On With Inflation

After two weeks, 200 cigars and thousands of words. Leon Henderson lifted his bulky body from the witness chair of the House Banking & Currency Committee at last week's end, trudged back to his office. The committee was tired of hearing about price control (TIME. Aug. 11), was going home for a vacation.

There was no vacation in prospect for Leon. He left the committee room with the same powers over prices he had when he entered: none at all except those he could exercise through OPM's priorities section. But prices were still shooting up and it was still his...

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