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If I - *> C«bl« Address Moodentcov" INVESTORS SERVICE JOinr MOODT, A»rident w Correspondents of 6 5 Baroad^aTjNew-ltbrk _, . n .•^ invr MooDYsfcrvBSTOHsSiumCT.to. Kinft"William Street House, Arthur February El, 1935• Mr. Lawrence Clayton, Federal Reserve Board, Washington, D» C» Dear Mr. Claytons I want to tell you again, as I did briefly at the Harvard Club Tuesday night, how much I admired Governor Eccles1 address. Among other features the candor with which he presented his views and his openness while a public official in influential position were impressing, and the more so in view of the hostility of a considerable portion of the audience. As one trying to understand policies and developments I am indeed grateful to have such a clear exposition* I am enclosing a recent issue of ours mostly devoted to a discussion of the Banking Bill HR 5357 as of possible interest to you. I hope to have the privilege of talking to you in Washington which I shall probably visit next week. I hope also that it may be possible to see the Governor this time. Sincerely yours, Donald B . Woodward. DBW:HF Enc. \t/ This file contained a copyright-protected publication that has been removed. The citation for the original is: Moody’s Investors Service. Moody’s Investment Survey, February 14, 1935, Vol. 27, No. 13, pp. 1735-1742.