GOVERNMENT: Leon's Week

With prices popping around him like popcorn in a fire, busy Leon Henderson last week:

> Put a ceiling on hides of 15¢ a lb., 2¢ below recent highs.

> Stabilized quotations on several paperboard products.

> Started an investigation of silk prices.

> Asked Standard Oil of Ohio to postpone a proposed ½¢-a-gal. rise in Diesel, tractor and furnace oil prices.

> Asked Ford, Studebaker, Chrysler, Nash and Hudson, who raised prices $10 to $53 a car last fortnight, to rescind their decision. He scolded them for not consulting him first.

It was possible this...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!