* The power to set priorities for the production of war materials.
* The power to requisition factories and other plants for war production.
* The power to control prices of war materials.
* The power to establish government-owned and -operated factories for the production of war materials.
* The power to negotiate contracts with private companies for the production of war materials.
* The power to make loans to private companies for the expansion of war production facilities.
* The power to guarantee private companies against losses incurred in the production of war materials.