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Pa^SIDENT T..JM A S W. LEGGETT *BANK COMMISSIONER LITTLE ROCK, ARKANSAS NATIONAL ASSOCIATION FIRST VICE-PRESIDENT \RD RAPPORT w COMMISSIONER iW rF O R D , CONNECTICUT OF SUPERVISORS SECOND VICE-PRESIDENT H. EARL COOK SUPERINTENDENT OF BANKS COLUMBUS, OHIO STATE "BANKS THIRD VICE-PRESIDENT WILFRED J. BEGNAUD STATE BANK COMMISSIONER BATON ROUGE, LOUISIANA OFFICE OF THE PRESIDENT VICE-CHAIRMAN OF THE EXECUTIVE COMMITTEE F. A. AMUNDSON COMMISSIONER OF BANKS ST. PAUL, MINNESOTA SECRETARY OF THE ASSOCIATION AND OF THE EXECUTIVE COMMITTEE L. K. ELMORE DEPUTY BANK COMMISSIONER HARTFORD, CONNECTICUT STATE CAPITOL BUILDING LITTLE ROCK, ARKANSAS TREASURER ADDIE LEE FARISH SUPERINTENDENT OF BANKS MONTGOMERY, ALABAMA CHAIRMAN OF THE EXECUTIVE COMMITTEE JOHN D. HOSPELHORN DEPUTY BANK COMMISSIONER BALTIMORE, MARYLAND April 23, 19^7 Hon. Marrlner S. Eccles Chairman, Federal Reserve Board Washington, D. C. Dear Mr. Eccles: The national Association of Supervisors of State Banks is to have its annual conference at the Mayflower Hotel, Washington, D. C., September 24, 25 and 26. I would like to ask, and I know all the members would feel highly honored, you to appear on the program, on a subject of your choosing. I hope that you may arrange your various schedules so that you may be with us at that time. As you know, our members have been working in harmony and close cooperation with the Federal Reserve System, and we have had a good number from your System in attendance at our various annual conferences. In the past it has been the practice of the Regional Federal Reserve Bank to have a part in entertaining the supervisors— usually a cocktail party and dinner. I would be glad to know if your Board would like to commit itself to this extent in entertaining the supervising group during the September conference. The cooperation of your Board and its personnel will be highly appreciated. twl/aa A p r i l 2 5 , 194-7 Mr. T. W, Leggett, President, National Association of Supervisors of State Banks, State Capitol Building, Little Rook, Arkansas. Dear Mr. Leggett: On behalf of Chairman Eccles who is on a trip in the West, I wish to acknowledge receipt of your letter of April 23 inviting him to speak at the annual conference of the Association at the Mayflower Hotel on September 24-, 25 and 26. He will be back in Washington on May 10, but if you would’prefer to have me got in touch with him before that date, I shall, be glad to do so. Of course, if we happen to be in telephone communication I shall bring the matter up and let you know his answer promptly. With regard to your further suggestion, oddly enough a letter was sent to Mr, John D. Hospelhorn, Chairman of your Executive Coramitt.ee, on April 24- after the Board had discussed the matter and requested Mr. Clayton to inquire informally as to whether an invitation by the Board for a dinner would be favorably received, Mr. Clayton’s letter is dated April 24- and yours was written only the preceding day, so in effect the letters with the identical ideas crossed in the mails. Accordingly, I am able to answer this inquiry in a most enthusiastic affirmative. The time and arrangements most convenient to you can be determined later on, of course. Sincerely yours, ¡Elliott Thurston, Assistant to the Chairman, E T :b PRESIDENT THOMAS W. LEGGETT BANK COMMISSIONER L ITTL lT ROCK, ARKANSAS Fl^ST VICE-PRESIDENT \RD RAPPORT W ^ COMMISSIONER W ATFORD, CONNECTICUT NATIONAL ASSOCIATION OF SUPERVISORS OF SECOND VICE-PRESIDENT H. EARL COOK SUPERINTENDENT OF BANKS COLUMBUS, OHIO STATE BANKS THIRD VICE-PRESIDENT WILFRED J. BEGNAUD STATE BANK COMMISSIONER BATON ROUGE, LOUISIANA OFFICE OF THE PRESIDENT STATE CAPITOL BUILDING LITTLE ROCK, ARKANSAS TREASURER ADDIE LEE FARISH SUPERINTENDENT OF BANKS MONTGOMERY, ALABAMA May 2, 19*4-7 Mr. Elliott Thurston, Assistant to the Chairman Board of Governors Federal Reserve System Washington, D. C. Dear Mr. Thurston: Thank you very much for your letter of April 25» I appreciate the offer of the Board in inviting us for dinner during the course of the Annual Con ference September 24, 25 and 26 the details of which can "be worked out sometime later* 9 After Mr* Eccles' return to Washington you may advise me at your convenience if he wishes to have a place on our program, in which event we will be pleased and feel highly honored* Thanking