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April 4, 1935
tor. Davia otern, Publisher,
Philadelphia ^ecordj
Philadelphiaf ^ennsylvania.
Mr, titern:
Thanks for y,ur letter of April 1st,
1 note your suggestion relative to Elliott Thurstoxu
KUlott and have a very high regard for him* He, no1
doubt, •ould be an i^eal man £c>r the job. The only difficulty
i s that I do not fcnov just how pmUMBt i t would be. However,
I will be thinking about i t , but in the meantime, I should like
to salt until the President geta back to that I Ota talk with
hi® relative to the entire 'banking situation- 1 should also
like to talk farther with you About the matter so will wait B&t i l you cotsa to Washington, mhich, as I aatantand i t , will be
shortly after the Pi-esidsnt re tarns,
I note yoor OMMmt tbftt you will talk to M before you
see the rr^siuent* I appreciate your willingness to do that.
In the aeantise wa will know ^h&t th« final fora of the relief
bill is goir^ to be*
obteineci a eopgp >x tbt liatlonsl lnouatris.1 Conference Board. Bulletin of Jaaaary 10j 19.;^, tod note the statesent therein r«gWPdlnc the uifferenee between costs and rents.
I feel sure that their figures are altogether too high, I will
be prepared to discuss this M t W r with you when you come to
Hashingtoe,
I shoulo like r&ry much to spena the •Vtnlog 9f April
10th in K M York with J<M9 but uniier the circumstances I airmdtor such terrific pressure and sy time is so completely absorbed that it will be physically impossible £QX* me to girt away
from Washington, at least for trie immediate present.




With kino vega.r0.Bp

ftlncartly JOUTB9