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F E D E R A L R E S E R V E BANK O F S T . L O U I S ST.LOUIS 2,MISSOURI OFFICE OF THE PRESIDENT February 6, 1947 PERSONAL AHD CONFIDEHTIAL Mr. Elliott Thurston, Assistant to the Chairman, Board of Governors of the Federal Reserve System* Washington 25, D* C« Dear Elliottt Perhaps you saw the enclosed comment by Ray Moulden. It was carried in the Chicago Journal of Commerce of February 4« With best regards, I am Sincerely yours, Chester C« Davis, President• Enclosure This file contained a transcript of a copyright-protected article that has been removed. The citation for the original is: Moulden, Ray. “Washington Roundup: Regulation W to Stand.” Chicago Journal of Commerce, February 4, 1947, p. 3.