>Ohio's ambitious Republican Senator Taft strove vainly last week to prevent the Senate from doubling U. S. Housing Authority's $800,000,000 loan capital for slum clearance. Half that much more would be enough, he thought. U. S. H. A. is authorized for the next 60 years to give municipalities outright rent subsidies, which help them pay interest & principal on their loans. Senator Taft thought that upping the annual rent subsidy from $28,000,000 to $58,000,000 (instead of the $73,000,000) was plenty. The Senate repeatedly overrode the Senator, one of whose strongest arguments was...
To continue reading:
or
Log-In
