Ogden Daily Standard | 1918-12-04 | Page 3 | Accept Baruch's Resignation from the War Board

ACCEPT BARUCH'S ! RESIGHATIOH FROM THE IR BOARD WASHINGTON. Dec. i. President Wilson has accepted tho resignation of Bernard M. Baruch as chairman of, the war industries board, effective ( January 1. and has agreed that the war industries board cease to exjst! as a government agency on that date.! In the correspondence made public! today, the president expressed the hope that Mr. Baruch would remain in Washington so that the government might continue to have the benefit of his advice. Mr. Baruch gave as his reason for resigning the fact that with the signing sign-ing of tho armistice "and the consequent conse-quent cancellation of contracts, there i was no longer a shortage of materials I and the war Industries board immediately imme-diately removed its curtailments." In I liko manner the necessity for maxi-1 maxi-1 mum prices is disappearing except in a few isolated cases which can best be regulated through the war trado board." Mr. Baruch said the facilities of the board had been put at tho disposal of tho various contracting agencies of the government and that the activities believed to bo of lasting value are being transferred to permanent departments de-partments of the government whero they may bo carried forward.