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CITY NATIONAL B TRUST COMPANY TREET lIXSmSSSSÏSU -^ ¡ C H I C A G O 90. ILLINOIS March 7, 19^7 Mr. Marriner S. S c c l e s , Chairman Board o f Governors Federal Reserve System Washington, Dear Mr, Eccles: We have read with i n t e r e s t the newspaper accounts of your recent statement, made to the House Banking Committee, regarding the prevention of further monetization of the Federal debt. I f your statement to the Committee was prepared i n written form and i f copies are a v a i l a b l e f o r d i s t r i b u t i o n we should greatly appreciate receiving a copy of i t . Very t r u l y yours, Gr. I . Baniels Assistant Vice President
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