Document MJ7nVMvrQVEqn93vndwMdRZ1L

FILE NAME Cape Asbestos CAPE DATE 1956 Dec 28 DOC CAPE147 DOCUMENT DESCRIPTION Letter RE Cartagena Expenses Legal - Tibbs Case Exhibit 45 ELECTRONICALLY ELCTRONIALY Oct December 28 1956 Biben Malcolm Reid The Cape Asbestos Co. Ltd. RICHLAND 114-116 Park Street emma an. London W.1 England .-"~" ong a . COMMON Subject Cartagena Expenses Dear Malcolm > eo COMN You wrote me on this subject under date of November 22nd and I have purposely put off replying because every time I have read your letter I have had a rise in blood pressure and my thoughts have been relatively unprintable I am offended somewhat to have you place us in the category of ordinary commission agents which implies an independence lack of responsibility and an emphasis on local interest which we try to keep out of our thinking and our approach to business in behalf of CAC To be somewhat trite we rather try to think of ourselves as being part of a coordinated group with responsibilities to the whole even though this may mean subordinating other and more profitable interests of NAAC Certainly you are not obligated to absorb any part of these extraordinary expenses in the Cartagena project but I feel in not doing so you are taking some advantage of our wholehearted acceptance of the group idea This seems particularly so where we have gone to considerable trouble and special expense to get the job and to make it stick at a price well above the level to which you were prepared to go PLAINTIFF'S 600 Bussington Bussington wh Bussington Dep Ex No E 2, gt -8/25/86 -8/25/86 CAPE000931 CAPE0931 02691 02691 ECTRONIALY -2- FILED - Mr. Malcolm Reid 28 1956 2023 Oct There is only a limited amount of time and manpower available to 18 NAAC and it is pretty clear that we bould earn a greater profit for NAAC and probably could do momorer goe od for CAC in the long 12:13 PM run through the development and to attention other projects than the sale of Caposite in the oil industry Nevertheless we shall - contimis to do all we can to further these oil industry salos since RICHLAND that appears to be the established policy and the desired objective However your approach to the Cartagena expense problem does not fill us with wild enthusiasm and inspiration for the task - Sincerely COMON PLEAS PLEAS REC - 203CP41759 CAPE000932