RE: Attached statistical findings

... Of course it's a risk, Frederick, but we're in the risk-taking business, and we always were, as your father used to say, and mine too. Between us, John is a cautious old man, and the rest of the Board is beginning to appreciate that. By next year the entire situation may have changed.

I'm asking for your support, then, as a matter of practical politics. In a risky matter like this one, support can make all the difference between....


TO: James Oliver Gogarty

FROM: John Harrison

RE: My memo May 19

J. O., I mean it.

Now lay off.