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THE INDEPENDENT BANKERS ASSOCIATION A. B . LARSON, P r e s id e n t S T A T E B A N K a T R U S T C O .. F A R IB A U L T A . P. S T O L L ,, W . W , C H U R C H IL L . V IC E p r e s i d e n t FA R M E R S a M ER C H A N T S ST A T E B A N K . P IE R Z T reasu rer U N IO N N A T IO N A L B A N K . R O C H E S T E R B E N D U B O IS , SECRETARY S A U K C EN TRE. MIN N . EXECU TIVE C O U N C IL H A R R Y LEE. b a n k o f l o n g p r a i r i e , l o n g P r a i r i e E. O . H A B B E R S T A D , f a r m e r s A n d m e r c h a n t s s t a t e b a n k M. L. E R IC K S O N , l a k e c i t y b a n k a t r u s t c o . A . F. H A S S E N S T A B , w a b a s s o s t a t e b a n k H M. H E N N E M A N , s e c u r i t y s t a t e b a n k , w a r r o a d C H A S . E. B A R K L , f a r m e r s a m e r c h a n t s b a n k , h u r o n . s . d . VER N E W E L L S , s e c u r i t y s t a t e b a n k , r o b i n s o n . n . d . T. R. FR E N T Z, n e w a m e r i c a n b a n k , o s h k o s h . W i s c o n s i n b l o o m in g p r a ir ie November 19, 1935 Hon. Marriner S. Secies, Governor Federal Reserve Board lashingtôn, D. C. Dear Governor Eccles; Ihile your ideas and ours do not coincide on the branch bank question, we find ourselves in agreement- with many of your banking views. Our Association realizes, of course, that the recent fight over the Second Vice-Presidency of the American Bankers Association is not a conflict between the independent bankers and the branch bankers, but more an Anti-Administrâtion move. Our Association does not subscribe to the attitude of the American Bankers Association as expressed at their Convention. By far, the majority of our members are not members of that Association, they feel that to quite an extent that Association is an organization directed by the larger bankers. The position Mr. Adams took was, of course, illogical and we compliment you on the able way you took him to task in your address. BD:EG Ben DuBois Secretary Chairman xxxxxxx November ¿5» 1935* M r. Ben iÀ iB o is , S e c r e ta r y , The Independent B an k ers A s s o c ia t io n , Sauk t e n t r e , M in n e so ta . My d e ar M r. D u B o is: I th a n k you v e r y much f o r y o u r l e t t e r o f November i 9 t h , and am g ia d to know t h a t you ap prove o f the a d d re ss which I made b e fo re th e Am erican B an k e rs A s s o c ia t io n a t New O r le a n s on November l^ t h . I am e n c lo s in g a s te n o g r a p h ic t r a n s c r i p t o f th e a d d re ss. Very t r u l y y o u rs , M. S . E c c le s , Chairm an. M SE:V E:b
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