Word: consortium
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Dates: during 1960-1969
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Conceived in 1952 by Newfoundland Premier Joey Smallwood, the Churchill Falls project is named for the late Sir Winston, who quickly gave it his blessing as a "great imperial concept." Smallwood also sold Britain's N. M. Roth schild & Sons on heading a consortium, British Newfoundland Corp., Ltd., to develop it. For the five-year construction job, Brinco expects to hire 5,000 men, fly in 600 million lbs. of equipment and supplies. For a starter, it has already bridged the river above the falls, and built an access road to a townsite and an airfield 10 miles away...
...Columbia River treaty, Bennett is building three massive storage dams on the Columbia that will hugely increase the hydro power that such U.S. dams as Grand Coulee can generate downstream. Half that extra power will be Bennett's, and he has already sold it to a consortium of U.S. power companies for a sum that more than pays for the dams. When Lyndon Johnson and Lester Pearson put a seal on the deal at a ceremonial inauguration at the Friendship Arch straddling the border 30 miles south of Vancouver, Johnson noted that Bennett's check for the power...
...Tennessee Supreme Court ruled that a wife cannot recover damages for the loss of her husband's sexual potency, even though the state's law permits a husband to recover for the "loss of his wife's consortium."Mrs. Howard E. Krohn of Nashville had filed a $250,000 damage suit against the makers of the drug triparanol on the ground that it had rendered her husband impotent. The court ruled that in Tennessee an irate wife is entitled to her day in court only if she has suffered a personal attack, such as slanderous gossip...
...most logical consortiums are those arranged by small schools just a few blocks apart. In Fulton, Mo., for example, little William Woods and Westminster colleges saved nearly 15% on food service costs by hiring the same caterer. They have also agreed to share libraries, an auditorium and an infirmary, and even to conduct joint fund-raising campaigns. The students, of course, think this consortium is just fine: Westminster is a men's school, and William Woods is all-girl...
Most educators are unworried by the possibility that U.S. institutes of higher learning might eventually interlock into one big nationwide university, conclude that the consortium is the key to academic survival for small liberal-arts colleges. "There is no question that we are in for a permanent era of big higher education," said Louis Benezet, president of the Claremont Graduate School and University Center. "The nice little quiet campus that talks about the eternal verities is going to be passed over...