Word: procter
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...statistics did little to cheer Procter & Gamble, whose 30-year-old Duncan Hines line was being hit particularly hard. Two days after the New Jersey warning, company officials recalled Duncan Hines blueberry mix, lot number 3294W4, from stores in Iowa. At Procter & Gamble's Cincinnati headquarters, executives complained that Duncan Hines was getting an unfairly large share of media attention...
Said Spokesman Patrick Hayes: "EDB does not represent a health hazard. There is certainly no emergency in the foods currently in distribution." Procter & Gamble has removed mixes containing more than 150 p.p.b. from all its warehouses, and swept those same products off grocery-store shelves in all 50 states...
...Procter & Gamble was far from the only company caught in the EDB scare...
...California, the state asked Procter & Gamble to take Duncan Hines muffin mixes off the shelves, and in Massachusetts, the public health commissioner recommended that consumers return 46 different cake mixes and grain products to the store. The cause of the panicked shelf cleaning was a chemical called ethylene dibromide, or EDB. A highly effective pesticide similar to DDT, it is also a dangerous carcinogen. Farmers have used EDB to keep bugs off grain and citrus fruit for more than 30 years, and scientists have known the cancer risk for the past ten years. But the Federal Government has been slow...
...could come in 1985. Warns Henry Kaufman, widely respected chief economist for Salomon Brothers, the Wall Street investment firm: "The durability of this economic expansion is going to be significantly limited by the huge deficits in the federal budget." Industry leaders share that anxiety. Says John Smale, president of Procter & Gamble: "The size of the federal deficit is a national problem of substantial urgency that must be addressed with statesmanship, vigor and speed...