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CHARGE TO THE ACCOUNT OF CLASS or SERVICE DESIP F O R E IG N D O M E S T IC R ate C able TELEG RAM fu ll D A Y LETTER DEFERRED CABLE THE I N T E R N A T I O N A L S YS TEM lktjer y S H IP R fO lO O R A M Tostai Telegraph RECEIVER’S I N IG H T CA BLE IIG H T M E S S A G E N IG H T LETTER Federal Reserve Board jv r f x K » E N D C A B L E LETTER R a d io g r a m I Patrons stooM chcck d a n o f serri« desired, o t h e r » » n g c will be irn w i a r f » • foU-ntr om Com m ercial Cables TIME FILED Cl II Omerica Cable h STANDARD TIME lllackaij Send the following message, subject to the terms on back hereoj^Qr which, are hereby agreed to Washington, 0» C . # November 20 » 1935* a r^' jf Gurden Edwards, American Bankers Association, 20—22 East 40th Street, Hew York ®ity, New York* Would you please airmail to me copies of ABA speeches by Orval Adam Form 2-0 Chairman xxxxxxxx November 22, 1955* Mr* Garden Edwards, American Bankers Association, 22 East 40th Street, New York City. Dear Gurden: Thank you very much for sending me the copies of the speeches which I requested by telegram to you* I have just discovered that on page 5 of the transcript of Chairman Eccles1 speech there are some word omitted. The paragraph at the bottom of page 5 should reads "Bank deposits, which due to credit contraction made on the part of the bankers had decreased greatly (and I do not etc*,)*” I am enclosing a corrected copy and would very much appreciate it if you could make the correction in whatever goes into your permanent records* Faithfully, Elliott Thurston, Special Assistant to the Chairman* enclosure ETsb PR ESIDE N T RUDOLF S.H EC HT, CHAIRMAN OFBOARD H I B E R N I A NATIONAL B A N K NEWORLEANS, LA. , - I R S T V I C E PRESIDENT. R O B E R T V. F L E M I N G , P R E S ID E N T RIGGS N A T IO N A L WASHINGTON, D. C. BAKIK S E C O N D VICE PRESIDENT T O M K . S M I T H , P R E S I D E NT B O A T M E N ’S NA T ION A L B A N K S T . L O U IS, M O. 22 E A S T 4 0 ™ ST R EET TREASURER N E W Y O R K ,N .V . H A L Y. L E M O N , vice president PUBLICITY DEPARTMENT N A T I O N A L B A N K OF D E T R O I T D E T R O I T , M IC H I G A N G U R D E N E D W A R D S DIRECTOR EXEC U TIVE BRANCH MANAGER F. N. S H E P H E R D 708-9 COLORADO OFFICE B U I L D I NG , W A S H I N G T O N , D. C. M E R L E E. S E L E C M A N, ASSISTANT DIRECTOR C a b l e Ad d r e s s : “A B A N ’’ N e w Vo r k November 22, 1935 Mr. Elliott Thurston Special Assistant to the Chairman Federal Reserve Board Washington, D. C. Dear Elliott: Thanks for sending me with your letter of November 21 the corrected transcript of Mr. Eccles' address. These corrections will be applied to our official transcript and I have also placed one copy in the hands of the Commercial and Financial Chronicle, which issues a convention supplement printing our proceedings entire. I had previously requested that they use the advance material that you gave me at New Orleans and omit the verbatim remarks pending editorial corrections. There are three other places in which I would like to overtake the origins transcript with this revised copy and I think we will save time if you send it out at once from your office. Therefore, will you send with a slight letter of explanation the revised copy to the Editor, Financial Age, 132 Nassau Street, New York Cityj the Editor, Southern Banker, 1204 Atlantic National Building, Atlanta, Georgia; and the Editor, United States Investor, 530 Atlantic Avenue, Boston, Massachusetts? Of course, there are some places where the unrevised text will have been used for the basis of stories, but I don’t think any harm will be done. You should cease losing sleep at night over the question of reimbursing me for air-mailing you the transcript. I appreciate the trouble you have taken to revise this material. I should certainly like to have some time to talk over things in general and in particular with you at whatever time may prove convenient. I suppose I will be in Washington sooner or later and if the