Evening star., 1942-10-04

poses," as President of the United
States and Commander In Chief of
the Army and Navy, and In order to
control SO far as possible the in
f1ationary tendencies and the vast
dislocattons attendant thereon which
threaten our military effort and our
domestic economic structure, and
for the more effective prosecution of
the war, 1t is hereby ordered as fol-
lows:
TITLE 1.
Establishment Of an ONCE Of
Economic Sterilization.
l. There is established in the
ONCE for Emergency Management
of the executive ONCE of the Presi-
dent an Once OF Economic Stabili-
zation at the head of which shall be
an economic stabilization director
hereinafter referred to as the di-
rector.
2. There is established in the Of
flee of Economic Sterilization an
Economic Sterilization Board with
which the director shall advise and
consult. The board shall consist of
the Secretary of the Treasury, the
Secretary of Agriculture, the Secre-
tary OF Commerce, the Secretary OF
Labor, the chairman of the Board of
Governors of the Federal Reserve
System, the director of the Bureau
OF the Budget, the price admins
traitor, the chairman of the National
War Labor Board, and two repre-
sentatives each of labor, manage
ment, and farmers to be appointed
by the President. The director may
invite for consultation the head of
any other department or agency,
The director shall serve as chairman
of the board
3. The director. with the approval
OF the President, shall formulate and
develop a comprehensive national
economic policy relating to the con-
troll OF civilian purchasing power,
prices, rents, wages, salaries, profits,
rationing, subsidies and all related
matters-all for the purpose of pre-
venting avoidable increases in the
cost OF living. cooperating in mini
mlzlng the unnecessary migration of
labor from one business, industry or
region to another and facilitating
the prosecution of the war. To give
effect to this comprehensive ma
tlonal economic policy the director
shall have power to issue directives
on policy to the Federal departments
and agencies concerned.
4. The guiding policy of the di-
rector and of all departments and
agencies of the Government shall
be to stabilize the cost of living in
accordance with the act of October
2, 1912, and it shall be the duty and
responsibility CT the director and of
all departments and agencies of the
Government to cooperate in the
execution of such administrative
programs and in the development of
such legislative programs as may be
necessary to that end. The admin
istration Of activities related to the
national economic policy shall re-
main with the departments and
agencies now responsible for such
activities, but such administration
shall conform to the directives on
policy issued by the director.
TITLE II.
Wage and Salary Sterilization
Policy.
l. No increases in wage rates,
granted as result of voluntary
agreement, collective bargaining,
conciliation, arbitration, or other
wise, and no decreases in wage rates.
shall be authorized unless notice of
such increases or decreases shall
have been filed with the National
War Labor Board and unless the
National War Labor Board has ap-
proved such increases or decreases.
2. The National War Labor Board
shall not approve any increase in
the wage rates prevailing on Sep
tember Is, 1912, unless such in
crease is necessary to correct NAL
adjustments or inequalities. to
eliminate substandards of living, to
correct gross inequities, or to aid in
the effective prosecution of the war.
Provided, however, that where the
National War Labor Board or the
Price Administrator shall have rea-
son to believe that proposed wage
increase will require a change in
the price ceiling of the commodity
or service involved, such proposed
increase. if approved by the Ma
tional War Labor Board, shall be-
come effective only If also approved
by the director.
3. The National War Labor Board
shall not approve decrease in the
wages for any particular work be-
low the highest wages paid there
for between January l, 1912, and
September IS, 1912, unless to cor
rect gross inequities and to aid in
the effective prosecution of the
war.
4. The National War Labor Board
shall, by general regulation, make
such exemptions from the provis-
ions of this title in the case of small
total wage increases or decreases
AS 1t deems necessary Tor the Ell
fective administration of this order.
5. No increases in salaries now in
excess of $4,000 per year Except in
instances in which an individual has
been assigned to more difficult or
responsible work. shall be granted
until otherwise determined by the
director.
6. No decrease shall be made in
the salary for any particular work
below the highest salary paid there
for between January l, 1912, and
September IS, 1912, unless to cor
rect gross inequities and to aid in
the effective prosecution of the war
7. In order to correct gross in
equities end to provide for greater
equality in contributing to the wal
| effort. the director is authorized tc