The letter from James R. Jones to Mr. G.W. Givens discusses federal spending, the public works employment bill, general revenue sharing, tax incentives for industry, and welfare reform. Jones supports the public works employment bill and believes cuts should be made to the General Revenue Sharing program. He also mentions efforts to reform the food stamp program. Additionally, a response from Mr. and Mrs. S.W. Givens is included, expressing concern about government spending and suggesting tax incentives for industries to hire more workers. They also criticize wasteful spending on programs like food stamps and highlight the importance of defense spending and the dangers of communism.