Mr. 7 Lionel i ” the same June Fa i» } 16, '24, } your yea my co did any wrote the following letter: Your letter of 17th ult. has not been answered before account of the absence of some of the company from the city. reply to the same would say that we have carefully considered decided to accept the royalties specified and | aave the matter in our agreem nt of the 25rd day of December, 1903, less twenty per cent 5 Tor 16 gauge automatic shotguns you import from the Fabrigque Nationale, provided that if you reduce the price of your shotgun so the royalty will be as low ZAauge automatic as two dollars and a half a gun,then this differential shall cease anda the gun you manufacture and the gun you import will take the same royalty. The roy 1ty above specitied on the import shall be fixed by the amount of the royalty you pay on the manufacture, regardless of the price at which the arp pte gun. is sold. We will also with the Fabrique Nat 10nale D'Armes de Guerre for del tye ies guns to you without the pay ment of royalty thereon to ourselves. pay on In €5 a bo or a jm Fun| — S You Sun1a Yours very truly, ~ Vice-President." It Arms pro Company, big ositions even some without The but ; a = ever in appears way or your : The m mailed Remington 1 : . . Arms i‘ a Et induced the Fabrique in mann Ving arises the Remington and mere without f fac Nationale t ,0 binding your company ; December 9th be matter acceptance it the Remington fae Arms them cannot to 4 therefore, elimi nated should induced an guns and, ship From 4 be I from determined accept to Company. “A not ot Nationale Arms sa) ; seems effect, 4 ol it no has did °. Remington but of it mm “> letter, effect Opinion my your -\ the “not other any of is to Company —“ acceptance In the the lette an now 9th. this contained. company acceptance, fabrique tay mailed accepted by Me tract. tha t therein question December hat — f the as shipment. above of because it its terms it ripen into very could not C +; conclude the that never required a con- luce heave the that the effect the consideration if was letter of letter of of the of ques- December ~