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...sponsors were reported last week to be hoping that all of NYA's functions except work relief would be permanent. Fifty million dollars???roughly, enough to endow two Duke Universities; or to pay the ordinary expenses of the U. S. Government in 1850 with enough left over to acquire Alaska & Hawaii; or to build another Normandie; or to finance the World War for five hours?were set aside for NYA's first year. Said President Roosevelt: "The yield on this investment should be high...
...back to work. In a letter to Conciliator Anna Weinstock of the Department of Labor he declared that it would take at least three months to repair and renew the Hopewell machinery wrecked by the night raid of the strikers. Such repairs, he said, would cost thousands of dollars???far more than Tubize Chatillon stockholders would be warranted in investing in a rehabilitation of Hopewell. The company would make no more rayon yarn in Virginia but would import whatever was needed for use on its Hopewell looms from its yarn plant at Rome, Ga. Closing the yarn plant would...
...decade since Mother Britain adopted Iraq as a mandate from the League the expensive foundling has cost her more than £200,000,000 or roughly one billion dollars???a tribute to U. S. wisdom in not accepting a mandate over Armenia (which has since become a Soviet republic). Other mandates held by Britain are: Palestine, parts of German East Africa, Togoland and the Cameroons, Southwest Africa (held by the. Union of South Africa), German New Guinea (held by Australia), the Nauru and Samoan Islands (held by New Zealand...
Assembling their summaries, reports, surveys and other economic data, statisticians in the Washington Bureau of Internal Revenue last week finished their logarithmic and slide-rule computations and put the total U. S. income for 1926 at nearly 90 billion dollars???3 billions more than in 1925. It was only an estimate. Two more years of statistical accumulation will be necessary before an actual figure can be determined...