Word: hendersons
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Dates: during 1940-1949
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...from the Far East, U.S. farmers had the food situation well in their plow-calloused hands. They were doing better than the Washington food bureaucrats. A half-dozen Government agencies were dabbling in the food problem, with well-confused results. The Agriculture Department's sugar section and Leon Henderson's Office of Price Administration, among others, played with sugar rationing. Nearly everyone had a hand in the fats & oils market: Agriculture, OPA, State Department, Board of Economic Warfare, WPB's food section, Jesse Jones's Defense Supplies Corp., even the British Purchasing Commission...
...principal credit for spotlighting forced saving: 1) Leon Henderson, OPA price fixer, talked ominously last February about the "inflationary gap." This year, said Henderson, in round figures, our spendable national income will amount to $80 billions. Only $65 billions of consumable goods (1941 prices) will be available. 2) England's urbane, puckish, innovating economist, J. M. Keynes, originally detonated the deferred-pay bombshell in November 1939. The Exchequer pooh-poohed Keynes in 1940, but put a part of his idea into the 1941-42 budget...
...nerve of Leon Henderson to intimate he might confiscate tires from some of us and give them to others...
...here that anyone else who agrees with me will they please write their Congressman now, talk it over with others, etc., etc., and generally cause such a "stink"-yes, that's the word-that Mr. Henderson will realize he put his foot in it when he said what he did-and will be more careful in the future...
...commercial photographer at the Urea Casino in Rio de Janeiro saw a good shot, took it, then lost his plates to his boiling-mad subject. The shot: Leon Henderson dancing the samba with a showgirl...