LAWRENCE FERTIG 535 FIFTH AVENUE NEW YORK, N. Y. 10017 July 2, 1968 Dear Lu, Bertha and I were thinking of you yesterday when the heat in New York under the sun was close to 100 deg. We felt happy that you were up in the mountains where the air is fresh and cool and we do hope you are enjoying it up there. Very little news here. I talked to Harry and he is busy completing a very brief miniature paper-back book on the Welfare State. He seems to think it may be a money-maker, but I am not sure. I really wish that Harry could devote himself more to writing books of permanent value. He has such a brilliant mind and simple style that he can make a real contribution in that direction instead of frittering away time on things which have no permanent value. I expect to have the Hazlitts visit us at Sands Point soon and we'll talk about these matters. I enclose a statement which I clipped from some comments on the stock market -- a statement which is really shocking, and I thought you might like to have it for your files. When the Chairman of the Board of TIME magazine talks such nonsense what can we expect of other commentators or the general public? It's been beastly hot here and it continues that way today. It really doesn't affect me and Bertha because our place is so cool and Bertha enjoys swimming in the pool on hot days. But it would be much more comfortable in New York if we got a breeze. That's all for now. Bertha and I send our affectionate greetings. As ever,