The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1946-02-09
WYATT URGES TWO
MILLION HOMES
fcontinued from Page One)
d .1,ocate materials to areas
where, a,La thew are most needed.
Rigeest In History

allocate materials to areas
s s,ta thew are most needed.
"''e biggest In History
,u,+rc building plan exceeds
.nv other in the nations history y;
any a. S.1 u for 10000 moderate ana md
Iow.cost houses to be started 1nls
'ow.o roore than double the pre-,
vious 1e4e goal-and Tor l'ooo'000
to be started in 1s47. ,,r.r
" The HI majority would be CONVEX owen
t;onal homes, others prefaorlea'ea'
h tlUlAi al 1l' except 100000 would be
pe Tns program calls for private e
an + to assume the leaoing
role ro1so with government financia a.
priorities and ALLEGATIONS aS; 49,
ance to channel materials ' .o1,
homes and rental housing 10 se at
for $4,000 or less or rent Tor no.
more than $50 month. IL
The essential first step" is W
step I'D the flow OF materials ~.
home.building, Wyatt said: war war
n1ants would be used, and the cos'
and risk Of expanding plant 1acln'
ties would be shared by the gov
eminent as was done during inc
war with the Reconstructloh
Finance corporation, playing inc
major role in financing.
Five Billion Outlay
Total national outlay for maze
rails was estimated at $5'zoo'ooo''
900 for both years.
Up to 5000, 900, 600 in premium
navnne -+s'' to increase production
was called for. These would %
made for increased production O.
new-type and conventional maze
rails, and also to meet rising pro.
duction costs due to overtime OF
addition of extra shifts.
Wage-price adjustments or price
increases should be made where
necessary and not inflationary, ne
said.
The Imperative" legislation re
ouested by Wyatt was for autnor
ization of the $500, 900, 900 for pre-
MUM payments, and Legislation
to-:
Stimulate Research
e /. Make funds available wne'
, necessary to stimulate technlca
research into new constructor
methods and materials by privat
: research groups and absorb de
velopmental costs in devising neV
methods and materials.
: 2. Permit rapid tax amortiza
A ton of new plant facilities which
produce new materials or manu-
: featured homes.
8. Permit the construction 0
1 -lai+inna1 rental units and low
: based on necessary curren
costs"
: T. Extend authority for priori
E ties and ALLEGATIONS to Decembe
81, 1947.
< 5. An additional appropriation
of $3.50, 100000 to provide 10000
temporary housing units for tn
most urgent needs of veteran
: in cities and colleges. This woult
: include conversion of surplus bar
racks and other war housing.
II Stop Initiation
. 6. Price control to stop initiation
on old and new houses and build
t ing sites. The government viii
use it's present power to curb in
flation ito the full" including
+ strict control over prices of ma
terials and continuation of rem
controls, Wyatt said.
}, 7. Extend necessary financing
and other aid provided in the Wag.
ner-Ellender-Taft housing bill. This
!, would include expansion Of sound
. government insurance of mortgage
loans to encourage housing for
families of moderate and low in.
comes.
Realistic Plan
Wyatt told the president that he
/ had prepared a bold and realistic
! plan to meet the pressing housing
needs of our veterans" as Mr.. Tru.
man had asked him to do. He sale
, that while the goal of 2,7OO, OO(
might seem as unreachable as the
goal of $4,000 aircraft which the
late President Roosevelt set early
in the war, cit is attainable."
While veterans would be giver
, preference on rent or purchase Of
homes built under the program
, provision would be made for non
veteran hardship cases.
Other points in the program:
I 100000 Workers
l. Recruitment of 1,5O0,0O ad
ditional workers for Residential,
construction, tripling the present
labor force.
2. Postponement OF deferrable
and non-essential construction for
, the rest Of 1916 to release ma.
terials and labor for veterans
homes.
3. Use of $1,000, 900, 900 of new
or substitute materials, such as
composition and plastics, for floors
instead Of wood, and for many
pre-fabricated houses.
4. Community participation to
parallel Federal action through
emergency housing committees.
3. Unused war plants and ia.
cllitieS ara r. bo oopyartod for