Word: canalize
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Dates: during 1950-1959
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Speaking at the Geographical Institute, Schwadran stated that the refusal of the United States to stand up to Nasser over the Suez Canal issue would allow him to gain control of the Arab world at the expense of other leaders...
Schwadran said that the United States should insist Egypt abide by the six United Nations principles on the Suez Canal. If Egypt should refuse, the U.S. should apply stringent economic measures and should attempt to isolate Egypt...
...include a tennis court in Iraq, a clubhouse in Yugoslavia, a swimming pool in Port Said, a mountain retreat in Indonesia, a beach house on the Gold Coast, and a cabin boat for Martinique. Moreover, the State Department requests $135,000 for American participation in the non-existent Suez Canal Users Association...
Once again, Nasser had played his hand with skill. After keeping the canal blocked for months as a lever on Western nations, he had converted its opening into a kind of reverse lever. For shippers were so eager to resume transit that they rushed through without a quibble at his terms. Italian, Greek and West German (as well as Communist) vessels were in the first convoy. The U.S., Britain and France were still "advising" their ships to avoid the canal for the moment while they dickered for better terms...
...agreement. But Nasser no longer faced the threat of armed attack by Britain or France, and Britain's Foreign Office acknowledged privately that any attempt at economic boycott could not be long maintained in the face of bitter opposition from shipping companies watching their competitors steam through the canal...