Word: opm
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Dates: during 1940-1949
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...article "Business in 1941" [TIME, Jan. 5] is the most thought-provoking and incisive article on business and the war that I have read. The discussion of OPM is most interesting, particularly to an ex-OPMite, but the whole thing hangs together on a clear line of understanding without the usual poppycock...
...OPM's order was designed to relieve not only a looming smokeless powder shortage, but the sugar scare (see p. 70). Most ethyl alcohol is normally made from molasses, a by-product of sugar. To increase their production, however, the regular alcohol makers have recently been using not just blackstrap molasses but whole cane syrup (high-test molasses), thus cutting into the sugar supply...
Anti-aircraft Guns. Washington is hush-hush about gun production, antiaircraft and otherwise. But OPM is optimistic, figures that the auto industry will do most of the work. Pontiac and Chrysler are already making Orelikons and Bofors...
...OPM last week ordered U.S. distillers to stop making neutral spirits for beverages on Jan. 15, start running off industrial alcohol. In a shooting war, when every 16-in. gun blast burns up 60 gal. of alcohol in its powder, the U.S. needs alcohol more than liquor...
...oleomargarine, shortenings, for many a food and manufacturing process. Pearl Harbor threw all this fat in the fire. At once domestic oils-soybean, cottonseed, linseed-felt the surge of the shifted demand, began to soar in price. OPA clapped on a price ceiling; but last fortnight, to prevent hoarding, OPM had to freeze all U.S. stocks of some 1,800 different fats and oils, domestic and imported. No food, soap or paint manufacturer can now carry more than 90 days' supply. Tung-oil restrictions are even tighter...