Mr. Joseph G. Butler, Jr. Youngstown, Ohio. United States.

Dear Sir:—

I am pleased to acknowledge receipt of your favour of the 9 November, and of the copy of your report respecting the French Steel Industry. I thank you for same.

I have read your report with high interest, on various questions referred to, and particularly the Comite des Forges de France, and the works of Messrs. Schneider & Co. at Le Creusot.

I should be happy if a further good opportunity could afford me the pleasure of meeting you again, and I remain, dear sir,

Very truly yours,

C. CALOR.


Chambre
Des Deputes
Commission du Budget.

Paris, le November 30th, 1916.