Word: seaway
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Dates: during 1950-1959
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Every U.S. President since Harding has urged construction of a St. Lawrence Seaway to link the Great Lakes to the Atlantic and open the Midwest to world commerce. But railroads, private power companies, Atlantic ports and Gulf Coast ports have fought the idea with bitterness since its inception. Seaway plans, furthermore, have included a vast public hydroelectric project, which was not only unpopular in many quarters in the past, but brought the cost of construction close to half a billion dollars. Congress has turned down one seaway proposal after another...
...Want a Highway?" The Ungava project involved Humphrey in one of his rare appearances before a congressional committee, to testify in favor of the St. Lawrence Seaway. He admitted he had once been against the seaway and now favored it. "It's perfectly simple gentlemen," he said. "You've got some material up there that you need down here. The only question is do you want a highway between the points...
...producer of soft coal in the U.S. A Hanna subsidiary, the Hanna Coal and Ore Corp., is currently the leading force in a $225 million project to tap the 400 million-ton ore deposit in Labrador. His Labrador interests have made Humphrey an enthusiastic proponent of the St. Lawrence Seaway. Total assets of the M. A. Hanna Co.: $121 million. Earnings in 1951: $14 million. Industrialists give George Humphrey the major credit for the company's rise to eminence. Said one of his associates: "If you dropped Humphrey in the middle of the Sahara, he'd come...
Public Works. Michigan's George A. Dondero, a longtime friend of the St. Lawrence Seaway plan...
...confused with the related St. Lawrence Seaway project, to bring ocean shipping to the Great Lakes. The power project is a preliminary step toward the seaway, which Canada will build alone...