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In d ia n a Ba n k e r s A s s o

c ia t io n

O F F IC E O F T H E P R E S ID E N T

May 27, 19S6

Honorable M. S. Eccles
Chairman, Board of Governors
Federal Reserve System
Washington, D. C.
Desir Governor Eccless
We of the Indiana Bankers Association are very appreĀ­
ciative of your coming to Indiana and appearing upon
our program.
I am sure that Indiana bankers and business men and
their ladies welcomed the opportunity to listen to
the head of the Federal Reserve System of our Nation.
We realize that you are very busy in your duties at
Washington and that it was quite a personal sacrifice
for you to make the journey to Indianapolis, especialĀ­
ly at this time of the year when Congress is in session.
Your address was received by your audience with keen
attention and interest. I heard many of my friends
remarking that you most certainly gave a concise and
profound explanation of your philosophy of economics
and finance, and I am sure that you made many new
friends in Indiana.
Please accept our most sincere appreciation for your
cooperation.
Most sincerely yours,
t

'

President
BDM/w