Word: suez
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...Suez Control...
...final analysis, what nation wields the greatest power in the control of the Suez Canal...
...obscured by legal uncertainties is Reader Reynolds' question, the answer may well depend on events of the next few weeks; perhaps on the monthly meeting of Suez Canal Co. directors this week in Paris. The British Government holds 44% of the Canal shares, French capitalists about 50%. Of the directorate, 21 are French, ten British, one Dutch; but no shareholder may control more than ten of the 32 votes...
...actual Mediterranean situation: roughly one million tons of fighting craft jammed into the small sea which Romans have called for over 2,000 years Mare Nostrum ("Our Sea"). On paper the Mediterranean seemed "bottled up'' by British ships at its two outlets, Gibraltar and Suez. But the paws of the British Lion remained relaxed last week. Italy's transatlantic liners continued to shuttle on schedule through the Straits of Gibraltar. Italian transports moved methodically through the Suez Canal, carrying an average of 2,000 Italian troops per day to face Ethiopia, 1,000 miles south...
...Suez Canal, has she forgotten how many objections and obstacles she put up to de Lesseps from 1854 to 1869 when it was completed, due to his perseverance, and that of the money that built it, not a cent was English? And that in 1875 when she realized the canal's use to her Eastern route, she tried to gain control of it by buying 176.602 shares? And that today French directors of the Suez Canal Co.. which controls it, are 21 to the 10 British, while the French-owned stock is 56% to Britain's 44%? And that...