Word: seaway
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Others, presuming that normal appropriation bills and war expenses would be cared for somehow, suggested laws to abolish racial segregation in the District of Columbia, a permanently-financed Point Four program, approval of the St. Lawrence Seaway project, and creation of a new Cabinet post of Peace and Human Welfare...
Ports & Power. Seaway opponents have long tried to write the project off as a white elephant, but most unbiased investigators have concluded that it makes such obvious economic and engineering sense that its construction some day is inevitable. If & when it is built, the seaway will...
...point of Labrador iron ore alone, Western strategists shudder to think of total war with no seaway. With the great Mesabi deposits inexorably running out, Labrador is the only known alternative source that could be made completely safe from submarines. This has lined the Pentagon up in earnest support of the seaway. It has also won over the Midwestern steel companies, many major manufacturers (including General Motors, Nash-Kelvinator, Ford) and some influential Senators-notably Ohio's Taft...
...North Americans, even such a massive undertaking as that is no real obstacle. The real block to the seaway, through 50 years of weary debate since it was first proposed, has been the anti-seaway lobby. Its members include railroads fearful of losing traffic, coal and power companies fearful of low-cost competition, seaports from Boston to Galveston that would lose some shipping. The coalition has managed to frustrate the efforts of every U.S. President since Wilson and every New York governor since Al Smith to push the seaway through Congress...
This time, if the lobby wins again, its victory may cost the U.S. dear. Canada is ready to tackle the seaway alone if the U.S. is still undecided by the end of 1951. An all-Canadian route would be somewhat more difficult to build, but the extra cost would come to only $30 million. Canada could finance the whole project if it had to, and there is no impossible problem of engineering or supply. U.S. business in the end would have to pay most of the bill through toll charges, and U.S. shipping might be hurt by discriminatory rates...