Word: canale
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Dates: during 1960-1969
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...ended," Egyptian President Gamal Abdel Nasser said last week. "The Two, Three-or even Four-Year War is still continuing. We are at war with Israel." With those belligerent words, spoken in a week that saw ground and air action along the Suez Canal reach new intensity, Nasser effectively scrapped the U.N. Security Council cease-fire of 1967. Had the point of all-out war been reached? Not quite. Despite all the shooting-and the shouting-casualties were minimal in comparison with those suffered during the June 1967 hostilities. But the prospects for peace remained dim. All the efforts...
...water's higher level is clearly evident in the yearly rise in a slimy black-green line on the palazzi along the Grand Canal. Because of the melting of polar ice, the sea level at Venice is rising .055 in. a year. At the same time, the island is sinking .106 in. a year -partly because industrialists and farmers have been pumping away the cushion of underground water. An even more serious factor has been dredging operations in the lagoon between Venice and Marghera, its rapidly expanding industrial satellite on the mainland...
Silicon Gas. Everyone is aware that Presidents Grant and Eisenhower passed through the Point, but there were also artists, scientists and businessmen. George Goethals built the Panama Canal, Henry du Pont became an industrialist, and Robert Wood became president of Sears, Roebuck. Edgar Allan Poe, on the other hand, was court-martialed for "gross neglect of duty," and James Whistler failed his chemistry exam. "If silicon were a gas," he said later, "I would be a major general today...
...Since June 1967," U.N. Secretary-General U Thant reported to the Security Council, "the level of violence has never been higher," and "open warfare had been resumed." He admitted the 1967 cease-fire had "ceased to be respected" in the Suez Canal sector and hinted that he might be forced to order the withdrawal of the 92 U.N. military observers posted along the canal. "They cannot be expected," he said, "to serve as what amounts to defenseless targets in a shooting gallery...
NERVOUS about inflation, tight money and the prospects of a business slowdown, Wall Street has more than enough to worry about these days. But last week the words and deeds of some very important people further unnerved investors. At the U.N., U Thant reported that fighting along the Suez Canal had erupted into "open warfare." It was the kind of news that Wall Street hates. In the U.S. Senate, Finance Committee Chairman Russell Long raised prospects of a long delay before action on extension of the surtax, and Wall Street was bothered even more. Most disturbing of all, Treasury Secretary...