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BY OPENED 1504 2 /7/ 3' BUCKINGHAM GATE, f/1AA- / e4J 44 1'- 1111i '0i, lig 4100 !:ontview Boulevard. 1:enver, Colorado, October .3rd, 1916. dear Lord Bryce: Our conversation of last -arch wh I enjoyed your hos- pitality in London, has so frequently been i tnat J. y mind since then cannot retrain from telling you- wh rsat pleasure I had in reading your recent admonition to your c you reiterated in public the vi pressed Amid all t me. c in this country thai s rtening and depressing for hopefulness does appear. d's best traditions, is a Your speech, which I welcome recall to you had privately ex- it is di .curing this war, an occasional q n rymen, when on sense The growth of the conviction e must a o me our share of the reolonsibilN,_ ity for the,ffki kenancis-Vfpoace, once it is established, is // another o u e for re o cing. csibly y Diplomacy have seen Professor :Aowell's book, "'he woof 1914", in which his uaialysis of the grit- ish ',:hite Papers leads him to use the expression that Sir Edward Grey's diplomacy will stand forth "as one of England's glories and as a pattern for generatione to co:_e." What a calamity if by the pressure of public opinion this record snould be marred by peace arrangements in which was consciously planted the berm of later strife and how can neutral support be accorded to a peace in which one half of the belligerents are left shackled in a mercial dungeon! CGUI... NI - ob. -0 Get. 23, 1916. The Right Honorable Lord Bryce. A policy of commercial and financial "Coventry", such as now seems to appeal to a part of the press of ,i1gland and Trance, surely means abandoning hope for reduced naval and military establishments - it surely means pt,,rpetuating the animosi- zed this war frrm ties, never more bitter, which have characte the start it will surely force Germany to a more intense na- tionalism than ever - it will bo a peace of o m and not of sub- stance. Many of our leading including Mr. Vilaon, H have expressed viev:s more or 1 =tters and in public life, t and Mr. Roosevelt, ongly thai deace must be which the employment of insured hereaften by //a economic and milita force wi justified, and that this country should emer from its elation to the extent that it be>tati-ta_atd obligations of such an arrange- will share in ment. it makes C uch obligation be undertaken by neutral nations if em the ja 1 ra of outlawed nations! r ea already noticeable here in the activity of the protective tariff advocated, many proposals for ex- ort trade combinations and other nimilar projects, all possibly proper enough as weapons of defence, but which will, i hope, not be required in order to face a world w:iicn has armed itself with every political contrivance for to the point of extermination. commercial strife to be carried -3.. To Right honorable Lord Bryce. Oct. 23, 1916. I hope that brighter days are coming and that you may retain your ;ood health ano Vigor to enjoy the to the uttermost. gill you present my compliments and warm, regard:; to l'ady 4ryce, and with every good wish, I am, Sincerely yours, The Right honorable Lord Bryce, London, inglard. Rs/vc,. 44, ( !" 4 k JAN 1 3, BUCKINGHAM GATE, i SW iI Yc- I th December, 1917. 1911 Thank you for your very interesting letter of. October 23rd, which I ought to have answered sooner and would have answered but for constand pressure of urgent work. I want to say to you ho:: entirely I agrre with what you say about the folly of a policy of commercial and financial Coventry. It would not only destroy the prospect of a renewal of t2lcrable relations between the belligerents and so increase the danger of a future war, but it would reduce the chance that the Germ-n people may revolt against the dEtestable system from which they suffer and it would be an injury in the long run to England herself. This policy is largely the fruit of momentary passion and we hope that its weakness will be seen when passion abates and when the difficulties inherent to the plan will have been more closely examined. In any case there is really no danger that we or France :,culd enter on any policy prejudicial to trade between ourselves and the U.S. We Liberals would of course -ive resist-nee to any such proposal and I do not the strongest believe it v.ould succeed. I knov. Professor Stowetes book and think it one of the very best that the war has brought forth. It is cer- tainly the best vindication of our diplomacy. zany of us here deeply regret that a sudd,I. upturn in politics has caused the retirement of Lord Grey fro the Foreign Office. Although Germany has come forward with the desire of peace upon her lips, we do not believe that she is in the least prepared to abandon her ill-gotten gains or to make the reparation which we deem necessary and there seems very li tle chance that any peace negotiations entered on now would have a useful result. is quite against them. The feeling in this country V;e have had too much experience of Germany to trust her good faith. The national sentiment is as much resolved as ever to prosecute the war to a successful issue. 46. itg , 3 BUCKINGHAM GATE, tF4.6414, Itai tat LO gt Liaz= 11,4443 A-Az-14- 77-_. at, /14:3t 1114- 01 c2Lyt,,-t- /Art Q ,... kr"-. /. ji- 6-7-,i - 4 444---t 4.4--, e-4 , t 1,4,-1-,4/1 ,,,,-...1- t:r 4.,e, --rit.... j.4. /114-:") a 1/14-Z; 74. :A ' 4tA41,4- ei....4, /1:11-N 4,,,4,g1 6.1,;(_ V4-4- t' kr- p....., ,....4,7,.... ti...v&ili, ga,a1-00-1 ' 4 -- 4-J4 4- Z- l'4. :4 al-A, ,2,_6,44. i,, ii a 19141 , ti,/, ,..-/ ai,. e-CL.':/1 ,,-,. I.A.-i 7 14-Le ti....,A, 41Laj Li , C.71, .;$.- "4*-1- 4----7 tt.1.1,L 4 4-c..41....f. -g :-., Z.--.7 2........._ 424 -.-j (-L..-- k-i......e_ L4-A-41.-a-.e : A2AA-z-1._ t:-... 16-i 4A-; Lee /7, "'",t11"-- LA--6 Villy. 1-q-1:14- il 4.-4,...7.1 g..70-z-Lx.'c t4_..1 4 yVVvIv) J 444,4----g Denver, Colorado, January 12, 1917. Dear Lord Bryce: It was a great pleasure to receive your kind letter. of December 20th, 7)articularly as I had hoped that my not be understood to impose upon you an My enforced absence in the 'Ast o r o ber 23d would bligation to r account of illness, has kept me away from Now York and close touch with affa May, makes it difficultfactory reply to send for n elieve that it is the think, nor do , I do o and in other .Ostern he MIMI vote in Co a election; on the contrary, ntri reased H nd 14- ' outs!) Pre ar vote. This was no doubt due on .n pledge of his believe in :rational nt's reiteration of his conviction that e for the states to decide and ncbt for the FVF77; that the eight hour legislation contributed ,000 votes to the :resident's campaign, only partly those Who were eliminated from Democratic ranks by as class legislation. My personal opinion is that the tion resulted from two main causes, - one being the ference of the great mass of popUltation in the central of the war, the agricultural and laboring classes of ling strongly the arguments of prosperity growing out The other active influence and one