DOCUMENTARY HISTORY OF THE FLORIDA CANAL


DOCUMENT NO. 38 (FILES OF ALABAMA INDUSTRIAL DEVELOPMENT
 BOARD), OCTOBER 5, 193

CoMMUNicATION FRox THmoDoRE SwA"N VIcO CHAIRMAN, ALABAMA
 INDUSTRIAL DEVELOPMENT BOARD, To THE DEPUTY ADMINISTRAToR
 OF THE P. W. A.

 Under date of October 5, 1933, Mr. Theodore Swann, vice chair-
man of the Alabama Industrial Development Board, addressed the
following telegram to the Deputy Administrator of the P. W. A.:
 BImINGHxAx, AA., October 5, 1933.
 H. M. WA1rm
 Deputy Administrator Publio Works,
 Washington, D. C.:
 The State of Alabama is earnestly interested in the early construction of the
 Florida ship canal because of the impetus which it will give to our industrial
 areas during the period of construction and of the benefits which will accrue
 to this State permanently by betterment of shipping through the State port of
 Mobile. Appreciate if you will advise us present status project.
 ATLABAMA INDUstAL DrUnOPmUNT BOABD,
 THmEODO SWANx, Vice Chairman.


 DOCUMENT NO. 39 (FILES OF THE P. W. A.), OCTOBER 19, 1933

 FInRT SUMMARY REPORT OF FEDERAL EMERGENCY ADMINISTRATION OF
 PUBIC WORKS UNDER DATE OF OCTOBER 19, 1933

 Summary reports of the Public Works Administration on appli-
 cations for loans for projects of this nature were usually based upon
 the examinations and reports of the three divisions, i. e., engineering,
 legal, and financial. The summary report served as a summary or
 covering report for the reports of the directors of the three divisions.
 This first summary report of the Public Works Administration, ap-
 proved by the examining divisions but not by the Administrator, is
 as follows:
 FDABAL ExuBGoJ ADMINIBT&ATIO OF PUBLio WORxK
 SUMMARY BOT ON LOAN APPLICATION
 (Docket No. R. F. C. No. 139)

 State: Florida. Applicant: The Ship Canal Authority of State of Florida,
 Tallahassee, Fla. Classification (municipality, private corporation, etc.): A
 public corporation. Applicant's representative (name and address): Gen.
 Charles P. Summerall, the Citadel, Charleston, S. C. Loan requested: No
 definite sum. Loan recommended: $115,00,000. Grant requested: None.
 Grant recommended: $25,800,000. Type of security: Revenue to be derived from
 tolls. Terms of loan: Amortization period, 50 years; interest rate, 4 percent.
 Type of project: Ship canaL Project location: Canal across Florida connect-
 ing Gulf of Mexico and Atlantic Ocean. Description of project: Construction
 of a deep-sea canal, with two sets of locks, across the State of Florida connect-
 ing the Gulf of Mexico with the Atlantic Ocean. Total estimated cost:
 $115,000,000. Estimated cost of material and labor: $86,000,000. Work can
 commence in 45 days and finish 4 years (48 months). Estimated number of
 men to be employed: 7,250 for 48 months.