View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

r MF-R
-~

TELEG R AM
BOARD OF GOVERNORS
OF THE

v

F E D E R A L RESERVE S Y S T E M
LEASED WIRE SERVICE

W
M1 49 NT

R E C E IV E D A T W A S H I N G T O N , D. C.

T it

X S tL O B T »1
i

PROVO UTAH DEC 30
HON MARRINER S ECCLES
CHAIRMAN FEDERAL RESERVE BOARD WASHDC
YOUR IMPORTANT ADDRESS

IN OGDEN NOVEMBER 17 WHICH

I HEARD D I S ­

CLOSED MUCH DATA VALUABLE FOR B E TTE R IN G UTAHS ECONOMY
W ILL YOU

FAVOR ME IM MEDIATELY W ITH THOSE FACTS AND ANY

OTHERS P E R TIN EN T WHICH I MAY USE

IN ADDRESS BEFORE UTAH

MANUFACTURERS ANNUAL M EETING SA LTLAKE JANUARY 1 3 . MANY THANKS.
HAPPY NEW YEAR
WALTER ADAMS.

17 1 3 .

837A JAN 2 .







January 5, 1940

Mr. Valter Adams
Provo, Utah
Dear Mr. Adamst
Mr. Eccles has asked me to respond to your
telegram to him of December 50, 1959 in which you re­
fer to his address in Ogden on Hovember 17, 1939, and
some data which he used at that time which you think
might be useful to you in connection with an address
before the Utah Manufacturers Annual Meeting in Salt
Lake City on January 15.
I am enclosing herewith copies of some
figures respecting Federal tax collections in Utah and
Idaho during the fiscal year 1958, and Federal grants
and payments made in those states for the same fiscal
year, also a table of State incone payments in Qtah
and Idaho with a comparison o f the same payments in
Mew Tork, Massachusetts and Connecticut* These tables
were prepared for Mr. Eccles by economists of the
Board here*
I am also enclosing the set of figures on
corporation profits which 1 furnished Mr. Eccles, as
contained in a recent book by S* D* Kennedy, Dividends
To Fwr. Ihile the excerpt does not show it, the sources
of Mr. Kennedy's figures are first. Statistics of Income,
published by the Treasury Department, ms to all corpora­
tions, and secondly. Standard Statistics Company, as to
the 960 corporations*
Trusting the enclosures will be of use to you
in your forthcoming address, I am

lours sincerely,