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El Centro, Imperial County, California
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Article discusses leaks in Washington news, particularly the 'Niagara of Leaks' for the General Maximum Price Regulation, the overloaded War Labor Board, and Leon Henderson's economics lectures on anti-inflation efforts.
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Big Washington news has a way of leaking out long before it is officially announced. A lot of it does not leak down the gully, but the trickles indicate what's coming. That was particularly true on the recently announced General Maximum Price Regulation. The leaks on this schedule were so frequent and so many that Dexter Keezer, administrator of the Consumers' division, dubbed it "The Niagara of Leaks."
The War Labor Board, which is supposed to settle the labor controversies that can't be conciliated, is up to its neck. The board has had about 125 cases referred to it for settlement, some 25 of them being inherited from the reorganized National Defense Mediation Board. The board has settled only 30-odd cases.
Price Administrator Leon Henderson every now and then has to get into what he calls a lecture on economics to explain some of the background for his anti-inflationary moves. "A lot of people," he says, "have had to take courses in Henderson I or Henderson II".
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Washington news leaks frequently, especially about the General Maximum Price Regulation, dubbed 'The Niagara of Leaks' by Dexter Keezer. The War Labor Board is overwhelmed with 125 cases, settling only about 30. Leon Henderson explains his anti-inflationary policies through economics lectures.