View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

©Jjr Srnnomtr (Blub
of Srirott

6460 Kercheval Avenue
June 16| 1938

Kir* Elliott Thurston
Special Assistant to the Chairman
Board of Governora, Federal Reserve Syston
Washington, D. C.
My dear Mr. Thurston:
Answering your letter of June 3rd, will you
kindly undertake to arrange a Monday noon which will be
satisfactory to Chairman Eccles or Mr. Draper following Monday,
January 16th (to which our meetings are now scheduled), whereby
either of these men will arrange to address several hundred of
Detroit’s leading business and professional men at a luncheon
which we hope to arrange in their honor under the auspices of
The Economic Club of Detroit and on which occasion the one
so favoring us would be the only speaker*
For reasons with which you and your associates
are quite familiar, Detroit affords a most important point
of vantage from which the work of the Federal Reserve System
in relation to industry can be set forth and you may be
assured that the business and financial interests represented
with this area will make every effort to see that such an
occasion is eminently worthwhile for all concerned.
We have found by holding our meetings on Monday
noons that our guests coinin'? from Washington can leave Sunday
night, returning to their desks Tuesday morning so as to be
away not more than one business day, and we believe that the
contacts which such a meeting would provide will prove mutually
helpful.
Awaiting your further word with much interest, the
writer remains,

ABCjBD
Enc.






6460 Kercheval Avenu e
Juno 16, 1938

Hon. graest 0« Draper
Governor, Federal Reserve Board
Federal Reserve Systaa
Washington, D. C#
My dear Mr« Draper:
Answering your letter of May 28th, the
writer has oomunieated with Mr. Thurston, per the
copy attached herewith.
We trust, therefore, that you or Chairman
Secies can arrange a mutually convenient date soas
time this winter following Monday, January 16th,
when we would have an opportunity to give you a
closer contact with the business and professional
interests of Detroit in a way which we believe would
prove very haLpful to you in outlining the policies
and program which have been intzusted to your super*
vision in Washington.
Very gratefully yours,

Allen B. Crow,
President
ABC:BD
2oc.