National Highway Program: Hearings Before the Committee on Public Works, House of Representatives, Eighty-fourth Congress, First Session, on H. R. 4260, to Create a Federal Highway Corporation for Financing the Construction of the National System of Interstate Highways; to Amend and Supplement the Federal-aid Road Act Approved July 11, 1916 (39 Stat. 355), as Amended and Supplemented; and for Other Purposes ...U.S. Government Printing Office, 1955 - 1339 pages |
From inside the book
Results 6-10 of 76
Page 43
... Jones . Mr. JONES . How much money will be expended under the terms of this bill , Mr. Secretary ? Secretary WEEKS . $ 27 billion . Mr. JONES . $ 27 billion all told ? Secretary WEEKS . Under the terms of the bill $ 27 billion , plus ...
... Jones . Mr. JONES . How much money will be expended under the terms of this bill , Mr. Secretary ? Secretary WEEKS . $ 27 billion . Mr. JONES . $ 27 billion all told ? Secretary WEEKS . Under the terms of the bill $ 27 billion , plus ...
Page 44
... JONES . Where does the figure come from that has been reported , namely $ 101 billion ? Secretary WEEKS . That was an estimate of the Clay committee applicable to the total needs of the country in all types of roads , including roads ...
... JONES . Where does the figure come from that has been reported , namely $ 101 billion ? Secretary WEEKS . That was an estimate of the Clay committee applicable to the total needs of the country in all types of roads , including roads ...
Page 95
... JONES ( presiding ) . Yes . Mr. MACK . I understand the main purpose of this Corporation is to assist in the financing . My question is , can this Corporation borrow money as cheaply as the United States Government on a general obli ...
... JONES ( presiding ) . Yes . Mr. MACK . I understand the main purpose of this Corporation is to assist in the financing . My question is , can this Corporation borrow money as cheaply as the United States Government on a general obli ...
Page 96
... JONES . The committee will follow the policy announced by the chairman in going into the bill , that we will discuss those questions of policy as they relate to various sections of the bill . So I think it would be in order now , if we ...
... JONES . The committee will follow the policy announced by the chairman in going into the bill , that we will discuss those questions of policy as they relate to various sections of the bill . So I think it would be in order now , if we ...
Page 136
... JONES . That is only an assumption that there will be expended within the period of time of the construction of the interstate system $ 101 billion of roads ; isn't that true ? General CLAY . Yes , sir , and perhaps that is too strong ...
... JONES . That is only an assumption that there will be expended within the period of time of the construction of the interstate system $ 101 billion of roads ; isn't that true ? General CLAY . Yes , sir , and perhaps that is too strong ...
Common terms and phrases
$2 billion ALGER amount areas Association automobile BALDOCK basis BECKER believe BLATNIK bond financing BRESNAHAN build Bureau of Public California cents Chairman CLAY committee Congress Corporation cost credit financing CURTISS debt defense DEMPSEY DONDERO DU PONT estimated excise taxes FALLON Federal aid Federal Government Federal-aid highway financing fuel tax funds gas tax gasoline tax gentleman GENTRY going Gore bill GORMAN Governor HARPER highway construction highway departments highway program highway system increase Interstate Highway System Interstate Highways Interstate System Jersey Turnpike JONES legislation MACHROWICZ matching Mayor McGREGOR ment mileage miles motor NANCE obligations percent period PONT present problem proposed Public Roads question reimbursement revenue right-of-way SCHERER SCHWENGEL SCUDDER Secretary HUMPHREY Secretary WEEKS SEEGMILLER SMITH standards statement Thank thing tion toll roads traffic Treasury TRIGGS trucks urban vehicles VICKREY YOUNT
Popular passages
Page 2 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such 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...
Page 602 - Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
Page 7 - Individuals so employed may be compensated at rates not in excess of $50 per diem and while away from their homes or regular places of business they may be allowed transportation and not to exceed $15 per diem in lieu of subsistence and other expenses while so employed.
Page 1 - Act of 1949, of such officers, attorneys, and employees as may be necessary for the conduct of its business, define their authority and duties, delegate to them such of the powers vested in the Corporation as the...
Page 2 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page viii - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 1 - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations...
Page 2 - The annual billings shall also include a statement of the fair portion of the cost of the administration of the respective funds, which shall be paid by...
Page 522 - The roads are more destroyed really by climatic and soil conditions than they are by any use that is made of them by the public.
Page 616 - The nation, speaking broadly, owes a 'debt' to an individual when his claim grows out of general principles of right and justice ; when, in other words, it is based upon considerations of a moral or merely honorary nature, such as are binding on the conscience or the honor of an individual, although the debt could obtain no recognition in a court of law.