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N E W Y O R K 1 3 , N. Y

December 5 , 1947

Mr. Marrimer S. Eccles
Board o f Governors Federal Reserve Board
Washington, D. C.

Dear Mr. E c c l e s :
Say we o f f e r you our h e a r t i e s t c o n g r a t u l a t i o n s and deep a p p r e c i a t i o n
o f your c o n t r i b u t i o n toward p u b l i c understanding i n your r e c e n t testimony on the
problem o f

inflation.Very t r u l y y o u r s ,
A. B. SALANT

ABS:IZ




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