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BALTIMORE CONTRACTORS, INC. v. RENEGOTIATION BOARD

No. 10090.

383 F.2d 690 (1967)

BALTIMORE CONTRACTORS, INC., Petitioner, v. The RENEGOTIATION BOARD, Respondent.

United States Court of Appeals Fourth Circuit.

September 13, 1967.

Attorney(s) appearing for the Case

Robert D. Wallick, Washington, D.C., (Morris Rosenberg, Baltimore, Md., and Robert M. Goolrick, and Steptoe & Johnson, Washington, D.C., on brief) for petitioner.

David L. Rose, Atty., Dept. of Justice (John W. Douglas, Asst. Atty. Gen., and Morton Hollander, Atty., Dept. of Justice, on brief), for respondent.

Before HAYNSWORTH, Chief Judge, and BRYAN and J. SPENCER BELL, Circuit Judges.

HAYNSWORTH, Chief Judge:

We agree with the Tax Court that the Renegotiation Act of 1951 is a constitutional exercise of the war powers of Congress. The Korean Conflict was smaller than World War II, but its impact upon the nation's economy was heavy enough to warrant congressional invocation of the war powers to limit profits on defense contracts.

Within three weeks after the invasion of the Republic of Korea by the armies of North Korea,

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