Editing Government Corporations (section)

==Spruce Products Corporation==
The Spruce Products Corporation (SPC) was the only of the corporations on this list mentioned in any of the speeches being analyzed ('[[Encroaching Control]]').  It is also called the Spruce Products Division.  It was put under the direction of the United States Army Signal Corp's Aviation Division.
<BLOCKQUOTE>''The committee further said they found little evidence that any agency, bureau or department created in answer to an emergency ever went out of existence even after the emergency had disappeared. Well, an example of this could be the Spruce Products Corporation a government corporation which Congress ordered liquidated in 1920. 30 years later, it was still in existence. This was the corporation founded in [[World War I]] to secure spruce wood for airplane fuselages.''</BLOCKQUOTE>
Reagan also talks about SPC in [[Losing Freedom by Installments]].
<BLOCKQUOTE>''Congress ordered the immediate liquidation of the Spruce Products Corporation in 1920.  In 1930, they tried again.  In 1947, it was still in business.  In 1948, they found the answer &mdash; the cut off its appropriation.  This was the agency created in World War I to find spruce wood for airplane fuselages.''</BLOCKQUOTE>
I can't find any definitive evidence that the SPC existed for 30 years after it was ordered liquidated.  Perhaps, as Reagan noted in the written article, the funds were simply appropriated, but the company no longer existed, which certainly begs the question: ''Where did that money go?''