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FOLGER, NOLAN & CO. INC. IN V E S T M E N T B A N K E R S A M E R IC A N S E C U R IT Y B U IL D IN G 7 3 0 F IF T E E N T H S T R E E T J O H N CLIFFORD FO LG ER JAM ES PARKER NOLAN W A S H IN G T O N March 21, 194-0 Hon. Marriner S. Eccles Governor of the Federal Reserve Board Constitution Avenue Bet. 20th and 21st Streets, N.W. Washington, D.C. My dear Governor Eccles: It has been on my mind for some time to say how much I enjoyed your remarks before the luncheon meeting of the Bond Club. It has been our custom for many years to have a mid-winter luncheon meeting with a prominent speaker. No address within my recollection aroused more interest or was followed more closely than yours. The Club is indeed indebted to you for your contribution. I happened to refer to your address in a conversation recently with Bob La Follette, and he spoke of having talked with you. Sincerely yours, JCF:mfs
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