[Letter] Oct.4,1887,Smith College [to F.H. Giddings]

Oct. 4, 1887, Smith College.

Dear Mr. Giddings,
        I have not Dr. Seligman's
letter yet, but will forward
it to you when it comes.
I attend [AM?] Board meeting
tomorrow and will try to
see you for a few minutes.
I wonder whether some
branches of the paper
industry may not show an
approximation to the
no-net-profit condition?
General statistics mix different
industries and disguise the
effects of the law.

               Yours Very Truly,
                     J. B. Clark