Letters Sent to Herbert N. McCoy, January 19, 1928

January 19, 1928. Dr. Herbert N. McCoy, Vice President, Lindsay Light Company, 161 E. Grand Ave $ Chicago, Ill. Dear Dr. McOoy: I have been tied up on out of town matters, which accounts for the delayed answer to your very interesting letter of Jamary 10th. We have indicated to you from time to time the general condition of the radium industry and its relation to mesothevium, 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, 2 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 consumated. It is our hope that the problem may be solved in a manner that will dive 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 bolieve you are running any great risk in bringing your mesothor- ivm 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 thot 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 Vory truly yours, CBLee: President.