Word: suez
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Most Generous. Domestic-oil exploration has changed drastically since the 1956 Suez crisis touched off an any-thing-goes search for more Stateside oil. Renewed imports, tightened state restrictions to guard reserves, and marginal returns from shallow drilling are forcing today's oilmen to drill deeper and to move into states where allowables-the monthly production quotas imposed by the state-are more generous. Louisiana is not only among the most liberal in quotas, but has the best deep-drill prospects. Though Texas still leads all oil-producing states (35.5% of U.S. production), its oil output has declined steadily...
Rothschild gold has powered the ambitions of prime ministers, princes and popes. It has financed wars and reparations treaties, changed the course of politics and bailed out armies and na tions. The Rothschilds strung railroads across the Continent, gained control of the Suez Canal for Britain, supported oilfields in the Caucasus and the Sahara, carved diamond mines in the African veld. Seldom unimaginative in the use of their money, they paid for the expedition that exhumed the mummy of Egypt's long-lost King Tutankhamen, have supported countless hungering artists and endowed many hospitals. To be a Rothschild...
When the khedive of Egypt in 1875 put his Suez Canal shares on the market, Britain needed $19 million to outbid other countries. Lionel de Rothschild, sucking on a grape, casually agreed to get the money for his friend Dizzy (Disraeli)-at only 3% interest. The Rothschilds helped to bankroll the empire-building exploits of Cecil Rhodes, and took home a large bundle of stock in the De Beers diamond and gold trust...
Died. Lord Evans, 60, Windsor court physician since 1949, a Welsh kidney specialist who signed the death certificate of King George VI, attended the births of Prince Charles, Prince Andrew and Princess Anne, in 1956 advised Prime Minister Anthony Eden to resign during the Suez crisis for reasons of health; of cancer; in London...
...cool, complex Deputy Prime Minister is in charge of the government for the time being, and by any measure he has had far the widest and longest administrative training for the top job. He is hard to fault for past mistakes, since he had no responsibility for Suez and hardly any for the Common Market failure, not to mention the Keeler scandal. Moreover, Rab is renowned for his patience. "He seems," says one commentator, "to act in decades and think in centuries...