An Exemplary Labor Story
My recent visit to Longwood Gardens has inspired my thinking about wealthy CEOs and employment practices. My wife and I celebrated our wedding anniversary there while on vacation. My maternal grandfather worked for P. S. DuPont there his whole career during its development. Today, Longwood Gardens is one of the world's premiere gardens and arboretums and employs 1,800 employees and volunteers. P. S. DuPont is considered by some as the father of the modern corporation. He became director of the DuPont family business at an early age and built it into an international corporate giant in the chemical industry. The DuPont family's investments included General Motors stock. As majority stock owner in 1919, the family appointed him as chair of General Motors board of directors. Not surprisingly, he became quite wealthy, an American success story. And like the Upjohn and Gilmore families of Kalamazoo, he was a benevolent employer and phil...