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TELEGRAM
BOARD OF GOVERNORS
O F TH E

FEDERAL RESERVE SYSTEM
LEASED W IR E SERVICE

WASHINGTON
September ^4, 1948.

Young - Cnicago
Please transmit the follow ing mei>sase to Mr. Corbett at The
Executives' CLub o f Chicago:
Air mailed copy o f speech to you yesterday afternoon.

Pieo.se

make follow ing correction sj page k, lin e 9 snoulci read "persona
non grata".

Pase 8, fourtn paragraph, th ird lin e snould read

"doing the very thing t at tends to create and sustain i t . "




E ccles

WA84GC38WASH GX 301 CGO 24-333
ECCLES

YOUR MESSAGE TRANSMITTED TO MR. CORBETT BY PHONE AND MESSENGER
YOUNG.