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93/ system of [[underlined in red]] pensions [[/underlined in red]] for employes of Bakelite Corporation, guaranteed by Life Insurance companies and taking affect at the age of 65 This will necessitate a direct outlay of [[underlined in red]] 210000$ [[/underlined in red]] from [[underlined in red]] Bakelite [[/underlined in red]] Corporation, as part thereof the [[left margin vertical in red]] Pensions [[/left margin vertical in red]] sum increasing for any further delay George B, Rossi, Redman, Sanford Brown all present and we are unanimously in favor of it. Next week meeting will be held with representatives of various Life Insurance companies, guaranteeing the pension system and to answer any questions which may be put to them [[left margin vertical in red]] Allied Dye & Chemical Co [[/left margin vertical in red]] Afterwards Dr. J. F. Wait who desires a position with us, in our patent department, or research or mfg came to meet us and I had a long private conversation with him about his curriculum and past work. - Told him to write to the Op. Com.. what he expected as salary etc. for a trial engagement. - Rossi expresses the thought that he lacks initiative and also cites against him that he did not hold his position with National Aniline & Chemical Company. The latter objection is not valid because [[underlined in red]] National Aniline Co like all the ramifications of Allied Dye & Chemical Co. are notorious for the high handed and inconsiderate way they treat their chemists and engineers, while the men at the head like Welier, [[/underlined in red]] [[end page]] [[start page]] 94/ [[left margin vertical strikethrough]] This should have been written under July 7 [[/left margin vertical strikethrough]] [[left margin vertical with a bracket over July 4 entry]] Should have been written on July June 30. Page 91 [[/left margin vertical]] [[underlined in red]] Baruch [[/underlined in red]] and [[underlined in red]] Eugene Meyer [[/underlined in red]] are [[underlined in red]] essentially Wall street men [[/underlined in red]] who are unfit to understand the full value of their chemists and engineers - Very hot and sultry [[underlined]] July 4. [[/underlined]] Much cooler and bright [[bracket in left margin]] [[strikethrough]] Dr. Judson Daland here at Snug Rock all day. - So talked old times over again. He has given recently his whole fortune except a few thousand Dollars for the Institute of Medical Research he founded in Florida Is on his way to Vera Cruz and Mexico to study tropical disease He is [[strikethrough]] several [[/strikethrough]] about 74. now but very active and interested intensely in his work. [[/bracket and strikethrough]] Last night we had a [[underlined in red]] violent squall [[/underlined in red]] wind velocity about 70 miles but did not do any serious damage here and cooled the air considerably Feel entirely recovered from my cold and sore throat. [[left margin in red]] Fire crackers [[/left margin]] Beautiful morning and perfect weather, enjoyed walking around over our gardens etc. [[underlined in red]] A few firecrackers in the morning [[/underlined in red]] in the neighborhood but very little compared to that barbarous custom of noise and detonations of the Fourth of July "celebrations" of some ten or twenty years ago, since in most places, sale of firecrackers is forbidden. I had [[strikethrough]] sent Dick [[/strikethrough]] given [[underlined in red]] Dick and Frieda, vacation for the [[/underlined in red]] day. So I enjoyed this beautiful
Transcription Notes:
Per instructions did not hypenate the last word on 2nd page which was to have continued to the next page