opportunity arises will get in touch with you, and as the political orators say, vice versa to you. Dirdctor*-of Publicity P. S. Since dictating the above, I find we need five revised copies for our official records here, so will you please send themj» me? Chairman xxxxxxx November k3> 1935* Mr. uurden Edwards, The *merican Bankers association, k.2 East 40th btreet, New York City. Dear Uurden: as suggested in your letter of November kkd, 1 have sent revised copies to the three publica tions you mentioned. I am also enclosing to you five additional revised copies for your official records. I shall cease losing sleep over the air mail costs, fthen I say that I would like to see you, it is not merely a perfunctory or polite remark, fthat I have in mind is that the Board here feels that much should be done in a strictly educational way to acquaint as much of the public as might be interested, and that includes the bankers, in the functions of the Federal heserve ¿»/stem, including its limitations. I am sure that you could be very helpful in suggesting ways in which this objective might be accomplished, and it is this about which I particularly would like to talk to you. bincerely, Elliott Thiirston, bpecial assistant to the Chairman. enclosures ET:b Chairman X3CXXXXX November 25, 1935. Editor, United States Investor, 550 Atlantic Avenue, Boston, Massachusetts, Dear Sir: At the suggestion of Mr* Gurden Ed wards of the American Bankers Association, I am sending you a revised copy of the speech which Chairman Eceles of the Board of Governors of the Federal Reserve System delivered before the Ameri can Bankers Association convention* I understand that Mr. Edwards had pre viously forwarded copies to you. The enclosed copy contains one or two corrections* Very truly yours, Elliott Thurston, Special As sistant to the Chairman* enclosure Chairman xxxxxxx November 23, 1955. Editor, Southern Banker, 1204 Atlantic National Building, Atlanta, Georgia. Dear Sir: At the suggestion of Mr. Gurden Ed wards of the American Bankers Association, I am sending you a revised copy of the speech which Chairman Eccles of the Board of Governors of the Federal Reserve System delivered before the Ameri can Bankers Association convention. I understand that Mr. Edwsrds had pre viously forwarded copies to you. The enclosed copy contains one or two corrections. Very truly yours, Elliott Thurston, Special Assistant to the Chairman. enclosure Chairman xxxxxxx November 25, 1935, Editor, Financial Age, 132 Nassau Street, New York City, Dear Sir: At the suggestion of Mr* Gurden Ed wards of the American Bankers Association, X am sending you a revised copy of the speech which Chair man Eccles of the Board of Governors of the Federal Reserve System delivered before the American Bankers Association convention, X understand that Mr, Edwards had pre viously forwarded copies to you* The enclosed copy contains one or two corrections. Very truly yours, Elliott Thurston, Special Assistant to the Chairman, enclosure H o r n e 6c S h e l l , In c STENOTYPE COURT A N D C O N V E N T I O N REPORTERS 9 V E A S T A l sj S T R E E T TELEPHONE M U R R AY HILL N e w Y o r k , N. Y. November 25, 1935 Mr. Elliott Thurston, Federal Reserve Board, Washington, D. C. Dear Mr. Thurston: You will recall that when you were in New Orleans I promised to send you several corrected copies of Governor Eccles1 address before the American Bankers As sociation. I have been advised that the Publicity Department of the Â.B.A. have received a corrected copy of this address (corrected by Governor Eccles himself) and I therefore presume you do not wish to have the copies that you re quested. Cordially yours DS:AS Chairman xxxxxxx November ¿6, 1935* Miss Dorothy Siegal, Horne & Shell, Inc., 9 last 41st Street, New York City. My dear Miss Siegal, Mr. Edwards sent me corrected copies of the Chairman's ¿i.B.it. speech. Therefore, this is taken care of. Sincerely yours, Elliott Thurston, Special assistant to the Chairman. ET:b
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