Word: dam
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...doing, Dulles indicated to everyone around the board, neutrals, allies and Communists alike, that the U.S. remains unawed by bold Communist boasts of matching the West in economic competition-in particular in the financing and building of the high dam on the Nile. And if neutrals want to dart and barter between the two, this will be a kind of "fearful risk" that they will have to worry about. They can no longer hope to seize the best of both worlds...
Dangling Offer. Seven months ago the U.S. offered Egypt a preliminary $56 million loan to start construction at Aswan. Aided by Britain ($14 million) and the World Bank ($200 million), the U.S. was willing to supply the major part of the capital to finish the mighty three-mile dam. But the offer was left dangling. Nasser, who had mortgaged $200 million worth of cotton not yet planted as barter for Czechoslovakian weapons, occupied himself by recognizing Red China and by planning a trip to Moscow. And when Soviet Minister Dmitri Shepilov visited Cairo last month, Nasser's spokesman whispered...
Such double-trading drew no cry of outrage from the U.S.-and no rush to offer still better terms. Early last week, in the face of this resounding U.S. silence, Egypt's "diplomatic sources" announced that Nasser had decided to let the West build his dam after all. Chubby Ambassador Ahmed Hussein rushed from Cairo to Washington to consummate the deal, emerged sadly from a 50-minute interview with Dulles...
...other side of the Capitol, the Senate moved steadily toward adjournment, whooping through 134 bills (nearly all of them minor) in one two-hour period. The Senate's big items concerned two politically loaded pieces of legislation. On one, the proposal for a federal dam in Hell's Canyon on the Idaho-Oregon border, the Democratic leadership took a whipping from the Administration. On the other, social-security expansion, the Democrats passed an Administration-opposed bill that will be useful this fall. In all, the tortoise was doing nicely...
...Senate chamber last week rang with a familiar Democratic cry: "Giveaway!" Democratic leaders were struggling to override the Federal Power Commission's decision (TIME, Aug. 15, 1955) to permit the Idaho Power Co. to build three small dams in the Hell's Canyon area of the Snake River. Before the Senate was a Democrat-sponsored bill to 1) order the private development halted (Idaho Power has already begun work at Brownlee, plans to spend $175 million), and 2) build a single, multipurpose, $308 million federal dam in Hell's Canyon. Main reason for the all-out Democratic...