Word: simplest
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Dates: during 1940-1949
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Order 9250. In its simplest terms, Jimmy Byrnes's job is to rivet a lid on civilian economy that will prevent an uncontrolled inflation from breaking out. In the words of Executive Order 9250, he is directed to "formulate and develop a comprehensive national economic policy relating to the control of civilian purchasing power, prices, rents, wages, salaries, profits, rationing, subsidies and all related matters"; and is given the absolute power to order any Government administrator to carry out the points of that policy...
...This is the simplest way," he said. "Industry must accept the principle that it cannot earn excess profits during war-time. The only alternative is for the government to let it take all the profits it can and this Congress and popular pressure will not allow...
...figure represents an all-time high for war spending. In its simplest terms it means that with every tick of the clock the United States is feeding the war march $2473--more than the average war earner makes in an entire year...
Trouble is that the businessman is yet to be found who is able to get anything done by dealing with one Government agency. Frequent frantic trips are usually necessary to get the O.K. of a dozen or more agencies and commissions for the simplest of transactions. Only bureaucratic control of travel rationing will stop it. Best bet: it won't be bureaucratic control...
...simplest device of all consists only of a beer can filled with absorbent material and a clothespin to clamp on the nose. It is approved by no one except its inventor, Chemist Vernon Bowers of Baltimore, Ohio...