The War Assets Administration was established in the Office for Emergency Management, effective March 25, 1946, by EO 9689, January 31, 1946. American factories had produced massive amounts of weaponry during the World War II. Hundreds of thousands of tons of surplus military equipment, from mess kits to tanks, airplanes, machine guns, artillery, and even warships, were now being offered for sale as scrap by the War Assets Administration (WAA).
Read more about War Assets Administration: Predecessor Agencies, Functions, Abolished, Successor Agencies
Famous quotes containing the word war:
“The war shook down the Tsardom, an unspeakable abomination, and made an end of the new German Empire and the old Apostolic Austrian one. It ... gave votes and seats in Parliament to women.... But if society can be reformed only by the accidental results of horrible catastrophes ... what hope is there for mankind in them? The war was a horror and everybody is the worse for it.”
—George Bernard Shaw (1856–1950)