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THE WHITE HOUSE WASHINGTON June 6, 1939 MEMORANDUM K R HONORABLE MARRINER ECCLES: I am in favor of legislation which is directed specifically to meet the problem of loans to small business. I am anxious that the Administration's point of Tiew be coordinated and I have asked the Secretary of Commerce to head up a small informal group to present to me a proposal. I am, of course, anxious that Senator Mead be kept in the forefront of this legislation. JP.