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[[underlined]] Aug 3. Sunday [[/underlined]] Slept badly last night almost no sleep
[[underlined]] Aug 4. [[/underlined]] At office all day
[[underlined]] Aug 5 [[/underlined]]. 
[[left margin]] Union Carbide [[/left margin]]
10:30 Met [[red underline]] Barret [[/red underline]] and [[red underline]] Townsend [[/red underline]] with [[red underline]] George [[/red underline]] to [[red underlined]] discuss pending matters. Interview [[/red underlined]] till 1 P.M Asked [[red underline]] Barret [[/red underline]] several questions. Told him could easily judge the technical management and operation of their plants I had visited and the quality of their men. All this had made a most favorable impression and so much the more because the whole spirit and personnel of that part of their organisation was entirely similar to what existed in Bakelite Corporation. But what was very important and which I would not judge so easily was [[red underlined]] the way the super direction of the holding company was constituted and the methods [[/red underlined]] of the directors at the head. The very fact that their company was almost a billion Dollar 
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[[left margin]][[red underlined]] Industrial Buccaneers [[in red !! [[/in red [[/red underlined]] [[/left margin]]
concern might attract [[red underlined]] unscrupulous buccaneers [[/red underlined]] [[strikethrough] as had occurred [[/strikethrough]] of the kind of Jay [[red underline]] Gould, Thomas Fortune Ryan, Gates, Insall [[/red underlined]] etc. That [[red underlined]] Harriman [[/red underlined]] for instance had discovered the fact that if he could control the votes of [[red underlined]] 8% [[/red underlined]] of one single railroad, he tried to seek the control of all the railroads of the U.S and that such a scheme was only thwarted by the vigorous action of Roosevelt. That both Harriman and Ryan had been fighting each other to obtain control of the Equitable Life Insurance Co. which fortunately was averted by timely means. That United Chemicals and Dye Corporation at present was controlled by a group of [[red underlined]] Wall street speculators [[/red underlined]] totally unprepared to grasp the needs and aims of our chemical industries and ready to barter their whole organi-