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kong as will
this fair and reasonable Agreement; and, in expressing this hope, I can
only repeat that nobody would do re more than I if you did not ace your
to do so. way
together with your own decision cause you to sign
I have embodied in the Agreement, as you will note the con- cession of the extra 1/2 over and above the September "heads" and the
important concession as to your sharing wit. us the profits arising un-
der clause 12 of our Texas Agreement, a profit which, particularly on
the new cargo, promises to be a very good one. N. B. The financing
of the cargoes is to remain in our hands, as now.
I would also draw your attention to what I wrote in the end
aragraph on page 7 of my unuary 28th letter, as to the cupardore Jommission, etc. The compradore of the former agents get only 1/4,
considering that this is an absolute cash business and one of magnitude;
and that, if you pay your compradores at the rate usual for business of
smaller dimensions, this should benefit you indirectly.
In short, the agency of this large concern thich has now
started to build its own steaners) is a very valuable one for several
direct and indirect reasons,
As to the Joint Agreement with the lexas Jompany, you will
find reference to its wording on page 5 of my letter, just referred to;
and ii you will telegraph me;
"signed posted Agreement agree sign Texas Agreement"
I shall understand that you agree to my proposals as now submitted by
this letter and I will inforu the Texas Company forthwith that you are prepared to sign the Joint Agreement with them when it is placed before
you.
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