Cleveland: 1903. unbound. Typed letter to his daughters with a two-page handwritten continuation and signature. The letter concerns the rents his family has been charging tenants, in part: "...I am sorry we have to reduce rents but the only way to get along in this world is to adjust ourselves to the conditions as they are forced upon us. If a merchant holds up to high prices when everybody around him is making low prices he will soon be left without a business, and he will probably never get it back because the impression that he is a high-priced man will get into the peoples' minds and even if he reduced them afterwards he could not remove the impression..." Three pages total, 11 x 8.25 inches, with a handwritten envelope, The McClean Arms and Ordnance Co., Cleveland, December 22, 1903. Very good(+) condition.