This psychic reading given by Edgar Cayce at the [257] home, ... St., Apt. 14-W, New York City, this 18th day of March, 1935, in accordance with request made by self - Mr. [257], Active Member of the Ass''n for Research & Enlightenment, Inc.
P R E S E N T
Edgar Cayce; Hugh Lynn Cayce, Conductor; Gladys Davis, Steno. Mr. [257], Mrs. [903] and [773].
R E A D I N G
Time of Reading 5:45 to 6:15 P.M. Eastern Standard Time. New York. ([257] and his material affairs and associates as related to opening of Carolina Wood Products, the purchasing of the factory and accepting business from General Electric Co. Then discuss proper time for [257] to visit Isaac Orr, with advice to carry out the deal and to discuss Paris Medicine Co. You will answer questions concerning such other information we will request.)
1. EC: We have the enquiring mind of [257], present in this room, those associations and relations respecting Carolina Wood Products, those associations and connections with same; these we have had before.
2. As we find, while the situations have changed considerable since last we had same here, many of these are clarifying, provided there are not those negotiations in such a way and manner in which [257] would be taken advantage of owing to those conditions in which the accepting of the business would place [257] in the position that, with this accepting and working out of same, then he might be dismissed from those associations and activities with same. These are those to be warned about.
3. In the negotiations as we find that exist in the present, with Thompson, where there are not only the possibilities but the probabilities of obtaining moneys sufficient for the purchasing or operating of the factory, with same is carried the possibilities for a channel or an outlet for the activities respecting the sale or operations of the factory itself. This has both its good and bad portions in same; for this necessitates that such agreements and managements should be given into the hands and associates of Thompson in such a manner in which the policies may be dictated in such measures as would cause some discordant conditions to arise when there were the possibilities or the activities of the factory reaching such proportions as to insure the success of same; for then [257]'s position might be jeopardized unless the negotiations through such channels are such that
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[257]'s interests and activities in same are safeguarded.
4. As we find, this may be relied upon by the middle of the coming month, for the positive negotiations. This is much provided, however, that some of the interests that are connected with Thompson are laying or giving the greater amount of policies.
5. As to the negotiations we find with Beck, this offers sufficient capital that would be negotiated by [257] under the present existent connections, but not sufficient in quantity to carry on to the extent that is necessary for the making of the necessary changes as to JUSTIFY [257] without assistance from other sources, accepting large orders of the General Electric or associated organizations. Yet through these channels may be obtained sufficient provided there may be gained through other channels, AS the Government, those promises that when it IS IN operation there may be the advancing of sufficient capital for the carrying on for a period of nine to twelve months.
6. These, then, are the conditions that are in the activity of [257] and associates in the present. The policies, then, and the activities that have come with the negotiations with Beck, offer the better opportunities in the immediate. Then WITH the associations, WITH those promises, this might be carried forward.
7. As to the associations or connections respecting the Paris Medicine organization or company, as has been given, there are - of course - more than one angle to the situations in the present. For negotiations with attorneys, with the position occupied by [257] in the present, precludes any activity on the part of [257] for a re-sale without there being a very definite agreement (not in words but upon paper) with the parties respecting same; for no matter how these are to be handled, there must of necessity be a satisfying of those claims that have been set respecting the sale in the present or the re-sale of the company. Hence that one that may be considered the greater authority, or Reid, in the State where the activities are to be carried forward, would be the lead that should be adhered to.
8. Ready for questions.
9. (Q) In visiting St. Louis, how should [257] approach Orr, if Reid advises it? (A) This would depend, of course, upon the negotiations with Reid and associates as respecting sale. And the advising of how it must be met may be better outlined by Reid, then, until there is an understanding, as to which one, or which activity is to be followed.
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10. (Q) How much should the lawyers be paid as a fair settlement? (A) Their requirements will be on the status in which they accepted same. That this may be changed will depend upon [257]'s approach to Reid and Reid's association and conference with [257]'s other associates in the matter.
