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NEW YORK C R E D IT MEN’S A S S O C IA TIO N
354 FOUR TH AVENUE
NEW Y O R K IO, N.Y.

office of the president

November 17, 1948.

Mr. Marriner S. Eccles, Vice Chairman
Federal Reserve Board
Washington, D. C.
Dear Mr. Eccles:
Mot having had the honor of meeting you, I asked our
mutual friend, Mr. Arthur D. Whiteside, if he would
give me an introduction, and he telephoned me today
that he has contacted you and in part explained our
wishes.
Our Association consists of about 3300 members, rep­
resentatives of the Banks, Wholesale Houses and Man­
ufacturers of New York City.
Once each year we hare a dinner, attendance about 1500,
and it is customary to have one principal speaker,
followed by a humorist.
We would greatly appreciate having you as the principal
speaker at our Annual Dinner next February 17th at the
Hotel Astor, New York.
It has been customary for us to present our speakers
with an honorarium in keeping with their ideas, $500.00
or more, and, of course, take care of their expenses.
We hope you will favor us, choosing your own subject,
and your talk may be of record or woff the record", as
you prefer.
Please let us hear from you favorably and, at the same
time, tell us frankly your ideas regarding the honorariun.

HPR:cs



December 8, 1948.

Dear Mr. Reader:
I hope you have not been too greatly inconvenienced
by my delay in replying to your letter of November 17, inviting
me to be the principal speaker at the annual dinner of the
New York Credit ifenTs Association to be Field February XT' at
the Hotel Astor.
Confirming our telephone conversation of this morn­
ing, I will be glad to address your members, it being understood
that my remarks will be off the record.
Your letter does not state the time the dinner is
to be held, or whether it is formal or informal. I assume it
will be business suit. I will appreciate your giving me this
information.
As I explained to you on the telephone, I do not
accept honorariums, and I will take care of the hotel reservation
unless I advise you to the contrary.
Sincerely yours,

M. S. Eccles.
Mr.
New
354
New

H. Parker, Reader, President,
York Credit Men's association,
Fourth Avenue,
York 10, New York.