EXHIBIT 99(v)

                             NACCO INDUSTRIES, INC.


March 26, 2002


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Ladies and Gentlemen:

Arthur Andersen LLP ("Arthur Andersen"), the independent public accountant for
NACCO Industries, Inc. during 2001, has represented to us by letter dated
March 22, 2002 that its audit of the consolidated financial statements of NACCO
Industries, Inc. and subsidiaries as of December 31, 2001 and for the year then
ended was subject to Arthur Andersen's quality control system for the U.S.
accounting and auditing practice so as to provide reasonable assurance that the
engagement was conducted in compliance with professional standards, that there
was appropriate continuity of Arthur Andersen personnel working on the audit,
availability of national office consultation, and availability of personnel at
foreign affiliates of Arthur Andersen to conduct the relevant portions of the
audit.

Very truly yours,



/s/ Kenneth C. Schilling
Kenneth C. Schilling
Vice President and Controller