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Office of Economic Stabilization
The
Office
of
Economic
Stabilization
was
established
within the
United States
Office for Emergency Management
on
October 3
,
1942
, pursuant to the
Stabilization Act of 1942
, as a means to control
inflation
during
World War II
through
regulations
on
price
,
wage
, and
salary
increases.
Directors
1942-1943
James Byrnes
1943-1945
Fred
M. Vinson
1945-1946 William H. Davis