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April U§ 193S, The Secretary of the Treasury Governor- Eccleg referring to conversation bad with you this morning,, in case Mr. Itoffeit's resignation is accepted and it is Impossible to secure the services of Mr* Dtft&t* I voald like to suggest that *5r» A. &• GXancy be given consideration for that position* kr« Qloncy's naeie was suggested to me by ISr* Deane then I asked bis if he knew of tojcBM in the Administration or outsid© in the business world «hos he ccsiuid r*eoflM«d for the position as Federal EbtttlBf Administrator, D m to ^ir* D—ne t g knowledge of the problems of the Housing Adainisfcration sad hit vide axperienc© as an executive la the business world, I feel his judgment would be Tery valuable«,, a*. Glaacy was a Deputy Mministrator of the *•&•£• for a short tine* H© Bas fox*ii©rly President of the ?3akland Motor Car Companyf one of the General Motor subsidiaries. Re is & s&si about fifty J&&.TS old, very &ggressivet of excellent personality iod a very able executive, flo is also independently wealthy, a man i»teregted in public service, and a strong Boosevlt supporter, I under stand that at present he is heading a survey for the ivepartaent of Cemmat9* on the construction industry,, Fro® what Mr* 8ftld0 it is my opinion that he. is well worth thoroughly cheeking into before a successor to Mr, Moffett Is selected, Mr. GXancy's home is si -Lang Pins <t.>&ct9 BlooMfield Hills