Lett@ r.s

NON FAN LETTER

The lollowing letter was oiginally sent to President Ni,xon. The Carlou Compny is a manufacturer and, jobber ol d,oors -Edinr. President Richard M. Nixon

The White House Washington 25, D.C.

My dear Mr. President: If you really mean what you say about there being a crisis in the home construction industry, a need for lower interest rates for home buyers and an actual desire- that construction increase, you need NOT WAIT for Dr. Burns, The Federal Reserve Board, David Kennedy, or anybody else. You give the appearance on TV, etc. that you are being told what to do and that your hands are tied. There is even a cliche in our industry among distressed businessmen that 'I told you not to vote for Nixon!"

All you need to do is "sug- gest" to the Congress that the government will not only have the FHA guaranty home loans, but will also make direct loans to qualified citizens at low interest rates.

This has a precedent. You will