January 29, 1940.

‘ie rig Schaake,
1130 Kentucky on”
Lawrence, Kansas

Dear Ralphs

I find thet you have earned a total of $18.90, and that your
$6265 cheek for January will be received about February 10tite

i dislike to be so insistent about your reducing |
| the interest and principal debt at the Peoples Bani, but since
you have been eating at that sorority house with no expense for
your meals I fail to see why you cannot make some payment on
your obligation. And too, I bought sixty pounds of popcorn at
S¢ a pound, which made $1.80, and I thought perhaps you would
apply thet on your leany because you told me that when you sold
your popcorn you would have sane money to apply on that debt.

Ralph, the best friend a man has is hie creditors.

Very sincerely yours,

| | Director of Physical Eduestion and Biueation,
PCA sAH ee Varsity Basketball Coach.