which 1 thin. has ..'hick s since last S 2. Ali To - Lord Bryce. Janudry 12, 1917. .40P, not men appraised at its full value was the mistaken theory upon which the Republican campaign was conducted. it was not construct almost entirely confined to violent and even bitter attacks upon the administration at a time whpn the country needed a leader to point out a course for the future whi would be ante who are too remote from the At ble to ard, or too d their on affairs, to do their own thi many of t lions of voters ly engrossed in pressin_ issues of the day. Since writing you the ?resident's conviction tha international arrangements this country's unimpair OS enduring pe a character th this will require pa I have in his opinion will require will throw the weight of , great p oulation and productive capacity J..: the scales as a facto course purely speculativ emphasis to the ,Able form this can tat :e is of upnnot believe that it is in his mind that nation> this country in peace parlies, although o knowledge on the subject and am expressing my personal views only. would imply mediation at a time when the attitude of neither group of bel other band, s would justify intrusion of that character. i to be gained b prior to the c )n the gradually coming to the view that there are many advantages 11 belligerents through the arrangement of terms of neace plete exhaustion and, if you please, subjection of the central powers, nrovided always that the continuance of such L. peace is insured so far as human arrangements can be made effective by the assumption of obligations b this country, as well as the other neutral nations. i have been greatly shocked in reading an account sent me by a personal friend 3. AIL To - Lord Bryce. January 12, 1917. in Loddon, which was furnished him by one of his friends in Belgium of the details or tho procedure being followed by the military government in Belgium in expatriating Belgian labor. I cannot conclude this letter without wish that happier times are in prospect etriken Eu larly for you and your fellow ccuntrym If my present plans are carried out, of seeing you in London Barnett With warmest regards V Rt. Hon. Lord Bryce, 3 Buckingham date London, laigl BS/CC 1 ng my hope and who are making 1 hope to hair a zaer. bee to rema sincerely your and particuu h sacrifice. he ploasure 116 a 3, BUCKINGHAM GATE, SW 8th February, 1917. I am very glad to hear from you again and shall be happy to see your friend, Mr. Johnson, when he comes. He has, however, not yet apprised me of his arrival in London; possibly the disturbance of ocean sailings may have prevented it. I feel some doubt when this will reach you but will take my chance The whole situation has been of course greatly ch'nged by the action most properly taken by the President with regard to the threats made by Germany. My own belief is that should war come between Germany and the U.S., it would have a most important effect in shortening the present struggle in Europe, for the Germans would feel that they could not possibly succeed and nothing is more dispiriting to a nation than to have to go on fighting where no victory is imaginable. We in England have been much surprised that over the West generally and especially in the Mississippi Valley there has been comparatively little horror excited by the atrocious series of crimes which the German Government has committed. This would not surprise one so much in other nations but your people are so exceptionally humane and kind-hearted that I can only attribute it to the fact Vi 9- 400 that the conduct of the Germans has not been realised in its In the Eastern States where it is realised, naked horror. nothing of course could be stronger than the indignation that has been shown. I should like to know whether you think that the woman suffrage in States like Colorado and Idaho made any difference in the Presidential election, especially in the way of inclining women to support Mr. Wilson because they thought he had kept them out of war. A., 44c `te4-4) Alc,X`-1/1:4-j 74_4 ii tAt ? Ve_tj 1/04/L-1 -3- <7- a Though some persons doubt whether the entry of America into the war will make any great practical difference, it seems to me clear that it must materially abridge the war, not only by adding financial strength to the Allies, but also by the conviction that it will inspire in Germany that success is for them impossible. 41-1I-e 1j/ ,e Liles`', 14-6-14. Z1 71'"/Vt4-1 LYdial tz- /4a Denver, Colorado, March 8, 1917. My dear Lord Bryce: Your interesting letter of February 8th has reached me safely and with unusual dispatch, as much of my ss the water has been takinc, well in the neighborhood of o.ur weeks. Mr. Johnson has advised me of the nece, e same mail y of his leavi London almost immediately after his arrival in order to take up his it may be that he has found i duction. By in _'aria and letter of intro- In any event, I you for your hospitable intentions. I wish it we convincing on the vari ficult to generalize as people, of every race, such a vast territory mething conclusive and in your letter. It is dif- elings and motives of a hundred million s of intelligence, scattered over I think it is misleading to endeavor to sump dome one formula to explain such a complicated and involved matter as pu n the United States i these difficult times. iring you, however, let me send you some personal reflec- At the risk o tions, Which almost grown into convictions after nearly a year's inactivity d my convalescence, with much time spent in thinking about these matters. As to sentiment in regard to the war, you are entirely right in your estimate of the feelings which have been inspired in the eastern states. 72'r, sense of horror and resentment is strong enough to outweigh To - Lord Bryce. ilarc'i 8, 1917. personal and selfish considerations, and I think you must understand the reason for this. But in the middle west; that is 1, the Idississippi Valley and in this section where I have spent the last seven months, it is undoubted2:7 true that considerable indifference has existed, at least until It can be explained in various recently. of war. ?irst, lonz2: distance from the s It is robably fair to say that the indifference displayed in ac of the war land at the ou les of water was largely due to twenty or thirt whi separated and prod miles of water and tooted England from military one thousand milres, or mo an indifference in this region, only much magnifi erienced when the war first started. co. The second oxplana People of the middle west have little direct cont everythin; filters through Thew York as an intermediate Cl to sneak, where the current of direct ' is broken. Th = s that political, social and economic e a mystery to the middle west, and European affairs are reby the think it ticular zen here as of no particular consequence to him. a even more true to say that he regards this country as of rtance to Europe in this awful strugle. e have had no cal relat one with Europe of consequence, we