and behind the lines that's the billion front with its job of living and producing in the napoleonic wars there was no effective price control to get the necessities of life people had to pay you so much money in the first year of these long and bitter for the same amount of goods in the second year people were forced to pay more money and still more in the third this price rise continued until napoleon finally surrendered at waterloo and then came a rapid born in prices with the resulting depression in the civil war we had no effective controls and prices continued upward until the end of the war  then came another swift fall in prices hard times came again during world war one in adequate controls let prices rise rapidly until the this inflationary rise stopped momentarily then climbed to the dizzy a stake in history before the country fell into a disastrous depression let's examine closely this first great industrialized war first came more time inflation than a new thing happened we had a post war inflation deflation and depression followed wartime inflation occurred because stores that in peacetime had enough but those able to buy could not be supplied by many factor which had to convert to war production more people had to be employed to produce the weapons needed inflation result by returning veterans who needed clothes and other thing by people who showed little or no restraint in their buying shares those became scarce or prices were bid up higher and higher inflation continue the place and started when fewer and fewer workers this reduces buying power still further factories without orders also close and still more workers were laid off farmers lost their farms on the auction block from foreclosures mounti unemployment became widespread such is the lesson of history in wars without adequate price control when world war two blasted the start of a new chapter our history prices began to rise but this time your government had the foresight to establish effective price and rent controls and with the magnificent cooperation of the people of the united states the price rise was checked and controlled until victory world war two experience demonstrated that control can hold the line well world one experience demonstrated that in adequate controls will bring inflation followed by dysplasia and resulting misery there can be but one answer the fight against inflation must go on price and rent controls will work only if we cooperate as we did during the war easy for anyone to think that paying more than a ceiling price just once won't do any harm but it won't be done just one it will be done hundreds and thousands of times in fact market buying and selling ever became a habit and then the price structure would blow up into inflation and drop us into the device and instead of a few men out of jobs as a result of reconversion difficulties millions of workers and their friends would be unemployed  price control and rent control to be effective must have the cooperation of all the people in the reconversion  to help bring goods back on the shelves of the nation's store goodness that prices people can pay this will bring more customers into store customers that will enable merchants to place more orders for more good then factories can employ more people bottom good that will make controls no longer necessary the phone production of goods that prices people can afford to pay can bring an even higher standard of living to on the people of the united states and contribute to the peace security and stability of the entire