Foreign News: Under New Management

"We can and mean to run the canal," boasted Egypt's President Nasser. Last week, eight weeks after his seizure of the canal, a week after the walkout of two-thirds of the canal pilots, Nasser seemed to be making good his boast. Since the seizure, 2,432 ships had passed safely through the canal, 301 since the pilots' walkout. Thanks in part to the detour of some French and British ships around the Cape, there were no jams at the canal entrances. After a few days of limiting convoys to two a day, the Egyptians moved back to the pre-seizure schedule of three...

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