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PART IX.
office ; what is it I can do for you ? " Well, ' ' I said, Mr. Kennedy, there is not much you can do for me, except to give me your assurance that you are not going to cancel the license of the Greater New York Film Eental Co." And he said, '^Do you realize that you are now in the office of the General Film Co., and I speak now in the capacity as an officer of the General Film Co., and you know that the General Film Co. does not control the issuance nor the canceling of licenses, that that is controlled by the Motion Pic'ture Patents Co., and we can not either issue or cancel a license, nor do we intend to do anything of that kind." I said, If that is how you feel about it, and you say you are not going to take my license away, why, everything is all right, and we are hunky dorum. I will go along." Waters said, Mr. Kenned}^ I had quite a talk with Fox, and I think he understands his position pretty well." And the price that I asked of Waters was discTissed. Mr. Kennedy said that I was awa}^ off on the price.
Mr. Kennedy said, We are not buying exchanges that way ; we are buying them systematically. When we went into the General Film Co. w(^ laid out a schedule of how much we were going to pay every one of these exchanges, and we have religiously lived up to the schcnlule and paid exactly what the schedule called for and as we planned and map])ed it out when we first started out with this concern, and we won't be able to do any more for you, because if