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in molded bakelite articles or laminated board
Told him I feel no enthusiasm in the matter because I know he has already more than he can attend to and his business requires his full attention otherwise he asks of finding himself someday in awkward financial difficulties. Seabury propose that we furnish him with someone to take care of financial part of his enterprise 2/ that we extend credit to him; 
3/ in return he is willing to give us a long time (5 year) option to bring us controling stock at a ratio similar to the formula adopted in merger of Bakelite Corporation 
If we are willing to do this he can attend to our development matters and nobody
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needs to know about our arrangement outside of ourselves Afternoon went to Perth Amboy. Talked to Rossi about Kirk Browns suggestion and arranged for George Roll to spend there alternatively two or three days.
[[strikethrough]] Told to [[/strikethrough]] Saw resin of Schrimpe made of acetylene + phenol. He was making some in an open kettle, by simply bubbling C2H2 into the heated phenol 
Told to Rossi and Schrimpe the absolute urgency of continuing work to isolate the phenolic body obtained from condensation of Furfuraldehyde and phenol. Told Schrimpe he must not be satisfied with simply cooling the reacted mixture but must resort to washing and fractional