The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
THE MORRIS PLAN CORPORATION OF AMERICA ORGANIZER FOR ALL MORRIS PLAN BANKS AND COMPANIES 103 PARK NEW YORK AVENUE 17, TELEPHONE N . Y. MURRAY HILL 5-4000 OFFICE OF THE PRESIDENT August 2 5 , 19^8 Mr. M a r r i n e r S. E c c l e s , Board o f Governors F e d e r a l Reserve System Washington, D. C# Vice Chairman Dear Mr # E c c l e s : Please p e r m i t me t o c o n g r a t u l a t e y o u on t h e courageous and f o r t h r i g h t s t a t e m e n t w h i c h y o u r e c e n t l y made a t your a p p e a r ance "before t h e B a n k i n g and Currency Committee* You may remember t h a t I appeared l a s t y e a r t o oppose y o u on t h e Bank H o l d i n g Company B i l l . You may a l s o remember, however, t h a t my o p p o s i t i o n was not d i r e c t e d a t t h e p r i n c i p l e o f Bank H o l d i n g Company l e g i s l a t i o n , i f t h i s i s deemed a d v i s a b l e by t h e Congress and t h e B o a r d , b u t r a t h e r a t some o f t h e t e c h n i c a l and d e t a i l e d p r o v i s i o n s o f the B i l l i t s e l f . I r e f e r t o l a s t y e a r ' s encounter o n l y because I w i s h t o make i t c l e a r t h a t my appearance as an opponent i n t h i s p a r t i c u l a r i n s t a n c e has n o t s e r v e d t o d i m i n i s h my r e s p e c t f o r a p u b l i c s e r v a n t who i s * w i l l i n g t o express h i s c o n v i c t i o n s as y o u have done w i t h o u t r e g a r d f o r p o l i t i c a l consequences. Sincerely yours <f. H u n t i n g t o n ECH,Jr.:AW Mr. U. H u n t i n g t o n , J r . , P r e s i d e n t , The M o r r i s P l a n C o r p o r a t i o n o f i i m e r i c a , 103 P a r k Avenue, ftew Y o r k ± 7 , New Y o r k . Dear M r . Huntington: I owe you an a p o l o g y f o r n o t h a v i n g acknowledged a t an e a r l i e r d a t e y o u r v e r y t h o u g h t f u l and k i n d l y l e t t e r o f a u g u s t 1948> w h i c h came d u r i n g my absence i n t h e ¥»est and "which I have j u s t now been a b l e t o r e a c h i n t h e a c c u m u l a t i o n o f m a t t e r s r e q u i r i n g my a t t e n t i o n f o l l o w i n g my r e t u r n . I t i s very e n c o u r a g i n g t o know t h a t even when we d i s a g r e e , t h e r e n e v e r t h e l e s s e x i s t s t h e f r i e n d l y f e e l i n g t h a t you e x p r e s s i n y o u r l e t t e r and w h i c h I am g l a d t o r e c i p r o c a t e . Sincerely M. CM: am yours, Eccles. August Jz, 194B- Mr. The 103 ftew E. C. H u n t i n g t o n , J r . , P r e s i d e n t , M o r r i s P l a n Corporation of America, Part; ^venue, York 17, Hew York. Dear Mr. H u n t i n g t o n : Your l e t t e r of August addressed t o Mr. Eccles r e c e i v e d i n our o f f i c e t o d a y . Mr. Eccles i s i n t h e West at t h e present t i m e and i s not expected t o r e t u r n u n t i l about September <0 at ifciich t i m e your gracious l e t t e r w i l l be c a l l e d t o h i s a t t e n t i o n . Very t r u l y y o u r s , S e c r e t a r y t o Mr. M. ^ccles.
@FedFRASER