The President of the United States of America takes pleasure in presenting the Navy Cross to Lieutenant William Edgar Peterson, Jr., United States Naval Reserve, for extraordinary heroism and distinguished service in the line of his profession as Officer In Charge of a United States Navy LST during operations in the Southwest Pacific in 1943. Lieutenant Peterson opened up a barrage of accurate anti-aircraft fire when Japanese dive bombers attacked at 500 feet, and sent two planes crashing in flames. When a direct bomb hit started fires in ammunition and gasoline compartments and wounded many members of the crew, he calmly organized fire and rescue parties. His presence of mind and devotion to duty undoubtedly saved his ship and the lives of many members of his crew. Lieutenant Peterson’s inspiring leadership and the valiant devotion to duty of his command contributed in large measure to the outstanding success of these vital missions and reflect great credit upon the United States Naval Service.