Word: dam
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Dates: during 1950-1959
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...case in point was the Aswan Dam, which would harness the Nile, provide the parched areas of Egypt with the largest man-made reservoir in the world (and, in fact, do as much for the Egyptian economy as all public works since 1900 have done for the U.S. economy). Highlights of the briefing...
...authority to promise Egypt that a share of foreign-aid budgets (probably $15 million to $20 million a year) can go to the Aswan project for the 10-to-15-year period of construction. Says the Administration's spokesman: "You can't build an eighth of a dam or half a dam and add to it later...
...will probably put up some $200 million, most of which it will try to pass along to private capital. But the bank cannot commit this kind of money unless it is sure that the U.S. (plus Britain) will put up the remainder and stick with the project until the dam is completed...
China. Elsewhere, the range is even narrower. Students may spend two or three years in studying the engineering of one particular dam or the irrigation problems of one particular area...
...Horses once owned by the late sportsman. William Woodward Jr., continued to sell for astonishing prices. After buying 39 of the Belair Stud thoroughbreds for $410,000, Miss Mildred Woolwine and her partners resold the lot at Keeneland, Ky. for a 125% profit. With Segula, dam of Nashua, bringing a record auction price for a U.S. broodmare ($126,000), Kentucky Horsewoman Woolwine and her friends collected a total of $924,100. Nashua's sire, Nasrullah, also proved that he was worth a pretty penny. A syndicate headed by Kentucky's Thoroughbred Breeder A. B. ("Bull") Hancock paid...