Word: ponte
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...transportation-equipment industry-indeed, 90% of all Canadian plants that employ 5,000 or more workers. Many a Canadian suburbanite begins his day by brushing his teeth with Crest, grabbing a cup of Maxwell House instant coffee, hopping into a Mustang and heading for work at, say, Du Pont of Canada...
Merrill Lynch's new prominence in investment banking lends substantial clout to a firm that already had resources far beyond those of its closest competitors, Bache & Co. and Du Pont, Glore Forgan & Co. In 1970, for example, when many brokerage houses were barely treading water, Merrill Lynch posted earnings of $40.7 million; what it lost on its sluggish stock business it more than made up in other operations like the trading of commodities and Government bonds. When the final figures are in, its performance for last year will be even more spectacular. In the first nine months, its earnings...
...nearly 18 months by a seven-man task force led by James Phelan, 26, a Yale Law School senior who was once interviewed for a Raidership by Edward Finch Cox, now married to Tricia Nixon. Unhappily, the Raiders' work is marred by contradictions and errors. The Du Pont-owned Chambers Works in Deepwater, N.J., which makes a variety of chemical products, does not discharge 100 billion gallons of effluent daily into the Delaware; the figure is 100 million gallons of dilute effluent-still no small amount. The report complains that the Du Pont company contributes only...
More gravely, the Nader report garbles its account of the bankruptcy of Lammot du Pont Copeland Jr. (TIME, May 3), son of the recent Du Pont board chairman. Inexplicably, also, the report accuses the family-controlled newspapers of downplaying news that National Guard troops were stationed in Wilmington in 1968 at a time of racial disturbance and stayed for nine months. On the contrary, both papers played the story on the front page for weeks, crusaded to get the troops out and even nominated themselves for a Pulitzer Prize for their efforts...
...Small. Representative Pierre du Pont agrees that his family has had an important impact on Delaware, but he argues that "by and large" that influence has been good. He adds: "Many of the problems discussed in the report are problems of the corporate system in general. Perhaps they are exaggerated in our case because Delaware is so small." Wryly, he concurs with the Nader recommendation that the Wilmington newspapers should be sold. Says Du Pont: "I would get more coverage if they were...