The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-10-24
RELATIONS OF DU POINT
TO GOVERNMENT IN WAR
SALES MANAGER GIVES SOME
STARTLING FIGURES IN RE.
CENT ADDRESS.

The Relations of Dupont to Amer
lean Industries in War" was the sub
ject of an address by Col E. G. Buck
ner, vice president in charge Of the
military sales of the DUPONT Powder
company, at the general sales con-
| City on June 10. He reviewed at con-
siderable length the attitude Of the
Dupont company toward the govern
ment from the beginning Of the war.
as well as the assistance rendered to
France and England before the de-
claration of war by the United States,
and what he says Is a direct refuta-
ton of the popular conception Of this
and other large corporations in their
relations with the government and
the public. Col. Buckner's address Is
published in pamphlet form and is
well worthy of perusal. The extract
that follows gives some startling facts
showing the tremendous Importance
of the services of this company In
contributing to the successful con-
duct Of the war:
Carried the Allies.
Let me catalogue some of the acts
of Dupont which may be classified as
Financial Patriotism and We're Of
great service to all the allies, includ-
ing the United States:
"In 1915 the British government
advised us that the cost of exchange
due to war conditions made it very
difficult for them to pay their bills
for powder as promised. Dupont
promptly accepted the British one
year notes for $46,7O0,OOO, and carried
them, by partial renewals, until it
was convenient Tor their Liquidation
AT about the same time we ex-
tended similar credit to the French
government for $9,2OOOO0. When
England and France first appealed to
the United States to aid them hnan-
cially and asked for a loan of five hun
dred million dollars, DUPONT subscrib-
ed for Anglo French bonds to the
amount of $36,350.OOO, and purchased
other obligations of the allied govern
ments in the market to the amount
of $19,350,000. Total amount of Sc
curities purchased of the allied gov
ernments, s111,6OO,OOO.
Liberty Loan Subscriptions.
''In each of the Liberty loan cam
paigns DUPONT has added greatly to
the success of the effort by the
prompt help and encouragement it has
given by subscribing: First Liberty
loan, $7,525,000; second Liberty loan
$51 100000; third Liberty loan, $22,-
100000. In addition to Liberty bond
subscriptions, temporary certificates
of the United States government have
been purchased to the amount OF
$54,175,0OO; total United States gov.
eminent securities subscribed for
$135, $50, 900,
THE following are some of the
ways Dupont has rallied to the sup.
port of the humane side: First Rec
Cross campaign q per cent dividend)
$eOO,OO0; second Red Cross campaign
e per cent dividend) $1,2O0,O00; Y
M. c. A. contribution, $250,O00. Tota
81 100000.
Income Taxes.
Never a word of complaint against
the heavy and increasing rate of tax
alton. The company has recognized
the necessity and was glad to do its
part. Income tax paid in 1916, $15,-
5000; income tax paid in 1917, $2O,-
997,OOO total federal taxes, $36,622,-
900.
Since the European war began in
August, 1914, we have sold to our
| foreign allies and the United States
government something more than one
billion five hundred million pounds of
explosives. This includes: Guncotton,
smokeless powder, T. N. T., r. N. x,
picric acid, ammonium picrate, black
powder, dynamite, ammonium nitrate,
tetryl; and also sold $4,000, 900
rounds of special ammunition for the
aeroplanes; 100000 caps; and 206,-
100000 black powder pellets for load
ing in shells.
I'VE have contracted to load shells,
decorators, primers, boosters and
adapters to the number Of ninety mil
lion.
Build New Plants.
I'VE have contracted to build: A
large smokeless powder plant at Nash
Vile, Tenn; plant for loading shells
and boosters at Penniman, Va; a
plant to make T.. N. X. (trinitroxyloD
for the navy at Barksdale, Wis; adj
dition acid plants and a nitrating
plant for the navy at Indian Head,
Md.
I'VE have also furnished the gov
eminent with a layout and all draw
ings for the smokeless powder plant
which the army is building at Char
lesion, w. Va, and have agreed to OPP
crate two large plants for loading
smokeless powder charges into bags.
The DUPONT organization has furnish
ed in man power, by enlistment and
draft, 416S men. This amounts to a
complete regiment of $500 men and
$50 extra, enough more to replace all
casualties for three months average