Staggers clarifies that he never intended to monopolize the Korean trade and denied this when it was stated in a Washington, DC newspaper.

Staggers clarifies his contacts with Ambassador You Chang Yang.

J. W. Staggers reports that they opened negotiations with the Grafe-Callahan Construction Company for increased output of tungsten.

Staggers explains the history of the Grafe Company bid for the tungsten operaton.

Regarding false reports about himself, J. W. Staggers is relieved by Rhee's response to his letter. He attaches four memoranda explaining further.

Staggers cannot make a trip to Korea with Jay.

Staggers reports that the litigation of the Korean American Export-Import, Inc./American World Trade Export Import, Inc. has been settled out of court without reference to Korea or Col. Goodfellow.

Staggers recommends a proposal submitted by Claude T. Lindsay, Inc. of California.

John W. Staggers thanked Mr. and Mrs. Syngman Rhee for her Christmant present, and informed Syngman Rhee about his meeting with General Van Fleet.

John W. Staggers informs Syngman Rhee about his public perception in the American media.