Word: canallers
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...TIME, which usually remembers what the others forget, did not mention that we have long had a treaty with Nicaragua for a canal route across that country [Dec. 25]. There was considerable controversy about whether to build in Panama or Nicaragua, and Teddy Roosevelt, I think, settled it by acquiring both routes, holding Nicaragua in reserve for possible future use. Am I right...
...give you a blank check' when there's a pistol at your head. All you can say is that 'we'll do what's right.' " The principle established and the pistol withdrawn, Johnson agreed two weeks ago to renegotiate the Panama Canal Treaty, announced that the U.S. would eventually build a sea-level canal somewhere in Central America or Colombia...
...canal will probably bring some fringe benefits to the general area. But the other five Central American republics will have to find their own routes to a rosy economic future. A new report by the Committee for Economic Development (C.E.D.). a private group of U.S. businessmen, suggests some guidelines...
Wherever the United States decides to locate its new sea-level canal in Central America, the local economy will be dramatically affected-upwards. Virtually 100% of Panama's revenues ($90 million last year) are generated by the present canal. The new canal will unquestionably float similar benefits. But happy though the U.S. might be to see all the Central American nations so well-fixed financially, the new canal can only go in one place, and last week it looked as if that place would again be Panama-barring unforeseen treaty complications and further anti-U.S. riots like those...
After Egypt's Gamal Abdel Nasser nationalized the Suez Canal in 1956, he advised the Americans to "choke on your fury," and when John Foster Dulles died three years later, he gleefully ob served: "The worms are now feeding on this rotten old man." Though he was more restrained about the U.S. during the Kennedy years, the "nonaligned" Nasser is now back in full invective form, as he proved last week in a tympany-tempered speech at Port Said. "Anyone who does not like our atti tude," he roared, "can drink the sea. And if the Mediterranean...