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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.