Word: partnership
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Dates: during 1950-1959
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...Partnership. "We have partnership. Modern developments in the field of communications have drawn nations physically together so that, as never before, what concerns one concerns many. It was always wrong to operate on the basis of 'each for himself and the devil take the hindmost.' Now it is also stupid. The United States now has partnership association for security with 44 nations. The result is to create a measure of security which no one, not even the strongest, could achieve on a purely national basis...
Dick Neuberger, a highly vocal anti-partnership partisan, was spoiling to get a Republican on the debating platform, when Cattleman Sam Coon bravely accepted the challenge to defend his bill in public. Said Coon: "I've never run away from a fight in my life when I've knowed I was right, and I'm right now, so here...
From the beginning of his Administration, President Eisenhower has favored a decrease in the huge financial responsibilities taken on by the Federal Government under the New Deal. His theory: U.S. prosperity is better served by local enterprise than by federal expansion. "Partnership" in water-resources development is one facet of the theory. The Administration argues that local power companies (public and private) should share costs and profits, cutting federal investment to costs beyond the reach of local enterprisers. Opponents say major projects should be wholly financed by the Government for "all the people...
Last week in Oregon, where partisanship has veiled the partnership program in obscurity, the issue came to life in a series of ten lively debates up and down the state between Democratic Senator Richard Neuberger and Republican Representative Sam Coon. Proposition: "The John Day* bill (introduced in the House last spring by Coon) is in the public interest...
...Swallow? A debatable solution is Sam Coon's John Day bill, which proposes the most elaborate partnership deal so far. Three local private companies would pay $273 million for the power-producing features of a $310 million dam across the Columbia River, in return get priority on its output for 50 years. The Government would build John Day Dam, own it forever and pay $37 million for navigation and flood-control features, that return no profit. John Day would have a capacity of 1,105,000 kilowatts of power (twice the potential of Bonneville Dam), permit slackwater commercial navigation...