Believes in high wages. Washington, D.C., Jan. 10. Admitting his belief in high wages and the increased buying power therefrom, Lammot Du Pont, President of Du Pont De Nemours & Co., told the Senate Unemployment Committee today that America can be prosperous only by serving better and diversified in

Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management o

Senate Committee questions DuPont. Washington, D.C., Dec. 1. Lammont DuPont, President of the E.I. DuPont De Nemours Co. Interests, as he was questioned today by members of the Senate Finance Subcommittee investigating profit sharing systems. He told the Committee he was opposed to incentive taxatio

Oil executive predicts suffocated marketing competition if Gillette bill is passed. Washington, D.C., April 21. Testifying before the Senate Judiciary Committee today, J. Howard Pew, President of the Sun Oil Co., declared that passage of the Gillette Bill prohibiting marketing of petroleum products

Companies report 11 percent decline in employment. Washington, D.C., Jan. 20. Colby M. Chester, Chairman of the National Association of Manufacturers, today told the Senate Unemployment and Relief Committee that 40 typical companies have reported a decline of 11 percent in employment. He also told t

Profit sharing plan must be 'extra' to wages, senate committee told. Washington, D.C., Nov. 21. Richard R. Deupree, President of Proctor and Gamble Co., Cincinnati, Ohio, today told the Senate Finance Subcommittee that his firm's profit-sharing system has exercised important influences in maintainin

Former head of New York Stock Exchange before Senate Committee. Washington D.C. Richard Whitney; former President of the New York Stock Exchange, was the first witness as the Senate Committee investigating railroad financing reopened hearings today. After testifying of his buying activity in Allegha

Reduce taxes on business, GMC executive tells senate committee. Washington, D.C., Dec. 9. Alfred P. Sloan, Jr., Chairman of the General Motors Corp., today told a Senate Finance Subcommittee that the best application of the tax incentive principle appears to be a reduction of general taxes on busine

General Electric head 'hopes' profit sharing with employees is 'good business.' Washington, D.C., Nov. 28. Gerard Swope, President of General Electric Co., appearing before a Senate Subcommittee studying profit sharing plans today said he believed the government must adopt some form of incentive tax