Word: canal
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...over 70, he plays this tune quite often. Most of the guests get to hear it pretty frequently too. "You say goodbye a lot around here these days," says Dick Morgan, who is being promoted to take over Cotton's job as the director of one of the Panama Canal Commission's three divisions. "Sometimes I worry about who is going to be left to come to my retirement...
Since former President Jimmy Carter signed treaties with Panama in 1977 that provide for the canal to be handed over in 1999, Americans have been leaving at a steady clip. In 1979, when the treaties went into effect, there were 2,455 Americans on a payroll that had already been cut sharply by the transfer of schools and other responsibilities to the U.S. Army. Now there are fewer than 1,200 U.S. citizens employed by the commission. This year, and every year until the handover, about 100 more will pack their bags. By the year 2000 only a tiny handful...
Indeed, Government involvement grew slowly at first because most trade was carried out within individual states and therefore overseen by local and state officials. But westward expansion and the development of an extensive railroad and canal system spurred interstate markets. In 1887 Congress created the Interstate Commerce Commission, the first major federal business regulatory agency. The commission was established in part to combat price gouging by the railroads...
Under Thatcher the country has asserted itself more on the world stage than at any other time since the 1956 loss of the Suez Canal, an event widely regarded as the end of Britain's days as a major world power. She presided over the 1982 victory against Argentina in the Falklands war, and despite domestic opposition, pressed ahead with the modernization of Britain's aging Polaris nuclear submarine fleet, accepted U.S. cruise missiles on British soil and last year allowed U.S. F-111s to strike Libya from British air bases. Her visit to Moscow in April, during which...
...statement that he was "suffering from a serious state of paranoia." While Noriega made no move to arrest his former colleague, President Eric Arturo Delvalle blamed the colonel and unidentified "external forces" for the rioting. Officials in Panama City have recently charged that U.S. opponents of the 1979 Panama Canal treaties are trying to undermine the government...