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102 long conference with [[underline]] Redman [[/underline]] where he posts me on [[strikethrough]] st [[/strikethrough]] new developments and events of Bakelite Corporation. [[underline]] Sales decreased [[/underline]] somewhat first months, [[underline]] now ascending [[/underline]] and last month larger than corresponding month in 1924. We [[underline]] agree on all points [[/underline]] discussed previously with [[underline]] Karpen, [[/underline]] amongst them are following: 1/ First [[underline]] buy Moldensite outright [[/underline]] [[strikethrough]] at reasonab [[/strikethrough]] if possible and a reasonable price. 2/ If not [[underline]] start independently in England [[/underline]] a brand of [[underline]] Electroplax shipping molding mixtures from Chicago or Toronto and also laminated goods [[end page]] [[start page]] 103 from [[underline]] Toronto [[/underline]] Then later make [[underline]] laminated goods in England and molding mixtures [[/underline]] 3/ then [[underline]] buy out Damard [[/underline]] if [[strikethrough]] possible [[/strikethrough]] [[underline]] it is possible to [[/underline]] to do so at a reasonable price and on acceptable terms so as not not to be [[underline]] encumbered by German stock-holders, [[/underline]] nor other stock holders [[underline]] who only count by their cash and not by their services [[/underline]] 4/ [[underline]] Keep out of all entanglements of Damard with Germany or Damard selling agents, [[/underline]] or anything which handicaps us [[underline]] for a clean start. We do not need others money, [[/underline]] but we are [[underline]] desirous of their services and good will. [[/underline]] 5/ Then make [[underline]] equitable [[/underline]] [[left margin]] Foundation of British enterprise [[/left margin]]