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F ARM C R E D I T A D M I N I S T R A T I O N
W A S H IN G T O N , D .C .
W. I. M Y E R S
GOVERNOR

December 12, 1936.

Hon. M. S. Eccles, Chairman,
Board of Governors,
Federal Reserve System,
Washington, D. C.
Dear Governor Eocless
In the absence of Governor Myers, who is
on a trip to the Pacific Coast, this will acknowledge
your letter of December 10 together with a copy of
your address before the Seventh New England Bank
Management Conference of the Mew England Council on
November 13, 1936.




Governor Myers is expected to return to Washington
on December 17 and your letter will be brought to his
attention at that time.
Very truly yours,

Mildred R. MacDonald,
Secretary to the Governor.