The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
I:b/)ilf f/ofvl 150 Booms-150 B^ths Tenth andIIStreets,N.W. Washington, D. G. June 21, 1988 GEORGE C.CLARKE OWNER A N D MANAGER Hon Mairlner S Eccles, Federal Reserve Syatem, Washington D C Ify dear Mr Eccles: That letter yon wrote to Hon Arthur Vandenberg is one of the most concise and complete one I ever had the pleasure as well as priiledge of readinr and, if I am not making a suggestion too bold, I would like mightywell TO know that several thousand oopies were printed and one sent to every Bank or financial institution in America. Personally I have several letters of introduction to you from Members of the Senate and Congress, but as your time has always been taken, I have not presented them, yet I hope to do so in a veiy few days, as I want to see you and see if I can't be just a little factor in serving our country as your splendid reasoning convinces anyone it should be saved. I can produce. Production means goods and articles produced to yield a satisfactoiy tax, and such tax levied to operate our government. To spend to produce is CORRECT, and what better agency is or can there be to put out money than the Banks of our country, but they must not have competition for the Banker is the most responsible man in his community to dispense money and he is better acquainted with the local client that those in far away Washington* Personally I am from the west. Texas my native State where I discovered America1 71 years ago, and I have been fairly active in that State until a few years ago. During the Spanish American war l was a Captain in Roosevelt's Rough Riders. U , ^ ^ ) Tomorrow I shall be at the farm down below Richmond/ but if you will have your Secretary communicate with me at this hotel if I may see you and when, I will gladly present myself. With every assurance of high regard, and again tendering ny sincere congratulations to you for your splendid letter I beg to be, Faithfully yours Robert Balsey Bruce, RoJwr W -v ^ J/.ua;-, „ June 27, 1938. Mr* Robert Halsey Bruce, Ebbitt Hotel, Tenth and H Streets, Northwest, Washington, D. C. Dear Mr. Bruce: This is to acknowledge receipt of your letter of June 21st Kith reference to my recent letter to Senator Vandenberg. I was interested to have your comments. My ov<n program has been so crowded that I have not been able to make definite appointments, but it occurred to me that if you were in Viashington, you might communicate with my assistant, Mr. Clayton. I want to thank you for your courtesy in writing. Sincerely yours M. S. Eccles Chairman