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THE WHITE HOUSE
WASHINGTON

July 7,

1944

Dear Marriner:
Although I appreciate the force of the
point made in the recent report of Senator
George's Postwar Committee with respect to
the desirability of eliminating overlapping
functions in government, I do not think this 11
is a good time to be thinking of "streamlining
the Federal banking agencies.
Let's put it on the shelf for the rest
of this year, at least.
Sincerely yours,

Hon. Marriner S. Eccles
Chairman, Board of Governors
Federal Reserve System
Washington, D. C.