Word: volta
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Dates: during 1960-1969
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Opposition leaders advocate an end to socialistic planning and large industrialization projects like the Volta River dam, Goshal reported. Instead, they support foreign investment and production of consumers' goods to build up Ghana's economy...
...Upper Volta...
...last week the Kennedy Administration seemed to be having second thoughts. Items: >The State Department announced the authorization of a $133 million loan to proCommunist, anti-Western President Kwame Nkrumah's Ghana. The funds, which will pay for more than one-third of Ghana's huge Volta River hydroelectric and aluminum plant project (the rest will be provided by the World Bank, Britain and the Ghanaian government), were tentatively allocated last summer, then pigeonholed in the face of Nkrumah's flirtation with Moscow, along with his totalitarian persecution of political opponents at home...
Censored Scholarship. As long as the Volta River loan still hung in the balance. Osagyefo (The Redeemer) is willing to court the favor of the U.S. Opening the U.S. Trade Fair in Accra last week. Nkrumah ogled an array of exhibits from tractors to a U.S. Negro bathing beauty, made a great show of comparing Ghana's present stage of development with that of the early American colonies. Actively playing the neutrality game, however, he asserted that "capital and technical knowledge have no respect for political frontiers," and insisted that he had no reason to apologize for "the steps...
...called "neutralists" who actually follow the Communist line, the U.S. has become especially wary of Ghana's Kwame Nkrumah. Last week President Kennedy assigned retired Steelman Clarence B. Randall, 70, to visit Ghana for "a final hard look" at Nkrumah's request for U.S. aid on the Volta River Project...