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Washington as my guests for lunch at Chemists Club. [[red underline]] Discussed patent [[/red underline]] [[strikethrough]] syste [[/strikethrough]] situation and means for cooperating. kept at it till 5. P.M. Then went to University Club to meet [[red underline]] [[Raiker?]] [[/red underline]] & May who were my guests for supper. [[Raiker?]] tells me that if we do not join them here, his people will sue Bakelite Gesellschaft in Europe as infringing their Story patents. He proposes that we join them here in a United Lacquer Company, raise our prices to $8[[underlined superscript]] 00 [[/underlined superscript]] a gallon
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sell each 1/2 of supply to United Lacquer Co. without guarantee of minimum consumption of the latter and to nobody else. If not they will invade our territory and sell plastic goods. I answered him I saw no good in that proposition That if they thought they could do that without infringing our patents others might think so also and start up the same competition after we were united. Kept at it till midnight.
[[black underline]] Jan 25. [[/black underline]] Drove to station at 1 PM met Mr. Vincent of
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