Word: opm
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Dates: during 1941-1941
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...starter, Oil Coordinator Harold Ickes last week asked OPM to grant a priority for the manufacture of 10,000 steel drums in which to ship 420,000 gallons of oil and gasoline to Russia. Reynolds Metals Co. asked OPM to approve sale of 2,000,000 pounds of aluminum to Russia-enough for 200 medium bombers...
...abroad, handle transactions in foreign exchange, administer the frozen assets of European countries. It will coordinate the work of all other Government agencies dealing with economic defense, including the three departments whose Cabinet heads are not represented on it (Post Office, Labor, Interior), the Maritime Commission, Federal Trade Commission, OPM, OPACS, etc. The Board will integrate the work of these agencies with the policies of Britain's Ministry of Economic Warfare. It will also keep an eye on U.S. preparations for peace and post-war reconstruction...
...OPM-FPC combination looked like a powerful gang-up on Ickes. But Ickes last week had not begun to fight. Nobody was power tsar...
...OPM last week figured that six U.S. corporations held 31.3% of the $9,839,000,000 Army and Navy supply contracts issued in the year ended May 31. This startling statistic has one simple explanation: munitions are a specialized product that few U.S. companies as yet know how how make...
...OPM's statistic was already out of date. Same day they released more comprehensive figures. Total actual and proposed defense expenditures through mid-July were $50,785,000,000 (including $3,669,000,000 in British orders through mid-June). Bethlehem Steel is still No. 1 war supplier with $1,228,242,000 in contracts; No. 2 is General Motors with $1,200,000,000 (placed or under negotiation); No. 3 Curtiss-Wright with $980,000,000. Consolidated Aircraft has $684,000,000, Glenn Martin $652,000,000. Many a newcomer was beginning to learn the defense business, getting...