No Complaints

Joseph Edward Otis Jr. is president of Indiana's Dodge Manufacturing Corp., makers of thousands of small precision parts for ships and planes. Last week, while many another businessman fretted over the strange, uncomfortable new world in which he found himself, smooth-thinking Otis sat down and wrote these muscular, unmincing words to his stockholders:

"Let me emphasize again the abnormality of present conditions. In the last analysis we have but one customer—Uncle Sam. Not only is he our only customer, but through OPA he fixes the prices at which we shall sell; he determines through WPB what materials we shall have...

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!