you, I am Very truly yours, T. W. Legg^t, President twl/aa CHAIRMAN OF THE EXECUTIVE COMMITTEE JOHN D. HOSPELHORN DEPUTY BANK COMMISSIONER BALTIMORE, MARYLAND VICE-CHAIRMAN OF THE EXECUTIVE COMMITTEE F. A. AMUNDSON COMMISSIONER OF BANKS ST. PAUL, MINNESOTA SECRETARY OF THE ASSOCIATION AND OF THE EXECUTIVE COMMITTEE L. K. ELMORE DEPUTY BANK COMMISSIONER HARTFORD, CONNECTICUT May 15, 1947. Mr. T. W. Leggett, President, National Association of Supervisors of State Banks, State Capitol Building, Little Rock, Arkansas. Dear Mr. Leggett: On Mr. Eccles return I told him of our con versation and your desire to have him participate in the Conference program. He will be very glad to take advantage of your invitation to speak at some one of the sessions during the day, and asked me to thank you particularly for your invitation. I take it that you are arranging schedule of speakers, an«^ it would be very if you would advise Mr. Eccles or me as to you would prefer to have him speak as well speakers would be on the same program, the program and much appreciated the time at which as to what other I was very glad to have the opportunity to talk to you and Mr. Elmore when you were here recently. Sincerely yours, Elliott Thurston, Assistant to the Chairman. E T :b PRESIDENT THOMAS W. LEGGETT SANK COMMISSIONER LITTLE ROCK, ARKANSAS NATIONAL ASSOCIATION FIRST VICE-PRESIDENT ^ ' f R D RAPPORT COMMISSIONER IW TF O R D , CONNECTICUT OF SUPERVISORS OF SECOND VICE-PRESIDENT H. EARL COOK SUPERINTENDENT OF BANKS COLUMBUS, OHIO STATE BANKS THIRD VICE-PRESIDENT WILFRED J. BEGNAUD STATE BANK COMMISSIONER BATON ROUGE, LOUISIANA OFFICE OF THE SECRETARY 239 STATE OFFICE BUILDING HARTFORD, CONN. TREASURER ADDIE LEE FARISH SUPERINTENDENT OF BANKS MONTGOMERY, ALABAMA Jane 25, 19^7 Mr. Elliott Thurston Assistant to Chairman Federal Reserve System Washington, D. C. Dear Mr. Thurston: In our program arrangements for the Annual Conference of the National Association of Supervisors of State Banks in September, we have set the time for the talk "by Chairman Eccles at 11:20 A.M. Thursday, September 25. This is the last speaker in the morning and the time period runs to 12 o ’clock. Will this "be satisfactory to Mr. Eccles? I would appreciate it if you would let me know the subject of Mr. Eccles talk as soon as he has determined it so that we may use it in our program preparations. I had to make a flying trip to Washington yesterday in connection with conference arrangements and endeavored to contact you on the telephone hut you were away from the office. With "best regards, Sincerely yours, L. K. Elmore Secretary LKE:arh CHAIRMAN OF THE EXECUTIVE COMMITTEE JOHN D. HOSPELHORN DEPUTY BANK COMMISSIONER BALTIMORE, MARYLAND VICE-CHAIRMAN OF THE EXECUTIVE COMMITTEE F. A. AMUNDSON COMMISSIONER OF BANKS ST. PAUL, MINNESOTA SECRETARY OF THE ASSOCIATION AND OF THE EXECUTIVE COMMITTEE L. K. ELMORE DEPUTY BANK COMMISSIONER HARTFORD, CONNECTICUT June 2 7 , 1947. D ear M r. Elm ore: Thank you for your letter of June 25. I am sorry that I missed you when you made your flying trip to Washington. I shall advise Mr. Eccles of the scheduled time and will let you know as soon as possible what subject he has in mind to discuss. With best regards, Sincerely yours, Mr. L. K. Elmore, Secretary, National Association of Supervisors of State Banks, 239 State Office Building, Hartford, Connecticut. E T :b Form F. S. 131 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Office Correspondence Date j^e g7. w T o ________ Chairman Eocles_____________ Subject!_______________________ P r o m ______Mr, Thurston________________ ___________________________________ I have a letter from L. K. Elmore, Secretary of the National Association of Supervisors of State Banks, in which he says that they would like to have you speak at 11 A.M. on Thursday, September 25» You will be the last speaker of the morning and will have until 12:00 noon, if that is agree able. ¡20 They would like to have some idea of the subject on which you intend to speak. July 3, 19k7- Mr. L* K. Elmore, Secretary, National Association of Supervisors of State Banks, 239 State Office Building, Hartford, Connecticut. Dear Mr. Elmore: The time which you suggested for Mr. Ecoles to speak, that is, at 11*20 A.M. Thursday, September 25, titie deadline being 12sQ0 noon, is entirely agreeable to him. Ee has not, however, as yet been able to conjure up