4 - 
rna'le in the field, but the Uavy certainly has kept its grip on 
the enemy. I think they have the right i ea of Germany's propo¬ 
sition and are right in fighting the thing out to a finish, and 
nothing which they would get now would last any lengfch of time. 
Eut the poor people, where do they come in? Just think of the burden 
of taxes which they will have to carry. It looks like bankruptcy 
for b<th sides. What do you think? 
I hope things have gone well with you, and the prospects 
are good for a year of health and prosperity. Mrs. Putnam joins 
me in best wishes to you and yours. 
Very sincerely yours, 
