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OF

FRED MARIN
PRESIDENT




May 22, 1951
Hon. Marriner S. Eccles
Board of Governors
federal Reserve System
Washington, D. C.
Dear Mr* Eccless
This is to express my appreciation for the
courtesies extended to the Michigan Banking
group and myself personally in having us at
lunch with your Board, and later in having
Dr. Ealph Young give us the benefit of his
study and research. We enjoyed this part
of our visit very much.
Sincerely yours,

SM:vb