PRICES: Where Are the Clothes

In high dudgeon, OPA Boss Chester Bowles last week got after the clothing industry. He charged that manufacturers are deliberately making the clothing shortage worse, that they are holding back on shipments till after Jan. 1, to take advantage of the repeal of the excess-profits tax. Said Bowles: "The public's need for clothes seems to mean little to some producers."

But angry words, as Bowles well knows, bring few beeves to market. So he also acted. He broadened OPA's plan of "incentive" price increases to coax the quick production of more consumers' goods, chiefly low-priced articles. Shoe manufacturers were granted a...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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