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Franklin Roosevelt's anti-inflation program produced a neat socio-political paradox last week. It turned out that the New Deal had taken control over all wages and salaries in the land, had set a $25,000 ceiling on earned income-but had let the nation's coupon clippers go scot free. It was enough to make a New Dealer weep...

Author: /time Magazine | Title: INFLATION: New Deal Paradox | 11/9/1942 | See Source »

Each month U.S. consumers put 130 million sugar-ration stamps into circulation and on the Eastern Seaboard 150 million gasoline coupons. After Nov. 22, the entire nation will use gas coupons, and when OPA's Christmas present of an all-purpose ration book reaches all the nation's people so many extra millions of coupons will be spent each month that local ration boards will no longer be able to cope with the ever-mounting piles of papers. So OPA last week started testing, in the Albany-Schenectady-Troy area of New York, a plan for ration-coupon...

Author: /time Magazine | Title: Ration Banking | 11/9/1942 | See Source »

...Coupon Books may be used to pay for all contributions to the Harvard Service Fund, it was announced by J. Elden Sawhill '43, chairman of the drive, last night Compon Books are used for all dining hall charges and for payment in the Eliot House Grill...

Author: NO WRITER ATTRIBUTED | Title: COUPON BOOKS | 11/5/1942 | See Source »

Nationwide rationing was announced promptly last week by the nation's new Rubber Tsar, William M. Jeffers. It will begin as soon as Washington can distribute the paraphernalia: 60,000,000 new application blanks and coupon books, 91,000,000 gummed sheets for filling stations to keep coupons on, 100,000,000 copies of auditing forms, regulations and instructions...

Author: /time Magazine | Title: U.S. At War: 16 Gallons a Month | 10/5/1942 | See Source »

Biggest challenge to OPA's new get-tough enforcement program is neither the tire bootlegger nor the gas-coupon clipper but the widespread evasion of controls on rent. OPA last week swung one of its hardest punches, ordered rents reduced and stabilized on Oct. 1 in 54 more defense-rental areas scattered across the whole country, bringing under federal rent control areas where a total of 50,000,000 people live. In 53 of these areas rents are cut back to March i levels; in the 54th (Chateau, Okla.) the ceiling is based on the preceding October...

Author: /time Magazine | Title: Business: Black Rent Threat | 9/28/1942 | See Source »

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