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P r e s id e n t P.M. HAIGHT IN TERNATI. GENL. ELEC. CO., INC. NEW YORK, N. Y. V ic e -P r e s id e n t V ic e - P r e s id e n t V ic e - P r e s id e n t Ex e c u t iv e M g r . S e c . & T r e a s . PAUL FIELDEN RALPH T . FISHER AMERICAN TRUST CO. OAKLAND, CAL. E. PILSBURY HENRY H. HEIMANN B. ROSENBERG & SONS NEW ORLEANS, LA. ONE PARK AVENUE NEW YORK, N. Y. NORTON COMPANY WORCESTER, MASS. the ASST. EXECUTIVE MGR. DAVID A. WEIR CHICAGO OFFICE 33 SOUTH CLARK STREET CHICAGO C o m p t r o l l e r & A s s t. T r e a s . W. S. SWINGLE WESTERN DIVISION 333 MONTGOMERY STREET SAN FRANCISCO ONE PAR K AVENUE, NEW Y O R K BOARD OF DIRECTORS D. I. BOSSCHART EN G-S KELL CO. SAN FRANCISCO, CAL. L. J. BRADFORD LUNKENHEIMER CO. CINCINNATI, OHIO W .G.BUCHANAN COUNCILOR * BUCHANAN WASHINGTON. D. C. November 25, 1925 OSBON W. BULLEN LEVER BROS. CO. CAMBRIDGE, MASS. H. E. ENGSTROM G. SOMMERS A CO. ST. PAUL, MINN. W. C. GRIMMER JOANNES BROS. CO. GREEN BAY, WIS. ARNOLD W. GROTH FIRST NATIONAL BANK OF PORTLAND PORTLAND. ORE. F. J. HAMERIN LILLY VARNISH CO. INDIANAPOLIS, IND. Governor Marriner Eccles Federal Reserve Board Washington, 0. C. L. w. LYONS WESTINGHOUSE ELEC. & MFG. CO. EAST PITTSBURGH, PA. Dear Governor: MARTIN © OMSEN-DUNNEGAN-RYAN CO. EL PASO, TEX. EARL R. MELLEN WESTON ELECTRICAL INST. CORP. NEWARK, N. J. RALPH MEYER MCKESSON-WESTERN DRUG CO. LOS ANGELES, CAL. DANA W. NORRIS LENNOX FURNACE CO.. INC. SYRACUSE. N. Y. I trust on my next visit to Washington I may have the opportunity of continuing the conversation I held with you in the White House executive offices. I hope to be in Washington sometime during the next week and will 'phone your office for an appointment. EDWARD G. PARKER FIRST NATIONAL BANK FORT WORTH, TEX. JOHN L. REDMOND CROMPTON.RICHMONO CO.. INC. NEW YORK. N. Y. A. T. RICKARDS SHARP A DOHME. INC. PHILADELPHIA, PA. WALTER H. SACK Yesterday's papers quoted you as having issued a statement about the Federal Reserve Board's policy on the stock market loans. If I am any judge of your statement, it occurs to me that the press has placed the wrong interpretation upon it. GRAND RAPIDS, MICH. W. H. SCHMIDT PITTSBURGH PLATE GLASS CO. DES MOINES, IOWA Sincerely yours, W. F. SMITH CHATTANOOGA MEDICINE CO. CHATTANOOGA, TENN. EDWARD M. TOURTELOT FIRST NATIONAL BANK OF CHICAGO CHICAGO, ILL. Heimann ^ P ^ C D T I V E MANAGER C. E. VOTRIAN BARNSDALL REFINING CO. TULSA, OKLA. HARVEY L. WELCH FIRST NATIONAL BANK ST. LOUIS. MO. R. C. WILSON FIRST NATIONAL BANK SALT LAKE CITY, UTAH FRANK A. WORTH SPENCER KELLOGG & SONS BUFFALO, N. Y. HHH:LS Chairman xxxxxxx November ¿9, 1935. Mr. Henry H. Heimann, Executive Manager, National Association of Credit Men, One Park Avenue, New York City. My dear Mr. Heimann: I have your letter of November 25th and I shall be glad to hear from you when you come to Washington. If I am here and there is an opportunity to do so, I should like to see you. It is gratifying to note your accurate comment on the statement with reference to the stock market. It was badly misinterpreted by one or two newspapers, both in news colums and editorials. For your information I am enclosing the actual text in case you have not seen it in its entirety. In this connection, I am enclosing a tran script of the speech I gave before the American Bankers Association at New Orleans, since this also reflects my own point of view with reference to the general credit situation. Very truly yours, M. S. Iccles, Chairman. enclosures ET:b This article is protected by copyright and has been removed. The citation for the original is: Haney, Lewis. “Lewis Haney Says: Eccles Asks Final Step in Inflation.” [New York Herald Tribune], November 24, 1935.
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