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T E L E G R A M Board of (governors Of the Federal Reserve S ^ t e m tewed W U * Service jUeased Wire Servtoe Received at Washington, u. b. W29WASHDC WU3 VIA "WESTERN 33L DU STLOUIS MO SEP 29 223P MARRINER S ECCLES CHAIRMAN FEDERAL RESERVE BOARD HAVE JUST READ YOUR TESTIMONY TO HOUSE GROUP REGARDING WAGE AND SALARY CONTROL. IT CERTAINLY INDICATES CLEAR THINKING ON YOUR PART AND YOU SHOULD HAVE THE SUPPORT OF EVERY PERSON WHO HAS THEIR COUNTRYS FUTURE SINCERELY AT HEART. REGARDS TO LARRY CLAYTON. HOPE TO SEE YOU IN FLORIDA THIS WINTER JOHN S SWIFT. 409P. October 9, 1941. Dear John: This will acknowledge and thank you for your wire of September ¿9> in which you comment favorably on my testimony before the Houae ranking and currency Committee on the matter of wages and salaries as a part of the price problem* I have had numerous commendations from business men, professional men and Government officials, but as you might surmise no bouquets from the ranks of wage earners. This is just one other instance of the conflict between class, or sectional interest and the national welfare. Larry Clayton was glad to have your regards and joins me in best wishes to you. Should 1 be fortunate enough to get away for a vacation in Florida this coming winter, 1 shall hope for the pleasure of seeing you. Sincerely Mr. John S. Swift, john s. Swift, Inc ¿100 Locust/ nc-> St. Louis, Missouri. http://fraser.stlouisfed.org/ LC cm Federal Reserve Bank of St. Louis
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