Full text of Mimeograph Letters and Statements of the Board : Letter From Governor Eccles re His Testimony before House Banking and Currency Committee, Number X-9200, Volume 42, Page 398

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

r
'IBS
FEDERAL

RESERVE

BOARD

WASHINGTON

OFFICE OF GOVERNOR

X-9200
May 6, 1935

Dear Sir:
Mr. Henry H. Heimann, the Executive Manager of
The National Association of Credit Men, was in my office
recently, at which time he requested me to forward to
you information regarding the Banking Bill of 1935.
I,
therefore* take pleasure in sending you here­
with a summary of the testimony which I gave before the
Banking and Currency Committee of the House of Repre­
sentatives in hearings on the Banking Bill of 1935.
Accounts of this testimony in the press have
been inadequate and in many cases garbled and misleading.
The full text of the testimony, on the Other hand, which
has just been published, is very lengthy and unavoidably
full of repetition*
For these reasons, I have had prepared the en­
closed summary, which contains in relatively brief form
an accurate account of ray statement before the Committee,

Respectfully,

Governor

Enclosure.