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Executive Committee: Raphael Ab ram o vitch • D avid Dubinsky • Clinton S. G o ld en • John Green • W illia m Green • G e o rg e M . Harrison • Louis H o lla n d e r • Jam es T. Shotwell
M atthew W o ll • Members: Raphael A b ram o vitch • Irving Abram son • N orm an An ge ll • Luigi Antonini • Siegfried Aufhauser • E. W ig h t Bakke • Solomon Barkin • Joseph Baskin
O m e r Becu • W illia m E. Bohn • Alfred Braunthal • Paul Brissenden • H arve y W , Brown • Eveline M . Burns • J . P. C h a m b e rla in • Nathan Chanin • John L. C hilds • M . J . Coldw ell
J . B. C on d liffe • Pat C onroy « G e o rg e S. Counts • Frank R. Crosswaith • D ayid D allin • Max Danish • H enry D avid • Jules DeKock • Fernando de los Rios •G e o rg e Denike • John
Dewey • D a v id Dubinsky • Israel
A d o lph H eld • Elinore M. Herrick
Feinberg • Ernst Fraenkel • John
Louis H o lla n d e r • Sidney Hook
P. Prey • C . J . Friedrich - H a rry
H a rry P. H ow ard • O scar Jaszi
0 . G ideonse • Clinton S. G olden
Alvin Johnson • Alexander Kahn
C arter G o o d ric h • M ax Gottschalk
H o ra ce M . Kallen • Mrs. L. Krier
Frank D. G ra h a m • John Green
Becker . Leo Krzycki . H a rry W .
W illia m Green • H a y im G re en ­
La id le r • H a rry Lang • O scar
berg . Felix Gross • A . B. Halasi
Lange • Algernon Lee • A b b a P.
Ernest J . H a m b u rg e r . J . B. S.
Lerner . S - M . Levitas • Eva LewWilliam Green, Chairman
David Dubinsky, Vice-Chairman
Varian Fry, Executive Sec'y
H a rd m a n • G e o rg e M . Harrison
inski • D avid Lewis • Marx Lewis
A d o lp h Lowe • G e o rg e Q . Lynch . R. M . M a c lv e r • J . Marschak • Sz. Mendelson . A b ra h a m M iller : Frieda S. M iller • I. M . Minkoff • Nathaniel M . Minkoff • Broadus Mitchell
Franco M o d ig lia n i • A . R. Mosher • H ans P. Neisser • J a c o b Pat • Selig Perlman * Emil Rieve •J.S a lw y n Schapiro • Rose Schneiderman • F. R. Scott • Sanford Schwarz • Solomon
Schwarz • Toni Sender • Joseph Shaplen • Boris Shishkin • J . T . Shotwell • G e o rg e N . Shuster • Hans Simons • A rn e Skaug • G e o rg e Soule • Engene Staley • Friedrich Stampfer
M ark Starr . Hans Staudinger - A d o lf E. Sturmthal • Monroe Sweetland • Philip Taft • Lazare Tep er . Florence Thorne • Frederick Um hey • Paul Vignaux . M ark Vishniak • J . Ray­
m ond Walsh • Robert J . W a tt .Josep h W ein be rg . W illia m W ithers •Samuel W olchok •Matthew W o ll - W la d im irS . Woytinsky •Frieda W underlich •M axZaritsky •Charles S. Zim m erm an

AMERICAN LABOR CONFERENCE
ON IN TERN ATIO N AL AFFAIRS
9 EAST 46th STRE , NEW YORK 1 , N Y
ET
7 . .

T l PLaza 3-9172
e.

Januaiy 16th, 1945

F e d e r a l R eserve B u l l e t i n
F e d e r a l R eserve B oard
B oard o f G overnors o f the
F e d e r a l R eserve System
W ashington, D .C.
D ear S i r s :
1 wonder i f you co u ld send u s 100 r e p r i n t s o f th e a r t i c l e t y M. S .
E ck les in the December, 1944 is s u e o f the B u l l e t i n e a t i t l e d "The
P ostw ar P r ic e Problem - I n f l a t i o n o r D e fla t io n ? "
I sh o u ld l i k e to send than to the r e s e a rc h and education d ir e c t o r s
o f American la b o r u n io n s .

