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...comprehensive plan of needed action. But the law goes further than that. For the first time, the Parliament has acted to provide the essential ingredient for rescuing Venice-$510 million over the next five years. Some of the funds will go for new aqueducts to bring fresh water from inland rivers to the cities. After the aqueducts are built, the underground pumping will stop...

Author: /time Magazine | Title: Environment: Venice Preserved | 6/11/1973 | See Source »

...lakes rise rapidly; Lake Erie is 14 inches higher than a year ago, and Lake Michigan is twelve inches higher. Last week 48-m.p.h. winds sent eight-foot waves crashing over the shores of Lake Erie in Toledo and in Monroe County, Mich. Water surged over five square miles inland, and damage along the shore line reached an estimated $32 million. Lake Michigan's 20-foot waves battered the lake shore for 40 miles, from Chicago northward to Zion. Flooding in Green Bay, Wis., forced 800 to evacuate...

Author: /time Magazine | Title: FLOODS: Winning Against Water | 4/23/1973 | See Source »

...prices should hold sales of foreign cars in the U.S. to 1.6 million this year; had there been no devaluation, the figure would have been 1.7 million. Price increases will also accelerate a decline already under way in steel imports; Derrick L. Brewster, vice president of Chicago's Inland Steel, forecasts that steel imports will fall 20% this year, to about 14 million tons. Result: about 100,000 cars bought by Americans this year will be assembled by workers in Los Angeles or Flint, Mich., rather than in Wolfsburg or Yokohama, and the steel going into those cars will...

Author: /time Magazine | Title: MONEY: The Winners and Losers from Devaluation | 2/26/1973 | See Source »

They live in the shadow of the steel mills; U.S. Steel and Republic Steel and Wisconsin Steel on 106th street and Inland Steel and Youngstown Steel and Tool. More steel is made in Chicago than in any other city in the country, and that's something to be proud of. At night the sky turns red when the mills fire up and the whole South-East side of Chicago glows red for a few minutes. If the atomic Armageddon ever comes, South-East siders will think that it is just another big fire-up. The yellow street sign dimly reads...

Author: By Daniel Swanson, | Title: Dave Rysky | 12/13/1972 | See Source »

...York City is now studying the possibilities of building a new jetport five miles out at sea. "FAA studies indicate that it would cost about $7 billion to create an airport island in the Atlantic," says Lawrence Lerner, the project's designer. "But to build a comparable airport inland would cost at least $5 billion-not counting the costs of transportation and pollution." There may be no other alternative...

Author: /time Magazine | Title: Environment: The Airport Dilemma | 11/13/1972 | See Source »

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