Bowles v. Barde Steel Co.

These cases present questions concerning which, with remarkable foresight and commensurate restraint, a distinguished jurist wrote in the year 1818 “much has been said and much still remains to be said. ’ ’ Kirkpatrick, C. J., in United States v. Smith, 4 N. J. L. 33 (1 Southard). After a century and a quarter of controversy, it now devolves upon this court further to fulfill that prophecy.

These proceedings are brought under the provisions of the Emergency Price Control Act of 1942, as amended by the Stabilization Extension Act of 1944. 56 Stat. 23, 56 Stat. 765, 58 Stat. 632; 50 U. S. C. A.,…