Word: pwa
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Dates: during 1950-1959
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...common treasury. This act offers Historian Toynbee an interesting and ironic sidelight. The Athenians used the funds to stave off mass unemployment by building public works. Thus the monuments that crown the Acropolis testifying to the glory that was Greece are actually the result of a kind of grandiose PWA project subsidized with stolen funds...
...easy, step-by-step progression--but in the chaos of the cat-fights within the New Deal. Characteristic of these feuds is that between Hopkins and Ickes over the handling of relief--Hopkins' FERA and CWA (where the youngsters burdened with social consciences did battle) against PWA where Ickes took a cautious, yet constructive look at the nation's resources). Dean Acheson and Lewis Douglas (the forces of stabilization) are shown as they clashed with Morgenthau, Jesse Jones, a Cornell professor named George Warren, and, eventually, FDR (the forces of inflation). And there are even more squabbles, sometimes petty, sometimes...
Died. Leon C. Phillips, 67, onetime (1939-43) governor of Oklahoma; of a heart attack; in Okmulgee, Okla. A former University of Oklahoma footballer, 3OO-lb. Democrat Red Phi lips once called out the National Guard to stop federal (PWA) work on the Grand River Dam, eventually turned completely against his party and the New Deal...
...government. Next spring or summer, Red China will begin its long-awaited attack on Quemoy and Matsu. The Matsus will be captured by the Chinese. A slump is due for midyear. However, I predict the Eisenhower Administration will dust off various public works plans reminiscent of Harold Ickes' PWA days. Congress will vote a very modest tax relief for low-income groups only. In midwinter President Eisenhower will announce that he will not run again. On the Democratic side, Adlai Stevenson will get the nomination; but Harry Truman, once bitter against Senator Kefauver, this time will throw his weight...
...suffering from a paralytic failure of nerve. F.D.R.'s "The only thing we have to fear is fear itself" injected the adrenaline of confidence into the fluttering heart of the nation's economy. It was followed by the wonder-and-blunder drugs-NRA, AAA, PWA, etc.-of the "First Hundred Days." The New Deal was born more or less by executive fiat, but Will Rogers probably echoed the electorate when he wrote, "I don't know what additional authority Roosevelt may ask, but give it to him, even if it's to drown...