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SALOMON BROS. & HUTZLER
M E M B E R S OF T H E N E W Y O R K STOCK

231 S o t j t h

L aS a l l e

C h i c a g o

ROBERT
HARRY

M.WORK
BROWN

CO-MANAGERS




EXCHANGE

S t k e e t

I l l i n o i s

PRIVATE WISES TO
NEW YOEK BOSTON PHILADELPHIA
CLEVELAND NEW HAVEN
AND HAKTFOKD

November 5 , 1948•

Mr. M a r r i n e r S• E c c l e s , Member
Board o f Governors o f t h e
Federal Reserve System,
Washington 2 5 , D. C•
Dear S i r :
I n compiling a d i g e s t o f expressions o f
o p i n i o n concerning t h e c o n t r o l o f i n f l a t i o n , I would
l i k e t o g e t copies o f c e r t a i n o f your speeches p a r t i c u l a r l y where you have dwelt on t h e n e c e s s i t y and d e s i r a b i l i t y o f c o n t i n u i n g t h e pegs on t h e v a r i o u s issues o f
United States Government bonds•
I would l i k e p a r t i c u l a r l y t o have t h i s d a t a
i n c l u d e a copy o f your recent speech made a t Des Moines,
Iowa and a n y t h i n g else which i s p e r t i n e n t and a v a i l a b l e •
Any a t t e n t i o n you may be a b l e t o g i v e t h e f o r e going request w i l l be genuinely appreciated*

November 9 , 1948.

Mr. R. M. Iftork,
Solomon B r o s . & H u t z l e r ,
2 3 1 South L a S a l l e S t r e e t ,
Chicago 4> I l l i n o i s .
Dear M r . v^ork:
I n M r . E c c l e s 1 absence I w i s h t o acknowledge
your r e c e n t l e t t e r r e q u e s t i n g copies o f Mr. E c c l e s 1 speeches.
You mention t h a t you are p a r t i c u l a r l y i n t e r e s t e d i n t h o s e
where Mr. Eccles has d w e l t on t h e n e c e s s i t y and d e s i r a b i l i t y
o f c o n t i n u i n g t h e pegs on t h e v a r i o u s i s s u e s o f U n i t e d S t a t e s
Government bonds.
I am e n c l o s i n g t h e f o l l o w i n g statements and a d dresses made by Mr. E c c l e s "which, I t r u s t , may be o f h e l p - t o
you i n c o m p i l i n g your d i g e s t :
Statement by M. S. E c c l e s b e f o r e t h e J o i n t Committee on
t h e Economic R e p o r t , November 2 5 , 1947*
S t a t e m e n t b y M. S . E c c l e s b e f o r e t h e J o i n t Committee on

t h e Economic R e p o r t , A p r i l 13> 1948.
Statement b e f o r e t h e Banking and Currency C o m m i t t e e ,
* August 3> 1948.
Address b e f o r e t h e Iowa ^ankers a s s o c i a t i o n , October 2 7 ,
1948.
Very t r u l y y o u r s ,

S e c r e t a r y t o Mr. M# S. E c c l e s .

Enclosures .4




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