Word: consumerization
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BOSTON, September 30--A Congressional committee today heard dozens of suggestions for methods to end the meat shortage, including proposals for restoration of consumer rationing, and contradictory urgings to strengthen price control or remove them altogether.
The proposals for restoration of consumer rationing came from Mrs. Maurice Sagoff, chairman of the Massachusetts Consumers' Advisory Committee to the OPA, and from George C. Kern, a Portland, Maine, meat packer, and spokesman for the National Association of Indepent Meat Packers.
The government economists were not the only prophets of boom. "Outlook," a Wall Street investment weekly, declares jubilantly: "Profits in prospect for industrial corporations generally over the next few years are likely to make 1929 and 1937 look small by comparison." While the big days of 1929 are being made...
More for Less. The "break-even" point of many a mass producer-i.e., the point at which rising volume cuts unit costs enough to show a profit, has also soared upwards. Example: the Ford Motor Co. which, before the war, was assumed, along with other automakers, to break even...
Burma was probably worse off than any country in southeast Asia. Rice, the main staple of Burmese diet, was scarce, chiefly owing to a shortage of draft animals and agricultural implements (in the rice paddies, many a Burmese farmer pulled his own makeshift plow). Nevertheless, the Government insisted on sending...