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F o r m N o . 131
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(Jrhce Correspondence
Governor Ecclee
From

FEDERAL RESERVE
FEDERAL
RESERVE

B0MU>

n ^ . November 4 f 1955

Subject: Major L. L. B.

J , VL+ Daigtsx ^
• •>•

Major L. L. B. Angae, the English stock broker whose
pamphlet of a year or two ago, "The Cooing American Boom* got
him a good deal of notoriety and subsequently a job in New York,
was placed next to me at the recent dinner in New York to
Roy M. Wenzlick, of the Heal Estate Analyst, Inc., St. Louis.
You may encounter him at New Orleans, since he is on the program
of the general convention; and you may find that he has in some
respects anticipated in his address some of the things that you
will say in yours •
I have not read either of the pamphlets writtenfcyAngas,
but the man himself impressed me as being very superficial and
much too glib* I notice that in the address which he made the other
day et the Young Men's Board of Trade in New ^ork he appropriated
and apparently gave out as his own material that I know he had
never heard of until he heard Wenzlick's address.
The fellow looks and talks like a parrot, and I dare
say that after he hears your speech he will soon be making it
himself•




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