Memorandum for the Letter to the President on the Purported Transfer to the Government of Puerto Rico of the PRA Properties
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OCR Page 1 of 4MEMORANDUM FOR THE LETTER TO THE PRESIDENT ON
THE PURPORTED TRANSFER TO THE GOVERNMENT
OF PUERTO RICO OF THE PRA PROPERTIES
The Puerto Rico Reconstruction Administration is a Federal Agency
created by Congress for the primary purpose of alleviating the unemploy-
ment situation which prevailed in Puerto Rico for many years.
From the hearings which the Sub-committee of the Committee on
Territories and Insular Affairs of the Senate held in the Island and Wash-
ington during 1942 and 1943 the following pertinent facts appear:
1. - The Federal Government allocated to the PRA
prior to 1937 a special fund of
$42,931,300
Less amount rescinded for:
Public Works Administration Housing,
and Federal Emergency Relief Admini-
stration
6,814,460
Net Authorizations
36,116,840
Further allocations in the Emergency Relief
Appropriations Acts for the Fiscal Years
1937 to 1941.
34,000,000
Puerto Rico Revolving Fund allocations
for Fiscal Years 1940 to 1943
3,152,360
Grand total
73,269,200
2.-
- The properties owned and controlled today
by the PRA are worth upwards of $22,000,000.
3.- By Executive Order No. 8888, dated September
3, 1941, the Director of the Division of
RECORDS
SERVICE
Territories and Island Possessions of the De-
partment of Interior, was appointed Administrator,
vice Admiral William D. Leahy. There is an
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