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January 19,1928.
Dr. Herbert N. McCoy, Vice President,
Lindsay Light Company,
161 E. Grand Ave.,
Chicago, Ill.
Dear Dr. Mc0oy:
I have been tied up on out of town matters,
which accounts for the delayed answer to your very interesting
letter of January 10th.
We have indicated to you from time to time the
general condition of the radium industry and its relation to
mesothovium, and it is with all the various possibilities in
mind that we have undertaken to line up the situation to the
mutual advantage of all concerned. If we have misled you into
believing that we were in a position at this time to agree to
take your mesothorium in the form indicated, a our action has
been a little premature, as there are factors which must be
worked out with our good friends abroad before any definite
arrangement can be consumsted.
It is our hope that the problem may be solved in
a manner that will give the Lindsay Light an opportunity to
dispose of its mesothorium regularly as produced, and that we
may be the principal factors in this arrangement. According to
present information it will probably be March or April before a
definite decision can be reached, and in the meantime we do not
believe you are running any great risk in bringing your mesothor-
1um production to a point where it could be readily handled in
a crystalization plant.
According to present plans I expect to be in
Chicago for a few days around the middle of February and shall
make it a point to write you in advance so that this matter may
be discussed more fully. There are several angles which must
be handled with care if the program which we have in mind is
to be successfully worked out.
Extending to you our best wishes, we are
Very truly yours,
CBLee:RH
President.
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"ocrText": "January 19,1928.\nDr. Herbert N. McCoy, Vice President,\nLindsay Light Company,\n161 E. Grand Ave.,\nChicago, Ill.\nDear Dr. Mc0oy:\nI have been tied up on out of town matters,\nwhich accounts for the delayed answer to your very interesting\nletter of January 10th.\nWe have indicated to you from time to time the\ngeneral condition of the radium industry and its relation to\nmesothovium, and it is with all the various possibilities in\nmind that we have undertaken to line up the situation to the\nmutual advantage of all concerned. If we have misled you into\nbelieving that we were in a position at this time to agree to\ntake your mesothorium in the form indicated, a our action has\nbeen a little premature, as there are factors which must be\nworked out with our good friends abroad before any definite\narrangement can be consumsted.\nIt is our hope that the problem may be solved in\na manner that will give the Lindsay Light an opportunity to\ndispose of its mesothorium regularly as produced, and that we\nmay be the principal factors in this arrangement. According to\npresent information it will probably be March or April before a\ndefinite decision can be reached, and in the meantime we do not\nbelieve you are running any great risk in bringing your mesothor-\n1um production to a point where it could be readily handled in\na crystalization plant.\nAccording to present plans I expect to be in\nChicago for a few days around the middle of February and shall\nmake it a point to write you in advance so that this matter may\nbe discussed more fully. There are several angles which must\nbe handled with care if the program which we have in mind is\nto be successfully worked out.\nExtending to you our best wishes, we are\nVery truly yours,\nCBLee:RH\nPresident."
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