Word: hauseman
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Dates: during 1940-1949
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...Machinery. These speedy settlements were due largely to the well-oiled machinery set up by handsome Brigadier General Albert Browning, 54, ex-president of United Wallpaper Factories, Inc. of Chicago (TIME, Aug. 30). This machine is now managed by Colonel David N. Hauseman, 49, grey-eyed, soft-spoken director of the Army's Readjustment Division. Born in Pottstown, Pa., Colonel Hauseman graduated from the University of Pennsylvania, was a lieutenant in World War I. He liked the Army, stayed to become an ordnance expert. On various sabbaticals he collected degrees from Massachusetts Tech (Bachelor of Science) and Harvard (Master...
Until last September, General Browning handled contract cancellation, along with his job of fly-specking every Army contract to make certain the U.S. got its money's worth. But General Browning, like many another top businessman, is in Washington only for the duration. So Colonel Hauseman was called from Philadelphia to take over. Now he puts in an eleven-hour day in his Pentagon Building office, smoothly settles canceled contracts at the rate of $1,000,000,000 monthly...
Make It Run. Colonel Hauseman is well aware that the present speed of cancellation is no guarantee that the avalanche of contracts at war's end - perhaps $75,000,000,000 - can be settled as easily...
...average, the Army has paid out 80% of the dollar value of claims. To Colonel Hauseman this is an eminently satisfactory percentage. If it were much less, some would quibble that contractors' claims had been exorbitant. If it were much more, the Army might be suspected of too lax a hold on the purse strings...