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! • Za tts© pe*pia%i%aa «f th» proyoaod projjyam ft o*m*s* mm
foatiblo mrvmtM of fo&oral ttptadMnvot ml<m% oosnotnwtioii IJtaot on a
t t t i Arnold -whloft M M fmAtfc th© faa&S»m of oa^lojpswat and ottmsM&o

&* ^«nKnsaant prtMwvd oitly to far &
S*

Xt l o tmXlwod that Mm peognm %m *mmA wmtmlmlly

l« A goransaont O)ojs#ti*iittion

IHPO^WSS

If «st>hiurl6 i s

isnTolvixtg tho sasptBdii&ir© of 6 b i l l i o n

ftfvrt&t a T©ls.i3^t of m$t®ymm& omatl to that
in ta» pwiod 10t&4f •
«salomlati<mi from M S t$ 1919 t o t a l dollar ^»l\mo of
IX b U U o n aM U
I t i s ««tijaat«d t3mt oonotruotioB «Me%mtiAs t a % to a b i l l lor* dollars a
yaar %naul4 )HP ^ulTmlant iis gnagfto^sttBt* both e i r ^ t «md ladtr«st f and in
r«al Iwoowi t o th« highar dollar voltBaes of eon*tracti<sa l a tha 192 -2&
parlod, Friipsfeo oofUFtntotiosi a t th» pgrwwRt tta» i« at the rat* of 8 |
t o f VtUion dollars p*ar jpsar ao tliat ih# ai of a •:<w«rnai»nt
of I b i l l i o n 4^aimr« p«r |p®»r woula bring tti© t o t a l
«9 t o the ?# ?airod fignro of 7 | t o a b i l l i o n dollare*
Z* AsouMt that th© ^flftwrwwiiit pfogvia w o l d bo so oarriod out that I t ~
w
1

•

-nAmtai-

N t t M y riawRooci

imatlaeai «i®o asstao* tlnit oir«r

a 6*y*i&r period privmt* ooBttra.et.iatt m .14 ^roatly J^oroaio at a rosult of
ittg butlaoa* imAor tht rtirwlu* of largo




ymfwrmmt

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^ t!M o b l l ^ t l o n of tilt public body
to r^pfawat «f i 0 ^ 9f tiie toted

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XwOQO^QQ^QOO

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fit

aft*
(») Sosd is also roOoOtod fcy 1&a a m ttea 800 United dividend
?lia*tlano am. f11® in t&* Bouaia^; ^lTislon* ajaota&isg to a^arartmtoly I
dollar** t% r*$aoat« fin* Sfoaaoriag p p
s d

aad «srtfeorltl«* for ovor t

of * i«liUllaa toll** m&mAito** la 6
Is m&m up M n>llon«»i (1) f4#ST%O0O»O®0 t o be «3cpc«td«d i&
tO00

#r «v«P# ^hiefe ta»uX4 « « ^ l y 1«390#000 visits a t as* *v«ift§#

e<»t par -Jftit of f8fS00 i2jclu«lT» of landf title ftg*are I s 20 per ©ant of the
of ^$37^000 wiitet

I t pswl&a* far tekijag ^f&r# of

of istwdiato iwusing r»quirwianta t and *8*»third of th
sstttd of th* wnet f | i M N (t) NV t t M t i w&mt 3T:#000 isa a4dltloaal 1 ;
d»llar« i« prmrid^d, Mridag a t o t a l of 0 !»llli®xt dollars*
period ^thout: l^baroat I t
"by tit* propoaod iMmtag progrsm I s
pootod t o diaialaH jmlloT axpati^ltarwe, a^d sineo
aid iMI ittfelMttMliVy f ^ u i t e bo ^prodnaod a t % rmtiemX
tha proa«at aaod« Frivato antorprlfto oaasttat $ro&to« ada^uato hausiag for
lo* Immm tw&llim$ aor oau i t oloar «ad robulld slixa arami :sflthoufc r«*
ow iaooa* tonamts %&t&, a low aodorai® 1BAO»O sro«^ itdak on a largo
soalo opafatloi& m*l& disrupt 1&» uttolo payulntion of a oitgr»




mfm

Rural

1 - y

-vVena

• '••\

.'•"•• -i

TOt?4

filiroei,
iwe

*3oo.c0O00G

125,000
41« f 000

atMP

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J.

