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...will cost more than the entire original $17 million investment. Also in the works are plans for 1) Mineral King, in California's High Sierra, which, upon opening in 1976, will become one of the world's largest ski centers, and 2) Disney World, a 43-sq.-mi. vacation empire in central Florida that will be almost 170 times as big as Disneyland...
Spontaneity there was, as well as some solid thinking for the future. With a total area of 4,000,000 sq. mi. and a population of 100 million, the eleven nations would do well to establish a regional economic federation. In their discussions, the leaders agreed to work toward an abolition of trade barriers between them but recognized that before federation could become a reality, each of their separate economies would have to be considerably strengthened. Simple as that may sound, it was the most sensible decision reached by African nations in many a wrangling month...
...112th Annual Dark Blue-Light Blue crew race, on London's windswept Thames River. Forced to find a substitute boat after their No. 1 shell collided with a buoy and sank during practice, the Cambridge rowers battled the favored Dark Blues bow-to-bow for 3 mi. of the 4-mi., 374-yd. race. Then, at the last bend, Oxford Coxswain James Rogers steered straight across the Cambridge bow, forcing the Light Blues to check as Oxford pulled away...
Already, the 15 vessels of Task Force 65, the largest and most sophisticated search group in naval history, had gathered in the area. While 120 Navy divers made a shoulder-to-shoulder search along five miles of coastal water, ships equipped with ultra-sensitive sonar crisscrossed the 120-sq.-mi. search zone. But Rear Admiral William S. Guest, 50, commander of the task force, ordered three weird-looking submersibles, especially designed for deep-sea research, to pay special attention to the spot around the buoy...
...swap radio and TV shows, begin free trade in a few commodities. Headquarters for the $1 billion Asian Development Bank, aimed at financing such sinews as power, railroads and industry, is rising in Manila; the bank hopes to open by summer. Within two to four years, a 7,000-mi. all-weather Asian highway is expected to link Teheran and Singapore. A road of sorts is 96% completed now, and in the dry season, adventurous motorists can attempt the trip from Iran to Dacca in East Pakistan...