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l 8ft, 1329.

I vast to off©r you ay cosapliand eoaAjratulatiaaa on the fiaa work
d i s prest&tin^ your -rie^s- oa
Act before tise GosEn

I feel ^ure that this | i
thin;, to do fros; an ecoiia^ic
NMUMM standc-oi^t €c:d that yowt action
will b m the ^unertl ^pproTal -aUicli i t

Sincerely fU

Kenry
of the
-ET":b

TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
W A S H INGTON

March 27, 1939.

My dear Mr. Eccles:
In the absence of the Secretary, who
is away on a brief vacation, I am acknowledging your letter of March 25th.
It will be brought to Mr. Morgenthaufs
attention as soon as he returns to the
office, and in the meantime I am sure he
would wish me to thank you for your words
of commendation concerning his recent
appearance before the Committee.
Sincerely yours,

H. S. Klotz,
Private Secretary.

Honorable Marriner S, Eccles,
Chairman, Board of Governors,
Federal Reserve System,
Washington, D. C.