Mollet gambles on Suez policy to bolster French position
Paris reports Premier Guy Mollet risked resigning over the Suez crisis to force unity at home. He stayed, moved to UNSC action on six principles for canal operation, and pressed for 420 million dollars in new taxes with 7.5 million in spending cuts. The move seeks to blunt domestic opposition while aligning with Israel against Egypt.
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Paris
Guy Mollet
Mollet
United States
Britain
Suez Canal
Rene Coty
Egypt
Nasser
U.N. Security Council
Suez
Assembly
France
Suez Camal Users Assn
Former Manager of Loan Company Sent to Prison
M Lewis Hamilton, 25, former manager of Eastern Finance Corp. in Petersburg, received a two year sentence in the state penitentiary for grand larceny totaling 11,820 dollars. The Newport News native pleaded guilty to two counts and will be eligible for parole in six months.
US Army counters claim Dart missile copied from France
Army Ordnance experts dismiss French assertions that the Dart antitank missile is a copy of France's SS 10 design. The Dart, a five foot guided rocket, is produced by Utica Bend Corp and developed jointly by Army Ordnance and Aero Physics Corp. Work began in 1952 with the joint effort continuing in Santa Monica.
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Washington
United States Army Ordnance
Utica-Bend Corp
Curtiss-Wright
Army Ordnance
Aero Physics Corp
Santa Monica
Calif
Bourges
France
S S 10 Missile Scrutiny and Wire Guided Systems
The text notes that some S S 10 missiles were tested but found unsatisfactory for U S use. It mentions the Dart’s internal guidance differs from the S S 10. It also states both French and American missiles use wire guidance rather than radio, with Germany having used wire guidance experimentally in World War II.
MENTIONED IN THIS ARTICLE
Germany
Jewish Lord Mayor Ends Visit to US
Dublin's Jewish lord mayor Robert Briscoe concludes a two month US tour with stops in 48 cities. He flew home on a KLM flight piloted by his son Abraham after delivering multiple speeches daily and remarking that Americans are warm and hopeful for a better world.
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New York
Dublin
United States
Robert Briscoe
Abraham
Briscoe
Boston
Nation Pays Off Over a Billion in Debt to Reach Low Point
Washington reports the national debt reduced by more than one billion, settling just under 272 percent of a billion dollars per person and marking the lowest level since April 1954. Treasury cut cash reserves to about four billion while offering options for new securities. The bulk of the payoff came from cash reserves as corporations sought cash to meet June tax payments.
MENTIONED IN THIS ARTICLE
Washington
Treasury
The
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