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More Credibility. Faced with waiting another four or five years before the state government can begin to receive oil royalties and taxes, Alaska's Democratic Governor William Egan recently made a startling proposal: that the state of Alaska should build and own the pipeline itself by raising the necessary $1.7 billion through the sale of bonds. Egan told TIME Correspondent Karsten Prager last week: "I simply don't see how we can consider such a huge movement of the people's oil through Alaska without making sure that the profits that arise from the transport...

Author: /time Magazine | Title: ALASKA: Dealing with a Northern Sheik | 11/29/1971 | See Source »

...Egan's view, a state-owned pipeline system would enable Alaska to earn an additional $100 million a year, and might even make the whole idea of a pipeline more acceptable to environmentalists. "It could well be," he said, "that the state has more credibility with the groups that oppose the pipeline...

Author: /time Magazine | Title: ALASKA: Dealing with a Northern Sheik | 11/29/1971 | See Source »

...state government has ever proposed to run such a project before, and a few of the stunned oilmen reacted as if they were dealing with the pressure tactics of a Middle Eastern sheik. A Humble Oil Co. spokesman charged that Egan's proposal was "particularly disturbing because it contradicts the basis of our competitive enterprise system," and the chairman of Sohio, Charles Spahr, warned that the plan had "cast a dark cloud over the future of private enterprise in Alaska." Last week, after meeting with Governor Egan in Juneau, top executives of the seven companies that own Alyeska agreed...

Author: /time Magazine | Title: ALASKA: Dealing with a Northern Sheik | 11/29/1971 | See Source »

Fallout in Canada. Reaction elsewhere was less businesslike. Alaska's Governor William Egan declared that responsibility for any harm done to the Aleutian Islands (which with Japan and California are situated on the Circum-Pacific Girdle of Fire) should be borne by the AEC and the President. The Canadian government expressed a "deep sense of disquiet" and, like Egan, held the Administration accountable for any aftereffects that might be caused by the explosion. Taking a more direct approach, a Canadian group chartered a minesweeper, Greenpeace, Too, and sailed from Vancouver for Amchitka, where they intended to anchor outside...

Author: /time Magazine | Title: Environment: Green Light on Cannikin | 11/8/1971 | See Source »

...play the cops are so well cast that they seem to have grown up next door to the precinct house. Gene Hackman plays Popeye Doyle, who likes to ogle girls in boots, break heads and bust blacks; Roy Scheider is his dogged, if only slightly less compulsive, assistant. Eddie Egan plays their boss with bullish authenticity-as well he might since he is an ex-cop who figured in the actual incident on which the movie was based...

Author: /time Magazine | Title: Cinema: Chasing Frog 1 | 11/1/1971 | See Source »

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