Word: seaway
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Dates: during 1950-1959
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...plan, which will eventually cost $700 million to $1 billion, is to divert the flow of the Yukon and other rivers, build storage dams, tunnels, penstocks and generating plants that could provide 4,300,000 horsepower of electricity, about twice what can be got from the St. Lawrence Seaway power project. All these installations, as well as the metalworking plants which would use the power, would be located in Canada...
...will be rolling down from the mines to the Seven Islands docks. Some ore will go by sea to Baltimore and Philadelphia. The rest will go in shallow-draft ships down the St. Lawrence to the steel mills of Cleveland and Pittsburgh and inland Canada. When the St. Lawrence Seaway is ready, oceangoing freighters can do all the carrying. By 1957 about 10 million tons of ore a year will be coming out of Ungava's veins, and the world's mightiest industrial nation need not worry about iron to feed its factories...
...major legislative items proposed by the Administration, two-the St. Lawrence Seaway and the tax revisions-have passed as clear-cut victories for Ike. Two other bills-Hawaiian statehood and the revisions of the Taft-Hartley law-have been blocked by Democratic action, will probably die with the current Congress. Foreign aid and the broadening of social security have passed the House in good form, with Senate approval very likely...
...Lawrence Seaway project...
...solve the human problems of our citizenry." Despite "highly publicized distractions," the program has made considerable progress on Capitol Hill. Congress has moved appropriations bills faster than usual, has supported Administration moves to cut expenditures, has enacted a road-building program, has cut excise taxes, authorized the St. Lawrence Seaway, and approved a mutual-security treaty with the Republic of Korea...