have never loaned money ope and our sense of detachment has led leople out here to believe n European affairs we do not count. The war suddenly imposes upon h political and financial responsibilities of supreme importance to ves and to Europe; in fact, one might almost say of deciding importance, e middle west has not yet fully waked up to it. 3. JILTo - Lord Bryce. Larch 8, 1917. The third reason for the indifference is undoubtedly the fact that the farmers of the great valley between the Alleghenies and the Rockies, where we produce grain and cattle in such abundance, have seen the value of their products about doubled by reason of the war and unprecedented prosperity has resulted in a feeling of satis on v .e status quo, ot to see distur renc I believe, has n the compare- ecently) to war news many newspapers it was six months or character of our popula- very considerably German and ies. y be said, is the reluctance of many disapprove of the military spirit of see it introduced here. ot be minimized, is undoubtedly a ur people have been injured and abused ions and t:-Ie lawless propaganda in or complaint against Great Britain also n other words, there is so-e feeling as boon shown by both sides. lead me to believe that probably more mpathetic with the cause of the allies, gence and particularly ladies believe at we should keep out of it. 4. To - Lord Bryce. March 8, 1917. There is no doubt that the developments of the last few weeks, particularly the astounding disclosures of attempted conspiracies in Mexico, have awakened western neople to a better appreciation of the real seriousness of our nos it ion. I believe I can detect, both in the of individuals, the growth of a deeper of the war and of its consequences, public opinion is confused and is I 1 ' n the expressions z .reciation of as is true significance sioill) 111e to remain conf case with us, until directed by strong leadership. Your question as to suffrage vote on the out- come of the Presidential ossible to answer conclu- sively, because of t es in so many of the states. You may have gathered rooted against President conclusion according t Where suffrage has not made the caumei Hughes gave sponded that the decision the suffrage lson. he suffrage movement was die reelection, Which would not be an accurate n those states, particularly in the east, d by the women, a determined effort was et suffrage pledges from the candidates. approval of"votes for women". Mr. Mr. Wilson re- was a state question and, while he was not opposed to it, rest with the voters of the different states. At once era in sections whore they had no vote organized to onnose Inquiry in Colorado, however, which is the first suffrage state, and Which gave Wilson 60,000 majority, leads me to believe that the women quite generally voted for .ilson, because they felt he had kept the country out of war and would continue to do so. same Jas undoubtedly true in 6. To - Lord 3ryce. March 8, 1917. Kansas and probably so in Wyoming and Idaho. I have hoard of cases in California where the men of a family voted for Hughes and the women for nelson on this very proposition. vote It is probably fair to say that the woman suffrage states ran lroportionately ahead of the men's votes for Wilson, to some extent and possibly to a On the other hand, the influence of the this very ,;round. was directed frag^e propo = again:A Wilson in those sections Where e women had no The complication that I refer to had principally bition. The women have line and there is no doubt that paign has confused the iss some sections hand, the administrati So far tion can be f. the past four y it difficult to determine Wilson's supposed inter- /hich gained him man;,: votes. s aetiv On the other in opposition to so-called Anti-Japanese states, cost the ?resident a good many e would otherwise have had. that the we e active prohibition cam- ew years ago midoubtedly gave him s standing with the labor e votes _= somelhat and Here in Col. ference in behalf of the legisla ion in the Paz ohibition movement, solidi just how the woman v do with prohi- I am inclined to think, however, ole was a vote for peace. the ?regressive vote is concerned, what better explanathan the legislative record of the Democratic party of ? This administration has nraoubtedly produced a great mass of legislation which the country has accented as being "advanced", or "progressive" LI character, as being anticapitalistic and antimenopolistic and designed for the better security and Prosnerity of the laboring classes. The Federal Reserve Act, the Federal Trade Commission, the Clayton Act, The 6. To - Lord Bryce. ;.larch 8, 1917. Federal Farm Loan Act, the Seamans Act and others loss well known, and finally, on the eve of the election, the _damson Light -hour Law. These legislative accomplishments enabled the President, and I thin,: with con- siderable justice, to make a very strong appeal to the Progressive vote, and I imagine that he more than divided th . Hughes in tho partition that resulted from the abando Progressive party by its chief leaders. After groat patience, our country finally must a decision hardly second in importance The decision Fort Sumter. wards crystal a few Somag7S5 have blo posure of Germany's dupl ornment, is going a lo alt leadership is directed to. public division of pulf.iic 11t for the relief of much of t that, I fear an unfortunate esentment that e s pro --combined wiAlothe ex- all of theit- representations to our gov- solidifying Aix opinion. of our ?resident I have little patience, all respects h s polio; has not been the one that I could like to have se are with the :ace during a ane on your side is better acquainted than you ficultias which the President of the United States must od such as we have passed through. Until recently the President would ve faced a seriousl-,- divided country, had he exercised hority which he undoubtedly possesses to pursue a more aggressive than he has heretofore adopted. You will, I hope, pardon this ion_ letter from a friend whose only 7. - Lord Bryce. Larch 8, 1917. wish is that his country be not misunderstood, particularly by you and others who I know have a deep affection for the United States. With kindest regards, believe me, Sincerely yo Rt. Hon. Lord Bryce, 3, Buckinzham Gate, S. London, Lhg. BS/CC 4., Lord Bryce's letter of Lich. 8th. April 4, 1917. P. S. I have been holdin; the above letter since it was dictated on March 8th, expecting that developments were pending which would mako all speculation as to this country's position quite unnecessary. 13xactly that has transpired. The President has determined upon a course which makes him truly the leader of public opinion and the country's enthusiasm has been awakened most unmistakably. There aro millions of Americans who feel the same va,iafidction and elation that I do in having our country finally lined up alongside of the allies and pledged to contribute its wealth and energy to bring the war to a successful conclusion. May 21, 1918. Dear Lord Bryce: sc2( Your ntte of April 24th reaches me just as we are responding in this country to the call of the fled Cross for a minimum of $100,000,000, and were it not for that it would give me great pleasure to send you a larger check than the enclosed for the work of the British and Foreign Sailors' Soviet :.. 