a subject although I discussed with him in a general way what we talked about, namely, his setting his own record straight about the dual banking system once and for all, I hope. I have also urged him not to have a set speech because of my strong preference for extemporaneous talks rather than the often belabored reading of a text. How ever, that is not yet settled. Sincerely yours, Elliott Thurston, Assistant to the Chairman. ET: b there seens to be a slight lack of coordination between the President and the Secretary. ^ I checked I Hr. Brennan and found that a letter signed by Mr. Carpenter was sent to Mr. Elmore on June 30 re garding the dinner. for approval. You will recall it was circulated (No doubt the locations of Hartford and Des Moines accounts for this "lack“.) (AM- JÚ Á j VfrUAr 7 J ; ^ PRESIDENT THOMAS W. LEGGETT BANK COMMISSIONER L ITTL F R O C K , ARKANSAS NATIONAL ASSOCIATION FIRST VICE-PRESIDENT ^PRlLM tD RAPPORT COMMISSIONER ^ W t FORD, CONNECTICUT OF SUPERVISORS OF SECOND VICE-PRESIDENT H. EARL COOK SUPERINTENDENT OF BANKS COLUMBUS, OHIO STATE BANKS THIRD VICE-PRESIDENT WILFRED J. BEGNAUD STATE BANK COMMISSIONER BATON ROUGE, LOUISIANA OFFICE OF THE PRESIDENT STATE CAPITOL BUILDING LITTLE ROCK, ARKANSAS TREASURER ADDIE LEE FARISH SUPERINTENDENT OF BANKS MONTGOMERY, ALABAMA CHAIRMAN OF THE EXECUTIVE COMMITTEE JOHN D. HOSPELHORN DEPUTY BANK COMMISSIONER BALTIMORE, MARYLAND VICE-CHAIRMAN OF THE EXECUTIVE COMMITTEE F. A. AMUNDSON COMMISSIONER/^ BANKS ST. PAUL, MINNESOTA SECRETARY OF THE ASSOCIATION AND OF THE EXECUTIVE COMMITTEE L. K. ELMORE DEPUTY BANK COMMISSIONER HARTFORD, CONNECTICUT July 3» 19^7 Hon* Illiott Thurston, Assistant to the Chairman Board of Governors Federal Reserve System Washington, D. G# Dear Mr, Thurston: If you will recall, Mr. Iccles is to appear on the program at our annual conference to be held at the Mayflower Hotel, September 25: and 26. 2k, In this connection, I would be glad that you talk with Hr. Iccles as early as convenient, and if you can, advise the subject on which he is to speak. I would "be glad to have this by around July 20, as the Secretary expects to get out an advance agenda, which should go to the printer around the 1st to 10th of August. f / We would be glad also to know as early as practicable whom you will have as the dinner speaker on Thursday evening, September 25, at which time your Board is to give a reception and dinner to the |^ Supervisors. Would also be glad to know where the dinner is to be had, if at the Mayflower or some other location* I believe when I talked with you we discussed the possibility of getting Secretary of State Marshall to the dinner. I wonder if you have given this any further study and if anything has been done* On account of the International situation, I feel that Secretary Marshall's appearing on the program would create immense interest and attention among all those attending the conference* I will thank you very much for your attention and interest and awaiting your reply, I am July 16, 1947 Mr. T, W. Leggett, President, National Association of Supervisors of State Banks, State Capitol Building, Little ^ock, Arkansas* Dear Mr. Leggett: This is to thank you for your letter of July 3, to which I would have responded earlier but I wanted to discuss with members of the Board the question of a dinner speaker for Thursday evening, September 25. Incidentally, the dinner and reception are planned for the Mayflower Hotel* After discussing the matter, the Board came to the conclusion that it would not be possible to get Secretary Marshall to speak, and at this juncture I do not know the ánswer to the speaker problem but will let you know.at the earliest possible moment* I. agree that Secretary Marshall's appearance would be a ten-strike, not because he is especially gifted as a speaker, but because of his commanding position in the world today, I wish it were possible to get him but it seems to be out of.the question. I have previously advised Mr, Elmore that the appointed tiara, that is, li:20 to noon on Thursday, September 25, is en tirely satisfactory to Mr, Scales. He has not, however, conjured up a title for his talk, but if you need some title for program purposes tie can invent a general one, such as "The Economic Out look from the Viewpoint of Banking.,'1 With best regards, Sincerely yours, Elliott Thurston, Assistant to the Chairman, ET:b