Good News on the Home Front

T. R. B.
April 1941
New Republic;4/28/41, Vol. 104 Issue 17, p600
Focuses on issues related to production and price control in the United States during the Second World War. Report that the Congressional committees investigating the progress of the national-defense effort have been told by military authorities that production is running ahead of schedule; View that the brilliant success of the Dykstra Mediation Board has made some Representatives' chances of passing the labor legislation negligible; Report that the President's strategy of waiting for the strike-provoked hysteria to die down proved highly successful; View that the excitement over strikes at home and military debacles abroad obscured the importance of complete reorganization of the defense set-up by the President; Information on creation of the Office of Price Administration and the appointment of Leon Henderson as administer; View that Henderson has all the power to control prices that the War Industries Board had in 1917; View that Henderson will try to foresee shortages and do something in advance, by studying productive capacity, keeping track of raw-material stocks and planning; Report that Henderson was responsible for the remarkable situation in which the price index rose slightly, while the production index was rising; Speculation that Henderson will be able to prevent inflation in this emergency and after.


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