The Arab State of Iraq is as juicy with oil as an olive. So far it has hung on the British economic tree, but last week Britain, experienced as it is in handling olive branches, began to be afraid the Iraq olive would fall off.

Thousands of Iraqi crowded Bagdad's dirty streets, weeping and beating their breasts over the sudden death of 27-year-old King Ghazi I. Iraq's council of ministers announced that the next King would be Ghazi's three-year-old baby boy, Feisal II. For 14 years, until Feisal comes of age, Iraq...

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