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T h e F i r s t N a tio n a l G r a n ite B a n k A u g u s t a , JLv ix k Geables S. Hichboen P r e s id e n t /faz ■ /h ^ ¿ J ¿2L— ¿írZ^Cr-7~t- May 25, 1938. Mr. °harles £>. Hichborn, President, The First National Granite Bank, A u g u sta , Maine. Dear Mr. Hichborn: In accordance with your letter of May 23d, I take pleasure in enclosing a copy of the full text of my recent talk before the New Jersey ¿ankers Association. Press reports were necessarily frag mentary. I am naturally gratified to know that you have heard favorable comment and of your own personal approval, especially in view of the highly controversial nature of so many of the matters which seem to me to be vitally important at this time and which I could not ig nore in any attempt to appraise the current situation and outlook. Sincerely yours, M. S. Eccles, Chairman. enclosure ETïb