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FEDERAL RESERVE OF BANK BOSTON ALBERT M.CREIGHTON CHAIRMAN June 8, 1942 Honorable Marriner S. Fccles, Chairman Board of Governors Federal Reserve System Washington, D. C. Dear Marriner: We are looking forward with much pleasure to your visit T^ith us at our meeting on July 8. -_ I have just acknowledged Larry's letter and advised him that I would get in touch with him at a later date. I do hope that you will have time to include a motor trip to some of the interesting places in New England. I played golf with John Fahey a few days ago and he is very anxious to have a game with you at Tedesco. With my best regards to you. Sincerely,^ AMC:mea ' FEDERAL RESERVE BANK OF BOSTON ALBERT M.CREIGHTON CHAIRMAN July 9, 1942 Honorable Marriner S. Eccles, Chairman Board of Governors Federal Reserve System Washington, D. C. Dear Marriner: It is a real pleasure to report to you that your visit was much appreciated by the bankers and friends whom you saw here in "New England. You gave our Directors much food for thought and they appreciated your frank discussion of the future of the Federal Reserve System. I believe that your remarks regarding the so-called Balderston Plan and the Research Work in the different Districts will be considered very carefully by our Directors and should prove to be very helpful to them. The bankers present at our conference in the afternoon enjoyed your talk regarding the problems of the Federal Reserve System and particularly your remarks regarding the Government Bond situation. All of the principal banks of Boston were represented at the meeting and I was glad to note that one of our outstanding citizens, Charles Francis Adams, whom you will remember as Secretary of the Navy, stayed in town to attend the meeting. A list of the Bankers attending the afternoon Conference will be sent on tomorrow. My best regards to you. Sincerely AMC:mea July U, Mr* Albert X. Creighton, Chairman, Federal Reserve Bank of Boston, Boston, Massachusetts. Dear AXbertt I Sjppreeiato your writing as under date of July 9 to the effect that you believe ay visit to Boston was appreciated by the bankers and others with whoa we conferred. I, snyself, enjoyed the meeting and the luncheon with the Directors, as well as the conference in the afternoon with representatlTes of tho principal local banks. I hops they gained a better appreciation •f the formidable problems that we are facing in our effort to win the war on the financial and econosdc front* I wast to take this opportunity to repeat what I told yon in person; oasMtLy, that I as indebted to you for a most delightful three day*1 vacation. It was not only a lot of fan, but there was variety in each day*s program and X had my first opportunity of •••ing the Mew England countryside. I do not see how I could have gained a better appreciation of the beauties of Mew England in so brief a time. In particular, I wast to thank you and Mrs. Creighton for the hospitality I enjoyed at your hoas. Brery minute was a pleasure sad I cannot imagine a more gracious host sad hostess. Pleas* tell Mrs* Creighton how aueh I appreciate the hospitality sad ths opportunity to beooas better acquainted. I hope you will give as a chance to reciprocate the next tins you C O B S to Washington. with best wishes, I am Sincerely yours,
