MOYLE WALTER G. MOYLE RALPH P. WANLASS Spalia be eeeea & Attornens & Counsellors at tam 2 CLINTON D. VERNON JOHN EDWIN W. C. WILKINSON EARLE CABLE ADDRESS MOWILK™ BUILDING CRAGUN BLANCHARD September Mr. Gordon c/o Scholefield, M. Baxter, First Security Ogden, Utah. Dear WASHINGTON. D. C. 9th,194l. Wells Bank & Baxter, Blde., Gordon; Re: Following our final Browning telephone Arms Co. conference yesterday, I prepared an offer to settle the suit period by a stipulation that $175,000.00, plus liability of the the liability is 160,752.95 has [I am enclosing to Eckstrand interest been the offer which I submitted As told you on any reasons best I I to could. support When as paid. I the provided Mr. telephone, by I was law, of a copy this hard post- which of morning. pressed for the offer of $175,000, but did the talked to Mr. Eckstrand this morning he agreed to start the ball rolling immediately so that the offer would be under consideration before he left the Bureau. I was quite relieved when he said that the only difficulty would be to get an offer approved in an amount less than that shown in the Bureauts computation, even using our own figures as to sales and adjustments. Taking this statement, together with his statement yesterday. indicated that the Bureau may be considering a settlement substantially on the basis proposed. It is quite possible, however, that Mr. Hoyt may come back with the suggestion that he would approve a settlement on the basis of Mr. Eckstrand's computation, computing the tax at 1/10th, rather than 1/llth. When the Bureau realizes, too, that acceptance of this offer will mean a possible refund of the suit period greater than the deficiency in the post suit period, it may suggest an offer that would eliminate the refund and also the deficiency. I had thought at one time of making such an offer, but concluded finally to leave that as a possible future alternative. no I hope you will explain to Mr. Browning that there is certainty that the offer filed with the Department of