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STATE STREET RESEARCH 8t MANAGEMENT COMPANY 1 4 0 F ederal S treet B o sto n , Ma s s . PA UL C. C A B OT R I C H A R D C. P A I N E R ICH ARD S A L T O N S T A L L STEPHEN HEARD W I L L I A M F. M O R T O N T H E O D O R E F. D R U R Y May 23, 1939 Mr. Marriner Eccles, Chairman Federal Reserve Board Washington, D. C. Dear Mr. Eccles: I hope you will pardon my delay in writing you the neces sary details for the Dinner Session of the Harvard Busi ness School Alumni Association Meeting, Friday Evening, June 16th, as we have been attempting to focus the speeches as closely as possible. In general terms we have been suggesting the subjects be related to the outlook for business, labor and capital, and if convenient, could you forward me the subject of your speech prior to the issuance of our June 1st bulletin. Your speech can be with or without publicity, of approxi mately forty-five minutes to one hour duration, and will be the main speech of the Dinner Session. The other speakers will be Dean Donham, and either Professor Sprague or some prominent industrialist. You may speak first or lsst as you so desire. At the Dinner, the individuals at the Speakers Table will be attired in dinner coats. Vv'e will be delighted to have you, Mr. Clayton, and Mr. Good man as our guests at all of the Sessions, the Faculty luncheon on Friday, and the cocktail party preceding the Dinner. If you have any additional questions, please do not hesitate to so inform me. If you will let me know the time of your arrival, a member of the Executive Council will be on hand to greet yoii. With kindest regards, Cordially yours, TFDîHB Chairman, Program Committee May ¿7, 1939. Mr. Theodore F. Drury, Chairman, Program Committee, State Street Research and Management Company, 140 Federal Street, Boston, Massachusetts. Dear Mr. Drury: This is to thank you for your letter of May ¿3 giving me the details for the dinner session of the Harvard Business School Alum ni Association meeting at which I am to speak on Friday evening, June 16. mhile I have not had an opportunity as yet to give much thought to what I might say and, therefore, am at somewhat of a loss to suggest a title, I am inclined to think I might well attempt to sum up the economic situation as I see it today and suggest the practical steps that I feel would be appropriate at this juncture, accordingly, it occurs to me that the title might broadly be "How Are «»e to Put Idle Men, Money and Machines to iriork?". In accordance with your letter, I shall plan to speak between forty-five minutes and an hour at the very outside, as I intend to prepare this address and to have copies available, I am willing to make it public, notwithstanding the inevitable perils of misunderstanding which that en tails in a discussion in this complex and highly controversial field. I am glad to know that Dean Donham and Professor Sprague are to be on the same program. I think it perhaps would be best if I were to fol low them and the industrialist who is also to be a speaker. I have planned to have Mr. Clayton accompany me, but I am not yet certain as to what time we shall be there, therefore, if it will not inconvenience you, may I tentatively accept and thank you for your invita tion to attend other sessions as well as the Faculty luncheon on Friday and the cocktail party preceding the dinner, i/mile I doubt we will be able to get there in time for the luncheon, I shall let you know more definitely about this later. Likewise, if other questions occur to me, I shall not hesitate to impose them upon you. ET:b nith kindest personal regards, Sincerely yours, M. b. Eccles, Chairman.
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