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O. H. C R O S S

C O M M IT T E E :

1 1th D is t r ic t

BANKING AND CURRENCY

Texas

Congress of tfje ?Hntteb States;

ERNEST H. DONOH OO
SECRETARY

^ouffeootfcepresientattoea
l®&edf)(ngton, 3B.C.

Waco, Texas,
December 2, 1935.

Mr. M. S. Eccles, Chairman,
Federal Reserve Board,
Washington, D. 0.
My dear Mr. Socles:
I wish to thank you for send­
ing me a copy of the speech you delivered before
the American Bankers Association in New Orleans.
I fully agree with you and
wish to compliment you upon this clear, forcible
presentation, and am convinced the President
acted wisely in putting you where you are.
Hoping to see you in the near
future, I am, with best wishes,




Sincerely yours,