Word: holcing
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Dates: during 1930-1939
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...such disadvantage, thanks to the fertility of the New Deal in producing new agencies and new jobs. In addition to about 75,000 regular Government jobs which were Mr. Farley's to give away, he got about 75,000 more as a result of the AAA, PWA, NRA, HOLC, etc. A little wire-pulling from the Post Office Department was all that was necessary to convince Congress that it would be best. because of the emergency, to put this new army of workers entirely beyond the reach of Civil Service requirements. Some high-minded New Dealers like Secretaries Ickes...
...spite of the fact that he had told Congress that Federal Refinancing of farm and home mortgages had met with "good success," there was evidence of hesitation by some mortgage holders to accept Farm Credit Administration and Home Owners' Loan Corporation bonds for their mortgages. Through FCA and HOLC the Government only guarantees the 4% interest on the bonds. The President planned to ask Congress to carry out a "moral obligation," guarantee the principal of the bonds as well, authorize up to $2,000,000,000 worth of such securities for each agency...
...orange is a grapefruit; half way between a public work and a relief work is a civil work. Up to now the Federal establishments, only recently scheduled for consolidation, have been increased to include an AAA, an FCA, a PWA, an FERA an NRA, a CCC, a TVA, an HOLC, an RFC*-and now we have a CWA. It looks as though one of the absent-minded professors had played anagrams with the alphabet soup. The soup got cold while he was unconsciously inventing a new game for the nation, a game which beats the crossword puzzle-the game...
...Congress has given to the President to fight the recovery campaign?" As an aid to teachers in telling their pupils about them it presents "thumbnail sketches" of NRA, AAA, PWA, CCC. FCOT, FERA, TVA, RFC, FFCA, HOLC, with a map of Washington showing their locations. NRA. A code for teachers was submitted to NRA last month by the American Federation of Teachers. It was rejected on the ground that teachers are government employes. Nevertheless Commissioner Zook cautiously announced that the Office of Education is studying the "implications" of a code, with some recommendations to NRA in view. Meanwhile pedagogs were...