TEXTILES: Time to Slow Up

If consumers would stop their mad rush to buy clothing and wait until midsummer, they might save themselves close to a billion dollars a year. Reason: prices will be lower. Last week, WPB and OPA finally decided to snap a checkrein on runaway textile prices. Shoppers agreed that it was high time. Since 1939 the volume of woven fabrics available to civilians had decreased 20%, but the nation's clothing bill had zoomed skyward from 1939's $5.8 billion to $11.4 billion last year.

What the OPA-WPB team now proposes to do is so kindergarten-simple in outline that consumers might well ask...

Want the full story?

Subscribe Now


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!