Word: napalm
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Dates: during 1970-1979
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...long, pink building with seventeen-year-old bullet holes still pock-marking its walls. That day the fourth-graders had filled a bulletin board with a photo exhibit of Vietnamese children. A few pictures showed kids staring blankly at the camera, their flesh grotesquely disfigured by Dow's napalm, but most of the shots were of boys and girls dancing in a circle, making pungi sticks to trap U.S. soldiers, or working in the rice-fields. On top of the pictures was a strip of paper with the words, "Children are born to be happy...
During the Dow demonstrations in 1967, Harvard breathed a sigh of relief when it discovered that it owned no stock in the company holding the government napalm contract...
...Last year, Dow lost the contract bidding to other competing companies. A Dow executive explainel that the company had produced napalm with a minimal profit as a public service but last year decided the contract was not worth the trouble and bid according to regular profit scales...
United Aircraft Corp now holds a $4.3 million Department of Defense contract for producing a small portion of the DOD's napalm supply. The company produces airplanes for most major commercial airlines, but in addition does 55, per cent of its business with the Defense Department...
Unaware of the napalm contract, Harvard owns 10,229 shares of common stock worth $624.000 and another $1.5 million in United Aircraft bonds. This amount is a minute percentage of the company's total stock, having more symbolic than real value...