Word: anglo
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...U.A.W. strike against General Motors. The appointees: North Carolina Supreme Court Judge Walter P. Tracy, WLB Chairman Lloyd K. Garrison, Kansas State College President Milton Eisenhower (younger brother of General Ike). ¶ Appointed a six-man delegation, headed by Circuit Court Judge Joseph C. Hutcheson, of Houston, to an Anglo-American committee which will investigate the Arab-Jewish deadlock in Palestine. ¶ Paid a pre-Christmas visit to wounded veterans in the Bethesda Naval Hospital and the Army's Walter Reed Hospital. ¶ Put balding, affable Wilson Wyatt, ex-Mayor of Louisville, into the hot spot of U.S. housing...
...Anglo-American negotiators agreed to do as much as they could to break down bilateralism and expand world markets. The proposals for an International Trade Organization (ITO) which the State Department's shrewd Will Clayton drafted months ago got full British support "on all important points." This global trade charter, sent last week to other nations for study, outlined plans to revise or abolish such trade restrictions as import quotas, export subsidies, tariff preferences, cartels and dumping schemes...
...greatest known oil reservoir on earth. Only in the south had part of its riches yet been tapped, by the British, but the results were impressive enough. From the oil area around Masjidi-Suleiman and the great refinery of Abadan at the head of the Persian Gulf, the Anglo-Iranian Oil Co. drew 350,000 barrels a day, with indicated reserves of six to seven billion barrels. Few oilmen doubted that the untapped fields north of Iran, especially round Lake Urmia and Samnan, held oil as well...
Possibly, too, she planned a sphere-of-influence solution like the Anglo-Russian Convention of 1907, which solved nothing. More likely was the less ambitious aim of a Communist-controlled, autonomous Az erbaijan with a pro-Soviet Government in Teheran. These would be enough to secure her exposed southern flank...
Thus British policy tends toward a dog-in-the-manger role. Instead of making BOAC efficient, it punishes U.S. airlines for their efficiency. Efforts to negotiate an Anglo-American air agreement have been blocked by Britain's insistence on rate regulation by fixing fares on the level at which the most efficient operator could make a profit. Pan Am said that this was exactly what it was doing...