To some 73,000 of its employees in plants and laboratories across the nation last week, giant E. I. du Pont de Nemours & Co. made a pleasant offer: it will give 25¢ to every employee saving a dollar. Under the plan, similar to those of General Electric, Standard Oil (Indiana), Gulf Oil and Pure Oil, employees with two years of service can authorize payroll deductions of $12.50 to $37.50 monthly to be put into U.S. Savings Bonds, Series E, paying 3% interest. For every dollar the employee thus saves, Du Pont will contribute 25¢ to buy him company stock,...
To continue reading:
or
Log-In
