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The Twentieth Century Fund 330 West Forty-Second Street New York City Trustees A.A. Berle, Jr. Francis Biddle Bruce Bliven Percy S. Brown Henry S. Dennison John H. Fahey Robert H. Jackson Oswald W. Knauth Morris E. Leeds Robert S. Lynd James G. McDonald Charles P. Taft Harrison Tweed William Allen White John H. Fahey President Evans Clark Executive Director Percy S. Brown Treasurer J. Frederic Dewhurst Economist April 15, 1940 Miss Katherine Schmidt An American Group, Inc. 19 West 12th Street New York, New York Dear Miss Schmidt, I am finally able to transmit to you a memorandum, in very tentative form, outlining the possible scope of the investigation of the economic position of the graphic arts in the United States. As you can see, I am quite vague on some points and at other points I have indicated the desirability of additional information if it is available. Furthermore, I am a little confused in my own mind as to just what limits to set to the investigation. If one views the graphic arts as an "industry," like other industries, it consists of the group of producers at at one end the dealers, galleries, etc. involved in the "marketing process" in the middle, and the buyers and consumers at the other end, i.e., the museum and other institutional buyers and the relatively few individuals who buy original works of art. It would seem that any investigation of the subject would have to cover all three parts of the industry. (But what should one say of such insulary activities as the operations as the operation of art schools, the W.P.A., and perhaps the reproduction of works of art, I.E., prints, etc.) Another question is the extent to which the survey should be concentrated on the artists themselves, and how much the other parts of the "industry" should be subordinated. It is important to think through the