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UNITED HATTERS, CAP AND 245 FIFTH MILLINERY WORKERS AVENUE, NEW YORK INTERNATIONAL 16, UNION N.Y. T ele p ho ne , M U r r a y Hill 3-1881 M A X Z A R I T S K Y , President MICHAEL F. G R E E N E , Gener a/ Secretary MARTIN L A W L O R , Label Secretary February 2 0, 1945 Mr, M arriner S. E c c le s , Chairman Board o f Governors * e d e ra l Reserve System 20th S tre e t and C on stitu tion A v ., NW Washington, D.C. Dear Mr. S o c le s : I am pleased to enclose copy of an a r t ic le which appeared in the jou rn al o f our o rg a n iza tio n , The Hat V/orker. As the a r t ic le d eals w ith your and Mr* W allace*s fundamental ideas about a full-em ploym ent economy, you m ight be in te re s te d in re&ding i t . Very s in c e re ly yours, Research D ire c to r This article is protected by copyright and has been removed. The citation for the original is: Braunthal, Alfred. “How to Create Jobs for All.” The Hat Worker, February 15, 1945, p. 13. An editorial cartoon under copyright protection has also been removed. The citation for the original is: “The March of Labor.” The Hat Worker, February 15, 1945, p. 13. February 22, 1945* Mr. Alfred tfraunthal, Research Director, United Hatters, Cap and Millinery Workers International Union, 245 Fifth Avenue, New York 16, New York. Dear Mr. Braunthal: This is to thank you for your letter of February ¿0 enclosing a copy of your very interesting article, which I have read with care. I feel that so far as my own general viewpoint is concerned, you have excellently summed it up. I wish there were more of this kind of understanding and that some of the 'great daily newspapers that seem to me most unenlightened had a more rational and realistic approach -than is ex hibited by their typical editorials. Sincerely yours, M. S. Eccles, Chairman. ET:b “HAT WORKER J. C. R IC H , Editor http://fraser.stlouisfed.org/ gg^»4S9 Federal Reserve Bank of St. Louis Monthly Publication of the UNITED HATTERS, CAP AND M ILLINERY WORKERS INTERNATIONAL UNION 245 Fifth Avenue, New York, N. Y Telephone: MUrray Hill 3-1881 March 2, 1945 Mr. M. S. Eccles, Chairman Board of Governors of the Federal Reserve System Washington 25, D. C. Dear Mr. Eccles: Your letter of February 22 to Mr. B r a u n th a l commenting on his article in The HAT WORKER gave me a vicarious thrill. Here at last was confirmation of my editorial judgment from at least one authoritative source. But professional vanity aside, I think it would be good for our readers in particular and for labor generally to understand that the daily press isn't always right when it passes its wholesale and pontifical judgments on the most complicated and controversial questions. Uor does the general press render service to the public interest when it ignores or plays down problems of vital significance. It is with this thought in mind that I should like your permission to reproduce your letter to Mr. Braunthal in the next issue of The HAT WORKER. Perhaps it would encourage readers to dig into what they consider difficult and therefore wxminter esting" material. And certainly it would vindicate the editorial propriety of running such articles. Thank you very much for your kind comment on Mr. Braunthal*s article, comment that I should like others to know about. Sincerely yours, March 6, 1945» Mr. The 245 New J. C. itich, Editor, Hat worker, Fifth Avenue, York, New York. Dear Mr. fl-ich: I agree with what you say in your letter of March 2 about the characteristically pontifical judgments, so often in error, that appear on the editorial pages of leading newspapers. Much as I would like to acquiesce in your suggestion for re printing my note to Mr. Braunthal, it occurs to me that while you and I have a pretty good idea as to what newspapers I refer, 1 did not specify them, and this sort of blanket criticism is likely to be mis understood as applying to some newspapers that are not so unenlightened or so pontifical. I had in mind certain of the primarily financial journals and financial writers, but not all of them. I have a notion that your readers and labor generally already understand that the daily press often reflects a narrow and selfish interest. It is of some significance that the press as a whole has been so hostile and so ineffective iii the last four national elections. Sincerely yours, M. S. Eccles, Chairman. ET:b