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July 10, 1959.

The following is an understanding
which Chairman Eccles had with Congressman
Steagall over the telephone on July 10:
I talked to Congressman Steagall
this morning and he advised me that the Byrnes
Bill had not been taken up by his committee
and he did not know whether or not it would be
taken up as they had so many other things to
consider. He said that if it were taken up,
he would advise me, and he assured me that
the Board would have every opportunity of being heard with reference to the proposed bill.
He suggested that a report on the bill at this
time was unnecessary.