Word: rea
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Dates: during 1930-1939
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...Wilson and his neighbor, E. C. Stieg. Promoters Wilson, Stieg and their neighbors borrowed $2,000,000 for their cooperative from the Rural Electrification Administration in Washington. What Governor Murphy called the "beginning of a new social order" for The Thumb, which will eventually own 1,300 miles of REA lines, was also a milestone for REA, the most extensive and expensive project it had yet promoted...
...farm homes in the U. S., today nearly 20% are wired for electricity. That is almost twice as many as were electrified when REA started operations in 1935. Since then REA has lent $90,000,000 to nearly 400 cooperatives, helped build some 84,000 miles of lines, which it strings at a cost not exceeding $1,000 a mile. Private utilities had been charging customers from $1,500 to $2,500 a mile for stringing lines to their doors. In 20 projects, notably The Thumb Cooperative, REA has also financed the building of generators, but other projects buy their...
...Most of REA's cooperators are farmers in sparsely settled districts which the nearest private power company has put in "cold storage" until they become populous enough to be served with profit. To get an REA loan, farmers usually first organize a cooperative, convince REA field inspectors that they can afford to buy enough electricity to pay for the lines. Not grants in any sense, REA loans must under present policies be liquidated within 20 years. Interest runs at the rate the Government pays on its own long-term obligations, currently 2.77%. Both REA and Electric Home and Farm...
...Notes and Comment," which leads off The New Yorker's "Talk of the Town" section. Last week's column, best & saddest of them all, was devoted to Manhattan's most popular mythical character, the top-hatted dandy (portrayed, in the full pride of youth, by Artist Rea Irvin) who on the first cover of The New Yorker, and every year on its anniversary issue in mid-February stares through his monocle at a butterfly...
...Greatest REA triumph was the ramshackle old cow barn with its dirt floor. To protect the 70 cows from flies there were electrically-charged copper screens. When a fly tried to get through the ½in. openings, there was a little flash, a ping -and the dead fly fell into a metal trough at the bottom of the window. Each cow had its individual drinking fountain, which spouted water when nuzzled. Cows were cooled by electric fans, clipped by electric razors, milked by electric machines. The hay they ate was hoisted into the trough by electric motors. The milk they...