Executive Order 9745—Providing for the Interim Administration of Certain Continuing Functions of the Office of Price Administration

WHEREAS although the Emergency Price Control Act of 1942, as amended and the Stabilization Action of 1942, as amended, will terminate on June 30, 1945, there are nevertheless certain functions, powers and duties of the President, the Office of Price Administration, and the Price Administrator thereunder that will continue beyond that date, particularly with respect to offenses committed or rights and liabilities incurred thereunder prior to said termination date; and WHEREAS certain functions, powers, an duties with respect to allocation and rationing that are vested in the President by Title III of the Second War Powers Act, as amended , and that have been delegated to the Office of Price Administration and Price Administrator are not affected by the termination of the said Emergency Price Control Act and the said Stabilization Act, and it is desirable that provision be made for their continued administration on an interim basis, pending further legislative action on price control and stabilization: NOW, THEREFORE, by virtue of the authority vested in me by the Constitution and the statues, particularly by Title I of the First War Powers Act and Title III of the Second War Powers Act, as amended, as President of the United States and Commander in Chief of the Army and Navy of the United States, it is hereby ordered as follows: The Office of Price Administration and Price Administrator are directed to continue to exercise and perform all those functions, powers and duties vested in them under or pursuant to the Emergency Price Control Act of 1942, as amended, and the Stabilization Act of 1942, as amended, which do not terminate by reason of the termination of those Acts as of June 30, 1945, and all functions, powers, and duties delegated to them under or pursuant to Title III of the Second War Powers Act, as amended. All orders, regulations and directives heretofore issued and in force at this time with respect to the functions, powers and duties of the Office Price Administration and the Price Administrator specified in the preceding paragraph shall continue in force and effect until modified or revoked by proper authority. This Executive order shall not be deemed to authorize the office of Price Administration or the Price Administrator to establish or maintain any regulation or order with respect to current prices or rents, unless and until otherwise provided by legislation hereafter enacted. HARRY S. TRUMAN THE WHITE HOUSE, June 30, 1946