4/17/30 EC's ltr. to [
1734]:
Mr. [
1734]
New York City
My dear Mr. [
1734]:
Replying to yours of the 11th, I am sure - from my very
meagre description when I first wrote you - you must have
felt that I was very little of a business man, though I was
asking for something on a business basis - but I felt sure
that it was a real opportunity that had been offered me that
day, and acting on the spur of the moment, hoping to be able
to handle it SOME way in time to gain possession of the
property, I wrote you as I did.
Now, the plot is one just north of the property owned by the
Association, and is at 107th Street, while the property owned
by the Association is from 105th, across 106th and half of
the block facing or adjoining that as has been offered.
[
12/18/63 GD's note: Now 69th and 67th Streets
respectively.] The price, as I said, is $3,000 for five
lots of 150 feet by 50 feet, or a plot 150 by 250, which has
been divided into the five lots and so laid out on the deed
books. This is, of course, lots close to where the
university will be built. As I said, it will be a
considerable question of housing people that would be
associated with the university. My idea was to gain
possession of the land, if possible - for I've never owned
any myself - for myself and my family, and as soon as I
could make the arrangements to erect a house on one of the
lots, or more of them if possible, and RENT same TO those
that would either be coming to the hospital or be coming to
the university, as the professors or someone wish ing to
take advantage of the opportunities offered at the
university, and in this hoped to be able, and would be
willing, to pay so much each month, provided I could make
this in such terms that it would enable me, WITH what I
obtained from the rent of the place, to be paying for the
house itself. I had thought that I would be able to erect a
home that would be presentable, and rentable, to such
parties, for about $8,000 or $9,000. This I could do in the
building loan, if I OWNED the land - but if it is ENCUMBERED,
of course I couldn't do that in the building loan - so the
payment I would make back to you, say $50 a month until it
was paid - paying whatever interest reasonable - and with the
rent on the house, it would enable me possibly to be able to
OWN these lots AND the building in a few years. That's my
whole plan. What have you to suggest? I don't think that
it's a wild idea, and possibly I SHOULD have gone to some of
those that I've been associated with, but feeling and knowing
that they are giving very heavily TO the work, I didn't want
to feel like I was burdening them more. I had thought, from
what you had said, that you would possibly be interested -
and IF you were, I was in hopes that you could see your way
clear to assist me at this time.
I want to thank you for your consideration. I appreciate
your interest in my father. I'm glad to say that he is very
much better.
Hoping I may hear from you very soon, before it is too late
to handle this at this figure - for the announcement of the
university has already caused property to be advanced in that
vicinity - and with kindest personal regards to you and
yours, I am
Sincerely, [EC]
EC:GD
4/18/30 EC's ltr. to [
257]:
Mr. [
257]
... Factories, Inc.,
... Ave., New York City
Dear [
257]:
Many thanks for copy of letter from Mr. [
1734]. I think it
would be well for us to consider the matter with him.
Possibly we can take this up at the next time we have a
meeting of the Health Service laboratories. [See [
165]
series] Something must be done with this very soon, too.
Sincerely, [EC]
EC:GD
4/22/30 [
1734]'s ltr. to EC:
Mr. Edgar Cayce,
The Association of national Investigators, Inc.,
Virginia Beach, Va.
Dear Mr. Cayce;
I have just returned from a weekend vacation and found your
letter awaiting me, or I would have answered same before
this.
Now, as for your desire to buy this property, I don't think
you really appreciate just what you are trying to let
yourself in or. If you owned your own house free and
clear, the taxes, insurance, upkeep and repairs and interest
on your investment, would figure not less than 10% of the
cost of your building and land, and a house suitable for
your requirements could not be put up for less then twelve
or fifteen thousand dollars, not counting the cost of the
land; and on this basis your rent would be approximately
fifteen to eighteen hundred yearly. If you have this put up
through a building loan proposition, the amortization will
probably come to another thousand or fifteen hundred yearly,
which, it is my belief, is beyond your means to consider at
present. Insofar as putting up houses for the purpose of
renting to others, would strongly urge that you do not load
yourself with this worry, as it is entirely out of your line
and a very hazardous venture from a financial viewpoint.
When I was last in Virginia, I expressed to you my great
interest in your work and looked forward at that time to
identifying myself more closely with it, but before I can do
this, you will agree with me that I will have to have more
personal proof of its value, and a more thorough knowledge of
its stability, and also to assure myself that I am entirely
in accord with the policies of those who are backing this
movement. Up to the present I have not been able to get much
further than I have been since I left Virginia. I trust that
I will soon be in a position to do so, and if I do identify
myself more closely with this work, it will be with the
understanding that you would be put on a salaried basis of
not less than ten or twelve thousand yearly and then on this
basis, you could afford to build yourself another house where
you so desire and within your means, with the added
satisfaction of not owing any money thereon. Even if it
would be necessary to pay a little bit more for the land
later on, I believe you will agree with me that it would be a
much wiser proposition to wait until you are put on this
self-sustaining basis.
