The author of the letter is expressing their concerns about the potential consequences of abolishing the Office of Price Administration (O.P.A.) all at once. They believe that without price controls, the cost of goods will skyrocket and only benefit certain individuals, leading to inflation and chaos. The author suggests focusing price controls on necessities and gradually releasing controls on other goods to maintain stability in the economy.

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Concerns about the Office of Price Administration and the Future of American Economy

Identifier:
CAC_CC_047_1_6_31_0010
Contributing Institution:
Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
Title:
Concerns about the Office of Price Administration and the Future of American Economy
Date Created:
1946-06-03
EDTF:
1946-06-03
Creator:
unknown
Rights:
http://rightsstatements.org/vocab/NKC/1.0/
Language:
eng
Record Type:
correspondence
Collection:
George B. Schwabe Collection
Collection Finding Aid:
https://arc.libraryhost.com/repositories/3/resources/37
Description:
The author of the letter is expressing their concerns about the potential consequences of abolishing the Office of Price Administration (O.P.A.) all at once. They believe that without price controls, the cost of goods will skyrocket and only benefit certain individuals, leading to inflation and chaos. The author suggests focusing price controls on necessities and gradually releasing controls on other goods to maintain stability in the economy.
Congress:
79th (1945-1947)
Physical Location:
CAC_CC_47_1_0000, Box 6, Folder 31, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
Location Represented:
Oklahoma (state), United States (nation)
Type:
Text
Extent:
1 Page