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‘The Architect of the Whole Plan’: Harvard Law Graduate Ken Chesebro’s Path to Jan. 6
May 14--President Roosevelt sent to Congress a special message outlining the closely guarded details of the administration's vast housing project and demanded action on it before adjournment.
Administration officials said the housing program should place hundreds of millions of dollars into the effort to resuscitate the mighty construction industry which is gasping under the depression body blows. It will make money available to the home builder and home investor.
The Glass Bill will make it possible for small industries now unable to obtain credit through normal banking channels to get federal dollars without slashing through a mass of red tape. The Federal Reserve Banks are authorized to loan $280,000,000 and the RFC an additional $250,000,000
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