Word: suez
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...Announced, in reply to an urgent appeal by United Nations' Secretary-General Dag Hammarskjold, that the U.S. will lend the U.N. up to $5,000,000 to help meet the initial costs ($7,000,000 to $10,000,000) of Suez Canal clearance, with repayment "terms and arrangements" to be worked out later. Canada, Australia and six West European nations are expected to advance the rest. Still to come: agreement on a permanent plan to finance the total ($40 million) salvage...
...Cold-shouldered Israeli attempts to commit the U.S., in advance of Tel Aviv's full compliance with U.N. resolutions, to support her demands that in any Mideast settlement Israel be guaranteed free passage through the Suez, protection from further Egyptian commando raids, etc. The State Department, determined that Israel not be rewarded for her attack on Egypt, told the Israeli Foreign Ministry in effect: first things first, i.e., no U.S. commitments until Israel withdraws behind the 1949 armistice lines. On the other side of the ledger, the U.S. Treasury gave no sign of heeding fervent Egyptian requests that...
Picking up the pieces after the Suez disaster, the British found themselves getting used to the idea that they are not as big a power as they thought they were. The discovery made some timid Little Englanders decide that the sooner Britain settles down to being a comfortable Sweden or Holland the better, but there were others who were looking for new combinations of strength and finding them in the idea of European unity. A clear and insistent emotional cry for "Europe" was being heard last week in both Britain and France...
49th State. Suez exposed Britain's reduced status as a military power, the vulnerability of its economy and the limit of what it once considered the unlimited backing of its closest ally. The danger in all the resultant self-flagellant humility was that Britain might turn to a "Lay this burden down" philosophy, or a retreat into a popular but disastrous attitude of "Let Uncle Sam do it." Yet many in Britain saw that though Colonel Blimp lies punctured, Private Mouse is not necessarily a wiser counselor...
Scattered Chicks. In the two months since Suez, the drive toward a united Europe has made more progress than in the previous two years. By happy political chance, France's Premier Guy Mollet and Germany's Konrad Adenauer are both dedicated "Europeans" who recently together settled the long-festering problem of the Saar. After months in the hands of the experts, two important new treaties are ready for submission to six Western European nations: one to eliminate internal customs barriers and provide a common market for 160 million people, the other to pool all atomic research and development...