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W. H. P A T R I C K . P
O D O S CARAWAY.

resident

W.

W.

TAYLOR.

Cashier

Vice-President




R.

S.

WHITE,

KATHERINE

Mr. Marriner S. Secies, Member
Board of Governors
Federal Reserve System
Washington, D. G.
Dear Mr. Iccles:
I want to thank you sincerely for
your letter of May 21st and a copy of Hie
"Executives’ Glub News” of March 8th containing
your address.
I most heartily agree with the thoughts
you expressed and cherish the hope that it may
have a profound effect on the present Administration
and Congress.
X consider you one of the outstanding
thinkers in the United States for the good of our
country at this time and hopw that you will consider
staying on the B oard of Governors at least until
these troubled times have quited down.

With assurance of my continued high
esteem and with every good wish, I am,

President.

A sst.

C ashier

BUGBEE.

A s st. C ashier