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T H E FIR ST N A T IO N A L B A N K
OF C H IC A G O

E M I L A. S T A K E
VI CE

PR ESID EN T




April 18, 1936

My dear lfarriner:
It was certainly nice of
you to take the time to stop off at Chicago
and talk to the business men as you did yes­
terday.
I want to say that I personally
enjoyed very much indeed the outline you gave
of your ideas and of the plans for the future.
I know there will be many favorable reactions
to your remarks.
I have asked Hr. Dion,
Executive Secretary of the Economic Club,
to send you a list of those who were in
attendance and also some of the clippings
from today's newspapers.
It was so nice to have had
a little chat with you yesterday.
With all good wishes, I
remain,

Hon. llarriner S. Eccles
Chairman
Board of Governors, Federal Reserve System
Washington D. C.

April 20, 1936.
Dear Emil:
I was glad to have the opportunity to meet so
many of your prominent business and financial leaders
as were present at the luncheon given by the Economic
Club of Chicago last Friday. I am happy to know that
you enjoyed my address and that you feel the reaction
to it will be favorable.
I wish to thank you for having Mr. Dion, Execu­
tive Secretary of the Economic Club, send me a list of
those who were in attendance and also some of the news­
paper clippings covering my appearance before the club.
I received these from Mr. Dion today.
I, too, enjoyed the short visit we had while
I was in Chicago. I hope whenever you are in Washington
you will call in to see me.
With kindest regards,
Sincerely yours,

Mr. Emil A. Stake, Vice President,
The First National Bank of Chicago,
Chicago, Illinois.

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T H E F I R S T N A T IO N A L B A N K
C H IC A G O

B E N T L E Y G. M ? C L O U D
V ICE P R E S I D E N T

April 18, 1936
Mr. Marriner S. Eccles
Chairman of the Board of Governors
of the Federal Reserve System
Washington, D. C,
dear Mr. Eccles:
I enjoyed meeting you at the luncheon at
the Chicago Club yesterday and was very much inter­
ested in your speech.
It so happened I had to
attend a meeting of the Directors of the Mercantile
Trust and Savings Bank which was called for three
o'clock to elect a new president to fill the vacancy caused by Mr. Grut's death.
I was therefore
obliged to leave about five minutes of three but
Emil Stake tells me that I was fortunate enough
to hear most of your speech.
As I told you both Mr. Oleson, the Chair­
man of our Board, and Mr. Brown, our President,
are away.
I was sorry it was not possible for us
to be favored with a visit from you so that all
of our official staff would have had the pleasure
of meeting you.




With best regards, I am
Very truly yours

B. G. McCloud
Vice President

April 20, 1936

My dear Mr. McCloud:
I appreciate your thoughtful letter of
April 18th and assure you that I, too, enjoyed meeting
you at the luncheon of the Economic Club in Chicago
last Friday. I was glad to have the opportunity of
becoming acquainted with so many of the business and
financial leaders of your city.
I should have liked to have seen Mr. Oleson
and Mr. Brown. I have known them both for a good many
years and would have enjoyed having a little visit
with them.
I hope sometime when I am again in Chicago
it will be convenient for me to call at your bank
and meet your official staff.
With kind regards,
Sincerely yours,

Mr. B. G. McCloud, Vice President,
The First National Bank of Chicago,
Chicago, Illinois.

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T he P e o p l e s G a s L i g h t

and

Coke Co m

pany

C H IC A G O
S E O R O E A .R A N N E Y
c h a irm a n

20 April 1936
Dear Mr. Eccles:
I had the pleasure of m e e t i n g you at
luncheon last Friday, and was v ery m u c h impressed
w i t h y o u r fair and straightforward address.
I had a mo s t important engagement at
m y office at 2:45 o ’clock that a f t er no on and I
was obliged to leave before you completed your
remarks.
The purpose of this n ote is to express
m y regret at be ing obliged to leave and also
to hope that y o u did not consider m y doing so,
discourteous.

