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June 19, 19U5-

Dear Balpht
Thank you for your letter of June 15
enclosing a copy of that excellent circular
letter you distributed in your district on the
Wagner-Spence B i l l . X was especially interested
to see i t and thought i t was a f i r s t - r a t e presentation. 1 wish that some similar education
could have been done in other d i s t r i c t s as well.
Wy compliments and best regards*
Sincerely yours,

Mr. Bftlph £ . Flanders, President,
Federal Jteserve Bank of Boston,
Boston 6, Massachusetts.