June 26 Thursday – Frederick J. Hall wrote to Sam:

Your favor received. I returned to the office only this morning. I will have Mr. Brokaw make up a statement of what is due you at once…./ With reference to what we can pay you in July: I do not see how we can pay you anything now. As you know, the money we have made off our other books has been absorbed by the “Library.” [Hall estimated $70,000 in capital had been “absorbed” by the LAL since they began it] [MTP].