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DR. AMOS R. KOONTZ 'MSULTATION 1 0 1 4 SAINT PAUL BALTIMORE 2 * BY A P P O I N T M E N T STREET MD. 7 March 1951 Mr* M a r r i n e r 3 . E c c l e s , Member Board o f Governors Federal Reserve System Washington, D. C. Dear M r . E c c l e s : I would g r e a t l y a p p r e c i a t e your sending me s e v e r a l r e p r i n t s o f your e x c e l l e n t a r t i c l e e n t i t l e d "Preparedness Against Both War and I n f l a t i o n 1 1 i f you can spare them. I would l i k e t o have one f o r myself and s e v e r a l f o r d i s t r i b u t i o n t o some o f my f r i e n d s . The a r t i c l e I r e f e r t o was your statement before t h e J o i n t Committee on t h e Economic Report made 25 January 1951* I t i s t o o bad t h a t every c i t i z e n o f our country who i s i n t e l l i g e n t enough cannot read t h i s t h o u g h t f u l statement. Sim ARK:b March 9 , 1951. D r . Amos R. Koontz, 1014 S a i n t Paul S t r e e t , B a l t i m o r e 2 , Maryland. Dear D r . Koontz: I n accordance w i t h the r e q u e s t i n your l e t t e r o f March 7 , I am enclosing h e r e w i t h 10 copies o f my s t a t e ment o f January 25 before the J o i n t Committee on the Economic Report i n i t s hearings on the P r e s i d e n t s Economic Program. I g r e a t l y a p p r e c i a t e your encouraging comment about my statement and w i s h t o thank you f o r your t h o u g h t f u l ness i n w r i t i n g t o me. Sincerely yours, M* S. E c c l e s . Enclosures