5. Rue Pierre-Bertin 78000 Versailles 951 30-75 2-II-77 Dear Edmund, It was so good of you to have sent me your letter of Jan.12. I appreciate very much that you have taken care to inform me about this impressive merger which I read in a short paper in the British weekly The Economist. I am very happy to hear that you, as Chairman and Chief Executive will go on managing the Firm and I wish every successes to you. It was very wise of you to have built up, around you, a group of capable men. . .