Word: pwa
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...case of the misused PWA money: Because of irregularities in the expenditure of PWA money for college buildings, the university had to return $32,000 to the U. S. Government. Particularly pointed were alumni references to the mystery of the "missing" lumber, $545 worth of PWA wood which President Johnson was accused of having spirited away at dead of night...
...record as a utility business. Since 1934 TVA has made a total net income of $2,087,497 by selling power to 17 municipalities and 15 co-operatives in four States-Alabama, Tennessee, Mississippi and Georgia. Many localities have been helped to buy or build their distributing systems by PWA loans-and-grants of which up to 45% may be outright gifts. This month when the Supreme Court upheld the legality of such PWA assistance, the way was cleared for releasing $146,917,803 in approved grants which had been held up for three years, and a good share...
...England, reared in Utah which sent him to the Senate in 1905 and 1911, slim, grey-bearded old Justice Sutherland voted against the New Deal in twelve important Court decisions before he wrote last fortnight a unanimous opinion sustaining the Government's right to finance power plants with PWA funds. In retirement, he will live in Washington, stand ready to serve occasionally in crowded lower courts-like Justice Van Devanter (see p. 18). Since all eight remaining Justices, except Minnesota's Butler, come from East and South, it seemed a virtual certainty that Justice Sutherland's successor...
Surprise. Few practices arouse more bitterness among utility men than that of Federal money to build municipal plants which compete with private companies. When the PWA made a loan and grant to establish public plants in four small northern Alabama communities, the constitutionality of the project was promptly attacked by Commonwealth & Southern's subsidiary Alabama Power Co. A similar action was brought by Duke Power Co. against Greenwood County, S. C., which obtained a PWA loan and grant for construction of the Buzzard Roost hydro-electric project on the Saluda River. Both companies charged that PWA Administrator Harold...
...President's desire for a balanced budget. Biggest slash being considered-in anticipation of the President's budget message to the regular session-was $500,000,000 from the $1,500,000,000 relief appropriation for the current fiscal year. Others were $100,000,000 from the PWA's appropriation of $600,000,000, $75,000,000 from the Civilian Conservation Corps's $275,000,000. With the addition of other minor cuts along the line, as well as the $112,000,000 asked by the President from its road-building largesse to the States...