Word: waterways
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Dates: during 1940-1949
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Rate boosts in the past have demonstrated that they are not the prime answer to railroad financial problems. Too often the railroads have timed them to accentuate a fall in traffic (see chart). They always divert traffic to highway and waterway competitors, cause shippers to lie awake nights scheming ways of eliminating rail transportation...
Like Germany, Kotmk was defeated by Almat in 1918, and lost the "provinces" of Louisiana and Arkansas along with control of the vital Mississippi River waterway. But Kotmk had pulled herself up by her bootstraps, raised a powerful army, made up for her loss of the Louisiana oil fields by making new strikes in Texas. "The State had undertaken also a gigantic scheme of physical culture. . . . The birth rate in Kotmk had risen to a point where it was far in excess of more prosperous Almat. The vigor of the young people of Kotmk was so pronounced that medical authorities...
...message to Congress, urging immediate development of his old pet, the St. Lawrence seaway and power project, in spite of the fact that it would now have to compete for labor and materials with defense industries. Said he: "The enemies of democracy are developing hydro-electric resource and every waterway from Norway to the Dardanelles. Are we to allow this continent to be outmatched? . . . Your action on this project will either make available or withhold 2,200,000 horsepower of low-cost electric power for the joint defense of North America...
...President, who has known his own mind about development of the St. Lawrence for some 30 years: "Construction should commence at the earliest possible moment"; the U. S. Government regarded the project as "a matter of vital necessity." He said that the opening of the St. Lawrence deep waterway as an outlet for naval and cargo ships to be built in Great Lakes shipyards would be just the opposite of a diversion of funds and resources from defense; that a long-drawn-out war would demand building "several times" as many shipyards as are now available...
...whether Turkey would fight side by side with Britain remained to be seen. And how Soviet Russia felt about the Nazi threat to Russia's one waterway to the Mediterranean-the Dardanelles-was a secret that remained in the head of Joseph Stalin. A great and foreboding moment in World War II had arrived-and the imponderables were correspondingly great...