Dulles repaid the young ruler’s generosity by opening doors for him in New York and Washington. In November 1949, Dulles hosted an exclusive dinner party for the visiting potentate in the dining room of the Council on Foreign Relations. The shah’s remarks were music to the ears of the dinner guests. “My government and people are eager to welcome American capital, to give it all possible safeguards,” he assured them. “Nationalization of industry is not planned.”
