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WOMAN'S NATIONAL DEMOCRATIC CLUB 1526 NEW HAMPSHIRE AVENUE WASHINGTON 6, D. C. May 5,1945 Eon. ^arriner S. Eccles,Chr. Board of* Governors Federal Reserve System Washington 25, D.C. Dear Mr. Eccles: It was a great pleasure £o have you with us as our Honor Guest at our Luncheon on April 30th, and we are grateful to you f§r coming. Your timely talk interested and instructed us all and gave us a better understanding of problems relating to taxation and to inflation and deflation. Mrs. William L. Clayton and Mrs. William H. Davis wish to join in expressing our cordial thanks and warn well wishes. Faithfully yours, Mlaine ^xton Corresponding Secretary
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