Indianapolis Times, Indianapolis, Marion County, 4 February 1937 — Page 12
PAGE 12
RAPID PITTSBUR AFTER FLOOD
GHRECOVERY CITED TO BUOY
HOPES OF OHIO VALLEY CITIES
“American Ruhr” Made Sensational Comeback Within Few Weeks After Disaster, Citizens Tell Writer on First Stop of Tour.
. Recovery and rehabilitation are the big news in the Ohio Valley
now. Dozens of flooded cities face perity. What are their chances? of the Washington Bureau of the
the task of beating back to prosLyle C. Wilson, reporter-manager United Press, is visiting the flood
area attempting to find the answer.
By LYLE C. WILSON
(Copyright. 1937
PITTSBURGH, Pa., Feb. :
stream on the Ohio River can take it from Pittsburgh today | that things probably are not as bad as they look. '
Here a flood veteran healed. Pittsburgh is back to days.
IS
bv United Press) \
cause much of the replacement buying that contributed to its postfiood boom was of heavy materials manufactured here or nearby so that some of the replacement expenditures went directly into local payrolls. | The Federal Government set up | $50,000,000 of Reconstruction | Rinance Corp. funds for flood re- | habilitation loans. But the con- | ditions of those loans were strin- | gent. Anyone able to meet them {could get private funds quite as | easily and generally did.
Heavy Property Damage {
There was much discomfort, widespread physical suffering and there were many instances of individual tragedv. Conditions at high flood stage here then were almost as bad as at any point on the Ohio now, | but Pittsburgh has recovered entireily. At high flood tide last March one | seventeenth of the state of Pennsylvania was under flood water. Damage was more than $212,500,000
£ had special advantages be- |
{.—Flood-stricken cities down- | not counting indirect damage from
loss of occupancy and of trade and business. Eighty persons were killed, 2822 were injured. About
1 2800 buildings in the state were de-
with scars but comfortably |G oveq and 5500 were damaged.
normal and has been for some
Director Carpenter, of the local Federal Commerce Department, | said the upsurge of business operat-
This winter-time flood which carried disaster with its |je 1ast March, and continuing now,
es mstream was comparatively kind to Pittsburgh. | crest downstream compare \ Q Fig
When they speak of “the flood
” here they mean the one last |
factor in recovery of Had the disaster ocdepression there
was a vital
curred . during
March when more than 21 feet of water rolled into the city, | would have been no private capital
over the Golden Triangle¢ downtown, and paralyzed for 48 hours one of the world’s
great industrial centers. Today, with the flood crest threatening Cairo at the Ohio's mouth, the city of Pittsburgh, at the river's head, is doing business as usual, having repaired damage | which accompanied one big and one little flood in 11 months. Further down stream and harder hit, Wheeling, W. Va., has rehabilitation | well “in hand. Below Wheeling flood | waters only now are receding from such battered towns as Huntington, Portsmouth, Cincinnati, Louisvifle and Evansville. And Cairo is a city of dreadful day and dreadful night, as an unruly river laps at the boxed-mud reinforcements atop the town’s concrete seawall. Gloomy Reports Recalled But if the towns in the valley below will listen to Pittsburgh they will learn that things probably do look much worse right now than they really are. When many feet of water were flowing last March 17 through some of Pittsburgh's richest business streets, when steel inills were submerged along the Monongahela River south of town; when | there was no light, no water and | no power, there were reports that Pittsburgh could not come back. There were stories that the great! industries which make this area rich and smoky would not want to remain and certainly would not con- | sider expanding their plants. Some | persons were reading a death sen- | tence for the “American Ruhr” which extends from the industrial |
| the presses could run even though | flood waters
| provement in the Pittsburgh area. | The city, fortunately, had surplus funds and ampie private credit ior a
{ i
blinds which can be drepped behind | big plate glass windows. The Pitts- | burgh Press water - proofed its; buildings with inch-thick squares of window glass and other devices so
outside might rise above their topmost level,
Steel Companies Expand
The Duquesne Light Co. waterproofed its power lines and other utilities and industries made huge capital investments to repair damage and protect property against floods to come.
Steel companies began expanding almost as soon as floods were down. Jones & Laughlin proceeded with a $25,000,000 program and U, S. Steel budgeted $60,000,000 for plant im-
first class rehabilitation job. Vice President Arthur A. Atwood |
of Pittsburgh's Colonial Trust Co, |
said Pittsburgh had not lost a single first class industrial establishment
| by reason of the floods of last March |
which were the worst ever exper- | ienced here. He said banks had | pienty of money then and now for | good loans but that many com- | panies had surplus funds to finance | their own rehabilitation. |
Raps Surplus Tax
“That,” continued Mr. Atwood with cold emphasis, “was before |
| |
| Congress voted that tax on cor-!
poration surpluses.” From bankers, research reports | and economists you get the idea that Pittsburgh last March and the |
at hand for rehabilitation and he believes if the flood had hit Pittsburgh late in 1929 the situation might have been even worse, because it would have found business generally in a condition of overexpanded credit and toppling toward the abyss.
