Word: dams
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Dates: during 1960-1969
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Kaiser's achievements were famous. Until World War II he had mainly been a road, bridge and dam builder. But he decided to make ships because the U.S. needed vessels in a hurry. "I'm a builder," Kaiser explained, "and if you call yourself a builder, you ought to be able to build anything." Using prefabricated parts and assembly-line techniques in an industry that had never known either, Kaiser's seven shipyards built 1,490 cargo ships and 50 baby aircraft carriers before the war was over. This amounted to one-third of all U.S. ships...
...Cuba, on the contract that Kaiser always maintained had established his future, his company laid 200 miles of road and built 500 bridges in 41 years instead of the scheduled seven. Later, in what was then a novel concept, Kaiser teamed with five other contracting companies to build Hoover Dam in four years instead of six. The syndicate moved on to work on Bonneville, Shasta and Grand Coulee dams and the piers for the San Francisco Bay Bridge. By the time World War II came and Kaiser went into shipbuilding, he could look back on nearly $400 million worth...
There was little debate on the largest public-works bill since 1963, and less opposition. Small wonder. Every state will get a piece of the action-a dam, a federal office building, a harbor-improvement project or some other goody that a Congressman can mention to his constituents. "Somebody ought to oppose the pork barrel," cried New York Republican Theodore Kupferman. Aside from Kupferman, whose Manhattan silk-stocking district got nothing...
...Paraná, third biggest river in South America after the Amazon and the Orinoco, is being harnessed by two dams costing an estimated $700 million. The first power plant to hum will be at Jupiá, where next June three generators will go into action. After that, others will be added every year until, by 1972, 14 are producing 100,000 kw. each. Thirty-four miles upstream, work has begun on the Ilha Solteira Dam, whose 20 turbines will produce 160,000 kw. apiece when they become fully operative...
Revenue & Relief. Recently, at a ceremony on the Jupiá dam site, Brazilian President Arthur da Costa e Silva (TIME cover, April 21) was presented with a loan of $34 million from the Inter-American Development Bank. But 70% of the Urubupungá project was home financed. In fact, a reason for building two dams instead of one was to keep finances within reach: getting Jupiá into production fast will relieve the power shortage even while it produces revenue to build the second dam...