Founding President
Franklin D. Roosevelt inaugurated the Council of National Defense Advisory Commission on May 29, 1940, to include Price Stabilization and Consumer Protection Divisions. Both divisions merged to become the Office of Price Administration and Civilian Supply (OPACS) within the Office for Emergency Management by Executive Order 8734, on April 11, 1941. Civil supply functions were transferred to the Office of Production Management. It became an independent agency under the
Emergency Price Control Act, January 30, 1942. The OPA had the power to place ceilings on all prices except agricultural
commodities, and to ration scarce supplies of other items, including tires, automobiles, shoes, nylon, sugar, gasoline, fuel oil, coffee, meats and processed foods. At the peak, almost 90% of retail
food prices were frozen. It could also authorize subsidies for production of some of those commodities.
Dissolution As early as 1944, in its annual debate about price control extension,
Congress discussed limiting the power of the OPA as World War II drew to a close and the necessity of price controls was called into question. While some argued for the continuation of price controls to hold post war inflation in check, there was widespread support among conservatives and businessmen for the rapid deregulation of the economy as it reconverted to a civilian footing. Groups such as the
National Association of Manufacturers and the National Retail Dry Good Association sought to guarantee companies a minimum amount of profits, thereby effectively limiting the price control measures. While these renewals were considerable successes for many consumer advocacy groups, they also marked the height of the OPA, from which the agency's power and popularity would decline in the next two years. Some of its functions were taken up by successor agencies: • Sugar and sugar products distribution by the Sugar Rationing Administration in the
Department of Agriculture pursuant to the Sugar Control Extension Act (61 Stat. 36), March 31, 1947 • Price controls over rice by the Department of Agriculture by Executive Order 9841, on April 23, 1947, effective May 4, 1947 • Food subsidies by the
Reconstruction Finance Corporation, effective May 4, 1947 • Rent control by the Office of the Housing Expediter, effective May 4, 1947 • Price violation litigation by the
Department of Justice, effective June 1, 1947 • All other OPA functions by the Division of Liquidation,
Department of Commerce, effective June 1, 1947. Famous employees include
economist John Kenneth Galbraith, legal scholar
William Prosser,
President Richard Nixon, and law professor
John Honnold. The OPA is featured, in fictionalized form as the Bureau of Price Regulation, in
Rex Stout's
Nero Wolfe mystery novel
The Silent Speaker. The OPA unsuccessfully tried to revoke the car dealer license of unorthodox businessman
Madman Muntz for violating used car regulations, subject to price control. Muntz was acquitted in Los Angeles Superior Court on 1 August 1945. During the
Korean War, similar functions were performed by the
Office of Price Stabilization (OPS). == Women and the OPA ==