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ABBOTT, Charles C. ABBOTT, CharlesUNIVERSITY OF VIRGINIA GRADUATE SCHOOL OF BUSINESS ADMINISTRATION j" ' ^** MONROE HALL CHARLOTTESVILLE Nov. OF THE. f EDERAL RESERVE SYSTfcM Miss Mildred Adams,, Research Director Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, N. Y. Dear Miss Adams: I am very sorry to have missed your call on Thursday afternoon. If you come to Charlottesville again I will hope to see you. C h a r l e s C. AbbotJ Dean AGGER, Eugene E. March 16, 1956 Dear Dr. Aggers I send you vRrm thanks for taking th<» time to ch?t with ^e on Tuesday* Our discussion v»s extremeiy interesting^ and i t vn8 n pleasure to ta3Jk with /ou# Sincerely Mildred A Dr. Sugen© E. Profee>cor Ratg#rs d i v e r s i t y Hev BrunB'wiokjr Sew Jersey AGGER, Eugene E I VRUTGERS UNIVERSITY The State University of New Jersey MAR 1 2 t?55COLLEGE OF ARTS AND SCIENCES NEW BRUNSWICK, NEW JERSEY AGGER, Eugene Merch 7, 1956 ©ear Br* Aggeri Thanks so much Tor your l e t t e r of M&rch 3rd vith i t s welcome to Rutgers* I v i i l cofne we&k with great pleasure, but unfortunately, I cannot make i t on the day you suggest, Monday, Either Tuesday, the 13th, or l-rednet-day, the arriving on the 10tl4 wold be better* If both are equally convenient, l e t ' s say Tuesday on the ground that i t comes first* .• .- . • .• . .' ¥111 you l e t ®& know how this f i t s ; your ova calendar? I em looking forward to talking with you* Very sincerely yovirs, Mildred $km Eugene Agger Professor ^eritua of Economics rs University Brunswick, Hew Jersey * * COPY AGGER, Eugene RUTGERS UNIVERSITY The State University of New Jersey COLLEGE OF ARTS AND SCIENCES C Department of Economics New Brunswick, New Jersey Mar. 3rd, '56 Dear Miss Adams: As I am to be out of town most of the coining week may I suggest that we tiy to get together the following week, say on Monday, March 12th? If you do not mind coming to New Brunswick, I suggest 10 A.M. as a favorable hour. On checking the time card I notice a train leaving Penn Station at 9s25 getting here at 10:14.. Perhaps you know this campus, but, at any rate, if / L / you walk back to the rear of the platform you* 11 encounter a stairway which t* is just opposite to a corner entrance to the campus. Proceed up the driveway, ->> to the rear of the chapel and on down the path to the middle gateway on Hamilton Street. Cross Hamilton Street and walk up the green leading to the Theological Seminary. A hundred yards or so from Hamilton Street on the left of the green, you will observe €bok House. Enter, up one flight and in Room 204. (on the right) you will find me awaiting you. Should Tuesday of Wednesday morning be more acceptable, drop me a ±ine and Ifll readjust my calendar accordingly. Looking forward to meeting and talking with you, I am, Sincerely yours, E. E. Agger Miss Mildred Adams, Estec. Director Committee on the History of the Fed. Res. System N. Y. City OS /M. RECEIVED RUTGERS UNIVERSITY 5 195%* State University of New Jersey COLLEGE OF ARTS AND SCIENCES NEW BRUNSWICK, NEW JERSEY f ^ Z^*£^ y AGGER, Eugene February 27, 1956 Bear Dr. Aggeri larly in the l i f e of this project, which i s to say some two years ago, Mr. Sproul suggested that you, who were active in setting up the original Division of Research end Statistics at the Board, might be kind enough to think back in time and give us interesting memories of those early Sow that the project i s more firmly set in i t s line of development then i t vae in 1954* I »m eager to put Mr* Sproul 1 s suggestion into action, and em writing to ask when and inhere you might be able to see me* If you come to New Xork, I will be glad to have you coiae here, or will come to any address you suggest in mid-town Or i f you would rather see ma in Hew Brunswick, I will gladly come there. Any d&y next week after Tuesday, or the follow* ing week before Thursday eouid be fitted into ay t do hope this aey be possible for you, »n<! I can you l a adfaaoe of the Oowiittet'a grutltudt for your kindness* sincerely Hildred I5r« Eugene Agger Professor Hfeeritus of Rutgers Onivsrsity Hew Brunsvickt Sew ALDRICH, Nelson W. (PapersJ EDWARDS &ANGELL TELEPHONE: JACKSON CABLE ADDRESS "EDWANGLE COUNSELLORS AT LAW PROVIDENCE" RECEIVED EUGENE A.KINGMAN ROBERT B. DRESSER WALTER A.EDWARDS KIRK SMITH JOHN RAE GILMAN WILLIAM H.EDWARDS ELMER E.TUFTS,JR. ROBERT E JACOBSON GURNEY EDWARDS EDWARD WINSOR RONALD B.SMITH EDWARD T. RICHARDS GERALD W. HARRINGTON BANCROFT LITTLEFIELD CHARLES P.WILLIAMSON JOHN L.CLARK JOHN V. KEAN FREDERICK LIPPITT EDWARD F. HINDLE ROBERT S.DAVIS KNIGHT EDWARDS BEVERLY GLENN LONG WINSTON V MORROW,JR WILLIAM LANE BRUCE CHARLES F.SHERIDAN,JR JAMES K.EDWARDS I-IIOO APR 21956 COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM Friday 30 March 1956 Miss Mildred Adams, Committee on the History of the Federal Reserve System, 33 Liberty Street, New York City, Dear Miss Adams: Thank you very much for your letter of 16 March and for your further inquiry as to whether any papers belonging to the late Senator Nelson W. Aldrich have turned up. As far as I can tell at the moment, no material of this sort has come to light in connection with the administration of the estate. I am sorry to give you this negative report. With every good wish, Yours sincerely, William H. Edwards ALDRICH, Nelson March 16, 1956 Bear Hr» Vd had aoae correspondence with you & year ago on the matter of possible papers or other materiel of interest to t h i s Cgu&ittee Alicia might h&v^ been found in the estate of the l a t e Hiss Lucy Aldrieh. This was at tat sug^stioa of Kiss Aldrich's b r o k e r , the ii&bassador, and had particular reference to papers which would have belonged to Senator Kelson Aldrich in the days when he was working oa moaetary reform* 1 £is writing sga-in in the hope that inTentories