Word: fonts
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Makers claim that they have increased the comfort of the new poromerics by doing without the fabric interlayers used to back the first generation of artificial leathers. Those interlayers made the material thick and stiff. Consumers shod in Du Font's product inspired the wisecrack, "Corfam shoes always look brand new; they always feel brand...
Even the U.S. embassy, once the font of optimism in Phnom-Penh, is now playing a waiting game. It no longer talks of reform governments, reorganization of the army, or bright new pacification measures. Gone too is the hint that substantive negotiations are under way. In fact, U.S. sources now openly worry whether the Lon Nol regime can survive the ending of U.S. bombing this week. If in the weeks ahead it does manage to survive, then the insurgents might be tempted to start negotiations. But for the moment Cambodia's existence depends on the force of arms...
Only three years ago, the biggest and oldest family-led company in America, E.I. du Pont de Nemours of Wilmington, Del., was hip-deep in family troubles. Chairman Lammot du Pont Copeland was bogged down in his son's spectacular personal bankruptcy and other problems, and Du Font's industrial stature was sliding. So "Mots" Copeland was eased aside for Charles
Last week McCoy, with the approval of Du Font's board (only a third of its present 27 members have family connections), promoted two nonfamily executives to positions that put them in line to take over when the chairman reaches the mandatory retirement age of 65 next April. Senior Vice President Irving S. Shapiro, who moved up to the new position of vice chairman of the board, is now officially No. 2 in the Du Pont hierarchy, and heir to the chief executive's job. Edward R. Kane, another senior vice president, was appointed president, and will provide...
...divestiture of the company's General Motors stock-a struggle that finally ended in 1965 with Du Pont losing the antitrust action but disposing of the stock on favorable terms. Lately Shapiro has been the company's key negotiator in Securities and Exchange Commission hearings on Du Font's plan to merge with and dissolve Christiana Securities, the Du Pont family holding company-a move that would further reduce family influence...