WILLIAM VOLKER FUND Post Office BOX 113, Burlingame, , California August 23, 1962 Mr. Toshio Murata 5,042 Fujisawa Fujisawa-shi, Japan Dear Mr. Murata: Pursuant to your request of August 13 addressed to Mr. Bierly, this letter will give you formal pera mission from the Fund as holder of the copyright on Mises' Ultimate Foundation of Economic Thought to proceed with the translation of this volume and its publication in Japanese. In this connection there will be no obligation of any kind involved so far as the William volker Fund is concerned. A copy of the book in Japanese at such time as it is published, for our files, would be appreciated. Inasmuch as the Fund has worked rather closely with Dr. Ludwig von Mises for many years, as you know, it seems appropriate that you should also write to Dr. Mises to obtain his specific permission for translation and publication in Japanese before proceeding formally with your plans. We are very pleased at your continued interest and wish you all success. very truly yours, (Signed) H. W. Luhnow President WWL:ms