Evening journal., 1918-06-26

one million pounds per month, 2 mill
lion pounds per year.
1.-TWO and half years later weyyere
at war with a nation which had pent
day and night for 40 years preptring
for this day and our government NEEDED
quickly ii5 million pounds.
Since 1914, raw materials for ne
manufacture OF one pound OF powdr
had increased IL cents. The govern
ment's plants Were not able at that
time to produce powder for 80 cents.
ITO sum up: ii5 millions pounds
wanted; dupont the only source: a
statute fixing the price at SO cents: raw
materials Incl essed ie cents. Make a
mental calculation OF these facts and
the situation which confronted us and
tell me II your company did not act
In way to make all OF you proudY
Under the same influence, steel. coal.
cotton, lumber, wheat, alcohol. gaso-
/ line, everything has increased 100 10 $50
per cent over pre-war prices. But when
/ dupont confronted the fact that its SER
Vices were needed to help fight this war.
our price did not go up but at once
went down 20 411s cents. When I met
the secretary OF the navy later, and in
formed him Of what we had done. he
slapped me on my knee and exclaimed I:
fine flnel l wish other manufacturers
had some Of the same spirit
dupont company enjoys the unlque
position OF being the only concern In
the United States which Is today selling
its product at less than pre-war prices.
Had we consented to sell at any price
we could get. powder like coal, steel
lumber, alcohol, copper and cotton
would have advanced TO exOrbtant
prices and the government would have
had TO FIX the price as il has done in
other cases. but none OF you has ever
heard Of the government fixing n price
on powder since 1913. DUPONT. as fast
as 1t could do So has OF It's own Volt
tlon, reduced the price.
THE relation Of the dupont American
industries to the war Is 80 great that
one hardly knows how to draw n pic
ture that VIII convey the whole truth
10 your mind. OF course. our greatest
direct relation Is our ability 10 serve
the lighting forces In The supply Of ex-
ploslves and propellant powders. Per
haps the thought Is an old story TO you.
but the force dupont has created for
use in this war IL not equalled by any
other organization on earth. The iron
mines come 10 dupont for the force
produced by our dynamite to tear from
the bowels OF the earth the ore with
which 20 build ships, 10 make the rails
for our railroads, the steel 10 make the
locomotive TO operate the railroads. tho
cars to transport the raw materials for
all Of our industries. Il furnishes the
force TO produce the metal for the
monster guns now on the battle front.
as well as the propellant to carry the
she'll loaded with our high explosive
into the heart OF the German beast.
With our explosives the force is pro-
duced TO blast coal, that Is, IN turn.
producing all the heat. light and power
needful In all the great preparation and
conduct OF this war
Agricultural dynamite to help Moth
er Earth that she may produce two
blades OF grass where only one strug-
gled for existence before. Who can
over-estimate the value Of this aid TO
all engaged in this war-especlaliy now
when Mr.. Hoover has forced upon the
nation the wheatless days that we may
conserve food and help feed our friends
over there. 1
I'VE are even extending help TO the
boy In the flying machine. The fusl-
age OF his flyer is covered with fabric
supplied by dupont. It's wings. as well
as all the woodwork. are covered with
paint or varnish produced by us. We
are loading his bombs with a special
explosive developed by us; and our i'm
proved military powder is the propel-
liant which we are loading into a spe-
clal cartridge for him to use in his ma
chine Eun-and may God direct each |
bullet 10 The right spot. The Individual |
fighter In the trenches has his body and |
face protected from the enemy's gases
by dupont products, and he looks at
the enemy through eye pieces made Of
Pyralin-and Of course carries full |
OF powder and hand gren-
AIDES made by us.
Let me calalog some OF the acts Of /
dupont whic5 may be classified as n /
nancial patriotism, and were OF great /
service to all the Allies, including the |
United States:
in 1915, the British government ad- /
vised us that the cost OF exchange due 1
to war conditions made IL very difficult |
for them to pay their bills for powder |
as promised. dupont promptly accept /.
ed the British One-year notes for sac |
100000. and carried them by partial re- |
newals until ii was convenient for their /
liquidation.
AT about the same time we extended =,
similar credit to the French govern |
ment FOR s9200.O00. When England and /
France first appealed to the United /
States TO aid them financially and asked /
for a loan OF five hundred million dol !
lars, dupont subscribed for Anglo
French bonds to the amount Of $780,
$4,000, and purchased other obligations
OF the Allied governments I'm the mar
ket to the amount Of si9,3J0OOO To-
tai amount Of securities purchased OF
the Allied governments, sill 100000
an each OF the liberty loan campaigns
dupont has added greatly TO the sue
cess OF The effort by the prompt help /
and announcement II has given by sub
First Liberty Loan, s7.J2j-
300; Second Liberty Loan s5i 100000;
Third Liberty Loan, s22, $4,000 In addi-
lion to liberty bond subscriptions, tenn
orary certificates Of the United States
government have been purchased to the
amount Of s5i.575, 900; total United States
government securities subscribed for
si35. $4,000
"The following are some of the ways
iuPont has rallied TO the support Of
he humane side First Red Cross cam
1aign a per cent dividend 100000 {
second Red Cross compaign p per cent
ilyidend), si,20O000; Y. VI. C. A. con- /
ribution, s25000O; total, s2,OjO,OO0.
"Never a word Of complaint against |
he heavy and increasing rate Of taxa