Word: volta
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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...
...fallen away, and the expensive Ghana-subsidized alliance with Sékou Toure's Guinea and Modibo Keita's Mali was getting him nowhere. Moreover, the day was fast approaching when Ghana's dwindling exchequer would have to put up $226 million for the ambitious Volta River power and aluminum project, if the U.S. and the World Bank went ahead with their part of the deal...
Kwame Nkrumah now seemed as much a prisoner of his leftist colleagues as he was of his own Pan African dreams. There was only one way out-more bluster. When word trickled into Accra that Washington was pausing to reconsider its offer of the U.S.'s $133 million Volta River loan. His High Dedication fired off a letter to President Kennedy asking for a decision by Oct. 13. But only irigid silence came out of Washington; hastily, Nkrumah got off a second letter. Take your time, wrote Nkrumah reassuringly last week. Somehow, he had found a way to extend...
...Adjei spoke. President Kwame Nkrumah was courting U.S. aid money to finance a pet project that should keep Ghana under the yoke of colonialism for years to come: a $196 million dam and power plant to be built on the Volta River. (According to an Administration official. President Kennedy intends to send a mission to Accra "to rivet some things down" before approving the project.) Meanwhile, a 19-man Ghana delegation was heading for Russia-where Nkrumah himself had just paid a call-to wrap up economic and cultural agreements. Ghana was also preparing to invite a Soviet military mission...