Word: arabism
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Dates: during 1950-1959
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...biggest crisis in their brief national history, the rulers of the Arab Middle East went faithfully by the Book last week. They took counsel together-and disagreed...
...Enemy. The rulers quickly found that they could not even agree on why they met. Egypt and Syria wanted all Arab states to act jointly against the French and British invaders. The Iraqis broke in to say that Israel was a more urgent problem than Suez. "The uprooting of Israel is the only practicable method to secure peace and order in the Middle East," said the Iraqis, arguing that as long as the Palestine question was left unsettled, the door to Soviet penetration stood wide in the Middle East...
From there on the debate grew hotter and hotter. Syria, Saudi Arabia and Egypt wanted all Arab states to break off relations with Britain and France unless the invaders pulled out of Egypt at once. But Jordan and Iraq were not yet ready to break with Britain, source of much of their revenues, and Lebanon's Chamoun did not want to break with anybody. The Iraqis let neighboring Syria know that they were extremely unhappy at destruction of the Iraq Petroleum Co.'s pipeline across Syria. By blowing up three desert pumping stations, the Syrian army...
...industry is also throbbing with a headache over the Middle East. In Texas a major argument raged between independent oilmen and the big companies over how to supply Europe with oil to tide it over until supplies start flowing freely again from Arab fields. While major companies want to boost U.S. production, the independents insist that the shortage should be filled from existing U.S. supplies above ground, argue that production increases will only result in bigger domestic surpluses once the immediate Suez crisis is past. As of last week, at least, the independents were winning. The Texas Railroad Commission, which...
...which hopes to remain friendly with Arab nations, has no official Government program to help out. Instead, the U.S. wants Europe to buy oil on the open market and from private U.S. oil companies. To make it easier, the Justice Department last week approved a plan whereby 15 major U.S. oil companies would form a single marketing combine to supply Europe without laying themselves open to antitrust prosecution. Said Attorney General Herbert Brownell: "The plan contains features which I might well deem objectionable in other circumstances. However. I reluctantly concluded that this plan of action should be approved...