NAM Industry Head Challenges Snyder Output Figure
Milwaukee NAM president Robert R. Wason said Snyder’s $150 billion 1946 production estimate rests on prices, not real output. He argued 1939-price production was $100 billion or less after price index adjustments and quality declines, warning small businesses would suffer under wage price controls. He urged removal of OPA ceilings and reduced deficits to restore prosperity.
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Robert R. Wason
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War Shipping Admin Skeptical On Butter Cache Claim
Washington AP report says officials of the War Shipping Administration questioned a captain's claim that he was ordered to retain 1,200 pounds of butter as surplus aboard his vessel. The exchange occurred Monday with WSA officials expressing doubt about the instruction.
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