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B. B A R R E T G R I F F I T H 8 CO.. INC. c COLORADO S P R I N G S . COLORADO August 3, 1948 DENVER INVESTMENT COUNSEL Mr. Marriner S. Iceles Federal Reserve Board Washington, D. C. Dear Marriner: As usual, I was very much interested i n reading your testimony given today and during the last several days# I t is most commendable that some administrators appraise facts so r e a l i s t i c a l l y . For your interest are enclosed three of our recent Bulletins which I thought might be of interest to you. Sincerely yours Encl August 11, 1948• Mr. B. Barret G r i f f i t h , B. Barret G r i f f i t h & Co.,Inc., Colorado Springs, Colorado. Dear Barret: I have always endeavored to be realistic in m appraisals of current proby lems and I appreciate very much the indication in your letter of August 3rd that you feel I have succeeded in doing so. Sincerely yours, C M
