Translation by Val September 7, 1951 A. Browning Mz. John Val Browning JeM. & M.S. Browning Co. At The F.N. Herstal DG/RL/aje Dear Mx. August 22, 1951 Browning: 1952...Program We acknowledge to our receipt Directeur the object of the letter General, of your Mr. Lalouxs conversations which you letter, of the 20th addressed the on the 9th of August contents and 2ist with of which have been the latter. Price. We have noted with satisfaction the efforts which Browning Company to better the prices of the Auto-Fiveeshot and of the Superposeds. have made We have noted in effect that you will offer us approximately the same percentage of increase as has been put into effect in your retail prices in the United States, and this seems equitable. We want, increases will not enter into effect for us however, to remark to you that these until one year after the time when you increased your retail prices, date at which we ourselves have unfortunately started to put into effect the increases of wages and of raw materials, which as you know have effected the economy of the whole world. In this regard it would be from our point of view desirable that when you are looking towards a change in your prices, you should let us knows we would then be able to enlighten you as to our point of view and thus you would be in a position to make your decision which would be based on the needs of the manufacturer at the same time as upon the possibilities of the markets. However this may be, we thank you for the prices which you offer and we accept them. We also accept, although the first of these modifications will be troublesome, to incorporate the two piece carrier in the Automatic shotgun as well as to elongate the forestocks of the Superposed gun, the dates of progressive incorporation of these two modifications having to be determined by the manufacturing services. In any case, on account of the volume engagement which we are making to you of the orders and the duration (fifteen months minimum) of the and to avoid a renewal of what happened to the order for 'Sl, their acceptation is subject to the following reservations: If general economic conditions should lead you to