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Internal Memorandum
February 19, 1954
Charlottesville, VA«

The papers of Carter Glass are in the library of the University
of Virginia^ The curator is Mr. Francis Berkley* The Glass collection
is housed in some 216 paste board boxes. Only a little larger than the
size of a box that holds typing paper. They have been roughly classified
according to year and general subject but the classification is completely
inadequate. In at least one box matters of 1913 and 1930 were jumbled in
together. Some of the material was isolated at the time that Mr. Bixey
did a political biography of Mr. Glass. He took out correspondence with
men of public importance and this is now in boxes by itself. A small
sampling of these boxes revealsc the fact that any work to be done with the
papers would first need a process of classifying and indexing, it the
present time letters from constituents, personal bills, letters from members of the family, and much indiscriminate correspondence heavily loaded
with acknowledgements of letters, invitations to speak, etc* are mixed in
together* Thus far the University of Virginia has had no funds with which
to handle so large an important a collection. Mr. Berkley indicated that they
would welcome a grant for this purpose*
I talked with Professor Elbert A» Kincaid who was for some years
a vice president and economist of the Federal Reserve Bank of Richmond. Mr.
Kincaid has since 1926 been professor of finance at the University of Virginia. (See card for complete career.) Being now 70 years old he is retiring at the end of this term. He will then have more free time and it
might be possible to enlist his interests in the job of classifying and
indexing these papers. He has at least two students who might be called on
to help him. One of them is now studying the work of S. Parker Willis*




-2-

Professor Kincaid states that some seven years ago he tried to
persuade the Federal Bank of Richmond (he talked with Mr* Leach) that
this job needed to be done and that the Federal Reserve Bank of Richmond
should undertake it. It is his understanding that the Richmond people
yvereu
talked with Mr. Thomas at the Federal Reserve Board and/wke*^w^B not
encouraged to "undertake this matter* Whether this impression is correct
or if so what the reasons behind it might be should be
found out barring any unfavorable detail which I do not know it would seem
as though Professor Kincaid might be seriously considered for this essential
work on the Glass papers.

(Mildred Mams)