Word: opm
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Nobody could buy a new car or truck in the U.S. last week. Nobody can until a rationing system is worked out-probably by Jan. 15. OPM barred all civilian sales. Furthermore, OPA told Detroit that its January production quota would be its last. By month's end the assembly lines will dead-stop...
Tipoff: it has been predicted that, bad as Army & Navy supply has been, OPM is so much more hopeless that the gambit now is to forget OPM, strengthen the services with business talent. The board that he heads must now attack the job of leading some 50% of U.S. industry...
...OPM, not yet forgotten, last week got a new businessman to head up its industry branches: young (42), dark, movie-handsome Philip Reed, chairman of General Electric. Engineer-Lawyer Reed took only 14 years to go from G.E.'s lamp division to the shoes of Owen Young. Milwaukee-born, he got his engineering degree from Wisconsin (1921), his law degree (1924) at Fordham night school, while he clerked at Manhattan's patent law firm Pennie, Davis, Marvin & Edmonds. He got to G.E. via Van Heusen Products (collars) where he had handled some nasty patent problems...
Tipoff: the industry branches, which were one of the mainstays of Barney Baruch's organization in World War I, have been weak in this war, divided between Knudsen-Hillman and Leon Henderson. OPM took them all over last fall, since Pearl Harbor has intensified its efforts to make them a real policy bridge between Army & Navy and industry. Significantly Phil Reed is the policy head, not the production or sales genius...
...Before OPM last week, bike makers argued that the 40 lb. of steel in a bicycle could in many situations replace a 2,900-lb. Chevrolet. The British use bicycles mostly to go to work. Most U.S. bicycles (around 10,000,000) are owned for sport by boys and girls, but not all. As evidence of their usefulness, the manufacturers cited Philadelphia's bike-riding newsboys, who sold $103,000 worth of defense stamps one week, $130,000 worth in another...