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People: David of Trebizond

U. S. policy is to play down …

Years: 1956 - 1956
January

U. S. policy is to play down the Arab-­Israeli dispute and alert all parties to the danger of Communist penetration.

To this end, American president Dwight D. Eisenhower dispatches a futile mission in January 1956 in hopes of reconciling Cairo and Tel Aviv.

In addition, the United States agrees to contribute $56,000,000, and $200,000,000 through the World Bank, to finance the first stage of Egypt's project for a new dam on the Nile at Aswan.