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Q 0 P I THE WHITE HOUSE Washington Hyde Park, New York, November 1, 1935- MEMORANDUM FOR GOVERNOR ECCLES. Here is another suggestion I wish you would look up. F. D. R. THE WHITE HOUSE PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE S3OO OFFICIAL B U S I N E S S Honorable Marriner S. Eccl^s, Governor, Federal Reserve Board, Washington, D. C. Dear Franklins The name of Ralph Manual has been placed before you as a possible appointee as a Governor of the Federal Reserve System. As a friend of his I would like to add my personal endorsement. I can speak of Manual as a high class coiapetitor, for whom nobody has an axe to grind and of whom a l l are fond, friends, associates ant! competitors. He has ali?ays been a student of banking, and nobody out here has any clearer idea of banking legislation than he, from a practical as r e l l as a technical standpoint. Since this i s but a personal l e t t e r , l e t me add that the Cewey family and I had great pleasure tlds summer in having Cornelia Bewey v i s i t us for a month. She never looked better and certainly she gets a tremendouc amount of good and pleasure out of Warm Springs. I t i s a wonderful place. With much interest have I watched legislation during the l a s t few years, and I agree with your ra<3io announcement th^t if nothing else had been enacted your Social Security Act alone mmld be an outstanding monument of achievement for the 74th Congress. Respectfully, The Honorable Franklin D. Roosevelt, The White House, Washington, D. C. October 11, 1935.
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