Document 9Ly4NyR1ONK2eaXm1zqeB87B5

Z u sorry tut you wars u.i-bla to amt to our Matin* t ihell-Max on Friday laat, Tba ona Important point whloh affects your Oorernment aarloualy an* tba prloa point. Tba Turner d eeall Company praaaad for an lnoraaaa In prloa and aa accordingly agreed to tba Inclusion In tba Contract of a Prloa Clauaa aueh aa aould hay* aatlaflad tha tllnlitry of Supply bad tha Ministry and not tba /jnerloans bsan purchasing. Tha Clauaa In affaot provides that tha prloaa ahargsd In 1943 shall ba rariaaad In tha light of provad Inoraasaa of oosta and tba profit experience of tha Company# Ta shall ham to ba satlsflad by tha Company not only slth tha lnoraass In oost If agraad but also that tbs profits of tbs Company ara auoh, haring regard to tha oapltsl amploysd and tha natura of tha buslnasa, that tha Ooapany could not ba oallad upon to inset any part of tha Inoraasaa In coats out of Its profit margin. Without seeing tha Company's oaaa(abloh sill ba submitted to us personally) Z am not able to aay that tha opsrat Ion of this Cluuea sill silos tha uuopsny to maintain Its profits at Ita X.P.T.standard. If, for exanpla, tha Inrsatlgatlon shosa that tha Company has bean enjoying an reasonably high laral of profit (haring regard to eaplUl employed and natura of tha business) sa should acpaet It to atyul.'tr .one part of tha lneraaoa in enata, Zf, on tha other band, tha profit margin baa bean In our rise reasonable, aa should alloa tba lnoraaaa In ooata to hare full affaot of tba prloaa. /X shall ba :.s -wt--,'. **., brflse of tha High Commissioner for Couthern Rhodesia, 430. Strand, London, v. a