Viewing page 22 of 101

This transcription has been completed. Contact us with corrections.

38/
Told him that his [[red underline]] "confidential letter" for which he asked permission! to show to others!! had already been sent to A. Karpen [[/red underline]] in Chicago, who had asked my comments thereon That these comments were now ready and I am sending them to Karpen and will also furnish copies to the members of Operating Committee. - I was first [[red underline]] furious [[/red underline]] when I send that unfair letter of reproaches. But now I feel glad that I then have had an opportunity [[red underline]] of putting S.B in his proper light [[/red underline]] and to call "a spade a spade" and record in writing what I refrained from saying as long as [[strikethrough]] he kept [[/strikethrough]] possible [[red underline]] S.B. has been intriguing in his sneaky way [[/red underline]] with Karpen and others. I
[[end page]]
[[start page]]
39
suspected it since some time but now that he [[red underline]] has been found out [[/red underline]] I can speak out 
Jan 6. Met [[red underline]] Dillon [[/red underline]] and Mr. Derby at Dillons home by appointment with [[red underline]] Geo. Baekeland [[/red underline]] at 5 P.M Had first a general talk on [[strikethrough]] different [[/strikethrough]] ^[[various]] matters so as to get acquainted. Then coming to the point I insisted on the fact that I was in a rather delicate position in going ahead with the subject, because our employes [[red underline]] might hear about it which would stir unrest on their [[/red underline]] part etc. That I first desired to [[red underline]] to insist on secrecy. [[/red underline]] because there was every possibility of the matter not going thru. That we had been approached repeatedly from other companies for a similar object but that in every instance I had declined That [[red underline]] General Electric [[/red underline]] however