FOREIGN RELATIONS: Possibilities for Friction

The only way the West can win the cold war, said Spanish Dictator Francisco Franco in an interview with Newspaper Editor Roy Howard last week, is to slap an immediate embargo on all trade with Russia and her satellites. Franco's proposal found informal support in a surprising place: among the Far Eastern experts in the U.S. State Department.

In Asia, their argument runs, an embargo would really hurt. "Take China," said one specialist. "A large amount of her industry is based on British and U.S. machinery installed before the Communists took over. China needs parts and replacements for those industrial...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!