Word: baruchly
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Then politics took a hand. The Administration, faced with Bernard M. Baruch's challenge to freeze all prices-wages, farm prices, rents, everything-lost its political nerve. The labor-loving President recoiled from freezing wage levels...
Bigger Than Baruch. Nelson took over his enormous job with one enormous advantage: he had consistently avoided involvement in the endless internecine politics of Washington. He had avoided politics to such an extent that he had been criticized for pulling punches. But his 28 years of training as a middleman had helped fit him for the post of middleman of defense. Though some businessmen called him too New Dealish, no New Dealer thought him a hidebound reactionary...
...President abolished SPAB, gave Nelson, as head of the War Production Board, final authority-authority greater than any U.S. citizen except the President himself has ever had, greater than that wielded by sage old Bernard Mannes Baruch, World War I production tsar. For the first time under the New Deal, a top man was given power to hire & fire without a Presidential...
Tipoff: the industry branches, which were one of the mainstays of Barney Baruch's organization in World War I, have been weak in this war, divided between Knudsen-Hillman and Leon Henderson. OPM took them all over last fall, since Pearl Harbor has intensified its efforts to make them a real policy bridge between Army & Navy and industry. Significantly Phil Reed is the policy head, not the production or sales genius...
...Veto for Baruch. Tennessee's handsome young Albert A. Gore presented his own blunt plan for price control: an overall bill to freeze all prices, including farm commodities and wages. The Gore bill was taken directly from the ideas of Elder Statesman Bernard Baruch, head of the World War I Industries Board, and had Baruch's official blessing. The House rejected it by a vote...