THE ADMINISTRATION: Obituary

Died. The Office of Price Administration, five years and six months old, in its heyday the controversial guardian of price controls on some 8,000,000 items from bubble gum to locomotives, once staffed with 235,000 volunteer workers in 5,561 local boards; by executive order of the President, after a long decline induced by progressive decontrol. OPA's heirs: Department of Agriculture (sugar and rice) ; Office of the Housing Expediter (rents); Department of Commerce (winding up OPA records); Department of Justice (pending enforcement cases).

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!