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Office Of Economic Stabilization
The Office of Economic Stabilization was established within the United States Office for Emergency Management on October 3, 1942, pursuant to the Stabilization Act of 1942, as a means to control inflation during World War II through regulations on price, wage, and salary increases. Directors * 1942-1943 James Byrnes * 1943-1945 Fred M. Vinson * 1945-1946 William H. Davis See also * Emergency Price Control Act of 1942 * Office of Price Administration The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941. The functions of the OPA were originally to control money (price contr ... References Defunct agencies of the United States government Agencies of the United States government during World War II Government agencies established in 1942 1942 establishments in the United States {{US-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office For Emergency Management
The Office for Emergency Management (OEM) was an office within the Executive Office of the United States President. It was established by administrative order, May 25, 1940, in accordance with executive order EO 8248, September 8, 1939. The office functioned to assist the President in clearing information on defense measures. It maintained liaison with national defense agencies and coordinated the national defense program. The office was abolished progressively, with the Division of Information terminated by EO 9182, June 13, 1942; liaison functions terminated with resignation of Liaison Officer for Emergency Management (the OEM director), November 3, 1943; and Division of Central Administrative Affairs abolished, effective November 30, 1944, by EO 9471, August 25, 1944, with the Department of the Treasury named as liquidator. Successor agencies *United States Civil Service Commission *United States Office of War Information (nonspecific functions of OEM's Division of Inform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stabilization Act Of 1942
The Stabilization Act of 1942 (), formally entitled "An Act to Amend the Emergency Price Control Act of 1942, to Aid in Preventing Inflation, and for Other Purposes," and sometimes referred to as the "Inflation Control Act", was an act of Congress that amended the Emergency Price Control Act of 1942. Contents The Act authorized and directed the President to issue an order stabilizing prices, wages and salaries to the levels they had had as of September 15, 1942, and to issue additional regulations related to the Act. The Act excluded from stabilization "insurance and pension benefits in a reasonable amount to be determined by the President". The Act also extended the expiration date of the Emergency Price Control Act by a year, to June 30, 1944. As a penalty for violating the Act, the Act provided for a fine of $1000, imprisonment for up to a year, or both. On October 3, 1942, the day after the statute's enactment, President Franklin Roosevelt issued Executive Order no. 9250, f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James F
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fred M
Fred may refer to: People * Fred (name), including a list of people and characters with the name Mononym * Fred (cartoonist) (1931–2013), pen name of Fred Othon Aristidès, French * Fred (footballer, born 1949) (1949–2022), Frederico Rodrigues de Oliveira, Brazilian * Fred (footballer, born 1979), Helbert Frederico Carreiro da Silva, Brazilian * Fred (footballer, born 1983), Frederico Chaves Guedes, Brazilian * Fred (footballer, born 1986), Frederico Burgel Xavier, Brazilian * Fred (footballer, born 1993), Frederico Rodrigues de Paula Santos, Brazilian * Fred Again (born 1993), British songwriter known as FRED Television and movies * ''Fred Claus'', a 2007 Christmas film * ''Fred'' (2014 film), a 2014 documentary film * Fred Figglehorn, a YouTube character created by Lucas Cruikshank ** ''Fred'' (franchise), a Nickelodeon media franchise ** '' Fred: The Movie'', a 2010 independent comedy film * '' Fred the Caveman'', French Teletoon production from 2002 * Fred Flint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Hammatt Davis
William Hammatt Davis (August 29, 1879 – August 13, 1964) was the Chairman of the War Labor Board (WLB) in the administration of President Franklin Roosevelt, where his job was keeping industrial peace between management and labor. He was also appointed US Economic Stabilizer in the last months of World War II, though Roosevelt's successor, Harry S. Truman, soon eliminated this potentially powerful position. Davis also helped draft the National Labor Relations Act (the Wagner Act) of 1935, which gave labor unions the right to organize. Early life Born and raised in Bangor, Maine, Davis was the brother of Pulitzer Prize winning playwright Owen Davis. He graduated from Bangor High School and received a law degree from George Washington University in 1901. His first job was in the U.S. Patent Office, but he soon left to become a successful New York patent attorney. He returned to government service briefly in World War I, working in the War Department. New Deal and wartime ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emergency Price Control Act Of 1942
The Emergency Price Control Act of 1942 is a United States statute imposing an economic intervention as restrictive measures to control inflationary spiraling and pricing elasticity of goods and services while providing economic efficiency to support the United States national defense and security. The Act of Congress established the Office of Price Administration (OPA) as a federal independent agency being officially created by Franklin D. Roosevelt on April 11, 1941. The H.R. 5990 legislation was passed by the 77th U.S. Congressional session and enacted into law by Franklin D. Roosevelt on January 30, 1942. Provisions of the Act The Emergency Price Control Act was penned as three titles specifying rulings for price controls regarding agricultural commodities, goods and services, and real property. The Act provided authority for enforcement, investigative reporting, and reviews of price stabilization schedules by the Office of Price Administration. The law specified a tim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