Sincerely yours, [
1734]
4/24/30 EC's ltr. to [
1734]:
Mr. [
1734]
New York City
My dear Mr. [
1734]:
I am just in receipt of yours of the 22nd, and I thank you
very much for writing me as you did. No doubt you are
exactly right in your surmises about the whole matter.
However, I do not OWN the building where I live. My IDEA
was, that the five lots - at the price they were offered, and
with my building a house that would rent for sixty to
seventy-five per month in that location - would so raise the
price of the other lots, that within a short while I would
be able to DISPOSE of the other lots for sufficient amount
to pay for the building and the lots - for I know that it
MUST succeed. Possibly, though, I am not the right type to
delve into such things - but being just a struggling fellow,
naturally it is the desire of everyone, I suppose, to hope to
be able at some time to own a little piece of land, other
than two by six, that he may call his own. However, I
appreciate your counsel.
Now, respecting the work of the Association, I wish that you
would get in touch with Mr. Blumenthal. Eddie or Morton, or
both. Talk over the work, their experience, their
experiences with it, and see just how well the ideas conform
to your ideas - and if it is possible for me to be of help in
any way toward your UNDERSTANDING just what it is all about,
or whether you feel it worth while or not, I'll be more than
glad to try and help. I do not claim ANYTHING for myself. I
do not believe there is anything done that is not possible
for anyone else to do. It may not be done exactly in the
same way and manner, but it is from the same source, and is
from the All Good - or it is nothing at all.
I shall be very glad to hear from you at any time, and if at
any time I may be of service to you and yours, you know I'll
be more than glad to try and do so.
Again thanking you, and with kindest personal regards -
asking to be remembered to Mrs. [
1732] and the rest of the
family - I am
Sincerely, [EC]
EC:GD
4/28/30 EC's ltr. to [
1734]:
Mr. [
1734]
New York City
My dear Mr. [
1734]:
We are in receipt of your of the 24th, with request for the
readings for Mrs. [
1732] and the young lady [
1738]. We
called at your home today on the phone. Mrs. [
1732] was not
in. As you know, it is necessary that we know just where the
body will be when we go to give the reading, if it is to be
successful. We had no call back, nor notification that she
expected it to be made today, so of course it wasn't. The
next time our check physicals are given is next Monday, the
5th. Please let us know if Mrs. [
1732] will be at home
during that morning, so we will know whether she wishes the
reading made at that time or not.
We are entering the one for Miss [
1738] but I will have to
tell you that we are so far behind, we necessarily have to
take them in some sort of form in which the requests are
made, giving the preference - of course - to those who are
present, or those who are in the hospital. We are having to
close the membership on those who expect the readings
immediately, unless they are coming to the hospital - for we
have such a great number that we have not been able to take
care of so far. We feel that, more and more, we will have to
limit the readings to the hospital and the research work, to
do the most good for the most people. I believe that's
correct. What is your opinion?
Hoping to hear from you, and that we may be of service, I am
Sincerely, [EC]
EC:GD
See subsequent
1732-3 and
1738-2.
5/05/30 [Dict. May 3rd] [
257]'s ltr. to EC:
Mr. Edgar Cayce
115 West 35th Street
Virginia Beach, Va.
Dear Judge:
Just a line today to offer my sympathy for the amount of work
that is being piled upon you rapidly. It is very wonderful
to outsiders to be so popular, but the responsibility is
heaped upon your shoulders with so many people constantly
depending upon your efforts in their behalf is only known to
a few of us in the inner circle.
I am having a meeting on Monday with the secretary of the
Foundation at the suggestion of Mr. [
1734] who has requested
that I meet with them and tell them more about the work.
Mr. [
1734] confidentially told me Wednesday night that he
hoped to see you placed on a salary of not less than $12,000
per year which will cover your modest needs until some of our
own deals and plans go through where you will be independent
from everybody.
6/04/30,
6/10/30 Mr. [
1734]'s letters see under Reports on
his son's reading,
1735-1 Reports.
9/10/30 [
1734]'s letter:
The Association of National Investigators, Inc.,
Virginia Beach,
Va.
Gentlemen:
Will you kindly give a check reading as soon as possible on
my daughter, [
1738], and a physical reading on myself, for
which I enclose check.
Very truly yours, [
1734]
Subsequent correspondence in re business interests,
Atomidine, etc., under his Business Reading
1735-2 Reports.
9/19/30 See
1734-4, a Physical Reading.
10/30/31 See his third Business Reading,
1734-5.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation