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SAVINGS BANK J OUR N A L 110 East 42nd Street, N ew York, N. Y. A S hland 4-5 4 4 0 MILTON W. H A R R I S O N • PU B L IS H ER H A R O L D M. S H E R M A N • EDITOR GERALD DUMARS -ADVERTISING MANAGER February 27, 1940. Hon. Elliott Thurston, Assistant to Chairman, Federal Reserve Board, Washington, D. C. Dear Kr. Thurston: I greatly appreciated your attendance last evening at Round Table Discussion II and know we all enjoyed your presence and the contribution you made. Within a few days I will send you a copy of the story of the conference record in order that you may edit your participation. With kindest personal regards, I am Faithfully ynurt Milton W. Harrison Publisher SAVINGS BANK J OUR NA L 110 East 42nd Street, New York, N. Y. A Ski and 4-5 440 MILTON W. H A R R IS O N • PU BL ISH ER H A R O L D M. S H E R M A N • ED ITOR GERALD DUMARS -ADVERTISING MANAGER February 27, 1940. Hon. Marriner S. Eceles, Chairman, Federal Reserve Board, Washington, D. C. Dear Governors I greatly appreciated your attendance last evening at Round Table Discussion II and know we all enjoyed your presence and the contribution you made. Within a few days I will send you a copy of the story of the conference record in order that you may edit your participation. With kindest personal regards, I am Milton W. Harrison Publisher MNHtUL SAVINGS BANK J OUR N A L 110 East 42nd Street, New York, N. Y. A S hland 4-5 440 MILTON W. H A R R IS O N • PU B L IS H ER H A R O LD M. S H E R M A N • EDITOR GERALD DUMARS • ADVERTISING MANAGER March 4, 1940» Eon» Elliott Thurston, Assistant to Chairman, Federal Reserve Board, Washington, D. C. Dear F r . Thurston: I attach mimeograph copy of the story on Round Table Discussion II with relation to "Explor ing the Government Securities Outlook" held recently at the Metropolitan Club in Washington, D» C», of which you were a conferee. Will you please check your par ticipation in this conference as it relates to the story and return it to me with corrections at the earliest pos sible moment since it is our earnest desire to submit the copy to our press not later than Friday morning, March 8, 1940. I know this may be crowding you, but you may be assured it will be a real contribution in assist ing us to get this story to the public as close as pos sible to our regular publication date. Witii appreciation for your cooperation in this respect, and with kindest regards, I am Cordially yoursT" ___ Lilt on TV. Harrison Publisher P. S. - Kindly refer to Page 22, Line 28^ and fill1 in the proper amount. Thank you, K . W. E . FO RM F . TELEGRAM 248 BOARD OF GOVERNORS OF T H E FEDERAL RESERVE SYSTEM L EA SED W IR E SE RV IC E . RECEIVED AT W A S H I N G T O N , 1) L D. C. Vi* Uoloa T*1 NEWYORK NY MAR 7 1142A UHCjN MARRINER S ECCLES CHAIRMAN FEDERAL HOPE IT IS RESERVE BOARD NO IM P O S IT IO N TO SUGGEST THAT IF P O S S IB L E CORRECTED MANUSCRIPT OF STORY BE SENT TO ME TODAY HIGH REGARDS MILTON W HARRISON. 12^2PM L March 8, 1940, sir* Milton W. Harrison, Publisher, Savings Bank Journal, 110 East 42nd Street, Mew York, Net? York. Dear Mr, Harrison: In accordance with our telephone conversation or this morning, I as returning herewith the transcript of the Round Table Discussion on the subject of the "Government Securities Outlook” , held here on February 26, This transcript contains the corrections both of Chairman Eccles’ and also of Dr, Goldenv^eiser’s remarks* As I said to you, however, the Chairman would not approve of publication, so far as his remarks are concerned, unless a transposition is effected so that Mr. 0 #Connor*s discussion of a to 7 billion dollar Federal budget precedes Mr. Eccles’ remarks, beginning on page 20, line 19, and extending to page 24, line 10. The Chairman’s coiazaents on these pages were called forth, as the context shows, by Mr. 0 ’Connorfs references to the 6,4 to 7 billion dollar budget. To reverse the order, as the uncorrected tran script does, removes the reason for this part of the Chairman’s remarks. It makes no particular difference ?fhether Mr. Eccles’ remarks are transposed to the end, as suggested in red pencil on the transcript, or whether Mr. O ’Connor’s statement at the end is moved up to precede the former. However, it is important to preserve the correct sequence* Thanking you again, I am Sincerely yours, Elliott Thurston, Special Assistant to the Chairman. Enclosure
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