Word: suez
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...nine small ships nosed slowly past the sun-baked jetties at the entrance to Port Said harbor and into the open Mediterranean-the first convoy to pass through the Suez Canal in five months. Harbor vessels tooted joyously, and on the quays crowds broke into cheers...
...Hammarskjold departed for New York, Nasser declared the canal open, and published his terms in a memorandum circulated to seven nations (but not to Britain and France), seeking "comments." His primary condition: the canal will be operated and managed by the nationalized Suez Canal Authority, and nobody else. Said Egyptian Spokesman Ali Sabri: "There will be no foreign supervision whatsoever." Other provisions...
...Tolls will be paid in advance of transit to Egypt's Suez Canal Authority; U.S. dollars, Swiss francs, various European currencies are acceptable-but not English pounds or French francs...
Faintly visible in last week's developments was a possible acquiescence without agreement based on the referral of both Suez and Aqaba to the World Court. While judgment is being sought, the situation will be shaped to the local preponderance of strength: in Suez, where Egypt has the means and authority to make it stick, Israeli shipping will be barred pending the decision; in Aqaba, Israel is determined and the U.S. is committed to send through ships unless and until the World Court rules otherwise...
Even this makeshift modus operandi had to be found between the lines. In public, Nasser insisted to a group of visiting U.S. editors that both the Suez and Aqaba waterways are in Egyptian territory. The U.S., he said, "is aiming to starve us out, while the Soviet Union is aiming to help us'' with shipments of wheat. "We like to be friendly to the U.S.," but "we will not surrender to American pressure...