Chapter 29

Acetol Products, Inc., had a license from the Foundation dated November 15, 1929. Du Pont acquired the assets of Acetol and on April 30, 1935, Acetol assigned its license to du Pont. On November 15, 1935, a new agreement was executed between the Foundation and du Pont which superseded the Acetol agreement of November 15, 1929. Standard Brands succeeded to the rights of the Fleischmann Company under an agreement dated August 8, 1928. The question naturally arises why these powerful manufacturers paid the Foundation …