Word: galbraithe
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Dates: during 1940-1949
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...which might be good economics but would be bad morals. Subsidies had been found a necessary corollary to price ceilings by both Britain (to the tune of ?125,000,000 a year) and Canada ($2,000,000 since last December). And OPA planned to go easy: Deputy Administrator Kenneth Galbraith told Manhattan clothing manufacturers last week that subsidies were "a last resort"; hard-pressed manufacturers must first practice "rigid, ruthless economy...
...Marvin Galbraith Barret...
...Marvin Galbraith Barret...
...Office of Price Administration's J. Kenneth Galbraith got the idea at 4:35 one afternoon, worked out details in 40 minutes, had an order signed by Priorities Chief Donald Nelson...
Through the night Galbraith and his staff worked to make the order effective: they notified 200,000 tire retailers, sent telegrams to every governor and to mayors demanding police enforcement. By next morning the ban was airtight and puncture-proof-to remain until a rationing system which will insure enough rubber for the Army and Navy can be worked...