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Ma r i n e M i d l a n d G r o u p , In c .

EDMUND

, 1938

PLATT
VICE“PRES10ENT




Hon. Marriner S. Eccles, Chairman,
Federal Reserve Board,
Washington, D. C.
Dear Governor Eccles:
If you have additional copies of your speech deliver­
ed at Atlantic City on May 13th I should very much appreciate
receiving one. I have been vexy much interested in such
accounts of the address as I could find in the daily tapers
and am certainly in agreement with many of the things you
said, though still skeptical of monetary management in
general.
With highest personal regards,
lours vexy sincerely,




May 20, 1938.

Mr. Edmund Platt, Vice President,
Marine Midland Group, Inc.,
120 Broadway,
New York City.
Dear Mr. Platt:
In accordance with your letter of May
17th, I take pleasure in enclosing a copy of the
talk I gave at Atlantic City on May 13th. Aceounts
in the daily papers were necessarily rather sketchy.
I think I am under no illusions as to the
limitations of and particularly the political dif­
ficulties in the way of gearing and timing monetary,
fiscal and other governmental policies. Nevertheless,
I see no better or more practical alternative. If
there is any other workable choice, I have yet to hear
of it.
»»it.h kindest personal regards,
Sincerely yours,

M.
enclosure

ET:b

Eccles,
Chairman.