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[[annotation in top margin in red]] Merger accounting [[/annotation]]
Since Kirk Brown has shown himself in his true light, I fear letting go on with all his artificial dickerings between General Electric Co, Westinghouse and Diamond Fibre Co. and I [[red underlined]] suspect [[/red underlined]] he has some complicated plan in mind. The man undoubdetly has a bump of low cunningness unless I am totally mistaken. I sincerely wish I were mistaken for to have such a man as a general manager would not be anything short of a disaster for all of us. If he were truly intelligent and had a straight mind he would realize what side his bread is buttered.  Hays wrote a letter to Goldsmith dictated while Kirk Brown was present and [[strikethrough]] esp [[/strikethrough]] explaining the present muddle 
[[annotation in left margin in red]] Kirk Brown [[/left margin]]
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[[annotation in red in top margin]] Merger accounting [[/annotation]]
I found it necessary however to [[strikethrough]] add [[/strikethrough]] have him write an additional letter explaining my point of view.  On talking the situation over with Townsend, then with Neave they both agree that instead of following complicated plan of Kirk Brown and restrict sale of bakelite for composite cardboard to a few firms, which will compel others to infringe our patents and lead us in interminable patent suits, we [[red underlined]] should on the contrary [[/red underlined]] sell to any reputable firm. If we do not do so, we shall have the ever increasing Radiophone Public against us and very probably Federal action.  
March 31. Here all day. Hays calls up to tell me Kirk 
[[annotation in left margin in red]] Kirk Brown [[/annotation]]