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R e s e a r c h C o u n c i l f o r E c o n o m i c Se c u r i t y 105 West Monroe Street C h ic a g o 3 , I l l in o is G e r h a r d H ir s c h fe ld , Director May 20, 1946 Mr. Marriner S. Socles Chairman Federal Reserve Board 19th and Constitution, N.W. Washington, D.C. Dear Mr. Eccles: Our organization is engaged in the investi gation of all phases of economic security. We were interested in a recent newspaper article concerning your address in St. Louis on May 2nd before the Illinois Bankers* Association Con vention. If it is available, we should like to have a copy of this address. We found your comments as reported in the newspaper article very significant. May £.1+y 1946 • Mr. uerhard Hirschfeid, Director, Research Council for Ecobomi'c Security, 105 «est Monroe Street, Chicago 3, Illinois. Dear Mr. Hirschfeid: This is to acknowledge your letter of May 20, but inasmuch as I had no prepared address when I unexpectedly was pressed to speak before the Illinois Bankers when they were in St. Louis, I have no copy of what I said and, tnerefore, cannot comply with your request. Sincerely yours, M. S. Eccles, Chairman. ET:b
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