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25

May 22,

The Honorable J. A« Xrug,
Chairman,
War Production Board,
Social Security Building,
Washington 25, D. C.
U
"
Dear Mr. Sr*tg:
I -very much appreciated your coming over to
luncheon and giving ite an opportunity to discuss the
W&gner-Spence Bill, which would permit the Beserve System to carry on the same lending mechanism during the
next few years that has operated so successfully under
the so-called V and T programs for the Army, Navy and
Maritime Commission*
I neglected to give you a copy of the amended
bill as introduced by Senator Wagner and Mr. Spence,
the respective Chairmen of the Senate and House Committees on Banking and Currency. Accordingly, I am enclosing a copy, thinking it might be useful for reference
when you write the letter that you were good enough to
suggest to Wagner and Spenoe in support of the measure.
I certainly am glad to have your cooperation
in this regard and would appreciate your sanding me a
copy of your letter if convenient.
With kindest personal regards.
Sincerely y o u « .

H. S. Bcoles,
Chairman.
Enclosure