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Editorial
November 9, 1945
The Ypsilanti Daily Press
Ypsilanti, Washtenaw County, Michigan
What is this article about?
Congressman Earl Michener criticizes the OPA's price adjustment formulas for manufacturers and retailers as obstacles to post-war reconversion, arguing they force small businesses to operate at a loss and burden retailers unfairly, calling for immediate action while agreeing prices should not soar unjustly.
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OCR Quality
95%
Excellent
Full Text
Michener Claims O.P.A. Obstacle to Reconversion
By Esther Van Wagoner Tufty
Washington Correspondent
Special to The Ypsilanti Press
Washington Congressman Earl Michener maintains that the present OPA formula for cost price adjustments of manufacturers and selling prices of retailers is a definite "obstacle to immediate reconversion."
The Adrian Republican has no quarrel with the "apparent objective of the OPA," but finds a difference between theory and practice.
Small businesses are not in a position to operate at a loss for six months, as suggested by the President in his recent speech, before they can appeal for price increases.
As to the retailer, the OPA edict "is not only nonsensical but preposterous," he said.
Retailers must absorb price increases allowed the manufacturers, to say nothing of their own overhead.
He added, "this is injustice spelled with a capital."
Michener declared something must be done now about these conditions and prohibitions against reconversion. All are agreed that prices to the consumer should not be permitted to soar to unjustifiable heights.
By Esther Van Wagoner Tufty
Washington Correspondent
Special to The Ypsilanti Press
Washington Congressman Earl Michener maintains that the present OPA formula for cost price adjustments of manufacturers and selling prices of retailers is a definite "obstacle to immediate reconversion."
The Adrian Republican has no quarrel with the "apparent objective of the OPA," but finds a difference between theory and practice.
Small businesses are not in a position to operate at a loss for six months, as suggested by the President in his recent speech, before they can appeal for price increases.
As to the retailer, the OPA edict "is not only nonsensical but preposterous," he said.
Retailers must absorb price increases allowed the manufacturers, to say nothing of their own overhead.
He added, "this is injustice spelled with a capital."
Michener declared something must be done now about these conditions and prohibitions against reconversion. All are agreed that prices to the consumer should not be permitted to soar to unjustifiable heights.
What sub-type of article is it?
Economic Policy
What keywords are associated?
Opa
Reconversion
Price Adjustments
Small Businesses
Retailers
Michener
What entities or persons were involved?
Earl Michener
Opa
President
Editorial Details
Primary Topic
Opa Obstacle To Reconversion
Stance / Tone
Critical Of Opa Price Policies
Key Figures
Earl Michener
Opa
President
Key Arguments
Opa Formula Is Obstacle To Immediate Reconversion
Difference Between Opa Theory And Practice
Small Businesses Cannot Operate At Loss For Six Months Before Appealing For Increases
Opa Edict Nonsensical And Preposterous For Retailers
Retailers Must Absorb Manufacturer Price Increases And Own Overhead
This Is Injustice
Something Must Be Done Now About Conditions And Prohibitions
Prices To Consumer Should Not Soar Unjustifiably