Leon & Leo

For four months barrel-bellied Leon Henderson devoted himself: 1) to Havana, Mexico and California, 2) to restoring his bridge reputation as "the best goddam no-trump player in the world," 3) to blocking traffic in such cities of narrow streets as Acapulco by strolling down them in an enormous Mexican sombrero and multicolored fringed scrape, followed by from 20 to 30 small boys, to whom he would occasionally toss a handful of centavos. The four months totally cured his acute case of Washingtonitis.

Leon, now 48 and restored in all respects, announced he would settle down as chairman of the Board of Editors of Leo Cherne's Research Institute of America.

For seven years Leo Cherne, 31, and his Research Institute have done a profit able business in explaining tangled Federal regulations to bewildered businessmen. In 1939, as war began to look inevitable, Leo Cherne persuaded Louis Johnson, then Assistant Secretary of War, to let him spend six weeks in the War Department digging up facts for an M-Day book, Adjusting Your Business to War. Shortly thereafter Louis Johnson went into political eclipse for three years (the Presi dent and much of the Administration seemed shocked at such a forthright indication that the U.S. might go to war). But the book added substantially to Leo Cherne's stature -- and earnings. Since then his loose-leaf Business and Defense Co ordinator has been snapped up (at $150 to $180 a year) by 7,000 subscribers --including a good many U.S. Government offices in search of a handy guide to their own multifarious actions.

During those seven years Leon Henderson, who was at the policy-making level in the U.S. Government, vigorously helped promote the profit-making atmosphere in which Leo Cherne's Institute has thrived. Leon's job with Leo looked like something more than a profitable hookup for the two--it looked like poetic justice.

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