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■A P E T M IL K C O M P A N Y ■' ' .GE N E R A L ' © V f j p e s ' ' A f t C A D f ' & V l LCMNG SAINT LOUIS ; MISSOURI. April 27, 1938. Hon. Marriner S. Eccles Board of Governors of the Federal Reserve System Washington, D. C. My dear Marriner: I might write your letter of the 25th, but I cannot be very well settled by many other things to do as you you at very considerable length in reply to agree with you that these are matters that correspondence between two men who have as and I have. I would very much welcome an occasion on which we might sit down together, with nothing else on our minds, and talk the subject over. My guess is that there is not any great difference between us, ex cept that we may be looking at specific matters from somewhat different points of view. Blending our points of view might help both of us. I haven't yet read the document attached to your letter, but I shall do so at the earliest opportunity. With very best personal regards, I am Very truly yours, * WTN:AS P.S. After dictating the foregoing, I had a few minutes loose and read the memorandum attached to your letter. I suspect you haven't read it or you wouldn't have sent it to me. It seems to me it shoots about as far around the specific points of my letter as it were possible to do. When we have that time together with nothing else to do, we can go into that, too.