The Boston Globe from Boston, Massachusetts • 68

I A THE BOSTON" SUNDAY LOSE MAY 19, 1957 St Lawrence Seaway- a Pale Elephant? Construction Costs Balloon and Operation Expenses Will Be Up 100 And all of this of course means that somebody is going to of the New York State. (Canadian and United estimated needs. The sum would Power- Authority, pinched where it will hurt set tolls at a level which will the-nessed by toll roads, traffic esti not be large $12 million to $14 Apparently the excess of costs By JOHN HARRIMAN There are uncomfortable rumblings out in the Great Lakes country. It appears that the St. Lawrence Seaway, always matter anxiety to the great port cities of the Eastern and Gulf seaboard, is going to million.

oretically yield such revenues mate sr" pretty tricky. ($23.08 million) will defeat the! perhaps we are only wit- And so it goes. What does all this add up to? Simply that earlier estimates of This would be or.ly a fraction over estimates is only partly caused by rising prices. By far the larger percentage is due to new construction features which drive traffic to alternate amend the WUey-Dondero BM "hft the Middle West ports tive routes, and that the revenues order to bring down the tollsland to gam, according to i re- Income needed to meet Interest agreements, amortize the invest from the remaining traffic would ifhwm eventually be levied; "iT ness of Indiana State University. have been added, and changes in oe rar rrom enough to meet these uu ueep-waier tramc.

increased charges." ment and pay running expenses, have been very drastically There is talk, for instance, of design. An extra $8 million for deepen' ing the channel to 29 feet in the extending the time of amortizing the government's investment in the project which users say will not bring down annual charges enough. 'This needed income was orig cost very much more than had been expected. Four years ago, the combined United States and Canadian outlay was put at $288 million by engineering estimates. Now, like Topsy, the figure has "growed." Today it is put at $460 million.

The Canadians have done better than we in keeping the well-known financial hat on. Thousand Island section of the inally set at $14.6 million annually, river (the controlling depth of the wim interest calculated at 3 percent and $16.5 million with interest calculated at 3Vi percent whole channel is 27 feet) Pot more succinctly, this means that with present costs the Seaway cannot be self-supporting and pay off the investment in it But this is exactly what the Seaway is supposed to do in fart, must do under the provisions of the Wiley-Dondero Bill which authorised its construction. Kind in tha World! It has been suggested that the Seawey be allowed to refinance Says this study, which concerns itself only with grain: The Seaway may be expected to take away half of the Atlantic ports' export shipment of wheat (this would cost the Port of Boston around 9 million bushels at present levels, disregarding future growth potentials in this important traffic). The Gulf ports are expected to lose 45 percent of their present loadings. Similar losses would bp felt in Another $2 million for deepening loaay, ana again "assuming no the Long Sault Canal to 30 feet.

at lower interest rates when and if interest rates come down which has the disadvantages of all "if and when" propositions. Exclusive hand-pegged arch offers comfortable, restful support! It will never sog or break more surprises, it is said that an and longer concrete guide walls ntral income of $28.3 million will te needed-. with -interest at And feelers have been put out And as a self-supporting project suggesting that certain items of 3V percent for our share, and 4 percent for the Canadian share. costing an added $1-3 million. It is going to cost $3 million more than had been estimated to relocate highways and New York Actual costs across the border are exceeding estimates by 25 percent.

Onr side of the Job sees costs exceeding estimates by 60 percent Furthermore the tory may not, prises between now and 1959 it was "sold" to those parts of the cost might be "disallowed" in country which stood to lose by the 'computing the rate base. In other diversion of traffic from their ports! words, to arrange that some of the to Great Lakes centers, such as! cost of the project be ignored in down! Finest, softest leather. custom-quality workmanship made in a vast range" of sizes one) widths! F'one, 1 .00, D-rScholl's FOOT COMFORT SHOP other grains, corn, soybeans, bar- Central Railroad property. Certain In other words, charges and running expenses are going to run about twice as much as had been expected. This has prospective users of the Chicago, Duluth and Milwaukee.

repayment schedules and hence ley. All in all, Atlantic ports yet be over, for the present figure; (when completion is scheduled). Idredgmjf is now going to be done I 1 I 1 CnantH. 1 I CT 1 I paid for out cf the public purse. stand to lose a total of half their is being stated with the qualifica cost even more than J460 million, in ally been considered the respon- tion, assuming no mrtner sur Seaway in- something of a dither.

