Viewing page 90 of 283

This transcription has been completed. Contact us with corrections.

Thum[[?]] is a dangerous man to dictate the policy and completely run all operations of [[strikethrough]]some[[/strikethrough]] so extensive a business. He makes the concern wholly his own and endangers it to the follies of an undereducated and socialistic mind - not true socialism, but the Hearst breed. The Berry's are both afraid of him, Smith is a sick man, Stephens lacks system and discipline, Truman, the one man of brains and courage, is away - So, what's to be done? My views are set forth in the letter to Truman. They may be unsound but they represent my best judgement