Word: programming
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Dates: during 1930-1939
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...members of the Class of 1913, which will hold its 25th reunion this June. Pages 3, 4, 5, and 7 contain reprints of articles which appeared in the CRIMSON in the spring of 1913; a representative notice column of the period appears on page 5. The complete reunion program of the class may be found on page 3, including all the activities in which the class will indulge from Monday, June 20, to Thursday, June...
...repeated in the President's subsequent fireside chat (see p. 10). But the nub of the message was simply: "Viewed from every angle today's purchasing power-the citizen's income of today-is not sufficient to drive the economic system at higher speed." Thus the program itself was founded on the old pump-priming theory with five billions in cash and credit to do the trick. By various bits of legal and financial legerdemain the net cost to the taxpayer was described hopefully as a mere billion and a half. According to the President this would...
...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 by which 45% of the money was a Federal gift and the rest a loan, the total would be a loan but non-interest bearing. The net cost to the Federal Government, the President said, would be about...
...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...
Vice President Garner, who was amusing himself by trying to find a suitable Easter new hat (see cut), was rumored to disapprove and Senator Pat Harrison was noncommittal. Nonetheless, Congress likes to spend money, particularly in election years and the program was shrewdly divided so that every State and section could be sure of a fat share. In the last depression Congress habitually gave the President lump sums to spend as he wished. Best guess last week was that Congress would indeed give the President what he wanted but this time with more specific instructions as to precisely where...