Word: seaway
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Dates: during 1970-1979
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...Louis fail, while the national average loss rate for all banks is .5%. Ghetto bankers accept those risks as inevitable if they are to do their job, but they also have difficulty building a corps of experienced middle managers and attracting capital. Richard Linyard, director of the Seaway National Bank of Chicago, wore three hats until he could find a qualified cashier and controller. Some help on the second problem is coming from white bankers: the American Bankers Association has set up a closed-end investment corporation that has raised $4.5 million in just over two years and invested...
...mountain-top hideaway in upstate New York. There a visitor could rough it while living in a guesthouse staffed by a butler and maid. A crew of woodsmen-guides was on hand to help explore the outdoors, while the less energetic could get a glimpse of the St. Lawrence Seaway from Mrs. Post's four-engine plane...
...East and Gulf coasts, preferring to give the disputants more time to work it out for themselves. Meanwhile, shippers who tried to avoid the dock mess in the U.S. by diverting their vessels to Canadian ports along the St. Lawrence face another peril. Winter weather will probably choke the seaway with ice in mid-December, stranding for three months any ships that have not made it out to open water...
...hard-hustling Morrison talked himself into a partnership with 50-year-old Contractor Morris Knudsen in 1912. Their starting capital of $600 in cash was pyramided into a global $500 million-a-year building concern. Among Morrison's construction triumphs: Hoover Dam and portions of the St. Lawrence Seaway...
...Power of Fear. Unfortunately, this ambitious blueprint stands little chance of being followed. For one thing, Doxiadis predicts that Detroit will grow northward toward the St. Lawrence Seaway; at present, the Seaway is not attracting any surge of industry and the city is expanding faster in every other direction. To make matters worse, the 1,112 local governments in the Detroit region, jealous of their autonomy, have steadfastly refused to work together and show no signs of changing in the future...