Word: damming
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Before canceling out on the offer to help build the $1.3 billion Aswan Dam (TIME, July 30), the U.S. had speculated that Egypt's Nasser might seize the Suez Canal in retaliation. But State did not rate the chances very high. Secretary Dulles was in Peru when Nasser shrieked his challenge (see FOREIGN NEWS). Dulles got on the radiotelephone to Under Secretary of State Herbert Hoover Jr. Hoover conferred with President Eisenhower, and the President dispatched Deputy Under Secretary of State Robert Murphy to London to confer with the British and French on lines of counteraction...
...other side of the Capitol, the Senate moved steadily toward adjournment, whooping through 134 bills (nearly all of them minor) in one two-hour period. The Senate's big items concerned two politically loaded pieces of legislation. On one, the proposal for a federal dam in Hell's Canyon on the Idaho-Oregon border, the Democratic leadership took a whipping from the Administration. On the other, social-security expansion, the Democrats passed an Administration-opposed bill that will be useful this fall. In all, the tortoise was doing nicely...
...Senate chamber last week rang with a familiar Democratic cry: "Giveaway!" Democratic leaders were struggling to override the Federal Power Commission's decision (TIME, Aug. 15, 1955) to permit the Idaho Power Co. to build three small dams in the Hell's Canyon area of the Snake River. Before the Senate was a Democrat-sponsored bill to 1) order the private development halted (Idaho Power has already begun work at Brownlee, plans to spend $175 million), and 2) build a single, multipurpose, $308 million federal dam in Hell's Canyon. Main reason for the all-out Democratic...
Problem for a Nurse. On the last day of the Brioni conference the U.S., in an astutely timed move to discourage the spread of neutralism, coldly withdrew its offer to help Egypt finance construction of the billion-dollar Aswan High Dam (see NATIONAL AFFAIRS). Flying off to Cairo with the bruised Nasser, Nehru, the high priest of neutralism, found himself at week's end playing nurse to a new and noisy member of the family. It was doubtful, however, that Nurse Nehru could offer 38-year-old Nasser much in the way of consolation or even advice...
MORE POWER PARTNERSHIP is in store for Northwest. Pacific Power & Light Co. has signed deal with Washington State's Cowlitz County Public Utility District to develop Upper Lewis River in $56.7 million project to produce 256,500 kw. by 1958. Pacific Power & Light will build and own main dam and powerhouse producing 189,000 kw., while PUD will spend $15 million on smaller, 67,500-kw. downstream powerhouse, get 26% of overall power produced...