Word: nasser
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...British and French enthusiastic for this extreme potential of the users' idea-and they were bothered by the realization that the most that they could expect from the U.S. to defray the heavy cost of detour would be loans to pay for U.S. oil imports, not gifts. Furthermore, Nasser was so far proving disconcertingly able to run the canal by himself. As long as the canal remained open, the smaller nations were unwilling to shoulder the extra cost of sending their ships around the cape. Scandinavia, West Germany and Italy were unhappy at the thought of jeopardizing their trade...
...users' idea in its most extreme concept-as a huge Western economic club to beat down Nasser-had its flaws for John Foster Dulles as well. For the U.S. aim had to be not only to protect its vital interests and those of its Western allies in the Suez and Middle East, but also to negotiate in a manner that did not draw a permanent cleavage between the Western world and the Arab and Asian countries...
...expected that Russia, with its veto power, would let the Security Council take any action, either to undo or punish Nasser's seizure. The U.S. was surprised at the timing, but acquiesced. Said Dulles: "This is an interdependent world, and you cannot thrive and prosper if you deny the principle of interdependence." Taking the case to the U.N. was another way of airing the West's concern, of impressing the world with its urgency and of seeking a settlement by means rooted not in the jungle...
...mean to run the canal," boasted Egypt's President Nasser. Last week, eight weeks after his seizure of the canal, a week after the walkout of two-thirds of the canal pilots, Nasser seemed to be making good his boast. Since the seizure, 2,432 ships had passed safely through the canal, 301 since the pilots' walkout. Thanks in part to the detour of some French and British ships around the Cape, there were no jams at the canal entrances. After a few days of limiting convoys to two a day, the Egyptians moved back...
...NASSER'S troubles are far from over, but any responsible assessment of the canal crisis must include the probability that the Egyptians are able to run it by themselves. At 0730 on the dot, placed 14th in a 24-ship convoy, the Coraggio swung free at Port Said. Egyptian Pilot Ibrahim el Shiaty, who speaks good Italian, barked his first orders: "Avanti adagio, venti a diritta" (Slow ahead, 20 degrees rudder to the right). We moved slowly past the statue of Canal Builder Ferdinand de Lesseps with bronze arm outstretched, past the white-colonnaded canal headquarters where the green...