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Show war may soon end Su, there exists the neceSE ? period of economic 0Sity C before any seN made to resume vle0 J St i, without regard toh7 the strain of our wars eftect I OPA FEARS LOSS, OF FIGHT ON INFLATION "It was just at this stage of the last war that we lost the fight against inflation," declares Chester Ches-ter Bowles, Administrator of the Office of Price Control, who fears that "we may make the same tragic mistakes again." The continuation of our war against Japan may prevent Americans Amer-icans from jumping to the conclusion con-clusion that the national emergency emergen-cy is over and that all controls should be abandoned. However, there will be-a strong tendency to suggest that the Government end oil nrt-ifinial controls and the sen- timent will be strongly expressed as defeat nears Japan. This demand will be based upon the selfish efforts of some business busi-ness men to take advantage of the situation and also upon the erroneous erron-eous conclusion of many citizens that the cessation of hostilities removes re-moves the necessity for economic controls. Obviously, this is not the case because many months will elapse before the national economy econo-my will have an opportunity to function under normal world conditions. con-ditions. Teh situation is illustrated by the case of a man, taken to a hospital for a major operation. None of his relatives, if they expect ex-pect him to live, suggest, as the surgeon sews him up, that the operation op-eration is over and that the patient pa-tient return immediately to work. Everybody recognizes the inevitable inevi-table after effects and the necessity neces-sity for a period of convalesence. In much the same sense, the national emergency has produced a profound shock to the nation's economy. While the operation of |