05/19/1940
https://www.presidency.ucsb.edu...
"This provision of not less than 110 percent of parity is a very definite violation of an objective which had been sought for eight years."
"We certainly ought not to cut off our help that we have given to other Nations at this time."
"The Emergency Price Control Act of 1942 is an important weapon in our armory against the onslaught of the Axis powers."
"To make price and rent control effective, the Administrator is given adequate powers to license persons subject to the Act."