Word: opm
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Dates: during 1940-1949
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...patent attorney who has long made labor relations his avocation. He has served in many a Government agency, State and national, was chairman of the New York State Board of Mediation. To him belongs credit for settlement of the Allis-Chalmers strike, which Labor Department conciliators had given up, OPM's Hillman had fumbled and OPM's Knudsen and Navy's Knox had thrown into confusion that seemed, after two days of rioting, irreparable...
...Industrial chemists gasped as Edward Ray Weidlein, chemical priorities director for OPM, observed: "The entire military activities of Germany and Italy, plus the industrial and other activities of these countries and of the occupied areas of Western Europe, are being carried on with an amount of petroleum plus synthetic products which is only about 5% of our present domestic production...
Last week, price-conscious Franklin Delano Roosevelt finally got back to his first principles and created a new defense agency to control prices with more potential power than NDAC or OPM had ever held...
...principle to the inner circle of his advisers. Those months have seen the birth and death of the National Defense Advisory Commission, set up in May 1940 with an eye as much to keeping prices down as to getting armament up. They have seen the rise and eclipse of OPM, set up to still public clamor when NDAC did not seem to be delivering fast enough...
...called it the Office of Price Administration and Civilian Supply: OPACS. He established it parallel to and not under OPM, with its chief equal to Knudsen-hillman...