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^ H H I f ^ f e M B j g B ^ J ^ ^ March 9, 1951 Mr. M a r r i n e r S. Eccles Board o f Governors o f t h e Federal Reserve System Washington, D # C. Dear Mr* E c c l e s : I t was indeed t h o u g h t f u l and k i n d o f you t o send me a copy o f your statement o f January 25 b e f o r e t h e J o i n t Committee o f t h e P r e s i d e n t s Economic Program. I am going t o be very much i n t e r e s t e d i n r e a d i n g t h i s through c a r e f u l l y because I have always had respect f o r your judgment, and moreover a d m i r a t i o n f o r t h e courage t o present t h e f a c t s as you saw them r e g a r d l e s s o f where t h e chips may f a l l * Yours HLCromar/imp
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