Word: seaway
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Dates: during 1950-1959
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...Canadian and U.S. committees assigned to recommend a toll policy for the St. Lawrence Seaway last week plumped for low tolls aimed at attracting a high volume of traffic to the new deepwater channels when they open next year. Hearings on the toll rates will open in Ottawa and Washington in August; if both the U.S. and Canadian governments approve the rates as recommended, it will usually cost shipowners less in tolls to move their vessels the 369 miles from Montreal to Lake Erie than to go through the Panama or Suez Canals...
...trying to persuade businessmen to open plants in Detroit, the newborn committee can point to some valuable assets, notably a pool of skilled labor and a waterside location with access to the Atlantic via the St. Lawrence Seaway. Perhaps the only additional asset that Detroit needs is a renaissance of the spirit expressed in the city's double-barreled motto, adopted after a fire nearly wiped out the little town of Detroit in 1805: Speramus meliora. Resurget cineribus-"We hope for better things. It will rise from the ashes...
...broadened his reach by putting up more than $1,000,000 to buy the 52-year-old Economist, a bustling biweekly whose Southtown and Southeast editions blanket 22% of metropolitan Chicago-including the Lake Calumet area, where Chicago is building a vast new industrial complex on the St. Lawrence Seaway. The ad-fat Economist (circ. 152,000), which has more, than 100 staffers, also has a battling tradition. Example: crying "land steal," it has vociferously fought grandiose plans for a convention palace on the lake front, as decreed long ago by the late Colonel Bertie McCormick and still pushed...
...their own features, mold editorial policies to suit their own communities. Boasted Publisher Gannett: "Nothing ever goes out of my office with a 'must' on it." Example: though Gannett and his flagship paper, Rochester's evening Times-Union (circ. 128,147), zealously promoted the St. Lawrence Seaway, his Albany Knickerbocker News (circ. 53,870) doggedly fought the project as an economic threat to Albany...
...Kennedy became the first Massachusetts Senator or Representative to vote for the St. Lawrence Seaway, for decades considered a deadly threat to the state's ports. His reasoning: if necessary, Canada was going ahead alone on the seaway and, that being the case, the U.S. might as well share in the general benefits. Some New England papers promptly dubbed Kennedy "the Suicide Senator...