On August 28, 1941, President Roosevelt’s Executive Order 8875 created the Office of Price Administration

What is OPA in history?

The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941. The functions of the OPA were originally to control money (price controls) and rents after the outbreak of World War II.

What did the OPA Institute?

It became an independent agency under the Emergency Price Control Act 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.