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A u g u s t 20

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Dr Ilai-ry G, Joïmson,
Ki'n«ï'*s College»

Dear Dr Johnson,
You are r i g h t i n thinkiïig t h a t i n
recent work I took the was© l e v e l a s a Oatyja sino©
a t the E.-resent time i n the Ketlierlands i t i s inore or l e s s
an instrument of eoonanlc polioy «feed by th« government. In previous work, however, I t r i e d t o oonsider
wages a s a v a r i a b l e i n thé systeift, aiid f o r Drevity ^ake
I inay r e f e r t o my pu-blications on "BusinssB Gyclea i n
the united States'(League of irationa, 1939) emti "Basinesa
Cycles i n t h e united laxig'lom'' ( .imstetH2ajai,19Hi, Aoadesay
of S c i e n c e s ) . Gf a l s o "An Seonometrie Appx-oach to Busineaa
Cycles ProbleiTis" %feicli clesla with Holland; I thiii^ I
quote i n one of these tnre© p u b l i c a t i o n s some e a r l i e r
i n v e s t i g a t i o n s on wage fo2^iation Fumishad i n the TAitoh
p e r i o d i c a l "De KederlandaoUe Oonjunctuur" 1933. Xf anything
would remain dark a f t e r t h i s , iJlease» l e t rae Imow.
I t was p l e a s a n t t o hear froa ;yx>u and I
am looking forward to your r e s u l t s .
Wit heat personal r e g a r d s ,
youi'S very s i n c e r e l y .

( J , ïinoergen)

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