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...Starting two years ago, Carter's charges of "kickbacks" and "rip-offs of the American people" spread alarm far beyond the targeted oil companies. Says Irving Shapiro, chairman of Du Pont: "I regret that the President seems to have been taken in by the argument that the oil industry should be made a public villain. I have to speculate that [Media Adviser] Gerald Rafshoon told him there are votes in doing...
...most recent meetings between the President and a group of corporate chiefs was in March, and it went poorly. General Electric Chairman Reginald Jones, General Motors Chairman Thomas Murphy and Du Pont's Shapiro, among others, were brought to the White House with what they thought was a promise of a long session with Carter to get at basic issues. At the last minute, the ground rules were changed, and all the business leaders got was a 15-min. "photo opportunity" for the TV cameras and a brief lecture from the President on the need to support the guidelines...
...read music before words, studied with Otto Klemperer, and used his personal wealth to create his own half-size orchestra. Though considered a second-rate conductor, Scherman was admired as an explorer of new music and rediscoverer of such forgotten compositions as Berlioz's L 'Enfance du Christ. He premiered more than 100 orchestral works...
...most participants, the real question was: If no one can prove that bigness is bad, then why ban it? To Irving Shapiro, chairman of E.I. du Pont de Nemours, the concept amounted to "no fault antitrust." In other words, it penalized companies simply for being more successful than their competitors...
Since both the extent and the effects of industrial concentration are uncertain, most speakers favored a go-slow policy to sort out the facts before trying to enact new antitrust legislation. Said Du Pont's Shapiro: "In view of our domestic economic needs and our international competitive problems, we would do well not to go off on major, and perhaps irreversible, social experiments until there are convincing reasons...