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Berggasse 19,
Vienna IX,
13.4.1919
Dear Dr Pfister,
Before answering your informative letter of March 23 I waited for Rank to return, and also until I had found out about the effect of the events in Hungary. Now I am delighted to inform you that I too regard the foundation of the Zürich society as a very hopeful event, provided that the gentlemen, who are to a large extent novices, show themselves ready to work hard and do not waste their energy theorising and taking sides before being qualified to do so by experience. I am also of the opinion that the quality of the membership is more important than its quantity, and therefore appeal to you to put a tight rein on your kindliness, which makes you want to unite all conflicting elements; otherwise it will all end up again in a Jungian parody.
The psycho-analytic endowment which I administer is not an end in itself, but is available to be spent on worth-while objectives. Contributions will therefore gladly be made to the expenses for psycho-analytic purposes with which your group will be faced. But not for the time being, so long as our crown is worth only eighteen centimes and we have no credits at our disposal abroad. In these circumstances it would be wasting our substance to no purpose. For the same