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...stake in the war was the codfish-an ugly inhabitant of the North Atlantic that lingers lazily at the bottom of the ocean, spawns furiously and brings Iceland $59.3 million a year. Until June 1958, the schools of cod that lurked in the open sea more than four miles from Iceland's rocky coast were fair game for anyone. Every year British trawlers hovered off Iceland's coast outside the four-mile limit, scooping up enough cod to make up 50% of their distant-water catch...

Author: /time Magazine | Title: Iceland: War's End | 3/10/1961 | See Source »

...Then Iceland announced that it would enforce a new fisheries limit: twelve miles. British trawler captains who disregarded the Icelandic ultimatum and penetrated within the twelve-mile limit found themselves accosted by the belligerent Icelandic coast guard. The British navy steamed to the rescue, provided frigate escorts for the invading fishermen. Tempers flared, the NATO alliance (to which both belong) was endangered and shots were fired-although mostly blanks...

Author: /time Magazine | Title: Iceland: War's End | 3/10/1961 | See Source »

Last week, from both London and Reykjavik, came announcements that the 2½-year feud had ended. The terms: Iceland gets its twelve-mile limit, but British fishermen are permitted a three-year period of grace, during which they may fish-at certain times, at certain locations -within six miles of Iceland's coast. If Iceland's fishermen catch the fish that the British have been getting, the pact eventually should mean an additional $28 million a year for its one-crop economy...

Author: /time Magazine | Title: Iceland: War's End | 3/10/1961 | See Source »

...When and if the General Assembly votes to end the moratorium, it would then debate and decide whether the Communists or the Nationalists are entitled to China's Assembly seat. On this issue, the U.S. would gain support from such countries as Iceland and Ireland, which have voted against the moratorium as an attempt to stifle debate, but which oppose U.N. membership for the Red Chinese...

Author: /time Magazine | Title: Foreign Relations: Stages of Battle | 2/3/1961 | See Source »

Between them, Grandfather Calder and his son Alexander Stirling decorated a good deal of Philadelphia. "The public use of sculpture is its highest field and goal," said Stirling Calder, and he turned out everything from a battle-dressed Leif Ericson, which the U.S. gave to Iceland, to George Washington on the arch in Manhattan's Washington Square. But the warm talent of the man is best seen in a statue of a chubby little boy that he called Man Cub. The stark-naked cub: the future mobilist...

Author: /time Magazine | Title: Art: Sculptors' Dynasty | 1/20/1961 | See Source »

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