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FOREIGN ECONOMIC ADMINISTRATION
OFFICE OF THE ADMINISTRATOR

WASHINGTON 25, D. C.

J943
Honorable Marriner S* Eccles
Chairman, Board of Governors
Federal Reserve System
Dear Marriner*
Thank you for sending us a copy of the material
on the reconversion problem*

I liked your formulation

of the problems and am very glad that action is getting
started* Although I shall have to spend a lot of time
in the next few months realigning parts of the Foreign
Economic Administration, I am getting some work started
on these readjustment problems, and will keep you informed*
Sincerely yours,

Leo T. Croirley,
Administrator