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meant to me [[underline]]Hasslacher[[/underline]] told him that if I could have talk with Mr [[underline]] Creevey[[/underline]] there would be little trouble in showing him that his objections were not of so formidable in nature as he thinks. Agreed to meet Hasslacher and Creevey on Wednesday afternoon. Went to lunch with Hasslacher + Mr [[underline]] Tadé[[/underline]] of Eunope. [[underline]] Hasslacher[[/underline]] asked me to answer a question which had been put to him the other day: Somebody said. "How we have heard since so many years about [[underline]] Bakelite [[/underline]]. why is it that nothing has been accomplished thus far?" To which I answered; First it is not [[strikeout]]true that[[/strikeout]] since so many years Bakelite was in the market or it was only since last year that the matter was announced and was then my patents had
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not yet occurred. Secondly Bakelite had been used in increasing quantities. Third I had [[underline]]restricted its use to one or two modest consumers so as not to commit any mistakes in the beginning. [[/underline]] Fourth: my [[underline]]whole focus had been one of slow but sure and all my correspondence had been to that effect.[[/underline]][[margin]]slow but sure[[margin]]
I went to [[underline]]Hooker[[/underline]]  Clemical Co office. Then saw Willard Hooker, nobody else. He tells me the work will not be able to resume economically before Jan 1. 1911. Says they need all their available funds for renewals and extensions of building plant and [[underline]] this fire will swallow up all their surplus and stock capital.[[/underline]]
All this very unpleasant news on such a hot sultry day! 
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Transcription Notes:
Jacob Hasslacher was the business partner of Franz Roessler. The Roessler and Hasslacher Chemical Company, which among other chemicals, manufactured formaldehyde which was an ingredient in the manufacture of Bakelite. Leo Baekeland transferred his Bakelite manufacturing operations from his laboratory in Yonkers there in the fall of 1910, forming The General Bakelite Co.