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November 6, 1947. Dear Allan: Before leaving the office &t a let© hour 1^ t eTenlng the Chairmn aaked me to raise vith you the • uesticn of whether you felt it voulrt he desirable to send copies of tLi* correspondence to the other aesbers of the Open Market Comittee. He would have mentioned it to you himself, but he had to ie&v© at the crac« of &%vn to keep his appointment vith Ai Vllli&as and Bill Kurt* in Philadelphia. . As h© said triis corres , ndeace is b-etween you himself, MMl co;ies do not lecesssrily need to be seat to the QpMI ?l^rket Cosaittee, but thiit if you M M no objection to doing so he felt it :Ji£,ht be veil, so that they aiicht have the benefit of the discussion. Sincerely yours, E l l i o t t Thuraton, Assistant to the Chairman. Mr, Ali.&n Sproul, President, l siemrve Bank of Btm York:, York. 45* if* lork* P. S. M. S. E. taentioaed only the 0. H. Committee, but \ as this is a discount matter I think it ought to go to all the Presidents.