Word: aswan
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...badly we need a leader of Teddy Roosevelt's plain, old-fashioned guts today. Instead, we are stuck with pussyfooting little politicians, afraid of the voters' shadows. Would T.R. ever have sanctioned the ruinous farm surplus system, the Korean disaster, the betrayal of Hungary, the Aswan Dam blunder...
...often before, e.g., when he nationalized the Suez Canal after the U.S. rebuffed his bid for Aswan Dam aid, Nasser had counterpunched. But it was too early to tell whether this time he had counterpunched at the Western sponsors of the Baghdad Pact or the Soviet sponsors of subversion in Syria-or both...
...inside Sudanese territory, keeps careful watch on the Nile's flow at Malakal and Juba. But the Sudanese, increasingly annoyed at Egypt's interference, may decide to go ahead at Roseires anyway. And they hold one long-term trump card: refusal to let Egypt undertake the proposed Aswan High Dam unless the Sudan gets more Nile water upstream...
...first time, he spelled out details of how Egypt hoped to build the Aswan High Dam on a do-it-yourself basis, e.g., drawing on Suez Canal revenues (which gave him foreign exchange he did not have before) for the $172 million needed before 1962 for the project's scaled-down first phase...
...think that question could be answered in the negative. There were, of course, a number of reasons which dictated our declining to go ahead with the Aswan proposal. There was, perhaps first of all and most imperative, the fact that the Appropriations Committee of the Senate had unanimously passed a resolution providing that none of the 1957 funds could be used for the Aswan Dam. There was the fact that we had come to the feeling in our own mind that it was very dubious whether a project of this magnitude could be carried through with mutual advantage . . . Then there...