Word: dam
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Dates: during 1950-1959
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...Pacific Northwest, which is crying for more cheap electricity, a big bloc of voters believes that only the Government can afford the big dams the region wants. In the 1956 elections, the Republicans took a beating because of their partnership policy and stress on private power. Yet last week the Northwest was up in arms over a Federal Power Commission recommendation for a huge dam that probably only the Government could build. Reason: it would kill the fish Northwesterners love as much as kilowatts...
...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...
...have only to scoop canals to bring water flowing in from the Blue Nile. Already, more than 25% of the Gezira tract is blooming-a sort of California Imperial Valley development in the midst of the parched Sudanese plains. A Sudanese proposal to expand the Gezira development by another dam on the Blue Nile at Roseires (see map) has met with violent opposition by Egypt. For years Egypt and the Sudan have worked under an agreement that gives Egypt twelve-thirteenths of the Nile's flow, the Sudan the remainder. Egypt completely controls the Jebel Auliya Dam 450 miles...
...revenue side it will recommend continued excise taxes, will gamble that a business upswing by midyear will guarantee a higher level of tax revenue than in 1958. On the expense side, the Budget Bureau will scissor administrative non-defense spending; e.g., the Interior Department will start no new dam or reclamation projects (with the possible exception of the $400 million-plus Colorado River storage dam at Glen Canyon, Ariz.); nonessential defense spending for "chrome trimmed" military construction will...
SYRIA. The Soviet aid agreement signed by the Syrians with such fanfare last October ostensibly commits the U.S.S.R. to supply in credits and technical aid about one-third the estimated $600 million cost of 19 specific development projects (among them: oil exploration, port expansion, construction of a dam across the Euphrates). But the agreement also specifies that a separate accord must be negotiated on each project before actual work is begun. The result is that Russia is not legally bound to spend a single ruble on Syrian development. And, in fact, the agreement has not yet netted Syria a single...