Word: costs
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Dates: during 1930-1939
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...What is the approximate daily cost in Yen of the war to Japan...
...when it is concentrated on such a scale: it is called impotence." One proof of impotence is that almost every step the metropolis has taken to deal with congestion has actually increased it. Subways route millions of people a day to the city's centre, in New York cost the city 3? over every 5? fare. Such transportation improvements as Wacker Drive in Chicago, which cost $22,000,000 a mile, tax the properties benefited and automatically produce a rise in rents, which becomes capitalized in the form of higher land values. End result: more intensive use, further traffic...
That a boom in building would do much to break depression, everyone knows. That Government-financed low-cost housing will start the boom, Franklin Roosevelt's Administration sincerely hopes. Last week an announcement by Frederick Ecker, chairman of Metropolitan Life Insurance Co., cheered The Bronx and indicated that private finance could do its part. Mr. Ecker's announcement: Metropolitan has signed contracts with builders to put up $35,000,000 worth of housing, covering 120 acres in The Bronx. This development will be by far the biggest housing project ever undertaken in the U. S. When completed three...
Last February the New York Legislature modified the insurance code again: Till 1943, by the O'Brien-Piper Bill, insurance companies can once again invest in low-cost housing. But the amount of rent they can charge this time is not specified. Metropolitan apartments will undoubtedly rent for more than $9 a room. Truly low-cost housing, with the price of building materials and building labor as high as it is now, will continue for a while to be built by the Government...
...Left a grass widow when Studebaker went into receivership, Fierce-Arrow lost $3,000,000 in 1932 in the face of Depression and better cheap cars. In 1933 a group of Buffalo businessmen paid $1,000,000 for the Pierce plant, tried a $2,300 car (previously Pierces cost as much as $6,400), then trailers. Last summer, when the reorganization scheme was cooked up, the company was at a standstill, with no cars on the line, 25 employes in the factory, lots of red ink in the ledger. When the market crash last fall halted refinancing plans, the company...