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R.AU N G7 EST. I 9 O 9 T E L E P H O N E : MONROE 5511 C A B L E : BRAUNBOTLE CHICAGO BY WOLF B R A U N . Jfacfe tallies o/Di, STOCK AA/D P/1/VATE 24-3 3 VV. F O U R T E E N T H S T . — ion MOULD C H I C A G O , I L L I N O I S Jan. 30 1939 Mr, Marriner Eccles Chairman Federal Reserve Hoard Washington, D. C. ALL OFFERS ARE SUBJECT TO CONTINGENCIES BEYOND OUR CONTROL AT POINT OFSHIPMENTAND ARE SUBJECT TO WITHDRAWAL WITH OUT NOTICE Dear Sir: There is no necessity for me to gild a lily, so I won't tell you what I think of the talk that you gave recently over the radio. I do think, however, it was one of the clearest expositions of thought, though not perhaps the fanciest bit of oratory that I have heard. If you should happen to have a transcript of this talk, I should very much appreciate your sending this on to me Yours very i;ruly, •. BRAUN JZQMPAHY j/p c tfulius u Eraun February 2, 1939 Mr. Julius Braun 2^33 W, fourteenth Street Chicago, Illinois My dear Mr. Braun: Chairman Eccles has asked me to acknowledge and thank you for your letter of January 30 in which you compliment him on his recent radio address before the National Kadio forum. In ac- cordance with your request, I am enclosing herewith a reprint of that address. Yours very truly, Lawrence Clayton Assistant to the Chairman enclosure