I

o u rs^ v eiy t r u l y ,

H
V a r ia n Fry
E xecu tive S e c re ta ry
1
rf/ rh

Digitized • e » «
for FRASER





January 19, 1945«

M r. V arian F r y ,
E x e c u tiv e S e c r e t a r y ,
A m e r ic a n Labor C o n f e r e n c e
o n I n t e r n a t io n a l A f f a i r
9 E a s t 46th S t r e e t ,
New Y ork 17, New Y o rk .

s ,

Dear M r. F ry :
I n accordance w ith your req u est o f
January 16, 1 am sen d in g under s e p a ra te co ver
100 r e p r i n t s o f th e a d d ress giv e n by Chairman
I c c l e s b e fo r e th é N a t io n a l I n d u s t r i a l C o n fer­
ence B oard , th e t e x t o f which appeared in th e
F e d e r a l R eserve B u l le t i n f o r December, 19A4»
S in c e r e ly y o u rs,

Elliott Thurston,
Special Assistant
to the Chairman.

b

Executive Committee: Raphael A b ram o vlfch • D avid Dubinsky • Clinton S. G o ld e n • John G reen • W illia m Green • G e o rg e M . Harrison • Louis H o lla n d e r . Jam es T. Shotwell
M atthew W o ll • Members: Raphael A b ra m o vitch • Irving Abram son • No rm an A n ge ll • Luigi Antonini • Siegfried Aufhauser • E. W ig h t Bakke • Solomon Barkin • Joseph Baskin
O m e r Becu • W illia m E. Bohn • Alfred Braunthal • Paul Brissenden • H arve y W . Brown . Eveline M\ Burns • J . P. C h a m b e rla in • Nathan C hanin • John L. C hild s • M . J . Coldw ell
J . B. C on d liffe • Pat C on roy - G e o rg e S. Counts • Frank R. Crosswaith • D avid Dallin . Max Danish • H enry D avid • Jules DeKock • Fernando de los Rios •G e o rg e Denike • John
Dewey • D a v id Dubinsky ♦ Israel
A d o lp h H eld • Elinore M . Herrick
Feinberg • Ernst Fraenkel • John
Louis H o lla n d e r . Sidney Hook
P. Prey • C . J . Friedrich < H a rry
*
>
Harry P. H o w a rd • O scar Jaszi
) . Gideonse • Clin ton S. G o ld en
A lvin Johnson • Alexander Kahn
C a rte r G o o d ric h • M ax Gottschalk
H o ra ce M . Kallen • Mrs. L. Krier
Frank D. G ra h a m • John Green
Becker . Leo Krzycki • H a rry W .
W illia m Green • H a y im G re e n ­
La id le r • H a rry Lang • O scar
berg • Felix Gross • A . B. Halasi
Lange • Algernon Lee • A b b a P.
Ernest J . H a m b u rg e r • J . B. S.
Lerner • S - M . Levitas • Eva LewWilliam Green, Chairman
David Dubinsky, Vice-Chairman
Varian Fry, Executive Sec’y
H a rd m a n • G e o rg e M . H arrison
inski • D avid Lewis • M arx Lewis
A d o lp h Lowe • G e o rg e Q . Lynch . R. M . M a c lv e r • J . Marschak • Sz. Mendelson • A b ra h a m M iller , Frieda S. M iller • I. M . Minkoff • Nathaniel M . Minkoff • Broadus Mitchell
Franco M o d ig lia n i • A . R. Mosher • H ans P. Neisser . J a c o b Pat • Selig Perlman • Emil Rieve • J.S a lw y n Schapiro • Rose Schneiderman • F. R. Scott • Sanford Schwarz • Solomon
Schwarz • Toni Sender • Joseph Shaplen • Boris Shishkin • J . T. Shotwell • G e o rg e N . Shuster • Hans Simons • A rn e Skaug • G e o rg e Soule • Engene Staley • Friedrich Stampfer
M ark Starr • Hans Staudinger • A d o lf E. Stumithal • M onroe Sweetland • Philip Taft • Lazare Tep er . Florence Thorne . Frederick Um hey . Paul Vignaux . M ark Vishniak . J . Ray­
m ond Walsh • Robert J . W a tt - Joseph W ein be rg •W illia m W ithers •Samuel W olchok •Matthew W o ll - W la d im irS . Woytinsky •Frieda W underlich . M axZaritsky •Charles S. Zim m erm an

A M E R IC A N LABOR CONFERENCE
ON INTERNATIONAL AFFAIRS
9 EAST 46th STREET, NEW YORK 1 , N. Y
7
.

T l PLaza 3-9172
e.

\r

)

v*
January 22nd, 1945

M r. £ l l i o t t T h u rsto n ,
S p e c i a l A s s is t a n t to th e Chairman
B o a rd o f Governors o f th e
F e d e r a l R eserve System
W ashington 25, D. C .
D ear M r. Thurson:
Thank you v e ry much in d eed f o r th e r e p r i n t s o f the a d d re ss
g iv e n b y Chairman E c c le s b e f o r e th e N a t io n a l I n d u s t r i a l
C on feren ce B o a rd .
Ve a r e sendin g th e se o u t t o th e Research and E ducation
D i r e c t o r s o f a l l American l a b o r u n io n s .
i
fXdurs v e ry t r u l y ,

V a ria n Fry
J
E x ecu tiv e S e c re ta ry
v f/ r h