signed
30/08/1941
by Franklin D. Roosevelt
30/08/1941. “My administration has sought from the outset to restore agricultural prices to levels which would enable our farm people to share equally with urban people the goods and services of their joint effort…But neither…can we ask our consumers to bear inordinate increases in living costs. Moreover, unless we act promptly to check the inflationary tendencies in evidence all about us, agriculture itself will be burdened with rising debts and higher costs, as it was following the last war.”In the spring of 1941, the world war was raging and getting ever closer to American shores. President Roosevelt felt the need to protect rents from inflation, and (truncated)