The Impact of Government Regulations on American Industry, 1946-07-10

The document is a letter from George B. Schwabe, a congressman, to M.E. Hampe expressing his opposition to the resurrection of the O.P.A. bureau. Schwabe explains that he has consistently opposed extensions of the bureau and has voted to abolish it whenever possible. He acknowledges Hampe's support in the fight against the O.P.A. and reassures him that he will continue to resist any imposition on the people. The letter also criticizes President Truman's policies, particularly regarding price control and labor issues. The document argues that Truman's approach stifles economic growth and innovation, and questions the need for continuing war powers and the draft. The letter highlights the negative impact of government intervention on industries and calls for a return to common sense in economic policies.