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Mr. Donald S h u l t z ,
Hinsdalef
Illinois,
February 3, 1948.

iWu * I Mr. Marriner Stoddard Eccles,
^ - F e d e r a l Reserve System,
W a s h i n g t o n , D. C.
Dear

Sir:

As a s t u d e n t o f Money a n d B a n k i n g a n d E c o n o m i c s ,
I have been a s s i g n e d t o w r i t e a r e p o r t o f y o u r v i e w s and
suggested s o l u t i o n s i n regard to the i n f l a t i o n which i s eeking
i t s way t h r o u g h o u r g o v e r n m e n t and b u s i n e s s .
I w o u l d v e r y much
a p p r e c i a t e a n y l i t e r a t u r e a n d h e l p t h a t y o u may b e a b l e t o
g i v e me i n r e s p e c t t o t h i s p r o j e c t .
The s u b j e c t i s t o c o v e r
t h e p e r i o d b e g i n n i n g w i t h t h e autumn o f 1947 up t o t h e p r e s e n t
u
time.

I

shall




hear

Remaining s i n c e r e l y yours w i t h
from you soon, I remain

Very

Sincerely

fond wishes

Yours,

that




February 13, 1948.

M r . D o n a l d H. k h u l t z ,
Route No. 1 ,
Hinsdale, I l l i n o i s .
Dear M r .

^hultz:

T h i s i s t o acknowledge y o u r l e t t e r o f
F e b r u a r y 3« f h e r e i s so much m a t e r i a l t h a t b e a r s on
t h e s u b j e c t on w h i c h y o u d e s i r e t o w r i t e a r e p o r t
t h a t t h e q u e s t i o n i s one o f s e l e c t i n g f r o m t h e g r e a t
accumulation.
However, i n t h e hope t h a t t h e y w i l l be
u s e f u l t o y o u , I e n c l o s e c o p i e s o f such s t a t e m e n t s
o r speeches as I have ma^e i n t h e p e r i o d , t o w h i c h
y o u r e f e r and a l s o an e a r l i e r s t a t e m e n t b e f o r e t h e
N a t i o n a l I n d u s t r i a l Conference Board i n t h e f a l l o f
1944 w h i c h o u t l i n e s i n a g e n e r a l way my v i e w s .
bincerely

yours,

M. fc. ^ c c l e s ,
Chairman p r o t e m .

Enclosures

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