The Waterbury Democrat., 1935-09-13

factors, dollars, men and time were the cardinal points. ~-
 He said an exhaustive study of PWA allocations already made showed that because of the nature of the work the peak of employ ment under them would not be reached until late in the spring possibly June.
 Work in the Winter
 To fill the gap during Decem- Der, January, February and March, he observed, the WPA would be called upon to provide projects upon which men could be put to work quickly.
 That means, he said, that the bulk of the unexpended balance out of the $4,000, 0,000 will go for projects that give the most em- ployment during those four months.
 By March, he remarked, those projects could taper off for then the PWA program would be ap- preaching it's high level.
 Approves Ickcs' Program
 In connection with Ickes' public works program, however, he casually remarked that he had ap- proved projects totaling $200,00O,- 900 representing a 45 per cent grant by the federal government.
 To this figure will be added $225,00O,00O by various municipal ities, making the total $425,000,- 900.
 Contracts, however, must be let by December 5 and the unit cost per man must not exceed $S5O.
 MT. Roosevelt explained that in addition, the PWA was checking on projects already authorized but which are not being pushed by cities. In these cases the projects VII be cancelled and the money used for new work. He estimated that at least $50,000,00O would be involved in this particular in- stance.
 Million Rcallocated
 Tn his recheck of the entire pro- gram, MT. Roosevelt revealed that $10O,OOO,OOO of $2O0, 100000 allo- cated to the urban housing program would be reallocated for other purposes as it was obvious that the original sum could not be used in the specified time.
 At the same time he added that th7 pWA was not restricted to the $20O, 100000 additional as there was the distinct possibility of other allocations following oc- casional rechecks.
 The $100,O00,000 will be trans. ferred to PWA projects.
 The president also said that as a result of careful scanning of the whole relief situation decision was made to allocate $85,00O,000 to .carry direct relief for six weeks. He termed this mopping up process.
 Balance of Year
 The president explained that ten ,tative figures had been arrived at flor the balance of the year for TUT sal rehabilitation. Rural relief and rural housing. He declined, how lever, to state the amount. All of them come under the rural resettle- ,ment administration headed by sRexford G., Tugwell.
 
 sances in the cities, MT. Roosevelt said he had discussed with his ad- s.visers the possibility of creating revolving fund, the general idea be- ing that the people organize a cor .porate entity and give back to the : government bonds of that entity. z Admitting that such a step re- quired legislation. He pointed out } however, that such securities would have a definite value and form the : basis of a permanent program for such work.
 |. On the question of rural electri- ! fication MT. Roosevelt remarked < that the program was a self-liqui- 2 dating one and that he planned to discuss with Administrator Morris Cooke and Jesse Jones, REC chair man, the advisability of the Recon struction Finance Corporation i financing large portion of the works. He expressed hope that : Jones' organization could bear a 7 portion of the cost.
 H In conclusion the president re- iterated his determination to put { 3,S00,000 men to work with the : least possible delay, adding that he wanted to carry out the contract of what he said to congress when he asked for the $4,880, ,O0O,0 As he finished his press confer