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December 10, 1936 Mr* Walter Lippmann, New York Herald Tribune, Xew York City* Dear Hr. Lippmannt Enclosed is a mimeographed copy of an extemporaneous talk which I recently delivered in Boston and in which I thought you might possibly be interested* This was Intended to be off the record, bat was taken down by stenotype and has been revised so that X fee1 it is not inappropriate to have it become public* X had intended sending you a note before now to say how favorably impressed I was with your article of December Sd on "The Control of the Boom*11 It seemed to me to be such an able and understandable statement of the general problem that I had it circulated among members of the Board and staff* Seed* less to say, I feel it would be difficult to orerstress the im portance of focusing the attention of the public and particularly of the banking and business world upon the problems of con solidating and preserving the recovery* I was glad to have had an opportunity of a talk with you and hope that you will let me know when you come to Washing ton again* Sincerely yours, X. Sm EccXes, Chairman* enclosure NEW^YORK 3HCeralb ¿mms* STtifautic December 15, 1936 Hon. Marriner S. Eccles Feceral Reserve System Washington, D. C. Dear Governor Eccles: I am very glad to have your Boston address, which I am taking home with me to study tonight. I am glad you liked that article of mine. It could not, of course, have been written without the talks we had some weeks ago. Sincerely yours,