Most of the gags are sight gags, but they are very original ideas. This movie is one of the funniest movies I have seen in a long time. Not only are the visuals funny, but the dialogue is funny as well. The answer is, simply, yes. However, Mussburger never receives the letter because Barnes wants to show him his idea.
Barnes looks at it, and turns it upside-down.
The entire scene is very funny and the flashbacks are done very well and timed perfectly. The plot of The Hudsucker Proxy is mainly just a background for the visual sights. But it is a very funny scene, though pretty dark. Because of this tragic accident, the vice president, Mussburger, wants to buy the company when it goes on the market at the beginning of the new year. The only problem is that he, and the other board members, don't have enough money to buy it.