TITLE

The US and France

PUB. DATE
March 1957
SOURCE
New Republic;3/4/57, Vol. 136 Issue 9, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on Premier of France Guy Mollet's visit to White House to sort out the differences between France and the United States. The first of which is the colonialism. The French have offered the Algerians a cease fire, free elections but no independence. If Mr Eisenhower and Mr. Mollet can make but a start in solving the fundamental issue of colonialism, the same is true of the financial pinch which grips France. The French ended in 1956 with trade deficit of almost a billion dollars. The closing of Suez and the rising price of American petroleum are some of the causes. Mr. Eisenhower's authority to make financial commitments to France is minimal. Ultimately, the solution to the financial crisis lies not in loans and aid, but in reopening Suez, And the reopening of Suez is dependent on American leadership .
ACCESSION #
14507720

 

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