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[1931]

Dec. 16-

245 East 37 Street

Dearest Beatrice

Aunt Esther arrived and she is looking very well. She has brought you some very charming gifts. Small ones but good taste. She is going to stay until after Xmas. I have just received a letter from Jefferson. He tells me he hasn't seen you for weeks. It seems too bad you couldn't see him more often, as I did look forward to your helping him as much as possible. I mean morally.

My affairs are growing worse every day, and it is going to be impossible to send you allowance. I enclosed a notice from the bank to Jefferson showing where they are calling for more collateral and as my collateral has depreciated so