Office of Price Administration
American, 1941 - 1947
Established: In the Office for Emergency Management (OEM), by EO 8875, August 28, 1941.
Predecessor Agencies:
Price Stabilization and Consumer Protection Divisions, Advisory Commission to the Council of National Defense (commonly known as National Defense Advisory Commission, NDAC, 1940-41) Office of Price Administration and Civilian Supply (OPACS), OEM (April- August 1941).
Transfers: To independent agency status by the Emergency Price Control Act (56 Stat. 23), January 30, 1942; to newly established Office of Temporary Controls (OTC) by EO 9809, December 12, 1946, except Financial Reporting Division to Federal Trade Commission.
Functions: Stabilized prices and rents by establishing maximum prices for commodities (except agricultural commodities controlled by the Secretary of Agriculture) and maximum rents in defense areas. Rationed scarce essential commodities and authorized subsidies for production of some of those commodities.
Abolished: Effective May 29, 1947, by General Liquidation Order, OTC Administrator, March 14, 1947.
For more information: https://www.archives.gov/research/guide-fed-records/groups/188.html
Predecessor Agencies:
Price Stabilization and Consumer Protection Divisions, Advisory Commission to the Council of National Defense (commonly known as National Defense Advisory Commission, NDAC, 1940-41) Office of Price Administration and Civilian Supply (OPACS), OEM (April- August 1941).
Transfers: To independent agency status by the Emergency Price Control Act (56 Stat. 23), January 30, 1942; to newly established Office of Temporary Controls (OTC) by EO 9809, December 12, 1946, except Financial Reporting Division to Federal Trade Commission.
Functions: Stabilized prices and rents by establishing maximum prices for commodities (except agricultural commodities controlled by the Secretary of Agriculture) and maximum rents in defense areas. Rationed scarce essential commodities and authorized subsidies for production of some of those commodities.
Abolished: Effective May 29, 1947, by General Liquidation Order, OTC Administrator, March 14, 1947.
For more information: https://www.archives.gov/research/guide-fed-records/groups/188.html