Word: glut
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Dates: during 1940-1949
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More than 1,000,000 Londoners had been evacuated (more thousands, who could afford it, had gone to the country on their own) and the second million of evacuees had begun to go. One result was a glut of food on shop counters. Another result: no more queues in front of shops. Food shopping, which could have been a pleasure at last, was now a danger...
Flushed with embarrassment, the War Food Administration found itself confronted with an unmanageable glut of potatoes and eggs. It alone was responsible for bumper crops of these two staples; farmers had patriotically upped production at its urging. So WFA proclaimed last week National Potato Week, this week National Egg Week, and fervently hoped that the nation would rush...
...hardheaded U.S. agricultural leaders know that the current glut is evidence, not of food surplus, but of a critical deficiency of storage space. A 32% increase in food production last year over average production in 1935-39 was not matched by a corresponding increase in storage facilities. Transportation, too, is lacking. The armed services now have their food warehouses filled, and reserves earmarked for invasion fronts are choking British and U.S. ports and inland terminals...
...Dominion Government took pains to say that rationing was "suspended, not abandoned." Official explanation: "Transport facilities have become acutely congested," sharply reducing overseas shipments of food and cramming Dominion warehouses. Canadians who remembered a previous glut in the meat supply-just before the North Africa invasion-felt pretty sure that second-front shipping priorities were responsible. They were also fairly sure that in due time rationing will return...
This was the same awful fear that panicked the U.S. into theeconomy-of-scarcity regimentations of the late unlamented NRA. For Mr. Whiteside's consuming fear-a fear shared by many-is that all-out production of peacetime goods during the transition from war to peace will glut the postwar market. "If we let manufacturers loose now to produce as much as they want to," he said, "I don't know what we would do at the end of the war." (Behind this fear was another one which constantly agitates WPBigwigs: that an early-bird reconvert would...