FIRST NATIONAL CITY BANK JOHN EXTER 399 PARK AVENUE, NEW YORK 22, N. Y. SENIOR VICE PRESIDENT January 14, 1966 Dr. Ludwig von Mises Graduate School of Business Administration New York University 100 Trinity Place New York, New York Dear Dr. von Mises: I am writing to tell you how truly delighted I was to receive your two books, Human Action and The Theory of Money and Credit, each of them with your autograph. I confess that I have not owned either one so have had to use the copies in our Bank 's Financial Library. It will be a real pleasure to have them at my finger tips. I am most grateful to you and to your seminar for thinking of me, and am especially grateful to Mr. Hodes who made sure that I did not already own the books. I much enjoyed your seminar despite the fact that our prognostications had to be so gloomy. I spent yesterday in Washington and came away with the strong impression that the fundamental problem is still by no means adequately recognized. With warm good wishes to you and your charming lady for the New Year. Sincerely yours, John Exter