Word: site
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Dates: during 1950-1959
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...summoned an architect to draw plans, and eventually Waterville gave him the money for a 650-acre site. At the very bottom of the depression, he launched a fund-raising campaign. On the day of his opening dinner in Boston, President Roosevelt closed the nation's banks...
...four years the trickle of money was just enough to start clearing the site. But by 1937 Johnson's work began to bring results. George Horace Lorimer, '98, editor of the Saturday Evening Post, gave $200,000 for a new chapel. A group of alumni raised $300,000 more for a student union. One man sent $20,000, merely because he had once passed old Colby on the train and thought that "some day the trustees must do something about...
...relics buried at Sheguindah, and he is worried about them. In September he has to go back to work at the National Museum, and his helpers will go back to school. The location of his find is no longer a secret; American collectors are already nosing around the camp site. And Ontario, oddly, has no antiquities law to protect archaeological diggings from looters. "Practically every ancient trace of man found in Ontario has gone across the border," says the archaeologist sadly. "[U.S. dealers] take artifacts back, claiming them at the border as souvenirs. Then they sell them at high prices...
...history since its purchase from Russia." The event: Aluminum Co. of America's announcement of plans for a giant aluminum smelter and two power plants near Skagway on the Canadian border. The cost, $400 million, would make the project the second biggest single investment ever made at one site by U.S. private industry.† It would eventually boost Alcoa's aluminum capacity 60% to 2.1 billion pounds annually, provide year-round employment for 4,000 and create a new Alaskan city...
...finished aluminum to market. Alcoa is ready to raise the whole $400 million unaided, provided that 1) Canada will give permission to dam the river and divert the water, and 2) the U.S. will help Alcoa get title to the 20,000 acres of Alaskan land needed for the site (present homesteading laws limit one Alaskan purchase to 160 acres). The plan has already won the informal backing of the U.S. Defense Department. Moreover, Alcoa, a onetime monopoly which now has plenty of competition and only 50% of total U.S. capacity, doesn't think trustbusters could legally block...