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T H E A M E R IC A N B A N K E R S A S S O C IA T IO N TW E LV E E A S T T H IR T Y -S IX T H STR EET N E W Y O R K 1 6 , N. Y. Wa l t e r B. F r en c h DEPUTY MANAGER April 8, 194-6 The Honorable Marriner S. Eccles, Chairman Board of Governors of the Federal Reserve System Washington, D.C. Dear Mr. Chairman: I want to congratulate you on the fine talk you gave The Graduate School last Saturday night. It is the kind of doctrine that should be given the bankers* groups all over the country, and I wish that you were in a position to do it yourself. There are too many bankers who feel that the same views are only expressed by people outside of our business and who are not too sympathetic to our interests. It would be far better for banking if more of our leaders would take the initiative in urging, for example, no further reduction in taxes rather than indirectly or by inference approving tax relief. Yours was a fine, courageous talk, and I am glad I had the opportunity of hearing you.
@FedFRASER