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N ATIO N AL H OUSING A G E N C Y FEDERAL HOME LOAN BANK ADMINISTRATION 101 INDIANA AVENUE, N. W. WASHINGTON 25, D. C. FEDERAL HOME LOAN BANK SYSTEM FEDERAL SAVING S AND LOAN IN SU RAN CE CO R PO RATIO N H O M E O W N E R S' LO AN CO R PO RATIO N UNITED STATES HOUSING CORPORATION January 2 , 194-5 • OFFICE OF THE COMMISSIONER H o n o rab le M a rrin e r S. E c c le s , Chairman, Board o f G overn ors, F e d e r a l R eserve System, W ashington, B .C . D ear M a rrin e r: Not u n t i l Sunday d id I have an o p p o rtu n ity to re a d your a d d ress a t th e meeting o f th e N a tio n a l In d u s t r i a l Conference Board on November 1 6 th , which was g iv e n to me o n ly a few days ag o . May I c o n g ra tu la te you most e n t h u s ia s t i c a lly on t h i s statement? I n every r e s p e c t I th in k i t i s one o f the f i n e s t a d d re s se s you have e v e r made. In d e e d , v e ry fe w have come t o my a t t e n t io n i n re c e n t y e a rs which compare w ith i t . I t i s packed w ith s o l i d .wisdom and f u l l o f power. I f c o p ie s o f i t a re a v a i l a b l e i n any form I would a p p r e c ia te y o u r sending me ten o r a dozen. I would l i k e to put them i n the hands o f some f r i e n d s o f mine. W ith every good w ish , S in c e r e ly y o u rs , John H. Fahey, Commissioner. January 3, 1945 H onorable John H. Fahey, Commissioner, F e d e r a l Home Loan Bank A d m in istra tio n , 101 In d ia n a «v e n u e , N o rth w est, Washington ¿5> D. C. D ear M r. Fahey: a s Mr. E c c le s i s en ro u te back from th e West where he spent th e h o lid a y s w ith h is fa m ily , I am ac know ledging your l e t t e r o f January 2 and e n c lo s e a dozen c o p ie s o f the t a l k he gave b e fo r e th e N a t io n a l I n d u s t r i a l Conference Board on November 16. I know he w i l l be much g r a t i f i e d by your v e ry generous comment. w ith b est r e g a r d s , ò in c e r e ly y o u rs, Elliott Thurston, òpecial Assistant to the Chairman. Enclosures ET:b 12 NATIONAL HOUSING A G EN CY F E D E R A L H O M E L O A N B A N K A D M IN IS T R A T IO N 101 INDIANA AVENUE, N. W. WASHINGTON 25. D. C. F E D E R A L H O M E LO A N BA N K S YSTEM F E D E R A L S A VIN G S A N D LO A N IN S U R A N C E C O R P O R A TIO N H O M E O W N E R S ' LO A N C O R P O R A TIO N U N IT E D S T A T E S H O U S IN G C O R P O R A TIO N January 5, 1945. Mr. E l l i o t t Thurston, S p e c ia l A s s is t a n t to the Chairman, F e d e r a l R eserve System, W ashington 25, D .C . Dear Mr. Thurstons I n th e absence o f Mr. Fahey from the C it y I am w r it in g to acknowledge y ou r l e t t e r o f January 3rd sendin g a dozen c o p ie s o f Mr. E c c le s 1 t a l k "The P ost-W ar P r ic e P r o b le m -In fla t io n o r D e f l a t i o n " . Mr. Fahey w i l l a p p r e c ia te v e ry much y o u r sendin g t h i s m a t e r ia l t o him. S in c e r e ly y o u r s , G lo v e r, t lC o m m i s s i o n e r .
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