Truman announcing end of World War II
President Harry S. Truman seated at a desk before a microphone announcing the end of World War II in Europe.
President Truman took to the air tonight, explaining his veto of the OPA Bill, to the American people. The President said that the Extension Bill was a choice between "inflation with a statute and inflation without one." He said that if the bill becomes law, the people of the country would think they had a workable price control law but would soon come to a "bitter realization" of the truth. From: Beth Gore.