The Penn's Grove record., 1921-01-21
DuPOnts' War Work

h DdA OitS
Col. f. G. Buckner, Vice President
in charge of Military Sales, says in
part:
81 am proud we have made millions
of dollars, but it has not been because
the Company has practiced extortion
on its customers, either the foreign or
our people here at home.
During 1914, in spite of the fact
that the demand became at once
thirty-six times our capacity, in spite
of the uncertainty of what Congress
might do in regard to furnishing war
materials to foreign governments IN
spite of the attitude of labor, in spite
of the possibilities of great advances
in raw materials, in spite of the great
hazard of German sympathizers-ln
spite of all this, we increased our
prices only 20 cents per pound to
foreign governments. But we
raised the price to a single n Of our
regular customers in the United
States and gave them the benefit of
every reduction.
And through out 1914, 1915 and
1916, when the price ranged S1.OO,
$50 and $50 to foreign governments,
we furnished the United States Army
and Navy all their requirements, ag-
gregating $500, 900 pounds Of smoke
less powder at so and % cents a
pound.
81 doubt if a similar treatment is
equaled by any concern in existence"
Mr.. J. P. Morgan was told by Lord
Moulton, head of the British Munitions
Board, that only because of the great
work done by Morgan and Company
in the purchasing of munitions, the
dupont Company in supplying powder
and the Bethlehem Steel Company in
supplying guns and shells, were the
British and French armies able to
hold their own during 1915.
General Hedlam, of the British
Army, told Col. Buckner that the
dupont Company is entitled to the
credit of saving the British Empire.
The British Ministry of Munitions
of War, of London, under date of May
/, 1917, wrote Mr.. Pierre S. DUPONT
expressing the appreciation and graft
tude of the British Government for
our invaluable assistance in furnish
ing, without charge, plans, informa-
ton and the services of our important
men in connection with the erection of
the Henbury factory for the manu-
facture of Nitrocellulose Powder.
Col. Buckner made a catalogue of
some of the acts of dupont which may
be classified as Financial Problems"
acts which were of great service
to all the Allies, including the United
States.
In 1915, the dupont Company eX-
tended SAC, 700 900 credit to the Brit
ish Government and $4,000, 900 credit
to the French. When England and
for a loan of $500, 600, 900, dupont
subscribed for Anglo-French bonds to
the amount of S36, $50, 900 and other
bonds of the Allied Governments to
the amount of $19,350,000. Total
amount Of securities purchased of the
Governments, Sill $780,
In their effort to aid the United
States directly they have done we'll
United State Government secur-
subscribed for, $135,350,0 600.
They have helped to support the
humane side too; to the first two Red
Cross campaigns and the Y. NJ. c. A.
they contributed a total of $2,050,000.
There has never been a word of
complaint against the heavy and in
creasing rate of taxation. The Com
pany has recognized the necessity and
was glad to do its part. The total
Federal taxes paid in 1916 and 1917
were S36,622, 900.
Col. Buekner concluded by saying:
"When l think of the great number
,f ,roy9fcac I bay-a vooda FoI, fba Din
Pont Company in the past four years
and realize how every one of them has
been fulflled-and think how many
disappointments there have been in
ever other line q trade III prodd
am a dupont man. When the glori-
Jus dawn of victory comes and the
true story of the wal is told, it will
be found that DUPONT Products and
DUPONT men have done their share,
and done it efficiently, completely and