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FEDERAL RESERVE BANK OF BOSTON RALPH E. FLANDERS Honorable Marriaer 6* Eccles, Board of Sovernors of the Federal Reserve System, Washington 25, D» C* Dear Marrinert Thank: you for yours of the 2nd and its enclosures, lrtiioh seen to be a sufficiently clear exposition of the character, operation and effects of the Wagner-Spence Bill* Tour letter to Jules Bogen is most eon•ineing* Sinoerply yours, /let