Federal Assistance to Increase Public School Construction: Hearings Before the Committee on Labor and Public Welfare, United States Senate, Eighty-fourth Congress, First Session, on S. 968, a Bill to Authorize Federal Assistance to States and Communities to Enable Them to Increase Public Elementary and Secondary School ConstructionU.S. Government Printing Office, 1955 - 388 pages |
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Page 30
... bond issue that could be used for the purchase of bonds which otherwise would not be salable . But there are a number of conditions that are attached to that . For instance , the $ 750 million or any part of it could be used only in ...
... bond issue that could be used for the purchase of bonds which otherwise would not be salable . But there are a number of conditions that are attached to that . For instance , the $ 750 million or any part of it could be used only in ...
Page 36
... virtually rejects , the idea of Federal appropriation for school construction generally , and centers its attention upon making it easier for States and localities to issue bonds to finance school construction ? Secretary Hobby .
... virtually rejects , the idea of Federal appropriation for school construction generally , and centers its attention upon making it easier for States and localities to issue bonds to finance school construction ? Secretary Hobby .
Page 59
School rate includes $ 5.25 levy for debt and improvement . 87 Compton , Calif .: County rate includes $ 8.51 ... City rate includes $ 3.78 debt service and $ 0.87 recreation rates . ... City rate includes $ 8.80 bond issue levy .
School rate includes $ 5.25 levy for debt and improvement . 87 Compton , Calif .: County rate includes $ 8.51 ... City rate includes $ 3.78 debt service and $ 0.87 recreation rates . ... City rate includes $ 8.80 bond issue levy .
Page 65
Do you think the Wall Street Journal was correct in its issue of February 8 when it said that the average rate for ... Well , in figuring what an average is , one must consider the fact that it is composed of lots of bond sales which ...
Do you think the Wall Street Journal was correct in its issue of February 8 when it said that the average rate for ... Well , in figuring what an average is , one must consider the fact that it is composed of lots of bond sales which ...
Page 66
Now , supposing you buy 60 percent of these bonds , what happens to the remaining 40 percent ? ... I am sure you are much more aware than I am , generally speaking , on a bond issue there may well be many purchasers who simultaneously ...
Now , supposing you buy 60 percent of these bonds , what happens to the remaining 40 percent ? ... I am sure you are much more aware than I am , generally speaking , on a bond issue there may well be many purchasers who simultaneously ...
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Common terms and phrases
able additional administration agency amendment amount applicable appropriation approved assessed assistance association basis believe bill bond issue borrow BROWNELL CARR Chairman Hill City classrooms Commissioner committee communities concerned constitutional cost County course Court debt debt limits Doctor educational agency effect established facilities fact Federal Government financing follows FULLER funds give grants increase interest interest rate Jersey lease legislation Maine matter mean meet million necessary obligations officers operation payment Pennsylvania percent period possible present problem proposed purchase question rate includes reason referred rent rental require responsibility school building authority school construction school districts Secretary HOBBY Senator ALLOTT Senator DOUGLAS Senator LEHMAN Senator SMITH statement thing tion title II true United
Popular passages
Page 12 - State educational agency" means the State board of education or other agency or officer primarily responsible for the State supervision of public elementary and secondary schools, or, if there is no such officer or agency, an officer or agency designated by the Governor or by State law. (d) The term "local educational agency...
Page 10 - ... will be paid wages at rates not less than those prevailing on similar construction in the locality as determined by the Secretary of Labor in accordance with the Davis-Bacon Act...
Page 2 - United States for the three most recent consecutive years for which satisfactory data are available from the Department of Commerce. Such promulgation shall be conclusive for each of the two fiscal years in the period beginning July 1 next succeeding such promulgation...
Page 3 - In the performance of, and with respect to, the functions, powers, and duties...
Page 13 - ... the court the record of the further proceedings. Such new or modified findings of fact shall likewise be conclusive if supported by substantial evidence.
Page 13 - The Commissioner may delegate any of his functions under this Act. except the making of regulations, to any officer or employee of the Office of Education.
Page 237 - ... including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds...
Page 7 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchase of such notes and obligations.
Page 10 - Islands, which is less than $5,000) shall be increased to that amount, the total of the increases thereby required being derived by proportionately reducing the allotments to each of the remaining States under the preceding sentence, but with such adjustments as may be necessary to prevent the allotment of any of such remaining States from being thereby reduced to less than that amount.
Page 381 - Compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of education to our democratic society. It is required in the performance of our most basic public responsibilities, even service in the armed forces. It is the very foundation of good citizenship.