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BDARD DF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON 2 5 , D. C. ADDRESS OFFICIAL CORRESPONDENCE TO THE BOARD July 17, 1945. AIR MAIL Mr* Marriner S. Eccles, c/o Ben Lomond Hotel, Ogden, Utah* Dear Mr. Eccles: Just so that you might have a complete record, there i© enclosed a copy of a letter from Mr. Flanders with respect to the memorandum on Treasury financing that was sent to the Treasury on July 10 and also a copy of the wire from Mr. Flanders with respect to the preferential discount rate which Mr. Ransom read to you over the telephone yesterday afternoon. Sincere! >• R.\Carpenter, Secretary. Enclosures 2. ICTORY BUY COPY FEDERAL RESERVE BANK 06 BOSTON July 13, 1945- Mr. S* R. Carpenter, Secretary, Board of Governors of the Federal Reserve System, Washington 25, D. C* Dear Mr* Carpenter: We have here, of course, been thoroughly in sympathy with the endeavors made to bring the System and the Treasury into better agreement on War Loan policy* X am assmaing that the subject matter in telegram of July 10th will now wait for discussion with the new Secretary, Mr* Vinson, whose appointment has been announced since this matter came under discussion. Sincerely yours, (Signed) Ralph I* Flanders President* COPY July 16, 1945. Carpenter - Washington After extended discussion of question at directors meeting this morning I am able to report that it was sentiment of meeting that preferential treatment in rediscount rates for short-term Government paper should be discontinued* Flanders
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