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Chairman
xxxxxxx
November 21 ,

1935 »

M r. L eo p o ld H. W alton,
193U. G ate s Avenue,
Box A71B,
Redondo Beach, C a l i f o r n i a .
My d e ar M r. D a lto n :
I have yo u r l e t t e r o f November 15th
and am g la d t o have y o u r vie w s on money and bank­
in g .
I n view o f y o u r i n t e r e s t i n th e sub­
j e c t , I am e n c lo s in g a s te n o g r a p h ic r e p o r t o f th e
speech which I made b e fo re th e Am erican B a n k e rs
A s s o c ia t io n i n New O r le a n s .
V e ry t r u l y y o u r s ,

M. S . E c c le s ,
Chairm an.
e n c lo su re
M SE:VE:b