Word: hendersons
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...wartime excise taxes on the products they make. Last week they launched an attack on all excise taxes except those on liquor, gasoline and tobacco, and substitution of a flat sales tax on everything except food, rent and medicines. Spokesman for the committee was old New Dealer Leon Henderson onetime head of OPA. A sales tax, he argued, would produce revenue quickly, discourage spending, spread the increased tax load to all income brackets, and be easier to collect than income...
...immediate price and wage curbs. Mobilizer Wilson called Economic Stabilizer Alan Valentine to his office and served him with an ultimatum: come up fast with a workable plan for controls or else. Valentine put in a distress call for the price czars of World War II days-Leon Henderson, Paul Porter, Chester Bowles-and conferred earnestly with them for two days. He patched together some suggestions and sent them to Wilson. They were not enough. With a flick of his wrist, Mobilizer Wilson got Valentine fired and installed in his place Washington-wise Eric Johnston, $125,000-a-year boss...
...James Henderson Duff, 68, walked into Suite 244 in the Senate Office Building last week and hung up his cream-colored fedora. "Big Red" Duff, biggest political force in Pennsylvania, had arrived to take on his job of U.S. Senator-15 days late, because he had stayed to finish out his full term as Pennsylvania's governor...
Married. Faye Emerson, 33, bosomy actress of cinema (Guilty Bystander) and TV (The Faye Emerson Show) ; and Lyle Cedric ("Skitch") Henderson, 32, British-born pianist, bandmaster, disc jockey; she for the third time (No. 2: Elliott Roosevelt), he for the first; in Cuernavaca, Mexico...
...Expensing the Excess." If Snyder was a lukewarm advocate, several onetime New Dealers were passionately opposed to the tax. Ex-OPA Boss Leon Henderson, now a businessman's consultant, termed the tax "a built-in barrier to new investment." War profits, said Henderson, should be kept down by constantly renegotiating military contracts. He insisted that World War II's excess profits tax had not caught profiteers: "Only one out of every six corporations that earned any income paid an excess profits tax . . . No statistician will ever figure out how many corporations escaped E.P.T. by the simple device...