OFFICERS RENAMED BY ICE INDUSTRIES
All officer? of the Indiana Association of Ice Industries were reelected as the annual convention drew to a close today at the Severin Hotel. : They are Dan Newell, Peru; president; W. A. Stein, Vincennes, first vice president; D. A. Strauss, North Manchester, second vice president; A. C. Goll, Indianapolis, treasurer, and O. P. Fauchier, Indianapolis, executive secretary. W. K. Martin, Crawfordsville, was
| named honorary president for life.
He is treasurer of the National Association of Ice Industries.
When callous on the ball of the feet becomes so painful as to make walking almost unbearable, these CUSHIONED Shoes will bring prempt relief,
ORIGINAL
|
|
|
CROP CONTROL, TENANT ATTACK PLANNED IN "37
Agriculture Department Outlines Year's Program Before Committee.
THE INDIANAPOLIS TIMES
By Seripps-Hoard Newspaper Alliance | WASHINGTON, Feb. 4.—-Crop! control without price-fixing; the] ever-normal granary; a $50,000,000-
many times that sum for rural rehabilitation—these will be the legislative goals recommended to Congress by the Agriculture Department. The outlines of the program have been disclosed by department officials at House hearings on the farm tenancy bill of Rep. Jones (D. Tex.), chairman of the Agri-
culture Committee. Action will await the report of the President's Committee on Farm Tenancy, expected any day. It is believed that this report will support the $50,000,000 annual expenditure called for in the Jones bill and in the somewhat similar bill of Senator Bankhead (D. Ala). But it will urge that a brake be put on land speculation.
Undersecretary of Agriculture M. | | L. Wilson, Assistant Secretary L. C.| fitness to become landowners. Under
a-year attack on farm tenancy, and | Gray and Dr. Will W, Alexander,
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head of the Resettlement Administration, have appeared at the hearings. ’ All of them would have the farm tenancy setup administered by the Agriculture Department. The Jones bill divides administration among the Agriculture and Treasury Departments and the Farm Credit Administration. How the $50,000,000 annual expenditure would fit into the broader agriculture picture was outlined by the three officials as follows:
Test Is Proposed
The money would be used to finance at long terms and low interest the ablest tenant farmers who now lack access to regular banking facilities.
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ment would retain supervision «<f the farm economy. Lest farm prices be depressed again and thus cause the freeholder to fail, and lose his land, the general program of crop control and ever-normal granary will be advocated. This will be similar to AAA so far as control is concerned, but without the processing-tax features which brought AAA under the Supreme Court ax.
In addition, the Department plans to carry out a broad-scale program of rural rehabilitation, designed to lift the share-croppers and poorest tenants into a position from which they might eventually advance to the tenant-owner class. This would mean buying a mule, plow or other needed equipment for the farmer to improve his chances of getting ahead. That the complete program will meet with Congress’ approval ap-
THURSDAY, FEB. 4, 1937
pears likely. Secretary of Agri= ture Wallace will have the final word in outlining it. It would be difficult to find a legislator on Capitol Hill who would not say that he wants to do everything needful for the farmers.
AUTHOR TO SPEAK Francis J. Sheed, author and publisher, is to speak Sunday night at the Catholic Forum, to be held in the Civic Theater. His address on “Education on Trial,” is one of a series sponsored by the International Federation of Catholic Alumnae.
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flood-plagued Ohio River commu- | nities today are fortunate at last | ! that their disaster came in a time | of business upturn rather than a| depression depth or at the top. of al boom. It is probable that Pitts-
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vicinity of this city down the Ohio beyond Wheeling. But the “American Ruhr” came back with startling speed. Like other American communities challenged by disaster—Chicago, San | Francisco, Dayton, and Johnstown— the stricken Ohio River communities downstream are co-ordinating civic ingenuity for a comeback. Bankers and others here will tell you how suddenly a robust American city can do that. Quick Recovery
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“Less than one week after the | rivers receded,” says a report of the | University of Pittsburgh Bureau of Business, “most of the plants that | had been flooded were operating | again, rail and river traffic were | moving normally and the greater proportion of the’ flooded stores and produce houses had resumed business. “The rapidity of recovery is indicated by the rise in the Bureau's! weekly index of business activity in the district. In the week ended March 21 (three days after high | flood tide) this index stood at 47.1 | per cent ot normal, or only about | 25¢ Pepsinco seven points above the lowest level | of the depression. In the week | ) A y ended April 18 (one month after A 3 : Hand Lotions : high flood tide) the index was 85.4, | \ a new high in the recovery period. He eu im The index shot up more than 38 | Hook's Hand Baliit ........ borin 590 Fos 1 oiPanen. of Olly To 50c Chamberlain's Lotion ....... weeks. ° “Because of severe (flood) cur- | aoe Repo Ham Ju oe Listerine tailment in the last half of March, | Tooth Powder the volume of production in the Pittsburgh distract was decidedly | 25¢ Hess Witch Hazel Cream... 19% smaller in March than in February. | The setback was only temporary, however, and at the middle of April the index of production moved to new high ground in the recovery period—higher than at any other time since the early | summer of 1930.” | Business Index
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