I would not favor the Erik Anderson proposal to turn control of the
USCF over to a bunch of money-men. This proposal has been made many
times in the past and has always been rejected.

Changing the USCF from a 501c4 to a 501c3 has been on the agenda of
numerous boards. I do not know the reasons but it has been found
impossible to do.

Also, remember that there are a bunch of people and groups who have
been circling around overhead like vultures waiting to dive down and
eat up the pieces as soon as we die.

We should not be quick to give up on the USCF. It still has 86,000
members, $3.2 million in annual revenues and until 1999 it had $2
million cash and equivalent in the LMA. We have recently suffered from
bad management and bad boards but prior to that we had 60 good years.
We are still stronger and better off than any comparable organization
that I know of.

Sam Sloan