Word: suez
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Dates: during 1950-1959
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Only a year ago the Tory government of Harold Macmillan was losing one by-election after another, and Labor felt certain of its return to power. But since summer, as Britons' wrath at the Tories' Suez disaster faded, and once unpopular Tory anti-inflationary measures began building a new economic stability, the Macmillan government had bounced back to the top of the opinion polls. Laborites sensed that they might be headed not for office but for a third straight electoral defeat. Opening the conference, Party Chairman Tom Driberg conceded: "Our principles and policies have...
...Covenants on Human Rights, won a name in the U.S. as "the good Malik" to distinguish him from Russia's U.N. Delegate Jacob Malik. Returning in 1955 to his Beirut university post, he was called back to public life as President Chamoun's Foreign Minister after the Suez crisis, charged with carrying out a policy that allied Lebanon more closely with the West than ever before. Though he is careful not to say so publicly, privately he is known to consider Nasser a sincere man who is dangerously provincial, unaware of and indifferent to values of freedom that...
Cash Needed. But IMF does need cash. In boom, recession or crisis, the trend is toward increasing demand. Since Suez the fund has passed out in hard money loans some $2.7 billion, or two-thirds of all its outlay since the IMF was organized. Moreover, quotas have become unrealistic. Booming West Germany with $5.8 billion in foreign exchange and gold reserves is assessed only $330 million; the United Kingdom, with reserves of only $3 billion has a $1.3 billion quota...
...flames of world controversy burned hottest: in Munich during Hitler's brawling beer-hall days, in North Africa patiently maneuvering to deliver Vichy France's colonies to the World War II Allies, in Berlin during the airlift, in Trieste and at Panmunjom, in London during the Suez crisis. To Tunisians he is "Monsieur Bans Offices," to austere Britons he is "Breezy Bob," and to Pravda he is "Warmonger Murphy." To friends and enemies alike, he is perhaps the world's fastest-moving, most highly skilled diplomatic fireman...
...judge by the Suez crisis, if Hammarskjold succeeds in damping down the Lebanese and Jordanian crises enough to warrant U.S. and British withdrawal, Arab poets a year hence will be writing songs in praise of the heroic Lebanese and Jordanian patriots who fearlessly drove the Western imperialists into...