Mareh Mr. John & Bridge R,. Rafter Street New York 4, Dear Mr. New 10, 1950 York Rafters Wish to acknowledge with thanks your letter of March anticipated legislation affecting customs procedure, already have discussed the problems brought up in my February 28 with Mr. Val Browning. 7 relating to I note that you letter of I do not wish to belabor matters at a time when legislative outcome is still somewhat indefinite. I only wish to call to your attention a problem or two in order that they may be considered as the legislative trend develops, We, of course, will appreciate very much receiving Significant information on these changes as soon as it comes to your attention, Referring to the next to note you do not feel that last paragraph that appraisal of at your letter "United of States March value" 7, I is likely to be disadvantageous to us. Again, although I am aware that the appraisal procedure is yet to be definitely determined and that dutiable values are likely to be redefined, wish to refer you to my letter of December 16 with its attached schedule. You will note that the devaluation of the france has placed us in a rather favorable position because it has effected the dutiable value downward considerably, You can understand that we feel concern at the possibility of being appraised at a different dutiable value which may be perhaps closer to the factory price, We are also concerned that there may be incurred a great deal of red tape in establishing a new dutiable value. The guns are moving nicely at the present time. As a matter of fact, they are going out just about as fastas they are coming in. Nevertheless, both the Superposed and automatic are high priced guns on the American market. In their respective categories, they are nearly the highest priced. We are acutely aware that every dollar may make a substantial difference to our sales in the near future when it is logical to expect that postwar gun demand will be better satisfied and competition keener, Sincerely, M. MBB/co/aw Air ccs: Mail M. A. Browning ec: V. Browning A. Bigelow Browning