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Peter Drucker writes to Carolina Biquard to congratulate her on her recent success with a seminar she is planning and to inform her that he will be unable to attend. Drucker goes on to bemoan the misgovernment of Argentina and express his hope that more people who posses Carolina's "energy," "vision," and "ability to get things done" find their way into government. The first letter of each word on the left side of the letter is cut off, but the text is still comprehendible.