Word: panama
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Dates: during 1970-1979
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...doled out his share of misrepresentation and, in the case of aspects of his role in stopping the initial congressional study of Watergate, silence. Carter's elusiveness is indeed unsettling, as are his conservative stands on several domestic and foreign policy questions such as balanced budgets, gun control, the Panama Canal and detente...
Many exasperated humorists still find that the primary also-rans offered them richer fare than the winners. Ronald Reagan captured the Texas primary, concluded Mark Russell, because he promised to extend the state's borders southward to Panama and install an exact-change lane in the canal. (Reagan's Panama hat is now worn by California Senatorial Candidate S.I. Hayakawa, who insists: "We should keep the canal. We stole it fair and square.") Chevy Chase on NBC's Saturday Night rather sickly reported that George Wallace, "aiming to set the record straight" about his physical qualifications...
...daily operating cost on a 90,000-dead-weight-ton U.S. ship is $14,300, v. $10,800 for a Norwegian and $9,700 for some Liberian-flag ships. Over the years, dozens of American shipowners have switched their colors to the so-called flags of convenience, notably Panama and Liberia, whose regulations allow owners to pay lower wages and require fewer costly safety measures. The result has been a long, steep decline in the U.S. merchant fleet; from its position of undisputed No. 1 in 1945, it has plummeted to No. 10, behind even Italy, France and Japan. Today...
Carter's hardline, almost Reaganite position on the Panama Canal shocked many liberals. Said he: "I would never give up complete control or practical control of the Panama Canal Zone." He would be willing to "share more fully the responsibilities" for the canal with Panama and he might "reduce to some degree our military emplacements" in the zone. Thus Carter seemed to rule out eventually turning over the canal to Panama, the goal toward which the Ford Administration's negotiations are aimed...
...these options could be ready by the time Prudhoe Bay crude starts to flow. Although it would add to transportation costs, and presumably to consumer fuel bills as well, Sohio can temporarily ship part of the surplus-perhaps 200,000 bbl. daily-on U.S.-owned tankers, through the Panama Canal and on to the Midwest...