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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
nSeiag A t r i a l &f
f t r wwHi vntt
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too
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of
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no
as
^ 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
MMoi
417f000
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ort» Aa«tnl»trfttioi3it
,
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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** ts%d r*$aoat« fin* Sfoaaoriag p p
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
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.'•"•• -i
TOt?4
filiroei,
iwe
*3oo.c0O00G
125,000
41« f 000
atMP
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41S#C3O0
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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
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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
«a.000.000
- . - ; . . ' . r .
•
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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Mil
n
:&&
Jim
p i
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10 # 600 t 000
Eft!
MA
Jyft«r f I r t t
ar# for JEM&aaatloft
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y«r,
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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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Si
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bo«o
the
yoar l.'S6 far publie
A bruuJfldowi
as
lUt&flf
hmmm
at«r
this prognm la
laalndsd In th» pr«»ftai*d
}*.» '.
; »i
%» llaUtispslliis)
ts «hl^i OKU b^ justi
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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? %H« «ntir« 00^
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