Word: hendersons
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Price Boss Leon Henderson has long held the theory that price increases which stimulate needed production are not inflationary. Last week he established his first price ceiling putting that theory into practice...
...effectiveness of price-control seems conclusively proven by this time. In his testimony before the Committee, Leon Henderson, federal price-administrator, pointed out that in the 12 of the 28 basic commodities which have already been placed under price-control, the index had shown a decrease of 2.4 points during a given period. At the same time, prices in the uncontrolled division had risen from 154 points to 168, with foodstuffs rising some 10 points higher...
...meet the inflation threat arising from this sky-rocketing of prices, the Administration-sponsored bill before the House committee calls for the delegation of discretionary powers to an administrator to place a ceiling over prices. In the past, Henderson has been severely handicapped by the absence of legal authority for price-fixing. The new bill would empower him to set up an arbitrary ceiling, based on past averages, above which prices of commodities cannot legally rise. Violation of such rulings would subject the offender to prosecution by the Attorney-General's Office, unless the established price can be proved unsatisfactory...
WASHINGTON -- Automobile production in January, 1942 was ordered cut today "at least" 51 per cent below output in January, 1941, by Civilian Supply Chief Leon Henderson, who warned leaders of the Industry that shortage of materials may operate to force even steeper curtailment...
...Under Henderson's order a maximum of 304,848 passenger automobiles can be produced next January, as compared with output of 415,350 this January...