Shipping: Red Flows the St. Lawrence

Few international projects have been debated with such fervor or greeted with such optimism as the St. Lawrence Seaway. When it opened in 1959, its proponents prophesied that it would create "America's fourth seacoast," spread prosperity along its banks, and prove a boon to commercial shippers in the U.S. and Canada, which shared the $470 million cost of building it. After five years of operation, the Seaway has not come near to fulfilling that promise. Last week in Detroit, a Senate commerce subcommittee held hearings to discuss the Seaway's troubles and what can be done about them. Last year's...

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