THE MIDDLE EAST: Suez Settlement

The chasm that split Gamal Abdel Nasser from the West more than two years ago in the Anglo-French invasion of Suez was papered over by money last week. The strongman of the Nile, needing written help to withstand the Communists in the Middle East, got set to make an economic settlement with the British. The U.S. has already agreed to sell him 200,000 tons of surplus wheat, and the French have signed a $5,000,000 barter deal with him. The British-Egyptian compromise was worked out by World Bank President Eugene Black, the discreet and yam-voiced international civil servant from Georgia...

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