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WoodrowFan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-04 08:10 PM
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7. economic controls
The war had officially ended in September 1945, this does appear to have been a pro-forma declaration needed to end various economic controls held by the President. Most of the price and wage controls were released earlier in 1946. When the Korean War started in 1950 Congress had to pass new bills in 1950 and 1951 to restablish the right of the President to assert economic controls again.
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