Full text of Marriner S. Eccles Papers : Letter to Mr. Chairman [Carter Glass], Box 13, Folder 7, Item 17

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Juno 11, 1956.

Honorable Garter Glass, ChsUroui,
Subooiaaittoo on Monetary folioy.
Bonking and Doposit Insurance,
Cozaalttoo on Bonking and Carreney,
Unitod Statoa Senate,

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door Mr* Chainojit

In rlow of th© question whieh was raitod during
tho dobato* In tho Houso of RoproooBtotivoo as to tho oon•titntionality of tho ototoaont of objectives oontained la
•ootion 204(b) of tho propoaod Bonking Aot of 198i (R.R.7617)4
as pooood by tho House of Roprooontativos, I am inclosing
for your information * •omorandisa om tho subjoot whioh
distinguishos tho Suprons Court's rooont decision in tho
U.R.k. oaso as iwll as its dooision la tho Hot Oil oaso
and dononstrates that tho statonoat of objectiTos io oil
ly constitutional.

Tory truly yours.

M. S.

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