Word: fiscal
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Dates: during 1930-1939
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...Before the fiscal year's end last week, in time to function in 1940, the President signed three important bills, with critical comment...
...amount asked by President Roosevelt). This is down $773,000,000 from the total spent by WPA in fiscal 1939-but no one supposed it will not be added to before fiscal 1940 ends...
...Eastern war on behalf of the Chinese. Great Britain, strongest European power in the Far East, was hamstrung by fears lest the year-old Civil War in Spain leap its national boundaries and rage through the Mediterranean and along the Rhine. The French Popular Front Government, bedeviled by fiscal troubles, was in no position to take part of the White Man's Burden in Asia on its sagging shoulders. The U. S., although its Navy was growing, had only recently passed a neutrality law, had signaled its desire to grant independence to the Philippines, leading Japan to conjecture that...
Alabama's Representative Joe Starnes drafted a bill some months ago to give PWA another $500,000,000 in fiscal 1940. Since then PWA has been "reorganized," along with WPA, USHA and several other agencies, into a new Federal Works Agency (effective July 1). Not the Starnes bill, but a PWA allotment of similar size out of the money it was going to vote for WPA, was what seemed to be in the subcommittee's mind. Two reasons, besides Mr. Roosevelt's renewed urge to "invest" in public works, guided the subcommittee in this direction: discovery...
...Master of PWA made a fine witness in his own behalf. He could report that, after allotting before last January 1 all the $965,000,000 given him for fiscal 1939, he still had on hand 2,800 projects approved as feasible and suitable for PWA to undertake. He could report that of all the hundreds of millions loaned by PWA to States and municipalities, only $5,000,000 or 4/5% had been defaulted. Meantime, PWA had made $12,000,000 by selling at premium local bonds put up as loan collateral. Better than 80% of all bond issues proposed...