Hon. M. S. Eccles
C h a i r m a n of the B o a r d of Governors
F ed eral Reserve S y s t e m
Washington, D. C.







April 23, 1936,

My dear Mr. Ranney:
I appreciated receiving your letter of
April 20th and am glad to know that you were
favorably impressed with what I had to say at the
luncheon in Chicago last Friday. I remember meet­
ing you there and am sorry that time did not permit
our getting better acquainted.
My address was long and I realized afterward
that it possibly was too long. I understood thoroughly
that I was talking to a group of very busy business men
and that some of them would have to leave to fill pre­
vious engagements. Tour leaving before the meeting ad­
journed was, therefore, fully understood.
Sincerely yours,

M. S. Eccles,
Chairman.

Mr. George A. Ranney, Chairman,
The Peoples Gas Light and Coke Company,
Chicago, Illinois.

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A p ril 22, 1956.

*r. E. G. Bennett, President,
First Security Corporation,
Ogden, Utah.
Dear E.G.t
As was arranged prior to ay leaving Ogden,
I addressed the Economic Club of Chicago at a
luncheon on Friday, April 17th. Thinking you may
be interested in knoising what business and financial
leaders were in attendance, I as enclosing a list of
then* Although there are a number of newspaper sen
listed among the guests, I did not speak for publica­
tion and outside of the paper mentioning ay appearance
and making a few general comments on the subject
cowered, there m s no publicity.
X am glad to have had the opportunity to
address this group of man, and from the letters I
have received from a number of them, it would ap­
pear that ay remarks were favorably received.
With kind regards,
Sincerely yours,

enclosure
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C h i c a g o a n d No r t h w e s t e r n R a i l w a y C o m p a n y
O f f ic e o f P r e s id e n t

C h ic a g o

A p r il 23, 1936

F r e d W. S a r g e n t
P r e s id e n t

jear Mr. Eccles:
I was glad to have yours of the twentieth.
I had intended writing you the next day after the meeting,
but have been out of the Uity.
After talking with many of the business
men who were there, I have heard nothing but tne kindliest
expressions of good will and approval. I think it was
an excellent thing for you to come here and talk as clearly
and frankly as you did with the business leaders of the
Gity, most of whom were present at the luncheon.
With kindest regards, I am
Sincerely yours,

Bon. H. S. Ecoles, Chairman,
Board of Governors,
System,
Eederal Reserve System
faskLflgtoa, D. C.




April 20, 1956.

Star Mr. Sargm tt

I want to express ay appreciation of
tbe opportunity you gave ne to aeet such an
cuts tsi*2ins group of business and financial
leaders of Chicago as were present at the
luncheon ou Friday. It was a pleasure to becoaa acquainted with then*

With kind regards,
Sincerely yours,

ft* S. Secies,
Chairaea.
ttr. Fred W. Sargent, President,
Chicago and Northwestern Failroed Company,
Chicago, Illinois*
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Chicago Title and Trust Company
Chester R. Davis
'Vice President and Trust Officer

C H I C A G O
April £9,
1 9
3 6

Hon. Marriner S. Eccles, Chairman
Board of Governors
Federal Reserve System
Washington, D. C.
Dear Mr. EeclesjMrs. Davis and I have just returned from a
short vacation in Florida. I have heard
many fine comments concerning your address
here before the Economic Club. I am sorry
that my absence from the city prevented my
attendance and again seeing you.




May 1, 1936

Dear Mr. Davis:
I appreciated receiving your letter of
April 29th. I am sorry that I did not have an op­
portunity of renewing our acquaintance while I was
in Chicago recently. It is naturally pleasing to
know that my appearance before the Economic Club
was favorably received.
Sincerely yours,

M. S. Eccles,
Chairman.

Mr. Chester R. Davis,
Vice President and Trust Officer,
Chicago Title and Trust Company,
Chicago, Illinois.

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