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Form F. R. 131 BOARD DF GDVERNDRS FEDERAL RESERVE SYSTEM Office Correspondence To Chairman Eccles From Date November 10, 1958. Subject: Mr, Thurston On the basis of Republican gains, it is possible that they will get larger representation on committees in both House, and Senate and that the Democrats will have less when the new Congress organizes* Three Democrats of the Senate Banking and Currency Committee are out — Bulkley, JIcAdoo, and Hitchcock of South Dakota. This leaves in order to seniority: Wagner, as Chairman Glass Barkley Reynolds Byrnes Bankhead Adams Maloney Radcliffe Brown Hughes Herring Smathers In other words, there are three vacancies to be filled, one of whom should be Worth Clark. On the House side (according to present returns) 7 of the 18 Democratic members of the Banking and Currency Committee are out for one reason or another. These 7 are: Reilly, of Wisconsin Hancock, of North Carolina Farley, of Indiana Meeks, of Illinois Kopplemann, of Connecticut Clark, of Idaho Transue, of Michigan Republicans on both Senate and House Committees are intact*