Word: icelandic
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Pish for thee, Iceland dog! Thou prick-eared cur of Iceland...
Elizabethan epithets and their modern equivalents resounded in the ancient British trawler ports of Grimsby and Hull last week, and the Queen's ministers sent off an ultimatum to Reykjavik that called up memories of gunboats and a whiff of grape. Reason: Iceland last week proclaimed, effective Sept. 1, a twelve-mile fishing limit off its coasts, a zone drawn from the outermost points instead of bending like a ribbon to follow the contours of the coast...
...point out that it would be their duty to prevent any unlawful attempt to interfere with British fishing vessels on the high seas." (An international conference last April failed to agree on a three, six-or twelve-mile limit, leaving it up to what each nation can enforce.) Although Iceland had not yet talked of using gunboats itself, "Her Majesty's government," continued the note, "finds it difficult to believe that the Icelandic government would use force against British fishing vessels in order to secure compliance" with a decree both "unilateral" and "against international...
Arab Republic (Egypt-Syria). Britain, whose North Sea fishing trawlers are a major industry, decided to abandon the three-mile limit in favor of a maximum of six, hoping thereby to avoid the threat of twelve, which would seriously jeopardize its fishing close to the coasts of Iceland, Norway and Greenland. Canada proposed a six-mile limit for national sovereignty, plus another six miles of exclusive fishing (a notion that horrified Britain). The Soviet Union, which has little at stake for itself in the issue, made propaganda hay by championing the smaller nations' twelve-mile proposals...
With the world commodity market now glutted, the situation is made to order for the Soviets. Iceland made a trade deal with Russia to dispose of its surplus fish, Burma to dispose of its surplus rice. Such countries often accuse the U.S. of damaging their economies by sales of its surpluses on the world market; less well known is the fact that Russia often puts the commodities it takes in trade right back on the market, as it did with Egyptian cotton, Turkish tobacco, Syrian wheat...