Word: projects
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Dates: during 1930-1939
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...weeks the Administration has been split on the wisdom of pressing ahead with the U. S. public works program. One group, led by Budget Director Douglas, argued thus: "Natural recovery has started. There is no sense in piling up a large and unnecessary debt for projects that aren't really needed. Inflation has so boosted costs that $3,300,000,000 will build much less than it would two months ago and hence a reduced effect from such spending. Most States & cities do not really relish the idea of going into debt for 70% of a project just...
...limitations. The U. S. would not splurge on new public buildings; probably not more than six new post offices would be erected throughout the land. States & cities with hopelessly unbalanced budgets could expect neither gifts nor loans for public works. While self-liquidation was not a prerequisite for each project, every dollar spent must represent sound capital investment and make the U. S. a better, more comfortable land...
...that managements give first consideration to the improvement of operating figures by greatly increased sales to be expected from the rising purchasing power of the public. That is good economics and good business. . . . If we now inflate prices as fast and as far as we increase wages the whole project will be set at naught. . . . If we can . . . start a strong sound upward spiral of business activity our industries will have little doubt of black-ink operations in the last quarter of this year...
...then, while he worked as a draughtsman, to New York University. Last week a committee of Manhattan architects, including white-thatched Whitney Warren, Joseph Freedlander and Ely Kahn, awarded George Frei Jr. the two-and-a-half year Paris scholarship of the Society of Beaux-Arts Architects for a project to house a National Banking Board in a monumental group of buildings in Washington. No modernist, Architect Frei's buildings were designed in what he called "modified classicism," a style which seems to consist in substituting plain bands of stone for the traditional classic entablatures. Still Architect Frei believes...
...Straightway the Van Sweringens sat down to figure out their own consolidation. The Nickel Plate was making money and in 1922 they had it buy and absorb two smaller roads: the Toledo, St. Louis & Western ("Clover Leaf") and the Lake Erie & Western. But the brothers had a more ambitious project; they wanted the Chesapeake & Ohio. A block of 73,000 shares, a minority but practically a controlling interest in the C. & O., was held by the Huntington family of Los Angeles. In 1923 they bought this at $100 a share (although the market price was only $70-$80 the value...