Public Works Freeze Lifted for Army Engineers Projects
The Johnson administration ended a public works moratorium on Army Engineers and Reclamation Bureau projects. No formal notice was issued, but committees were informed on opening day of the new session, with a Budget Bureau spokesman confirming the move. The agencies must still meet Congress’s $4.1 billion domestic cut, and the tax surcharge remains unsettled.
MENTIONED IN THIS ARTICLE
Washington
Johnson Administration
Army Engineer and Reclamation Bureau
Budget Bureau
Congress
Johnson
House
Ways and Means Committee
Army Engineers
Army
Cal
Charles L. Schultze
Lbj Ranch
Weinberg
Moot
Fairbanks
SBA
No Dry-Up Seen In Housing In 1968
Housing and home mortgage industries weathered the first money crisis of the year and lenders report no evidence the 1966 housing recession will be repeated in 1968. Industry sources foresee high interest rates all year with slight relief if Congress cuts taxes and trims spending. Rates likely won’t fall below six percent. Savers in savings and loan associations avoided a large January withdrawal, easing potential mortgage money shortages after 1966’s deposit declines. Exact S&L figures arrive next month.
MENTIONED IN THIS ARTICLE
Washington
Congress
Savings and Loan Associations
S&l
Politically charged SBA disaster loans raise Alaska questions
The SBA handed large disaster loans after the Fairbanks flood, including $894,000 to L Donald Pruhs owner of the Golden Nugget Motel, a Democratic insider, while Gov. Walter Hickel’s Travelers Inn received $623,400. The Bud get Bureau and others questioned political influence as the funds covered refinancing and a long repayment period under disaster terms.
MENTIONED IN THIS ARTICLE
Washington
Alaska
Fairbanks
Small Business Administration
Budget Bureau
Robert M. Weinberg
SBA
Robert C. Moot
Chena River
L. Donald Pruhs
Golden Nugget
Pruhs
Democratic Central Committee
Party
Alex Miller
San Francisco
Travelers Inn
Walter J. Hickel
Hickei
Vernon
Hickel
Weinberg
Politi
Also Mentioned on This Page
Sheriff's Deputies
Ardmore
Okla
California
U.S
Leavenworth
Rowan
First National Bank OF Ottawa
Ford
Ford Ltd
Mercury
Ottawa
Kansas
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