Board of Economic Warfare

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Board of Economic Warfare" – news · newspapers · books · scholar · JSTOR (December 2009) (Learn how and when to remove this message)

The Office of Administrator of Export Control (also referred to as the Export Control Administration) was established in the United States by Presidential Proclamation 2413, July 2, 1940, to administer export licensing provisions of the act of July 2, 1940 (54 Stat. 714). Brigadier General Russell Lamont Maxwell, United States Army, headed up this military entity. It was abolished by Presidential Executive Order 8900, September 15, 1941, and its functions were transferred to the Economic Defense Board, which had been established by Presidential Executive Order 8839, July 30, 1941, to develop policies and programs to strengthen U.S. international economic relations.^[1] The name was changed to Board of Economic Warfare by Presidential Executive Order 8982, December 17, 1941. In turn, it was abolished by Executive Order 9361, July 15, 1943, and the functions were transferred to the newly created Office of Economic Warfare, OEM, which also assumed control of U.S. Commercial Company, Rubber Development Corporation, Petroleum Reserves Corporation, and Export-Import Bank of Washington from the Reconstruction Finance Corporation. Consolidated into the Foreign Economic Administration, 1943.