Word: pwa
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Round No. 3.-$1,450,000,000 for public works and $462,000,000 for housing, roads, flood control & Federal buildings.' Of the $1,450,000,000, $45,000,000 would be spent in cash immediately. The remaining billion would be loaned by Harold Ickes' PWA to States and other political subdivisions for public improvements. The only string would be that the works should be started within six months and completed within a year or year and a half. One new wrinkle in this works program was the suggestion that instead of the old loan-grant system...
...after his message last week Franklin Roosevelt said that he had received several hundred telegrams split up 7-to-1 in favor of his plan. That Congress, which will have to supply Round No. 1 (Relief) and Round No. 3 (PWA), was by no means sympathetic became apparent at once. Opposition wires soon started to flood the capital and the telegraph companies were expecting to be the first beneficiaries of the recovery program...
...PWA project work began 15 months ago converting the old single-track railroad line and its 80-mile string of ocean bridges into a 20-foot, two-lane highway between Lower Matecumbe Key and Key West. Widened and decked over with reinforced concrete slabs, the new road and its 30-year-old foundations are warranted hurricane proof by Government engineers. FERA and the Red Cross have built concrete storm shelters along the route, each supplied with emergency fresh water. The steel railroad rails have been economically reset as guard rails. Most of the workers were Key Westers from relief ranks...
...introduced in Congress by Senator Carter Glass with Franklin Roosevelt's approval was a bill to restore to RFC the power to make loans to "any business enterprise" which is unable to find funds elsewhere. RFC's original power to make self-liquidating loans was given to PWA in 1933 and RFC lending power is now limited by numerous restrictions. The Glass amendment is suggested only as an emergency measure to expire in a year's time...
...employs tactics "almost equivalent to gangsterism." His answer to the charges: 1) He had asked Dean Slowe to suggest an acting dean, sent her a note hoping she would soon be back; 2) Secretary of the Interior Harold Ickes had found "no implication of dishonesty" in the handling of PWA money or PWA lumber; 3) Laboratory Assistant Thompson had failed to produce evidence of a seduction...