We in the East might put forward tentatively another idea: That those who benefit from the Seaway make up the difference projected grain business for 1960. Grain shipment from Chicago will be quadrupled, the study estimates, with other significant bays Great Lakes-St Lawrence Does this mean that, as originally planned, the Seaway is be-ginning to look like at least a rather pale elephant? Maybe prospective users are un- 23 PL, KU l.73i Assn. Pres. N. R.

Danielan: "Any attempt by the two governments Chess Notebook between actual money needs and gains for Duluth and Milwaukee. OPEN MON. A WED. EVES. TILL 8:30 I he nelltrui By LTMAV BIRGESS South Boston's Lithuanian Citi-tSuesman, Martin and Wysowski.

the tenia zens" riuh has donated the cha- According to the Mentor the SHOP TOMORROW lenae trophy for the new Greater; U. S. Chess Federation named Cou- 2 awrr Boston chess championship series.ture a master in 1937! He is Chessplayers owe a vote of thanks expert on the knight's tour, to this singularly civic-minded Montgomery Major of Chess club. ILife related to his readers that I teu UU ll The date for the Mass. vs.

Conn.l". of the Master chessplayers he! 30-board match is still unsettled, has known only two who had ever The original time. June 9, con- run afoul of the law." Mr. Major flicts with the National Amateur orougni tnis out in support oi JBUi Tournament at Asbury Park. The contention of innocence and first alternate date, June 16, is stated both he and bis readers WEDDING RECEPTIONS' I I 7 7 If A rt I 1 r-Atw also Father's Day.

Since most were convinced of Bill's innocence. chessDlavers are fathers and most As a result of Major plea dona- I If I il ltttlllltr ft i I 11 jof them are better fathers than tions for Couture's defense, came I I I i LI LI I I fcSU I rv w-W vmj chessplayers (a phenomenon for ln Irorn over Canada and the which the country should be grate-U SA. "Unfortunately." says the ful). it is to be assumed that that Mentor, "the money arrived, too AT THE COMMANDER GET TALKED ABOUT! Equally famous: our banquet, bridge luncheons, parti, meetings, testimonial dinners. Whatever the occasion ere have the facilities, the staff, and the talent for organiiing ft economically and right to your order.

Our manager will be hippy to day would be better spent imitat-ite and as result he (Couture) in? nater familias. June 2 is ran-iwas iorcea 10 accept a puDUc Cie- idly becoming the favor-lertder and was found guilty. ite in the match-date derby. I The April issue of The "Junng the Intercollegiate tour- discuss your Special Event with you. Call Shaffie K.

Hams, at publication of the Mass. Correc- nament former Boston champion tional Institution, spotlights Wil- Arthur Freeman. Harvard, played Iiam J. Couture as "Personality of tne following game with Dan Fid- Kl 74800. mE0 THE the Month." Things we never Vm state, (Southern Inter-, Iknew till now about Bill: In 1947 cpuegiate cnampion).

Blacss he beat Andv Ambrose (no. not in claun 01 loneit at move 44 HOTEL ichess, but in boxing) who was then was disallowed. wnitesquanQered a rtCLoa rotcl middleweight champ of the nour on move lt- freeman: i In chess he was tutored game is one big swindle and; is W. W. Adams.

