Word: canalizes
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Dates: during 1930-1939
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...office, to Andrew Mellon who presented the U. S. with $19,000,000 worth of Old Masters (see p. 41), to the diplomats of 50 nations who came to shake his hand at the first state reception of the season, even to the members of the Panama Canal Tolls Commission who came to talk shop with him. But most of all he showed his New Year form to newshawks who came to his press conference. He was bursting with things to tell, and spoke with the same ringing voice which correspondents heard at the press conference that followed the Supreme...
...United States." His paintings and sculpture, said Mr. Mellon, included valuable purchases from Leningrad's Hermitage Museum, a fact he had long denied. There was also most of the peerless collection of Renaissance statuary collected by the late Gustave Dreyfus, a Frenchman who profited from the Suez Canal only less spectacularly than Mr. Mellon has from his banks, railroads, oil wells and aluminum diggings. Last item listed by Mr. Mellon was the great collection of U. S. historical portraits assembled by the late porcelain dealer. Thomas B. Clarke, and long held by Manhattan's Knoedler...
...19th Century matured, seagoing boats outgrew the Hudson. Railroads killed the canal. But since Albany sits at the junction of the Hudson and Mohawk Valleys, it found itself in command of the low-level land passage through the Atlantic-Coastal ranges, became an important rail centre. Nevertheless, Albany still looked longingly down the Hudson. Valley toward the sea. After a generation of civic agitation, in 1925 Congress authorized dredging the Hudson to permit ocean-going vessels to reach Albany. In the next seven years the War Department spent $6,000,000 scooping out a 27-ft. channel. Albany spent...
...world responded. In 1933, 161 deep-sea ships cleared Albany. Last year 255 ships dropped down the river to the sea, 625 barges plied up & down the deepened and renovated canal. Total volume of Albany's 1935 harbor traffic: 500,000 tons, chiefly grain, oil, wood pulp, canned goods. About 90% of the world's ships can use Albany's harbor. Latest figures of the U. S. Shipping Board list Albany as eleventh in foreign imports, 21st in total foreign trade...
...last week was an International Joint Commission of six appointed by Canada and the U. S. to discuss the feasibility of a passage for deep-sea vessels from Albany to the St. Lawrence River. This passage, first projected in 1902, would follow the Hudson as far as the Champlain Canal, thence through Lake Champlain to the Richelieu River, which would be dredged to the St. Lawrence. Behind this scheme, which would cost some $150,000,000 last week were ranged Albany civic societies and such groups as the New England slate industry. Against it stood railroads and Canadian cities along...