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Everything [[red underline]] dead earnest and not a smile [[/red underline]] on their faces. This is "Versailles day" and a protest thereto.
Evening went to the Opera, to see "Rosencavalier" a rather boresome creation of Strauss. But the whole house full. - notwithstanding bad times. Same old habit of between the second act general promenade in the Restaurant room. - beer sandwiches, etc. 
[[underline]] June 29. [[/underline]] [[red underline]] Bassa and Henri Molinari [[/red underline]] at Sachs office. Discussed [[red underline]] Italian situation. [[/red underline]] Sachs wanted 33% of the stock. Basso shares it cannot be done without him losing control. Offers 5% of profits or an interest corresponding to a sum equal to what would receive as dividend if we had 400000 Lire worth of shares. [[strikethrough]] Told them we must think it over [[/strikethrough]] and will give reply tomorrow. 
[[underline]] June 24 [[/underline]] Luncheon at Kranzler Miss Basso, Mrs. Sachs, Weger, Basso, Molinari & myself. Agreed upon to be followed by [[red underline]] formal agreement. [[/red underline]] Basso, Molinari and Sachs my guests at Kaiserhof. [[strikethrough]] for June 30 [[/strikethrough]] Went to Grand Opera to see Rienzi. - Scenery & costumes well arranged except for the trompeters of Rome in 1300 using sliding trombones!! as instruments instead of trumpets!! [[strikethrough]] After [[/strikethrough]] This is one of Wagner's best operas, not so heavy as most of the others. - I have [[strikethrough]] to the [[/strikethrough]] come to the conclusion that contrary to what is said about children, 
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most operas should be [[underline]] heard [[/underline]] and [[underline]] not seen![[/underline]] Thus they make the best impression instead of much superfluous boresome acrobatic singing by some [[red underline]] 250 lb prima donna [[/red underline]]
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Sachs vs Strauss [[/note in left margin]]
[[underline]] June 30. [[/underline]] [[strikethrough]] Went on inquiry find [[/strikethrough]] Preparing to leave on SS. Manhattan. - Went to [[red underline]] Sachs office. His brother Robert was there with a long drooping face getting paid off. [[/red underline]] Sachs repeats his denunciations against [[red underline]] Strauss, and yells them out loudly and how Strauss [[/red underline]] wrote him and Weger a letter that they had not yet paid for their stock in Bakelite, a few months ago; when he should have known that he was mistaken before writing such a letter; showing that S. was either negligent, or was so eager to trap Sachs & Weger that he [[strikethrough]] fo [[/strikethrough]] omitted getting proper information first etc. etc. How [[red underline]] S. was to blame for sending his brother Robert away [[/red underline]] etc. That Sachs will never forget this. etc.
[[red underline]] Sachs tells me that altho' in 1913, Berliner Handelskamer Gesellschaft was the only bank which had an interest in Rutgers, since that time thru consolidations of banks the Deutsche Bank because of more influence [[/red underline]] and Dr. von Strauss, who is Dr. Stauss, who is Dr. Stauss brother was a director in Deutsche Bank and thus [[red underline]] Dr. Stauss became director [[/red underline]] in Rutgers and Chairman of Aufsichts Rath of Bakelite Gesellschaft. Dr. [[red underline]] Stauss tried  to become of Rutgers, after death of Seagal, but [[red underline]] Fabian was appointed [[/red underline]] instead. Dr. Hellwig who is a business expert was sent by Deutsche Bank to examine and criticize Bak. Gesellschaft and made recommendations which were transmitted to the Aufsichtsrath of Bakelite. This action was recommended by Dr. Weigelt - whom I met the first 

Transcription Notes:
"Aufsichtsrath" correct spelling is "Aufsichtsrat"