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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.