Word: ferdly
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...vice chairman, Banker Ferdinand M. Eberstadt, had swept into WPB like a high-pressure area into a vacuum. Energetic Ferd Eberstadt wanted results, right away. He drew up a new raw-materials allocation plan (see p. 90). He demanded that WPB's civilian-supply men quit stalling on their long-delayed program for nonwar requirements. WPB's lethargic old high command worked too slowly to suit him. There were bruised feelings and ragged tempers...
...week's end, the storm had not yet broken. Ferd Eberstadt was still determined to do a job that needed doing; Charlie Wilson no longer thought of quitting. And the new WPB made progress-perhaps faster than any of the many defense and war agencies had before...
...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...
...Service's production division at Dayton. After the Armistice he organized an industrial department for New York City's Liberty National Bank (later merged with New York Trust Co.). As it turned out that was a prophetic decision: in the bank he got to be pals with Ferd Eberstadt, who was then practicing law with McAdoo, Franklin & Cotton...
This week Ferd Eberstadt's industry branch heads are each to lay on his desk their drafts for the better system. Washington dopesters thought they already saw its broad outlines: a "warrants" or "quota" system similar to the allocations system the British...