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BURNET R. MAYBANK, S. C., CHAIRMAN
J. W. FULBRIGHT, ARK.
A. WILLIS ROBERTSON, VA.
JOHN SPARK MAN, ALA.
J. ALLEN FREAR, JR., DEL.
PAUL H. DOUGLAS, ILL.
RUSSELL B. LONG, LA.

HOMER E. CAPEHART, IND.
JOHN W. BR1CKER, OHIO
IRVING M. IVES, N. Y.
ANDREW F. SCHOEPPEL, KANS.
EVERETT MCKINLEY DIRKSEN, ILL.
WALLACE F. BENNETT, UTAH

A. LEE PARSONS, CLERK




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C O M M I T T E E O N BANKING AND CURRENCY

February 13, 1951

Hon. M. S. Eccles
Board o f Governors
F e d e r a l Reserve System
Washington, D . G.
Dear Governors
I was g l a d t o r e c e i v e your

letter

and a p p r e c i a t e y o u r t h o u g h t f u l n e s s i n sending
me a copy o f t h e statement by t h e Department
o f Economics o f t h e U n i v e r s i t y o f Chicago.
I

s h a l l c e r t a i n l y t a k e an i n t e r e s t

i n l o o k i n g over t h i s

statement.
PI 4 n r t a

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