Word: hendersons
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...reasserting the Senate's rights, protesting unnecessary concentration of executive power under the screen of national defense. But the flare-up indicated how much crockery will fly when the Administration makes its next big legislative proposal-as it will this week in asking price-fixing powers for Leon Henderson...
...Washington, New York's Congressman John Taber, charging fellow-traveling in Henderson's OPACS, named Robert Brady ("He is one of those birds in the price-fixing outfit under Henderson.") and Brady's wife ("She was the business manager of a magazine known as Friday which ties right into the Communist front...
Last week was bad for Price Administrator Leon Henderson. It was a week in which a six-month-old price rise (led by agricultural commodities) gathered speed...
...prices have risen, the faster has Leon brandished his only effective weapon over them-his jawbone. By last week he reminded even his friends of Hugh Johnson at the climax of NRA. Chrysler, Ford, Hudson, Nash, Studebaker had all announced price increases ranging from $10 to $53 a car. Henderson wired them a request to rescind the increase; Chrysler refused. So Leon let Chrysler have it. If everybody were as uncooperative as Chrysler, he said, the whole country's price stability would be undermined...
...this tiff, Henderson chose to occupy an unpopular salient. He picked on Chrysler's profits, which he said were about $20,000,000 (after taxes) during the first six months of this year. Nash and Studebaker, whose price increases were allowed after the Chrysler refusal, have not been making much money, and this-as well as their willingness to cooperate-was cited by OPACS men as a reason for not bearing down on them. "If a company is in a position to absorb cost increases, we're asking them to do it," said OPACS Price Director John Kenneth...