Word: pwa
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...canal is a farm. We carry it on our books at $4,000. Now if they will loan me 8,000 I will gladly "sell" it to the PWA and they can put a lot of men to work on it. By draining the alkali spot it can be made into a beautiful park or what...
Good old RFC & PWA! Now that they are in the business I do not hesitate longer in asking for my loan-or what...
Just what this broad promise meant became apparent last week as PWA Administrator Harold L. Ickes offered 21 municipalities a total of $9,527,995 to build plants of their own though they are already served by private utilities.* To receive these beneficences, the 21 municipalities, said Mr. Ickes. must "make 'reasonable efforts in good faith' to purchase the facilities with which the applicants would be in competition. . . ." Asked who would be the judge of such efforts, Public Works Administrator Ickes declared: "I don't know anyone better qualified to judge what is fair and reasonable than...
Efforts to end this stalemate reached a peak last month just before Congress passed the Lend-Spend bill. A provision in this bill forbidding PWA to build any more power plants in competition with private companies was removed by White House request, but Senate Majority Leader Barkley announced that "the President does not contemplate" any further such competition "unless and until such municipality as may apply for such allocation has in good faith made an offer to purchase the existing private plant...
...learned in previous years that announcement of the amounts of money he spends is a local publicity boomerang, Harry Hopkins talked of his plans in terms of men and jobs, not dollars. WPA's assignment is to take up unemployment slack rapidly at first, then more slowly as PWA's projects get going, then at full capacity when winter comes and heavy construction slows down. Last week WPA added 60,000 workers to its rolls, two-thirds of them in the Midwest and Mid-Atlantic regions. Similar increases will be made each week during the remainder of July...