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http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Collection: Paul A. Volcker Papers Call Number: MC279  Box 8  Papers, Box 8; Public Preferred Citation: Congratulatory Letters: "I-L", 1983; Paul A. Volcker [_IIII III 111111 •ui hull iii.. UIILIUli ii Policy Papers, Department of Rare Books and Special Collections, Princeton University Library Find it online: http://findingaids.princeton.edu/collections/MC279/c128 and https://fraser.sdouisfed.org/archival/5297 The digitization ofthis collection was made possible by the Federal Reserve Bank of St. Louis. From the collections of the Seeley G. Mudd Manuscript Library, Princeton, NJ These documents can only be used for educational and research purposes ("fair use") as per United States copyright law. By accessing this file, all users agree that their use falls within fair use as permission of the defined by the copyright law of the United States. They further agree to request • Princeton University Library (and pay any fees, if applicable) if they plan to publish, broadcast, or otherwise disseminate this material. This includes all forms of electronic distribution. Copyright The copyright law of the United States (Tide 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Under certain conditions specified in the law, libraries and archives are authorized to furnish a photocopy or other reproduction. One of these specified conditions is that the photocopy or other reproduction is not to be "used for any purpose other than private study, scholarship or research." If a user makes a request for, or later uses, a photocopy or other reproduction for purposes not permitted as fair use under the copyright law of the United States, that user may be liable for copyright infringement. Policy on Digitized Collections Digitized collections are made accessible for research purposes. Princeton University has indicated what it knows about the copyrights and rights of privacy, publicity or trademark in its finding aids. However, due to the nature of archival collections, it is not always possible to identify this information. Princeton University is eager to hear from any rights owners, so that it may provide accurate information. When a rights issue needs to 'be addressed, upon request Princeton University will remove the material from public view while it reviews the claim. Inquiries about this material can be directed to: Seeley G. Mudd Manuscript Library 65 Olden Street Princeton, NJ 08540 609-258-6345 609-258-3385 (fax) mudd@princeton.edu   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  • CHRYSLER CORPORATION LEE A. IACOCCA  CHAIRMAN CHIEF EXECUTIVE OFFICER OF THE BOARD  June 21, 1983  Paul A. Volcker Chairman Federal Reserve Board Room B-2046 Marriner S. Eccles Building Constitution Avenue, N.W. Washington, D.C. 20551 Dear Paul: Let me join the rest of America in extending Chrysler's and my personal congratulations on the President's vote of confidence in your direction of the Federal Reserve Board. Your support of a responsible national financial program, which did such a solid job of reducing inflation, can now focus on the other great national need of lowering consumer interest rates and getting Americans back to work.