of the papers and book ttat&rlal beloabi^ to Hiss Aldrich aay by this time have revealed some of the material we seek* If anything of the kind has turned up> we would like very much to know whether i t has been deposited where scholars can use i t , &ad if so* in depository. Thanking you for your courtesy in this» I WB V©ry sincerely yours> Mildred Adams Mr. VllliuB Edwards £dvard& and Angell 15 V/est»iriFter Street Providence, Rhode Island ALDRICH, ftel$h HARVARD UNIVERSITY GRADUATE SCHOOL OF BUSINESS ADMINISTRATION BAKER LIBRXRI5" *•* * ' V E D f AdsSjA **> ARTHUR H. COLE MAY 4 SOLDIERS FIELD OOMMITTCE ON TM£ HISTORY BosTON 63> Of THi «DBWl*CS£infc SYSTEM MASSACHUSETTS May 2 , Miss Marguerite Burnett Committee on the History of the Federal Reserve System 33 Liberty Street New York l£, N.Y. I^r dear Miss Burnett: I am replying to your letter of April 27 addressed to the Harvard Business Library, I think that the best thing that I can do is refer you to Miss Adams. She is familiar with the situation here at the Baker Library. - Briefly, it is true that we do have an "Aldrich Room", This room contains the private library of Senator Aldrich, but it does not contain private papers. The latter may be in the Library of Congress or may still be in the hands of the family. Miss Adams would know how to go about the location of such family papers. Very truly yours, Arthur H. Cole Librarian AHC:dm ALDRICH, Nelson April 27, Harvard Business Library Soldiers' Field Boston, 63, Mass* Gentlemen, • - • • * . • • • . ' • , ' 11 We have been informed that there is an "Aldrich Room in the Morgan Library of the Harvard Business School. As we are interested in tracing the papers, working correspondence, memoranda, etc. of Nelson 1. Aldrich connected with his public career, we wish to inquire whether any papers of this nature are included ia your collection. A book has come to our attention entitled: "Books in the library of Nelson W. Aldrich, WarwitfT, Rhode Island," privately printed, 19l!t-l6. Isill you please inform us whether that particular collection has been incorporated in your collection, or whether it is still located in Rhode Island. We know that saae of the Aldrich papers have been deposited in the Library of Congress but wishto trace the whereabouts of the remainder if possible. Any information you can give us will be appreciated. Very trruly yours, \{b Marguerite Burnett Research Associate ALDRICH, Kelson EDWARDS & ANGELL T E L E P H O N E : JACKSON CABLE A D D R E S S "EDWANGLE COUNSELLORS AT LAW EUGENE A.KINGMAN ROBERT B. DRESSER WALTER A.EDWARDS KIRK SMITH JOHN RAE GILMAN WILLIAM H.EDWARDS ELMER E.TUFTS.JR. ROBERT E.JACOBSON GURNEY EDWARDS EDWARD WINSOR RONALD B.SMITH EDWARD T.RICHARDS GERALD W.HARRINGTON BANCROFT LITTLEFIELD CHARLES P.WILLIAMSON JOHN L.CLARK JOHN V. KEAN FREDERICK LIPPITT EDWARD F. HINDLE ROBERT S.DAVIS KNIGHT EDWARDS BEVERLY GLENN LONG WINSTON V. MORROW, JR. WILLiAM LANE BRUCE CHARLES F. SHERIDAN, JR. JAMES K.EDWARDS I-IIOO PROVIDENCE" ^ f"\^ 14 Friday 11 February 1955 Miss Mildred Adams, Committee on the History of the Federal Reserve System, 33 Liberty Street, New York City, Dear Miss Adams: Mr.Winthrop Aldrich has forwarded to me his exchange of correspond ence with you dated l\. February and 7 February. We shall be on the lookout for such papers as you have in mind, and I shall communicate with you if we find any. Please let me know if you have any further suggestions. Yours sincerely, (William H, Edwards) ALDRICH, IMelson ¥ . February 11, 1955 Dear Mr* Ambassadors lour letter of Februery 7th in regard to papers of interest to this Committee, which might be in the estate of your sister, Miss Lucy Aldrich, has just come to my desk, end I am hastening to thank you for your kindness in giving us information we need so quickly. I am communicating immediately vith Mr. William T. Edwards. Your mention of a set of the reports of the Monetary Commission, vhich contains marginal notes in your fathers handwriting, is of the greatest interest to us. I do hope that it can be located the next time you come back to the United States* ¥e vill look forward with keen interest to further word from you. Thanking you again for your kindness in these matters, I am ?ery sincerely yours, Mildred Adams The Honorable Winthrop ¥« Aldrich Ambassador to the Court of St. James American Embassy 1 Grosvenor Square London, England ALDRI&i, Senator kelson February U , 1955 Kr. Edwardsi I ass writing you at the suggestion of Ambassador Aldrich and in connection with p&pere union may be in the estate of hl*s sister, Hiss i*ucy Aldriea, In a letter dated February 71a, the As&assador tells me that he has sent to you a oof^ of e letter vhieh I wrote his recently conearning pa.p»r» of the Aid rich f&sdly, lou will therefore h&ve read a state&ent of vhat it is tii&t tai© Casedttee is p&rticul&rly interested in f tmd I will not repeat except to as.-sure you that we ^ould be most grateful for informtion concerning «iny papers miica belonged to Senator Jddrich and had a bearing on monetary affairs in general or the Monetary Conasisalon, ta© e&rly days of the Federal Reserve System, or allied subjects in particular* We vili avait vord froa you in tae hope that Miss Aldrich m&y heve preserved material of this type vhieh could be si&d© availabl© to us* Very sincerely yours* Mildred Mr* Villias Edwards Edwards &n$ Angell 15 Westminster Street Providence, Bhode Island ALDRICH, Nelson (Papers) RECEIVED; FEB 1 0 1955 EMBASSY OF THE UNITED STATES OF AMERICA LONDON COMf/HTTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM February 7, 1955 Dear Miss Adams: I have your letter of February 4- The executors of the estate of my sister Miss Lucy Aldrich are: Mr. William T. Aldrich of Boston, Massachusetts, Mr. William H. Edwards of Edwards and Angell, 15 Westminster Street,1 Providence, Rhode