Word: hendersons
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...more new tires? Then you recap. No-now there was no "camelback" for use in recapping, either, except for a few "essential" autos. But you still have your old tires. Well, maybe-but Leon Henderson hinted last week that the U.S. might requisition tires from private cars to keep doctors, police, defense workers rolling. Well, you can take a taxi. No-taxi tires wear out too"; taximen predicted they'd be off the streets in a few months...
Clarence Crane Brinton '19, associate professor of History and senior fellow of the Society of Fellows, has been appointed chairman of the Society of Fellows to succeed the late Lawrence J. Henderson, Abbot and James Lawrence Professor of Chemistry, the University announced yesterday...
...accelerated pace: between last July and January, they rose 9%, as against 5% for the Department of Labor index of 889 wholesale commodities. This ominous trend is even more evident when compared with wholesale prices exclusive of farm and food products. The index for non-farm commodities (where Henderson's ceilings have been concentrated) has risen only 17% in the entire war period, and rose only 4% in the last six months of 1941. Moreover, Henderson's inflationary $15,000,000,000 has barely begun to be felt, and will press upon retail prices with infinitely more force...
Last week, members of the National Retail Dry Goods Association (with ten other retail associations) offered Henderson their own plan for holding retail prices down. They hoped controls could remain voluntary, that continued average-cost pricing would be enough. But they talked most of how to handle OPA control when & if it came. On this, the retailers had two main suggestions: 1) that ceilings be selective, not (as in Canada) blanket, and apply only to widely used and acutely scarce products; 2) that any ceilings imposed take account of the time lag between retailers' buying and selling periods...
...week's end there was no indication from Leon Henderson as to what he thought of N.R.D.G.A.'s proposals. Retailers showed notable self-restraint before Leon got his price powers; now that he has them, they hoped he would show the same...