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The total budget for the Space Administration for 1964 is planned at over ?•!, 200 million. For the years from 1963 to 1970, however, there are estimates from reliable sources that the total spent by the Space Administration will be £40 billion of which £20 billion will be for manned flight.
The peaceful space program is complemented by the missiles program and aircraft program which is even larger. One report shows space at ?3. 7 billion, missiles at ?6. 7 billion, and electronics at $1. 5 billion for a total of $17. 5 billion in fiscal 1963. This estimate would put the total at £20 billion per year in 1970. The automobile industry is not much larger - if as large.
The most obvious immediate effect of the space program for the Mississippi Gulf Coast is the corning of large federal payrolls for construction and operation of the installation.
Some of the contracting firms will also move operations. The mayor of Houston has said that he expects 70 new industries to come in. General Electric ir. I'ovember announced that it was organizing an Apollo support department with several thousand persons, with headquarters in Canaveral and branches in Houston and Huntsville.
Again, the wage earners will be in higher brackets. In World War II, 90 percent of the workers were on the production line. In the industry now, only 40 percent are. The difference reflects a change to scientists, technicians, engineers, ar.d semi-technicians such as draftsmen.
There will be a betterment in the scientific educational programs of the colleges, particularly in the cities cf Houston and Kew Orleans. This will come from having an outlet for students, ar.d from . ulty and student participation
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