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NOVEMBER 3, 1956 VOL.

29

BANKOK'S WALL
STREET

THE SUEZ CRISIS: A QUICK WAR AND THE END OF THE COLONIAL ERA
IN THIS ISSUE Photo by: Dalilah Abubakar

Communism Creeping
Communism Creeping Closer
Closer BY KANOKPON NAGAVAJARA

Yesterday, the Thai government issued warnings about Vietnam war and
Suez Crisis Threatens Thai Communist dominion near Thai border. The protest now has turned violent,
Economy threatening Thai citizens near Vietnam border and Thai citizen in Vietnam.

A war between communist Northern Vietnam and anti-communist Southern


Vietnam has currently commenced, estimately two days ago. Government of
Hungarians Protesting for Thailand had just announced the warning of Thai citizens in Vietnam and Thai
Freedom and POWs: citizens that live near Vietnam to beware of the war that is presently occupying.
Thai government has suggested the evacuations of all Thai citizen in the area,
Turning Soldiers into especially citizens in Vietnam. Thai government underlined the concern in the
spreadings of Communist near Thailand. The Prime Minister sent invitations to
Prisoners the leaders of Thailand to a meeting discussing about the current crisis at 3:00
pm.
NOVEMBER 3, 1956 VOL. 29

Hungarians Protesting for


Freedom
For five days Hungarians have protested with determination for their
independent of being under the power of the Soviet Union.

Under the current government, Imre


Nagy, Hungary has withdrawn from
Warsaw Pact. Warsaw, formed in
May 14th, 1955 is a treaty a mutual
defense organization. The Warsaw
Treaty Organization provided
unified military command of the
Soviet military defense. The
resignation made Hungary a neutral Lee Jae-won survived the battle. During
country to Soviet Union’s enemies, the battle, he was captured by Chinese
upsetting Khrushchev and the Communists that handed him over to
countries in Warsaw. North Korea. North Korea life-sentenced
him in a secretive program called POW.

POWs: Turning Lee Jae-won is not the only prisoner


there, there are over tens of thousands of
Soldiers into South Korean that are sentenced under
POW. The prisoners of POW are enclosed
Prisoners in a certain area and are not allowed to
communicate with others.
SEOUL — Four months ago, Lee Jae-won,
a 21-year-old South Korean soldier At the end of Korean War in July 27,
HOLE IN FLAG - BUDAPEST 1956 battling in a war estimately in middle of 1953, an swapping prisoners agreement
the peninsula wrote a sincere letter to his between North and South Korea was
Photo by: Fanni Bazilika
mother in South Korea. In the letter, he made. With over 80,000 South Korean
described that bullets were coming down in the North, which most were presumed
Since 1945, subsequent to the second world war, like “raindrops,” he was scared. The day dead, North Korea only returned 8,300
Hungary was under control of the Soviet Union, after, his mother received a letter from prisoners. South Korea government is
along with their troops inside Hungary. A the South Korea still trying to negotiate the North Korea
communist government in Hungary was Army, stated that her son did not survive for the return of the rest of the
established. The death of Stalin in, a Soviet the firefight in Paju, where the border prisoners.
revolutionary, in March 5, 1953 brought hope to between North and South is. His body had
the people for their freedom of their country. not been found yet. A war between North Korea with Soviet
De-Stalinisation arises among Hungarians that Union and the Republic of China support
demanded the cease of country's brutal, secret “We never doubted his death,” said Lee’s and South Korea with the U.S. and the
police (AVH), the State Protection Authority. younger brother, Lee Jae-seong. “It was Great Britain support erupted in the mid
the chaos of war, and you couldn’t expect of 1953. The leader of North Korea was
In Budapest, October 23rd 1956, A rise of to recover a body.” Prime Minister Kim Il-sung forming a
protests by students and workers waving communist government, and the leader
Hungarian flags with the Communist Emblem in of South Korea was President Syngman
the center cut off. Eruption of fighting occured Rhee forming a capitalist government.
between both sides during the protests in The two sides created a border, 38th
Budapest. The desiration of independent parallel. Attacks happened rapidly
demonstrated by the Hungarians are between both sides of the 38th parallel.
straightforward from the destruction of Stalin’s Treaty were made on July 17, 1953,
statue and the release of political ending the war. Both contenders for
prisoners. Andras Hegedus was replaced by Imre control of the Korean peninsula remain
Nagy due to the popular command of the separated by the 2-mile demilitarized
Hungarians. zone.

On October 28th, Soviet troops had withdrawn


entirely. A new reform from Nagy quickly arose
such as free elections and the ending of the
secret police in Hungary.
NOVEMBER 3, 1956 VOL. 29

Vietnam, located on the West side of


Thailand, next to Laos and Cambodia,
was in a control of French from 1887,
had recently declared their
independence in 1954, following the
dramatic French military losses at Dien
Bien Phu. Vietnamese revolutionary Ho
Chi Minh successfully securde the
freedom of Vietnamese once again. The
loss of Northern Vietnam previously
concerned the US, which had supported
French and the anti-communists in Dien
Bien Phu. The previous event could be
considerable as the first Indochina war
between French Union and Vietnam
communist revolutionaries. FRENCH OCCUPATION OF VIETNAM Photo By Phillips Smith

“I cannot contact my sister in Vietnam currently, I tried to Coca-Cola ... Makes


reach out to her to tell her about the government’s latest
logistic evacuation,” said Somjing,35, has a sister in Southern Good Things Taste
Vietnam. Better.
The upcoming war of Vietnam presently is The United States and Britain’s failed
a concern to major countries, such as the promise of the reconstruction of the Aswan
US, the People’s Republic of China, and the High Dam in Egypt constructed a great
Soviet Union. The Soviet Union are the concern, majorly back toward the Great
Allies Power, where the US and the Britain and France. The decision striked by
western powers are against. the current president of Egypt, President
Gamal Abdel Nasser, to nationalize the Suez
“Proxy Wars,” are what critics are calling Canal last July. This invasion of Israel
the current situation in Vietnam. The occured seven days ago. Israel armies
superpowers are fighting in wars, invaded into the border of Egypt,
indirectly, in countries that are not commencing the Suez Crisis.
involving themselves. The proxy wars are
the result of the Cold War, the tensions The Suez Canal was previously owned by the
between the superpowers, involving many Suez Canal Company, which Britain and
transitions of weapons and new France was the majorly held since 1869. The
technologies, and also the spreading of Suez Canal, a waterway connecting the
communism, which the idea of it is driven Mediterranean sea and Red seas, is the
by Stalin and Lenin. shortest route between Europe to India, and
Pacific Ocean, the current estimation of the

Suez Crisis transits per year is over 300,000. Nasser’s


declaration on nationalizing the Suez Canal

Threatens to acquire their own profit for the funding


of Aswan High Dam arissed on July 26,
1956. The announcement upsetted and
Thai Economy caused elevated political tension between
Egypt and many countries.
Thai government are currently concerned
about the situation in Egypt due to the Britain and France later joined the war two
hardship and more funding of trade and days later. The cooperation of Israel, Britain,
exchange of goods with the European and French resulted indirect damaged
countries. The result of the permanent relationship of the United States and the
nationalizing canal will cause in higher tax Soviet Union. The United Nations formally
of product that is shipped through the notified a resolution for the cease-fire.
canal, wholly. Economists are predicting
for the further effects of the Suez Canal to
the Thai economy.

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