Plenty to do to get ready to receive funds for deposit. I have enough to deposit for 3 months only. That should be long enough and by that time there will be little or no chance to make cash purchases. Would like to have some to turn over to camp. Agreed to pay Jim Hendryx P60 for repairs to shanty. M. Q. [President Manuel Quezon] is reported dead. Warsaw taken and progress in south? KLIM up to P500 “MM” a pound, all prices more fantastic than ever. One man sold his meal ticket for P450.
Fay Cook Bailey
American banker with the National City Bank of New York; interned in Santo Tomas with his family.
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