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                                         July 31, 1940
 
Dear Henry:-
 
      I did not realize that there are only 92 acres in 
the Jacobs farm. I supposed there were about 150 acres. 
It seems to me that $7,000 - $75.00 an acre - is a good 
deal too high for that farm, especially because the land 
on the east side of the road on the hill is just about as 
bad as any land in the County. 
 
      If the place is sold at auction, I would be willing 
to go up to $5,000, but I think that would be enough to 
pay.
 
                     As ever yours,
                    Franklin Roosevelt 
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