Not in many a month had Washington whiffed such a steamy mess. Smack in the middle of it was Housing Boss Wilson Wyatt's huge emergency housing program. And at the rate the pot was boiling, the big plan would soon be cooked.
Boss Wyatt was the one who put the pot on the fire. He wanted RFC to lend up to $90,000,000 to eleven companies, some of which had never built houses, to build prefabricated houses and housing parts. Biggest loan would go to Chicago's Lustron Corp., along with a lease on Chicago's RFC-owned Dodge-Chrysler plant (TIME, Nov. 11). RFC's roly-poly...
To continue reading:
or
Log-In
