Word: hendersons
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...Kenneth Henderson '26, of the American Alpine Club, showed movies of rock climbs in the While Mountains. These pictures included scenes of several climbs that the Club has recently made or is going to undertake for the first time in several years. The new climbs were made possible by the unusually large number of leaders in the Club this year...
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...
...took the word "rubber"' out of the U.S. language last week. All the gold in Fort Knox (some $14,500,000,000) could not bring enough rubber from the Jap-infested Far East to satisfy the U.S. demand (50,000 tons a month). Price Boss Leon Henderson ruled that the nation's "average" motorists-including traveling salesmen, taxi drivers, and isolated countrysiders without other means of transportation-may not buy new tires. Only exemptions: medicos and their aides, ambulances, fire fighters, police services, garbage trucks, mail trucks, public busses carrying at least ten persons, ice-&-fuel delivery, farm...
...people had more money to spend than ever before in their lives. Total retail sales for the year were more than $54,000,000,000, which was $10,000,000,000 more than 1940 and $6,000,000,000 more than 1929. Since all retail prices (thanks to Leon Henderson) rose no more than 8%, the country lived better in 1941 than it ever had before...
...remained oppressive, the demands for food crops had begun a price rise, which the Congressional hayseeds, smelling Utopia, quickly climbed aboard. It took a Roosevelt veto to stop them from freezing the surpluses; but nothing could stop them from raising the floor under farm prices, nor from demolishing Leon Henderson's gingerly attempts to give them a ceiling. Result: farm prices led all prices upwards; farm income reached an alltime high of $11,200,000,000 for the year. Two days after Pearl Harbor, Ed O'Neal, for 17 years a farm lobbyist, remarked: "For the first time...