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Show PERMANENT LOSS OF1 OIL MARKET IS FEARED Sir Charles Greenway Point Possible Result of Proposed Pro-posed Embargo lXNDON. b. 5 An embargo against exportation of American oil to Ureal Britain probably would mean permanent loss of that market to American producers. Hlr Charles Oreen-way. Oreen-way. chairman of the Anglo-Persian Oil company, declared today In a pe-cial pe-cial article written for the United I'ress. At the same time flreenwas expressed ex-pressed the belief that "the oil problems," prob-lems," between the two countries would be "amicably settled - The article was prepared with apeclal reference to the Mesopolamlan oil controversy con-troversy whli h has become on of the most Importsnt phases In the struggle between American and Britmhlnterests fi.r petroleum supremacy. The American Ameri-can government protested against the terms of the British mandate over Mesopotamia, malntaing that the "open, door" principle must be upheld there and Intimating that an American oil embargo might be employed If necessary neces-sary The head of the Anglo- Persian Oil company, which la controlled by the British government, was eased to lirsstnl IM British viewpoint. V SIN CHARLES GREENWAY. Chairman of the Angle-Peroian Oil Cempany. Written for the I'nited frreas. LONDON., Kb. . I am surprised, and regret that what Is purely a business busi-ness matter should have been brought Into the domain of political agitation. Th.r- i. nn "closed, door" in Meso- potamla. There never has been. All we ask Is that the concessions acquired legally and In good faith from the Turkish government should be respected respect-ed Just as the standard Oil egpecta the same sort of recognition for similar concessions it presumably has obtained from the Turks In 1'aleatlne. One unfortunate aspect of the political po-litical agitation over Mesopotamia hae been exaggerated Idea of the potentialities poten-tialities of the oil fields. There Is ot! In Mesopotamia, but It la not a petroleum petro-leum eldorado. Inasmuch as the great bulk of the oil burning fields of the region lie on the I'ersian side 01 me frontier. BAD BUSINESS. I feel sure that responsible American Ameri-can opinion will not countenance application ap-plication of an oil embargo against a friendly nation. For one thing. It would be bad business to cut off one of the best markets for American products, especially now that there Is a marked overproduction In the I'nited Plates. Uesides. one of the chief effects of such a measure would be to force England, in aelf-defense, to make every effort to render herself Independent of American Ameri-can oil which would probably mean a permanent loss of thla market to American producers. But I believe an embargo would ever be enforced. There la no reason why all our oil problems should not be amicably settled. Important as they are, they cannot be allowed to disturb the relations of two great natlone. whose friendship means so much to the whole world. ' |