Kankakee Valley Post, Volume 17, Number 3, DeMotte, Jasper County, 6 December 1946 — PAUL PORTER RESIGNS AS OPA LEADER [ARTICLE]

PAUL PORTER RESIGNS AS OPA LEADER

Truman Accepts Resignation; Lucrative . Job In Radio Offered Ex-Chief Washington, Nov. 30 Price Chief Paul A. Porter who steered the embattled OPA through its

most trying period, resigned tonight, effective Dec. 4. He reportedly will take a $50,000 a year job In the radio industry. His departure had been rumored since Nov. 9 w’hen President Truman, belabored by Congress to abolish controls, ended all controls except those on rents, sugar and rice. Resignation of John D. Small, chief of the Civilian Production administration, is expected soon. The fast-dying OPA and CPA both are destined to become part of a office of rents and priorities which will liquidate them and all other remaining war-time economic controls. The 42-yar-old Porter inherited the OPA from Chester A. Bowles in Feburary when Bowles moved up to economic administrator. In his letter of resignation to

Truman, Porter scotched reports that he would return to his old job as chairman of the Federal Communication commission. He said he was leaving the federal I service for personal reasons which make it imperative that he sever ! all connections with the govern- ' ment. ■ The president accepted his resignation with regret and, thanking him for a “job well done,” confided that he was optimistic about the outcome of the battle against inflation—provided labor and management demonstrate a “patriotic concern for the common good.” Mr. Truman’s letter, addressed to “Dear Paul,” said his work and that of his associates, during recent months had lessened the “danger of ruinous postwar inflation.” « “Indeed, there is no cause for

pessimism over the economic outlook for the future if management and labor will. under freedom from direct government controls, demoonstrate the kind of patriotic concern for the common good which has characterized your administration of OP A.”