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  I look forward to working with you. Best regards. Sincerely,  DETROIT, MICHIGAN 48288   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. c/o 140 New  Iredell W. Iglehart D L J Securities, Inc. Broadway York, New York 10005  Dear Iredell: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  I RED ELL W. 1GLEH ART cio D L J SECURITIES, INC. 140 BROADWAY NEW YORK, N. Y. 10005  June 21, 1983  Dear Paul: I was greatly relieved to read in Sunday's New York Times that President Reagan has reappointed you as Chairman of the Federal Reserve and that you have accepted that appointment. dy know that you have a great many silent admirers. I be one of them. Your longstanding concern about resulted in Federal Reserve policies which have, in my resulted in a substantial improvement in U.S. financial mic prospects. I hope that your courage under fire d you in good stead as you continue to juggle inflation flation and all that overhanging international debt.  III  Congratulations, best wishes, and please keep up the Sincerely,  Mr. Paul A. Volcker, Jr. 151 East 79th Street New York, New York 10021  P.S.  Please do not acknowledge this note.  good work!   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 21, 1983  Mr. Manuel F. Iglesias President Electronics of Puerto Rico, Inc. Hato Rey, Puerto Rico 00917 Dear Mr. Iglesias: I appreciate your expression of support and good wishes.  We do our  best. Sincerely,  PAV:ccm  ELECTRONICS OF PUER-10 RICO, INC.  TELEPHONES: 765-8631 767-6360  GENERAL WHOLESALERS AND REPRESENTATIVES IN THE ELECTRONIC, EDUCATIONAL AND SCIENTIFIC FIELDS CABLE ADDRESS:  BOX 6412 - LOIZA STA.  EPRINC  OFFICE - WAREHOUSE - 470 FRANCIA ST:  SANTURCE. P. R.  HATO REY. P. R.  ZIP CODE 00914  ZIP CODE 00917  July 14, 1983  Hon. Paul L. Volcker Chairman Federal Reserve System WashinRton, D.C. Dear Mr. Volcker: I am taking the liberty of forwarding to you copy of letter addressed to the Honorable Senators W. Armstrong, R. Lugar, J. Tower and J. Heinz which is self-explanatory. T fully realize that you have a very tough task ahead and wish you continuous success. Sincerely yours, 0 RICO INC.,  FLECTRO  Manu 1 14 President  Encl.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  as  011?  ELECTFRONICS OF PUERTO RICO, INC.  T EL EPHONES: 765.8831 767-8380  ' GENERAL WHOLESALERS AND REPRESENTATIVES IN THE ELECTRONIC, EDUCATIONAL A  BOX 6412 - LOIZA STA.  CABLE  ADDRESS:  EPRINC  . ClEt-iTIFIC FIELDS 3  zE -  - 470 FRANici A ST:  SANTURCE. P. R. ZIP CODE 00914  ZiP CODE 00917  july 14, 1983  Hon. Senator William L. Armstrong Chairman, Senate Banking Committee Senate of the United States Capitol Bldg. Washington, D.C. Dear Senator Arrstrong: This will confirm my cable of today which reads as follows: "Not only our e.reat nation but the international financial cormunity needs Paal A. Volcker at this point in time. His confirmation as Chairman of the Federal Reserve System should be expedited unanimously. A great man for a great cause." Paul A. Volcker deserves the nation's gratitude for a job well done. Sincerely yours„,,—,  /2 Manuel F. Iglesias Member / PPrublican Presidential Task Force  P.S. I am expressing these thoughts ,not only as president of this corporation but as an economist graduated from (leorgetown University, as former chairman of the Puerto Rico and Virgin Islands delegation to the White House Conference on Small Business, 1980 and elected to the Acenda and Steering Committees of that conference and as member and supporter of the Presidential Task Force, Republican Senatorial Committee, Republican Congressional Comnittee, GOP Victory Fund, etc. cc: Sen,,,tor Richard G. Lugar Senator John Tower Senator John Heinz   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 3, 1983  Mr. Richard F. Jablonski  near Mr. Jablonski! Appreciate the note.  