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Mellon shared banking interests with the Dupont
Corporation which had made its money from munitions during the first World War.
However, ever since then the company had been forced to diversify. One of the ways it
did this was by becoming a major player in oil-based synthetic fibers such as nylon...
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Dupont's extensive paper mill
interests were likewise being threatened by the development of increasingly successful
hemp-based alternatives (48).
Other businesses also stood to suffer from widespread hemp cultivation. William
Randolph Hearst, the legendary newspaper tycoon, also had extensive paper mill
interests that he wished to protect...
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The History of Cannabis in America
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