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BURNET R. MAYBANK, S. C., CHAIRMAN GLEN H. TAYLOR, IDAHO J. W. FULBRIGHT, ARK. A. WILLIS ROBERTSON, VA. JOHN SPARKMAN, ALA. J. ALLEN FREAR, JR., DEL. PAUL H. DOUGLAS, ILL. RUSSELL B. LONG, LA. CHARLES W . TOBEY, N. H. HOMER E. CAPEHART, IND. RALPH E. FLANDERS, VT. JOHN W . BRICKER, OHIO IRVING M. IVES, N. Y. A. LEE PARSONS, CLERK QlCmteb J£>i<xte& Senate C O M M I T T E E ON BANKING AND CURRENCY January 30, 1951 Mr, Marriner S. Eccles Board of Governors Federal Reserve System Washington, D. G. Dear Marriner: Thank you so much for your letter and the copy of your report • I think i t is excellent and very sound. Of course you know that I feel no restraint about plagiarizing your work so I intend to make use of i t . As usual, you are about the only one I know who makes any sense on fiscal matters in these critical times I hope to see you soon With kindest regards, I a m Sincerely yours, JWF:dw