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Usage:

Iceland feels that there is little room for negotiation. "The natural resources at stake here do not mean anything to the British economy as a whole," said Icelandic Foreign Minister Einar Agustsson. "But they are Iceland's only natural resources and therefore not only important but a matter of life and death for us Icelanders. Without fish we haven't even a chance of survival." Tiny Iceland, moreover, believes that it has one potent weapon in its not-so-funny war with London. If Britain refuses to give in, it may well close NATO'S surveillance station...

Author: /time Magazine | Title: THE HIGH SEAS: The War for Cod | 12/29/1975 | See Source »

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