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November Dear John: Attached is copy of a letter from the able Mr. Upgren «faich the Chairman thought you might be interested in seeing confidentially, if only to explain the meaning of the one word. Our profane vocabulary is very limited, as you know. What we would like to know is what you thought of the same performance, assuming a Yale man is willing to say what he really thinks. Faithfully, Mr. John H. Peyton, President, Federal Reserve Bank of Minneapolis, Minneapolis, Minnesota. P.S. I don't care to be reminded of last Saturday's football score. B.T. Attachment ET:b MINNEAPOLIS STAR- JOURNAL AND TRIBUNE ARTHUR R. UPGREN ASSOCIATE EDITORIAL EDITOR MINNEAPOLIS STAR-JOURNAL November 6, 1946 Personal Mr. Marriner Eccles, Chairman Board of Governors of Federal Reserve System Washington 25, D. C. Pear Governor Eccles: Last Friday John Peyton had a group of visitors in to hear your fellow member, Vardaman, expound some of his p o l i t i c a l and economic views. Though he makes proper qualifications of the precise way in which he raises his criticisms, I couldn't "be frank if I didn't describe my impressions in just one word: "Godfandamtastic." Very cordially yours, Arthur R. Upgren c"bv Hoveaber 18, l$Ji*6. Dear Mr. ffpgre&s Tour not© of November 6 with &ard to John Peyton** meeting was partiou Itirly ltiterestixtg to ma, and I appreciate ha-viug your oorawentary. IncidwaUtlly, i t adds a new and apt word to &y vocabulary. beet re^arda, Sincerely yours. ~ Mr. Arthur R. Upgren, Astooiate Editorial Sditorff Minneapolis Star-Journal, Minneapolis # Minnesota. ET:b