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106

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and after they are once in possession of a license their position will be much stronger for any further tricks or lies etc. and instead of [[strikethrough]] preparin [[/strikethrough]] preventing future fights we are giving them weapons for fighting us to better advantage.  That [[strikethrough]] if we w [[/strikethrough]] even if we specify how far they can go and restrict them we still shall be subject to their tricks and that the [[red underline]] only [[/red underline]] radical way I see is to make a merger including Condensite, Redmanol, Bakelite and possibly Boonton Rubber and Continental Fibre.  But even that was not very attractive to me and that I was hearti-

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107

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ly tired of the whole thing and if things went on much farther the time might come when I would feel like selling my holdings to the highest bidder, making a money sacrifice and get out of the whole thing.
When Neave arrived [[strikethrough]] I ex [[/strikethrough]] we explained to him how situation is complicated by other patents etc.  He says Bull is anxious to arrange a meeting with Karpen and us, and desirous of no postponement.  I told to Neave we had no such interest in all this hurry because I [[red underline]] surmise [[/red underline]] that Karpen has an option which expires at a certain date and that it is not to our interest to see him exercise