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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 ra