Word: pact
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Dates: during 1950-1959
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...another principle of old-fashioned diplomacy to win as many friends as you can to your side, and to deny as many as you can to the enemy. Asians like Burma's Premier U Nu want to be friendly with the West, but refuse to join a military pact. Rather than abandon them, or berate them, or wheedle them, the U.S. should seek a separate relationship that involves neither slight to them nor undue soliciting of their favor...
Actually, the pact is not as toothy as once intended. Originally, Greece and Turkey would have had to go automatically to Yugoslavia's aid; once involved, they could have demanded assistance from their NATO partners (including the U.S.). But Tito, who is not in NATO, would not have been committed to help Greece and Turkey if they became involved in NATO action away from home. So NATO itself objected. As one official put it, "Marshal Tito is trying to buy a dollar's worth of NATO protection for 50 cents." After much rewording, the pact now calls...
Behind the haggle over details, however, is the common conviction that in case of real trouble, all are in it together. Thus the new Balkan pact, in effect, closes the last gap in NATO's ring around Europe, which begins in Iceland and extends to Mount Ararat. So happy did Tito feel about the whole thing that at the party after the signing, he passed word around that he meant to celebrate until the small hours; anyone who was sleepy should forget about protocol and leave ahead...
Hoover Jr., found a happy solution. Last week's pact in effect recognizes the transfer of full title of the British-built billiondollar industry to the Iranian government, at a cost to Iran that is a fraction of its real value. This should mollify Iranian nationalists. For giant Abadan, the world's largest refinery, and its huge network of affiliated production facilities, the Iranians will pay Anglo-Iranian a mere $70 million in compensation...
...General Zahedi had mentioned no nation by name (he has to get his people, so violently anti-British until recently, used to the idea), and had made no specific pledge, there were signs that Iran may be drawn into some such U.S.-sponsored defense arrangement as the Turkey-Pakistan pact. A month ago Russian Ambassador Anatoly Lavrentiev accused Iran of discussing a mutual defense agreement with the U.S. and sharply warned the Zahedi government against doing so. Iran replied that it would join any bloc it deemed necessary to its own defense. Those were audacious words to deliver...