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June 26| 195 TO - m. 1ICINTIBI FSOM - MIL. ECCLES In iiccoriance with telephone conversation re appointment of Bob La Follette to fill the vacancy on the Senate Bankiru: and Currenej Coasittee c&usecl by the damth of Senator Cutting, I have casc-usced the matter with Senator Fletcher M d lie fteftn Mr. La Follette's appointment and la goins to- talk to Senator Robinson abost it. I hare talked to Mr* La Follette and knon he would like very much to be on thlf eo'asiittee and would be billing to gift up one of his other committee aeiaberships. He is 9J choice as 1 feel he understands hanking and monetary natters better than axx/ other member o the Senate aaft he la in full accord with the Mrtnlntr tion1.- banking pl'a)fjaa« Ha voold be a grsat help not only now but in fHlaucn y-&j.vs arid would add la«dTafaip and strength to the co;®sittee, irhich la ail too conservative and reactionary banking legislation. H© also h&s a real follawing aJBOQg the S &s well aa the confidence o.i bha Senate generally I under o to rid that ^matlMP Robiaeon baa authority to fill Tacancles of this sort without taking the matter up v.ith hie eoiiiaittee. Tiiere la good reason for suggesting to Senator Robinson that tfelfl appointiaeat be Kiade, ae out of a aeiabership of 20 on the Saflata Banking and Currency CaaadtWa the Democrats are entitled to 14.56 members, the Republicans 5 aecjber£ ^.nd others «42 members. Wi-fch 'Lhe vacancy created by the death of Senator Cuttiiig the aesbership now stands - Democrats 14, Rei^ublieans 5, and others none. Hie Republicans have their full quota on the committee and it vooldj there-"fore, seeai that the De^>ci'ats could, witliotit eriticisn, apiX>ii:it an Independent to fill the vacancy aai that would be particularly true In the e * N of Mr. La Follette, wlxose appointment to the Senate Banking and Currency Coaaittee would sispl^" mean his transfer trim one Of the oth&r cocuaittees on which I • is now acting and waiek I understanu he la willing to ~;ive up f the Deiaoeri-ts appointing a Democrat la hia stead on tiie cosmttee from which he la tras I hop© the President will feel that ba cs.n imm Senator Robinson. P.3. thifl su-geation "to This matter should be taken care of today if possibie. MEMORANDUM The enclosed statement shows trie line-up of Democrats, Republicans, Farmer-Labor and Progressive members in the Senate. On the basis of percentages, Democrats ere entitled to 72*91^ of the total membership on each Committee; Republicans, 2b%i others, 2.09^. Out of a membership of 20, the Democrats are entitled to 14,58£ members; the Republicans, 5; others, .0418. ftith the present vacancy caused by the death of Senator Gutting, tiie raesabership now stands: Democrats 141 Republicans 5; others none* Hence,it should be observed that the Republicans nave their full quota of members on the Committee* The Democrats are 14 or a little over one-hsif of a member under their proportionate share, and may without criticism lay clairk to the seat for either a Democratic member or assign it to either of the other Independent members of the Senate. Representatives in the Ssn&te Deaocrats Republicans Farai Labor!t@ Progressive 70 24 1 1 Democrats 70 out of 96 = 72.91^ Republicans 24 out of 96 • ?5.'3% Others 2 out of 96 • Representatloii on Coaiaittee of 20 72*91^ of 20 • 14,582 Beaocrats 25 Republicans % of 20 = 2.09JC of 20 • 5. .0418 Independents
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