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•^I'luxis. i3/t44
5652

d a l z i c r fv e n u s

eSt. jLouii 12, d\\iiiouxi
N o t ember

2, 1947

The Hon. Marriner S. Eccles,
Chairman, rhe Federal Reserve Board,
Washington, JD. C.
Dear Mr. Eccles:
Y o u merit the gratitude of the nation
for the suggestion made in your speech of September 25
before the Supervisors of State Banks, in which y o u
said: "It may be we could spend less on military f o r ­
ces if more were spent on maintaining conditions on
which democracy and peace depend."
It is good to
hear your authoritative voice added to those of others
who are trying to impress this truth upon the minds
of Americans.
You have laid your finger upon a malady
which, if not healed, will only compound our present
disasters:
the alarming penetration of militarism
and of the philosophy of force into our educational,
economic and administrative life* affecting both our
domestic and our foreign policies.
George Jfielding iiiliot has warned that
in a "small or m e d i u m - 3 ized state* freedom can be
destroyed by the Police State in just one year.
Con­
sidering certain grim developments in our own country:
the fact that the military branches had control of
about 80 per cent of some $600,000,000 spent by the
Government for scientific research and development
last fiscal year;
the pressure for conscription; and
the threats to freedom of thought;
one trembles to
think h o w far we m a y be along this road.
Friedelind Wbgner, grand-daughter of
the composer and now an A be rican citizen, said on the
same day that y o u made y o u r speech, that re-education
in Germany has failed because the A * ricans and tl«e
British have overlooked the traditional set-up of
uerman schools, which breed either tyrants or autom­
atons.
This is also the traditional set-mp of m i l ­
itarism.
May we venture to hope that y o u will
keep on reiterating your views until the nation
reaches a more healthful 3 tate of mind.




Sincerely yours,

November 7 , 1947

Dear Miss Bliss:
This is to thank you for your letter of
November 2 with regard to my recent talk to the
Supervisors of State banks.
It xs pleasant and gratifying to have your
favorable comment and I appreciate your taking the
trouble to write to me as well as to your Representative
in Congress and others.
Sincerely yours,

M. S. Eccles,
Chairman*

ET:ra

Miss Marie £liss,
565* Cates Avenue,
St. Louis 12, Missouri.