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CHEMICAL BANK & TRUST COMPANY ONE SIXTY-FIVE BRQADWAYN E W YORK FRANK K.HOUSTON PRESIDENT February 3, 1940 Dear Marrixier: I note with much interest your reappointment by the President, and wish to express my sincere congratulations• With personal regards, I am Sincerely Honorable Marriner Eccles* Chairman, Board of Governors, Federal Reserve System, Washington, B.C. February 6, 1940, Dear Frank: Your note of February 3 with regard to my renomination was very much appreciated. All things considered, it seemed better to have my name submitted again for confirmation, even though I cannot remain here indefinitely, V*hether the Senate vriLll consent is, of course, always a matter of doubt, particularly in times like these, but in any cas6, I was glad to have your congratulations. kindest personal.regards, Sincerely yours, Mr. Frank K. Houstof^ President, Chemical Bank & Trust Company, 165 Broadway, New York City*