Island, and myself. My sister s will has already been filed for probate and the executors will have qualified within the next few days. I have sent a copy of your letter to Mr. Edwards and I suggest that you get in touch with him so that in due time he may advise you whether my sister Lucy had any papers which might be of interest to you. My recollection is that I have myself somewhere in storage a complete set of the reports of the Monetary Commission which contains marginal notes in my 1 father s handwriting. I have not seen this set for a number of years and it will be necessary for me to look for it personally. The next time I come back to the United States I will plan to do this and will let you know if I have been able to locate it. Very sincerely yours, Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street http://fraser.stlouisfed.org/ New York 4-5, New York Federal Reserve Bank of St. Louis Alcirich, Nelson (papers) February I* 1955 Bear Mr. /jabass&dort In connection vith the work of this Committee, ve vrote recently to your brother, Mr. Edward Aidrich, asking vhether a l l the papers of your distinguished father, Senator Melson Aidrich, were a t the library of Congress, or whether sose of then sight s t i l l be preserved in the family archives* We bed particularly in sind such papers as would bear on the eerly days of monetary reform, the Monetary Coffis&ssion in uhieh your father played so important & pert, and the beginnings of the Federal Reserve Syste®. Tour brother very kindly responded by telephone, seying that he himself had no papers other than those >fhieh were on deposit in the Library of Congress. He did, however, suggest that Miss Lucy Aidrich might h&v<? h^d pepers 1of interest, and he said thet you would knov vho were the executors of Miss Jlldrich © estate and \«hat vould be done with any pertinent papers -which might ea&st. I t i s because of his kind insistence that I em writing you. When ve f i r s t talked to the Library of Congress ebout your father's papers, ve were told that in addition to the collection there deposited, other© existed in the care of the Rhode Island Historic**! Society. ¥e vrote the Society only to find that they had no record of any papers left there. We are most eager to have a complete record of the whereabouts of manuscripts, memoranda and correspondence which belonged to Senator Aldrieh and vnieh may shed light on the subject vhich i s our chief concern, namely, the h i s tory of the Federal Reserve Systesa. An? information or suggestions you can give us which v i l l help ua render better service to the sokolars vho v i l l be vorking under our auspices v i l l be most warmly appreciated. fesy cl^ettrely yours* Mildred Adams The Honorable fcl&tarop Aldrich Ambassador to trie Court of St. James American Embassy Grosvenor Square London, England This document is protected by copyright and has been removed. Author(s): New York Times Article Title: Lucy Aldrich, 85, of Rhode Island: Daughter of Late Senator and Sister of Ambassador Is Dead in Providence Journal Title: New York Times Volume Number: Date: January 13, 1955 Page Numbers: 27 Issue Number: ALDRICH, Edward (Kelson Aldrich papers) January 27, 1955 Dear Mr. Aldrich$ At the suggestion of Mr, Clerkson A. Collins, III, Librarian of the Rhode Island Historical Society, I am writing you concerxiJUag the papers of your father, Senator Kelson W. Aldrich. This Coss&ttee has bean engaged in searching out the papers of men active in tae early days of the Federal Reserve System, Those of your father, who was so important and energetic in monetary matters at that tiae, are, of course, of great interest to us. V© know that some of his papers are in the Library of Congress. Ve would like to knov -where the rest are deposited and vho vould be the person to consult about them at such s depository, as veil es &ny other infona&tion you would be kind enough to give us. Any knowledge concerning these valuable papers vhlch you can impart to us will be greatly appreciated. fery sincerely yours, Mildred Adams Mr. Edward B. Aldrich 1121 Industrie! Trust Building Providence, Hhode Island e £ {THE RHODE ISLAND HISTORICAL SOCIETY o AT JOHN BROWN HOUSE, BUILT 1786 CLIFFORD P. MONAHON, Director /j$Sl^\ M S X ! COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM 52 POWER STREET, PROVIDENCE 6, R. I. CLARKSON A. COLLINS, III, Lib January 19 f 1955 Miss Marguerite Burnett Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New York Dear Miss Eurnetts We have no record of ever having received any of the papers of Nelson W. Aldrich and I believe that you must have been misinformed by the Library of Congress. A number of Senator Aldrich1s children are still living and perhaps they can give you the information you desire. Among them ares Winthrop W. Aldrich, United States Ambassador to Great Britain; William T. Aldrich of Boston; Stuart M. Aldrich, whose business address is 1215 Industrial Trust Building, Providence; and ,/ Edward B. Aldrich, 1121 Industrial Trust Building, Providence. This is also the address of the estate of Nelson W # Aldrich so perhaps you should write there first, Very truly yourst Clarkson A* Collins, I U Librarian January 3, Rhode Island Historical Society, $2 Pomor St., Providence, R«I # Gentlemen, Throu^i the Library of Congress we have been informed that some of the papers of Nelson W. Aldrich are on deposit with your Society• As you see from the above letterhead this committee i s interested in aH material that may concern the early days of the Federal Reserve System, Senator Aldrich of course played a prominent part in activities preliminary to the formation of the System in 191k* May we inquire just what Aldrich papers are in your collection the approxinate number, what period they cover and any other pertinent facts as to the contents