Word: damming
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...present agricultural base. Tin, columbite (for jet-engine alloys) and coal are all being exported, but there is no money to develop the lead, zinc and iron ore that have been found in quantity. Abubakar dreams of building West Africa's first steel mill and a huge dam on the Niger. But the big hope is oil. After 25 years, Shell finally hit a gusher in 1956, figures the Niger Delta swamps contain reserves of perhaps one billion barrels...
...Meeting in Accra, President Nkrumah's Ghana government and a consortium of aluminum companies headed by U.S. Aluminum Maker Edgar Kaiser signed a historic agreement. Under the deal, Kaiser will raise $178 million to build an aluminum smelter. Ghana will supply the power by building a $168 million dam on the Volta River. "It could mean to Ghana what TVA and the railroads meant to the U.S., coming all at once," said one Washington official last week over the news. Then he added reflectively: "The problem is making sure the Ghanaians mean all they're saying...
...year-old Ghana, whose economy is almost wholly agricultural, the Volta dam and smelter combination could well provide the springboard to a miniature industrial revolution. Ghana's chief resources are the tremendous hydroelectric power potential of the Volta River and a large supply of bauxite ore from which aluminum can be extracted if large amounts of electricity are available. When Ghana was still a British colony and called the Gold Coast, British engineers drew up a plan for a dam and smelter works costing $900 million. It was more than newly independent Ghana could afford. Kaiser drew...
...generators for a new plant in Tennessee. (TVA began to build steam generators in the 1940s after it had heavily developed the hydro power of the rivers, now uses two-thirds steam.) Part of the first $50 million will be used for two new power units at Melton Hill Dam, Tenn., scheduled to be completed in 1963. Other funds will go to a new steam plant at Paradise, Ky. that will sit practically on the coal fields, and for power additions at Wheeler and Wilson Dams...
...yardstick of fiction, John Updike, 28, has written one of the year's most important novels. Like last year's Poorhouse Fair, his new book is bitterly anchored in Thoreau's belief that most men lead lives of quiet desperation, but in this story, the restraining dam breaks to let loose such relentless despair as is seldom found in U.S. writing...