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inquires into and promised to let him know the results. They are set forth in a letter which I have written him this morning and which I am taking the liberty of enclosing herein hoping that you will read it before remailing it to him. Please copy the figures which, of course, are meant for you both. 

Since the meeting, I have given much thought to the affairs of the Co. and I am now satisfied that the splendid possibilities of the Co. can never be half realized under the present management.

Hurn is a dangerous man to dictate the policy and completely run all operations of [[strikethrough]][[/strikethrough]] so extensive a business. He makes the concern wholly his own and endangers it to the follies of an undereducated and socialistic mind, not true socialism, but the Heart breed. The Berry's are both afraid of him, Smith is a sick man, Stephens lacks system and discipline, Freeman, the one man of brains and courage, is away. So, what's to be done? My views are set forth in the letter to Truman. They may be unsound but they represent my best judgement.