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[[156 in left margin]] send states he thinks he can win the case. [[red underline]] Fish [[/red underline]] suggests [[red underline]] consolidation of [[/red underline]] business which he says has happened most of the time at the beginning of new [[act?]] when two or more parties seemed to control the patent situation. I propose mutual royalty plan but in such a way as to make it very evident that our patents are recognized and therefore strengthen our position. Fish then suggest to settle forever any further difficulties by a system of cross licenses for all future patents. I [[red underline]] show him that latter way of doing is very dangerous because it means [[/red underline]] [[end page]] [[start page]] [[157 in left margin]] truly mortgaging all our work of the future or any important developments there might be. [[red underline]] Townsend thinks I am right.[[/red underline]] Finally Townsend and myself in talking it over at lunch conclude that we might limit field by [[red underline]] preventing the use [[red underline]] of our ^[[fundamental]] patents as far as they relate to the use of the process of [[red underline]] Condensite Co. [[/red underline]] I urged those views on Hasslacher and Dubois who seem to accept them. At 3:30. Meeting of Fish, Frank L.[[red underline]] Dyer, Kirk Brown Aylsworth, Hasslacher, Dubois, Townsend and myself in [[/underlined]] [[strikethrough]] office [[/strikethrough]] council room of R&H. Dyer [[end page]]