Word: leon
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Dates: during 1940-1949
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Bulky OPAdministrator Leon Henderson dislikes patronage. Balky Congress dislikes Henderson and loves patronage. Around that low-pressure area last week still blew the tempest over price control...
...Leon Henderson had asked the purse-proud Budget Bureau for $210 million to up his staff of 7,300 to 90,000 price cops and helpers. This was whacked down to $161 million, enough for 66,000 legmen...
...down chiseling and bootlegging, OPA suspended the supplies of many gas dealers who failed, according to Leon Henderson's snoops, to punch ration cards...
Farm prices have stolen a backward march on Leon Henderson, have declined without waiting for a ceiling to be clamped on them. Wheat last week was down 15? a bushel from the 1942 high; corn, 5?; rye, 28/5 soybeans, 27?; cotton, 2?: a pound; eggs, 4? a dozen...
Basis for this cheer was Leon Henderson's report that, from May 15 to June 2, living costs in 21 sample cities had actually declined one-tenth of 1%. It was the first time since November 1940 that the rise had been checked even momentarily. How long the ceiling can hold, with purchasing power soaring, with labor and farm prices uncontrolled, is another question...