The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
r f Copy in Files Section Penniplbaitia pantets association PRESID E N T : E D G A R A. JO N E S V IC E PR ES ID E N T : SCRANTON-LACKAW ANNA TRU ST CO. SCRANTON V ic e P r e s id e n t : F R A N K F. B R O O K S P R E S I D E N T . F I R S T N A T I O N A L B A N K AT P I T T S B U R G H C O M M I T T E E ON L E G I S L A T I O N W . W a l t e r W i l s o n , ch airm an m ilt o n P H IL A D E L P H IA E d w a rd H o p k in so n , J r . PH ILA D E LPH IA C a r l W . F en n in g er N O RRISTO W N G. F red B e r g e r SCRANTON F ra n k H u m m ler W IL L IA M SPO R T S e t h T. M c C o r m a c k H A R R ISB U R G G eo r g e w . r e il y H U N TIN G D O N C h a r l e s F . Z im m e r m a n SHARON H. B . M c D o w e l l PITTSB U RG H F ra n k R. D ento n T r e a s u r e r : B an k an d T r u s t Co. S t e e lt o n SECRETARY: C H A R L E S F. ZIM M ERM AN P R E SID E N T . FIR ST N AT IO N A L B A N K . M OFFICE OF THE CHAIRMAN R O B T . M. R U T H E R F O R D P re sid e n t, s t e e l t o n i lton , P a ., HUNTINGD ON &ar* 4, 1935« F I R S T MILTON N A T IO N A L B A N K MILTON, P E N N A . Hon* M. S. Eccles, Governor, Federal Reserve Board* Washington» JB*C* Dear G o v e rn o r Ecclest Yesterday I reoeived your letter of February 27th, with which you enclosed a copy of your address at Columbus, Ohio on February 12th, sailed to First Hilton National Bank, Milton, Pennsylvania of whieh insti tution * a® the President, reprinted from the Congressional Record of February 14th, for whieh kindly accept my thanks* Shortly after its introduction on February 5th, 1935 I reoeived copy of I&use Bill 5357 whieh I read very carefully and 1 must say that I was inclined to criticise Title II but I decided to withhold criticism until I had an opportunity to further study and discuss the Bill and I not only refrained from passing judgment on it but I used my influence as best I could to prevent opposing resolutions being adopted at five annual Pennsylvania Bankers Association Group meetings held in February* I was successful in this connection at the meetings of Group Two, Group Three and Group Eight* Resolutions were adopted at the meetings of Group Five and Group Six* I do not know whether copies of these resolutions have come to your attention or not* a I have read and re-read your address and I am still withholding judgment* Tou have certainly presented most convincing arguments and I congratulate you. If there are any late developments which you can con sistently give me in connection with this Bill in order to bring my files to date I will appreciate it if you will let me have them* Respectfully yours, w w w /f f . Chairman*