WM

March 7, 19396

Here is the proposition that I offered Mre Listone I proposed that we
take the cash receipts of the National Intercollegiate Tournament for their first
two nights last year, and that our NCAAs committee allow him that amount of money
for his rental plus an added sum this yeare I proposed that we then, as a determiner
for the added sum, take the entire total gross receipts of Liston's Intercollegiate
Tournament for last year and compare them with the total receipts this year, and that
we increase the rental for the first two nights of this year, namely Monday and Tues~
day, according to the proportion of the increase in total gate receipts of this year
over last year's tournamente

In other words, if Liston's tournament this year grossed twice as much as
last year, we would pay double the rental for Monday and Tuesday nightse

It must be taken into consideration that Liston's tournament would go on
and not be interrupted only by pushing some of their games so they would be played
during the day rather than at night. This would be velvet for Liston's tournament,
end I considered it a very fair propositione

Furthermore, I agreed that he could count his advance sale that has been
made by the Chamber of Commerce in this year's grosse Liston stated that he had
about 2,000 tickets solde We had agreed to admit these tickets free so far as

deductions on our part were coneerned regarding the totalse