The text is a correspondence between Congressman George B. Schwabe and C. E. Buchner discussing concerns about federal appropriations and potential reductions in the depletion allowance on oil and gas production. Schwabe expresses skepticism about the extravagance of Congress and the influence of the White House, while Buchner expresses concern about the potential negative impact on the oil industry. They discuss the Oklahoma delegation's opposition to the reduction of the depletion allowance and their plans to work together on the issue.