Columbia University
in the City of New York

DEPARTMENT OF PHILOSOPHY

October 31, 1934

Mr. E. Pound,
Via Marsala, 12/5
Rapallo, Italy.

My dear Mr. Pound:-

In reply to your recent communication, I would say that I agree with your statements 1, 2, 7 and 8. My agreement with 8 is fundamental, as I think it states the underlying premise of the whole matter. My statement of agreement with these points does not mean that I disagree with points 3 to 6 inclusive, but that I should need further information regarding your implications before I could state positively my attitude with reference to them. I should be prepared now to express my agreement with point 6, provided there were some rather basic changes made in our present economic situation outside the matter of currency and finance.