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Changing Designs. The huge earth-moving projects planned by the Japanese should assure the magnanimity of the gods for years to come. The hydroelectric-program called for adding 3,900,000 kilowatts in five years (equal to 36% of Japanese capacity at that time), by building new dams as well as replacing low dams (that become useless when river waters are low) with high dams. The government also has a $1 billion roads program and plans for a new Tokyo reservoir that will require the sixth highest dam in the world and the biggest in the Orient (480 ft. high...

Author: /time Magazine | Title: Business: The Japanese Sandmen | 12/21/1953 | See Source »

...more heed to the U.N. and to Western wishes than his rambunctious predecessor. For Sharett believes in the give & take of negotiation, while B-G believed more in the power of a fait accompli. The two clashed violently over Israel's defiance of the U.N. on the Jordan dam project, and over the Kibya massacre...

Author: /time Magazine | Title: ISRAEL: A Different Stripe | 12/7/1953 | See Source »

...Dulles. Candidate Riegelman, with an eye on New York's powerful Jewish vote, wanted to talk to Dulles about the U.S.'s cancellation of economic aid to Israel, which came after Israel had defied the order of the United Nations truce commission to stop work on a dam in a demilitarized zone on the Syrian border. Riegelman stayed with Dulles for an hour and a half, then appeared in the State Department lobby with a carefully typed statement initialed by Dulles' personal assistant. He was confident, said the candidate, that the Israel dispute would soon be solved...

Author: /time Magazine | Title: National Affairs: Old Flaw, New Crisis | 11/9/1953 | See Source »

Next day, back in Riegelman's Manhattan, Israel promised the United Nations Security Council that she would stop work on the Jordan dam while the Security Council debated the case. The offer was much like one which the U.N. truce commissioner had rejected as unsatisfactory two weeks before. Nonetheless, on the strength of the stop-work order, President Eisenhower announced at his press conference that "we can proceed with our arrangement for the economic help of Israel." A few hours later, Dulles approved the reinstatement of a $26 million allotment to Israel for the six months ending at year...

Author: /time Magazine | Title: National Affairs: Old Flaw, New Crisis | 11/9/1953 | See Source »

...current crisis, the State Department suspects that Israel's controversial dam is a bargaining weapon in Israel's covetous designs on the waters of the Jordan River-at the expense of Arab neighbors. U.S. policy has tried to head off this crisis by backing a TVA-like development of the Jordan valley for the benefit of both Jews and Arabs. Last week suave Eric Johnston, onetime child prodigy of the U.S. Chamber of Commerce and currently the president of the Motion Picture Association, was going from capital to capital in the Middle East as Eisenhower's personal...

Author: /time Magazine | Title: National Affairs: Old Flaw, New Crisis | 11/9/1953 | See Source »

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