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LONDON, May 13--Prime Minister Macmillan today grudgingly acknowledged Egyptian President Nasser as boss for the moment of the Suez Canal. He told British ships to resume sailing through it on Egypt's terms...

Author: By The ASSOCIATED Press, | Title: Britain Resumes Suez Shipping On Egypt's Terms; Announces Easements of Financial Squeeze | 5/14/1957 | See Source »

...same time Macmillan set out to put British relations with Egypt back on a businesslike basis. He announced slight easements of Britain's financial squeeze on Egypt and disclosed the two countries soon will begin discussing a dollars-and-cents accounting...

Author: By The ASSOCIATED Press, | Title: Britain Resumes Suez Shipping On Egypt's Terms; Announces Easements of Financial Squeeze | 5/14/1957 | See Source »

...Prime Minister had changed to "jaunty, nonchalant, a sure and easy hand." "One of those astonishing reversals of political form that so often confound the pundits," said the Manchester Guardian. Even Laborites accorded him grudging admiration. In the Daily Mirror Richard Grossman, the usually captious Laborite M.P., admitted that Macmillan was giving the Tories "just the kind of dashing, decisive leadership they expected but never got from poor Sir Anthony Eden...

Author: /time Magazine | Title: GREAT BRITAIN: Sure & Easy Hand | 5/13/1957 | See Source »

Ship propellers, churning out their wakes with magnificent forcefulness. look pretty efficient. But John H. MacMillan Jr., president of Cargill, Inc. of Minneapolis, suspected them of churning a little too turbulently. Since Cargill is a grain firm, deeply involved in water transportation, MacMillan decided to save his company some money by improving its ships' propellers. Last week he described a system that he believes gets more propulsive effect out of a ship's engine...

Author: /time Magazine | Title: Science: Pinch & Jet Ship | 5/13/1957 | See Source »

Then the streams pass through the propeller, and since they are still converging, they combine into a well-defined jet that has a superior propulsive effect. A steel plate below the propeller keeps it from drawing water inefficiently from below. MacMillan says that his system has been tested on two Cargill towboats and that careful comparison with conventional equipment proves it 20% more efficient...

Author: /time Magazine | Title: Science: Pinch & Jet Ship | 5/13/1957 | See Source »

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