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Uy detiT Urm Ho©»«v©lt«
I enclose a oopy of the Board's
twenty-fourth annual report t o the Ccngre»*# aubto the speaker of th« :iou«© tmd«r d*t« of
4 # 18S8 t and 1 ah*ll aesd you a
bound Yolisn» at. aocn a s th«y a m available*

Cbainaan.
Knolosure

ionormble
,
ecretary to the President,
The

JiD/ebb
4/6/38

TtfE WfrlTE HOUSE
WASHINGTON
April 8,

1938

My dear Mr. Eccles:
I have your note of April sixth
and thank you for your kind thought in sending me a copy of the Annual Report of the
Board of Governors of the Federal Reserve
System, I am indeed glad to have it.
With kindest personal regards, I
am
Very sincerely yours,

JAMES ROOSEVELT
etary to the President

Honorable M. S. NEccles,
Chairman, Board or Governors
of the federal Reserve System,
Washington, D. C.