Word: projects
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Dates: during 1950-1959
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...Careful U.S. study of Kishi's plan for a U.S.-financed Southeast Asia Development Fund, which would draw its raw materials from the free Asian countries and its technicians and capital goods from Japan-a project which would make Japan the political and economic leader of free Asia...
...Office of Defense Mobilization decision to grant Idaho Power a multimillion-dollar fast write-off tax break on the Snake River project (TIME, May 13) started the issue sizzling again. Encouraged, Northern Democrats in the Senate revived their Hells Canyon bill, although the federal dam it called for would flood Idaho Power's three dam sites...
...long-delayed $600 million hydroelectric complex near Niagara Falls, the Federal Power Commission refused to consider the application, claimed that it had no jurisdiction. Reason: the U.S. Senate, in ratifying the 1950 U.S.-Canadian treaty on Niagara River water development rights, had tacked on a "reservation" rider forbidding any project-building not "specifically authorized by Act of Congress...
...Outs. Motto in mind, Dick Lee unveiled last week plans for an even bigger facelift: a mammoth $85 million, five-year downtown project drastically upgrading 96 blighted acres off New Haven's historic Green. Private investors, including Manhattan Real-Estate Broker Roger Stevens (whose past deals included the purchase of the Empire State Building), will replace century-old structures with a glistening, 18-story hotel-office building, new retail stores and office space. The Federal Government has earmarked $39 million for land purchases and clearance. Out of the city funds will come $7,000,000 for parking facilities...
...only a warmup for the greatest road-building challenge in U.S. history: a vast, 16-year highway-building program that will crisscross the nation with a 41,000-mile interstate superhighway network,* plus thousands of miles of state and local roads. The program will be the largest public-works project in history, dwarfing the construction of the Roman road system and the Great Wall of China. The interstate network will reach into every corner of the U.S.-75% of it over new routes-to link 42 state capitals and 90% of all cities with more than 50,000 population...