2f course, you are aware of the many demands made upon all of us for contributions of this kind bzt I do not want to plead that as an excuse for making no contribu- tion at all so I am sending you a check for;25. Very often I recall our discussions of where the United States stood in the war. None of your friends on this side feel any greater satisfaction that I do in witnessing the magnificent development of feeling which has taken plane over here. ?his country is in the war to stay; to finish it; to beat 'ermany and to help with you and France in later years in constructing the basis for permanent neace. You really cannot understand how strongly the American people Bow feel without being over here. The only complaint now heard on this side Ls when some evidence of failure, delay or inefficiency in getting ouf war machines started becomes apparent. There is just a possibility.- that I will be in London this summer and if so, I hope to have the pleasure of seeing you and Lady Bryce in rejoycing, as I know you do, in our partnershir to rid the workd of the German menace. 2. Lord Bryce. 5/21/18. With kind regards to Lady Bryce and to yourself, I beg to remain, Very sincerely yours, The Right Hon. Viscount Bryce, 0. M., British & ForeIry Sailors' Society, 'akefield House, Cheapside, London. F . C. 2. BS PEG /67/7 / 1:( 0 cl z (f) 1.14 June 19, 1919. Dear Sir: This letter, together with my passport and his own, will be presented to you by ly secretary, Mr. Vaughan. I ex- pect to visit Great Britain on official business of the Federal Reserve Bank at an early date, sailing from New York on or about the 1st of July, and shall appreciate it very much if you can accanplish the formalities of visaing these passports without requiring my personal presence, as the present pre3sure of business would make it very inconvenient for me to attend. Very truly yours, Governor. Consul Generll of Great Britain, 44 Whitehall street, New York. c /Kat. Lev- / em /Alfa/ J.- /len my. ofivyr 71.a,:74, 9'. 6: 2/z7-,7 77_4 IY(ti -Do =10)7.)07-7-3--?- 7 "yr111. A712v / :1..tz Hotel, London, l919. September :':77 dear nalor Oratford-Stuart : Your note and card have just -reached me as I a leav- ing the hotel fora week-end in the country, and I am Indeed greatly disappointed that the arrangement for accomrlodations on the "nauretanis could not be oarriei out. I shall certainly adopt your suggestion and file an airlioation for anything which hap,)els to he given UD just as soon as 1 Fet back nonday morning. Unfortunately, my engagements next week, partic.darly if I m-Ist leave bye the "Baltic", seem to make it hopeless for me to e7:flect to have the pleasure of lunching with you, much as I should like to do so. In any event, we shall have, I hope, malty meetings in iashington and Hew York aft' r arrival, and in the meantime man;T thanks for your assistance in to matter of the reservation. incerely yours, 17ajor G. .I. Crauford-Stuart, _onm 7G, 2orei7n office, :.cndon. B3/2r CLARENCE H. MACKAY, PHESICEtcr TELEGRAM DELIVERY NCL P STAL TELEGRAPH - COMMERCIAL CABLES RECEIVED AT The Postal Telegraph-Cable Company(Incorporated)transmits and delivers this message subject to tne terms and condition: printed on trt Dark of thic H ink. This 4 Jay Telegram unless otherwise indicated by ;signal after the number of words:-"N. L." (Night Lettergram) or 269GXEN WI 310PM (Night Telegram). 26 2EX RELAY V I A GX WASHN DC 29 )13 FEDERAL RESERVE BANK GOV STRONG, 15 NASSAU ST NYC YOU WOULD GIVE ME PLEASURE SHOULD BE VERY GLAD IF OF YOUR COMPANY AT LUNCHEON NEWYORK YACHT CLUB WEDNESDAY DEC THIRTY FIRST ONE OVCOCK GREY, OF FALLODON Form 16 Misc. 34 FEDERAL RESERVE BANK OF'NEW YORK Sent by COPY OF TELEGRAM Lritieh AiiiLtxesli.dor 1306 Gennectiout :a Ciub on .edn indeed to t.i.ke luncheon iit," tit one ()clock (SEND TO Form 1204 CLASS OF SERVICE SYMBOL Telegram Day Letter Blue Night Message Night Letter WESTE47NA UNION Nite NI of these CLASS OF SERVICE Day Letter TEL three symbols Cs after the check (number of is this is a telegram. Otherr its character is indicated by the Isymbol appearing after the cheek. NEWCOMB CARLTON, PRESIDENT Nite NL If none of these three symboli Night Letter -AM - Blue Night Message WESTERN UNION w.72F, appears after the check (number of words) this is a telegram. Other. wise its character is indicated by tin GEORGE W. E. ATKINS. FIRST VICEPRESIDENT symbol appearing after the cheek RECEIVED AT 48NY A TA 13 2EX NE 'NYrIRK RN 'GOVERNOR STRONG HA PRO R VERY MANY JAN 6 19 20 """ ) FE DE RAL RESERVE PANK THANKS KIND GIFT MY BE SYMBOI Telegram GO PARK AVE NE AINORK WISHES FOR NEW YEAR G RE Y OF FALL 0 DON 1105A Fallodon, a 11 Embleton, Alnwick, Northumberland. ctivK. Mittl lotAl WKevvit. p. (h.a.,(4- ii,AL43 (514,4, (fAAA, 414444 44 tti fr. (4) Wilsford Manor. Salisbury. azAAQnom, a,.4,: 6. /at 11 Vh-crL 11-u- E Con 410, 2/22/27. 2. which is the best I am able to do ae yet, I 'ooh; to rwiLLn Sincerely ycJr::, The RiEht Honorable Lord Grey, Fallodon, Embleton, Alnwick, Northumberland, Inglaud. April 14, 1917. LEMORANDUM OF CONVERSATION aITH SIR HARDLIAN LEVER OF THE BRITISH TREAbURY. The Bank of England, acting as fiscal agent for the Treasury, has taken entire charge of the flotation of the various issues, with the exception of the preparation of the i_rospectus. The National Committee of AdvertiStg took charge of the publicity campaign but the Bank of Eng- land designated all the offices and agents through which subscriptions could be received and generally became responsible for the success of the issue. It was necessary, esp at the last issue, for the Bank of England to take outside quarters and organize a special staff. The short-time Treasury bills were only converted in mart into new bonds. Various accommodations were made to the joint stoc)r. banks to enable them to make their payments without dislocating funds, and the payments were made in a number of instalments lasting over a period of 2 1/2 months. About 380,000,000. a month has been received of late from the local savings societies of which there are about 20,000 organized throughout the Kingdom headed by the important business and laboring men in each community. These societies have placed a one pound obligation in non- negotiable form with wage earners maturing in five years, eelling it to them for 4%. shillings 6 pence, whioh is a discount of a little more than These have been -xtreaely popular and bring in a steady stream of money as many of the wage earners are making excellent incomes just now. Neither the loans nor the sale of these one pound certificates have resulted in causing substantial withdrawals from the regular savings banks. The gilt