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Kay 14, 1956, My dear Mr* Owen: 1 aa enclosing a copy of a talk Z gave in Heir York last week, extracts froa which appeared in the press. I thought that some of ay friends aight care to see the complete text, and I aa, therefore, taking the liberty of sanding you a copy since this is an effort to outline briefly what I conceive to be the theory of the governaent’s monetary and spending program and how it Is working out toward a balanced budget and full restoration. Sincerely yours, I* 8. Eccles, Chairman* Honorable Robert L. Owen, 755 Southern Building, Washington, D* C. enclosure R o b e r t L. O w e n S O U T H E R N BUILDING W a s h i n g t o n , D. C. May 16, 1936. Honorable M. S. Socles, Chairman,Board of Governors, Federal Reserve System, Washington, D. C. M y dear Mr* Chairman: I thank you for sending me copy of your N e w York address which I am particularly pleased to have and which I shall read with m u c h interest, I am sending you herewith the confession of Winston Churchill for your entertainment. Yours sincerely,
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