Word: damming
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Dates: during 1960-1969
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...chief form of violence. Much of the Klan's terrorism is handled by goon squads with such picturesque names as "The Holy Terrors" and "The Secret Six." Such groups were held responsible for the mutilation and murder of three civil rights workers who were found in an earthen dam in Mississippi last June, for the killing of Washington, D.C., Educator Lemuel Penn in Georgia last July, and for the death of Mrs. Viola Liuzzo in Selma last month...
Although his government is broke, young King Hassan II has managed-with French and U.S. aid-to start a sugar refinery at Sidi Slimane, a dam on the Moulouya River, a terraced agricultural complex in the rough Rif country, and new tourist hotels along the coast. More important, Hassan has pushed his country toward democracy, with free elections and a freewheeling legislature. Is all this really enough? No, suggested the mobs that swept down the labyrinthine alleys of Casablanca with the violence of the harmattan, Morocco's fierce desert wind...
...Cobre, a tiny copper town run by a subsidiary of Baron Guy de Rothschild's Société Minière et Métallurgique de Penarroya. For 35 years the mineowners had channeled their slag into a reservoir behind a 230-ft. earth dam. Just below the dam were the wooden huts of the town's 400 miners. When the tremors came, the dam gave way, and the thick, muddy waste exploded out across the valley, burying 200 people in seconds. One woman who saw it coming managed to scramble up a slope in time...
Rising on Risks. Next week Edgar Kaiser will jet from his headquarters in Oakland, Calif., to Venezuela, where Kaiser engineers head a consortium of companies from five nations that is building the $137 million Guri Dam. Meanwhile, Kaiser Aluminum is busy putting up new plants in West Berlin, Turkey and Japan. Kaiser Steel has just closed the largest trade deal in Australia's history: with a local partner, it will sell $600 million worth of iron ore to Japan over the next 15 years. Kaiser Cement & Gypsum this month opened a mill in Florida, and later this year will...
Such a philosophy obviously has built-in risks. Kaiser has taken on an extraordinarily heavy debt load, which both limits the payment of cash dividends and makes the company vulnerable to any severe recession in the future. Last year his engineers lost $16 million, largely because a Kaiser dam in Greece was washed out by floods. A dike-building project in Israel was damaged when the Dead Sea overflowed-for the first time since the days of Moses. Other businessmen often wonder why Kaiser is deeply committed in such unpredictable areas as Latin America (where Kaiser-Willys is the continent...