Word: decontrolled
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...only people who are against credit control, said Eccles, are "the people who sell credit-the banks and the loan companies." Eccles said that in a poll of automobile dealers-usually considered the main beneficiaries of the installment system-only 51% voted for decontrol, 48% favored consumer credit legislation. Despite his plea, observers saw only one chance in five that Congress would make credit control permanent...
...months old, in its heyday the controversial guardian of price controls on some 8,000,000 items from bubble gum to locomotives, once staffed with 235,000 volunteer workers in 5,561 local boards; by executive order of the President, after a long decline induced by progressive decontrol. OPA's heirs: Department of Agriculture (sugar and rice) ; Office of the Housing Expediter (rents); Department of Commerce (winding up OPA records); Department of Justice (pending enforcement cases...
Until the kids got started, prices in Canada were like the weather-everybody talked about them, nobody did anything. But in the Vancouver Island sawmill town of Chemainus (pop. 1,753), the youngsters put their heads together. Instead of candy bars (up to 8? since the April 2 decontrol) they agreed to buy ice cream cones, which were still a nickel. Youngsters from eight to 18 picketed stores. "Don't be a sucker-don't buy eight-cent bars," their signs read. "Let the suckers pay eight cents...
...cost about 4,500,000 man-working-days in 1946 were well out of the way; as the year opened only 1,600 (see below) were on strike. Furthermore, the price line had been held. Looking at the U.S., Canadians could feel smug because their own prices, under orderly decontrol, had stayed fairly firm. They were up only 6½% in the last 18 months, and business was excellent...
...Game Ended. Finally on its own again after five long years, U.S. business seemed too nervous to give its markets stability or even rational consistency. Actually, decontrol was far less of a shock than OPAsters had direly predicted...