Word: eberstadt
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...protagonist in Washington's latest fracas is tough, shrewd Ferdinand Eberstadt, artillery captain in World War I, outstanding independent investment banker of the '305, and currently charged with WPB's vital materials division. The other is Charles E. Wilson, whom Donald Nelson brought to Washington to take charge of WPB's production division...
...only industrial mobilization but Brigadier General Lewis B. Hershey's Selective Service as well. Mr. McNutt promised that sooner or later the U.S. would get a civilian selective law similar to Britain's. But whether McNutt, the politician, would prove as shrewd an organizer of men as Eberstadt, the businessman, was proving of materials, remained to be seen...
Vice Chairman Ferdinand M. Eberstadt, after three months on WPB, had his new "controlled materials plan," for allocating the nation's raw materials, well in hand. For the first time there was a concrete program of Army, Navy, Lend-Lease and civilian needs for 1943. Eberstadt also knew, better than ever before, how much material would be available. There was a good chance that supply and demand could be balanced...
This week, just six weeks to the day after he moved in as master planner for the War Production Board, Ferdinand Eberstadt produced a master plan to get scarce materials to the right war factories in the right quantities at the right time...
...central problem remains: the gearing of war production to consumer-goods production, based on an overall minimum schedule of civilian needs. Ferd Eberstadt has been heckling Civilian Supply Boss Leon Henderson for just such a schedule for weeks, so far with a notable lack of success. But at least Planner Eberstadt now has a complete and sensible framework to fit a civilian-supply program into when one is finally evolved. "While this may not be the last plan," said he this week, "it is somewhere near the last. That is not because human ingenuity is limited but because human patience...