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UNIVERSITY OF MINNESOTA INSTITUTE OF TECHNOLOGY MINNEAPOLIS SCHOOL OF CHEMISTRY OFFICE OF THE DEAN November 29, 1939 Mr. C. B. Lee DEC 4 1939 United States Radium Corporation 535 Pearl Street New York City Dear Mr. Lee: May I bother you for one more piece of information? What is the present price cost of radium? There are two factors which I thought might tend to raise it. First, the agreement, which I understand, has been reached between the Belgian and the Canadian Companies as to sales, territory, and possibly price. Any information which you can give me as to that agreement will be appreciated. Second, your statements about the increased use on airplane dials and the higher grade requirements made me wonder whether this increased demand would tend to raise the cost. On the other hand, the sale of radium for therapeutic purposes in Europe, at least, will probably come to a standstill during the war which would have a tendency in the opposite direction. If you do not mind dropping me a line about the price which you have to pay at present and whether you expect any change in that when your contracts (if any) have run out, I would appreciate it. Very sincerely yours, s.b. Lind S. C. Lind, Dean scl/g

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    "ocrText": "UNIVERSITY OF MINNESOTA\nINSTITUTE OF TECHNOLOGY\nMINNEAPOLIS\nSCHOOL OF CHEMISTRY\nOFFICE OF THE DEAN\nNovember 29, 1939\nMr. C. B. Lee\nDEC 4 1939\nUnited States Radium Corporation\n535 Pearl Street\nNew York City\nDear Mr. Lee:\nMay I bother you for one more piece of information? What is\nthe present price cost of radium?\nThere are two factors which I thought might tend to raise it.\nFirst, the agreement, which I understand, has been reached between\nthe Belgian and the Canadian Companies as to sales, territory, and\npossibly price. Any information which you can give me as to that\nagreement will be appreciated. Second, your statements about the\nincreased use on airplane dials and the higher grade requirements\nmade me wonder whether this increased demand would tend to raise\nthe cost. On the other hand, the sale of radium for therapeutic\npurposes in Europe, at least, will probably come to a standstill\nduring the war which would have a tendency in the opposite direction.\nIf you do not mind dropping me a line about the price which you\nhave to pay at present and whether you expect any change in that\nwhen your contracts (if any) have run out, I would appreciate it.\nVery sincerely yours,\ns.b. Lind\nS. C. Lind, Dean\nscl/g"
}