Chapter 73

The attitude of cartels toward the relation between their own policies and the policies of government are epitomized in the exchange of correspondence between Sir Harry McGowan, Chairman of the Board of Imperial Chemical Industries, and Lammot du Pont in May 1933. Sir Harry wrote: “With a large organization such as we have I find it is a good thing to issue such warnings from time to time--one went out at the time of the Ottawa Conference--so that everything possible is done to ensure that no prospective political …