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FREDERIC R

BENEDICT
HANOVER 2 - 4 I O O

C O U N S E L L O R AT LAW

A 9 WALL

STREET

N EW Y O R K 5, N. Y.

April 18, 1945

Dear Marriner:
In place of a more formal announcement of getting
back to the City after completing my war plant work up-state,
I am sending this along to give you my new address and

!

phone

number.
My work as counsel for the Remington Rand bomb-sight
plant at Elmira ended soon after the government officials
over," Montgomery-Ward
company•

"took

style, and turned it over to the Norden

As you may have noticed in the papers, this trans-

action reacted on the olfactory nerves of the Truman-Mead
Committee and an investigation was had*

As a result you will

soon hear more about it, when ex-Commander Corrigan, no?/ under
indictment here because of his transactions with this and other
war plants, is tried with the Norden company owners.
Now I am back in active practice here again, associated with an A-l office

(Satterlee & Warfield) and able to

handle personally my own specialties—S.E.G., corporate, banking
and tax work.
Sincerely
O

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Mr. Marriner Eccles, Chairman
^
Board of Governors of Federal Reserve System
Washington, D . C.




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April 25, 1945•

Mr» Frederic P. Benedict,
49 Wall Street,
New York 5> New York.
Dear Fred:
This is to thank you for your letter of
Ipril 18.
Let me say with regard to your postscript
that I do not still think ~ because I never did
think — that our industrial plants should be divided into little pieces, etc» What I think
generally about the economic picture as it looms up
ahead was set forth in a talk some months ago before
the National Industrial Conference Board. In case
you might be interested in seeing it, I enclose a
copy.
with kind regards,
Sincerely yours,

Enclosure

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