Senate Authorizes Investigation into District of Columbia Commodity Prices (February 11, 1943)
Washington D.C. – On February 11, 1943, the United States Senate took a significant step to address potential price gouging and ensure fair market practices by authorizing an investigation into the prevailing commodity prices within the District of Columbia. This action, formalized through the printing of Senate Report 78-49, signaled a commitment by lawmakers to monitor and potentially regulate the cost of essential goods during a period of national concern.
The report, officially titled “Authorizing an investigation of commodity prices prevailing in the District of Columbia,” indicates a proactive stance by the Senate in safeguarding the economic well-being of its citizens. While the specific details and findings of the investigation itself will likely be documented in subsequent reports, the initial authorization suggests a recognized need to examine the pricing of various commodities.
During the 1940s, the United States was deeply involved in World War II. This era was characterized by significant economic shifts, including wartime rationing, increased industrial production, and fluctuating supply chains, all of which could impact commodity prices. It is plausible that the Senate’s decision to investigate prices in the District of Columbia was a response to concerns about inflation, potential hoarding, or unfair pricing practices that might disproportionately affect consumers in the nation’s capital.
The Senate’s commitment to transparency is evident in the public availability of this report through GovInfo.gov. The fact that this document is now accessible provides valuable insight into the legislative priorities and concerns of the time. Future research into the subsequent findings of this investigation could shed light on the specific commodities examined, the reasons for any price discrepancies identified, and the measures, if any, that were subsequently recommended or implemented.
This legislative action underscores the historical role of government in overseeing economic conditions and protecting consumers. The authorization of this investigation by the Senate in 1943 serves as a reminder of the ongoing efforts to ensure a stable and equitable marketplace for all citizens.
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govinfo.gov Congressional SerialSet published ‘S. Rept. 78-49 – Authorizing an investigation of commodity prices prevailing in the District of Columbia. February 11, 1943. — Ordered to be printed’ at 2025-09-12 17:17. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.