that you may have. We would be particularly interested in any l i s t or register of the contents that may have been made. Have the papers been organized and are they available for research work by students? Any information that you can give us will be much appreciated by our Research Director, Miss Mildred Adams, truly yours, l<vfr Marguerite Burnett PHILIP R. ALLEN WALPOLE. MASSACHUSETTS RECEIVE\$2L113, APR 15 1»5 1955 J Dear Mr. Woodward: Referring fel^Spu^J^tter of April 4I doubt very much if I could help in the history project. My friend, Fred Curtiss, was Chairman of the Board during all of the years I was on the Board. I have no papers or memoranda but Mr. Curtiss was a very meticulous person and I am sure he would have, over this period, something that would help you and your Committee. I saw him down in Florida; understand he is now on his way back and I will discuss this matter with him very soon. Very truly yours, Mr. Donald B. Woodward, Secretary Committee on The History of the Federal Reserve System 33 Liberty Street New York 45 ALLEW, P h i l i p R, PHILIP R. ALLEN C" I \ WALPOLE, MASSACHUSETTS*™1 * v March 26, 1955 -. My dear Ellen: " •."STCF-.Y It's nice to get your letter of March 21st. I am sure Mr. Curt iss will be very glad to help you from his papers. I don't know what I could add. I simply sat on the Board as one of the Directors for something like thirty years; raised cane about anything they wanted to do that I thought they ought not to do. I was on the Building Committee of the nex»; bank and had a lot of fun. If you think of anything I could give them that might be of interest, let me know: I would love to help you. Kindest regards and best wishes, As always, Mrs. Ellen C. Singer 33 Liberty S t r e e t New York 45 N. Y. , Piilip R. O March $1, 1955 Philip R. Alien Esq. V&lpole, Massachusetts Dear Mr. Allen: Thank you so much for your response to ay letter. Mr. Curtiss1 long experience in the Federal Reserve System makes his papers uniquely interesting and we are very hopeful that he will W^te- them available to scholars and historians. The ssjme is true of your own papers. My mother and father are even now heading in the diz*ection from which you recently caiae. They are going to Hot Springs where they will meet ay sisters, Sandy and Mary Forbes and also Harry's wife. So my father will be surrounded by four lovely ladies and they all expect to have a happy vacation• Hot Springs did so much for ay mother and father last autumn that 1 expect they will return this time "full of fire and fight*1. Please again give my best regards to Mrs. Allen and many thanks to you for your kindness. Very sincerely yours, Ellen C. Singer PHILIP R. ALLEN R E C E I V E D WALPOLE. MASSACHUSETTS March 14, 1955 ; % l'*^~ HISTORY we My dear Ellen: It is very interesting to read your letter of February 2lst and I am sure you have got a very interesting job ahead working on the memoranda or the Federal Reserve System. I am just back from a holiday in the South where I saw Frederick Curtiss twice. He is on his way home now and on his return I am sure I can get all of the information you ask for. I was a member of the Federal Reserve Bank of Boston for 33 years, practically all of which time Frederic Curtiss was Chairman of the Board. I am not sure I have any special papers that would be of any interest to your collection but I will be glad to look up if you need them. I am enclosing copy of a letter I am writing to Frederic Curtiss. Very sincerely yours, Miss Ellen 0. Singer Research Assistant Committee on the History of the Federal Reserve System 33 Liberty Street New York 45 ALLEN, fillip R. March 14th, 1955 r Fredi 1 am enclosing a letter from the daughter of a very old friend of mine, . Colt of Boston, The letter f explanatory. 2 an writ today •and t r alon£ to you and thafc on your \ you won her any help that you could; if I am wrong, you can t o l l her s o . . tho ne 't-:*.:\ " t] urti33'>s an ether ^orida and ho: irn we can arrange furth* .''.' r*s • Our k i n d e s t regards an1 be6t wi n:, always, Frederic H* Curtis, sq. Hover Massac ts . . ; rod r conven aso r e t u r n • All files. • c. ALLEfl, Philip R, F £l*ILIP R. ALLEN WALPOLE. MASSACHUSETTS FEB 2 0 1955 E ON THE H.STORY OF THE RESERVE SYSTEM My dear Miss Singer: In Mr. Allen*s absence this will acknowledge your letter of Feb. 21st. Mr, and Mrs. Allen are away on a little vacation; are expected back the middle of March, when your letter will bebrought to his attention. Sorry for the delay but this seems to be the best we can do at this writing. Very truly yours, Secretary to Mr.Allen Miss Ellen C. Singer Research Assistant Committee on the History of the Federal Bank System 33 Liberty Street New York 45 ALLEw, Philip February 21, 1955 Bear Mr* Aliens When I saw my father two weeks sgo, he said he had told you about my job with the above Committee* My job is interesting, exciting, end the material a constant challenge, so I am having a wonderful time* How I need to enlist your help in on® aspect of this work, so I should like to tell you a little more about the Commit tee« About E year ago, the Coisjsittee, whose illustrious names appear above, with the aid of a small pilot grant from, the Rockefeller Foundation, began a search for papers, working memoranda and memories of men active or interested in the Federal Reserve System, That exploration proved so fruitful that in June the Rockefeller Foundation awarded the Committee, in conjunction with the Brookings Institution, a fiveyear grant. The Committee is now coiffiaissioning vhat it hopes will be a definitive history of the Federal Reserve System, In addition, it will sponsor monographs and studies on peripheral ro specialized areas of interest* All this will be announced in the papers when *the historian* is chosen, sometime this spring, How, for