The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
xtf JOSEPH F. R I N G L A N D F e b r u a r y 12, 1951 PRESIDENT M r . M . S. E c c l e s B o a r d of G o v e r n o r s Federal Reserve System Washington, D. C. Dear Mr. Eccles: M r . R i n g l a n d i s out of t h e c i t y a n d t h e r e f o r e I a m a c k n o w l e d g i n g y o u r l e t t e r of F e b r u a r y 7th e n c l o s i n g t h e s t a t e m e n t by the D e p a r t m e n t of E c o n o m i c s of t h e U n i v e r s i t y of C h i c a g o r e g a r d i n g the i n f l a t i o n a r y e x p a n s i o n of c r e d i t . M r . R i n g l a n d w i l l n o t r e t u r n to t h e o f f i c e b e f o r e a t t e n d i n g t h e F e d e r a l A d v i s o r y Council m e e t i n g n e x t w e e k b u t I s h a l l be p l e a s e d to f o r w a r d y o u r l e t t e r w i t h e n c l o s u r e to h i m i n o r d e r t h a t h e m a y be a d v i s e d of it b e f o r e t h e m e e t i n g . Very truly yours, S e c r e t a r y to M r . Ringland
@FedFRASER