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[[strikethrough]] 82) [[/strikethrough]] 84) [[underline red]] income taxes [[/underline red]] anticipated by the new increased tax bill now being prepared. [[strikehtrough]] Wrote him [[/strikethrough]] etc Also advises me to buy some shares of preferred Bakelite now offered at 65$. Told him price much too high as compared to more favorable listed stock such as Baldwin Lucornative pfd. 7% now sold so low would not buy any preferred Bakelite even at lower prices Long letter Redman telling me how [[underline red]] deeply affected [[/underline red]] he is by prospects of [[underline red]] not declaring the regular preferred [[/underline red]] dividend and how he need $ [[strikethrough]] 200000 [[/strikethrough]] 2000. on which he counted it. Wrote him friendly answer showing why we must keep all liquid reserves etc. and offering him to arrange the $2000 matter someway or another A telegram from George urging me again to go [[end page]] [[start page]] [[strikethrough]] 83) [[/strikethrough]] 85) North and meet [[underline red]] Dillon [[/underline red]] etc. that the latter told him [[underline red]] his [[/underline red]] charges have varied in past transactions "from 10% to [[strikethrough]] 0 [[/strikethrough]] a dog", which sounds unconvincing to me. George says [[strikehtrough]] he [[/strikethrough]] Dillon is writing me. [[underline]] March 11 [[/underline]] George wires me further urging onto me Dillon [[strikethrough]] while [[/strikethrough]] this while I am waiting for Dillon's letter. Do [[underline red]] not see why we should "put the cart before the horse" and shall refuse to go ahead until Dillon has clearly explained his terms. [[/underline red]] After all Dillon here is simply after commission and has no further interest. His [[underline red]] actions and motives are the same as when he sold Foreign Bonds to American victims. [[/underline red]] Nor do I see why we need Dillon in view of the fact that Barnet & others of C&C know intimately our situation and former annual balance sheets. I am reluctant