Document RjnLK1aBp7d0qo33eawo0Lmyk

i i --i M I * W 4 U a * s t t CD T" V 1 1 & *-- X CL 3 Q. m 3 W` CO J Vua 0 ..-V - V lu Material* Dept., 2(tC> 1st 1948. Mr loktrtita, Anboatoa Mm that you **r* m.'Ui to saata to oar Mating at IhalMu & Friday last. Tba au important point *bl*h affaata your Oeraraamt seriously saa th# price point. Tba Turner a sail Ocaipany praaaad for an laoraaa* la prloa and v* accordingly agreed to th# laaluslon In tb* Oontraet of a Frlso Olauaa aush aa oould have aatiaflod tba Ministry of Supply bad tba Mlnlatry and not tb* AMriaans baan purchasing. Tba Olauaa in affaot prorldaa that tb* prlaaa obargad la 1948 aball b* rarlavsd In tb* light of proved lnaraaaa* of eoata and tb* profit experience of tb* Oampany. 7a oball bar* to b* satlaflad by tba Company not only with tb* laoraaa* In seat If agreed bat alao that tba profit* of tb* Oanpaay are aush, having regard to tba capital Mployad and tb* nature of tb* business, that tb* Qaopany oould not b* called open to Mat any part of tb* laoraaaaa la ooata oat of It* profit Mrgla* without oaalag tba Company*a aaaatvblob *111 b* aabmlttad to aa personally) X m not abl* to aay that tba operation of thla Olauaa *111 alio* tb* OaMpany to Mintain Ita profit* at Ita S.f.T.standard. If, for asampla, tb* lavaatlgatloa abosa that tba Company baa bean enjoying an raaaenably high level of profit (baring regard ta capital employed and nature of th* business) v* should azpaot it to abouldar tana part of the lnaraaaa in ooata. If, on th# Other band, th* profit margin baa baan in oar via* reasonable, a should alio* tb* lnoraaa* la coats ta bar* full affaot of tb* price*. fl shall b* W.C.Robertson, Ksq, Offla* of tb* High Camlsalonar for Southern Rhode*!*, 489. Strand, pMfilH). *&.* l % 'nf M>V 0 *% X rtiU k hnM t* kn; job lafMMd of tk* nvm of Mr iavMttiiUea mad lud jw thli lUtwat to laftm.iw of tho yrtMl^n is *Uat w ofeoll prooood. Itwi ilaoirtlr, # % -w TT -r / ... i*i**; -*f1"* . iimtft s- " ^ ^ i e: 3T.1 : (- iN ~j `!I "i4 o' * i 1 i *l-f\ < r^. J r~ jI '2 j v k i p: : *< i ''i _ ,, ,, p! * ^ ' ! 1:. o. i -i 5i I; \ "l ! >*' iI li i ?P #** **ii I 1 X 4*4 i *Hs ife