Word: timbers
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Dates: during 1980-1989
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...Charlotte, N.C., found their businesses blown away, their houses flattened, their jobs gone. Losses were running as high as $3 billion just in South Carolina, where 70,000 people remained homeless and 224,000 were out of work. The state's top industry, tourism, may take years to recover. Timber, its third-ranking income source, took a $1 billion blow, as more than a third of South Carolina's forests fell to Hugo's winds. It may be 18 months before the 18,000 miles of blocked roads are cleared...
...nearly solid bloc of Republicans--only Doug Bereuter (R-Neb.) defected--was joined by 64 Democrats, chiefly from timber and farm areas in the 239-190 vote to redeem Bush's campaign promise to tax investment income at a lower rate than wages...
...1920s and '30s. But when the protective canopy was cut down, the rubber trees withered under the assault of sun, rain and pests. In 1967 Daniel Ludwig, an American billionaire, launched a rashly ambitious project to clear 2.5 million acres of forest and plant Gmelina trees for their timber. He figured that the imported species would not be susceptible to Brazil's pests. Ludwig was wrong, and as his trees died off, he bailed out of the project...
Among other things, environmentalists fear that completion of the road will provide entree for Japanese trading companies that covet the Amazon's vast timber resources. Acre's governor, however, argues that the road is needed to end the state's isolation and claims that the state will not repeat the mistakes of Rondonia...
...timber industry accepted the plan, but environmentalists rejected it, arguing that they would be giving up their legal rights to fight the logging companies. Nonetheless, Hatfield introduced the plan in Congress. It has already cleared the Senate and is awaiting consideration by a House-Senate conference committee. Notes Andy Kerr, conservation director of the Oregon Natural Resource Council: "The pressures on the politicians are tremendous. The Oregon delegation is having to deal with timber in l989 the way the Mississippi delegation had to deal with civil rights...