1926 MAR 26 PM 7 44 JX NEWYORK NY 26 MISS JULIA MORGAN MERCHANTS EXCHANGE BUILDING SANFRANCISCO CALIF I THINK PLAN YOU AND PARKS HAVE ADVISED WILL WORK WELL WE MUST CONSIDER EXIGENCIES OF RANCH SITUATION THE RANCH IS NOT MERELY A GAME PARK IT IS PRIMARILY A COW PARK AND PROFITABLE WR HEARST