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March 27, 1956
Internal Memorandum
Interview with Miss Margaret Myers (Mrs. Haggott Beckhart)

I asked Miss Myers to lunch in order to try to secure her cooperation in the effort to get the H. Parker Willis papers moved intact from the
Willis house on Staten Island to a responsible repository, preferably
Columbia University Library.

It took no great effort to persuade Miss

Myers that the collection would be more valuable if it was intact than
though it was sorted and culled by some member of the family.

She said

that her husband, Dr. Haggott Beckhart of Columbia University, had
recently a biography of Parker Willis for the Dictionary of American Biography, and that this connection together with an old friendship with
Parker Willis might act as a stepping stone for conversation with the
Willis boys about the papers.
At the same time she put in a warning note by way of a small
incident which was illustrative.

It seems that H. Parker Willis was born

in Elmira, New York, but he did not like Elmira and preferred to have been
born in Massachusetts.
Massachusetts.)

(Who's Who states that he was born in Weymouth,

In the biography Dr. Beckhart had used the authentic

birthplace, much to the distress of Mrs. Willis who thought that her husband should be allowed to go down to posterity as born where he chose to say he had been born.

On the other hand, a sister of Dr. Willis who lives

in Chicago was a sturdy defender of the fact. Miss Myers was not sure that
Dr. Beckhart would be as welcome in the Willis family, having refused this
concession to Dr. Willis1 preference, as he might be otherwise.
The incident sheds a curious and interesting light on the veracity
of this very

pugnacious and effective worker for the Federal Reserve System.

Miss Myers said that he had been a classical scholar before he went into
economics, and was deeply learned in Greek and Latin history.

She seemed

to suggest that his imagination at times got the better of him, but this



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Margaret Myers
3/27/56

may have been an unwarranted inference on my part. In any event, this
curious business of the birthplace does shed light on controversies which
took place between him and other individuals in the early days with whom
he did not agree*
Miss Myers wrote her Ph.D. thesis under Willis, at Columbia, but
did not have veiy much contact with him at that time. He was a distant
figure of great repute, rather than a waim personal friend. It was as
Mrs. Beckhart that she became more closely acquainted with him, and her
husband's friendship is deeper and covers a much greater period of time.
In about 1920 Miss Myers came to work for the Federal Reserve
Bank of New York. In that capacity she knew Carl Snyder and considered him
a most interesting personality. I spoke to her of the decline in close
cooperation between Mr. Snyder and Mr. Strong, and she said that Snyder was
under a cloud toward the latter years of his service. She had no particular
reason to assign for this unless it was the coming in of Dr. Burgess with
his academic degrees and his meticulous critical sense. She was a young
employee, not far advanced in the hierarchy, and her obsefvations on this
subject were necessarily casual.
She said at one point that Dr. Beckhart thought he might do some
writing on the histoiy of the Federal Reserve System. Whether this remark
was merely casual or intended as a trial balloon, there is no way of
knowing. She said that she thought he could by now do detached and dispassionate work on the subject. He had been closely with Dr. Willis, was a
devoted pupil, and had taken Dr. Willis1 attitude that the Federal Reserve
System had been betrayed by its operators into something which the founding
fathers did not accept. She now felt that whether or not he had shed this
attitude, he could look at it without the heat of earlier years.




Margaret Myers
3/27/56

- 3 -

She said that Dr. Beckhart had a leave of absence for the year
1956-57* that he would spend the first half of this with her in Poughkeepsie,
and that in the spring they vould both go to Australia.

She thought that he

might have a Fullbright Fellowship, and she herself had some assigned
research to do there.

It was obvious that the Australian trip was something

of a holiday, but a holiday with a purpose*
Miss Myers will let us know whether or not she has any success 33£
either herself or with the aid of Dr* Beckhart in getting the Willis papers
to Columbia.

It was necessary to assure her that Columbia vould velcome

them, as she thought that the Library was completely crowded and unable to
accept anything else.

MARCH 28, 1956:

A

news note in the New Xork Times concerning a

new lav library and other buildings which Columbia expects to erect indicates that there will be a great increase of library space and especially
for the economics and business library.
bankers1 collections much more viable.

MA:IB




This may make the whole project of