HARPER & BROTHERS AAM INAAIA EXO NTEE DIA ANEOTIIN PUBLISHERS NEW YORK AND LONDON MADIE ESTABL!SHED 1817 49 EAST 33D STREET, NEW YORK, N.Y. December 10, 1942 Dr. Ludwig von Mises 777 West End Avenue New York City Dear Dr. von Mises: I appreciate your having submitted your manuscript, and I am sure that it ought to be published and that you will find a publisher interested to take it on. I have to confess, however, that we here have reser- vations about the desirability of bringing out more books that center on this theme. We may be overly cautious, but our sense is that there is a point beyond which any substantial sale for books on this total theme cannot be absorbed by the American pub- lic. It is for this reason that we are responding in the negative. I am holding the manuscript to be called for. I can assure you we appreciate your giving us the opportunity to consider it. Cordially Ordway Tead yours, Editor, Economic Books OT:bb