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Dear Marriner: I am attaching copies of telegrams so far received from Federal Heserve presidents. I think they show very excellent spirit. As you will see, I have not yet heard from all of the presidents, "but hope to* I think our announcement has been handled very well by the press by and large. Mr. Thuxston was very helpful in getting the story ready for release. Sincerely, Hon. Marriner S. Iccles, Chairman, Board of Governors of the federal Reserve System, Washington, D. 0. W72G53WASH J22 KC HENRY MORGENTHAU 27-1029 JR SEC OF TRSY CHAIRMAN ECCLES HAS INFORMED ME OF HIS MEETING WITH YOU YESTERDAY AND THE DECISION M I C H HAS BEEN REACHED TO CREATE A SINGLE WAR FINANCING ORGANIZATION IN EACH STATE. I SHOULD £lKE YOU TO KNOW THAT I STAND READY TO ASSIST IN ANY WAY THAT I CAN IN GETTING THESE ORGANIZATIONS SET UP IN THIS FEDERAL RESERVE DISTRICT AND THAT I SHALL RENDER EVERY AID WITHIN MY POWER TO MAKE THEM THE MOST EFFECTIVE INSTRUMENTS POSSIBLE FOR THE TREMENDOUS TASKS WHICH THEY ARE TO UNDERTAKE. PLEASE CALL ON ME FOR ANYTHING YOU KAY FEEL THAT I CAN DO. H G LEEDY PRESIDENT FEDERAL RESERVE BANK OF KANSAS CITY WU23 29 3 EXTRA STLOUIS MO MAY 27 1943 11OOA HONORABLE HENRY MORGENTHAU JR SECRETARY OF THE TREASURY I HAVE BEEN ADVISED OF THE MEETING AT THE TREASURY YESTERDAY AND I WISH TO PLEDGE YOU MY FULL COOPERATION AND SUPPORT IN FUTURE TREASURY FINANCING F GUY HITT FIRST VICE PRESIDENT BANK OF STLOUIS. 1242P FEDERAL RESERVE W23G92WASH 12/, MPLS 21-11UU MORGENTHAU RE YOUR PRESS RELEASE JUST RECEIVED REGARDING FUTURE METHOD OF HANDLING GOVERNMENT FINANCING WE ASSURE YOU OF OUR COMPLETE COOPERiiTION AND AID IN YOUR PATRIOTIC EFFORTS PEYTON. W25GO4.WASH M41 DLS 27-1217P MORGENTHAU CHAIRMAN ECCLES OF THE BOARD OF GOVERNORS HAS JUST ADVISED ME BY TELEPHONE OF HIS MEETING WITH YOU YESTERDAY AND OF YOUR DECISION TO SET UP WITHIN EACH STATE A SINGLE ORGANIZATION TO ASSIST IN SELLING SECURITIES DURING PERIODIC DRIVES, OR WHENEVER NECESSARY. I HEREBY PLEDGE MY WHOLE-HEARTED SUPPORT TO YOU IN CONNECTION WITH YOUR WAR FINANCING PROGRAM AND TRUST YOU WILL CALL UPON ME AT ANY TIME IF YOU THINK I CAN RENDER SOME SERVICE TO THE TREASURY IN SETTING UP A SALES ORGANIZATION ALONG STATE LINES WITHIN EACH OF THE STATES IN THE ELEVENTH FEDERAL RESERVE DISTRICT. I SHALL BE GLAD TO GIVE THE STATE ORGANIZATION SUCH INFORMATION, ADVICE, AND ASSISTANCE AS MAY BE DESIRED AND TO FULLY COOPERATE IN THE SALE OF SECURITIES IN THIS DISTRICT GILBERT
@FedFRASER