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...there were other ways of reaching the Egyptian dictator. Cyril Banks, a Tory M.P. who had quit his party in protest over the Suez occupation, was a close friend of the Moorhouse family and also knew Nasser from his days as a Middle East hand. "What would you really like me to do?" he asked Moorhouse. "Get over to Cairo," was the answer. "I believe that you could bring my son back if he is still alive." Banks promised to do what he could. By now the War Office, the Foreign Office, U.N. headquarters and 10 Downing Street were...

Author: /time Magazine | Title: GREAT BRITAIN: The Kidnaped Lieutenant | 1/7/1957 | See Source »

...Canadian immigration center in London's Mayfair district, long queues of men, women and children overflowed into the street from morning to night all last week. Ordinarily, winter is a quiet time at Canada's overseas immigration bureaus. But ever since the Suez crisis, immigration offices in Britain have been stormed by a steady rush of Britons who want to move to Canada...

Author: /time Magazine | Title: CANADA: West After Suez | 1/7/1957 | See Source »

Although most queuers loyally denied it, statistics clearly indicated that the ill-fated Suez adventure had powerfully affected the Britons' decision to leave. The British emigrant flow to Canada averaged close to 50,000 annually in the first difficult postwar years, but fell off to a mere 12,000 in 1950 as British living conditions improved. In 1955, despite vigorous Canadian promotion, only 35,467 made the move. Applications picked up noticeably after Egypt nationalized the Suez Canal in midsummer, and when the canal was blocked and new austerity measures were enforced at home, the long queues began...

Author: /time Magazine | Title: CANADA: West After Suez | 1/7/1957 | See Source »

...friend Nasser has sunk 21 ships, and I wish to God it had been 121." Thus Texas Independent Oil Producer H. P. Nichols hailed Egyptian President Gamal Abdel Nasser for blockading the Suez Canal. At the annual banquet of the West Central Texas Oil & Gas Association came more kudos. "As the person who has done the most for West Central Texas oilmen," Nasser was voted the members' "extinguished service" award: a bright pink chamber...

Author: /time Magazine | Title: Business: Independents for Nasser | 1/7/1957 | See Source »

Such cynical gratitude to Egypt's dictator had an eminently practical basis. The Suez blockade was just the opportunity the independents needed to use up U.S. oil stocks, go on to win a long-sought crude price increase. The independents' objective: a 60?-a-bbl. rise (over the current price of $2.77 to compensate for the increased cost of discovering...

Author: /time Magazine | Title: Business: Independents for Nasser | 1/7/1957 | See Source »

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