View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

G. W. P A T T Y ,

PRESIDENT

W.V. L U D L A M , VICE PRESIDENT
C.M.LAWRENCE,VICE

G. H. N O R W O O D , A S S T . V I C E P R E S I D E N T

PRESIDENT

W. B . B R A N N A N , C A S H I E R

E.L.KEETON.ASST. VICE PRESIDENT

H.E.BLACK,ASSISTANT

CAPITAL AND S U R P L U S

$785,000.00

January 17f 1950

Mr* Marriner S. Eccles, Governor
Federal Reserve System
Washington, D. C.
Dear Mr. Eccles:
While I have retired as a Director of the Federal
Reserve Bank of Atlanta, I am and always will be
interested in the welfare of the System.
I have been especially interested in the testimony
of the several witnessess appearing of late befoie a
sub-committee of the Senate Banking and Currency
Committee.
I congratulate you in the stand you have taken, the
principals you advocated before the Committee and the
bold manner in which you have and continue to oppose
those agencies that would make the System subservient
to their philosophy.
Your testimony and the report of the committee should
cause the System to gain in statute throughout the nation.
I am for you.
Cordially and sincerely,

WBC :W




CASHIER




January 25, 1950.

Mr.
D. Cook,
1st National Bank,
Meridian, Mississippi.
Dear Mr. Cook?
I am very pleased to receive your letter of
January 17 and particularly to know that you are continuing your interest in the welfare of the federal Reserve
System to such an extent that you have read the testimony
before the Douglas Subcommittee. 1 am sure you will find
still more interest in the reoort of the Subcommittee
which will soon be distributed and which we feel contains
a very constructive analysis of the major problems confronting the Federal Reserve System.
With my best regards, I am
Very sincerely yours,

M. S. Eccles.

CM: am