I'll  luck. Sincerely,  PAV:ccm  need the  OFFICE 103  P'residelit to retain Fed chief   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  RESM,E44-2-- E-2) 3089 EAST 65 STREET CLEVELAND, OHIO 44127 271-7110  RICHARD E. JABLONSKI NATIONAL PRESIDENT  THE UNION OF POLES IN AMERICA  6501 LANSING AVE.  CLEVELAND, OHIO 44105  -n c=i c..... , rri -n co -,C=1 32 rr1 C 1-; rrl —4 C .) -7••• ril i`r1 4-Z C-a 1-1-1  =,,.. c:, =./ =  Crci:.  =  r-  NJ C.Ce  in-r1 -re 1 C.0, c-.,  I  ::,•• li=  (=,  ..< r-rt -, --z rn rri  •••••• 10111•1111•  ••  :± _  CA)  Cs,  -i,...  ;:s GO   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. J. L. Jackson President and Chief Operating Officer Diamond Shamrock Corporation World Headquarters 717 North Harwood Street Dallas, Texas 75201 Dear J.L.: Thanks for your letter on my reappointment. The confidence and supp ort of the "Fed family" are the most grat ifying of all. Sincerely,  NMS:dmg-b  A   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  ;TIERIAORS  •  ViN?,11 VZOVSkt1/4L  V\V.ViAVZ SOCA J. L. Jackson President and Chief Operating Officer  rA ta.  11311 Diamond Shamrock g3 gY,E.1\la 0\11\1-W, qVg.t,7 June 20, 1983  Mr. Paul A. Volcker, Chairman Board of Governors of the Federal Reserve System Washington, D.C. 20551 Dear Paul: Congratulations on your re-appointment to Chairman of the Board of Governors of the Federal Reserve System. Congratulations should also be extended to the President for your acceptance. Paul, I'm sure I speak for the majority of the Board members in the twelve districts; however, I'm certain thSt I speak for every member of the Fourth District Board when I say we are hampy about your continuing leadership of the Fed. I have witnessed (and been a small part of) a broad and considerable effort on the part of Directors to voice support for your re-appointment. I have enjoyed serving with you and am very proud of the progress made with your leadership. I encourage you to continue now to make further progress and to stick by your guns in spite of certain political pressures from all sides from time to time. I look forward to contributing in whatever way I can during my remaining term. * (.,4 e litF .L  Sincerely,  skkz  9A-  Att'v 14; I Ld  ervt/ jt.  JLJ/vcb  Diamond Shamrock Corporation World Headquarters, 717 North Harwood Street. Dallas. Texas 75201 Phone: 214 922-2745  ar(m-Ltag / 4,11,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Noel E. Jackson President Pacific Atlantic Products, Ltd. 395 S. Pitcher Street Kalamazoo, Michigan 49007 Dear Noel: I remember that day very well, and would love to do it again sometime. But right now, I can't see my way clear for weeks and weeks, so I'll just try to keep it in mind if and when business takes me to Michigan again. Meanwhile, thanks so much fur writing. Sincerely,  PAV:ccm  • • Walker 1 EEPTROLLER " 41 rrl =a  CO  ••-• ▪  C=2  June 27, 1983  •••11  = rn -•,. as  Mr. Paul Volcker, Chairman Federal Reserve System Washington, D.C. 20551  I. eis co) rrt .5.4z  Dear Mr. Volcker, Congratulations on your reappointment as Chair As you will recall last July 17, 1983 my wife and I had the pleasure of enjoying your company, together with Mike Bradfield, Dr. Howard Tanner, Director of the Michigan Department of Natural Resources and Andy Pelt, Executive Director of the Michigan Steelhead and Salmon FishPrman's Association. Enclosed are a couple of snapshots of our catdh. On behalf of the State of Michigan, Dr. Tanner, Andy Pelt and myself, I would like to extend an invitation for a return engagement. My schedule is generally quite flexible, except for the weeks of July 17 and July 24. If you can find time to fit in another fishirc trip on Lake Michigan, let me know what date is convenient and I'll make the necessary arrangements. Very Truly Yours,  400;)Y  PACIFIC ATLANTIC P ODUCTS, LTD.  *NO  31)  11/0 4 '11/4\  40' dr,W.%.4  PACIFIC ATLANTIC PRODUCTS LTD. 395 S. Pitcher Street, Kalamazoo, MI 49007 Phone 616/385-2727   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  , Noel E. Jackson President  i=t 7:7 C/3   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Charles L. Jaffin  Dear Charlie: I worried about the risk too too much!  Thanks for writing. Sincerely,  •  . OF GVERWIRS  BM FEIBMISTEREVE SNSIE" CHARLES to  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  r: „In  22  Z  tffiCE  L. JAFFIN  OZ.  noi 111 UNIROIN'rl June 20, 1983  Dear Paul: I was absolutely delighted with your reappointment.  I hate to see my friends  unemployed. Cordially,  Mr. Paul A. Volcker Chairman Federal Reserve Board 20th & Constitution Avenue N.W. Washington, D.C. 20036   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. E. Pendleton James  Dear Pen: Thanks for your note about my reappointment. Coming from you, that's quite a compliment. Sincerely,  NMS:dmg-b   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  E. Pendleton James  c9•—•  ad-4  6L, 6,&4±  ILIONNIMINIONIMINN*   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  RNORS E V O G F O BOARD F THE O E SYSTEM V R E S . F R FEDERAL  8: 59 M A 2 2 1583 JUN RECEIVECDHAIRMAN THE OFFICE Cf.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 3, 1983  Ms. Nancy M. Jarman Charter Financial Croup, Inc. 3050 Post Oak Boulevard Houston, Texas 77056 Dear Nancy: You exaggerate, but it's nice anyway to have a fan or two. A rising stock market helps, so we'll keep our fingers crossed. Thanks for writing. Regards,  PAV:ccm  CHARTER FINANCIAL GROUR INC. Nancy M. Jarman 3050 POST OAK BOULEVARD NATURAL GAS PIPELINE TOWER, SUITE 1600 HOUSTON, TEXAS 77056 • (713) 621-1681 TELEX 792074 CHART FIN HOU  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  CHARTER FINANCIAL GROUP INC.  July 27, 1983  Mr. Paul A. Volcker, Chairman Board of Governors Federal Reserve System Washington, D.C. 20551 Dear Paul: Congratulations! Always love seeing your picture in the papers even if they do have you on your knees. You have a number of fans in Texas, they feel as if you have saved the ' I You are the greatest! Why don't you run for President?  4/4  3050 POST OAK BOULEVARD • NATURAL GAS PIPELINE TOWER, SUITE 1600 • HOUSTON, TEXAS 77056 • (713) 621-1681  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Removal Notice 7KHLWHPLGHQWLILHGEHORZKDVEHHQUHPRYHGLQDFFRUGDQFHZLWK)5$6(5 VSROLF\RQKDQGOLQJ VHQVLWLYHLQIRUPDWLRQLQGLJLWL]DWLRQSURMHFWVGXHWR copyright protections.  ŝƚĂƚŝŽŶ/ŶĨŽƌŵĂƚŝŽŶ Document type: photograph and caption  Pages Removed: [1]  Author(s):  Title:  [Photograph, Paul Volcker poses with Helen Hayes and Kirk Douglas for Thomas Jefferson Awards]  Date:  1983  Journal:  [Houston Chronicle]  Volume: URL:  Federal Reserve Bank of St. Louis  https://fraser.stlouisfed.org   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1q83  Mr. Stanley Jarmiolowski Chairman Interfirst Eank Box 9715 El Paso, Texas 79987 Dear Mr. Jamiolowski: Thanks so much for taking the time to write about my reappointment.  I appreciate your encouragement  and good wishes. Sincerely,  1111  1101 C)  li  •  •  •;1  1.