Word: projects
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Dates: during 1950-1959
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First off, he decided that the $1.7 billion pork-barrel rivers and harbors bill did not measure up to being reasonable, even though Congress had tried to pretend that it was an important antirecession remedy. Among the 154 projects in the barrelful, 28 costing $350 million looked like fat bacon. Example: one section of the bill laid out $269,000 to be spent on the lower Potomac River near Hull Creek, Va. to build a harbor for 41 small boats and 42 skiffs. Army engineers tagged the job uneconomical; the Virginia state government, by failing to promise matching funds...
...Vanguard satellite that was launched on March 17 has become a semi-permanent member of the solar system. Dr. John P. Hagen, head of Project Vanguard, announced last week that Vanguard I is on a "very stable orbit," rising as high as 2,500 miles and never approaching closer to the earth than 404 miles...
I.D.A. loans would be made in various local currencies. For example, should India wish to borrow $100 million for an irrigation project, the I.D.A. could lend pesetas to buy Spanish concrete, guilders to pay a Dutch engineering firm, and rupees to pay the local labor. The loan would be repaid (at two per cent over forty years) in Indian rupees; an additional virtue of this system is that the Indian currency with which India repays the loan will later be used to purchase Indian products...
...addition to the Quincy project, the strike had halted progress on the Cambridge Electron Accelerator, the International Legal Studies Center, and the Harvard-Yenching Institute on Divinity...
Cecil A. Roberts, superintendent of Buildings and Grounds, reported earlier in the week that the Legal Studies Center was the only project not completely shut down. Roberts said that he felt that an end to the strike this week would make it possible for lost time to be made up on all projects...