the matter in which I need your help — Miss Adams, Research Director for the CoBffiittee, a most distinguished woman and my boss, talked with Mr. Frederick H» Curtiss when she visited the Boston Federal Reserve Bank* He gave her a small handful of papers and told her he Lied a large number dealing with the Federal Reserve System and the Boston Bank in his home. The papers he turned over to the Cosaeittse hint that this sa&y be a most valuable collection. On® important function of Coisaittee vork i s to ensure that collections, vh«n discovered, are mede available to scholars BM historians, ¥e heve just had e discouraging incident when many pepers of Mr* Fred I* Kent, vho l e s t summer expressed great enthusiessi for the work of the Goaasittee, were destroyed before the Committee interest in them was s&de knovn to his heirg. Hies Adaas asked me if 1 I knew anyone in Boston >ifeo might knov Mr. Curtise pl&ng for hie ptpers and whether he vould coneic.tr giving the*s to one of the Harvard libraries or to some other suitable repository* I irsmedietely thought of you and hope you will be able to help me, end the Committee, in this* You vdll probably receive an official l e t t e r about your vm pepers in the near future* Please give isy v&rm reg&rds to Mrs« .alien whom I sew a t the recent SacOLeue Club meeting* Cordially yours, Research Philip Allen, Esq, Velpole Haes&ohueetts iLUMiNAE ADIISOR* CENTER January 9# 1956 Bear Mi as ICings thanks ao much for thinking of this office in connection with Barbara Jane Robbins* We ere a t the jaoment in e. "freeze" on the subject of nev help, but i t is only temporary, ^nd when we get th&titd out, I shall nop« to consider the possibility of fitting such a person into this project. She soimds like c natural for us# %en Hiss Bobbins coaes to Nev Xork, I would like very much to see her. I will keep her personnel data* thanks for Be* Xe&r greetings* Xt i s good to hare you to turn to when we want wishes to eoae true. Very sincerely yours§ Mildred Hiss Alice Gore Kind Executive Director Alunnae Advisory Center, Ine» 541 Hadison Avenue Hew lork 22 f »• I* ALUMNAE ADVISORY CENTER, INC. 541 MADISON AVENUE f f £ N E W YORK 22 JA « ifc(^_ ALICE GORE KING EXECUTIVE DIRECTOR ^ j m Ht$tdfrAZA s-2153 January 6 1956 Miss Mildred Adorns Federal Reserve Bank 33 Liberty S t r e e t ^ew York Dear Miss Adams: I have r e c e n t l y t a l k e d t o a senior a t Yttieaton College vmo i s a very f i n s person, capable, s e r i o u s , and with a keen i n t e r e s t i n your f i e l d . Because of her good p o t e n t i a l i t y , I thought I would c a l l her t o your a t t e n t i o n i n case you might be able t o use someone of t h i s s o r t next June or a f t e r . I am enc l o s i n g her resume' so t h a t you w i l l get a d e f i n i t e idea of her background* I d o n ' t do t h i s s o r t of thing very often because I t h i n k i t can become a r e a l nuisance t o employers, but i n t h i s case i t seemed worthwhile. Hiss Rob'bins w i l l be i n Kew York during her spring vacation, i n case you would care t o see her» With b e s t wishes for t h e Hew Year, Yours s i n c e r e l y , AGK:k ALUMNAE ADVISORY CENTER, INC. FORMERLY WOMAN'S PLACEMENT BUREAU, INC. RECEIVED ALICE GORE KING r* * » w —- J u n e 3 , 1955 ..... EXECUTIVE DIRECTOR 6 1955 5 4 l J^DJSQJ^ NEW YORK P L A Z A 8 21 ' 22 AVENUE 53 OOMWTTCE OM THft HI&TOAY Miss Mildred Adams MOHWILSwSi »V»T»« P B I W Federal Reserve Bank of New York 33 Liberty Street New York * Dear Miss Adams: The Alumnae Advisory Center has had an opportunity to work with you in the past year, when we were successful in filling for you the positions of two secretaries. The Center is the New York placement and advisory office for the alumnae of twenty women's colleges. We charge no fees - to the alumnae or to the employer. We issue bulletins to subscribing employers, listing available applicants. We keep our member colleges informed of opportunities and conditions of the current employment market. We also publish booklets which describe some of the techniques which applicants should know and use. Our booklets on how to write a letter and how to prepare for a job interview have been widely read and quoted by college placement personnel. We are supported by college membership dues and by contributions from individuals and from employers. Last year, among those who subscribed were: Bloomingdale's, The Carnegie Corporation and International Business Machines Corporation. Those who support the Center are furthering a program which is bridging the gap between college and business. The enclosed circular lists the member colleges, as well as the business men, college officials and others who are serving on our Board of Directors. Our Board is now getting in touch with new subscribers who might share their interest in the job the Center does for the alumnae, the colleges, and New York City businesses. Yours sincerely, Q* AGK: Enclosure y\ AMERICAN ARCHIVIST BORNET, Vaughn D, See under OFFICE SUPPLIES, Mr* Bornet*s correspondence concerning PENTRON TAPE RECORDER MERICAN ARCHIVIST RUDDELL, Richafd August 30, 1955 Dear Mr. Ruddellt This is a very late reply to your good letter of August 5th, but we have been in the throes of report-making, and everything else has had to be pushed aside, even the courtesy of a reply* Par from disappointing me, your letter was a great comfort iH only in that it confirmed certain conclusions of my own. From one point of view, it would have been wonderful if you had provided us with the perfect definition of a historical record* Fro© another, vc are delighted to know that a division with your resources and experience has been coping vith some of the same problems which beset us here* I was also interested in the fact that you speak of "a retention schedule9 instead of using