Word: canal
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Dates: during 1950-1959
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Filling a vacancy on the Fifth Circuit Court of Appeals (Georgia, Florida, Alabama, Mississippi, Louisiana, Texas and Canal Zone), President Eisenhower last week tapped a New Orleans corporation lawyer whose facility at law helped Ike clinch the 1952 Republican nomination. To the Senate for confirmation he sent the name of John Minor Wisdom, 51, Louisiana's Republican national committeeman. A lifetime Republican but no politician until 1951, Lawyer Wisdom (specialty: antitrust legislation) recruited Louisiana Republicans and Democrats alike for Ike, saw a delegation packed with Taft supporters picked for the convention. Carrying his battle to Chicago, Wisdom argued credentials...
...letter of the law. The fact was that Hammarskjold had always insisted that both sides must comply with the 1949 Egyptian-Israeli armistice agreement, and Nasser had only exercised his right under that agreement to administer Gaza (although he justifies his exclusion of Israeli shipping from the Suez Canal on the grounds that there is in fact no armistice and he is still entitled to exercise a belligerent's rights...
Hammarskjold faces also the difficult task of presenting to Egypt an acceptable plan which will insulate the canal from Egypt's internal politics to the satisfaction of the West. The Egyptian dictator will not and cannot accept outright international control, either in operation of the Canal or collection of its revenues. Furthermore, Egypt has proved herself capable of operating the canal herself, and if a semi-peaceful situation is established, there is no reason why the foreign pilots who left in October should not return. Egypt was operating the canal acceptably in October and their unexpected success might have been...
...order to get large-scale operation under way again, Nasser might permit an international board of overseers, composed chiefly of neutral nations, to supervise the payment of creditors, and to see that the canal is maintained and improved...
...that a satisfactory settlement will be established. What is needed to balm the egos on both sides as well as providing efficient administration is an international control board that will leave legal sovereignty with Nasser, but will prevent him from backing out on his financial obligations or restricting canal use. Because of his eagerness to get the money, the Egyptian dictator would probably allow a genuinely neutral control board so long as he gets revenues and can point to Suez as Egypt's property...