Word: ponts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...importation of "sporting" guns; to a Mexican general "to make his life more pleasant" to a citizen of Honduras who "always gets permits because he advances money to public officials including the President himself" a 4% commission to Chinese officials on a Chinese powder purchase. This a du Pont official admitted was a bribe, adding "it is an old Chinese custom." The State Department, which knows that such customs in China, Latin America or anywhere else will not be changed by official indignation in Washington, sees nothing to be gained by arousing the wrath of the foreigners with whom...
...publicity holiday for Senator Nye. They have sufficient difficulty in getting what they regard as adequate appropriations for themselves. From their standpoint, if foreign governments can be induced to buy U. S. arms, that is a cheap way of supporting the Army's and Navy's own arsenals: du Pont, Remington, Winchester, Colt, et al. In last week's Senate testimony it was brought out that Chief of Staff MacArthur in former years made speeches in the Near East to promote the sale of U. S. arms. A munitions scandal might tar the War and Navy Departments with the same...
Irenee and Pierre du Pont admitted to a Senate committee yesterday that a profit of six per cent, plus an occasional bonus "to speed up work and encourage invention," would be sufficient for munitions manufacturers in a forthcoming war. This is an eminently reasonable attitude. Six per cent on a billion or so will provide any little luxuries that the family may require, and an attempt to obtain more might encourage some unthinking persons to question the whole matter of private profit in wartime. Besides, the returns from the last international skirmish have probably left a small balance...
...Pont de Nemours was charged with having betrayed U. S. military secrets to foreign nations by having entered into an agreement for an exchange of patents with Nobel, Ltd. of London. Evidence was an intracompany memorandum objecting to the exchange: "If it could be shown that the du Pont Company had a working agreement with a foreign powder manufacturer, the conclusion could be drawn that the du Pont Company was acting in bad faith with our own government. Congress would have an opportunity to brand us as traitors...
...Pont officials countered with the assertion that the patents transferred were no longer military secrets. Said Dr. Fin Sparre, du Font's research director: "For 10¢ anyone can get [from the Patent Office] copies of patents involved in our foreign transactions...