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- / f u >7 ^ J saJLM4L t tlhsi^^AJ^ /3-JLA^vìAJ -—i^vO r f Unv} ¿è & iJh ylfiv XIJLXJC^^m / ? / / to Uü^Lt ft-csr » ^ i i L i . - J ^ y ^ n l ^ J L j , ^ h ^ ^ u j Ú do* March 9, 1945- Mr. Paul jrU.oyho.us, Lam«r, ^olora-do. Dear Mr. Ployhaus: This i s t o acKnowiedge your l e t t e r of March 5 in regard t o r i s i n g p r i c e s of farm land. In speaking of t h i s and suggesting a s p e c i a l wartime c a p i t a l gains tax when questioned on t h i s suoject oy members of a benate committee the other day, I was using f i g u r e s f o r the country generally. I understand that there are exceptions t o the general rule and your community appears t o be one of them, though f o r what reason 1 am at a l o s s t o understand in view of what you say. I f you are successful in s e l l i n g trie estate t o which you r e f e r , i t would not of course be a f f e c t e d by my suggestion in regard to the c a p i t a l gains t a x . I t occurred t o me you might care t o see the enclosed statement which I gave out t o explain the reasons why I favor t h i s expedient as a p r o t e c t i v e measure a gainst i n f l a t i o n a r y f o r c e s . Sincerely yours, . Jb. k c c l e s , Chairman. Enclosure tteoetvedin ET:b mu 8 1345 ec