Word: three-man
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With an air of judicial aloofness and a deep sense of political risk, the new high court of price regulation this week took up its rule. If the three-man Price Decontrol Board did nothing before August 21, price ceilings would go back on grain, meat, dairy products, cottonseed and soybeans. When the doors opened into the high-ceilinged marble of the Senate Caucus Room for the first public hearing, a flood of businessmen flowed through. Most of them argued that it would be economic folly to sit tight, i.e., let ceilings go back...
...knew where prices might go under the new law. Much depended on the three-man OPA Decontrol Board. It would be all-powerful in determining what commodities and goods would be under price ceilings. In choosing the Board the President was expected to follow a well-grooved pattern: one member to represent labor, one to be an industry-management spokesman, one to sit for the public. But the Board named by Harry Truman fell into no such groove. The three men nominated for the $12,000 jobs were...
...grizzled mug transformed behind that oh, so gentle screen, the sieve-like measures which have taken the place of O.P.A. Even when the laws now on the books take full effect on August 20, their effectiveness will be measured not by their phraseology, not even by their three-man administration, but only by the willingness of the buying public to back up a bill that was designed for its protection. With or without government price control, the fuse on inflation is sputtering behind the customer's back, ready to lead up to a boom which will very literally leave...
...Congress. On the evening of the fifth day, after a final session lasting nine hours and 40 minutes, a dog-tired Alben Barkley called in the press to announce a complex compromise agreeable to eleven of the 14 conferees. A three-man Decontrol Board, appointed by the President with Senate approval, would exercise top authority over prices. OPA, although extended until June 30, 1947, would be outranked by the Board. Major proposals...
...Appointed a three-man Cabinet committee to carry out the recommendations of the Anglo-American Committee of Inquiry for admission of 100,000 displaced European Jews to Palestine. Members: Secretary of State Byrnes, Secretary of War Patterson, Secretary of the Treasury Snyder...