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Linn W . Severer
1861

BRAEBURN

ALTADENA,

ROAD

CALIF.

August

16,

194S

AIRMAIL

Honorable M a r i n e r E c c l e s
F e d e r a l Reserve Board
Washington, D. C.
Dear S i r :
S e v e r a l weeks ago you appeared b e f o r e a Committee o f t h e
Congress and gave some v e r y i n t e r e s t i n g t e s t i m o n y i n r e g a r d
t o f i n a n c i a l m a t t e r s o f t h e c o u n t r y and f i s c a l o p e r a t i o n s
o f t h e government and y o u r Board. Out here we saw v e r y
l i t t l e about i t i n t h e p a p e r s , g e t t i n g a s m a t t e r i n g f r o m
t h e r a d i o , and f r o m we h e a r d , y o u r remarks must have been
q u i t e i n t e r e s t i n g and i n f o r m a t i v e .
F o r a group o f younger v e t e r a n s , I am r e q u e s t i n g a f u l l
copy o f y o u r t e s t i m o n y o f t h r e e o r f o u r days as I r e c a l l ,
o r whatever e x t e n t i t covered. And i f y o u have o t h e r
comments a v a i l a b l e i n r e g a r d t o f i s c a l p o l i c i e s o r can
g i v e r e f e r e n c e s , t h e y TOuld be a p p r e c i a t e d .




August 30, 1948.

M r . L i n n to* S c h e r e r ,
1851 *>raeburn ftoad,
Altadena, C a l i f o r n i a .
Dear M r . S c h e r e r :
T h i s i s t o acknowledge y o u r l e t t e r
o f august 16 t o M r . E c c l e s , who i s on a v i s i t i n
the west.
He r e q u e s t e d me t o send you c o p i e s o f
t h e t e s t i m o n y b e f o r e t h e Senate and House b a n k i n g
and Currency Committees. The c o p i e s have j u 5 t come
f r o m t h e Government P r i n t i n g O f f i c e , which accounts f o r
t h e delay i n responding t o your i n q u i r y .
Sincerely yours,
(Signed) E l l i o t t

Thurston

E l l i o t t Thurston,
A s s i s t a n t t o the Board.
Enclosures 2

ET:b