Erlanger to P.L.G. : need to decide on a president, is going to take a more active part in this than he had hitherto planned; although in favour of Selborne, sees that it would not be successful, nor would another outsider; Maguire is the most senior and would take the chair if the board was unanimous; is now sounding other directors' feelings; if Maguire not acceptable, then Birchenough is the best man. [With transcript copy.] 1918 Jan 3