the phrase which seems to be current here* nemely "a destruction schedule*e The shift in emphasis is obviously important, and if we could bring about the reform necessary to substitute one word for the other, we Eiight be doing a real service to the cause of historical research in the Federal Reserve field* As It is, we can certainly recommend it* : Thanks again for your kindness in these matters* ¥ery sincerely yours, Mildred Adams Mr. Richard Buddeil Supervisor, Records Section Ford Motor Company Archives 3000 Schaeffer Road Dearborn, Michigan AMERICAN ARCHIVIST 3OOO 5CHAEFER ROAD _ ^ EIVED DEARBORN, MICHIGAN August 5, 1955 AUG 8 1955 Ms. Mildred Adams, Executive Director COMMITTEE ON THE HISTORY Committee on the History of the Federal Reserve System Of TH£ 33 Liberty Street RDOWL «£S£KV£ SYSTEM New York 1+5, New York Dear Ms. Adams: I am flattered that my article in The American Archivist attracted the attention expressed in your letter of July 21. I regret to say that I know of no intelligent attempt to define a historical record, much less to make a list of them. As you probably know, Ed Leahy (of Leahy, Inc.) has established a minimum permanent retention schedule for historical records. Please allow me to emphasize the "minimum," I know of no way to achieve the results you want other than to sit down and analyze every category which you are apt to encounter in the records of the Federal Reserve System. Even then, you will be forced to reappraise certain categories not included thereunder as they come up for destruction, depending on the circumstances at the time. That is what we do here. I firmly believe that practically every business or institution is different and requires different treatment. I would no more think of applying to the Ford Motor Company a retention schedule employed by the General Motors Corporation than I would try to wear one of your hats! We have established here a retention schedule. Permanent records are retained as you know for any of several reasons. Non-permanent records, before they are destroyed, are in every instance subjected to our approval. Your conclusion, "that any paper, of any kind, may be of historical interest if the matter it concerns happens to be subject to study hy an historian," is not in my opinion the "counsel of despair," but rather a practical, realistic grasp of the true situation. This of course does not apply to those records manifestly useless after their relatively brief period of active life. I am sure you have already eliminated that category. I realize the inadequacy of this answer and the disappointment you must feel in my response. If there is anything further I can do to forward your efforts, please feel free to call upon me. Yours very truly, Richard Ruddell Supervisor, Records Section Ford Motor Company Archives AMERICAN ARCHIVIST RUBDELL, R i c h a r d o July 21, 1955 Dear Mr* fiuddells I have read with great interest your article entitled "Recent Developments in Municipal records" which is included in the July 1955 nusiber of the American Archivist* . ..: , Wo in this office are not concerned with municipal archives, but we are particulsrly aware of the problems raised by a reference you make at the top of p&ge 25^ to "the highly indeterminate number (of records) that ere of historical interest &t\d tact, because of the highly specialised skills required to analyze their value, are frequently neglected by cijfcy officials!** V/fcat I would like to ask is whether you know of any attempt, successful or not, which has been oade to define what is of historical interest maang records anr* what is not* In trying to analyse and coordinate information about n&teri&l in the files of the twelve Federal Reserve Banks, ve find our* selves faced with a Destruction Schedule which is aimed conscientiously at destroying only routine material. If ve could define "material of hietorical interest," we could ask for the addition of phrases to be put into that schedule which would tend to throw safeguards around papers nov threatened by it, threatened, taat is, not in theory but in operation. fhe probxea tnus far has eluded solution* I have almost been driven to the conclusion that any paper, of any kind, may be of historical interest if the matter it concerns happens to be subject to study by an historian* But t2iis is clearly a counsel of despair and cannot be the answer* Any light you can shed on this, or any guidance you can give us, in solving the problem for ourselves will be greatly appreciated* fery sincerely yours, Mildred Adass Mr* Rich&rd Ruddell Supervisor, Records Section Ford Motor Company Archives Dearborn, Michigan AMHERST COLLEGE LIBRARY See under MORROW, Dwight (Papers) - correspondence with Miss Rena Durkan A R C i I V E S R ECE1VEDTHE HANOVER BANK NEVYORK 15 ITHE HISTORY THE December 8, 1955 Miss Marguerite Burnett Committee on the History of the Federal Reserve Bank of New York 33 Liberty Street New York 15, New York Dear Miss Burnett: After Libraries", my bank archives. Department, nor which we have. reading your recent article in "Special interest was aroused on the subject of The Hanover Bank does not have an Archives is there any central listing of the material I discussed the problem this morning with one of our officers, Mr. Dwight A. H o m e , Assistant Vice-President, and he is anxious to pursue the matter further. Would it be possible for Mr. H o m e and me to come to the Federal Reserve Bank and talk with you? We would also like to see the scope of the material which you retain and the way in which it is classified. If you call me at HA 2-3300 on extension 638, perhaps we could make an appointment at your convenience. Sincerely yours, Mildred Mason Assistant Librarian JOHN ASKLING ASSOCIATES Indexes 4O3 WEST 35TH STREET, NEW YORK CITY This document is protected by copyright