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The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941. The functions of the OPA were originally to control money ( price controls ) and rents after the outbreak of World War II .
The Supply Priorities and Allocations Board (SPAB) was a United States administrative entity within the Office for Emergency Management which was created and dissolved during the World War II. The board was created by President Franklin D. Roosevelt via Executive Order 8875 on August 28, 1941, and dissolved less than five months later. [ 1 ]
The Emergency Price Control Act was penned as three titles specifying rulings for price controls regarding agricultural commodities, goods and services, and real property. The Act provided authority for enforcement, investigative reporting, and reviews of price stabilization schedules by the Office of Price Administration. The law specified a ...
The Office of Price Administration (OPA) warned Americans of potential gasoline, steel, aluminum, and electricity shortages. [5] It believed that with factories converting to military production and consuming many critical supplies, rationing would become necessary if the country entered the war.
The Economic Stabilization Act of 1970 (Title II of Pub. L. 91–379, 84 Stat. 799, enacted August 15, 1970, [2] formerly codified at 12 U.S.C. § 1904) was a United States law that authorized the President to stabilize prices, rents, wages, salaries, interest rates, dividends and similar transfers [3] as part of a general program of price controls within the American domestic goods and labor ...
The Defense Production Administration was established by Executive Order 10200 on January 3, 1951. Its mandate was to oversee the federal government's defense production program, which included materials production, manufacturing conversion, setting of production quotas , and establishing the mix of defense and civilian production.
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In 1941 he became head of the Office of Price Administration. His tenure there was controversial and he was deeply unpopular, especially with farmers. [ 7 ] Edwin W. Pauley , secretary of the Democratic National Committee in 1942, listed five factors for Democratic losses in the 1942 election, and resentment of Leon Henderson was listed as one ...