Transcription:
J. M. 2. He is coining money at the lecture business - sometimes giving two lectures a day, and will soon be able to retire
to a California ranch, having busted up all the leading magazines meantime. Are you not coming East this summer? If so, I
hope I shall be here when you come. Mr. Gilder is not expected back until the first of July. Yours faithfully, R. U. Johnson
Associate Editor.