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THOS. B. LOVE LAWYER REPUBLIC BANK BUILDING DALLAS, TEXAS December S7, 1938 » Han* Marriner S* Booles, Chairaan, Federal Beserve Board, Washington, D* 0* Dear Mr. Bo a l e s : As a citizen I want he&rtily to congratulate you upon your unanswerable reply1 to Senator Byrd as outlined in the Dallas News Ifeshington UP di spa toil of December 25tfcu I t is the utteranae of a constructive statesman viio understands and believes in popular government; and i t is a l l the more effective because i t comes from a long time banker• Tour statements that "'We cannot expect to preserve our free i n s t i t u t i o n s in t h i s country if we condeam a substantial proportion of our people to prolonged idleness on a bare subsistence level of existence™, and that ^Further than the right to eat and the r i g h t to a position* I think the individual t whether rich or poor t has a r i g h t to a deaent place to live* I think he has a right to security in tf old age and to p r o b a t i o n against tecnpor&iy unemployment , state the whole a&se» If you <&re wrong, then government has l i t t l e excuse for exigence * the and can New Again I congratulate you* Itiile I have never had pleasure of meeting you personally, the President the Yiee-President and the Secretary of the Treasuiy t e l l you wko I am* I wish you a happy and prosperous Year* Sincerely yours t TBL/e January 5, 1939. Mr, Thomas B. Love, Republic BariK building, Dallas, Texas. Dear Mr. Love: This is to thank you for your letter , of December ^7th with reference to my. recent reply to benator Byrd of Virginia, ijb is very gratifying and encouraging to have your favorable opinion of this effort, which I hoped might at least stimulate discussion of important economic matters confronting us. I trust that I may have an opportunity of meeting you personally and regret that the occasion has not arisen before* I wanted you to know that I appreciated your courtesy in writing, and to reciprocate your good wishes for the New Year. Tincerely yours, M. S. Eccles, Chairman, ET:b
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