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BY DIRECT WIRE FROM 1223-S J V , SYMBOLS CLASS OF SERVICE This is a full-rate Telegrani or Cablegram unless its derred character is in:ated by a suitable • ,,/mbol above or preI ceding the address. DL = Day Letter NM = Night Message R. B. WHITE PRESIDENT UNI NEWCOMB CARLTON CHAIRMAN OP THE BOARD NL = Night Letter Deferred Cable NLT = Cable Night Letter J. C. WILLEVER FIRST VICE-PRESIDENT Ship Radiogram The filing time shown in the date line on telegrams and day letters is STANDARD TIME at point of origin. Time of receipt is STANDARD TIME at point of destination. IWP108 82 1 EXTRA=TDN WOODS IDE NY DEC 21 1T53AM 1937 HON MARRINER ECCLES= CHAIRMAN FEDERAL RESERVE BOARD= IMPERATIVE TITLE ONE BE RETAINED STOP IT IS ONLY FEATURE THAT WILL PRODUCE IMMEDIATE ACTIVITY UPON ENACTMENT STOP VAST NUMBER OF HOMES REQUIRE MODERNIZATION BUT OWNERS UNABLE TO OTHERWISE FINANCE SAME STOP TITLE ONE WILL CREATE SOUND LOANS STIMULATE EMPLOYMENT AND DEMAND FOR BUILDING PRODUCTS AND IMPROVE HOUSING AND LIVING CONDITIONS WHERE MOST NEEDED STOP THIS INSTITUTION NOW MAKING BUILDING CONSTRUCTION LOANS IN LEADING SHA AREA AND UPON ENACTMENT WE WILL ADVERTISE ^ M E D I A T E L Y OUR WILLINGNESS TO MAKE LOANS UNDER TITLE ONE = ^ RICHARD M LEDERER CHAIRMAN WOODSIDE NATIONAL BANK OF NEWYORK.1245PM.. THE COMPANY WILL APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE
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