Evening journal., 1916-07-21

the imposition Of this additional tax
il is doubtful II new orders will be
taken. should this business cease,
a vast army Of employees will be
turned out TO hunt new jobs The
dupont Company alone in Delaware,
New Jersey and Virginia, has a pay
roll Of approximately $4,000 people
O Cuncotton. which is the chief in
gredient entering into the manufac-
ture Of snokeless powder, and ma
terial exceedingly sensitive as an eX
nlosive. will come with the classifi-
cation of "other explosives" This
tax on guncotton will prove burden
some 10 a number of important do
nestle industries.
10 The fact that the DUPONT Com
panv had an organization to meet the
European crisis was perfect God
send not only. to Delaware, New Jer-
sey and Virginia. but to the entire
country. and from its various plants
industrial activities in almost every
possible channel we're quickened
Take the situation here in Whining
ton for example: The Associated
Charities at that time had 1.50O fam
lilies on their list There was not a
single manufacturing establishment
that was not marking time All at
once there was a demand for labor
In the powder factories, and wheels In
all factories commenced turning. In
the FIRST eighteen months following
this period of depression. the DUPONT
Company paid directly in wages alone
in the manufacture Of military ex-
plosives about S45000000, and has
probably been indirectly responsible
for the expenditure OF a greater
amount to the labor on raw materials
and machinery which II has pur-
chased. At the present time the AS
ISOLATED Charities Of Wilmington have
not a single family on their list.
The cotton planter, too, came in foi
] his share. He had been in despair
Clubs had organized TO aid him in dis
posing Of his cotton. and the nationa
slogan was Buy a Bale The Presi
dent and the Speaker OF the House o
Representative and members of theii
families each bought a bale Sud
denly the war came and the duPon
Company started out by placing
large order and through the months
that followed purchased approximate
ly 100000 bales. These purchase
represent from $35, ,0000 900 TO $4,000,
600, and after they began no one hear'
anything more Of the entreaty TO "bu,
a bale"
Short-fbre cotton advanced from
cents TO 8 cents per pound and othe
materials entering into the manufac
ture OF explosives enjoyed a smila
advance. some Of them going up 200l
per cent For instance, toluol from
20 cents to S4 per gallon; benzol from
20 cents to so cents per gallon FUN
ing sulphuric acid from SIS TO Sl5
per ton. And in proportion as price
for raw material advanced the pric
Of gunpowder and other explosive
decreased, until today prices offere
have fallen below the level that oh
tanned before the war.
II should be noted that the max
mum price for gunpowder and oths
explosives never reached a 20 pC
' cent. advance over previous prices (,
. foreign business.
4 IL. When this foreign demand can
q the DUPONT Company met 1t in bro
= and liberal spirit The capacity for {
X manufacture of military explosives W
e approximately 100000 pounds per a
mum. II multiplied this capacity MAJ
times, spending about S60,0000OO in NJ
p plants. To insure harmony Of action a
attract labor, il advanced the wage sea
10 a standard never before known IN
explosive industry. In addition it ga
notice of a bonus of 20 per cent. TO
employees. and placed every plant und
its jurisdiction on the eight hour bas
This meant unusual expense which W.
! greatly increased by extraordinary pr
, cautions taken by way of protecting Il
= plants All territory about the plan
was Illuminated and guard maintains
comparable only 10 standing army.
l2 II is estimated that this tax
q the snles of DUPONT Company alone {
\ 1916 win amount to sol 100000 TT
q with the corporation income tax will
! equivalent 10 S3s per share ON the nj
] capitalization of the company, or abe
e ST. share as it stood before the w
h In addition they are forced to pay