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GENERAL. COUNSEL TREASURY DEPARTMENT WASHINGTON July 12, 1937 Dear Governor Eccles: Confirming our telephone conversation of this morning, the following is one item of a further request for information which this Department has received from Miss LeHand: n 3* A statement of the results, if any, of the President's letter to Senator Pletch'er and Representative Steagall, dated March 19, 1934* with respect to creating twelve credit banks for industry*M lour offer to have this material prepared,and included with the matter now being assembled in response to an earlier request, is very much appreciated. Sincerely Honorable Marriner S* Eccles Chairman, Board of Governors of the Federal Reserve System.