Word: pwa
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Dates: during 1940-1949
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First cause of delay was a row between PWA and the Federal Security Agency to control the $15,000,000 Congress voted for building clubhouses. After PWA won, construction was tied up further because before the Army Quartermaster Corps gets the green light to start work each individual hut must be approved by 1) the local community, 2) FSA, 3) U.S.O., 4) PWA, 5) the White House. Also, FSA wanted to build big clubhouses, but U.S.O., which has to pay for running them, had more modest ideas (around $80,000-$100,000 each). Also, many local communities are trying...
...mayor of Charleston as a businessman's candidate, carried every ward in the city. Maybank put Charleston back on its feet financially. But his political career really in in 1935, when as chairman of South Carolina's Public Service Authority he sponsored a PWA power project on the big, clay-red, ambling Santee River, which empties into the sea some 45 miles northeast of Charleston...
...after Calvin Coolidge signed the bill authorizing Boulder Dam in 1928, eleven coastal cities (later 13) set up the Metropolitan Water District of Southern California. They voted a $220,000,000 bond issue, and in 1932 got RFC to help them sell the bonds. With a PWA loan, they started work on the aqueduct, which runs from Parker Dam, 155 miles south of Boulder Dam, to Lake Mathews, near Riverside. With the world's deepest dam foundation (233 feet under the river bed), Parker Dam stores water for the whole District system...
...fixed charges. That year the line lost $13,124,530 and it looked as if the courts came next. But Uncle Dan made the fur fly, got $8,233,000 from his old friend Jesse Jones, sold a ditch of a canal to PWA for $2,000,000, persuaded Congress to pass the Chandler Act, so astutely worded that it helped no other trunk line, but let B. & 0. cut its fixed charges...
Indicted by the Justice Department's Thurman Arnold last year were Pittsburgh's Electrical Contractors Association and twelve member firms. The charge, on which they were fined $54,000 after pleading no contest: conspiracy to defraud the Government of about $745,000 by rigging prices on PWA projects. Mr. Marcus promptly sued the contractors under...