Fippin

On October 4, 1945, acting under the authority of Title I of the First War Powers Act, 1 the President issued an Executive Order, Executive Order No. 9638, 50 U.S. C.A.Appendix, § 601 note ( 10 F.R. 12,591 ) which terminated the existence of the War Production Board and transferred all its functions and powers to another agency created by the same Order, the Civilian Production Administration. The new agency was directed to use the functions and powers transferred to it by this Order “to further a swift and orderly transition from wartime production to a maximum peace-lime production * * * and to that end shall * * * (a) expand the production of materials which are in short supply, (b) limit the manufacture of products for which materials or facilities are insufficient, (c) control the accumulation of inventories so as to avoid speculative hoarding and unbalanced distribution which would curtail total production, (d) grant priority assistance to break bottlenecks which would impede the reconversion process, (e) facilitate the fulfillment of relief and other essential export programs, and (f) allocate scarce materials and facilities necessary for the production of low-priced items…