The Waterbury Democrat., 1934-04-02

| the lU per cent wage lnCEedSe pEO- gram urged by President Roosevelt during the March general code au- thority conference. Prior to that MIRA had shortened the general average work week by 1-2 hours rates 1-2 cents, according to ad- ministration.
 Recovery administration expend- itures from June 30, 1888, to Feb- ruary 2S, 1884, were $3,600,000. On the basis of Johnson's re-em- ployment and payroll figures, MIRA has cost the taxpayer about $1 for each worker given job through MIRA or about one-hundredth of 8 cent for each dollar added to the industrial payroll.
 The cost to consumers in terms of higher prices defies calculation.
 Code provisions permitting in- dustrial and manufacturing price fixing have been challenged by the cabinet committee has been order- ed by MT Roosevelt to find a rem edy that will compel competition.
 Civil Work Administration
 New deal relief methods changed to-day with abandonment of CWA, which is transferring 100000 em- ergency workers to a new long term relief program.
 CWA's first payroll was on No- vember 23, 1883. Approximately ST. 100000 bas been spent; $750,00 1000 for wages and $25O,- 000,000 for material. CWA at it's peak gave jobs to more than 4,- 000,000 the average from Decem- Der 1, to March l, was 3,000,000 persons.
 About four-ifths of current CWA projects will be continued under the new program. Workers will refurnish, rebuild, enlarge and repair public buildings and per form similar tasks.
 Public Works Administration
 Administrator Harold l.. Ickes has allotted all of the $3.3O0,O0O, 900 appropriated by congress. It is estimated unofficially that 1,OO0,- 900 persons have been employed through projects financed by PWA. Ickes says $1,3S2,000,000 of the public works fund actually will go into the peoples pockets this year. He expects expenditures to reach their peak in June.
 Although $3,300, 00,0OO,000 has been allocated, actual PWA dis bursements so far are well under $1,000, 100000. :.
 Approximately 75 per cent of federal construction allotments ag- gregating S1,041, were in the construction contract stage on March 31.
 Emergency Conservation
 Organization
 April 5, will be the first birth- day of the Civilian Conservation Corps. Director Robert Fechner has spent approximately s250,- 000,0 900 and has given forestry and similar jobs to 500.000 persons, most of them youths. The author ized strength to-day is 303,525 per- sons composed of 250.000 youths, 28,125 war veterans and 25,400 ex- perienced woodsmen. eco oper- ates 1,46S camps.
 Banks
 Twenty-Five small banks failed in the first three months of 1884. and failed to reopen.
 Approximately 2.000 banks which were not licensed immed- lately after the moratorium have Opcuca H4lco m4IVH AVs 4VcOs Home Owners Loan Cooperation This corporation, refinancing mortgages for hard-pressed home owners, has made 138,l75 loans asgregating g$392,296,723. ' It has one | of the larger administrative pay rolls: s12.000 salaried employees and 10000 appraisers, title experts. etc. whose fees are paid by the mortgagor, Farm Credit Administration l Indebted farmers have borrowed in excess of $a32,O00,O00 from this organization. Loans average $14o,- 900 for each of the, s,072 counties in the United States. The adminis- tration has resources of $2.00O.- 1 100000. Federal Surplus Relief Corporation l This administration has spent 3f00. GOO, ,0o0 since November l, to tfeed and NtrH tIose unable 10 Ind.