Word: reforest
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This extraordinary borrowing is obviously not yet completed. Nobody knows exactly how many more billions Mr. Woodin will need to buy preferred stock in reopened banks, to relieve unemployment, to do over Muscle Shoals and the Tennessee Valley, to refinance farm and home mortgages, to reforest hills, to revamp railroads, to boost wheat, cotton and other prices. Selling a huge bond issue will not be easy until the public knows i) that the ordinary Budget is balanced; 2) what limit is going to be set on extraordinary expenditures...
...political triviality on the New York State ballot. Submitted to the people was a proposal to amend the Constitution so that the State might spend some $20,000 over a period of years buying up abandoned farms and denuded lands ad joining State parks, and proceed to reforest them. Governor Roosevelt, Tam many Hall and all New York Republicans supported the proposal on a non-partisan basis. Mr. Smith startled his party by a slashing and repeated attack on the Amendment as a "gold brick" designed only to benefit the lumber and pulp companies which had cut over...