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Also contrary to belief of Redman our new "air drying varnish resins" have not only not brought us in profits but are heavily in red on account of all the side expenses. - [[underlined in red]] Redman [[/underlined in red]] seems rather astonished specially because the loss is heavier in the second half of the year than during the first. 
[[underlined in red]] Sanford Brown who loses no occasion to increase his importance [[/underlined in red]] by pointing to halowax, is this month [[underlined in red]] heavily in red [[/underlined in red]] and the earnings over the whole year as decidedly less than some of our other departments.
In presenting my annual report I took occasion to read them some extracts from [[underlined in red]] former annual reports where I predicted them many years ago, even as far back [[/underlined in red]]
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as 1923, all what [[strikethrough]] has [[/strikethrough]] ^[[is]] happening now, when I [[underlined in red]] had to struggle with Karpen & Roessler & Hasslacher [[/underlined in red]] and others to convince them to increase our liquid reserves [[underlined in red]] instead of paying out everything in dividends. [[/underlined in red]] 
[[strikethrough]] [[underlined]] Dec. 19. [[/underlined]] A man named Freeman who has written and telephoned me several times to meet me for discussing financial affairs came here today at 11. A. M. [[/strikethrough]]
We were thru with our meeting at 1 P.M. - These have been [[underlined in red]] streneous days and sleepless nights for me. [[/underlined in red]] I feel very much relieved; so I wanted to get 2 hours of rest by going to some Cinema. So drove first for luncheon to the Brevoort Restaurant. This [[underlined in red]] whole week have had no time for lunch except swallowing a sandwich and an apple in my office [[/underlined in red]] while the others went out