Evening star., 1938-07-03
P. v. A. |ND0RSES
Il STATES Jobs
U. S. Spending for Relief
and lob Making Seen
$780, 900, 900 a Month.
Ey the Associated Press.

Ey the Associated Press.
Two Government agencies-shock
troops in the spending and lending
attack on the depression disclosed
yesterday they had ordered additional
millions of dollars to the front line.
The Public Works Administration
approved 54 additional projects in II
States. 1t agreed to grant $4.37l ,939
and lend $4,000 to finance them.
At the same time the Federal Sur
plus Commodities Corp. announced it
had bought $4,000 900 worth of -four
and wheat cereal products last week
to be distributed free to families on re-
liet.
The Government thus swung further
into its spending-lending program.
which experts said would lift Federal
spending for relief and job making to
monthly average of around $780,
100000 before the end OF the sum-
mer.
S3oo.oo0.eoo Figure Seen.
Some OF Uncle Sans economists.
scanning the spending outlook, said
they expected the monthly rate of
disbursements to reach about $780,
100000 by the end Of the year. This
rate, some said. probably would be
maintained through the first half of
next year. How soon this spending
might jolt the Nations business and
industrial machine definitely of dead
center few were willing to predict.
A hopeful view held by some ex-
perts was that by Labor Day Federal
dollars pouring through relief and
public works agencies would provide
the fuel to speed up consumer buying
power and encourage the heavy indus
tries to swing into action.
Ofhcials working on the spending
program said they saw signs last week
that business was preparing to in
crease activity.
Other Developments.
One leading New Dealer mentioned
other developments as indications
Government money might be going
into fertile field. He referred to rising
prices for securities and commodities
including basic raw materials like
scrap steel, zinc. copper, rubber and
silk.
There are prospects that relief and
public works agencies, Federal lending
corporations and the Army and Navy
will spend about s8.500, ,000, 900 in the
new fiscal year which began Friday.
Some Of this money will be returnable
to the Treasury.
Here are some Of the things the
Government proposes to do with the
money. +
l. The Works Progress Administra- =
ton will increase its spending to pro-
vide jobs for a maximum of about
100000 persons.
Billion on Public Works.
2. The Public Works Administration
is empowered to spend up to 81, ,OO0,-
100000 on various heavy public works.
3. The Civilian Conservation Corps
has at its disposal s286, ,000, 900 to
retair, its present enrolment of
100000 youths and veterans. Other
agencies, like the National Youth Ad-
ministration, also have received new
funds
4. The Navy will begin construction
OF 80 more ships, including four $7O,-
100000 battleships.
S. The Army will expand personnel.
s. The Reconstruction Finance Corp.
has offered to advance many millions
to finance public purchase of private
utilities.
7. Other lending agencies, especially
those concerned with home ownership,
will continue operations.
8. The Treasury will spend about
$4,000, 900 for new buildings through
out the Nation.