Ryan said the overriding concerns among the Arabs are the settlement of the question of Jerusalem and a reasonable solution to the Palestinian refugee problem.
"There are those among you who might question the use of the term "refuge" because it has been said no one asked the Arab refugees to leave the area after the establishment of Israel," Ryan charged.
Ryan at one point referred to Israel as a "hostile power," then, noticing a few frowns in the audience of businessmen, softened his words and said that in 1948, on the establishment of the state of Israel, "some said the Arabs were asked to remain in the Jewish state, but when the Israelis began blowing things up and shooting, the first reaction was to get the hell out."
Ryan also said he foresaw no settlement in the area until Israel withdraws to the pre-1967 boundaries.
"The Arabs are now ready, although grudgingly, to accept the existence of the Israelis," Ryan said, "but their conditions have to be met."
February 14, 1974, The San Mateo Times, page 1, Arabia Used War to Hike Oil Price: Ryan,