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...diplomatic greeters, led by Secretary of State Christian Herter, huddled under a long blue canopy on rollers, but rain trickled down the back of the Egyptian ambassador's neck and plonked off the Homburg of the ambassador from Guinea. From a MATS Convair stepped Congo Premier Patrice Lumumba, 35, wearing his customary blue suit and brown Italian loafers. He gazed at a blue, gold-starred Congo flag that had, all too obviously, been hand-sewn that morning, and a Marine Corps band struck up Stars and Stripes Forever-the commission assigned to write a Congolese national anthem...

Author: /time Magazine | Title: CONGO: Where's the War? | 8/8/1960 | See Source »

Earlier at the U.N. and again in Washington, Lumumba hammered away at a single theme: the U.N. must get the Belgian troops out of the entire Congo, including secession-minded Katanga province. "After the Belgian troops leave, peace will be restored in five minutes," he told a U.N. press conference. "If the Belgian troops left tomorrow, that would be fine. But if they left today, that would be even better." Lumumba backed away smoothly from his big development contract with U.S. Promoter Louis Edgar Detwiler: "Only an agreement in principle." (Privately he admitted the contract was "a terrible mistake...

Author: /time Magazine | Title: CONGO: Where's the War? | 8/8/1960 | See Source »

AMID the political turmoil in the Belgian Congo last week, one U.S. businessman turned up with what he termed "a great victory for the Western world." The man is Louis Edgar Detwiler, 62, a tough, steely-eyed international promoter who signed a 50-year contract with Premier Patrice Lumumba to act as adviser for the development of the new nation's mineral, oil, gas and hydroelectric-power resources. Through the company he organized only a month ago, called Congo International Management Corp. (CIMCO), Detwiler hopes-if the Congo Parliament ratifies the deal-to mastermind projects to build airports, pipelines...

Author: /time Magazine | Title: Business: The Big Dreamer | 8/1/1960 | See Source »

...rain forest. Detwiler says he was forced to give up control to Swedish interests but kept some of his stock. Another version is that the Liberian government pressured Detwiler out because he was not producing. Still, the Liberian experience led Detwiler to other African leaders. He met Lumumba's private secretary recently. On July 11 he flew to the Congo from Brussels in a plane loaded with Belgian paratroopers. Detwiler says he has no idea how much money the Congo project will need. CIMCO has authorized 1,000,000 shares of $1-par-value stock but only...

Author: /time Magazine | Title: Business: The Big Dreamer | 8/1/1960 | See Source »

...develop the Congo. Since it is a nonexclusive contract and other U.S. businessmen are also negotiating , with the Congo government, he must work fast. Now that he has the contract he must find financial backing. If Detwiler cannot produce-and there were unkind rumors in Leopoldville last week that Lumumba's pro-Communist advisers agreed to the contract in hopes of discrediting all Western businessmen-then the consequences might be disastrous. "If we should lose the resources of the Congo, it would be a serious blow to the free world," says Detwiler. He was counting on investors reacting...

Author: /time Magazine | Title: Business: The Big Dreamer | 8/1/1960 | See Source »

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