Word: ponts
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Dates: during 1970-1979
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PATERNALISM. Du Pont pensions may be revoked even after retirement for "any activity which is harmful to the interest of the company." Governor Peterson got a written exemption, the report says, in case he had to act in office against Du Pont. What is more, adds the report, the company has fired employees who sought to bring in a national union. Shapiro says that in 30 years the pension revocation clause has been used in three cases, all involving salesmen who took customer lists to competitors. The company contends that it treats its employees so well that they have felt...
...Though blacks are 15% of Delaware's population, according to Equal Employment Opportunity Commission reports as of two years ago, the state's chemical industry had only 1.5% blacks in office and clerical jobs, .4% as chemists and engineers and none as salesmen. Irenée du Pont responds: "We'd love to have 15% blacks at all levels of employment, but the prime consideration is doing the job properly." He says that few blacks yet have the technical training required...
...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...