Word: leon
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Dates: during 1940-1949
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Vexed by a Dies Committee charge that he had formerly worked as a committee member in promoting Technocracy,† U.S. Price Administrator Leon Henderson proved that he had been no such thing. Once again he twitted Congressman Dies with a challenge he had made before: "I will eat on the Treasury steps any subversive organization to which Mr. Dies proves I ever belonged. Try again, Mr. Dies...
Tipoff: the industry branches, which were one of the mainstays of Barney Baruch's organization in World War I, have been weak in this war, divided between Knudsen-Hillman and Leon Henderson. OPM took them all over last fall, since Pearl Harbor has intensified its efforts to make them a real policy bridge between Army & Navy and industry. Significantly Phil Reed is the policy head, not the production or sales genius...
...people had more money to spend than ever before in their lives. Total retail sales for the year were more than $54,000,000,000, which was $10,000,000,000 more than 1940 and $6,000,000,000 more than 1929. Since all retail prices (thanks to Leon Henderson) rose no more than 8%, the country lived better in 1941 than it ever had before...
...surpluses remained oppressive, the demands for food crops had begun a price rise, which the Congressional hayseeds, smelling Utopia, quickly climbed aboard. It took a Roosevelt veto to stop them from freezing the surpluses; but nothing could stop them from raising the floor under farm prices, nor from demolishing Leon Henderson's gingerly attempts to give them a ceiling. Result: farm prices led all prices upwards; farm income reached an alltime high of $11,200,000,000 for the year. Two days after Pearl Harbor, Ed O'Neal, for 17 years a farm lobbyist, remarked: "For the first...
Lanny chats with Leon Blum and with the protofascist sons of an ex-mistress, and indulges in some mild flirtations, but his one dissipation is his telephone talks with old Johannes Robin, his rich Jewish relative by marriage in Berlin. These talks, and Lanny's occasional visits, reveal Germany's complex political landscape-and reveal also the terrible pathos of a Scheiber (profiteer) who caught on too late...