Word: pwa
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...Charles Edison on the job. Recent naval history made it a formidable task. Post-War reaction against armaments in 1922 led the U. S. into the Washington (naval limitation) Treaty and a long naval sleep. Sailor Roosevelt woke up the country with a bang in 1933, dumped PWA funds into an emergency program, followed up with regular appropriations as soon as Depression I began to lift, has not let up during Depression II. On its Navy the U. S. has spent $2,742,000,000 since 1933, is asked to appropriate $785,987,000 more for the coming fiscal year...
...Chicago politics. A reformer himself, Editor Straus also raised hell with other local celebrities like Al Capone. Later he went to Washington as a Hearst correspondent and in June 1933, when Secretary of the Interior Ickes wanted a "director of information" (i. e., head pressagent) for Interior and PWA, he chose hell-raising Mike Straus. Since then the nation has heard plenty from him about Honest Harold Ickes...
Pressagent Straus runs his crew of ex-newsmen in PWA-Interior like a well-organized city staff, spurs them to dig up the kind of feature stories that newspapers are glad to get. Last week Mike Straus was pleased as punch over his latest job of pressagentry. From the slick, birch-lined radio studio atop the new Interior Building-only studio owned by any Government department-Mr. Ickes and assorted "Voices," hoofbeats, Indian drums, and aides broadcast a dramatization of Interior's 1938 report. Title of script was "My Dear Mr. President." Excerpt...
...seasoned promoter who helped put together Montana Power Co., Banker Myers was discovered by James Delmage Ross when that alert public utilitarian was trying to raise money for the municipal system he managed in Seattle. After Mr. Ross was turned down by PWA and cold-shouldered by bigtime financiers, Mr. Myers raised $22,500,000 for him. When Mr. Ross went on to SEC, and Los Angeles started looking around for $47,000,000 for a municipal utility system, he put Mr. Myers in the way of that job. Few months before leaving SEC to administer Washington's Bonneville...
Nebraska's "little TVA," a combination of three hydroelectric projects financed by $60,000,000 of PWA funds, encountered, besides charges of bad engineering, much the same sort of opposition as big TVA- suits, injunctions, bitter antagonism from already established power companies. As in the case of big TVA it finally boiled down to how the PWA "hydros" could market their power. The private companies were not interested in pulling the chestnuts out of the fire. Little TVA then considered building its own distributing system, which probably would mean ruin for all concerned. Then Guy Myers entered...