E-4 was quite a process -- 14 steps, as I recall. My high school photography class processed one roll for each student in an E-4 kit in 1975 -- took the whole afternoon, as I recall, but Ektachrome from a Reflex II was something to see!
B&W negative is probably the sensible way to process that film. Unlike color negative stock, it doesn't have an orange mask, though you might have to give it a short bath in Farmer's Reducer if it has a colloidal silver antihalation as some slide films had. My rule for old found film used to be HC-110, because it has such a strong anti-fog, but who knows if new HC-110 still has that. You could also try (after a clip test, or a single roll) something I ran across recently, processing at very low temperature (like 51 F!) with added benzotriazole, to clear out the fog of age. Again, a little Farmer's Reducer after processing can help here, too. Just be careful with that, as you're removing your shadow details along with the fog...