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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM nnan lecles Statement before Agriculture National O u t l o o k Conference, Dept, of Agriculture, 10/7/1& , 2/pm, No, of copies 83 MSE mailing list Deputy Governor J, E, Wells, Jr, Para Credit Administration 2 Evelyn Blickensderfer, General Motors Corporation 6 Mary Burnham, Columbia Broadcasting System 1 Miss E, Dotter, Kiplinger Editors 1 United States News United States News Library 3 1 Dr. Allen, BAE, Office of Chief 50 20 +■ /<^ Press (through Mr. Wilcox) A-P,Degreve, Natl, Assoc, of Manufacturers 1 Jtwn Hume, Prentice Hall 1 L.E. Laybourne, Time Inc, 1 Tyro. A. Tucker, Natl. Assoc, Manufacturers 1 James W, Douthat, Natl. Assoc. 1 ” Commissioner John H. Fahey, Fed. Home Loan Bank Administration 2, Rosenthal & Co., New York 1 Bichard Strout, Christian Siience Monitor 1 mse statement 10/7 - Agriculture BOARD OF GOVERNORS O F THE FEDERAL RESERVE -2Courtenay Moore, UP Fred Warner, United States News Mr, Beardwood, Life Magagine Virgil Gilman, Dept, of Agriculture SYSTEM ^ No,of copies 1 3 5 15 Library, Republic National Committee y]f. Robert H, Hinckley, 'American Broadcasting * Co,, New York 2 2 Miss Bowman, Federal Home Loan Bank Administration 6 Ernest Cawcroft, Jamestown, N, Y, 1 Phil Ziegler, Editor, The Railway Clerk, Cincinnati, Ohio, 1 Ruth Hume, Prentice Hall, New York 1 Mi ^ obkin, Prentice Hall, New York 1 J, Schwartz, Brooklyn 1 Dexter Keezer, McGraw Hill, N, Y, 1 Council of Economic Advisers, State Dept. Norman D, Ellison, V P & Cashier, First National Bank, Mt, Vernon, N, Y, 1 Hugh P, Beal, V P & Cashier, Security National Bank, Greensboro, N, C, 5 Cole, Hoisington & Co, New York City 1 '¿0 4^/ ) statement - 10/7 - Agriculture BOARD OF GOVERNORS O F THE FEDERAL RESERVE SYSTEM -3Lawrence Clayton George Eccles Librarian, Bankers Trust, New York C. Lowell Harriss, Dept, Economics, Columbia University, N.Y.C. E. M. Williamson, Dept, Economics, Wesleyan Univ., Middletown, Conn, 1 1 25 1 1 Julian E, Fant, Esq., Jacksonville, Fla. 1 Bowen, Cooperative League of America, Chicago 1 Chairman, First National Bank of Lincoln 1 Retail Credit Institute, Inc., Wash., D.C. Miss Lam, Journal of Commerce, D. C. 1 1 R. L.. Adams, Pres., Bank of York, Ala. 1 Library, Natl. Industrial Conference Bd., N.Y. C, 1 K. Eard, N.Y.C. U.S. Savs. & Loan League, Chicago 1 1 E Reid, Farm Credit Admst, 1 Library, Chase Natl. Bank, N.Y.C. 1 H.M.Stillman, Pres,, Bay State Merchants Natl. Bsnk, Lawrence, Mass. 1 Harold Maslow, Maslow Cooperage Corp., San Fran. Cashier, Peoples Natl, Bank, Monessen, Pa. R.A.Gregory, Pres., Third Natl. Bank & Trust Company, Scranton, Pa. 1 1 A. S. Hediger, San Anselmo, Calif. Falkner C. Broach, V.P., Natl. Bk. of Tulsa 1 1 1 '^mse statement - Agriculture - IO/7/I46 BOARD DF GOVERNDR5 O F THE FEDERAL RESERVE SYSTEM „.^resentative Crawford, Michigan 2 Hubert Hollcway, Washington, D.C. 1 Mr. Beverly Smith, Saturday Evening Post, D.C. C.A.Laesch, Pres., First Natl. Bk. Lapeer,Mich. John J. DéVillars, Y.P., Natl. Chautauqua County Bank, Jamsfetown, N.Y. V.P. & Treas., First Service Corp., Minneapolis Murray Olyphant, Asst. V.P., Chemical Bank & Trust Co., N.Y.C. Franklin Pratt, Santa Monica, .Cal. Librarian, Stein & Roe, Chicago Librarian, American Bankers Assoc., N.Y.C. V.P. & Trust Officer, American Natl. Bank and Trust Company, Danville, Va. 1 1 Russell Wilkins, Contact, Nev. Library, F R Bank of Philadelphia President, Bank of Bogota, New Jersey Vice President, Tradesmens Natl. Bank and Trust Co., Philadelphia 1 Director of Research, Chase National Bank, N.Y.C. Dr* Raymond Goldsmith, Civilian Production Adm. , Natl. Bk and Trust Company of "•■''Norwich, New York Cashier, Fidelity Natl. Bank of Twin Falls Asst. Cashier, City Natl. Bank and Trust Company of