William Harbour, a shipmate, who was directly under him in the ammunition handling room when the bomb exploded, told the most complete story of his galant death. Mr. Harbour, later released from the Navy to become an aviation cadet in the Army Air Corps, said further: "My first three Japanese planes will be offered as a token to the memory of Lieutenant Edward Max Price."
He attended Lincoln Grade School in Charleston; Hargrave Military Academy in Chatham, Virginia; Concord State College, Athens, West Virginia; and the United States Naval Academy with the highest scholastic record in the class. He was valedictorian, and received medals for scholarship and marksmanship on the rifle team, and an award for being the most outstanding senior of the year. His high record was maintained at the Naval Academy where he ranked twenty-sixth in a class of 550. On graduation from the Academy he was assigned to the "Lexington" as an ensign. In the line of duty, his superiors rated him as a "splendid officer."
Admiral Chester W. Nimitz, commander in chief of the Pacific Fleet, commended the young officer in a citation for bravery: "He contributed immeasurably to the destruction wrought on the attacking aircraft by skillfully directing the fire of his batteries. He perished at his battle station carrying out his duties in the best tradition of the Naval Service."
On October 20, 1943, the glistening hull of a destroyer escort slid down the ways from Conolidation Steel Corporation shipyards in Orange, Texas. Her banners waved proudly as the spectators cheered the return of Lieutenant Priceīs name to Americaīs roster of fighters in action."