Evening star., 1933-10-15

the District having on hand some
money toward meeting the rest of the
cost These applications, which in
cluded an addition to Gallinger Hos
pital and two school building projects,
have not yet been acted on. The Com
missioners submitted in all, request
for grants amounting to approximately
S22000,000. The sewer grant of $l,759,-
500 is the only item on the list that has
been approved thus far.
sI,S5s,591,410 Allotted.
Up to a few days ago the Public
Works Administration had allotted for
all purposes sl,653, 3,5s1, ,41O out of the
50, 300, 100000 in the recovery act
Taking cut the s1SO,O38.204 of non-
Federal projects and the $400 900, 900 OF
Federal highway money already re-
ferred to, there is a total of approxi-
mately 81 l,000,O 100000 allotted so far for
Federal projects throughout the ceun-
try.
In addition to the S1,75s,500 of sewer
fnoney-which is the only grant made
for strictly, a municipal purpose in the
District SO far-the Public Works Agency
has made a number of allotments to
National institutions and agencies
within the District as follows: Colun1-
bia Institution for the Deaf, $4,000,
Freedman's Hospital supported on q
$3.50 basis between the United States
and the District of Columbia), $4,000;
Howard University, $1,0ls,5ll; ST. Eliza.
oeths Hospital, $3.50 900; National Train
ing School for Boys, S93,S45; for ifil-
provment Of the Mail area between the
Capitol and the Monument Grounds,
$500, 900; for Library Of Congress AM
mex. S2,800,000; National Arb6retura,
S171 ,638, and for the Navy Yard, $780,
900. These items total s5,s56,264
1t is not possible to determine exactly
at this time how much of the public
works money for Federal purposes
throughout the country Is to be spent
in each State, since some Of the Federal
cal areas rather than individual States.
Even if the $l,759, 500 sewer grant and
the $5956.264 of non municipal items
are considered together, however, 1t
means that cut Of approximately ST.
600 ,OOO,000 allotted SO far under the
heading of Federal projects for the
country as a whole and not shown in
detail in the accompanying table, only
S7.715,764 is for expenditure within
the District of Columbia area.
The seventh column tG) shows how
eighteen cotton growing States are
sharing in the distribution of s111,772,-
333 for reducing acreage under the
agreements made Between the growers
and the Agricultural Adjustment Ad-
riinistrat;on under the new farm re-
crops, which AFFECT the farmers ad-
yersely. A processing tax is levied to
reimburse the Government for these
expenditures. Under the farm relief
act similar agreements are being worked
out with the tobacco growers. wheat
farmers and other groups. but statistics
on these commodities are not yet avaii-
able.
Grants and Loans Totals.
The last column shows the total
received by each State IN grants ana
leans under these various head d1ngs.
The total for each State In terms OF
percentage is shown in the last column
of the small table. and these percent
ages are compared with the pefcent-
age of population and the percentage
of internal revenue payments made by
each State in the last fiscal year.
This grand total of $1,34O, ,52O, ,s82
covers only those factors in the Gov
ernments recovery program Of the past
18 months which can be classl1ed
definitely by State boundaries.
AS previously pointed out, it does not
include the approximately ST 100000. 900
allocated to date by the Public Works
Administration for Federal purposes
exclusive of the S400,000,000 highway
fund and the $180,038. .204 of non-Fed-
eral projects.
Neither does it include cash advances
aggregating $2.246, ,805, ,9l9.60 on loans
BY the R. F. C. made from February,
1882. to August, 1888. to banks and
trust companies, railroads, mortgage
lean companies, regional agriculture
credit corporations, building assocla-
items, insurance companies. Federal
land banks, live stock credit corpora:
tiens, joint stock land banks. Federal
intermediate credit banks. agricultural
credit corporations and credit unions.
Tne r. F. c. has not made available
statistics showing the separation OF
these loans according to States. Up
to August 20 of this. year repayments
had been made on these loans in the
aggregate amount of $772,084 1902 rs.
Out of these figures the part advanced
to banks was 81 ,277 ,021 ,02l.29, OF which
$3.50, APO, ,304.79, or As per cent, mas
been repaid. according to an R. F. Z.
statement issued early in September.
The r. F. c. also has advanced funds
to the Department Of Agriculture for
crop loans, and to a number of other
governmental agencies, such as the
purchase of Home Loan Bank stock,
and Home Owners Loan Corporation
stock. The r. F. C.. also has aided IN
the organization or reorganization OF
banks BY purchase of preferred stock,
purchase OF capital notes and deben-
lures, or through loans secured by
preferred stock.
Part of r. F. c. Activities.
The r. F. c. activities shown in the
accompanying table, therefore. In COL
unlIs tA) and (Dl, represent only
part of the work Of that agency. The
sertetiber showed that cash advances
Amounting to S41,718,132 had been
made up to August 29 of this year
toward the financing Of the self-liqul-
dating projects that have been author
lied. This amount included $1,525, ,575
for rerair of damage caused by earth
quake, fire and tonado. The corporation
buys the securities of these projects
only as the progress of the work re-
The list of self -liduidating loans
authorized by the r. F. C.. includes
three large projects in California, which
had the effect of placing this State
la the lead for this class OF loans, and
Also out the state virtually on par
with New York in the totals for all
purposes included In the table. The
thres self.liquidating projects referred
10 are Metropolitan Water District OF
Southern California. aqueduct, $4,000
900 authorized; California Toll Bridge
Authority, toll bridge across San Fran
cisco Bay. sS1, 100000, and City OF Los
Angeles, department of water and
power, $22, 100000. These, together
with smaller projects in other parts OF
the State, made a total of $l32,075, 700
of authorized self -liquidating loans in
Yar.. DH0llHfS