Chicago V . P . , Natl. Bank of Commerce, New Orleans V . P . , Citizens Commercial & Savs. Bk, Flint,Mich. Asst. Treas., Bank of New York Exec. V . P . , Greenville Natl. Exchange Bk, Texas Library, F/ R Bank of Chicago 1st V.P., U.S. National Bank of Portland 1 1 6 1 1 5 1 1 3 1 1 1 1 1 1 1 1 1 1 1 5 1 tatement - Agriculture - IO/7/I46 BOARD OF GOVERNORS O F THE F E D E R A L R E S E R V E SYSTEM 33^/ ^ Randolph Paul -512 J. E. Reeve, Bu of the Budget 1 Cashier, First Natl. Bk & Trust Co., Elizabethtown, Pa. 1 Kincaid, V.P., F R Bank of Richmond 50 Jos. R. Garner,Aist. V.P., First National Bank of San Jose 1 Time Magazine 3 Olympia Br., Seattle-First Natl. Bank 1 Dr. Ralph C. Pease, Chardon, Ohio 1 Exec. V.P., First Natl. Bk of Meadville,Pa. 1 D. J. Kelly, Chicago 1 V.P. 1st Natl. Bank of Minneapolis 1 Ryman Herr, Flemington, N.J. 1 Director of Research, Chase Natl. Bank 1 Felix Cotten, International News Serv.,D.C. 1 V.P. City Natl, Bk., Wichita Ftalls, Texas 5 P.K.Dressier, Marshall & Isley Bk, Milwaukee 1 V.P. First Natl. Bank of Eugene 1 VjP. 1st Natl. Bank of Portland 1 Ij^^iam Hard, Readers Digest 1 G. Burger, Washington, D. C. 2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 10/11 Mr. Thurston Mrs. Cooke in the office Deputy Governor Wells, Farm Credit Administration, called and said that she had talked to Miss Poteet in the office of Mr. 0. V. Wells, Chief of the Bureau of Agricultural Economics, and that she said she would substitute the copy of the Memorandum on Economic Outlook for the transcript of Mr. E* s talk before the Conference on the 7th - and that if there was any question as to authority for doing it, or if they wanted a wformal1* request, Miss Poteet would get in touch with you by telephone* am* 0 i l c r n 1 ? BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Mr. Thurston The request -we received from Dr. Allen, Office of -the Chief, Dept, of Agricultural Economics is rather a large one I talked to his secretary (Miss Rutherford) this afternoon. They would like very much to have 50 copies, for distribution to their field people she said that they will no doubt "re-reproduce" it for they will need even additional copies - she said all the talks will eventually be printed in their "regular Outlook issues* and that copies as made available by us would be helpful in that they would not need further okeh by Mr. Eccles. Otherwise, the transcript of the talks given yesterday would be sent to the individual speakers for editing ahd. approval. Miss Rutherford asked that * call her when copies are available - and tell her at thUit^time Don’t •whether we can make available see why not. BOARD DF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Mr. Thurston I hate to bother you so often - but the newsmen are pestering me - the latest question oomes fl*om Mr, Royster sho says that the fact that the memorandum does not identify itself with Mr. Eooles confuses him - is it our intention that it should not be identified, and if not, whose views does it represent. That I couldn’t answer. Of course most of them know that the memorandum represent Mr. Eccles remarls at the /Agriculture Outlook Conference. What do I tell /Mr, Royster and others who inquire? mrqm BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 10/11 Mr. Thurston Mr. Mann of Pratt’s letter called and would like to have your okeh, (or disapproval), as soon as possible of his mentioning or rather suggesting in his letter, which goes to press at noon today, that everyone wiite in for a copy of the Memorandum on Economic Outlook, which he considers excellent n its clarity. He realizes we may receive^ many equests (in the hundreds) and if you feel that he requests would be too burdensome he will nderstand - and not make the suggestion. i Could you indioate yes or no - and 1*11 call r. Mann back.