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41S#C3O0

•

10?#CTO
iX/.pOO
?o^j».OJO^

liJM

litdost. Sa&ta&r 1*1

for

or

to be
for

for

in ti» rural
f laid r«Mt)i a m»iiitw> ttf t

to b«

n HM tesi« of
«mrrl«« & totftl of
to «xco*d ^8f00O per xmltt ^Usli «e^U imlM* Xmti
thio es^Mw^it«r« «oa!4 proviso l>«iiit—dit for

900#OCH) ffistlli#s»

from th« iit^Nr of

0*111&£ $vr



et about ^30 sUllnn dollare*
Is poo«ibl# a« thoi rooult of prollwtiiary

.

I

pit

basl* over a lO-grewr p#rlod

IDS?

Wi ...

^ | W |

u

tos MM 4Xi!3&n*%la& ?>^ 0Mif

Us r u n l

t*

uM #an*l#d tfers^h a f l t »




m

180,000

, .. ,

1M0

i

,
tyiwwutiniiw

th» m*rk projoated
(n)

it parfc

high

(b) tatyy tr»ffi« high
nil

lew

in

fund* pp^p
pUcwtloa of this aim

Rvt>ilablo la

l # ltfS

i* not

* la mm mtmmk, %& t h l i

of
• ich

will

for



f

lii B

It

mm

t»x »f | ^ per

- - ; • ; • - •

Ml

•

tD,

WB

- . - ; . . ' . r .

«a.000.000

80.000

of

of

I roods



60.000

Tho torn* t f tfcfti ®-r«fco» of los&e nould bo # 1 th» baal*

for

jnyjf* ^NKSSMMKw ® * fSl^iXiiB *.®ft3>, 3iO3P *3lsO I'Jjrtfw

with tho fourth y»*r M i to bo oooi9l«tod i
loom mould »• la th« form of Juaior ls®sd« or i

-t^uri)

iSCa
firat (MM

. ,

J

114,000

»^fOO^d

S4'»0M

,185,

dinwt

,750 9

of

Iss

of wh.i©h IS#4 pw
for total fM

•lootrifioo.tioii. i f «^praae femt^Iy St447§i9S6 llMMti

tho fMTOHmt pregNez Is
«ro laswdiat«

on surooys iMith iadiofttm tH»t nt l a«t X,$00,000
uoore or oXootrior

! N i t ftaem M l i» Xoeatod

that at tho r*t« tf four ouatuwort por «Uo S0(>#000 ulleo of
b# roquired* ^uoh Xls»» w i l d ooot »ot to w i i t f l il,00O p*r
of 300 aillldn dollars*



I

Xla«« -Her-.Aid
or »

he

j g *

M

nl£ b© built

tmnrtm

ttmt *

M

PubXltt "Vi'orks Progwrn

(ft) ?-*if«X!qttidftt!&g

pm$mUt

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;

— - • • . ; : . . .

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^000

Mil

n




:&&

Jim

p i

«2,

I t , -o .-, i .0
10 # 600 t 000
Eft!

MA
Jyft«r f I r t t

ar# for JEM&aaatloft

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y«r,

>r,

y,

aolf-

liquidating sin
at a lo«ar oo»t

to

y*r*W

r '*ark la

.:;

b# aarod frcn daatm«tian oy forest flfia li
to



#ftt&aata6 «Kpo*i ^itup© for euch prenrtstativ*

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m m
is

of
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Si

^rlor pubXi©

bo«o

the

yoar l.'S6 far publie

A bruuJfldowi

as




lUt&flf
hmmm

at«r

this prognm la

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ts «hl^i O U b^ justi
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{Br#s«aifely «fcir^ dli

1 In this p*^$ffsa MO ^tllllsHi doXl^r?
«•*•!

it MgMMMMto)

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j waleh i , ..JU

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s rs^olisr •x..-'«*iitujtt;=

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O

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projects t mid t o
tb* 1wi»i« infMnnitlaa ^!i«*»g^©ist tins <»!«ttr5?' aiMNWwar:/ far th# «unr«y« | y ths-




fcarwy wid ths Cosjit «nd Q#odMti« ^urvsy should
this IMMMI mrfc mm? % « «ntir« 00^
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