-tREc3 + -  F ED RES BD WSH  WU INFOMASTER 1-006133C171 06/20/83 •im ICS IPMWGWF WSH ' Sill 01161 06-20 1110A EDT :I TWX 7108229235 FED RES BD WSH 1-004630M171 06/20/83 TLX INTERFIRST ELF' LILY PD 01 DLY EL PASO. TEXAS. JUNE 20.1983 PMS THE HONORABLE PAUL A. VOLCKER CHAIRMAN BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 40 WASHINGTON. D. C. 20551 91,11 CONGRATULATIONS/ I LOOK FORWARD TO CONTINUING TO SERVE YOU. film I AND THE EL PASO FED _BOARD ARE VERY PLEASED BY YOUR REAPPOINTMENT. 41/-----gTA-N-LEY JARMIOLOWSKI, CHMN.____INTERFIRU BANK EL PASO. TEO , ------,,, 0926 EST 9(-1/ 1016 EST  E E  S, a  in 0 :  II  13s.y.07/S'  7  FED RES BD WSH GE DONE 4.4   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  -••••••..   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Antoine Jeancourt-Galignani Alain Felix Jean-Francois Lepetit Jacques Francois Merie Banque Indosuez Paris 96 Boulegard Haussmann P. 0. Box 716-08 Paris 75008  Many thanks for your warm message. The champagne will only be appropriate when, economically speaking, things settle down. So you have a little time! Sincerely,  I 8  1  An"I'Pe' rt.-rip HT Us Il f 1201.1  TkIr%11  acir .r  ?Pi  CALLED-11^urr,pc  tc,  T  INDOSUEZ PARIS  Po  ce-t.&381,  -7.!roo/ 6014 ts. —0  1P-96-83.W9912713/810000 "L7 '17.1cQ9' r , AIL !:}  P7.cr-PHE WASH TRION  All : MR PAUL VOLCKER: Xrnt-  fl'IRIPMRN  OF THE FEDERAL  ealhas T Tkrrifir.111:7 t• • ••• e PIPASPn i••• ARF UE9t Ur =lo Vt.1  vrw  In REE REAPPOINTED AS FEDERAL RESERVE BOARD CHAIRMAN.  ALL  ^==Q r.TIII^rnrfT ULI!, 3i141,rtt.t.CC3ci jJLnAND r'inr.r TUC r-UOI!CHr.r,"% ("Hp "•Fif•r,inc. vuh T Nr• urcior• 0irt DURING THE TO TACKLE HC  fuu Bri-T  Tctr  Tn  Yffli  giu  NS HERF ARE SURF THRT PLEASE RF ASSURED THAT Pi L --n ABILITY AND INDFPFNDANU YOUR INTEGRITY AND WILL PERMIT YOU TO SUCCEED ONCE AGAIN IN YOUR .TAB. UNQUESTIONED  Tr I  THE CONTRIBUTION OF OUR BANQUE INDOSUFL AS MODEST Pc IT IS, COULD BE OF ANY HELP AT ANY TIME KNOW THAT YOU CAN RP? ON US. CHAMPAGNE IS IN A COOL PLACE TO CELEBRATE NEXT TIMc OR MI WITH A VISIT WHATEUR ARE THE" 11.1. YOU HONOUR PUP S, RFSPFCTFULIY AND SINCFRELY ANTOINE jEANCOURT-GALIGNANI RI RT  itt  ?2l  LL .t1:  JFAN-FRRNCOIS iFPETIT JACQUF5i FRANCOIS MFRIE I.  4n7c.--0 rcriQ HT  ul  TUnil Lvou iv ccnAaqc  1228 06/20 TRT it   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1933  Mr. Richard H. Jenrette Chairman of the Board Donaldson, Lufkin & Jenrette, Inc. 140 Broadway New York, New York 10005 Dear Dick: Thanks for your kind words regarding my reappointment. With the press of mail, I will -- for the moment -- take you up on your suggestion and not try to address the merits of margin regulation in this note. Sincerely,  • • Donaldson,Lufkin & Jenrette Donaldson, Lufkin & Jenrette, Inc. • 140 Broadway, New York, New York 10005 (212) 902-2000  Richard H.Jenrette Chairman of the Board (212) 902-2595  June 27, 1983  Hon. Paul A. Volcker Chairman Board of Governors Sf the Federal Reserve System Washington,20551 Dear Paul: Let me add my voice to the many who must be congratulating you on your reappointment as Chairman of the Federal Reserve. While immensely pleased that you will continue at the helm, I have to say that the responsibility is so awesome and the pay so little I hate to wish such a role on you! You certainly have my heartfelt thanks for what you have gone through.