The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-17
ACTIVITY OF
MAY r u. S. ACTION

u. =. ION
as provided in the contract, /. e.. or
September l. 1915"
The Bridgeport frojectile Company
also was to contract for the entire out
put of the Aetna Powder Company, OF
which A. J.. Moxham, an Englishman. is
the president. The p~rojectile company
desired the output of the Aetna Powder
Company from December 3 next.
Furthermore, the projectile plant had re-
ceived offers OF anthony during May at
Prices ranging from 80 to 36Ia cents Il
pound.
\ contrart was made between the
Bridgeport Projectile Company n Mr..
Schmidt through Mr.. Heynan, the COM
pany being named as "A" and Mr..
Schmidt as "B." In that contract the
projectile company agreed not only to
turn all its output over to Mr.. Heynan
but also to make other purchases of war
supplies for Mr.. Heynan.
Under date of May IL. 1915. "A" ad-
vised "B" that 534 hydraulic presse. nee
essary for the manufacture of shells of
calibre 2.95 to IS had been contracted
for at a cost OF s4l7.j50. Differences are
made in the contrac; that indicate the
desire of both parties to prevent the
identity of the persons in actual control
of the company and the buyer from be-
coming known.
a72O.OOO Advance Promised.
Figures given in the contract show
that all the presses needed for the man.
ufacture OF munitions will cost S7i7.-
225 "a. while the agreement promises
that 100000 shall be provided to the
projectile company.
In explanation of the elaborate report
made regarding the plans of the pro-
Jectile company to carry out its con-
tract with Fer- --Su!il, 81. Heyauh
says:
From all of the above details 1t
is seen that "A" bridgeport Pro-
Jectile Company is in spirit fully
complying with the provisions of Ar
ticle Ill, and. in order to avoid any
possibility OF later legal complica-
TONS in case that b (Herr Schmidt)
should ever reassign the agreement
(Which is his privilege as per Ar
ticle Wild to some party not ac-
quainted with the creation and de-
Velopment Of the b. Il. Co., he is
most anxious To receive from 'B'
a written acknowledgements thereof,
ana consistently recommend that
such be done.
'iiht No toWdTu the END
or the contract is this:
There exists no doubt as TO the eff
cheney and splendid results as regards
the purposes for which the b.. +. Conn
pany was created. BY the purchase of
all the powder available in the United
states up to January /. 1916, all the
prospective contractors for complete
shrapnel rounds who applied to Aetna
ior powder and were advised by them
1hnf Ia ID
concern that had powder to furnish
tine only other manufacturers-the du
Pont Company-having all their out.
put contracted far into 1870 have APP
pied to the X. +. Company for bids on
complete shrapnel rounds, and such re-
quests have come from representatives
of all the allied nations.
A statement contained In the memo
randum between the projectile
and Herr Schmid indicates that the
Russian and English Governments not
aware of the actual ontro of the pro-
1ectile output by Germany, had made Of
fers to secure it and agreed to submit
bona hde proposals in the next few DAYS.
TieuD Arranged For.
In the contract Mr.. Heynan gives the
assurance that when such proposals are
received from the Russian and English
Governments a council OF war will
have to be held with "B" (Herr
Schmidt) for the purpose of discuss.
ing the possible ACCESSIBILITY of accept.
ing orders from these sources-wIthout
indemnity clause in case of non-ful.
flment."
Mr.. Heynan also gives assurance In
the same memorandum thai the concern
has succeeded in tying up" the pro.
l,aNta, 90 n., - a.