Word: seaway
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Dates: during 1960-1969
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...Council of Economic Advisers. Thus the Commerce Department's official dominion is slight-and it became even slighter when Johnson last fall created an autonomous Department of Transportation, which stripped Commerce of such major bureaus as the Under Secretaryship of Transportation, Public Roads and the St. Lawrence Seaway Development Corporation...
This question of the Authority's impact is perhaps the single most sig- nificant factor for the future of the port. There were, of course, unavoidable external elements which greatly hampered the port's prosperity during this period. Completion of the St. Lawrence Seaway provided new competition. A long about with the International Longshoremen's Association was at last somewhat abated, if not resolved, with a new contract. Railroad problems in the '60's caused the Authority to become embroiled in the now-famous rail rate parity case, which had previously enabled Philadelphia, Norfolk, and Baltimore to receive more advantageous...
Wonder of the World. The need for a new canal is growing desperate. In the 50 years since U.S. Army engineers carved the present seaway out of the Panamanian jungle, the canal has proved one of the wonders of the world. Today some 50% of Japan's exports to the West pass through the canal; such South American nations as Ecuador, Peru and Chile depend on it for between 75% and 90% of their total imports and exports. But ships have slowly outgrown the intricate network of three lock systems that carry them across the hump of the isthmus...
...grain that Canada still has to deliver to Russia. The New York-headquartered S.I.U., with some 70,000 members and A.F.L.-C.I.O. backing in the dispute, pledged "absolute support for Hal Banks," hinted at the possibility of a "massive blockade" of Canadian shipping in U.S. lake ports when the seaway shipping season opens April 10. Said a worried Canadian official: "We expect all hell to break loose...
...system stretches 1,300 miles from Montreal to Duluth and links 22 Great Lake ports with the Atlantic, but it has failed to attract the expected commercial traffic. The Seaway's troubles stem from a combination of engineering shortcomings and poor financial planning. For one thing, the Seaway is too shallow to accommodate large freighters. Most of its ports are ill-equipped to load and unload ships, and passage through the 15 sets of locks is tedious and slow; the average ship takes ten days to travel from Chicago to Montreal. Because the waterways freeze over for four months...