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THE WHITE HOUSE
WASHINGTON

April 2, 1940

CONFIDENTIAL
MEMORANDUM FOR
HONORABLE MARRINER ECCLES

Here is an unsigned memorandum
from New York but I think it has enough
merit for you to read, learn, mark and
Inwardly digest!

F. D. R.
Enclosure

(Re Sproul taking Harrison1s place
as President of FRBk of N.Y.)