Word: baruchly
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...whom could he turn? There was, inevitably, Elder Statesman Bernard M. ("Bernie") Baruch, production tsar of World War I. The President (said informal sources) was thinking about him. Baruch is 72 years old but carries his 6 ft. 3½ in. height with gusty vigor...
...grant of power had never been really enough to make him manager of the war effort. He came in after most of the production had been blueprinted, most of the nation's store of raw materials already earmarked for duty. Many of the powers a modern-day Bernard Baruch needs were spread through other agencies-Office of Defense Transportation, War Manpower Commission, Office of Price Administration, Food Control-over which he had no direct control, or even advisory powers. And the Army & Navy, retaining the right to make war contracts, could always veto him in fact...
...Bernard Baruch admitted that he had 200 Ib. on hand for himself and ten servants...
Four months ago Canada adopted the over-all ceiling plan-devised by Elder Statesman Bernard M. Baruch out of his World War I experience-after piecemeal stopgaps had failed. Now the U.S. was in the same fix. Price Boss Leon Henderson, who had tried to control prices by tackling them one at a time, was like a man with a rotted garden hose; as soon as he repaired one leak, a new one popped...
...great wartime solution, proposed occasionally for 20 years and passionately for two years by Baruch, was simply to proclaim at any random date that the price, wage and profit levels existing on that day constitute the final ceilings. Where these ceilings were unjust, adjustments would be made later. If such a level had been proclaimed two years ago, says Baruch, a billion arguments, frustrations, delays and inequities would have been saved the U.S.-not to mention billions of taxpayers' dollars in the rising costs of everything, from butter to guns...