Word: flood-control
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...cities, Los Angeles, Houston, New York and others, with unlimited supplies; it is considering a bill to authorize longterm, interest-free loans (up to $5,000,000) to local groups that want to build small dams. But Congress has left the Army Engineers with an $8.5 billion backlog of flood-control and water-storage projects. Only last week the House Appropriations Committee slashed $48 million from President Eisenhower's $512 million budget for water projects next year. The price of water conservation may seem high, but the cost of water shortage is even higher...
...combine of four private power companies) a preliminary go-ahead on dams at Bruce's Eddy and Penny Cliffs (combined capacity: 532,000 kw.; estimated cost: $320,351,000). In keeping with the Administration's partnership policy (TIME, July 26), the Federal Government may share flood-control costs...
Under 1945 legislation, Congress had authorized the Army engineers to develop power, navigation, and flood-control features on a 100-mile stretch of the Coosa River between Montgomery and the Georgia state line. The money was never appropriated, and the Alabama Power Co., which already serves 520,718 people in the area, drafted its own plan. It offered to build five new dams (see map) along the Coosa, with flood-control features and provisions for future navigation improvement. Cost of the project: about $100 million for an additional 360,000 kilowatts of power...
...meant by his new policy of partnership between the Federal Government and local public or private utility companies. Into Congress went two bills authorizing a deal between the U.S. Army Corps of Engineers and the city of Eugene, Ore. (pop. 36,000) to build a $34.5 million power and flood-control project on the state's McKenzie River. For its share, the Government plans to build a $23 million flood-control dam on the McKenzie. In turn, Eugene's city-owned power company will spend $10.5 million on a powerhouse at the dam site and a smaller reregulating...
Benefits to Eugene from the plan: more power for the local company and the first real flood-control system for the swift-flowing McKenzie River. Benefits to the Government: a chance to provide both power and flood control for an important section of the U.S. without footing the entire bill...