and has been removed. Author(s): John Askling Article Title: Words at Work Journal Title: Library Journal Volume Number: Date: November 1, 1953 Page Numbers: Issue Number: ATLAS STATIONERY CORPORATION See under BROOKINGS INSTITUTION — TAXES AWALT, F. Gloyd May 9, 1955 Bear Mr. Awalti Mr. DonsId Woodward has sent down to this office your letter of April 20th in reply to his asking for your help in thi« history project. I am appalled to find that the pressure of vork hes been such that it is actually a year since I first called you tbout this. I have kept in mind the fact that you seid you might be writing your own book about the bank holiday at sowe future time, and we are all hoping you will do so. Meanwhile, however, we vould b© most grateful if we could know what kind of materiel you have so that we can make a note of it. I am expecting to be in Washington between the 18th end the 20th of Hay. Perhaps you will let me call you and come to see you at that time in the hope of finding out sore definitely whether this is a great mass of material or a series of diaries and memoranda. Tou see, we never lose the hope that we msy, when people change their minds, be made the repository agent for this kind of material, the m*re knowledge that Mr. Await has or has not a diary of the banking holiday is of value to us. I will take the liberty of calling you later in May. Meanwhile, aay I send you my gratitude with Mr. Woodward's for your kind cooperation Cordially yours. Mildred Adams Mr. F. Gloyd Await Await, Clark and Sparks 822 Connecticut Avenue Washington 6, D. C» AWALT, F . G l o y d o RECEIVED F. G LOYD AWALT 8 2 2 CONNECTICUT AVENUE SAMUEL O.CLARK,JR. WASHINGTON 6, D. C. RAYMOND SPARKS0942-I954) April 20, 1955 W. V. T. JUSTIS POLITAN 8-3400 Mr. Donald B. Woodward, Secretary Committee on the History of the Federal Reserve System 33 Liberty Street New York 4-5 > New York Dear Mr. Woodward: On April U9 1955, you addressed a letter to me with respect to the disposition of any material which I might have and which might be helpful to the Committee on the History of the Federal Reserve Sys tem. My recollection is that Miss Adams communicated with me in regard to this matter just about a year ago. At that time I told Miss Adams I had the desire to write my own description of my recollections of the matters that had happened, particularly during the banking holiday, but that I would be glad to talk with her. Unfortunately, I could not see Miss Adams at the time she desired to meet with me and the matter was not pursued further. My position with respect to someday publishing my own recollections is still the same, though I must confess I have been too busy to do much about it. However, I still have good intentions and at this stage I am afraid I would be of little help to your organization. Sincerely yours, )yd AWALT, F . Gloyd F. GLOYD AWALT 8 2 3 CONNECTICUT AVENUE SAMUEL O.CLARK,JR. RAYMOND SPARKS WASHINGTON 6 , D.C. W.V.T. JUSTIS MarCh 1 8 . 1954 TELEPHONE: METROPOLITAN 8 - 3 4 0 0 Miss Katherine McKinstry Research Assistant Committee on the History of The Federal Reserve System 33 Liberty Street New York 45, New York Dear Miss McKinstry: I have your letter of March 15, 1954 with respect to seeing Miss Mildred Adams, Wednesday afternoon, March 24, concerning the project she is engaged in of locating and cataloging material, etc., in connection with the development of the Federal Reserve System. I shall be happy to talk to Miss Adams, but it is impossible for me to make any firm commitment as to the time or date since, being in active practice of the law, there are a number of matters which might possibly interfere. However, I suggest that Miss Adams phone on the morning of the 24th and \ we can probably fix a time mutually satisfactory, Sincerly yours, / r March 15, 1954 Dear Mr- Awaltt Following up on a suggestion made to her by Mr^ Walter W^ratt, I am writing to ask vfaether you would be kind enough to see Miss Mildred Aetas, Research Director for the above Comn&ttee, on her next trip to Washington. She would be most grateful to you for an opportunity to discuss your recollections of persons and events in the twenties— during the time when you were serving with the Treasury Department. With the aid of a grant from the Rockefeller Foundation, Miss Adams is currently engaged in locating and cataloging material and in interviewing a number of people who have been key figures in the development of the Federal Reserve System. In view of her rery tight schedule during the exploratory stage of this project and the need to arrange fira appointments in advance of her trips to Washington, she would be glad to have word from you whether it would be possible for you to see her after luncheon on Wednesday afternoon, March 24-th. She asks me to thank you in advance for your consideration of this request and also for any assistance you. may give her in connection with her research project. Sincerely yours9 Research Assistant Mr. Francis Gloyd Await Await, Clark & Sparks 822 Connecticut Avenue Washington, B« C. AIRES, Clarence C. April 19, 1955 Dear Dr. Ayres: It was exceedingly kind of you to have that search made for studies of banking in southwest Texas. ¥e have duly noted the two theses that you mention and also your valuable cojssaents on them. If you run across anything else which bears on this subject, I would be most grateful if you could send me a note about it. The Jessens stopped here for a short and foggy day and came down to have lunch with me. They seeised in fine form, and I hope they &re at this minute wandering happily down into Spain. I believe their route leads them there before they reach Italy, but in any event they -will have a lovely time, being of the kind that knows how to enjoy travel. It was a great pleasure meeting you in Austin, and I hope that if you