INFLATION: Canada's Henderson

Canada has had a price-control apparatus for two years, but only last month (TIME, Oct. 27) did it get power, and only last week did it get a Leon Henderson. To the chairmanship of the Wartime Prices & Trade Board went a dynamic, burly, black Celt, Donald Gordon, 40.

A shy, gangling boy when he arrived in Canada from his native Scotland in 1914, Donald Gordon was the Dominion's youngest (19) bank inspector six years later. In 1935 Graham Towers, Governor of the new Bank of Canada, picked him as its secretary; he became deputy governor at 37. Little known then...

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