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NORTHWESTERN BANK of COMMERCE
DULUTH 2, MINNESOTA
PLEASE ADDRESS REPLY TO:

NORTHWESTERN BANK OFFICE

March 13,

3 3 0 WEST SUPERIOR STREET

Mr. Marriner S. Eccles, Governor
Federal Reserve Board
Washington D. C.

Dear Mr. Eccles:

o

After having heard so much about you from mutual friends, I am
sorry there was no opportunity for a brief visit during or
following the Thursday luncheon. Your observations on Government aid in loans to small business interested me greatly, and
I am hopeful that we can sometime compare notes on that and
other subjects.
Upon returning to the hotel, we all agreed that the tour of your
new building and the luncheon were the most worthwhile features
of the entire trio. Everybody came away impressed by the earnestness with which you are all seeking to serve banking and your
country.
My thanks to you and your associates for the warm hospitality
which made our visit so enjoyable.

Sincerely yours,

7,
An
A. C. Armstrong
Chairman
ACA:pf

c



/

1950

March 17, 1950.

De<~r Mr. A
I KM glad t o receive your l e t t e r of March
16 relative t o your recent v i s i t t o ifcahington*
1 an glad you enjoyed your r i a i t at the federal
heserve Boord did tbu.t my gbawrratfoni on uovarmaent
aid in IOMIS t o 3>s*d.l Dusiness i n t e r e s t ? d you. AS
you &ugg©at, p«rb*pa ioastlJM vse can c
I notes
on that one! otfjier subjects.
I enjoyed IHiting you and h
i t with you.
kind

g

,

Sincerely yours,

M. £>• Bccles,
Mr. 4. C. /i-nsstrong, £b&irttaj
HoxitiHest em Bank of oo^aerce,
330 fteat Superior
Duiuth ^., Illoi