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TELEGRAM
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
LEASED WIRE SERVICE
WASHINGTON
June 21, 1951.
Partner
Salt Lake City, Utah
Will appreciate your telephoning the following Message to Qeorge Eecles
at First Security Bank, Qrjcien
uuote
Following letter being sent to white Bouse today dated June 20,
1951> *nd released for thig afternoon papers]
"My dear Mr. President:
It is now sort t ian ln years since I
dame to Washington to engage in a public service
f »t I fully intonied and expected voul I • of
oeaparatiYely brief durationi A succession of
evsnis, including toe war period and the ajecial
probleas of its aft*raathf led m* to st-:y on. It
• 3 been a grei t v:onor and i rivils^;e to serve my
country for so many years, but I now feel the time
has arrived whea I can ^nci should return to ay home
and private business affairs in the Vest.
Aeoordinglyj I aa subaitting terewith
my resignation as a Kesiber of t e Board of Governors
of the federal Reserve Systea to be e('(''9ctive as of
July 15, 1951.
Respectfully^
(Signed) Karriner S. EcoXes
M. S. Eccles.
The President,
The ¥: ite ;[our.e."
Hope this viU he iven proper publicity Ul loc 1 papers.
Unauote
@FedFRASER