Viewing page 83 of 101

This transcription has been completed. Contact us with corrections.

158
[[hashmark in top left margin]]
[[underlined in red]] For supper Elon Hooker and Mrs. Hooker here. [[/underlined]] stayed till 10 P.M.  Hooker tells me his company is earning at the rate of [[underlined in red]] $150000 a month will soon earn $200000 a month net profits. [[/underlined]] Are manufacturing [[underlined in red]] $6000000 [[/underlined]] worth of chemicals per annum selling 6 million additional purchased elsewhere.  [[left marginal note]] # 2 hs. [[/marginal note]]
That [[underlined in red]] his common stock [[/underlined]] is earning this year [[underlined in red]] 50% [[/underlined]] at par.  He has plans for issuing [[underlined in red]] 6% preferred [[/underlined]] non voting stock for all future needs, so as not to impair his control of the company by his possession of majority of common stock.  Wants me to lead enthusiasm and interest in [[underlined in red]] Soya Bean proposition. even if I can only give occasionally a few hours to the subject. [[/underlined]] He is willing to provide me [[underlined in red]] with assistants or secretary
[[end page]]
[[start page]]
159
to carry out my ideas or [[/underlined]] work under me and take away  from me any drudging or too much personal intervention.  Wants me [[underlined in red]] to make his my latest life work [[/underlined]] etc. Told him how just yesterday I had discussed with [[strikethrough]] Mrs. Ba [[/strikethrough]] [[underlined in red]] Celine how I would like to retire entirely from all business [[/underlined]] matters or anything connected with commercial aims.  [[underlined in red]] How I am tired of Bakelite and what relates to it. [[/underlined]]  But that the [[underlined in red]] Soya Bean idea is my old love and [[/underlined]] that this touches me on a sensitive spot.
[[underlined in red]] Nina [[/underlined]] left again for Vassar.
[[underlined]] Dec. 18 [[/underlined]] More letters of [[underlined in red]] complaint of Westinghouse and particularly Continental fibre company about infringements of Rednesol Co and Condensite in the [[/underlined]] matter of composite card board  [[underlined in red]] I hate the whole thing. -- Will