edged securities have gradta.11y declined about 1% in 4111 yield, but this has been grad-al rather than sudden. Sir Hardman Lever then spoke of the taxation, mentioning the munitions establishment tax under which establishments wore permitted to retain the average earnings of two years prior to the war ill's 20, with an additional allowance for increased output. All above these amounts were taken by the Government. The income tax has been increased to 25c: and the surtax as high as 501. These figures will not be increased. He said that Lloyd Geor_:e always planned in making a tax to have what he called a "buck" in it; that is, to leave an incentive for a man to exer- cise his initiative and energy to iroduce better results. It was understood that Sir Hardman Lever would cable over for a complete sot of all the printed matter and data regarding the placing of loans and the organization and working of the war savings societies. OFFICE OF THE BRITISH TREASURY REPRESEATAT10-14. TELEPHONE HANOVER 5180 HIGH COMMISSIONER t..214) THE EARL OF READING, G. C. B. WALL STREET, NEW YORK CITY. ''''''''''111.-TJZN'T.C'0-141;-119111'10.N"E-R FOR FINANCE SIR S. HARDMAN LEVER. K. C. B. FINANCIAL SECRETARY TO THE TREASURY tAnflinAMINIIIIIIMARMAINARS1110001..." 9 June 1919 Benjamin otrong, Eso., The Federal reserve Bank, 120 .roadway, New York City. Ly dear Strong, I have your letter of the 4h and would be ver:- pleased to do anything possible to make your trip on the other side more comfortable. I am writing by this mail to 6ir John iradbury, asking that all facilities be extended to you on your arrival in Liverpool, or whatever port you definitely decide to sail to. .hen you reach London he will no doubt be able to further assist you. Please let me know when you aeciae on your boat so that I may send a cable. Yours sincerely, June 7, 1919:1138 A" UN 1 8 1919 Sir Hardman Lever, Care Llessrs. J. 2. Lorcan and Company, 238 all Street, New York City. BRN FEDERAL RE,SFPVE My dear Sir Hardman: It now lcioks as though I will sail for Europe the latter part of this month and I shall doubtless spend about a month in London. ill it be possible to have some arrangements made for facilitating my trip by cutting the official red tape on the other side? I would not sugc:est this except from consideration of health, and I will greatly appreciate any countesy which can be arranged in connection with my trip. Sincerely yours, Treasury Auilding, Washington Juno 11, 1919. Sir S. Hardman Lover, Oars Messrs. J. .2. Morgan :Ad Company, 23 Wall Street, New Yor-e: OitY. My dear Lsvnr: You are most kind to taro a personal interest in tho comfort of rw trip. I have ongagod tyaoe for the Baltic', sailing July lst, and have every oxpeotation of sailing on that date. With Idndest personal regards, believe no Sincerely ;yours, 1_00-16 19-\ 30%.- ZDVik Jlnkl 30, 191'). :y dear Lever: :P.efereli.g to my letter to ;,,on of Ituu 11th, d2ted t e of the Baltic rhich rnx post-oned or eo-:citnes.: of troubles at Liverpool 17:3,-, no I:cell definitely set for the 12th of July, on which date I eroect to len7e for England. With kindest personA regards, believe me, Sincerely 7ourn, it S. Hnrdmn Lever, c/o -essrs. J. P. Morgan & Compa ny, 23 all street, 'Ter York. V 4 S ( LI . 1 e /e' (et Je November 1L, 1914. Sir George Paish Hotel Shoreham Washington, D. C. In case, as I understand, you are in New York next week, I trust you will Li e us the pleasure of opportunity to see you and possibly reserve time for luncheon before you return to Washington. Benj. Strong, Jr. HOPE COTTAGE, 2, MATFQRD TERRACE, sEXETER. MARI 5 Str-/? fri-pg-rvo, 177 7/7 /4. 4/1-r-c," 74 71 A-g2/X-e.A/4 te, a-/ vl 4 I It was learned today that the bankers in New York who drafted the report of conferences with Sir George Paish and Basil P. Blackett, Esq., had asked Mr. iavison, of J. P. Morgan L;; Company, and I.!r. Bro.n, one of the membele of London. the Committee, to continue the discussion of the report in 1.1r. Brom is now in London, and Lr. Davison is saLling on the ";idriatic" on 'aednesday, on which ste=amer Sir George Paish and Er. Blackett are returning home. Ritz Hotel, Piccadilly, TELL C ADDRESS London, W. RITZOTY-LONDON March 22nd, 1916. 11y dear Sir George: If the address which you made yesterday before the Royal Statistical Society has been printed, I would very much appreciate indeed having a few copies to t. ::e home with me. I am counting upon giving myself the pleasure of a call at your office some day this week, or early next week. It was a great pleasare to see you at the dinner the other night. With kindest regards, believe me, Very truly yours, TELEGRAMS: STATIST, CENT. LON DON. Zhe TELEPHONE 1.M el TV itt#11rit, S259. 51, CANNON STREET, LONDON,E.C. EDITOR'S OFFICE. Farah 23, 1916. by dear Strong: I shall be very glad to see you at any time you can call a*4 I hope you will give me the pleasure of your company at luncheon, or if more convenient to you at dinner. Could we not meet on Monday at 1.15 at the Reform club for luncheon, or Tuesday evenin, for dinner at the Reform at 7.30? My papar on "war Finance" is to be printed in the "Statist" this week and I shall be very pleased to send you some copies. With high regards Benj. strong, Fsq. Pitz Hotel. -^1111111.410- W -"w0141/11gisz Colorado, March 15, 1917. y dear Sir George: It was most kind of you to write me for I ow how very busy you and others who are devoting themselves to various r activities must be and how difficult it is to find Lime f rrespondence. Events over here are developing with astonishi .idity and it oen looks as advisors,whatever may ha v: and his thou,;h, this coun MTd, frankly, for many ; our neutrality forced upon us. With kindest 3S/CC If war comes with Germany, owing that it is fled and more than xeter. Lo comes as a relief to have the med. we will have the sat Sir Geo e PAIghs. Hope Cot e 2, Matfo p patience of t have no choice as.president to its errace, justi- jr N.B.-This Form mast accompany any Inquiry respa;:tim; this Telegram. rt, POST OFFICE TELEGRAPHS. 