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KEbEkVE BANK OF SAN FiudNCISCO October 5, 1949 Dear Marriner: Yesterday in our executive meeting llr* Earhart advised us that your urother ueorge had just returned from an important E C A assignment. Hence, on the dinner program of October *.L, we thought it would be well to ask him to speak for about ten minutes. I am always apprehensive of getting too much on a program and wondered whether putting three of us on the same evening might not be a little bit onerous for the poor misguided listeners. However, I know we ail would like to near from both brothers Eccles and thus I have told Dr. mellman, who is the Cnairman of our agenda Committee, that we will figure on having George Eccles say a few words* I have agreed to limit myself to fifteen minutes at the outside and think that this would be about the right length for your discourse on the significance and consequences of devaluation. 1 realize that you can't possibly cover such a comprehensive subject in such a short time, but will rely upon you simply to hit the high spots so that our auditors won't think that we are trying to triple up on them. I am sure that this is a much more pertinent subject than the one originally suggested and we are all looking forward to your remarks with great interest, especially myself. It was pleasant to see you even for a moment in Washington but I am looking forward to a better visit when we are in Salt Lake. Sincerely, (Signed) B. H. brayton Mr. Marriner S. Eccles Governor Federal heserve System Washington, D. C. Is Vnis al1 •ight? (penned)
