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L L MCGIVENA & CO.. INC. . ADVERTISING 4 4 4 MAD/SON AVE, NEW YORK 2 2 , N. Y. Dear M r . Eccles: I would appreciate very mack r e c e i v i n g a copy o f the testimony you gave yesterday before the J o i n t Committee on the economic report. I n my o p i n i o n , you are about the o n l y man i n the country who knows tfiat makes the i n f l a t i o n t i c k , and has the courage t o speak out about i t i n p u b l i c . Whether Congress w i l l have sense enough t o l i s t e n t o your proposals i s something else again. Thanks vexy much. Sincerely, Howard W. Roper Mr. Marriner S. Eccles Board o f Governors Federal Reserve Board Washington, D. C. January 26, 1951 HWB/mm January 31, 1951. Mr. Howard W. Roper, L . E. McGivens & Co., I n c . , / t /i/i Madison Avenue, New York 22, New York. Dear Mr. Ropers I t was very t h o u g h t f u l o f you t o take time t o w r i t e me about my testimony on January 25, before the J o i n t Comm i t t e e on the Economic Report i n i t s hearings on the P r e s i dent.*^ Economic Program. I always appreciate having the r e a c t i o n s o f o t h e r s , whether of approval or c r i t i c i s m , t o my p u b l i c u t t e r a n c e s . I am glad t o know t h a t you approve o f the suggestions I made i n my statement before the Committee as r e p o r t e d i n the newspapers. I n accordance w i t h your request I am sending t o you h e r e w i t h a copy o f my statement. I hope you w i l l f i n d i t i n t e r e s t i n g . S i n c e r e l y yours, M. S. Eccles. Enclosure. VE:dls
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