Word: tightenings
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Dates: during 1940-1949
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What the OPA-WPB team now proposes to do is so kindergarten-simple in outline that consumers might well ask why it was not done long ago. WPB will tighten its control over the supply of cloth to converters and clothing manufacturers (TIME, Dec. 4). Cloth will be released only for the types of clothing WPB wants produced, and within certain price ranges. Meanwhile, OPA will roll back prices to 1943 levels. Thus WPB can force garment manufacturers to switch their output back to inexpensive underwear, shirts, house dresses and other scarce articles...
...Tighten up Congressional control and authority over fiscal policy, but leave financial details to heads of Government agencies...
...rise which thus has more of Dale Carnegie than Horatio Alger in it, the next friend whom Ed Stettinius won and influenced was U.S. Steel's Myron C. Taylor, in 1933. U.S. Steel was rich, fat, sprawling and unwieldy. Taylor had three ambitions : to tighten its management, to increase its popularity with the public and to step out. He chose a triumvirate of youngsters to succeed him: Ben Fairless to handle sales and operations; Enders M. Voorhees to oversee finances; and Ed Stettinius to be "front man." Ed began as vice chairman of the finance committee...
...your money rather than spend it. ... There will be termination [of war contracts], unemployment . . . take-home pay will fall because of the reduction in hours and overtime. You're going to wait for prices to come down . . . for new products. . . . Most important, the war economy didn't tighten your belt too uncomfortably. . . . You haven't been starved enough so you'll want to rush out madly and buy. People won't be letting go." In effect he dismisses the everyone-will-buy-a-helicopter kind of talk by implying that there won't be helicopters for sale, and if there...
...argue that there will not be enough grain for all needs. Livestock numbers, they say, must be reduced 20 to 30% if the U.S. is to have bread for its citizens, corn for its war industries* and wheat for industrial alcohol. When livestock numbers are reduced, the U.S. will tighten its belt...