130R. F. B. Bourdillon
19 January 1927
proposes that a small research group be formed, working on a definite
programme and producing a paper or papers.
 The subject would focus on "International Cartels"
and "Industrial combinations". To open the first four discussions,
Bourdillon suggests organizing monthly meeting in the following four
to six months, inviting as opener of the discussions Keynes, Sir
William Larke (who would talk on the International Steel Agreement),
an American speaker, and Hodges or Thomas or Pugh on the Labour point
of view. 
- 1. The scarce
participation in the last meeting (see letter
124 R) suggests that interest was fading out. This seems to be
Bourdillon first step in an attempt to re-launch the activities of
the group. Harrod seems to have agreed on this
plan, as Bourdillon proceeded to invite Keynes (a copy of his
letter to Keynes of 21 January is filed in HP V-114) and Larke.
Larke accepted (Bourdillon to Harrod, 25 January 1927, in HP
V-114), Keynes declined (see letter
136 R). The suggested speakers to expound the Labour point of
view are Frank Hodges (1887-1947), general secretary of the
Miners' Federation (1918-24) and secretary of the International
Miners's Federation (1925-27), the railwaymen's leader and Member
of Parliament J. H. Thomas, and Arthur Pugh, secretary of the Iron
and Steel Trades Confederation.
- a. One
page TLS, from The Royal Institute of International Affairs,
Chatham House, London # , in HP V-114.
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