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O N T A R I O TREASURY DEPARTMENT PARLIAMENT BUILDINGS TORONTO January Dear Mr* text shall of Committee 1947, be o b l i g e d a Statement an a n a l y s i s Members o f Ontario are at i n America the and, With thanks in and k i n d r e g a r d s , s u p p l y me w i t h of on t h e the 25th staff of inflation causes. of the Treasury making a study cburse, of Department economic particularly in con- Can- t anticipation believe of your kind me, d e a r M r . Most f a i t h f u l l y Eccles, S« Walters. Deputy P r o v i n c i a l and C o n t r o l l e r o f Mr. M a r r i n e r S. E c c l e s , C h a i r m a n , The F e d e r a l R e s e r v e of the United States, Washington, D. C . , TJ. S . A . cooper- yours, Chester Joint November causes o f dealing w i t h these present a d a , h e n c e my r e q u e s t . ation you w i l l on t h e Economic R e p o r t containing ditions if p r e s e n t e d by y o u t o t h e a n d a s u g g e s t e d means o f of 1948. Eccles: I the 6, Board Treasurer Finances. January 9 , 19!$* Dear Mr. ^alters: T h i s i s t o acknowledge your l e t t e r o f January 6 . I n accordance w i t h t h e request t h e r e - i n , I t a k e pleasure i n enclosing a copy o f t h e statement which I presented before t h e J o i n t Comm i t t e e on t h e Economic Report on November 25, t o g e t h e r w i t h a copy o f a supplemental statement on housing f i n a n c e ifshich was a l s o made a p a r t o f the record. M t h kind regards, Sincerely yours, M. S. E c c l e s , Chairman. The Honorable Chester S. f a l t e r s , Deputy P r o v i n c i a l Treasurer and C o n t r o l l e r o f Finances, Parliament b u i l d i n g s , Toronto, Ontario, Canada. Enclosures 2 b
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