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DUNCAN U. FjLETCHER, FLA., CHAIRMAN CARTER GLASS, VA. PETER NORBECK, S. DAK. ROBERT F. WAGNER, N. Y. JOHN G. TOWNSEND, JR., DEL. ALBEN W. BARKLEY, KY. ROBERT D. CAREY, WYO. ROBERT J. BULKLEY, OHIO JAMES COUZENS, MICH. THOMAS P. GORE, OKLA. FREDERICK STEIWER, OREG. EDWARD P. COSTIGAN, COLO. — — — - -----------ROBERT R. REYNOLDS, N. C. JAMES F. BYRNES, S. C. JOHN H. BANKHEAD, ALA. WILLIAM GIBBS MC ADOO, CALIF. ALVA B. ADAMS, COLO. FRANCIS T. MALONEY, CONN. GEORGE L. RADCLIFFE, MD. C O M M IT T E E ON BANKING AND C U R R E N CY WILLIAM L. HILL, CLERK ¿¿Denale '¿HCutieb December 1?., 1956. Hon. M. S. Eccles, Board of Governors of the Federal Reserve System, Washington, D. C. % dear Governor ^ccles: Thank you very much for your courtesy in furnishing me with a copy of the speech you gave before the 7th New England Bank Management Conference of the New England Council in Boston. I shall find an early opportunity to read it, and am sure I shall find it interesting and instructive. With best regards, HP