Word: truce
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...truce in Indo-China, however salutary on other grounds, has not helped France's financial position in the slightest. America had already been bearing the full costs of the war. On the other hand, a sharp cut in military expenses at home is only possible if one has blind faith in "peaceful coexistence" and on the Kremlin's good will...
...count the Guatemalan Reds out yet, warned Ambassador John E. Peurifoy, U.S. envoy to Guatemala during Arbenz' last months and a negotiator of the post-revolution truce. "They ran like a bunch of rats," Peurifoy said, testifying in Washington last week before the House Subcommittee on Communist Aggression in Latin America, but that only scattered them to various Latin American countries where they "represent a great danger, and I hope those governments are alert to the situation...
...loaded them into waiting trucks. Within hours, the prosperous $15 million Brewery & Cold Storage of Indo-China was a wreck, but much of its equipment was headed south into the French zone. Like many another French business, the Brewery had first hoped to stay in Hanoi after the Geneva truce partitioned the country last July. But at the last minute, the owners changed their minds, frantically salvaged all the machines they could...
Fact & Fancy. Under the truce, the Communists promised businessmen "fatherly protection." Said a Red declaration on trade: "Establishments and properties will be safeguarded . . . In all cases of requisition, expropriation, or suppression of licenses, legitimate interests of French citizens will be taken into consideration...
...terms of the truce also called for each side to turn over public services in operating condition. Accordingly, French Premier Mendés-France sent a personal emissary to Hanoi to persuade the four big French-run public utility companies-the power plant, water company, Yunnan railway, and Hanoi's municipal streetcar system-to stay on under the Communists...