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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