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COPI
THE SECRETARY OF THE TREASURY
Washington

February 2, 1942

Dear Marriner:
I have your letter of January 28, 1942, enclosing a
memorandum which expresses the unanimous view of those




present at your meet'Ing on Friday, January 235 on the
program of Treasury financing that might be followed
during the war period.
I appreciate your sending this to me. I have turned
it over to the various staff members for study and we will
probably want to discuss it with you at some later date.
Sincerely,
(Signed) Henry
Secretary of the Treasury
Honorable Marriner S. Eccles,
Chairman,
Board of Governors of the
Federal Reserve System
Washington, D. C.