Thanks for the comments and advice. This is a voltage clamp for a vacuum tube #80 power supply. Since the #80 is a directly heated filament cathode it is alive quickly on power up, however the other tubes in the radio are indirectly heated cathodes. It takes about 3 seconds for the other tubes to start conduction, so the voltage is high until they load the #80 rectifier. So, this circuit would provide enough of a load to keep the voltage at a more reasonable level for 3 seconds. I have a model of the #80 rectifier which seems to be follow the spec sheet curve, which gives me some indication of how much load I need to keep the voltage acceptable.
I still need to select a high voltage zener and will probably use 2 or 3 in series to spread the dissipation, maybe 5 watt range will be enough. When the power stabilizes this circuit would not conduct any current, because the power is pulled down below the zener voltage in normal operation. I should learn how to create models, but I think this is OK to get my thinking straight, and to choose the part. Thanks again.