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FEDERAL RESERVE BANK
OF DALLAS
R.R.GILBERT

March 2 9 ,

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PRESIDENT

PERSONAL AND CONFIDENTIAL

Mr. Marriner S. Eccles
Care Board of Governors of the
Federal Reserve System
Washington 25, D. C.
Dear Governor Eccles:
I have read with a great deal of interest your
letter of March 20, 191*7, and attachments, and, as requested,
will prepare and mail to you within the next week or ten
days a memorandum setting forth my recollection of the statements and comments made by Governor Vardeman at the luncheon
in San Antonio on January 6, 19U7, which we arranged at his
suggestion. Some of the statements and comments included in
the memorandum which accompanied your letter were also made
at the meeting in San Antonio•
I am enclosing a memorandum which will give you
such information as I have been able to obtain about Mr.
Walter W. Schroeder of New Orleans, Louisiana, from which
you will observe that his banking experience has been limited to very few activities. If I am able to obtain any additional information about his background or business experience, I will communicate with you again.
With kindest personal regards and all good wishes,
I am
Sincerely yours,

R. R. Gilbert
President
Enclosure



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Mr. Walter W« Schroeder was born in Illinois, moved to
New Orleans when he was a very young man, and became connected
with the old Canal Bank and Trust Company of that city, predecessor
of the National Bank of Commerce.
He served for sometime as a paying or a receiving teller,
and when the bank closed he was connected with its bond department.
In the reorganization he became associated with the public relations officer of the bank, who was a Mr. Bandi. When Mr. Bandi
died several years ago, Mr. Schroeder succeeded him as the public
relations officer at the National Bank of Commerce, of which institution he is now a vice president. Mr. Schroeder is reported to
be an outstanding public relations officer.
He is a past president of the Rotary Club of New Orleans
and takes considerable interest in civic affairs. He is in his
early fifties, is married, and has one son who married recently
and who is now employed by a bank in Baton Rouge, Louisiana, He
is considered to have the equivalent of a college education, but
his banking activities do not include any experience in credits or
in many other phases of banking.