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OF SALT LAKE CITY

CHAS. L. SMITH
PRESIDENT

February 6, 1QA0

Mr. Marriner S. Eccles, Chairman
Board of Governors of the Federal Reserve System
Washington, D. C.
Dear Marriner:
All of us here have been very much interested ir
the announcement of your recent appointment to. serve
as Chairman of the Board of Governors of the Federal
Reserve System for an additional four years. Even though,
you may not care to remain for this entire period, we
are certainly very happy that you have placed your
services and ability at the disposal of the Government
during these trying times.
I understand that George is to return tomorrow,
and we rill be very much interested in petting the
latest word of the Washington doings from him.
every Kood wish, I am,
Cordiallv yours,

CLS:jeg




February Ik, 1940.

Dear Charley:
Your letter of February 6 with regard to my reappoint merit is very much appreciated. It would not have
surprised me had it encountered some oratory in the Seriate,
but fortunately it did not and went through without a
ripple, which is a relief*
George
Washington scene
probably doesn't
asmuch as I, for

has all the pertinent information on the
that we could supply him, although it
answer some of the burning questions inone, do not know the answers.

I am sending you a copy of the book that Harper's
has put out, containing most of my papers* I thought that
some of my close friends might be irt arested in having it,
even though, like yourself, they have heard me expound and
will find nothing new between the covers of this book. I
might add that I have not yet seen any reason to ta*ce back
what I have had to say in Droad outline, even though I have
not noticed any great stampede of banking and business
leaders to adopt the same general viewpoint.
Again vri.th thanks for your letter, and with every
good wish, I am
Sincerely yours,

Mr* Mnarles L. Smith, President,
First National Bank of Salt JUake City,
Salt Lake ^ity, Utah*

ET:b




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