Full text of Marriner S. Eccles Papers : Letter to Mr. Eccles, Box 39, Folder 1, Item 5

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Jfamgn lExrfyattge Control
September 25rd, 1959

The Hon. Marriner S. Eceles,
Chairman of the Board of Governors,
Federal Reserve System,
Washington,
Dear Mr. Eceles,
In the memorandum attached to the letter
which I sent you yesterday, I overlooked one point of
some interest to the United States, namely, the effect
of foreign exchange control on the tourist business.

I

am enclosing herewith a supplementary memorandum giving
some information in this respect.
I should add that permits are being granted
to Canadians who require U,. S. dollars for purposes of
travelling in the United States, including winter residents
in California and the South.
Yours

Enclosure




September 29, 1939.

Dear Governor Towers:
I wish to thank you for your letters
of September 8£ end 23, transmitting further
informstion with reference to foreign exchange
control in Canada,
lour courtesy in keeping us advised
is greatly appreciated.

Sincerely jours,

[« S» leciea,
Chairman*
rlonorable G. F. Towero, Governor
Beak of Canada,
Ottawa, Canada.




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