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Nile Kinnick correspondence, December 1942-March 1943
1942-12-07: Page 01
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Monday Dec. 7, 1942 Dear Gus, Again today an heavy fog has suspended the flight schedule. I take the opportunity to write you of a matter that has been much on mind since coming back from leave. I hope you will give earnest consideration to what I am going to say. Despite the grim uncertainty of the future I never cease to think of what I am going to do after the war. As you know I have quite a little bit of money lying idle in my savings accounts. That money should be invested and put to work for me. More than anything else I should like to acquire some farm land. Roughly, this is what I would like to do. Take $2000 and buy 40 acres anywhere in Iowa that indicated a likely investment, and give a mortgage for the rest. Rent the land to a neighboring farmer and use each year's income to pay off the remaining debt. Through re-sale or favorable barter I should want to increase my investment until ultimately I could buy a farm of sizeable acreage. I do not expect the doing to be as easy as the writing, but it is a reasonable plan and you know it. The more of my money I can get into decent investment now, the better off I shall be in the long-run. Should I get married before getting this money into something I'm apt to spend it for immediate luxury. If I have it where I can't easily get at it I shall be willing
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Monday Dec. 7, 1942 Dear Gus, Again today an heavy fog has suspended the flight schedule. I take the opportunity to write you of a matter that has been much on mind since coming back from leave. I hope you will give earnest consideration to what I am going to say. Despite the grim uncertainty of the future I never cease to think of what I am going to do after the war. As you know I have quite a little bit of money lying idle in my savings accounts. That money should be invested and put to work for me. More than anything else I should like to acquire some farm land. Roughly, this is what I would like to do. Take $2000 and buy 40 acres anywhere in Iowa that indicated a likely investment, and give a mortgage for the rest. Rent the land to a neighboring farmer and use each year's income to pay off the remaining debt. Through re-sale or favorable barter I should want to increase my investment until ultimately I could buy a farm of sizeable acreage. I do not expect the doing to be as easy as the writing, but it is a reasonable plan and you know it. The more of my money I can get into decent investment now, the better off I shall be in the long-run. Should I get married before getting this money into something I'm apt to spend it for immediate luxury. If I have it where I can't easily get at it I shall be willing
Nile Kinnick Collection
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