(Q) Will this association (that is with the London
interests, as above,) be made before the plant starts
up, Mr. Cayce?
(A) This is one of the situations deferring action on this.
Some connections of this Company have attempted to intervene
to cause disruptions with these prospective associates, but
as we see it the relationship will be established before
the operations are begun. As this mode of developing alloy
is carried forward, you see, we will have the successful
development with some of the London forces, and it will be
much better for them and better for Pres. Bassett. Yes, it
will be a success.
(Q) Will nickel, by this process, be a great good to the
economic world, Mr. Cayce?
(A) Yes. It will gradually develop and lead to this.
We have the right basis and the right principles working
together, and we will have a great process worked out.
(Q) Will Mr. G. P. Bassett meet with lasting success on
April 26th, 1921, Mr. Cayce?
(A) Yes, as we have given here. His success will be
partly in overcoming the designs of others in the mode and
development of this alloy; and where some have attempted,
through some underhand channels, to possess themselves of
some of the papers which carry the analysis and plans; but
they will not be able to use them against the ones that have
developed the process. It will be a lasting success, because
great good is to come from many of the relationships that
will come from these associations and from the products
that will be put out.
(Q) Are these men, (the names of whom were given
individually) the proper ones to be associated with
this Company, Mr. Cayce?
(A) Some of these will not be associated. There is some
division; some pro and some con; some for and against. The
connections that will be made through Lloyd will be the ones
to be associated with, Mr. G. P. Bassett. You need not have
any worry on account of these conditions; it is of course a
form of worry but will right itself at the proper time.
(Q) Are there any other details, Mr. Cayce?
(A) No, these are the lines along which it will develop.
The relationships that exist at present in the Company will
be changed, and others will be brought in. Just a little
later they will overcome this resistance that has presented
itself to the President, that is, Mr. Bassett.
(Q) Will all this be settled by June 1st, Mr. Cayce?
(A) This will be just at the beginning of the operations.
The settlement of the entire question will be more gradual;
it will not be settled then, but will be settling; and
as time goes on the Company will go on as outlined by
the President and the Doctor.
(Q) Will Webster and Lyons get out of the N.A. Co., Mr.
Cayce?
(A) Yes, as we have given above, you see. They will
be gradually removed from their resistive positions and
gradually be relieved of their holdings, or their holdings
will be taken over. That is why we will not have a full
settlement before June 1st. They will eventually be entirely
out of the Company, with only small holding that will come
through other ways.
(Q) Will Mr. Basett and his family continue to live in
Pittsburg, Mr. Cayce.
(A) For the present, yes, although later there will be some
discussion as to their removing their residence, and perhaps
after thought it might be best to do so.
REPORTS
5/13/23 EC gave
4945-2 on Affairs of Penn-Tenn Fuel Corp.
Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation