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P LANTERS BANK AXP TRUST COMPANY MEMBER F E D E R A L R E S E R V E SYSTEM| HOPKINSVILLE, KY. August 29, 19A1 Mr. Marriner S. Eccles, Ohm* Federal Reserve Board Washington, D. C. Dear Mr. Eccles: We have taken notice of the fact, if we are correct, that you in person officially went before the proper congressional committees and insisted that the check tax not be included in any tax bill* We notice further that you are the only Federal banking agency that took this step. We feel that this is a very wisfe thing that you have done and that it would hinder business and the government financial program at this time* We sincerely hope that you will be successful in preventing any check tax* Thanking you, and assuring you of our appreciation, we are PEC:jh September 2, I9I4I HT* Phil E# Chappell, President, Planters Bank and Trust Company, Hopkina"ville, Kentucky* Dear Mr* Chappell? On behalf of Chairman Ecoles, who is temporarily absent on a visit to the West, I wish to acknowledge receipt of your letter of August 29, which I shall bring to his attention upon his return* Tou are correct that in testifying before the Ways and Heans Committee he strongly opposed the oheck tax and will, I know, continue to do so* Sincerely yours, (Signed) Elliott Thurston Elliott Thurston, Special Assistant to the Chairman* ETsb