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THE INDEPENDENT BANKERS ASSOCIATION M. L. E R I C K S O N , p r e s id e n t LAKE CITY BANK ft TRUST CO. W . R. S P E N S L E Y . V ic e P r e s i d e n t H A R R Y LEE. T r e a s u r e r SECURITY STATE BANK. HIBBING BANK OP LONG PRAIRIE BEN DUBOIS. SECRETARY E X EC U TI VE C O U N C I L 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 . H. O. D IL LE Y. f i r s t n a t i o n a l b a n k , n o r t h f i e l d . m i n n . A . P. D R U M M O N D , b a n k o f b o n i f a y . b o n i f a y . f l a . T. R. F R 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 H. M. H E 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 . m i n n . J A Y E. M A R K L E , b a n k o f c o m m e r c e a s a v i n g s , d u l u t h . m in n N. B. M A T T H E W S , b a s i n s t a t e b a n k , S t a n f o r d . Mo n t a n a C. P. S O M M E R S T A D , f i r s t n a t i o n a l b a n k , w a s e c a . m i n n . R. E. S P R A G U E , s p r a g u e s t a t e b a n k . C a l e d o n i a , m i n n . A . P. S T O L L . FARMERS a MERCHANTS s t a t e b a n k , p i e r z . m i n n . V E R N E W E L L S , s e c u r it y s t a t e b a n k , r o b in s o n . n . d . O F F IC E O F S E C R E T A R Y S A U K C E N T R E , M IN N E S O T A June 20, 1939 Honorable Marriner S. Eccles, Chairman Federal Reserve Board Washington, D. C. Dear Mr. Eccles: Can I have a copy of the address you delivered before the Harvard Business School Alumni? I understand Its release number is Z-172. I find myself so often In agreement with your theories that I am sorry you are cockeyed on the branch bank question. Ben DuBols Secretary BD/ds
@FedFRASER