War Contracts and Profit Limitation

Archive Report


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Richard M. Boeckel, Editor

Published by Editorial Research Reports 1013 Thirteenth Street, N. W. Washington

Congress and Profits of War Contractors

Clarifying amendments to an act of April 28, 1942, providing for renegotiation of war contracts which allow excessive profits, were included by Congress in the recently approved Revenue Act of 1942. While the amendments were requested by the affected government departments and were believed to be acceptable to war contractors, their adoption was not regarded as constituting final disposition of the question of contract renegotiation or the general question of ...

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