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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.