11. (Q) Should [257] set a flat price for the figure he wants? (A) That should be set.
12. (Q) Will you suggest the amount? (A) Seven hundred and fifty thousand dollars!
13. (Q) What date is best for [257] to go to St. Louis? (A) On and about the same date as was first given; in April. But this would depend, to be sure, upon the associates.
14. (Q) If Reid asks me to come next week, is that satisfactory? (A) Better in April, but if he insists and the other associates can make their own arrangements for same then consider it.
15. (Q) Will Mr. Orr be in St. Louis during the next six weeks? (A) During the next six weeks? Yes.
16. (Q) Will [257] be able to sell Wilson & Co., the meat packers, the business for twelve million dollars? (A) For eleven million dollars.
17. (Q) Is there any other advice to warn [257] upon his approach? (A) These are the conditions as we see them.
18. (Q) In reference the Carolina Wood Products, would Thompson and Beck be a better combination? (A) We would not mix Thompson and Beck; for their antagonisms one to another, their policies, their manners of approach are so entirely different that these would not last a great while. Either the one or the other, and as we see when we consider all (these are in opposition from what has been given before, understand), there are changes in the attitudes to Thompson's associates, more than Thompson, see; for they see an opportunity of taking advantage of a situation, while Beck's attitude is changed to where there is an opportunity for the advancement and to set self in a business that has been the desire of the body's activities for some time. And there have simply been those experiences in the activities of the body that have convinced him that he is willing to do all he can; not that he CAN the whole way necessary.
19. (Q) Would Ralph Jonas and Beck be a good association? (A) That's a better combination.
20. (Q) Would Ralph Jonas give [257] a better deal than Thompson? (A) A better deal.
21. (Q) When should [257] ask Beck to come to N.Y.? to meet Jonas?
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(A) That would depend upon the associations as may be outlined by [257] as respecting Beck; and would depend upon Jonas, and the whole situation respecting the operations as may be outlined by [257]. This has been given before that it would be through these things, see?
22. (Q) How much time should [257] give Thompson to work the deal out? (A) Not over four to six weeks.
23. (Q) Would that jeopardize my taking business from General Electric this season? (A) Not the whole, but part of same, to be sure.
24. (Q) Will [257] be successful with Morgantown Furniture Co., Morgantown, N.C., building part of the cabinets for [257] this season? (A) Yes, these would be satisfactory.
25. (Q) Would [257] be able to have continued fair treatment from Morgantown? (A) Provided the provisions are set right in the beginning that there are to be the proper considerations; and that means that the Morgantown organization realizes not only from word but by the manner of the contract that [257] is to be considered in the deal with the General Motors and without him they have no business.
26. (Q) When should that be approached, the contract? (A) When the order is considered being given for same.
27. (Q) What is necessary for [257] to do - (A) (Interrupting) It's necessary that for the orders for the General Electric these be considered almost immediately or within the next ten days or two weeks.
28. (Q) What should [257] do to merit the full confidence of Mr. E. E. Dunning? (A) Just do right!
29. (Q) What is his present opinion of [257]? (A) Well, that would be telling - but it isn't bad!
30. (Q) In reference Isaac Lande, [257]'s lawyer, who is ill at the Mt. Sinai Hospital, N.Y., 100th St. & 5th Ave., Room 23, what can [257] do now to in some way protect the obligation of $40,000 that Lande had protected him? (A) Protect same through the insurance that Lande holds.
31. (Q) I have been told that Lande allowed the policy to lapse. (A) It hasn't yet. It has a grace on it.
32. (Q) How long before Lande will leave the hospital? (A) Ten days to two weeks.
33. (Q) Is there any other advice for [257] at the present time? (A) Keep in that way of ever being constructive in thine associations with thy fellow man. This does not mean in the passive way of trusting beyond that of equity and justice
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for self and those dependent upon same. But as ye would be done by, so do; but requiring of others that they require of you.
34. We are through for the present. Copy to Self " " Ass'n file