To Ruth Alexander
Ruth Alexander was a conservative/pro-free-enterprise columnist. She was supportive of AR throughout her career, proclaiming in a 1949 New York Mirror column that “America has found her Joan of Arc.”
139 East 35th Street
New York City
October 22, 1943
Thank you for your letter and the copy of “Finance” with your article. We enjoyed reading the article—and I really don’t think that it can be considered disturbing in the way we discussed.
I have some news to tell you, confidentially, since it has not been publicly released as yet: I have sold the screen rights to “The Fountainhead” to Warner Brothers, for $50,000. This has made me a capitalist overnight, which is a wonderful feeling. I shall have to go to Hollywood in December to stay there for a few months. I am sorry that I’ll miss you when you’ll be in New York this winter.
Best regards from both of us to both of you,
__________________________________________AR stayed in California until October 1951.