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PET MILK C O M PA N Y GEN ERAL SAINT OFFICES LOUIS ARCADE BUILCHNO M ISSO UR I September 21, 1943 Hon. Marriner S. Eccles Board of Governors of the Federal Reserve Bank Washington, D. C. Dear Marriner: I have read with much interest your address before the National Association of Supervisors of State Banks. It seems to my inexpert judgment a very sound position. I am par ticularly impressed with the courage and diplomacy which you exhibited in handling such a subject before that audience. It was well done. I appreciate the privilege of reading it. Very truly yours, WTN:AS y October 13, 1943. Dear B i l l : Your th o u g h tfu l commentary on my speech to th e S ta te Bank S u p e r v is o rs , which was on my desk upon my re tu rn from Utah, was p a r t ic u la r ly g r a t i f y i n g because, as you know, I have g r e a t c o n fid e n c e in you r judgment, which I do not c o n s id e r in e x p e r t. Your approach i s always l o g i c a l and f r e e from s e l f - i n t e r e s t . You do not have t o be an e x p e rt t o see th a t our banking s e t-u p has la g g e d f a r behind th e p ro c e s s io n in a d a p ta tio n t o th e tim e s . Xsith best regards, Sincerely yours, Mr. ft. T . N a rd in , P e t M ilk Company, S t . L o u is , M is s o u r i. ET:b
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