Seaway Seen Leading to New Wealth
A Senate subcommittee report backed by Senator Wiley prompts optimism that the St. Lawrence Seaway will trigger vast wealth for the United States and Canada. It predicts cheaper bulk transport will industrialize service areas and boost the gross national product, with $105 million federal spending for the U S shore of the Montreal to Lake Erie section and first large ships by 1959.
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Lawrene
United States
Canada
Senate Foreign Relations
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St. Lawrence River
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St. Lawrence Seaway Development Corporation
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Lake Erie
Cut Seen Possible In U S Spending Cuts
President Clem D Johnston of the United States Chamber of Commerce said the federal government could cut spending by about 25 percent to permit a reduction in corporate and excise taxes. He spoke last night in Virginia.
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Clem D. Johnston
United States Chamber of Commerce
Virginia
Penn archaeologists plan 1955 Memphis expedition
Archaeologists from the University of Pennsylvania will launch an expedition early in 1955 at Mir Rehina on the site of ancient Memphis to uncover little known facts about the life of the commoner. The effort is a joint project of the university museum and the Egyptian department of antiquities.
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University of Pennsylvania
Mir Rehina
Memphis
University
Museum
Egyptian Department of Antiquities
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