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9 0 F-T T h e P l a z a B a n k o f S t . L o u is ST. LOUIS. MO. Novem ber 2$, 1 4 94 Dear M President* r* a&y be interested in the carbon copy enclosed concei*ning two sa n for whoa X have the utm e ost admiration ana respect* Io n m also be in rested to fcB i th&t, as in 1936, I am re~ ay M ceiving consider] avorable reaction from a few m bers em of our Board b regory’ s organization of "St* Louis Business and n for Roosevelt*, which he did with « j he pprovaiy ^¿fter the 1936 Eleotio&, during whioh I had the blicl^eupport you, it becam neoese sary for buy out three /ipe<Hörs of this bank to break up a ca O w$LI, *e h, VTN^efbs^, and w o&n do it e ■again a n c / a i^ á n * i ^ n e f c ^ s s a r y j but it is a fine eons r o y e s that there £ r e nor« ways of b e yOn zne peo$ x @ Á q vo&e B Ja8 than at the point of a gim. i'ou Nevs-rtneless Gregory so m uch punishm ent for do, particularly since, art^r the great principles for «hie! M The EverI. ©ting Arm uphold ay s In all sincerity The President The White äousa lashington, D C« * Be to Hon. Marriner S. Eccles, Chairman ^oard of Governors of the Federal Reserve System Washington, D. C.