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i LIBERTY BANK °F BUFFALO BUFFALO, N. Y. BERT H. WHITE VICE-PHESIDENT November 25 1941 Mr • i/larriner Eccles, Chairman Federal Reserve Board Washington, D« C. Dear Mr. k c c l e s : The enclosed survey titled "When The Defense Boom Ends: Industry Plans For iif ter The War," has aroused a great deal of interest and I thought you might like to scan a copy. Page one points to the fact that .american industry is looking to research as the Moses to lead it out of a possible post-war depression. Our group of banks is planning a very broad distribution of this survey in their effort to foster greater interest in industrial research. If you would like additional copies for your associates, I shall be happy to furnish them • Yours very truly, w BHWJNB Resident Form ,F. 111 1 . R. JA . 5 11 O X X TO r FROM REJ/IARKS: • / CHAIRJ/IAK'S OFFICE December 18, 19Ul« Mr. Bert H. White, Vice President, Liberty Bank of Buffalo, Buffalo, Hew York. Dear Mr. White: The press of affairs here prevented ay earlier acknowledgment of yours of November 25 in which you enclosed a pamphlet entitled "When the Defense Boom Ends: Industry Plans for after the War". This appears to be a reprint of a survey recently completed by the Rational Association of Manufacturers. Since this material relates to post-war planning, I have turned it over to our research people who are busy in that field. Sincerely yours, M. 8. Ecoles, Chairman. LC:b