Word: damming
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...wells on the Colorado-New Mexico border 1,488 miles away. For the Northwest cities that received natural gas for the first time this month, the 18-m.p.h. surge of fuel from the San Juan Basin was as momentous as the first whirring of dynamos at Grand Coulee Dam in 1941. Long hobbled by power shortages, the Northwest in another year will be tapping a gas supply equivalent to 15% of U.S. reserves, anticipates an industrial boom comparable to the South's postwar growth...
...outfit called the National Hell's Canyon Association, Inc. blossomed and bristled like a desert cactus last year, soon after the Federal Power Commission turned down an eight-year-old proposal that the Government build a single high dam in Idaho's Hell's Canyon, instead licensed a private utility to build three small dams in the area (TIME, Aug. 15, 1955). Turning furiously to the U.S. Court of Appeals in Washington, the association charged that the FPC action amounted to "administrative lawlessness" and de manded that the court order the license revoked. Chief argument: under...
...needs. Before exer cising this discretion, said the court, the FPC gave "mature consideration" to both plans and concluded-on the basis of the evidence-that each was "equally comprehensive." Weighing in favor of the private project was the fact that Congress has consistently refused to authorize a federal dam. Hence, the FPC "chose between a $400 million plan, which nobody was offering to undertake, and another comprehensive development for which private capital in the sum of $175 million is immediately available, so construction can begin at once." Concluded the court: the FPC's right to make such...
...final squeeze was applied by the tight money market, just when Wolfson needed cash more than ever to handle the increasingly big contracts he had taken on, e.g., construction of a $120 million, 1,036-ft. Forrestal-type supercarrier, and a $92 million Priest Rapids Dam with its 631,000-kw. power plant, one of the largest awards ever made to a single contractor...
This is not to argue public power to the exclusion of private power. But private companies are frequently unable to utilize a dam site fully, and wasting the heritage of future generations in this respect is inexcusable. These federal projects pay for themselves through power revenues, and the experience of TVA and the Bonneville Power Administration shows that they stimulate the area's economy so it can pay a larger share of the nation's taxes...