Word: hendersons
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Baruch is immune to panic and impervious to hot-flush enthusiasm, a stranger to mercurial emotions, remorseless in decision. Henderson is a walking panic, either marrow-frozen or running a death-watch fever, and is given to so many enthusiasms at once that he looks like the last 30 seconds of a Japanese tumbling...
...older man was Bernard Mannes Baruch, 70. Beside Mr. Baruch's right ear, the good one, sat Leon Henderson, 45, earnest, gesticulating, mildly profane...
History brought the Messrs. Baruch and Henderson together. One had made it; the other has read it, and now will have to make some himself...
There are two general ways to get more goods: by encouraging the expansion of capacity or by letting prices skyrocket until producers get in motion under the urge of big profits. The first seems preferable to Henderson and the New Dealers, and is the direction in which the U.S. is rapidly moving; the second is the theory of free-price advocates, who believe that the profit motive alone is sufficient incentive in U.S. industry...
...direct and immediate purpose of these levies is to take the heat off Leon Henderson in his job of preventing price inflation. If the boom were to remain unchecked, Henderson would be swamped by civilian demand competing for goods in a market restricted by defense priorities...