What do you mean by "early", Brian? Do you mean from before they were bought out by New Britain?
After that, it's well established that Husky was merely a division or managed brand, if you will, of New Britain. Late 1930's and 1940's era Husky socket drive tools are identical to late 1930's and 1940's era New Britain (Circle-NB), NONE BETTER, and also Craftsman BE and Craftsman Circle-H, made by New Britain. What I was referring to was a distinction between Craftsman Circle-H and BE internal to the New Britain empire. The question, "Why two codes for tools made by the same OEM?" is probably what fueled my speculation. Unless I'm mistaken, that's odd for Craftsman and its many maker's codes. Well, that, and me just very simply and crudely associating the "H" with Husky. But Todd's research is solid, and if you look at the 1938 Husky catalog, the address is New Britain, Conn., and it's the same address as New Britain, EDIT: and I can't find anything substantive in my notes for my H=Husky/BE=New Britain speculation, or the re-tooling the old Kenosha plant speculation.