absurd."—J. O. Williams, original correspondence 1945 Back in Britain on the one hand, the British treasury was trying to ensure that the UK taxpayer would not have to bear any loss incurred by the company if it went into liquidation. On the other hand, it also wanted to make absolutely certain the government were not going to be liable for any claim made by Williams for special compensation. Therefore, wanting to appear generous in public, within the modified terms of their final settlement, they offered to waive the interest on their loan from 30 June 1940 – 20 November 1945. The export of timber from Labrador would be free of all tax from 1946 to 1955 inclusive and then subject to an export tax of 0.25 cents per cord (0.07-cent/m3) from 1956 to 1966. Royalties on cutting were not payable and Williams was offered a fresh timber contract in 1946, which he accepted. The treasury had been consistent over the years in its unwillingness to allocate Williams any more money because of his unreliability. Nevertheless, Williams was still granted a further $100,000 loan on 15 October 1946 that included excellent terms by the British government for his last timber contract – despite the fact that about half of the final contract of wood was left behind. "...about the Labrador Development Company's contract with the Ministry of Supply to ship timbers to this country...Eales indicated that he expected production to be nearer the minimum figure of 8,000 fathoms than the maximum of 12,000; but it appears to have fallen much short of that. We seem to have been badly bamboozled."—Chadwick J. 20 January 1947 By the time the contract was completed Williams had definitely made up his mind not to continue with business in Newfoundland and Labrador any longer. Despite the very generous terms he was still claiming that the evidence entitled him to a fair settlement and he had been thinking about progressing into the fishing business in the area. He was very confident that the old Labrador crowd were ready to go back to work for him. However, in a press interview on 24 December 1945, he was quoted as saying that 165 men were logging at Port Hope Simpson, Newfoundland and Labrador but that 572 men who had been sent there in November had refused to work and had to be brought back and 20 more had demanded