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The Daily Alaska Empire
Juneau, Juneau County, Alaska
What is this article about?
On July 13, the Senate passed a revised OPA revival bill stripped of many price controls, extending the agency for one year and reinstating June 30 ceilings and rent controls with exemptions for meat, dairy, grains, and other items. It is expected to go to a conference committee for rewriting, as President Truman is unlikely to accept it.
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Bill Appears Too Far Stripped for President Truman to Accept
WASHINGTON, July 13.—The House has received from the Senate an OPA revival bill which has been stripped of almost as many major price controls as it promised to restore. Final passage in the Senate came early this morning.
Apparently the measure is amended far beyond the bounds which would permit President Truman to accept it. In the House, the bill is likely to receive a quick push toward a Senate-House conference committee, where administration leaders hope to rewrite it from top to bottom.
As passed by the Senate, the new OPA bill would extend the agency one year and restore price control ceilings as of June 30. It would reinstate rent controls, with a provision that states take over in rent control where they have adequate laws.
However, the bill prohibits price controls over meat, poultry, eggs, butter, cheese, milk, or other dairy products, cottonseed, soy beans, grain, livestock or poultry feed, and all forms of tobacco. Petroleum would have no ceiling as long as supply meets domestic needs.
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Domestic News Details
Primary Location
Washington
Event Date
July 13
Key Persons
Outcome
bill passed senate early morning of july 13; likely to senate-house conference for rewrite; president truman unlikely to accept due to excessive amendments; restores some controls but exempts key commodities.
Event Details
The Senate passed an OPA revival bill stripped of many major price controls, extending the agency one year, restoring June 30 price ceilings and rent controls (with state takeover option), but prohibiting controls on meat, poultry, eggs, dairy, cottonseed, soy beans, grain, livestock/poultry feed, tobacco, and petroleum if supply meets needs. House received it and pushes to conference.