Word: suez
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Dates: during 1950-1959
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Prime Minister Harold Macmillan now feels the need to draw closer to Europe. When he first came to power after Suez, he gave top priority to repairing Britain's strained U.S. relations. Since his election victory in October, he has shifted his concern to Europe. That was the meaning of Selwyn Lloyd's visit to Paris last week, which produced more assurances than achievement. Next on the agenda: a long-postponed state visit to London this week by Konrad Adenauer...
With all the emotional, economic and political issues involved, a vital difference remains between the demands of Boyd's unruly mobs and Egypt's once unruly Nasser. Whereas Nasser acted in his official capacity as chief of state to reach out and grab the Suez Canal, Panama's President de la Guardia shuns such ambition, and even the mob so far aspires only to seeing the Panamanian flag flying over the "sovereign" territory...
...School before joining the Foreign Service after World War I. As he rose through the corps, putting out diplomatic fires from North Africa to Berlin, from Trieste to Panmunjom, Suez, Tunis and Lebanon (TIME cover, Aug. 25, 1958), 3,400 Foreign Service pros came to look upon him as "Mr. Foreign Service." His trademark was an amiable smile overlaying a dependable core of toughness. Said he to a trouble-minded Lebanese rebel leader at the height of the Lebanon crisis in August 1958: "You know, we have the power to destroy your positions in a matter of seconds. We haven...
Three years ago, in the disorder that followed the Suez invasion fiasco, Great Britain was faced with such a run on the pound sterling that it asked for and got $500 million in credit from the U.S. Treasury through the Export-Import Bank. But confidence in the pound was restored so quickly that only $250 million of the money was actually borrowed-on ?300 million security posted by Britain, to be repaid at 4.5% in ten installments from 1960 to 1965. Last week, with Britain's economic rebound having turned into a full-fledged boom, and the first favorable...
...exerted within the television industry itself. A handful of top critics-Gould, Crosby, Humphrey, O'Flaherty and Variety's George Rosen-are regularly read by network executives, program sponsors and advertising agencies. Such critics can point to a few direct results of their influence. During the 1956 Suez crisis, several blistering columns by the Times's Gould shamed all three networks into covering the U.N. Security Council debate on the Mideast. After John Crosby rapped CBS for vapid programing, CBS Board Chairman William Paley postponed a European vacation to help whip up something better. This fall, before...