0 ice Sta If the Receiver of an Inland Telegram doubts its accuracy, he may have it repeated on payment of half the amount originally paid for its transmission, any fraction of ltl. less than ?,d. being reckoned as d. ; and if it be found that there was at CM sParrnovtiong.l.tdLonci inatcoracy, the amount paid for repetition will be refunded. Special conditions are applicable to the repetition of Foreign Telegrams. Office of Origin and Se.ce Instructional Ch andetilpe in at iht& ftLfv-i-e fotO s. d. jiteitf het 1 (.111 /ktif4t/ Ld( 32 CURZON STREET, MAY a,/? IR, W. ivkiv-7 1.1.t ,y6 Denver, Colorado, January 2, 1::17. My dear Lord Reading: the The onclosed copy of a note jlaie liberty of handing t,) my friend Mr. C itself. Mr. Johnson is one of the l es A. Johnson = rig citizens of and I think you may be interested in having a littlejvc him, in case you are able. Loins ver with ""11101 of a liberty Realizing that it oduction to wit:1 a vol.:: busy olan to g u that Mr. Johnson friend, I -grite th to accord him an will fully undorstnnd interview. ry 000d wish for the New With warmest Year, beg to remain Faithfully yours, Rt. Honorable Royal Law Cour London, Englan BSAX rd Reading, Strand, Denver, Colorado, April 19, 1917. My dear Lord flooding: It seems a long time since we were discussing the arrangement of a loan in the United States 4hich at that time appeared to be a difficult, if not impossible, task. feeling; Since the:: have watched the development of this country with the conviction for many xnonihs past that the time would come When the people Of the United States would insist upon an active participation in the war. That time has now arrived and with it 1 am glad to say comes an enthusiasm and determination to place the resources of this country behind the cause of the allies, without stint. Unfortunately, my health will not permit my doing much more than to a: silt in some small way various financial arrangements. son, however, has been mustered into the Federal army, he My oldest is now on active duty, guarding interned German sailors, and 1 have no doubt, as he has had over a year's military training, that he will be among the first to go abroad wit'''. an.,; expeditionary force that is sent. I cannot refrain fro:. sending you these few lines of felicitation and to express my confidence that the moral and material influence of this country as one of your allies will bring the war to a decisive and successful conclusion before 7ery long. I am happy in realizing not only t'-o pledge of success Which we are now about, to extend to you, but further than that the assurance of a closer sympathy and kinship between your country and ours when the war is over. 2. To - Rt. Hon. Lord Reading. April 19, 1917. With warmest regards, believe me, Sincerely yours, at. Hon. Lord Reading, Royal Law Courts, Strand, London, England. BS /CC ROYAL. COURTS OF JUSTICE, LONDON, W.C. May 25th, 1917. Ly dear Ir. Strong, I thank you warmly for your letter and for the thought that prompted you to write it. The entry of the United States of America into the war serves to increase the esteem and friendship already existing between so many Americans and Englishmen, including you and me. Times have indeed changed since the Autumn of 1915, but even the world-momentous entry of the American people into the titanic struggle between progress and reaction has not dimmed my recollection of the services you and others rendered to the Allied cause when I visited .New York at the head of the Anglo-irench Lission. I have never wavered in the conviction I then formed that America was heartily in sympathy with our cause, as was made evident by the desire for the success of the L,ission. Thoughts of this visit bring back very vivid recollections of the late . Joseph Choate and of the splendid assistance he then gave us. I have never spoken with greater conviction and sincerity than when from the -beneh in the presence of all the Judges and Law Officers and many of the bar 1 had the opportunity of testifying to ROYAL COURTS OF JUSTICE, LONDON, W.C. the admiration and affection felt by the lawyers of England for this very distinguished American gentleman. Not even ,et are we able to realise the full effect of America and ourselves making common cause against the enemy. The memory of past differences dies hard, old prejudices linger long but this joint march in the van of progress will, I trust and believe, sweep both differences and prejudices away and give place to the immeasurable vista of good our two Nations may be able to achieve together for the benefit of humanity. 11. am, my dear iy.r. Strong, / 2315, Massachusetts Avenue, WASHINGTON, D.C. 16th. October, 1917. DIRIGINeloV Strong, . noTtInreply to your letter of October 13th, and to confirmpLord Readines telegram R.9 of the 15th, I am writing for Lord Reading to let you know what information I gave to Mr. Croxton about Lord Reading's visit to New York. Lord Reading would be very grateful for the use of a private car. He and party leave Washington at 1E.30 p.m. on Wednesday the 17th, arriving at New York at 5.56pm. He also has great pleasure in accepting your kind invitation to be your guest at the Plaza Hotel during his stay, and also to meet the members of the General Committee at dinner at 6.30 p.m. on the evening of the 18th. In regard to the order of making his address, so long as he is not last of the three speakers he is content to leave the matter in your hands. A box containing six seats will be ample for his party for the meeting. In regard to rooms at the Hotel, Captain Sir William Wiseman, Bart., 115 East 53rd. Street, New York, had already selected the rooms for the party 'before it was known that we were to be your guests. I have let Mr. Croxton know this in order that the rooms already engaged might be retained and that there might be no clashing. Lord Reading desires me to thank you very much for all the arrangements you are making for his comfort. With kind regards, yours sincerely, Governor Strong, Federal Reserve Bank, NEW YORK. Octob.r 19th, 1917. Dear Lord Reding: Your willimmess to help in our oampai,;n by making that magnificent address last night is appreciated by every member of our organization. I have been asked by my associates if you would have any objection to our pAblishing what you said in full. They 41isee,a to think that it ras a very great address and we want to presurve it in tho archives as well as it in the course of our efforts in this and later loans. Of course, a copy of the manuscript would be sent you before it was printed. Again, with wamest thanks for your help, I Very sincerely yours, To the Right Honorable Lord Reading, 2315 Vassachusette Avenue, Wi.shington, D. C. Misc. 34 FEDERAL RESERVE BANK Sent by rr ilaF NEW YORK (SEND TO FILES) COPY OF TELEGRAM 7,4ord Readin, P315 gageriehusetts Ave., WariltirTior. 11. C. of look to welotelmrtor torlorroa nftcremon rerlrinl.rpr rrob "y r til 4 a -,prrent* alas tr ^1!* tiff . rasiterve bwrlt if you will bo direr rlp,Pd for 1 ure or dir.rer 'Y'hurreltty or rriitty., poirc ftttznd r- " trOn Chlrge FrdertAl Rosary* Danir. 120 Broadway. 8-5 r.ov mrts or CLASS OF SERVICE WESTER, SYMBOL Day Message ifLetter Blue ht Message Nite Day Message Day Letter WESTERN UNION TEL NL Night Letter If none of these three symbols appears after the check number of words ithis is a day message. Other- wise its character is indicated by10 f symbol appearing after the cheok.1 [CLASS 0 7 QcZcaii ciag..1:ENT AM / GEORGE W. E. ATKINS. FIRST v Nit. Night Message NI Night Letter If none of these three symbols NIpears after the check number of words) this is aday message. Otherwise its character is indicated by the E EstorNT symbol appearing after the check. RECEIVED AT !95 BROADWAY N '( 1917 ORXCEIVED CT 3yy- pm 7 MC WASHINGTON DC 7c 7P 2568 GOVERN OR STRONG FED RES BANK NEWYORK. NY R 35 VERY PLEASED IF YOU WI LL LUNCH; WI THUS THURSDAY AT 13C.)PM 2315 MASSACHUSETT S AVE READING 3 Misc. 34 FEDERAL RESERVE BANK OF NEW YORK Sent by (SENI, COPY OF TELEGRAM Ntic;isor "174 141 NOV 1917 L.ord Beading =lb Massachusetts Avenue ,ashlOgtqn, Ds Q. ior vur tel,,arws 7e;ret that I find it neceevary to lostpene my tri; to 'Aatihingt on until net week ill aivlse you later 7.unjnialn Federnl Reserve 3. B -5 Nasniu Street, :gym. Tor:. .7 r fl;. I AgSOCIATI..04101 FiriptailARP CORRESPONDENTS w 3illtrIaD,R.