Viewing page 3 of 65

[[blank]]
[[end page]]
[[start page]]
[[circled]] 1 [[/circled]]   1931
[[underline]] June 17. ^[[1931]] [[/underline]]
[[vertical note left margin in red]] Threatening conditions [[/vertical note left margin in red]]
Spent all morning and most part of afternoon with [[red underline]] Redman [[/red underline]] passing in review present [[red underline]] threatening situation [[/red underline]] of our company, [[red underline]] confronting him with figures [[/red underline]] indicating our [[red underline]] rapidly falling off of [[/red underline]] sales and enormous [[red underline]] reduction of earnings while general expenses are increasing, specially his research department [[/red underline]] and how thru construction of our new [[red underline]] 2000000$ factory, his 200000$ [[/red underline]] addition, Pantone etc our [[red underline]] liquid assets are being reduced rapidly [[/red underline]] and have already sunk to nearly [[red underline]] 4 millions, [[/red underline]] ^[[in red]] [[(!)]] [[/in red]] while we have [[red underline]] not yet written off our losses in Italy caused thru lack of judgement and slowness
Please note that the language and terminology used in this collection reflects the context and culture of the time of its creation, and may include culturally sensitive information. As an historical document, its contents may be at odds with contemporary views and terminology. The information within this collection does not reflect the views of the Smithsonian Institution, but is available in its original form to facilitate research. For questions or comments regarding sensitive content, access, and use related to this collection, please contact transcribe@si.edu.