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DEPARTMENT OF AGRICULTURE WASHINGTON November 26, 1935 M r. M. S. E c c le s , Chairm an, F e d e r a l R e se rv e B o a rd , W ash in gto n , D. C. D ear M r. E c c le s : Your l e t t e r o f November 20 se n d in g S e c r e t a r y W a lla c e a t r a n s c r i p t o f y o u r speech b e fo r e th e .American B a n k e rs A s s o c ia t io n in New O r le a n s i s acknow ledged w ith th a n k s. The speech i s now on the d e sk o f S e c r e ta r y W a lla c e and I am su re he i s g o in g to f i n d i t e x t r a o r d i n a r i ly i n t e r e s t i n g . I m y s e lf have read i t from s t a r t to f i n i s h w ith d e epe st s a t i s f a c t i o n . Would i t be p o s s i b l e f o r me to have a dozen c o p ie s to send to a few p e o p le who w i l l p r o f i t from i t ? 1 P a u l H. A p p le b y , / / A s s i s t a n t to the S e c r e t a r y
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