§Tral Ft En! I FEDERAL RESERVE Bt NIc April 19th, 1919. FAREWELL DINNER TO THE EARL OF READING You are cordially invited to a farewell banquet to t 122---Ear-1-94-aP-agi-the.4.--11r-assador and High Commissioner and Lord Chief Justice of England to be given by the Association of Foreign Press Correspondents in the United States at the Hotel Plaza at 7.30 P. M. on THURSDAY, APRIL 24th. Cheques for twelve dollars per cover should accompany acceptance and be made payable to the Treasurer of the Association, Percy Sutherland Bullen, Secretary, 66 Broadway, New York. N.B. An early reply is requested. LIBRARY AP R 2 1919 FEDERAL RESERVE BANK April 21, 1919. My dear Lord Reading: Your many friends in this country are almost regretful that the time is approaching when you are to return home. 17e will miss you very much indeed, and will retain memories of a most happy personal relationship founded upon your great work in this country. I am sure the basis of this feeling is the belie: in the minds of so many of us that the penalties of this terrible war can only be minimized by the closest of friendship and cooperation between your country and ours. Juch a re- lationship, in order to be permanent, must rest upon mutual confidence and friendship, which you have been so successfus in promoting. I didn't want you to return home without sending you a word of this kind. *3e will Miss you very much, but will always remember you. I am wondering whether, in the multitude of your duties, it may be possible for you to find time to send me one of your photographs, with your nac.e written on it. I will value it as a souvenier of our association in some important matters in which our object have been identical, and, it i may say 30, with some pride, the results hare not been without success. lith warmest regards, which 1 hope you will also convey to Lady Readin I beg to remain, Jincerely your friend, Right honorable Lord: Reading, British imbassy, 4ashington, 1). J. BS/M3B LIBRARY MAY 1919 FEDERAL RESERVE BANK May 2, 1919. Dear Lord Reading: I have just this minute received the splendid photograph which you were good enough to lot me have and which I shall prize most This and more I had hoped to say to you and to Lady Reading before your departure. I know that it is no kindness to take even a minute of your time When so mriny matters are pressing and so again convey to you my warmest regards and best wishes by letter. It is quite probable that I ipay have the pleasure of seeing you in London this summer. '.)ordially yours, Right honorable Lo7201 Reading, Plaza hotel, Lew York. 7 27712,5 32 CURZON STREET, MAYP,A1R, w. a o ' , 1 ,r. 11 1-1 1 1 , 1 , I 11 I 7 h. ;F° 1 ,, I , 11 I ' 111_ /6 g TA-m 6V-i.;g# I 11 Ir ROYAL COURTS OP JUSTICE, LONDON, W.C. the admiration and affection felt by the lawyers of England for this very"distinguished American gentleman. Not even yet are we able to realise the full effect of America and ourselves making common cause against the enemy. The memory of past differences dies hard, old prejudices linger long but this joint march in the van of progress will, I trust and believe, sweep both differences and prejudices away and give place to the immeasurable vista of good our two HatiOns may be able to achieve together for the benefit of huManity. I am, my dear Yr. Strong, c"),:i4v/ 6C-0 /5-5 2315, Massachuset ts Avenue, .x,(10100 4%3"C area paw/ °CBI :T.Tpu -tool so.TAI'luTfITA (11 droq uT ant) luaaTJTu escap;.c Gi paluTo..;adla Sq SaaAo ai-.q..Lsaa Jo troll.szTuto x DArti -aocc! i431sr uovaTooear JT 1104 ['plot 44: LejTndmvo Sci li.uptvri ltTl. tlonr 1.Vila .4no /7.'i ol. 3,%.7.-4 no '.,T21.4=;ifigni pozclir (4 zurpil P001p PI? 04'. S71 ITaM th-.7 E;JCJJ9 UT s:pil iNto Jo eql ll .t.2 ,940J9q anoA r:un no:: 41: ru .101:et star:or 14Taoanz.mw prnoA .4 dug s,zw tri.ri o an jo osaroo 8 c41 . .,illuTari f:ITv21 I ucqloarclo uT .1tnj Sntu, p;re 6t; 2 LJO4 1r4a'Al ipt 01 0Ax-uzad IT LT or -412 a.ln !'if UT c.1:11. es.,1nclo Jo 11; luls tiaArio 1..rq4s \ 7ae:::.m4 ,al.artil 40,1 ic_Az taGA 0OUTS sanolc 01. 941 9In..touoa c2c1 st" :.:1?-077-gt7r:!! cenu.ki 4z).01uTtizr.1 ea *3 risa se Miec. 34 PEEP?) T RESERVE BANK OE NEW YORE (SEND TO iILZ Sent by 11/ COPY OF TELEGRAM , ; tut. ".:, r.31 12..1 r% 1 ry -4 t j,), ,zr -1 rr,.-on :; : 1. 7 .2 `1;* CL:SS .03 OF SERVICE S1';':12.0L it±v 'ay Pla,saln _Day le:tat memo Elt:a L N' N;te -1-, ... -----FiIt', L., ::, ,' i; I.. It none ,..i 1.::-. t:-.! ,, , f !es:. t;), i:If :4: VI :101:r at NL these three symbcts Letter If au. o! D'... t.- appears after the check number of wordsithis [so day messege. Other- w;se ..,-, ci , :::,,:::.r i, i...d. seize Its character Is indicated by tn'S oyrnhoi appearing after the check.. / RL70,4. GEORGE W. L. ATKINS. F:RST FRE-prIDENT N, :E.- SI r ,- ,,-; ,....-...: SYll'1,: ,:':1. RECEIVED AT :73 r? r2. VIA Y N - .* I. V:AS-raliGT01: DC 7C, 71' -50 GOVERN OP, S TR03.G ,Gaz )8 FED RES BAr.r. EV;YORL. rY VERY PLEASED IF YOU WILL LUIT, CH 7, ITHUS THURSDAY AT 13 CPL 2315 1.:.ASSACIDSETTS AVE PC::.].t.DIICG r, / - tI \-"- / i y V: r: 1 - rim I pYp p i LL. DV \1/4 APR 2 2 1919 FEDERAL RESERVE BANK 111)ri3 21, 1919. Hy dear lord Reading: Your many friends in this country are almost r(retful that the tirne is approaching when you are to return home. Wo will miss you very much indeed, and will retain memories of a most happy.personal relationship founded upon your great wore in this country. I am sure the basis of this feelinl; is the belie: in the minds of so many of us that the penalties of this terrible war con only be minimized by the closest of friendship and cooperation between your country and our lationship, in order Such a re- mutual confidence and friend- ship, which you have been so successful in promoting. I didn't want you to return home without sending you a word of this kind. We will miss you very much, but will always remember you. I am wondering whether, in the multitude of your duties, it may be possible for you to find time to send me one of your photographs, with your name written on it. I will value it as a souvenier of our association in some important natters in which our objectsa have been identical, and, i: i tasty say so, with some pride, the results have not been without success. With warmest regards, which I hope you will also convey to Lady ileadin, I beg to remain, Sincerely your friend, Ricjit honorabnlord British Vashincton, D. J. B3/2,33 yl \`k I'l 1 \ x114 11 II`N 1 "i--,"-frs2:-!A 4,4-7X t-}1112-/c4rl VAA..... i, I / 61"-L# ./7 7 -/t) '''''.eA /1- A-1-; . V 4-4(-4:-ffq .1 71i-1 /r" .717//// 'IV A.. 7'/ i ('. d . -v - o' 7 LI BRARY MAY 4. 