much as a secretary to keep his papers in order”, according to one scholar. Resolution of all outstanding differences eluded a speedy resolution, however, given the reality that on the British side progress proved tedious due to the need to consult many government departments with differing interests and jurisdictions. The most intractable challenge, however, proved to be Iran's assiduous efforts to revise the terms whereby the APOC retained near monopoly control over the oil industry in Iran as a result of the concession granted to William Knox D'Arcy in 1901 by the Qajar King of the period. "What Persians felt", Teymourtash would explain to his British counterparts in 1928, "was that an industry had been developed on their own soil in which they had no real share". Complicating matters further, and ensuring that such demands would in due course set Iran on a collision course with the British Government was the reality that pursuant to a 1914 Act of the British Parliament, an initiative championed by Winston Churchill in his capacity as First Lord of the Admiralty, led the British Government to be granted a majority fifty-three percent ownership of the shares of APOC. The decision was adopted during World War I to ensure the British Government would gain a critical foothold in Iranian affairs so as to protect the flow of oil from Iran due to its critical importance to the operation of the Royal Navy during the war effort. By the 1920s APOC's extensive installations and pipelines in Khuzestan and its refinery in Abadan meant that the company's operations in Iran had led to the creation of the greatest industrial complex in the Middle East. The attempt to revise the terms of the oil concession on a more favorable basis for Iran led to protracted negotiations that took place in Tehran, Lausanne, London and Paris between Teymourtash and the Chairman of APOC, Sir John Cadman, spanning the years from 1928 to 1932. The overarching argument for revisiting the terms of the D'Arcy Agreement on the Iranian side was that its national wealth was being squandered by a concession that was granted in 1901 by a previous non-constitutional government forced to agree to inequitable terms under duress. However, despite much progress, Rezā Shāh Pahlavi was soon to assert his authority by dramatically inserting himself into the negotiations. The Monarch attended a meeting of the Council of Ministers in November