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4 A~4 ~ Findings Are Basod on Survey Made At Suggestion of President Hoover stressing the mtne of "Itirn ing'., with reference to the amount of ýpub-ý lit construction whIch it is possib>le, to push forward with the object of ini- fluen.cing emnployxnent and thée trend of business in a pe riod of recession,l the Comnmittee' on Recent Economic Chiaiiges of the President-'s Conference on Unemployment, in presenting the resuits of a new study etitled "*Plan-: ning-and Control of Public Wrs miade public this week, points to the large volume of contracts awar 1ded for public works and u ttilities this. vear. *To turni the course of pîublic 'coni- struction froni a depressing to a stimi- ulating. influence is, of the verv es- senice of usefolness of publicw0rk-5ý as. a balancing factôr," according to) tuie comuiittee's fitidings. "And it 1"s, '11 pronhly and comprehensivelv e xp)e- dlitting work on. projects alreaolv plannied, rather than initiating newvun-_ý dertakilngs,l that the *kev to tlhe prob-, lem lies." The cormite's 'report is based oitn a fact-flnding survey of -the wht0olcl public construction situation, begu.ný last J uly at the suggestion of reint H-oover and carried. on Iby theNa tional Bureau of Econoxnic ResCarch of New York with the assistanice of the flepartment of Commerce. The Survey, which was prepared by D)r. Leo Wolman of the staff of the're- search bureau, is publishied by, that bureau, along with the comrnittee&s re- port. under the. titie "Planning and ,Coitrol of Publie Works." T 'hesurvey is a continuation of the, studY of post-wai econoni.ic changesý made by the national bureau and'issued a -vear ago, together with a report of the -committèe Proinujent Men on Committee -The members of.the committee mal,-. ing the report include Archi W. Shaw, chairman; 'Owen D. Young,. John J. varyîng interest rates or capital costs ""-'l"y tipon the chief types of. construction weighte and that it is also undertaking an ex- c anmation of that fundamental incen- It is, tive, the 'lure of profits," as manifest- about :ed during thç .past ten years. of Ameri- nuallv R.1.Ciînniiinghi, i.Inw., E\vanstoÏi Ford dealers, held open house in this spflendid new sales and service plant at 1033-39 Cliicago av-enuie; vntn last Saturday. The firni wvas established fourteen years ago. caieconioinic lif e. The report also re- Chicagoan Buys 2-Acre $M2330? is Total f ers to the coimiittee's study. of price 'tANCr * relatioiisliip s now ,iii progress, coni-'Tract ea arrington of Glencoe Permit cering whIchi it remarks;: "Lilse the Dr. M. B. Wilson of Chicago ha; presenit report, it will.take its place In .purchased a twenty-acre wnooded tract List During June lhe. step-byý-step anlalysis whichi the four miles. northwest of Barringtor. Glencoe Woods subdivision is th 1 comminittee is imaking. in the hopè that, fronli Williamn B. Frank4stein. The locality of three of the four new resi- with better anid more general unider- purchaser has .divided the propert n decsfr hihbligpris standing of econoiMîC forces, and the to four estate- sites, reserving one. fo- -were-issued in Glencoe during the past laws of thieir operation, American busi- a contemplated residence for his owrntit as heepriswr ae nesta.v develop 'itcreasin g selif-coni- tu1se. Gilbert D. Johnson and Brothe' r.t for p ritee garges wand to fo troU'the rokes inthistransaction, report renmodeling jobs. -~Promipt action, hbefore cotidition~tlî tat the purchese,pr.ice wvas undisclosed. Th otftenwrsdnc il l)ecomne seriouis, caii be assured onfly 14 This acreage practically adjoins t loe Thcotothnwreines i thereis evlopd pactca nxthd ine and one-haif acre hornesite sold by be $76,500; the three garages, $1,430 thèthe samevbrokersato Denison B.ethId and the alteration work $4,400, a total , Construction Figures j'ngs.. unes sjni inted. out in the report that on transportation 500,OOO,O0O is expended an- hospitals- and on public conistruct.ion, -employ- sewage. disposai. 4 4 fI i