FPG's Letters to A. L. Phelps




142. 1930:
Ottawa, Ont.    April 23, 1930


My dear A.L.P.,

I notice that I have not, so far, said anything to you with regard to the advice you ask for. Now

(1) Living as we do in the city now, I can well understand your financial difficulties. But, you see, you are acquiring a house on a small salary. It's only natural. When that is paid for, things will ease up.

(2) I should not hesitate a moment about going to England on $200 a month in addition to fares. Unless you are bound to stop at first-class hotels, I should think the provision sufficient, if not ample.

(3) As for myself, we are laying by money fairly fast; it is done. We have simply made a budget and adhere to it; and our expenditure is only a fraction of my income. Gr. pays me $3600; the other 3 companies somewhat less; but two salaries are never touched (Gr. among them). I figure that, unless every day I work gives me 6 days of leisure later on, I am wasting my time.

As for the publishing houses:
[Graphic to be entered later]

Well, bye-bye,
P.