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Apropos our exchange of letters on margin requirements for securities, I read in my Sunday New York Times yesterday that the current bull market has added $750 bon of "new wealth". That's a lot of new money created -- since I perceive most people equate the value of their securities with money in the bank. Of course, a lot of this is held by pension funds, and the benearies don't get an immediate psychological lift. Anyhow, I hope you will keep control of your ability to "remove the Punch bowl" from the party via changing margin requirements. I am sure you are inundated with congratulatory notes so please feel no necessity to respond. Two notes from you on this subject is more than I deserve from one as busy as you. Good luck! Sincerely,  kik_ RHJ:mf  NsiAjIVH3 la -JO 331140 03AP3?Al  L S :8 WV 0£ Nfir E8SI 1431SAS 3A113S3'd 1V8303i Ii JO NOKI3A60 OV09   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1933  Mr. George A. Johannessen California Tomato Research Institute, Inc. 1757 Barcelona Street Livermore, California 94550 Dear George: It's been a long time -- and the only bonus from this thing is hearing from old fire-Has. I, of course, remember the snow and all of you -- most particularly Hugh. Thanks for writing. Sincerely,  •  • BOA,R0 Of GOVERWIRS CF TIE.  S°7C2M1. ;;IT IRE2U S3ET INE, E:11N CALIFORNIA TOMATO RESEARCH FIE RECEiVtu OFFICE OF ME CtiAIRIAAM 1757 BARCELONA STREET  GEORGE A. JOHANNESSEN DIRECTOR  LIVERMORE, CALIFORNIA 94550 (415) 447-1738  333 Hartford Road Danville, Ca. 94526 June 19, 1983  SECRETARY GEORGE A  Mr. Paul Volcker, Chairman Federal Reserve Board Federal Reserve Building JOHANNESSE4laash.ns i ton, D.C. 20551  DIRECTORS TOM C BRANER FIVE POINTS ALBERT BROCCHINI RIPON DWIGHT HARMON ARVIN LARRY HIROSHIMA CAMARILLO WILLIAM H MERWIN CLARKSBURG STANLEY A ROBERTSON TRACY DAVID SCHULZE DAVIS JOSEPH E. SMITH CROWS LANDING KEVIN TIMOTHY WOODLAND CLARENCE T. VOSTI GONZALES CHARLES T. YERXA COLUSA  .I•  ••  ERNEST EPLEY COALINGA LESTER S HERINGER CLARKSBURG JOHN WETZEL EL MACERO   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Dear Paul: For a Rutgers man to congratulate and thank a Princeton graduate for accepting reappointment as chairman of the Federal Reserve Board must tell you we join millions of other Americans equally happy with both the President's and your decision. Looking back fondly to West Englewood years ago, I remember well the close friendship and mutual respect between your father and mine, between your sisters and all our brothers and sisters, and how your Mother always gave me the job of shoveling snow. The first dear friend I saw after returning from overseas in 1945 was Louise as in Atlanta where I was briefly assigned to Lawson General Hospital. There we visited to• gether frequently and shared the happiness of friendship and the hopes of the future. How proud we are of you and each of your family. Sincerely yours, Je-1 George A. Johannessen GAJ:epg  k .  );  July 5, 1983  Mr. Philip McBride Johnson Wiley, Johnson & Rein 1776 K Street, N.W. Washington, D.C. 20006 Dear Phil:   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Thanks. Sincerely,  PHILIP McBRIDE JOHNSON (202)429-7030  WILEY,JOHNSON 8c REIN  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  1776 K STREET, N.W. WASHINGTON, D.C. 20006  • PHILIP MCBRIDE JOHNSON  • BOARD OF GOVERNORS CF THE FEDERAL RESERVE SYSTEM 1E83 JUN 22 PM 12: 44 RECEIVED CFFICE CF TUE CHAIRMAN June 21, 1983  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Constitution Avenue, N.W. Room B-2046 Washington, D. C. 20551  Dear Paul:  Best regar  p McBri e Johnson  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Robert Law Joss  Dear Bob: Thanks so much for taking the time to write about my reappointment. Your comments are much too generous, but I greatly appreciate the encouragement. Sincerely,  PAV:ccm  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  130ARD OF GOVERNORS R OF 111E FEDERtL RESERVE SYSTEM 1963 JUN 27 AM 9: 30  LAW J  RECEIVED OFFICE OF PIE CHAIRNA  June 21, 1983  Honorable Paul A. Volcker Chairman Board of Govenors of the Federal Reserve System 20th and Constitution Avenue N.W. Washington, D.C. 20551 Dear Paul: After giving so much to your country in such a distinguished way, it is truly humbling to all of us to see you stay on to complete the essential task of restoring America's economic health and respect. You are genuinely a great patriot. Good luck and best wishes. