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OFFICE OF PRICE ADMINISTRATION WASHINGTON 25, D. C "FICE O F T H E A D M I N I S T R A T O R October 6, 1944 Mr. M&rriner S. Eccles Chairman Board of Governors Federal Reserve System Washington, D. C# Dear'Marriner: I am attaching a copy of a memorandum to the eight thousand members of our Advisory Committees on the inflationary and deflationary dangers which we are likely to face during the coming year,together with a general outline of the program which we are developing to meet them. I will be glad to get any suggestions or criticisms. With my best regards. Sincerely, Chester Bowles Administrator Attachment
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