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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