View original document

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

FISHER

AND

COMPANY

IN C O R P O R A T E D

FISH ER

BUILDING

DETROIT, MICHIGAN

Fe b r u a r y

24,

1939«

M r . M a r r i n e r S. E c c l e s , C h a i r m a n ,
Bo a r d o f G o v e r n o r s o f t h e
Fe d e r a l Re s e r v e S y s t e m ,
Fe d e r a l R e s e r v e Bu i l d i n g ,
W a s h i n g t o n , D. C.
Dear Mr . Ec clessWOULD YOU BE KIND ENOUGH TO FAVOR US WITH
C OPIES OF THE ANNUAL REPORTS OF THE BOARD OF GOVERNORS
of

the

Fe de ra l R eserve Sy s t e m

for

the

1537

years

and

1938.
I
the

other

Detroit
were

had

day

and

most

I

the

pleasure

given

before

want

you

of

hearing

Ad dress

your

T he Ec o n o m i c Cl u b

to

know

that

i n t e r e s t i n g , as

well

as

your

of

comments

instructive.

t AM INCLINED TO THINK THAT THE CLUB AS A
WHOLE GREATLY APPRECIATED THE VERY FIN E AND E F F E C T I V E
MANNER IN WHICH YOU DISCUSSED PROBLEMS WHICH WERE
TAKEN UP FOR CONSIDERATION BEFORE THE C L U B .

W
YOU

ith

my

best

personal

Ve r y

HSsLW




regards

IN ADVANCE FOR THE ABOVE FAVOR,
truly

and

thanking

I REMAIN
yours,

March 1, 1939*

Mr. Harold E. Sweeney,
Statistical Division,
iisher and Company,
*isher Building,
Detroit, Michigan.
Dear Mr. Sweeney:
In accordance with the request in your
letter of February ¿4, 1939» I
enclosing copies
of the Board’s Annual fteports for 1937 «»nd 1938.
Your very kind comments on my recent
talk before the Economic Club of Detroit are
gratifying and I appreciate your courtesy in tell­
ing nie of the general reaction to this discussion
of complex, and frequently highly controversial,
economic problems.
Sincerely yours,

M. S. Eccles,
Chairman.
Enclosures 2

ET:b