Word: pwa
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...sleeves and seersucker pants. With hawk-sharp eye, he vetoed a batch of little pension and claim bills, several efforts to expand veterans' compensation, a $3,260,000 building program for the Bureau of Fisheries, a pay-raiser for the Immigration & Naturalization Services, a bill enforcing publicity for PWA subcontractors and material men. These brought his veto record up above 300 since 1933, second only to Grover Cleveland's two-term record of 344 vetoes...
...PWA. Greatest fanfare about new Lending & Spending came from the Federal Emergency Administration of Public Works (PWA), with a fresh $965,000,000 to allocate. Into his offices with his bride marched the newlywed PWAdministrator and Secretary of the Interior, beaming Harold LeClair Ickes.* Out of his offices soon issued five fat volumes listing 1,432 projects which PWA would start at once. For these, PWA was supplying $17,862,500 in loans, $157,332,741 in grants. Another $175,195,241 was to come from the projects' promoters-so that much more would rain down, in addition...
...fifth anniversary last week, PWA proudly pointed out that it had brought forth 25,000 permanent improvements on the U. S. scene. For the first 2,000 projects of its 1938 program, which include everything from a subway for Chicago to fleet moorings for the Navy, the following amounts of materials would be ordered in the next few months from U. S. industry...
Presumably put through privately by Chairman Jones and Daniel Willard Jr., the deal was as fabulous as it was timely: through RFC, B. & O. sold its down-at-the-heel canal to PWA (subject to a court receivership settlement) for $2,000,000, approximately $1,000,000 above its book value, thereby getting enough cash to meet its interest payments. Exactly what PWA will do with its canal is still uncertain. According to present plans, it will turn the property over to National Park Service, which may restore the picturesque taverns and lock houses flanking the waterway. The 22-mile...
...With hordes of lobbyists pouring into Washington to grab PWA allotments for their localities from the new Lend-Spend millions, the President announced that such lobbyists would only weaken their localities' cases...