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T H E A S S IS T A N T S E C R E T A R Y O F C O M M ERC E
W ASHINGTON

Jan u ary 2 9 , 1 9 3 7 .

My dear Governor:
Just one more word of appreciation for
your speech before the Business Advisory Council
at the luncheon today.
Everywhere I heard
exceptionally favorable comments about your remarks.
It was an educational process which will go much
further than may appear on the surface, and I want
to tell you how much we all appreciate the clarity
with which you presented the subjects discussed.
With best wishes, believe me
YougC cordially,

Ernest G.^Draper,
Assistant Secretary of Commerce.

Mr. Marriner S. Eccles,
Governor,
Federal Reserve Bank Board,
Washington, D. C.