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BOARD OF GOVERNORS

OF THE

FEDERAL RESERVE SYSTEM

Office Correspondence
Xo

Chairman Eccles

From

r>*te November 21,

Mr« Knapp




Subject:

With regard to the Canadian gold subsidy proposal,
I have been asked to attend a meeting in Mr. Southard's office
at 2 p.m. at which Mr. Clark, Canadian Deputy Minister of
Finance, will be present to discuss this program.

I am

therefore anxious to receive your reactions to my memorandum
of yesterday's date on this subject.