Congress had only until Saturday midnight to act. By then the Defense Production Act would expire, and with it all the President's power to control a galloping war economy. Obviously Congress would not let that happen. Congressional leaders got set to jam through a temporary extension until a new bill was ready to take its place. That new bill is not apt to please Harry Truman at all.
For two months, the Banking and Currency committees of the two houses had debated the subject with an air of leisureliness, skepticism and downright hostility...
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