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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