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...businessmen got good news. Boss Robert H. Hinckley, Czar of Contract Settlement, noted in his first report to Congress that $21 billion in war contracts have already been canceled without jamming up production ($65 billion in war contracts are still outstanding...

Author: /time Magazine | Title: TRANSITION: Fast Payoff | 11/13/1944 | See Source »

Last week Czar Hinckley made things even smoother. He put into operation a single cancellation system for both Army & Navy, and gave officers greater authority to make spot settlements of small contracts. Come V-E day, Hinckley predicted, another $20 billion of the contracts will be canceled. He expects speedy settlement of these-the War Department is now paying off on canceled contracts on an average of 45 days after bills are filed...

Author: /time Magazine | Title: TRANSITION: Fast Payoff | 11/13/1944 | See Source »

...plan is the work of dark, smart Brigadier General Albert Jesse Browning, 45, the Utah-born ex-wallpaper manufacturer who is the Army's assistant director of materiel. General Browning carefully tested the plan on some 15 companies, then had it approved by Contract Settlement Boss Robert Hinckley. The plan permits contractors right now to begin filling out the forms needed to wind up a contract, and to work out an agreement on costs and profits, to take effect the moment the contract is actually canceled...

Author: /time Magazine | Title: TRANSITION: Turn on the Heat | 10/2/1944 | See Source »

...Hinckley resigned from his Commerce job and-he hoped-from government, took a plush, fancy-salaried job as vice president of the Sperry Corp. Asked to come back to Washington, he refused repeatedly, finally saw Franklin Roosevelt. By the time he left the White House, Hinckley was making contract termination plans...

Author: /time Magazine | Title: Business & Finance: Charm and Reconversion | 7/24/1944 | See Source »

...much personal charm, Bob Hinckley has the diplomacy for his new job. Born in Fillmore, Utah, the grandson of a friend and aide of Brigham Young, he organized a successful pioneer airline, the Utah-Pacific Airways, rose swiftly from a post as an assistant administrator of the WPA to the chairmanship of the Civil Aeronautics Authority. He became Assistant Secretary of Commerce...

Author: /time Magazine | Title: Business & Finance: Charm and Reconversion | 7/24/1944 | See Source »

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