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DAVID CUSHMAN COYLE
C o n s u l t in g E n g in e e r
IOI Park Avenue
New York C ity

BUILDINGS
FOUNDATIONS
VIBRATION TESTS

May 19, 1936.

Mr. Marriner S. Eccles,
Federal Reserve System,
Washington, D. C..

Dear Mr. Eccles:

speech.
a little
have the
of it is

Thank you for the copy of your Wharton Institute
As usual, I agree with you in general, although I am
afraid of emphasis on capital goods.
I am glad to
information which is included in your address as some
just the sort of thing that I need for my own purposes.

I note what appears to be a movement in the Senate
toward modifying the Tax Bill more nearly in line with your
suggestion.
I hope this movement will be successful and I should
be even better pleased if they would retain the Corporation Income
Tax in the graded form, instead of reverting to a flat rate.
Hoping to have the pleasure of seeing you again soon,
I am,




Yours very sincerely,

— J.

DAVID CUSHMAN COYLE.

ASH LAN D 4-1048