President Truman did not like the new OPA bill but he knew that this one would have to do. He signed it "with reluctance." He also attached a message. To the public he said that holding prices in line was as much its job as it was Government's. To the Congress he said that if the bill and the people themselves fail to dam inflation he would call Congress back into a special session to frame a stronger act.

No one knew where prices might go under the new law. Much depended on the three-man OPA Decontrol Board. It would...

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