RELIEF: Applied Economy

Last week the U. S. people were witnessing and undergoing an experiment in applied Economy. The Congressmen who initiated it having gone home to their guinea pigs, the officials who had to direct it from Washington went sadly but not silently to work.

"PWA simply has no funds to administer any program beyond next June 30," said Federal Works Administrator John M. Carmody, explaining why he must fire half his staff of 10/417 by January i, wind up all PWA public housing, power and similar projects by the end of fiscal 1940.

Works Projects'...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!