Good one, FS, nor Pres. Roosevelt signing the bill for rural electrification...
I have today affixed my signature to H. R. 4278, providing statutory authorization for several agricultural programs.
The Congress has thereby materially advanced the program of the Rural Electrification Administration by including in H. R. 4278 permanent authorization for the loan funds required in the program, and provisions liberalizing the terms of rural electrification loans. These provisions will make it possible to bring electricity to many more thousands of farm homes which could not previously be served.
From the point of view of raising the living standards of rural America and providing a more efficient form of farm management, one of the most important projects interrupted by the war is the extension of rural electrification.
In the press of other matters, many of us have overlooked the rapid expansion which has taken place in rural electrification since this Administration instituted the program in 1935. At that time only one out of every ten of our farm families had central station electric service. Today 43 percent of our farms are electrified—in spite of the necessary curtailment in construction resulting from the exigencies of war.
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