[Letter] June 9,1892,Smith College [to F.H. Giddings]

June 9, 1892, Smith College.

Dear Friend,
       I send this to
Bryn Mawr, as I have
not your Chicago address.
Much success and
pleasure may you have in
Chicago. When do you
come to New England?
We want a visit, and that
as early and as long a
visit as we can have
from you and your
family.
You remember we had
a talk when you were
last here about certain
difficulties that you
and Professor Seligman
had found in my theory
of distribution. I was
to write an abstract
of what I said in reply
to them and send it
to you. I meant to
have done it long
before this. Now college
work is about closing
and I can do it with
ease and with advantage
to myself. This morning
I tried to recall the
points, and hit on only
two out of three. One
was that the "final"
man in a laboring
force is the only one whose
product is secured without
aid from Capital. The
others are not plundered
because all that is taken
by the capitalist is what is
due to his aid.
 Another point was that
as actual society is dynamic[,]
static laws are seen in
action only in a
condition of balanced
dynamic movements.
The static part of the
treatise needs to be followed
by a dynamic part in
which elements increase
with a certain balanced
rate of growth, so as to
retain a quasi-static
relation to each other.
What was the third point?
You will do me quite a
favor if you can tell me.
I shall hit on it in time,
but at this moment I
cannot.

      Yours Very Truly,
           J. B. Clark

One of my graduates, Miss Frances wants to
study with you, if she can next year.