Bill has defeated leacnes me a lesson edoui time- pressure: avoid it" Notes by Free- man; 0. 131 FRENCH BIFEXSf FINAL DAYS Factory Treman 1. P-K4 2. P-C4 3. N-vBl 4 P-K5 5.

P-CRJ 6. PxE 7. F-CH4 S-Kl 10. O-O e-k 11 PtlP P-K3 17. P-R3 K-KF4 V-G 28.

Ji-Kl B-N5 13. OsKP X-B P-CB4 3Cl. CxNP B-B BxNcS 31. K-KJ K-N4 CS-B3 SJ. O-BS B-KM -E-CS Sa.

OxP B-FJ O-EJ 34. 0-E7 3RX3 Sa. je-B5 3.I-V3 IN'I 77 O-V V-S Home We are verstocked hare referred irvf-tractioni rom factory reduce prices all Starck Jest resell Spinet Console piao. Tiis ytmr chance to br a t)xalitr riano at a frac- twm of it e-rigiaal cost. Slit It! Priets.

CMBtlrv! F-KP3 Sa. Ch-P 4 N-F5 IS. P-KXS 4J. B-N4 B-NJ 16 QT.i N-N-b) 41.P-QB3? Pi? ExP i K-F7 I-KI O-O-O BxB S. Q-KS B-B7 I-KB3(C' -i44.

N-OB B-CI .45. -B6 B-KK1 51. VxKf" PtV 46 P-P4 N-K8 12 B-Qd) 47. IS PllB K-PJ 24. 4S K-PJ B-KEJ Kr-R 4P K-E? 25.

B-RS B-E 50. 26. B-t6cb I K-B3(! (t'Lom. FkJIow jr-tipospyr 13. P-KP3 antf 54, O-O-O: Whu must 14.

N-K2 end a 15. PxP and N-N2 B5. Tot it 16, J-B4; 17. EkN. and 16.

NxBP- i tc lEmharlrinff on a Krwrutativ pri-l STARCK JESSE FRESCH coy SOLES Direct Blow Actios delicately acaled in cize harmonize with furnifaiDgs in today'a home. Highest ooality 5c: a c.f-ar pi-j ior Whit? results iron! 20. R'3h-R3. P-QR3: 21. N-E3-K2.

(HlForeed. If 22. K-N'2: S3. E-Nrh toliowed br and Q-R3. lA hiilfirtr.

IrrnuiTvp xrav clear win by 24. R-R8ch Thre mipht TOjiCw: 24. K-IV2: 2J. KyR. U-R4: 'AK R-R2; 27, N-K2: 28 O-BB to Blank K-mfim nwnii.

ur witn tne same outcome. ji Hiat-K aefers -H4, wnjte will play Q-B4-E7ch-K8. leading to mate. If dfi) 24, O-N: 25. RxOch.

KxR; 2S B-R3 and Biack'f cannot hold the KP. Hi A blunder in return, givin bar)? uie game, k-jz inen -tvt wat oorreet. uo noia tne to NEW PIANO PRICES FROM $389 SAVE IQnoo lQ IRQOOOn all hi-grade Starck and Jes.se French spinets and consolesextra discount for cash very liberal allowance for your old piano. hi A raibstronhp' K-Kl innM have won easily. White made last nx moven in 14 seconds.

(ltHere White coti in r.nt win fnr acx ana wa veti u-k lh mmf tor while Fidlow had only three minutes remaining, lengthy adjudication brought iui win i.jr mm witn O'J, -K7cn. xu and the White nawn can be held back. Fac-d with this. White resigned an gracefully a possible under mm circumstances. Pinna Ga 882 COMMONWEALTH BOSTON Don't Vie for Highway SMALL DOWN PAYMENT at MONTHS TS AT Driving on city streets and hiah- wayi not a competitive game to i BLOCKS PROM OSTON OPtH DAILY UNIVERSITY BRIOGI A.M.

TO P. be played with abandon. Don't try to compete with other drivers OPEN MON. A WED. A M.

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