From Leon Keyserling (Oldest son), 1932

From NY/Columbia University; he has accepted the fellowship teaching at Columbia and provides details of what it entails; suggests activities for his parent's 25th wedding anniversary; assures his father that Beth is happy and doing well financially (despite William's suspicions); weighs in on Rosalyn's plan to work in New York as a medical technician and Herbert's failure to gain admission to Annapolis; discusses his financial status and future job opportunities with Columbia vs. other career alternatives; re. his mother's poor health and hard times for his father's businesses; his thoughts on wealth; discussion of a law essay he wrote and possible opportunities in Washington, DC with Rex Tugwell; gives his father legal and financial advice re. selling parts of his business; renewal of his grant from the Rockefeller foundation to continue teaching economics at Columbia; re. report on feasibility of an Institute of Economic Research at Columbia; commentary on the 1932 presidential election; clarification (for his father) of the various projects he worked on; mentions publication of a book of his essays; updates on his sisters (who are both in NY).