Word: leon
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Dates: during 1940-1949
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From at least one business source came evidence that some businessmen are more concerned with the danger of inflation than with any past quarrels with Leon. Editorialized the American Metal Markets: "For the edification of those Congressmen who are enjoying their verbal tilts with Leon Henderson, it might not be amiss to present a picture of the No. 1 defense industry-steel-suffering from lack of raw material because committeemen delay . .. price authority and suitable penalties. . . . It may be that Mr. Henderson is not temperamentally the best man . . . but his honesty, patriotism and ruggedness are beyond question. . . . Price chaos...
...Leon Henderson tussled with rebellious prices last week (see above), one thing that can nullify all his efforts got bigger than ever: money in the hands of the public ("in circulation") reached a record $9,899,000,000, 22% above a year ago, more than double 1929. Moreover, the big demand for cash over the Labor Day holiday was sure to push it over the $10,000,000,000 mark...
...other was Montana-born Helen Madden, 30, secretary to Leon Henderson. The well-complected girls became friends over the telephone long ago in the constant crisscross of Nelson-Henderson calls. They had reason to decide to get acquainted, as they sat in the green-leather-&-chromium lounge, munched cream cheese and veal sandwiches. They were destined for greater collaboration, like their bosses, who had become, by Presidential order on the night before, the key men in U.S. defense management...
Besides Chairman Wallace, the SPABoard consists of War Secretary Henry L. Stimson; Navy Secretary Frank Knox; William S. Knudsen, OPM's Director-General; Sidney Hillman, labor's man; Harry L. Hopkins, Lend-Lease Administrator, Defense-Aid director; and Leon Henderson in charge of Civilian Supply...
Left entirely independent was Mr. Henderson's Office of Price Administration (OPA). Prices will still be managed by Leon Henderson, who became a split personality. He will be his own liaison man between his two selves, managing civilian supply from his vantage point on the SPABoard, controlling prices from a vantage point...