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August 18, 1947 Mr, J* Burke Inapp Board o£ Governors Federal fieeerve System Washington 25* D* C* Dear Burkes I acknowledge receipt of ytmr letter of August 12th enclosing a letter to Secretary Snyder for m& signature* I am glad that the Treasury and State Department® decided to h a w the National Advisory Council undertake the negotiations for the American aide with the British delegation headed by Sir Wilfred lady* I regret that I a® not able to be in Washington at this time to assist in the negotiations, however, I have discussed with you the matters that are likely to erne up in the discussion with the British and you are fully advised as to my views and I have every confidence that you and Governor Szymcsak will be fully able to represent me in any and all negotiations* 1 think it was very wise for you to cancel your reservations on the Queen Elisabeth, sailing August 16th* It is much more important that you be in Washington for the next two weeks even if it means you will have to forego the planned two weeks* trip on the continent* I will be here until Saturday morning when I am leaving by auto for Sun ¥alley, Idaho* 1 expect to be there until Tuesday, the 2frd, when I will return to Ogden* If it is essential, you can reach me by phone here at Ogden or Sun Valley* I have gone over carefully and signed the letter to Secretary Snider which you prepared in accordance with instructions given to you prior Mr# J* Burite Kn&pp -2k to my leaving Washington* I think the letter cohere quite adequately the matters that I wanted to take up with the Secretary prior to hi® attendance at the London meeting* Inasmuch as Mr« Sproul is going to the London meeting, it may be desirable to send him a copy of the letter. Also* give S&ymcssak a copy* advising them it is in accordance with my suggestion* Sincerely yours, U, S. ECCLIS MSBtvh Bncloaure
