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565 Oentenl Avenuo, East N. To. June 8. 1921. itr. W. R. Crons, 33 Pino Street, Coplos: hoeder. Sehwab, Sow Tork, Y. << Evarts. 107 denr Cross:- your kind letter of June 2nd received. you are quite rimht that controversy over opilled benna wolla be a ridiculous thing. T appreciato, howover, your final offort to romove missoprehonsion on the basia of facts. Sânee the storm 1a orer and I em not onbject to, lat us gay. hypnotic influnnees, you will pormit my obe jective recmpitulation of happoningo in perallel to your statemente. it two Fobrunry mootings of the Bonrd of Directors, T asked the Bonro to on the managoment of the Company. define it and fix duties and resnonsihilities. The Bosta expreased of our complichents in 1920 nnd you stated then that you dia not inow enough nbout the dotallo of the Company's affeira to decide upon the mottor. I insisted that in view of Blins's deporture to Huzope and bnd industrinl conditions, the management question should not be left onen and that there should not be any aisunderstanding as to the responsibility for out the business. A vory long and garious discussion with ectusl examples followed end una closed by your notion and segonded by the nomed *to work ne before". Sinee montioned mooting. netuni manerement of the Company wha in the hands of Roeder and T hnd not been kept in contact with any important affnirs of the Company. At the next meeting of the Bosrd I naiced for temporary powers of Genozal Manager, not T folt particularly fitted for that Job, but to strnighten the menngement question nnd to push the work vigoroualy mhend. surgation vas discarded and your notion that "prosidont and Tressuzor shnll be responsible for enreying out outting down liquidation prozram noceptod". My furthor arguments that the question shonle be sottled et this mooting ung not considored, T offered then another geation, that the Bonro abould authorize oithor Hoeder or my- self to anryy out above progeam. your regolution, adopted as above, remained unchangod and unnodified. It in intorentine and thot Roo- dor 016 not ast for, nor woro you willinm to put him in chorgo