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RETAIL CREDIT INSTITUTE OF AMERICA wf... I N C O R P O R A T E D 917 Fi fteenth St r eet WASHINGTON 5, Northwest D. C. W i l l i a m J. C h c y n e y PRESIDENT RICHARD 08LENDER Oblcnder’s, Inc. _ 41*43 S. Queen Street Lancaster, Pa. SECRETARY Executi ve Di rector Executi ve 4 2 3 8 Oakland, Calif. ELIOT P. HIRSHBERG Finlay Straus New York, N. Y. VICE PRESIDENTS A. O. JENKINS Jenkins Jewelry C o , Inc. Jacksonville, Fla. F. M. McGRATH Scott Jewelry Co. Concord, N. H. LIN TO N OVERSTREET Rustin Furniture Co., Inc. Greensboro, N. C. JACK P. ROBERTS Roberts Credit Jewelers Battimore, Md. WILLIAM P. SHEIDV Kaufmann's Reading# Pa. ROBERT M. SPEER Home Furniture Co. Dallas, Texas • LEO WEISFIELD Weisfield ft Goldberg, Inc. Seattle, Wash. January 3, 1945 Hon. M a rr in e r S . E c c le s , Chairman Board o f Governors F e d e r a l Reserve System W ashington, D .C . Dear Governor E c c l e s : C H A IR M A N OF THE B O A R D N A T H A N S. SAC H S Sachs Quality Furniture, Inc 330 Eastern Blvd. Bronx, N- Y. DIRECTORS EDWARD A ADASKIN Ad« skin's Fall River, Mass, GU STAV J. AXELROD Fuld’s Furniture of Quality Philadelphia, Pa. HERM AN H. BARR Barr's Philadelphia, Pa. M. I. BEHRENS, JR. Ludwig Baumann New York, N. Y. DA VID J. BONWIT °«lace Credit Clothin« Pittsburgh, Pa. • BRIDGES J. scs Furniture Co. Charlotte, N. C. I. 8. BRODIE Reliable Stores Corp. New York, N. Y A. J. DAFFRON A. J. Daffron .Co. Richmond, Va. SIDNEY A. DA VID SO N Day’s Jewelry Stores Portland, Maine S. H. DeROY S. H. DeRoy ft Co. Pittsburgh, Pa. SAMUEL GERSON Gerson's, Inc. Detroit, Mich. ROW LAN D D. G O O D M A N Tappln's Newark, N. J. ISADORE HORWITZ Crescent Jewelry Co. Tucson, Ari*. J. HUDSON HUFFARD The Chicago House Furnishings Co. Bltiefield, Va. CECIL D. KAU FM AN N Kay Associates, Inc. Washington, D. C. W. E. KIMBRELL Kimbrell’s, Inc. Charlotte, N. C. It J. KLEMPERER May Associated Stores Columbus, Ohio LEO LEH M AN May, Stern ft Co. Plttsbursh, Pa. W. M. LONGMIRE Harbour-Longmire Co. Oklahoma City, Okla. Y. D. MARKSON Markson Brothers Boston, Mass. BERNARD F. McLAIN Hart Furniture Co. Dallas, Texas JAMES I. M c M A H A N McMahan Furniture Co. Santa Monica, Calif. SAMUEL A. MEYER S. A. Meyer Co. Washington, Pa. W. W. M ORRISON Morrison* Neese, Inc. Greensboro, N. C. A. DEWEY PARR Parr Brothers „ ^ Lancaster, S. C. IS A A C POTTS Little Potts Baltimore, Md. JULIUS ROSENFELD Continental Keller Co. , „ Council Bluffs, low« DAVID B. SONNEBO RN Howard Furniture C o .. Baltimore, Md« H. M «TEIN ä f ega*City Radio, Inc. New York, N. Y. S. Dayton, Ohio SAMUEL UNGERLEIDER Michaels Brothers EUGENE C. WHITE Gardner*White Co. Brooklyn, N. Y. Detroit, Mich. Officers Are Members of the Board of Directors I should l i k e to be a b le to place in the hands o f a l l o f our members r e p r in t s o f your t a lk g iv e n November 16 to the N a t io n a l I n d u s t r i a l Conference Board, c a r r ie d in the December Is s u e o f the F e d e r a l R eserve B u lle t i n under the t i t l e THE POSTWAR PRICE PROBLEM— IUFLATICN OR DEFLATION? I s i t p o s s ib le f o r me to o b ta in about 2000 r e p r in t s o f the a r t i c le ? I f they are s c a rc e , w hatever s m a lle r number may be a v a i la b le would be o f g r e a t v a lu e a l though we w ould have t o h an d -p ick our m a ilin g l i s t . I th in k your statem ent o f the t r a n s i t io n and e a r ly postwar economic s it u a t io n i s the c l e a r e s t , f i n e s t e x p o s itio n on the s u b je c t I have seen and I th in k th a t b u sin e s s men should read i t c a r e f u l l y . I have taken the l i b e r t y o f q uo tin g ex c erp ts from t h is t a lk in the January iss u e o f our paper, THE PEOPLE’ S CREDIT. S in c e r e ly y o u rs , January 5, 1945« M r, 'ft; J . oheyney, E x e c u tiv e D ir e c t o r , R e t a i l C re d it I n s t i t u t e o f Am erica, I n c . , 917 - 15th S t r e e t , N. m., Y»ashington 5, D. C. Dear M r. Cheyney: In the absence o f chairman E c c le s and on h is b e h a lf , t h i s w i l l acknowledge th e r e c e ip t o f your l e t t e r o f January 3 e x p re s s in g a d e s ir e to o b ta in 2,000 r e p r in t s o f th e Chairm an's ad d ress b e fo r e th e N a t io n a l I n d u s t r i a l Conference Board on November 16, 19UA» and p u b lis h e d in th e December is s u e o f th e F e d e r a l R eserve b u l l e t i n . The demand f o r c o p ies o f th e Chairm an's t a lk has t e m p o r a r ily exhausted our su p ply o f r e p r i n t s . However, i t i s expected th a t a d d i t i o n a l c o p ie s w i l l be a v a i la b le in the next day o r tw o, and we s h a l l be g la d t o d e l i v e r 2,000 o f the de s ir e d r e p r in t s to y ou r o f f i c e on Monday, January 3 . Chairman E c c le s w i l l , I am s u r e , be g r a t i f i e d a t your complimentary comments concerning h is speech. Very t r u l y y o u rs, (S ig n e d ) L . P . Bethea L . P . B ethea, D ir e c t o r , A d m in istra tiv e S e r v ic e s . LPB:hbw
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