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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