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August Hi. 19U2. Dear fint X recently reoeiTed * letter f ram Governor Towers of the Sink of Canada., with certain enclosure*, outlining the nanner in which Canada has net development* on the econosdo front through vigorous fiscal and Monetary policy as well as by direct action. this letter was so interesting and infonaative that I had I t photostated and I am enclosing a copy for your information, feeling that you would be Interested in studying i t s contents because of your responsib i l i t y , particularly in the fiaoal field* Sinoerely yours, Honorable Daniel W. Bell, Under Secretary of the Treasury, Washington, D. C. Enclosure MS£:VE:b (IDENTICAL LETTER SENT TO MR. PAUL AND MR. HAAS)