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.
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