Word: shipment
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...Bourguiba's friendship. You cannot methodically torpedo your allies in order to gain new ones; and Suez has shown that Mr. Dulles, although very good at flushing France and Britain, is not quite so good in gaining neutral support. Thirdly we should like to question the sagacity of the shipment itself. For not only did the American arms shipments reveal to France the degree of support it may expect now, as in October of 1956, from its American ally, but its effect on Bourguiba can only be slight when we pause to reflect that Bourguiba probably remembers...
Hopefully, one by-product of the shipment of weapons will be a revitalizaed French approach to the Algerian problems. Already Gaillard and Pineau have taken a significant step forward in introducing a bill for limited Algerian autonomy into the Chamber of Deputies. Only the French could be so perverse as to defeat such a bill twice in a row. The best hope for peace in North Africa is a program of gradual independence under the sponsorship and with the guidance of France. The French legislators, irrational or not, cannot ignore the need and the solution forever...
...planes were followed by two U.S. Air Force transports carrying 500 M-1 rifles and 50,000 rounds of ammunition. Overriding anguished French protests, the U.S. and Britain had decided to deliver arms to tiny Tunisia (pop. 3,780,000) in the hope of forestalling acceptance of a promised shipment of 2,000 rifles from Egypt...
...tighten money, Finance Minister Ichimada asked Japan's central bank to 1) hike its rediscount rate from 7.3% to 8.4%, 2) tighten up reserves of commercial banks to make loans harder to get, and 3) raise deposit requirements on import licenses from 5% to 35% of the shipment's total value, thus immediately tying up an estimated $40 million worth of importers' funds. As a result, imports dropped an average $25 million monthly, were actually slightly behind currency-earning exports for the month of October. Moreover, inflation at home lost some of its steam. With the squeezing...
WASHINGTON, Nov. 14--The United States and Britain brushed aside strong French protests today and ordered a token shipment of small arms sent to Tunisia in an effort to prevent the French colony from turning to Soviet arms suppliers...