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THE WHITE HOUSE
WASHINGTON

January 30, 1936.
MEMORANDUM FOR
GOVERNOR ECCLES
Thank you for the enclosed
about Mr. Manuel. Nevertheless, there
is a situation in the Northwest which
has been very disturbing to practically
all the smaller bankers in the smaller
communities. Mr. Peyton is strongly
opposed by them and I am inclined to
think that they have a pretty good
case running back a good many years especially because many of them were
ruined by the chain banks started in
that territory.
I wish you would try to find
someone who would not antagonize the
smaller bankers as much as Mr. Peyton
does and would.




. D. R«