Final answer:
The Emancipation Proclamation freed slaves in areas of rebellion and did not apply to the border states or Union-occupied areas. The statement is False.
Step-by-step explanation:
The Emancipation Proclamation freed only slaves in areas of rebellion and left more than 700,000 in bondage in Delaware, Kentucky, Maryland, and Missouri as well as Union-occupied areas of Louisiana, Tennessee, and Virginia. Therefore, the statement that the Emancipation Proclamation freed slaves only in the (border) states is False.