Was William McAdoo responsible for allocating materials establishing production priorities and setting prices for all materials?

William McAdoo, as the U.S. Secretary of the Treasury during World War I, played a significant role in the allocation of materials and production priorities, particularly through his work with the War Industries Board. However, he was not solely responsible for setting prices for all materials; this was typically managed by different government agencies and boards. His influence was substantial in coordinating resources to support the war effort, but he operated within a broader framework of government oversight.