Word: nasser
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NONE OTHER THAN EGYPT'S NASSER, WHOSE INFLUENCE IN THE MIDDLE EAST, MORE THAN ANY OTHER, WILL INFLUENCE HISTORY FOR YEARS TO COME...
...special session of the U.N. Security Council, ten nations, including both the U.S. and the Soviet Union, expressed sympathy for the Syrians. In Cairo, Premier Nasser talked of going to war against Israel, in the event of similar forays in the future against either Syria or Egypt...
Raising the money was Nasser's problem...
...Egypt still had to find more than $400 million in foreign exchange. For two years, the World Bank mulled over Nasser's request for a loan. It wanted guarantees that the dam was feasible, that Egyptian finance was stable, and that there would be no graft. Not until Russia recently charged forward with an offer of $300 million for the Aswan Dam did things begin to stir in Washington. The U.S. decided at last to underwrite the Egyptian investment...
...polishing the fine print in the terms for a $200 million loan, and the U.S. State Department steeled itself to ask Congress for perhaps $200 million more, spread out over the ten years that the dam will take to build. With hopes for another loan from Britain, Premier Nasser can afford to turn down the Russian offer and still stop up the Nile with a mighty wall, not of concrete but of granite blocks, just like the ones that pyramids were made...