Word: suez
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STEP by step, ever since the Suez crisis, U.S. diplomacy has been on a forced march toward a program of order in the Middle East. Each step offered its special hazards, each week its seemingly paralyzing "What if ...?" Last week, as the Middle East crisis seemed to be heading for a settlement, the question was: "What if Israel refuses to get out of Gaza?" To forestall such a refusal, the President and the State Department engaged in the most serious diplomacy of the winter. See NATIONAL AFFAIRS, What If . . .? As for the larger-looming question-"What if Russia decides...
...hotly debated details of the Suez crisis is whether Secretary of State Dulles provoked Egypt's Premier Nasser into seizing the Canal by a too-precipitate cancellation of U.S. funds for Egypt's dream project, the Aswan Dam. There is some evidence that Nasser had decided to nationalize the Canal long before Dulles canceled Aswan. Last week came evidence that Dulles' decision was so precipitate that the U.S. Ambassador in Cairo first learned about it from the newspapers...
First to be delicately unwrapped was the complication of Israel's troops in Egypt (see below). If this could be done, the next step was to get to the inner mechanism of trouble: the problem of the Suez and of the Soviet presence in Egypt. It was anxious work, and the ticking went on loud and clear...
Counter-Pressure. Any more concessions to Israel at this point would estrange the moderate Arab opinion that the new U.S. Middle East policy is trying to foster. Nasser was already systematically slowing down the work of clearing the Suez Canal. Last week, after U.N. salvage vessels finally raised and towed the cement-filled hulk Akka out of the main channel, the Egyptians continued to dawdle about removing explosives from the wrecked tug Edgar Bonnet, and thus effectively kept the ditch plugged. The U.S., however, was concerned less about Nasser's blackmail than about other Arab opinion...
...Senate stepped up its oil hearings last week, almost everyone had the industry pegged as the villain in the case. Oilmen had not only hiked prices as much as 12%; they had also, said the reports, failed to supply enough oil to ease Europe's Suez shortage. But the hearings were hardly under way before the character of the villain underwent an amazing transformation: he began to look almost like a hero. Wyoming's Democratic Joe O'Mahoney. Senate subcommittee chairman, concluded that the price boost was justified for small independents, because oil costs have risen sharply...