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□ . Parker Mc Cdmas 119 FIFTH AVENUE NEW YORK 3. N. Y. President PHILIP M O R R IS & CD. LTD. INC. December 12, 19h9 Dear Marrinert May an ex-banker congratulate you on raising a voice of realism in a realm that is replete with double talk? Once again we are drugging ourselves with inflation, only this time the printing press has moved from Wall Street to Washington. Ihile I greatly admire your efforts, I am sufficiently cyni cal to believe that correction will come once again from suffering, and not from logical intelligence and discipline. I am enclosing two tickets to the finals of Horace Heidt's Amateur Program, which we sponsor, in Washing ton this coming Sunday night. It occurred to me it might be refreshing to escape from professional poli ticians to amateur youths. Sincerely yours, Honorable Marriner S. Eccles Federal Reserve Board Washington, D. C. December 16, 1949* Dear Parker: I very much appreciate your thoughtful letter of December 12. It was most encouraging for one in pub lic office to receive commendation from as highly intelligent and respected a citizen as I consider you to be. I must con fess that I agree with your cynical observation that correc tion, if it comes at all, will come from suffering and not from logical intelligence and discipline. I was inquiring about you when I spent Thanks giving in New York with Pack Dreibelbis, Thanks for your thoughtfulness in sending me two tickets to Horace Heidt's program which your company sponsored, to be held in Washington this coining Sunday night. I am sure it will be an interesting program. livith kindest regards, Sincerely yours, Hr. 0. Parker McComas, 119 *'ifth Avenue, New York 3, New York. V!:dls
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