The total of all construction work including these items is now progressing at the rate of over $725 million per annum, being about $500 million per annum in excess of the rate of expenditure for construction previous to the depression.
Herbert Hoover: “The total of all construction work including these items is now progressing at the rate of over $725 million per annum…”
Editor's note · Context
Statement on the Federal Budget.
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