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TELEGRAMS AND TELEPHONE P O S T O F F I C E BOX 97 RE D D IN G STUART CHASE CONNECTICUT December 1st, 1944. Mr. Marriner S. Iccles, Federal Heserve Board, Washington, D. C. Dear MarrinersI Just read your address to the National Industrial Conference Board on November 16th,and cannot refrain from congratulating you on its clarity of thought and excellence of philosophy. I was quite pleased when the British govern ment busted out with their White Paper last May, con firming the broad outlines of a compensatory economy. It made me feel that I wasn't such a crackpot after a ll, and I guess you must have enjoyed it too although you were never quite in the crackpot class! When I've come to see you^you were often in a gloomy mood, and I point this out to indicate that the world does move from time to time! With all best wishes, Sincerely yours, SCîLD GEORGETOWN CONNECTICUT December 5, 1944« Dear Stuart: Your note of December 1 in regard to my talk to the National Industrial Conference Board is particularly gratifying because, as I need not tell you, I not only highly value your opinion but rate at the top of the list your craftsmanship and clarity in writing on these difficult subjects. The British hhioe Paper was indeed consoling if for no other reason than that crackpots like you and me doubtless love company and we seem to be getting more and more of it as time goes on, though not enough converts who are in the right places. I insist that I have been put in the crackpot class by numerous editors as well as by Senator Byrd though since I have developed some acquaintance with him he has refrained from calling me such names even though he remains wholly opposed to my general viewpoint. 1 am afraid, however, that my mood remains on the whole gloomy, but it would help to get me out of it somewhat if I were to have the pleasure of seeing you again. with best regards, Sincerely yours, Mr. Stuart Chase, P. 0. Box 97t Georgetown, Connecticut. ET:b
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