To Charles Augustus Strong
Seville, Spain. April 5, 1914
You are very generous to wish to return to the absolute financial monarchy which you have practically always exercised at the apartment, and I am glad of it, as a sign that the villa hasn’t yet ruined you, and that the fall in American stocks has left you calm like a Stoic. It hasn’t affected me either in practice, and I am still saving money; but on paper it has swallowed up 12% of my capital, so that I feel poor, although I have just as much to spend as before.
From The Letters of George Santayana: Book Two, 1910-1920. Cambridge, MA: The MIT Press, 2001.
Location of manuscript: Rockefeller Archive Center, Sleepy Hollow NY.