A letter written to Rupert H. Johnson, New York City, New York, from T. N. Carswell, Sec.-Mgr. [Abilene Chamber of Commerce], dated June 22, 1938. Carswell restates to Johnson, as per their telephone conversation, that he is enclosing a condensed financial statement of Abilene and, also, a newspaper account of a meeting the night before. Carswell advises of the approximate bond valuations, the option of a utilities rate increase and his assurance that if Johnson decides not to try for the refunding proposition that he will be glad to pay for his counsel and advice.

A letter written to Mr. T. N. Carswell, Secretary, Abilene Chamber of Commerce, Abilene, Texas, from Rupert H. Johnson & Co., New York, dated June 17, 1938. Johnson replies to the letter from Carswell of June 15th and promotes his company's experience in arranging refunding programs for cities and towns. He addresses an answer for Abilene's bond issue under the assumption that the City of Abilene is able to pay interest on its debt then cites examples of other cities and the manner in which their bond issues were handled.

A letter written to Mr. T. N. Carswell, Sec.-Mgr., Abilene Chamber of Commerce, Abilene, Texas, from Rupert H. Johnson, R. H. Johnson & Co., New York, dated June 25, 1938. Johnson acknowledges his receipt of the letter from Carswell and advises that the problem which the City of Abilene faces seems to him to be two-fold and proceeds to discuss the two problems suggesting possible solutions by citing the experiences of other cities. He advises of an enclosed clipping regarding the financing of Pittston, Pennsylvania. The reverse side of the last page of this letter includes calculations handwritten by T. N. Carswell. Typewritten on R. H. Johnson & Co. letterhead bearing OLD CHESTER BOND watermark; subsequent pages bear ETON BOND watermark.

A letter written to Mildred Moody, Austin, Texas from T. N. Carswell, dated June 24, 1938. Carswell advises that he is leaving the Chamber of Commerce and is sending files of her work while she was at the Chamber and requests her thoughts on how to dispose of funds collected while he was President of the Alumni Association for a Memorial Building. He advises that he suggested to Truett [E. T. Compere] that they might ask Prexy [J. D. Sandefer].

An essay titled "The Road Ahead," by Henry Morgenthau, Jr., Secretary of the Treasury dated June 16, 1938. "―to be delivered at the Commencement Exercises of Temple University, Philadelphia, Pa., June 16, 1938―"

A letter written to Ray Carswell, International Harvester Company, Jacksonville, Florida, from T. N. Carswell, dated June 20, 1938. Carswell expresses his appreciation for the card hoping Ray Carswell's visit was pleasant then describes his own trip to Virginia to where he carried Mother and Peggy Anne to spend the summer.