Word: opm
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Dates: during 1941-1941
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...OPM confirmed an A-3 priorities rating for 60 car builders, putting freight cars on a par with ships, among defense necessities...
...nearly doubled the faculty and student body. They were proud of his services to the nation: he was in charge of U.S. industrial relations under Secretary of War Newton D. Baker in World War I; in World War II he runs metal and mineral priorities for OPM. They were prouder still that he had helped shape a whole generation of U.S. undergraduates...
Their $600,000.000 industry had been picked by OPM as one of the first real victims of priorities among consumer industries (see p. 18). They were picked because they use a lot of aluminum (6 sq. ft. of sheet per set), as well as zinc, copper, lead, other critical materials. When OPM made up its priorities list, radios were sandwiched "between hair tonic and toothpaste," with a B-7 rating. OPM figured that since U.S. citizens already bend an ear to 53,000,000 receiving sets, more would be a luxury...
Even for those companies who had the cash and foresight to build up inventories, things will not be the same. OPM wants fewer model types, and fewer sets of those. It thinks a company making 25 models could cut down to eight or ten; portables may be dropped altogether. This changeover would save much labor, machines and floor space which might be used for defense. The big companies have already begun to take on defense orders, keeping their men at work. Most of the smaller ones lack the technical equipment...
...OPM's materials branch went Wall Streeter Arthur H. Bunker, vice president and executive-committee chairman of Lehman Corp., an expert in oil, investment trusts, British investments...