1919 FEDERAL RESERVE BANK 11,4y 2, 1919. Dear Lord Reading: I have just this minute received the splendid photograph vihich you were good enough to let me have and which I shall prize most highly. This and more I had hoped to say to you and to Lady Reading before your departure. I kno-1 that it is no kindness to take even a minute of your time when so many matters are trossing and so again convey to you my viarmest regards and best wishes by letter. It is quite probable that I nay have the pleacure of soeint; you in London this summer. Cordially yours, Right honorable 10'..d Re riding,_ 11=a hotel, Lea York. B3/1133 A Ritz hotel, London, 6eptember 17, 1919. -/Ige 14 dear Lord Realing: it has been a great disappointment to one not to -sre nal opportunity of seeing you on my visit to London. when I first arrived from America I had only a few days before proceeling to the Continent and had to be satisfied with a glimpse of you at the Law Courts :ken i stopped there on the chance that you might not be engaged in court. I returned to London from tae Continent last -week but, unfortunately, find you out of the city. i am wri,ting particularly to ask you also to expret,s 'y regrets to Lady Reading. ith kindest regards, believe me, sincerely yours, Rt. hon. The -c,arl of heading, 32, Curzon .itreet, London, ,;11. etc., January 18, 1P275. My dear Lord Reading:. With this I 8:1 enclosing a copy of a note of introduction which I have taken the liberty of giving to nrs. Charles T. Barney of Now York, who expects shortly to make a trip through India, accompmied by her friend Tire. Stanford iThite. These ladies are travelling in a tour party but are unF.ccompsnied by any men of their families, and I have not hesitated to take the liberty of giving them this note to you because they may need some adVICO or counsel, which I have assured them you and your associates will gladly give them. t 41; 1-. bo I think it is quite likely that Lady Reading may recall Mrs. I Lir under the impression Barney or Mrs. White, or possibly both of thorn, that they had the pleasure of meeting Lady Reading when you were in this They are bath me,n5ers of ol'.4 Noa York families ant *ell kno:.n to ?11 country. friends in this countr;. of your May I take this opportunity to congratulate you upon the addition It of Sir Basil P. Blackett to your staff. personal help to you but added strength to your fine organization.. kill I am sure be not only a Also nay I convey my warmest regards to Lady Reading, and my best wishes to you. I beg to rerain, Faithfully yours, To His Excellency, Right Eonorable the Earl of Reading, Viceroy and Governor General of India, r1-71hi, India. B5.!1!! Enc.. (oktbbi,fia,et_ 47-#.01 ,c( 116 My fro tha and out I c mar imp sni suc tre did his sal C -ri suc fin bas 2. FEDERAL RESERVE BANK OF NEW YORK is Sir t7illiar Tyrrell London England and I were fortuay.te enoug to share on the n:Airctralia. I hope that Lord Grey has sor.e good fishing 7:nd as great freedom from the bothers of the world an I have recently had, and th t your share fricnd Sir 'fillips'. not rrnve to wrch fr my good of these bothers will The world Jo up lido down, but I am not quite pure that that luotifies n any people of importance over hers standing an their heads, an they seem to be trying to do. Tokwibly, .it is a natural effort on their part to put their brains in the por:ition which /1Z.TC intendedtthem to occupy. With warmest which I hop© you wia. also convoy to Lord Grey, eh , d you Doc him, or 11:-Aro 000aion to write him. I am Vary sincerely yours, Foreign Office, SW.J. * . afy)-2 °/ iti-exz_4-443u °J-z-f4/y yy 29 77f 'xvip7-dAic?-3sf7/910-"ic I Foreign Office, S.W.1. 19 March, 1928. Ij dear Strong, 1-lny congratulations have reached me from your country ou, none were more welcome and more appreciated tYy me than yours, as I look upon you as an old friend Who has the same outlook as myself on life, but whom I do not see sufficiently often to please me. I do not expect to take up my appointment until the summer, but I hope very much that on your next visit to Europe in Lay you will extend your trip to London. I shall take it as a great favour if you will let me know of your presence here so that we may meet. Yours always sincerely, Benjamin J. Strong, Esq. a) eA frw1i 6 /1,t Cam44r6iAt-ttiee /'At (2 FA-4" CI 174. BUCKINCoAM PALACE ROAD,S.W. September 28th, 1926. My dear nr. Governor, - a pleasure to see your handwriting, and a real disappointment to have missed ycu on your return journey. HLd I seen you, I could have told you at length ofthe favourable reception of our Report, which I attributed in large measure to the impetus Liven to its launch by your evidence. Perhaps I should have had courage, too, to express to you a word of admiration for the most distinguished work which you did for our common cause during those months, whilst suffering, as I now learn, under a disadvantage from ill-health. With expressions of the warmest regard, my dear Mr. Governor, and of the hope that our paths may cross again, and before long, I remain, Yours sincerely, T1 A Stuyvesunt Road, Biltmore Forest, Biltmore, N.C., February 14, 1927. qty dear Commander; Phi seems ineeed a meet tardy response to your kind letter of September 28th, but you may indeed have learned that immediately upon my return from Europe I was smitten with pneumonia and since then have been incapacitated from any work or evon reading most of my mail. It seemed to me to be a fact that I had something of this sort in store for me when I WRS abroad last Sumaer, as I was not fooling well then, and possibly only by a miracle wac my illness delayed until I got safely home. But I am now grad- ualiy recovering and hope by April to be back at the office. It was most kind of you to write me so appreciatively of our efforts to assist in your Lreat aork for the cause ofIndien curr . Possibly you have been good enough to somewhat exaLgerate the importance of what vie did. If it was helpful, I am sure you underctand that no purely self-interested motive led to our appearance. After some study, I was convinced that the proposal with which we were dealing would have been a calamity for India, for Great Britain, for us and for the world, and it is the greetest possible relief to feel that the danger is past and that under your guidance India will shortly, I hope, embark upon u really modern, progressive system of monetary reform. While it is interesting to deal with sash matters academically, it is even moreso to ueal with them practically, aud I only wish that I might spend somo time in India and see the matter take shape personally and on the ground. I hope it will be a great success, and that it will redound, as it should, tc your credit. 2. 2/14/27. 440 May I ask you to give my kindest regards to Mru. Young and accept the cams for yourself. Very sincerely yours, Right Uonorable M. Hilton Young, 174, Buchang,ham Palace Road, s.r., LONDCN. PS: ad