Document xgEv5EM8ajn4oGq4G1v27L61

fy' 4 COPY n a t io n a l r e c o v e r y a d min is t r a t io n . WASHINGTON, D. C. February 21, 1934. In reply refer to Div.#l. Mr. F. M. Carter, President, National Lead Company, 111 Broadway, New York City. Dear Mr. Carter: In conformity with your request of this morning, I am sending you a copy of a telegram received from Mr. Harry L. Day. 1 would appreciate your comments at the earliest possible date, so that I may make a reply to M:r. Day's telegram. With kindest personal regards, I am Your8 very truly, W. A. JANSSEN Deputy Administrator. NL 000040370 COPT TELEGRAM February 20, 1924 WALLACE, IDAHO 1 Hon. Walter A. Janssen, Deputy Administrator for Lead Code. Prot-st si^ntnre of last draft lead code issued February 6 as practically valueless. Stop. Contains no production and sales provisions comparable to those of copper code issued February 12. Stop As issued lead code in effect is a build up for National Lead Company whose avaricious price policies have destroyed market for aporeximately fifty per cent pig lead production. Stop Recommend National Lead be compelled to reduce prices white lead one third to one half In order to stimulate consumption latest paint demand enormous but strangled by prohibitive price. Stop. The undersigned also, represent substantial commercial units. HARRY L. DAT MEMBER IDAHO NBA ADVISORY BOARD NL 000040371 N 26623.01