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December 1, 1950. Dear Lauch: I muat apologize for my long delay in replying to your very thoughtful Uki friendly latter of October 19. I left for the Vest just shortly befor mi did not return to Washington until about a week ago. I aia :till witii tne Federal Reserve Boa.ru ana expect to be until at least tne first if Febr. ; /nich will b. U M end of my seventeen years in public Mrriefet it si that that date may be a good time to make the complete transition txi.dk. to private life. "ling of futility and frustration in -. ublic job doosn'; U l l W with the ptftflinf of time. It is very eonsiaer^ce of you, MM well M flatteriag to me, to urge me to come to Colombia for tl rpoee of giving my advice on monetary, fiscal and banking aattcrflg M w-3ll as to ICOK ov oou&try with the possibilities for future work fo^* thfl Utah Construction in Riaci« I woula like very auch to make the trip you if I could s:e my way to ao so eithar now or in the &«*r futu^'e. 1 have so much to do if I M I going to fet out of Washington tad reestablished in the Vesi, during tfafl next few months that it woulxi be iaipossible fo -> the country. I appreciate year consideration of me. With the present teut* inttrmttfliT situation, it now looks like the v.iole course of our foreign trade and, I b^li^v^, c-ublic or private foreign loans tnd investments will be gi-eatly changed, 4x1 economic developments, insofar as help from the united States is concerned, will be greatly slaved up except where it becoaes necessary to develop raw materials aeroad to supplement our diicinishing supply or to provide new sources. Tne situation in which this country finds itself, due to unrealistic foreign policies as well s domestic economic policies, is vrry critical and calls for strong, intelligent, determined and courageous le^dersnip, which is greatly lacking in our present Government. Vhen do you plan U m i to the United States? I hope if I am still here waen you return 1 will heve an opportunity to hc-ve a long visit with you. I hope sll is goifig well with you personally ana that your mission is turning out entirely satisfactory to you. With v&rm personal regards, Mr. Lauchlin Currie, Mision de Aaministracion Publicaf Banco de la Republics, Republica de Colombia. Sincerely yours,