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...burden, staggering under the bales, the cartons, the loadings of the vessel. I am pleased to watch them revolt, screaming, shaking fists at the forewoman who commands them. But next morning I am passing through the stark wonder of the gorges themselves and come to Gezhou Ba, the great dam that is the first to harness the Yangtze since nature began melting the snows of the Tibetan highlands to carve a passage to the ocean. All of Gezhou Dam, its machinery, its turbines, locks and spillways, transformers, are of Chinese design and manufacture: advanced technology in any country...

Author: /time Magazine | Title: China: Burnout of a Revolution | 9/26/1983 | See Source »

...shift at Harvard apparently reflects a national trend of the `80s,the Agency for International Development (AID), the federal government's for foreign assistance, has grown with capital development projects--such is said, dam and hospital building. Instead, in his increasingly favored training programs in areas such as business management as well as grants that bring foreign students to the U.S. to study, says Walter A. Grady, an AID spokesman. "We've shied away from capital developments because we've learned the lesson that they don't really benefit the poor...

Author: By Mary Humes, | Title: Spreading the Word | 9/12/1983 | See Source »

...conducted in Mexico in the fall of 1980 which was a condensed version of the K-School's "Workshop" course on the fundamentals of management--memo writing and cost-benefit analysis. A Kennedy School professor was working from a case study on the cost and benefits of building a dam, and explaining how to weigh the cost of finding alternative accomodations for Indians in the proposed site against the benefits of the improved power the dam would provide. A Marxist member of the Mexican faculty broke in and criticized the technique as being too capitalistic and rebuked the K-School...

Author: By Mary Humes, | Title: Spreading the Word | 9/12/1983 | See Source »

...want to make extra money. I just didn't want to lose what I had. I'm not a rich man." For Theo Fullmer, 70, and his wife Bettie, 63, of Rexburg, Idaho, the Whoops default was their second disaster. In 1976 the Teton River Dam collapse in Idaho destroyed a motel they had owned for nearly 13 years. After the U.S. Government paid them about $100,000 for their loss, they invested $80,000 of it in Nos. 4 and 5 bonds. Says Bettie, who now works as a cook at the local high school: "You wouldn...

Author: /time Magazine | Title: Whoops! A $2 Billion Blunder: Washington Public Power Supply System | 8/8/1983 | See Source »

...1970s, huge new deposits of iron, manganese, nickel, copper, bauxite and gold have been discovered deep in the Amazon basin. To exploit this mineral wealth, the Brazilians have launched a mammoth development scheme, called the Carajas Project, that includes dozens of mines, a 550-mile railroad and a giant dam on an arm of the Amazon, all to be completed by 1990. The cost will be staggering: $61 billion. But the eventual income from the project, estimated at $14.6 billion annually, may be worth the initial expense...

Author: /time Magazine | Title: Rainy Days in Brazil | 7/25/1983 | See Source »

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