Business & Finance: Mastodon or Mouse?

After months of racking labor, WPB and OPA last week finally brought forth their much-advertised plan 1) to put cheap essential clothing back on retailers' shelves, and 2) roll back clothing prices for the consumer. But there was a big question whether the joint travail had brought forth a mastodon or a mouse.

OPA Boss Chester Bowles was pretty sure that he had a mastodon. WPB had taken over control of 80% of the civilian supply of cottons, 80% of the woolens, and 75% of the rayon. It had set up a complicated system of...

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!