Word: armament
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Dates: during 1950-1959
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...military junta and the unstable condition of Egypt gave shareholders no guarantee that their investment would be protected. Said Black: "The Bank is a bank, not a handout business." While the World Bank hesitated, Nasser talked to the Russians, who are supplying him with arms from the Czech armament factories. The Russians offered to lend Egypt $300 million for 30 years at 2% interest, promised to complete the dam in six years instead of the 15 estimated by Western engineers. Nasser confided to U.S. officials that the prospect of having an army of Communist engineers in Egypt pleased...
...great Figg feature, the Informer also gives some coverage to a British scientist who is suspected of having decamped Eastward with his nation's newest secret war weapon-electric eels. Another informative Informer expose concerns a movement called Ethical Recreation (which may remind some readers of Moral Re-Armament); its leader, Dr. Sloper, ministers chiefly to the rich, since "the poor are always Christian, they can't afford to be anything else...
...Christmas greeting to the world, Pope Pius XII proposed a three-point disarmament plan, composed of: 1) banning nuclear tests, 2) renouncing the use of nuclear weapons, and 3) establishing an armament control system. After running the Pope's proposals through the propaganda mill, the Communist press exploited the first two points, which the Soviet Union favors, and ignored the third, which the U.S. considers essential. (Part of the U.S. press, by failing to read carefully the Pope's intricate prose, distorted his message almost as much as did the Communists.) Last week, the Voice of America acclaimed...
...come into the picture after the presence of token allied contingents has dramatized the western powers' repeated guarantees to the Israeli state. The U.N., which is responsible for the creation of Israel, and for years has been debating the control of armaments, cannot let the peace of the world be threatened by the armament race between minor countries entirely dependent on the great powers. Since no atomic stockpiles are involved, there could be no better experimental ground for U.N. control of armament-just as there could be no better chance for us to stop the bootlegging of minor wars...
Most nations, however, have already come to realize that a way must be found for people to live together, the Indian statesman said, since a today's peak of armament development, peace has become "not an alternative, but an imperative...