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December 17, 1934.

My dear Senator:
Ever since my present appointment 1 have been
hoping that 1 would have an opportunity of making
your acquaintance. I recogni e the leading role which
you played in bringing the Federal Reserve System into
being, and the active part and great interest which
you have taken in its operation since that time. I
have great respect for you and I want to express to
you my admiration for the valuable and untiring work
which you have rendered.
I hope you will permit me to call upon you
at either your office or your residence in the near
future, sometime at your convenience.

Sincerely yours,

Honorable Carter Glass,
United States Senator,
Washington,
G.




CARTER GLASS, V/L, CHAIRMAN
KENNETH MC KELLAR, TENN.
FREDERICK HALE, MAINE
ROYAL S. COPELAND, N.Y.
HENRY W . KEYES, N.H.
CARL HAYOEN, ARIZ.
GERALD P. NYE, N.DAK.
ELMER Th MAS, OKLA.
FREDERICK STEIWER, OREG.
JAMES F.l 'RNES, S.C.
PETER NORBECK, S.DAK.
MILLARD E.TYDINGS, MD.
L. J. DICKINSON, IOWA
JOHN G. TOWNSEND, JR., DEL.
RICHARD B. RUSSELL, JR..GA.
MARCUS A. COOLIDGE, MASS.
ROBERT D. CAREY, WYO.
ALVA B. ADAMS, COLO.
ROSCOE C. PATTERSON, MO.
PATRICK MCCARRAN, NEV.
JOHN H. OVERTON, LA.
JOHN H. BANKHEAD, ALA.
JOSEPH C. O'MAHONEY, WYO.




IttCtiileb

Senate

COMMITTEE ON APPROPRIATIONS

KENNEDY F. REA, CLERK
JOHN W. R. SMITH, ASST. CLERK

Lynchburg, Virginia9
December 18, 1934.
Honorable M. S. Eccles,
Federal Reserve Board,
Washington, D* C•
Dear Governor Eccles:
Responding to your kind note of December
17th, addressed to me at Washington and forwarded to my home
here, permit rae to say I will be glad to see you at any time
that it may suit your convenience to call at my office there
or at my apartment in the Raleigh Hotel*
Needless to say, I am obliged to you
for your most courteous personal allusions to me and to my
persistent effort* to maintain the independence of the Federal
Reserve banking system. I sincerely trust that we shall be
able to cooperate in this direction* It is my expectation to
return to Washington on January 1st for the ensuing session
of Congress*
Very truly yoursf

coM*