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INVESTORS DIVERSIFIED SERVICES, INC.
MINNEAPOLIS

O F F I C E O F THE CHAIRMAN
OF THE BOARD O F
JAMES

DIRECTORS

TWOHY




November 25, 19h9

Honorable Marriner
Eccles
Federal Reserve Board
Washington, B. C.
Dear Marriner:
Let me acknowledge, even before I have read it, the receipt
this morning of your statement on November 22 before Senator
OfMahoneyfs Joint Committee on the Economic Report. The
brief AP digest of this statement which I read night before
last in the St. Paul paper has whetted my appetite for the
solid fare which I know it contains. I am sure that there
are many hundreds and thousands like myself over the country
who look to your candid and incisive comments on fiscal matters
with great respect and a feeling that the i r d is truly blessed
fe
during these difficult times that you are in there pitching.
I hope you will never forget that hard core of inner fact around
which so much of the political vapors dissolve and form again.
My best to you as always, Marriner, and more power to you]
As ever yours,

JT :LD

November 28, 1949.

Dear Jim:
If I hadnft received your very flattering letter of November 25 commenting upon my. recent appearance
before the Subcommittee on Monetary, Credit and Fiscal
Policies of the Joint Committee on the Economic Keport,
I would have thought there was something wrong with itt
You have never failed to compliment me on my discoursesgood or badl
I am grateful to you for your hearty approval
of my testimony and I am very much interested in knowing
that my efforts are appreciated by such good friends as
you. It has been a long time since I saw you and I hope
the next time you come, to Washington you will give me a
ring.
with warmest personal regards,
Sincerely yours,

Mr. James Twohy,
Office of the Chairman
of the Board of Directors,
Investors Diversified Services, Inc.,
Minneapolis, Minnesota.

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