Draper opposed FDR's efforts to implement the Social Security Act, expanded child labor laws, and early attempts to pass the equivalent of OSHA-styled regulations. He disliked JFK for currying favor with labor unions, for promoting civil rights advances, and for his failure to pass tariff barriers to prevent the import of foreign textiles and cotton. Draper blamed the actions of both presidents for the demise of the domestic textile industry that eventually caused the Draper Company to be dissolved by Rockwell International as an insolvent entity. But Draper had successfully converted an ever-diminishing equity in The Draper Company into a $100,000,000 windfall investment in Rockwell International Preferred Stock when Rockwell began attaining new levels of profitability as the Vietnam War expanded. "The New York Times" March 22, 1967 p. 61 Column 1. "Rockwell acquires North American Phillips and Draper Company "Rockwell International