Word: ponte
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Dates: during 1940-1949
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...Morgan & Co. & First National Bank of N.Y.; Kuhn-Loeb & Co.; Rockefeller, Mellon and Du Pont families...
Last week General Electric completed a dicker to take over, from Du Pont, the management of the $347,000,000 Government-owned plant at Hanford, Wash. Although the three great piles in the Hanford desert were built to produce plutonium for bombs, their byproduct is unharnessed energy in enormous quantities. G.E. will run the piles at cost plus $1. Its profit will be in priceless experience...
There were also shifts on the board of directors. Lammot du Pont, who has not been active in G.M. affairs, resigned and Director Donaldson Brown, another Du Pont man, though remaining a director, withdrew from any "further executive responsibilities" on the General Motors board. This caused Wall Streeters to buzz that Du Pont was about to pull out of G.M. Both G.M. and Du Pont denied it. As proof there was nothing to the report, they pointed to the four Du Pont men still on the board...
Died. Zara du Pont, 77, peppery maverick of the munitions-making clan, longtime champion of child welfare, women's suffrage, and the labor movement; in Boston...
...Pont's biggest war job was designing, building and operating the $350,000,000 Hanford atom bomb project. For this, its fee was exactly...