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F o r i ^ N o . 1K1 Office Correspondence o Governor Eccles From Lauchlin Currie FEDERAL RESERVE Date Subject: July 50, 1955. Ovmership of deposits at; . Attached is a letter to Mr. Anderson, Assistant Federal Reserve Agent at Cleveland, for your signature. It looks as though Springfield is our best bet as the town in which to make a general survey. I hope within a week or so to have the bigger project ready for submission to the Board. July 80, Mr. J . B, A A f ifcoaut twiamU Ikmmrvm Agent,, Federal RMMOT vi f I •£, J h i o . De&r Sir, AattrMStf Thaalc you v ry atich both for r you from the national b^nkn In . Ifc-milion, l fits ttM In Wrest you c I la thi ^hite-collfer project der diacaaelc i; ly to b€ sent to Mr. Roy H. Clark, Vice ?r,, ident, the Wwrt ^-ti-,>;v 1 ana Truat CkM9MQff Bprla s Ohio, aafl Mr, B« I# F Prosiccaty the Lagonda l i t l o a 1 g f l e l d , Sp Ohio. . Ecdeg CJoveraor LC.em Doer Mr. Thank you very much for your prompt reply to ay latter concerning a possible work' relief study on the distribution of deposits, I h»ve apprised Governor Eccles of its cont^ta and he wish** »« to convey to you his ap r^citiion of the cooperative spirit you ht>v If tho project if initiated under the Works Relief ?rogr&3 the actual work would have to be done by people rho have been on tht re3 lls» the compensation for such work in Springfield is, I dnderetead, |60«00 per month. It is e: tbfot bankers vfao are willing to cooperet> in I j ct will be aeketl to suggest th< iMMN of peoplf on relief to whoa they wo ild be willing to grant d*6k space and accei-s to back ledgers* If the banks have no-one in p: r in mind tht; local administrator will be asked to isubadt a list of a&ae* froa which a choice say be aade* Although the ;>re in a r&ry tentativ foro, I can assure you that no p«reoa will be given employment until bank of'fi i»ve first had opportunity to M M N tbemselves as to his trustworthiness and reliability. Z hope to know within a aonth whether or not the project is initiated, and I shall keep you informed as to developments* v-.ry truly,