Elephant Butte Dam exception of the Aswan Dam in Egypt. It was expected that the dam would become the property of the local settlers once a water tax had reimbursed the government for the cost of construction. During construction the government used a system of 3 cables, each having a capacity of 15 tons and a span of . The name "Elephant Butte" refers to a volcanic core similar to Devils Tower in Wyoming. It is now an island in the lake. The butte was said to have the shape of an elephant. Elephant Butte Dam is 301 feet (91.7 m) high, 1,674
Aswan Dam support. Although Dulles believed that Nasser was only bluffing and that the USSR would not aid Nasser, he was wrong— the USSR promised Nasser a quantity of arms in exchange for a deferred payment of Egyptian grain and cotton. On 27 September 1955, Nasser announced an arms deal, with Czechoslovakia acting as a middleman for the Soviet support. Instead of attacking Nasser for turning to the Soviets, Dulles sought to improve relations with him. This explains the later offer of December 1955, in which the U.S. and Britain pledged $56 and $14 million respectively towards the construction of the dam.