Word: damse
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Since 1950, with the help of foreign experts (a U.S. and a British economist are full members of the board), Iraq's unique agency has built, started or planned 16 dams between the snow-veined mountains of Kurdistan and the steaming shores of the Persian Gulf. It has completed...
Purging the Planners. The Development Board has made its share of mistakes. It failed to train enough people to staff the new schools, hospitals, factories. From a political point of view, it was too slow to add what experts call "impact" projects, i.e., works that hungry, impoverished Iraqis can see...
When Defense Mobilizer Gordon Gray granted Idaho Power Co. a fast tax write-off on two Snake River dams (TIME, May 13), he handed public powermen and the Democrats a political grenade. Last week Democratic Senator Estes Kefauver's antitrust and monopoly subcommittee pulled the pin.
Federal Power Commission Chairman Jerome Kuykendall also sounded unhappy about the write-off. He said that FPC licensed the dams "on the premise that financing was going to be conventional.'' Though FPC knew that Idaho Power had applied for rapid amortization four years ago, it accepted the company...
Economic Aid. The new program offers long-term aid on a loan basis to the underdeveloped countries of Asia and Africa to help provide the visible signs of economic progress that their peoples are learning to expect and demand. The method of providing capital is entirely new: creation of a...