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/ h v * A ^ ^ g / . / t Y / < w ^ r December 3, 1947 • Mr. P. J . w i n t e r s , 174 East 212th S t r e e t , Cleveland, Ohio. Dear Mr. winters: This i s t o acknowledge your l e t t e r of November 25 which .apparently...w&a prompt ed , Aewspaj?ex_acr_ count of my recent testimony. No groups have a greater i n t e r e s t i n stopping i n f l a t i o n than those i n t h e teaching profession and those who l i v e on f i x e d incomes. I can q u i t e understand and I c e r t a i n l y sympathize with t h e i r p r e dicament. Because of your evident i n t e r e s t , I enclose a copy of my statement before the Joint Committee on the Economic Report. The subject i s , of course, gomplex but 1 t h i n k i t should be evident t h a t c r e a t i n g more "and more money i s not t h e way t o deal with the problem. Sincerely yours, M. Enclosure ET:b ^ccles, Chairman.