do come east this sucsner you will let us know. Cordially yours, Mildred Adams Dr. Clarence C. Ayres Department of Economics University of Texas Austin 12, Texas AIRES, Clarencjp T H E UNIVERSITY O F TEXAS DEPARTMENT OF ECONOMICS AUSTIN 12 April 13, 1955 WE CEIVED APS I S 1955 Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, N. Y. ^^^ COMIPIKiON Dear Mrs. Kenyon: I am sorry to have to report that there doesn't seem to be any history of banking in Texas or the Southwest such as would serve your purpose. In 1929 a doctoral dissertation was written at the University of Iowa which seems to have dealt with the banking history of Texas; but unfortunately it doesn't cover the very important period following that fateful date. However, in case you should be interested, here are the data: Carlson, A. L.: A Monetary and Banking History of Texas, 1821 through 1929. An Abstract was published in 1929 by the University of Iowa and in 1930 this Abstract was reprinted and distributed by the Ft. Worth National Bank. Doubtless the full text of the thesis is in custody of the library of the University of Iowa. Only last year a doctoral dissertation was written here. I am afraid it is little more than a rehersal of the provisions of successive statutes. However, in case you should be interested, here it is: Ross, Frank A.: Texas Banking Legislation, 1833 through 1953. Unpublished, but available through the library of the University of Texas. Apparently nobody is working on a general history of banking in Texas or the Southwest. I agree that this is a gap that ought to be filled, but I am afraid that any move any of us might make in that direction beginning now wouldn't produce results In time to be of any use to you. As you probably know, Wolf and Jeanette have departed for Europe. They are flying across by coach plane and are a bit apprehensive about being wedged into a narrow seat for so long a stretch. But after all, it is only a few hours and then they-will be able to expand in sunny Italy. How I envy themI But with Easter past, it is only a few weeks until we shall be leaving for our hideout in the New Mexico mountains. It was nice meeting you the other afternoon. All best wishes for the successful completion of your study. Yours, c C. E. Ayres P r o f e s s o r of Economics CEA:bw AIRES, Leonard P, March 20, 1956 B@&r Ur* Mearnat so mwsh for your l e t t e r of March 13th# Miss Adams Is out of town this week* but your l e t t e r will b® brought to her attention w&m she returns• Hiss Brand** illness and r©signs,tion are indeed sad n©vs to us, &nd X hope you will trensirdt to her our wishes for s speedy recovery* Hiss M&ms will be delighted to he&r that ^© Leonard Ayres1 papers have made their way to the library of Co«gr@sa» Sincerely Irnia Burstein Assistant Mr# Bavid C# Hmrtm, Manuscripts division I#ibrary of Congress Washington 25# ©• £• AYRES, Leonard P, THE LIBRARY OF CONGRESS WASHINGTON 25, D. C. RECEIVED REFERENCE DEPARTMENT MANUSCRIPTS DIVISION MAR 2 0 1955 EONTH Dear Miss Adams: I am sorry to have to tell you that Miss Brand has been absent from the Division for some time due to illness, and that these considerations of health have obliged her to resign. Please let me acknowledge your note of March 8 with the attached carbon copy of your letter to Mr, W, Randolph Burgess which you so thoughtfully forwarded here. We have, indeed, been in communication with Mr. Burgess1 office and, what is more, negotiations for the acquisition of the Leonard Ayres Papers were successfully completed with their arrival at the Library on March 5 in the care of Mr, and Mrs. Leonard Burgess. It was a pleasure to meet the son of Mr. W. Randolph Burgess and to show him and his charming wife some of our varied and valued treasures and explain the operation and program of the Division. We are delighted to have the Ayres Papers and wish to express our gratitude to you for the major part you have taken in directing them to the Library, With best wishes for continued progress in your research on the Federal Reserve System, Faithfully yours, David C. Mearns Chief Manuscripts Division Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New York AYRES, Col. Leonard o Karch 12, 1956 Dear Mr« Burgesss How very fine to hear that some pert of the Ayres1 papers are in the Library of Congress! Bit by bit the mosaic begins to take on form and pattern, so that it offers & solid challenge to students of the period* X shall hope to take A look at the Daves s@ction when I go to Washington Friday. Sincerely yours, Mildred Adams Mr* ¥• Randolph Burgess Under Secretary of the Treasury treasury Building Washington 25* &* 3* AYRES, Col. Leonard Porter UNDER SECRETARY OF THE TREASURY WASHINGTON RECEIVED Iferch 9, 1956 MAR 1 2 1956 Dear Miss Adams: Thank you for yours of the 8th. You will be interested to know that at least part of the Ayres1 papers have now been lodged in the Library of Congress, and particularly that part which gives a running account of the negotiations on the Dawes' Plan. Sincerely yours, ¥. Eandolph Burgess W Miss Mildred Adams Executive Director Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New York AYRES, Col. Leonard Hard* $9 1956 IDear Mr« I understand from Miss McSi&stry thftt TOUT georetary l a s t veek to ask %Aw> i t ^te in the Library of Congreaa hoping tliitt th© ptp*t& at €oX# JL«on$rd Ajr#s Might go the officer «hoat I <tan«d in vrltlng you earlier Miss Ketherin^ Brand of the M&uttsarlpts Ditrlsioa, ^tiich i s on the third floor of the Ana®-x to the Libr«r/» Sie sod I hurt e.bout CoX« l^ra^ 1 p&persf end 1 t*ilnk I t va$ ght ^ Or tae l e t t e r ®aj have been ©Igntd by Mr« ^.vid Um^rnn 4 of the Itouserlpts )Division* I t id good to knov th*t you er thinking about the- collection t&®re ¥H©r© studesti ce.n use it# Hr# ¥* S#er©t*irj of the treasazy Soildiiig. 25* ©• S»