Word: opa
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...weathered Citizens' National Bank, Banker W. A. Hampson put Bentleyville's main problem this way: when the miners walked out last April, they had the OPA and plenty of savings and war bonds to fall back on. But that 59-day strike had burned off the fat, and put most of them, back on a payday to payday existence. "Now, with prices up-" he said, and let his voice trail away...
...OPA Boss Paul Porter wanted to call it the Office for the Cessation of Rationing and Priorities-"OCRAP," for short. He was overruled. But there would be a catch-all agency to clean up the work left undone by the expiring wartime agencies, and its probable name would be the Office of Rents and Priorities. Phonetically, at least. ORP seemed as good a handle...
...executive order setting it up was flown to Harry Truman's Florida playland last week with OWMR Boss John R. Steelman. When the President signed it, OPA's remaining 34,736 employes (peak, 63,428) and its controls over rent, rice and sugar would be absorbed by the newcomer...
...midst of the stormy sessions of Congress on price control a few months ago even the anti OPA forces, except for a few irreconcilable, rallied to the defense of the sacred cow of the American public: rent-control. But today, with the political picture of the House and Senate changed, more and more unofficial Washington reports making their insidious way into newspaper columns tell the story of coming action by Congress which will wreek or completely abolish this system. Whether it be the never-say-die lobbying of the real estate interests or the fact that the Republicans...
...average of 50%. General Electric and Westinghouse led the way in upping small motors, refrigerators, washers, ironers, etc., from 10% to 60%. Zinc, copper, lead, and tin also zoomed. In the first two days of free trading, the prices of 28 such major commodities jumped (according to an OPA estimate) an average of 7.4%. Some of the leaps were fantastic. Example: glycerin, which had been controlled at 18? a pound, jumped 12? one day, 30? the next, was up to $1 by week's end. One paint company helplessly told customers: we'll send the paint...