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Hon* M# S. Eccles, Governor Federal Reserve Board Washington, D*C* May 9., 1935 Dear Sir: I acknowledge receipt of yours of May 6th X-9200 enclosing a summary of your statements to the Banking and Currency Committee at tae hearing on the Banking Bill* I am studying this matter very carefully in order that I may come to a proper conclusion with reference to thic new measure. I certainly appreciate receiving this first hand information and feel that our worthy Executive Manager, Mr* Henry H« Heimann, should be commended in being instrumental in having the pamphlet forwarded to the Board of Directors and other officers of the National Association of Credit :Aen. I feel sure it will have careful and sympathetic consideration sirce this Association has always been interested in any improvement that has been possible in our banking system* Thanking you, I am Yours ve Director, National Association of Credit Men. WCG:BKS
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