ASSISTANT GENERAL MINE FOREMAN, 1951 Far-Reachine Effects of Plane Crash in Canada. 1949 Swent: You were assistant mine foreman in 1951. Haldeman: Yes, I was being considered for that. In 1950 comes another act of the fairy of fate. Kennecott's Mr. Stannard, who I met when I first came down, plus two of the key executives were getting along in years, and the board of directors said, "You have to replace yourselves with younger people." Haldeman: At that time Kennecott had acquired controlling interest in a mining company in Canada, Quebec Iron and Titanium. Swent: You were working for Braden Copper Company, which was a subsidiary of Kennecott, so it was natural for them to turn here--? Haldeman: Yes. They had a reorganization policy that the board had insisted on that they get some younger people in the top positions. The incoming executives, with the outgoing executives, took a plane to fly up to Canada. On that plane was the wife of a postman who was fed up with her, and she was going up to visit some relatives in Quebec. He put a bomb in her suitcase. Swent: Oh, I didn't know that caused the crash. Haldeman: They all went down--the wife and all of the outgoing and incoming executives; Stannard was one of the outgoing and Frost was one of the incoming. Kennecott was absolutely decimated; they had nobody to run it. Swent: To this day most mining companies don't send all of their executives in the same plane.
Haldeman: That's exactly the reason; that started the policy. Swent: It was a terrible thing. When was that? Haldeman: It was 1950. Charles Cox was taken from a steel company; I don't know if it was U.S. Steel or not. He was a financial man, and he was brought in as president. I think a year later he picked up Frank Milliken from New Jersey Zinc and put him in as number two man.