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        the Rogers (52 acres) and Wheeler (67 acres) parcels to the
        rear of the Historic Site on the west side of the Post
        Road. They would insist on a right-of-way of a least fifty
        feet to the Post Road. They place a valuation of $6,500 on
        the Rogers lot and $3,500 on the Wheeler tract, with a
        fifty foot right-of-way.
 
    (f) If restrictions on use requested by Secretary of the
        Interior Krug were placed on the property they would not be
        interested in purchasing it. Mr. Mylod stated that, in his
        opinion, the land would not be worth more than $10,000 with
        the Department of the Interior restrictions.
 
2. Frederic A. Smith Offer dated March 31, 1947.
 
   Mr. Hackett submitted a letter dated March 31, 1947
addressed to "Members of the Roosevelt Family and Executors
of the Roosevelt Estate" signed by Frederic A. Smith on
behalf of a group consisting of Ferderic A. Smith, Benson
R. Frost, Charles Conger, Arthur S. Halpin, Joseph Heisler
and James Talbot with respect to the possibility of
purchasing a parcel of land on the west side of the Albany
Post Road facing the Franklin D. Roosevelt Library and
Historic Site for the purpose of providing restaurant and
hotel facilities for visitors to the Historic Site. No
price is stated in the letter but the Executors are
requested to place a price upon the Site comprising the
area opposite the Library. It is stated in the letter that
the group comprises men of moderate means who have faith in
their project and if it is favorably recieved will proceed
to incorporate and make the financial arrangements
necessary.
 
3. Mary Newbold Morgan Offer dated March 28, 1947.
 
   Mr. Hackett also submitted a letter dated March 28, 1947
addressed to him by Mary Newbold Morgan offering to
purchase the Rogers tract to the rear of the Historic Site
consisting of 52.64 acres of unimproved land for the sum of
$2500 for the purpose of extending her
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