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/ WESTERN UNION CLASS OF SERVICE This is & full-rate Telegram or Cablegram unless its deferred character is ind i c t 1 by a suitable syr bove or prececSy e address. f A. 1201 SYMBOLS DL=Day Letter NL=Night Letter LC = Deferred Cable 16) NLT=Cable Night Letter N. W I L L I A M S PRESIDENT Ship Radiogram The filing time shown in the date line on telegrams and day letters is S T A N D A R D T I M E at point of origin. Time of receipt is S T A N D A R D T I M E at point of destination W6 1 2 6= CD NEW Y ORK MY 25 1048A BOXRD O F G O V E R N O R S , FEDERAL RESERVE DI V OF A D M I N I S T R A T I V E -WOULD APPRECIATE CHAIRMAN ECCLES INVESTMENTS PREPARED SUBMITTED P E R MORNING P A P E R S ^ — C GREATLY F CHILDS SY3TEM= SERVICES" I F POSSIBLE STATEMENT CONGRESSIONAL THANK • ^ MY 23 M W YOU M A I L RE CONTROL COMMITTEE US COPY BANK YESTERDAY Y0U=' AND CO VAN CLEAVE. -e r r THE I C O M P A N Y W I L L APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE I May 1946. C. F. Childs & Company, 1 teil Street, New York City. At tentjpg: Mr. Van Oleave. Gentlemen; Mr. Eecles did not have a prepared statement in regard to bank investment controls, but merely read from an informal memorandum in this connection, a copy of ^which I enclose in accordance with the request in your telegram t o him of May 23. Sincerely yours, FLliott ^hurston, Assistant to the chairman. Enclosure C . F . C H I L D S AND C O M P A N Y INCORPORATE D The oldest house in America specializing Government Securities NEW YORK 5 , N . Y. O N E WALL STREET TEL. WHITEHALL A-71DO in CHICAGO A, ILL. 141 W. J A C K S O N BLVD. TEL. WABASH S41D raw YCRK, May m , 19*6 Mr* Elliott Thureton Assistant to the Chairman Board of Governors of The Federal Beserre System Washington, D# C* Dear Mr« Thurston: Flease let us thank you for your courtesy and the trouble you took in preparing and sending me a copy of Mr* Socles* memorandum, read to the House Committee* Very truly your®, C* F# CHILDS AND CGMPAST, wrcim Robert Tan Cleare Statistical Department
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