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:
“I do not mean to exclude altogether the idea of patriotism. I know it exists, and I know it has done much in the present contest. But I will venture to assert, that a great and lasting war can never be supported on this principle alone. It must be aided by a prospect of interest, or some reward.”
—George Washington (1732–1799)