I think Mrs [McCormick?] is quite right in her estimate but doesn't quite consider that the Nat. Bd. had been used to Mrs Belmont's money and had advanced their standard.
I am writing for the campaign like a house afire. I [page 2] do wish that you were here!
I hope you & Miss Abbott are planning for a little time at Lakeside.
Always devotedly yours
Aug 31" 1912