Word: pwa
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...weeds." Tenderly cultivated by TVA Director David Eli Lilienthal, the flower budded prettily last summer when Electric Bond & Share agreed, at pistol point, to sell its Knoxville, Tenn. power & light properties to TVA. The pistol was the threat that Knoxville would build its own distributing system with a PWA loan-grant (TIME, July...
...unlimited wealth. To most Republican stumpsters the Democratic campaign chest this year is the U. S. Treasury. The New Deal has promised and paid over $2,000,000,000 in relief to some 4,000,000 families. It is distributing hundreds of millions to farmers under AAA, billions under PWA contracts. It has put 100,000 new political officeholders on the Federal payroll. Lest these benefactions be forgotten the Democratic National Committee has compiled a list of the New Deal's cash donations to every state, to election districts. Said oldtime Democrat James A. Reed of Missouri, speaking last...
...date PWA has earmarked $146,000,000 for the Government itself to tear down slums in 33 cities, build places fit to live in. Of a total of 39 projects, not a spadeful of earth has been broken. Only in eight cases have steps been taken to acquire the ground. To blame: greedy landowners, hostile landlords, pettifogging politicians...
Earliest of the Administration's housing programs was the set-up whereby PWA would advance money to private limited dividend corporations to erect model housing communities. Results have been almost grotesque. Two projects are under way in New York City, one in The Bronx called Hillside, one in Queens called Boulevard Gardens...
...announcement last week, New York from $13 per share to $18. Both stocks would have soared astronomically if the outlook had been as sweet as it first appeared. Most railroads have no cash to spare for such improvements, even though they will save money in the end. Prospects of PWA brake loans are bleak...