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M ay 1 5 , 1956 My dear Senators Enclosed is the text of a brief talk I gave in Kew York last Friday evening, aose extracts froa which were quoted by the newspapers* It oc curred to me that you sight care to see the fall teat, inasmuch as it undertakes to outline what I conceive to be the theory of the government1s mone tary and spending program and how, in my judgment, it is working toward a balanced budget and a com plete restoration. Sincerely yours, X* S. Eccles, Chairman. Honorable Robert F. Wagner, United States Senate, Washington, D« C. enclosure ROk ERT F. WAGNER NEW YORK May 19, 1936 Hon. M. S. Eccles, Chairman Federal Reserve System Washington, D.C. M y dear Chairman: T hank you very much for your thoughtfulness in sending me a copy of your recent talk. I hope that In the future when you make such stimulating and i n f o m a t i v e addresses you will re m e m b e r to let me have copies. Very sincerely yours, kgP M-E