The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
PERSONAL AND CONFIDENTIAL February 14* 1949. Dear B i l l : I n connectio n w i t h our conversation when you were i n Washington week before l a s t I am enclosing p h o t o s t a t i c copies o f a r t i c l e s w r i t t e n by Mr* L e s l i e Gould covering the Transamerica hearings, as w e l l as copies o f the r e p o r t i n g o f the same hearings i n the New York Times, The contrast i s s t a r t l i n g , t o say the l e a s t , between the impersonal o b j e c t i v e accounts i n the Times and the p a r t i s a n biased d i a t r i b e aimed a t ae i n Gould 1 s columns. When I saw you I hadn't met Gould. I had a b r i e f t a l k w i t h him when he appeared a t the hearings which convinced me t h a t he i s so biased t h a t he i s not i n t e r e s t e d i n f a i r n e s s and t r u t h . Nevertheless, i f you t h i n k t h a t i t would be advisable, I would be w i l l i n g t o l e t him i n t e r r o g a t e me i n your p r e s ence and l e t you be the judge. I n any event, I appreciate your i n t e r e s t i n the matter. With k i n d e s t personal regards, I am S i n c e r e l y yours, M. S. Eccles Enclosures Mr. W i l l i a m Randolph Hearst, Jr, Hearst Corporation, E i g h t h Avenue and 57th S t r e e t , Hew York, New York, 959 OFFICE o r THE PUBLISHER EIGHTH AVE. February NEW YORK 19,N.Y. 1 8 , 1949 COLUMBUS 5 - 7 3 0 0 M r . H. S. E c c l e s Board o f Governors F e d e r a l Reserve System Washington, D. C. Dear M a r r i n e r : I have y o u r l e t t e r w i t h e n c l o s u r e s , I b e l i e v e M a r r i n e r , you have l o s t s i g h t o f one f a c t , and t h a t I s t h a t t h e a r t i c l e s f r o m the Times are news s t o r i e s , w h i l e L e s l i e Gould 1 s column r e p r e s e n t s o p i n i o n . We t o o r a n A s s o c i a t e d Press and U n i t e d Fress f a c t u a l accounts o f t h e t r i a l . Inasmuch as my s e n t i m e n t s s t r o n g l y f a v o r M r . G i a n n i n i f s s i d e o f t h e case, i t would h a r d l y be f a i r f o r me t o s i t as a j u d g e . Les t e l l s me t h a t he t r i e d t o c o n t a c t you s e v e r a l t i m e s t o d i s c u s s t h e aspects o f t h i s case i n advance, and t h e n e a r e s t he ever g o t was t o a press agent o f t h e F e d e r a l Reserve B o a r d . He I s q u i t e w i l l i n g t o s i t down w i t h you o r l u n c h w i t h you a t your conveni e n c e t o d i s c u s s i t f u r t h e r and, w h i l e I would l i k e t o be t h e r e (as a w i t n e s s b u t n o t as a judge) I am l e a v i n g f o r the Coast w i t h i n t h e n e x t few days. Sincerely, W. R. H e a r s t , JR Jr.
