View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Öüjr lErnunmu € l « b
n f Setrott

64B0 Kercheval Avenue
January 12, 1959
Hon. Marriner S. Eccles
Chairman, Board of Governors
Federal Reserve System
Washington, D. C.
My dear Chairman Eccles:
Upon returning to Detroit the .writer sent the following
wire in confirmation of Monday noon, February 20th, as the date for
a luncheon to be arranged in your honor under the auspices of The
Economic Club of Detroit, as suggested in your letter of January 4th:
"ANSWERING YOUR LETTER JANUARY FOURTH, THIS WILL CONFIRM
MONDAY NOON FEBRUARY TWENTIETH FOR LUNCHEON TO BE ARRANGED
IN YOUR HONOR AUSPICES ECONOMIC CLUB OF DETROIT.

LETTER

FOLLOWS."
We shall have in mind your desires in reference to the matter
of publicity and are confident this can be arranged to your satis­
faction particularly if you can arrange some suitable press releases.
Also, we shall await with much interest the wording of your subject
and the names of any of your friends or others whom you would like to
meet or have especially recognized at the Speaker*s Table or either
before or following the luncheon so that your trip will prove most
interesting and worthwhile for you.
Upon the returning to Detroit of your Detroit representative,
Mr. Ralph H. Buss, the writer will consult further with him and with
the Presidents of the various Detroit banks concerning details of the
arrangements.




Allen B. Crow,
President

"¿T «a-ßlUv*

<=__

Xo-w-

January 17, 1939.
Mr. Allen B. Crow, President,
The Economic Club of Detroit,
6^60 Kercheval Avenue,
Detroit, Michigan.
Dear Mr. Crow:
This is to acknowledge receipt of your wire and
of your letter of January 12th with reference to my meeting
with The Economic c-lub of Detroit at luncheon on Monday,
February 20th, for an off the record talk. If it is pos­
sible to do so, I shall try to prepare a brief press state­
ment in advance, ks it appears now, I think it would be
most timely for me to discuss what the Government’s
objectives of fiscal and monetary policy should be.
In accordance with your thoughtful suggestion,
it occurred to me that possibly you might wish to have at
the Speaker's Table, in addition to Mr. "uss, such directors
of the Detroit Branch of the Federal Reserve Bank as may
be able to attend and perhaps the State Banking Commissioner
if he is also available. However, I would prefer to leave
this entirely in your hands.
Since occupying a public office, I have always
felt that I should not accept remuneration in any form in
connection with articles, addresses, etc., dealing with the
public business and, accordingly, while I am grateful for
the offer to defray expenses, I must adhere to my rule in
this regard.
Again permit me to thank you for your courtesy.
I shall look forward with pleasure to being with you on
February 20th.

Sincei*eiy yours,

M. S. Eccles,
Chairman.

ET:b