Ye shall know the truth, and the truth shall make  you mad.                                      Aldous Huxley

Why  Du Pont Is Trading Oil for Corn.
Fortune
(04/26/99)
Reports on the efforts of Chad Holliday, chief executive officer  (CEO)  of DuPont to steer the company away from the petroleum industry and into  biotechnology in the late 1990s. Prospects seen in the future of  biotechnology;  Projects being  worked on by DuPont employees involving spider webs

Du Pont, Lammot (1880-1952), president of E.I. du Pont de  Nemours & Company, Inc. 1926-40, chairman of the board 1940-48

Du Pont in European deal with Aventis

 

Du Pont Pharmaceuticals Co is to take over the research and development  facility of Aventis Pharma AG at Romainville, France, as part of a strategic  alliance with Aventis in Europe.  Du  Pont will also acquire the marketing rights  in Europe for several products and will take on responsibility for the staff at  the R&D facility. Mr Kurt Landgraf (chairman, Du Pont  Pharmaceuticals) said  that  the agreement was part of a progressive growth strategy which would see the  company expand through organic growth and targeted alliances rather than a  large  merger

Walter S. Carpenter, Jr. had been chairman of the finance committee  of the Du Pont Corporation (1930-40). In 1933, Carpenter oversaw Du Pont's  purchase of Remington Arms from Sam Pryor and the Rockefellers, and led Du Pont  into partnership with the Nazi I.G. Farben Company for the manufacture of  explosives. Carpenter became Du Pont's president in 1940. His cartel with the  Nazis was broken up by the U.S. government. Nevertheless, Carpenter remained Du  Pont's president as the company's technicians participated massively in the  Manhattan Project to produce the first atomic bomb. He was chairman of Du Pont  from 1948 to 1962, retaining high-level access to U.S. strategic activities.

Walter Carpenter and Prescott Bush were fellow activists in the Mental  Hygiene Society. Originating at Yale University in 1908, the movement had been  organized into the World  Federation  of Mental Health by Montagu Norman, himself  a frequent mental patient, former Brown Brothers partner and Bank of England  Governor. Norman had appointed as the federation's chairman, Brigadier  John   Rawlings Rees, director of the Tavistock Psychiatric Clinic, chief psychiatrist  and psychological warfare expert for the British intelligence services. Prescott  was a  director of the society in Connecticut; Carpenter  was a director in  Delaware.

 

 

Paul Mellon was the leading heir to the Mellon fortune, and a  long-time neighbor of Averell Harriman's in Middleburg, Virginia, as well as  Jupiter Island, Florida. Paul's father, Andrew Mellon, U.S. Treasury Secretary  1921-32, had approved the transactions of Harriman, Pryor and Bush with the  Warburgs and the Nazis. Paul Mellon's son-in-law, David K.E. Bruce,    worked in Prescott Bush's W.A. Harriman & Co. during the late 1920s; was  head of the London branch of U.S. intelligence during World War II; and was  Averell Harriman's Assistant Secretary  of Commerce in 1947-48.  Mellon family  money and participation would be instrumental in many domestic U.S. projects of  the new Central Intelligence Agency.

 

Carl Tucker manufactured electronic guidance equipment for the Navy.  With the Mellons, Tucker was an owner of South American oil properties. Mrs.  Tucker was the great aunt of Nicholas Brady, later George Bush's Iran-Contra  partner and U.S. Treasury Secretary. Their son Carll Tucker, Jr. (Skull and  Bones 1947), was among the 15 Bonesmen who selected George Bush for induction in  the class of 1948.

 

C.Douglas Dillon was the boss of William H. Draper, Jr. in the  Draper-Prescott Bush-Fritz Thyssen Nazi banking scheme of the 1930s and 40s. His  father, Clarence Dillon, created the Vereinigte  Stahlwerke (Thyssen's  German Steel Trust) in 1926. C. Douglas Dillon made Nicholas Brady the chairman  of the Dillon Read firm in 1971 and himself continued as chairman of the  executive committee. C. Douglas Dillon would be a vital ally of his neighbor  Prescott Bush during the Eisenhower administration.

 

Publisher Nelson Doubleday headed his family's publishing firm,  founded under the auspices of J.P. Morgan and other British Empire  representatives. When George Bush's `` Uncle Herbie '' died, Doubleday took over  as majority owner and chief executive of the New York Mets baseball team.

 

George W. Merck,chairman of Merck & Co., drug and chemical  manufacturers, was director of the War Research Service: Merck was the  official  chief of all U.S. research  into biological warfare from 1942 until at least the  end of World War II. After 1944, Merck's organization was placed under the U.S.  Chemical Warfare Service. His family firm in  Germany  and the U.S. was famous for  its manufacture of morphine.

 

A.L. Cole was useful to the Jupiter Islanders as an executive of Readers Digest. In 1965, just after performing a rather dirty favor for  George Bush (see Chapter 9), Cole  became  chairman of the executive committee of  the Digest, the world's largest-circulation periodical.

 

From the late 1940s, Jupiter Island has served as a center for the direction  of covert action by the U.S. government and, indeed, for the covert  management   of the government. Jupiter Island will reappear later on, in our account of  George Bush in the Iran-Contra affair.

UK420.Com. The UK Cannabis Directory
 


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