Delaware Attorney General Beau Biden has thrown
down his gauntlet in the millions at stake between Delaware and
Florida over the Nemours Foundation.
Alfred I could arguably be considered
the most humanitarian of all the celebrated du Pont family members.
The family and company changed our tiny state into a global commodity
and international tourist destination..
Alfred ranks with founder, E I, who
forever ingrained not only chemical knowledge but also social
consciousness in the fibre of the company; P S invested $6 million
of his own money to completely upend the racist based “Separate But
Equal” education system of the '20's. Coleman du Pont, who with his
own money constructed Rt 13, the first paved road coursing an
entire state.
These three cousins bought the company
from their uncles in 1902. The elders were about to sell to a
competitor. Alfred was the only of the three who worked at
Eleutherian Mills. He came up with the grand idea to save the company
and keep it here.
Without A.I's daring plan for
purchase, today there would be no Nemours Foundation, no Longwood
Gardens, no Winterthur, no X Station, no Wilmington once pegged as
“The Chemical Capital of the World”, no Nemours Mansion, no Mt.
Cuba, no Hagley, no Howard High, no Tower Hill School...the list goes
on.
Think Frank Capra's “It's A
Wonderful Life”.with an adverse outcome.
In 1927 A.I.'s net worth in DuPont
stock was valued at $70 million. That did not include the value of
the undeveloped northern Florida land he would acquire totaling
320,000 acres costing $1.6 million (a princely $5.00 an acre) and the
seven banks he established there during that time.
Alfred, like E.I, had social
consciousness. His enlightened values centered on on the elderly
retirees who had no lifeline to exist beyond others. He was a social
legislator before his time.
In 1929, 40% of Delawareans over 65
were dependent upon others. That year A.I had introduced before the
state legislature a bill to provide pensions. This was the very first
legislation in the country that provided for blanket pensions to
those of the certain age. He declared in the prologue of the bill, “
simple human justice decrees that society preserve independence and
self respect of the elderly.”
He didn't have to do this. He could
have sat back with his millions. But he - as the eldest son of the
eldest son of the eldest son of the founder - practiced words spoken
from 1802: 'For every privilege, there is inseparably bound a duty'
The bill did not pass. The legislature
would not convene for another two years but du Pont was optimistic of
its passage going forward. It was not in his character to fiddle over
incidentals.
Alfred collected names of all those
who qualified for his proposed pension plan. For the next two years,
he paid out of his own pocket $200,000.00 per year to these
Delawareans... anonymously.
A few years later A.I fully subscribed to the aspirations of FDR's New Deal, pointing out he had been advocating these issues for years. He believed in the reapportionment of wealth in the country, giving more to the needy and less to the rich.
A few years later A.I fully subscribed to the aspirations of FDR's New Deal, pointing out he had been advocating these issues for years. He believed in the reapportionment of wealth in the country, giving more to the needy and less to the rich.
The Nemours Foundation was originally
chartered to care not only for children with orthopedic problems but
also pensioners. He wrote: 'The Nemours Foundation shall be created
and maintained as a memorial to my great, great grandfather, Pierre
Samuel du Pont de Nemours....for the purpose of maintaining...a
charitable institution for the care and treatment of crippled
children, but not incurables, or the care of old men or old women,
and particularly couples, first consideration, in each instance,
being given to beneficiaries who are residents of Delaware.'
A.I's net worth at his death at 70
years in January of 1935. He and his third wife Jessie Ball du Pont
created the concept for Nemours Foundation. They originally
considered the Mansion to be converted into the hospital. Jessie and
her brother Ed Ball outlived him by many years and invested millions
in Florida.
Said the modest A.I. “My philosophy
of life is simple: be fair to every one; do as much good as you can.
Be honest with yourself, which means, be honest with everybody.”