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  The Honorable P. A. Jhhnston Governor Reserve Bank of Australia Sydney (N.S.W.) 2001 Australia Dear Bob: Thank you so much for your message on my reappointment. I look forward to our continued association. Sincerely,  PAV:ccm  P  F  111111  NA  -.  i•Tri  N. • CY*, -r-i  CO kzi  L.1.1 1..I...  1--  .11.41.  ci.,-.1 c..1 1:3:: Jr—  Ix.: r.f.; Li.; 1:3:::  Lt.. i=i  7.:iir.  1--  Cr..  Li..!  Li..1  7:,..§:: 6.•=1  :.:— U.1  1.  CO .  L.L.i  L.L.i  :::--  e.r.; ....1 l'....:1  1::1  Li... ir--1  .  L.L.1 r..r:i Li..i 1:3:::  .....•• 1:3:::  L.1.1  .:.r.: pc:i  .n...  c:t  LI..  121:: f›::  (X::  L.L.1 LL.1  1.41... 1...1".1 1:::'.1  ,..c,  1:3:: 1:::1 1:3=1  CI.:: Li..i  •,:--1 CI:,i c'd  kr.,  CO 1..0  1::7.1 74:  I:"..i  CI:: It::  ':r: C:i...  : :::1  ....1  1:r.:  1111  1:"":1  ..„I  (....:‘  :::.:::  I. ...P.:: 1.1.1  ':r:  3:-""  et,  t::::.  .....:. C...1 Li-  ci...7...  L.1..i :3::  1::::.•  -•:-.• .... tr. II:: CI::  1.1.1 1.••••1  1-U.1  h•-• Cr.:: ....1  =t CI::  t:r: ....:,.. : 1::1 1:...:1  c.r.,  7.3::: e....:4  t•--a::  D  -. 1:-.....4 c..!:1 L.i..1  d--0.. e.. 1:::::1 c.0 CI::  1.1.1 C3...  1.i..1 3: CI:: LI:::  Li..1  :::.91:  1:).::  1:r  1-  a.  I..1..1  gr.:4 : ;;":r.:  c..r.:  All  f.)::: 17:1 ..;;.:::: r.3::: L.L.1  r.-..1  4:...4 .14:Te•  I."'I 4....••• .1::....  :3  ty:: 1.1.1 c.:1**1 r...1::: . i  (.!.:;:, f.... »..--1 =1 "-:.• 1.....g Li... kJ:. 1:r.: 1.1.1 L.L.! tt Li..". 1.1":I 1....,1 •.:-.1 ..e... cr . :1 C1::: %.1:1  14.4  1-•  Ix  i:n;:i :::  c.::1  I.j::  -••••• ,..1::1 1-  4  Worldwide Communications via 1  :;;•:'.:: 1:::t  cy:i :  :3::  r-**1 1--::.  .  cc:7 , ; i : :e..r:i . . 1:::1 U..1 1.1.1 r —.% ......• r..r.I Ca  r.3:::  JUL VIA suo!lemJlunwit uo i) ap em pl io m I  1-•L.L.1 1::::•4 1:::::1 1:::i ::•::: U..1 7.2::: L.1..1 : F—t:3:. ::3:. 1.1.1 r...-.3 1.1.1 t ::::•:. :::1::: ..-; CI:: i•••-I LLi..;;..i_;;..i_;....;i:7. 1---I cc:: .-t6. -  :3::  CI:: L.1.1  1=1 : :--  :. t:r :r:  1..L.1  LLI  U..1  e•-•1  e.r.:.  1=1  via TRT 'ET Worldwide Communications via TRT  A  a  •  0  OM  JA IL ey su i ol ie gJ tu ni ti tu a) 3p ly ki lF 11 .1 10 M   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 3, 1983  Mr. Otto Karner West Ost Journal Postfach 86 Robertgasse 2 A-1021 Wien Austria Dear Mr. Karner: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b  441,  My best congratulations to your well-deserved reappointment.  Chief editor Otto Karner West-East Journal  Note:  This journal has published several pieces by PAV in the S.  Translation by Klaus Friedrich  ( "NI  ."7 ob.*  C r )  Cr) •• Ok. ,  CeD La..1  4014;6. CLEM  71.X  = 14.1  La.)  >*  CO i-4-1  """-st:=,  to-1  .<4  an  LAJ   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  fr—  eZ1  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  - 1.4-$.401( ***  1  25 Al 8: 57  RECEIVED ...i. liFSAGE AREC1 *** V 1W THE CHAIRi1,1;-! ED RES BD WSH In 4IU INFOmASTER 1 -000988A206 07/25/83 nr.CS IPMWGWC WSH 04.1101 07-25 0522A EDT siwx 7108229235 FED RES BD WSH C-0466376206 07/25/83 ()CS IPMIIHA IISS • IISS F M FCH 25 0419 NL MS RESERVE SYSTEM WASHINGTON DC FCA389 VUF916 AWHO409 8070 ,1SWA HL AUWX 038 MIEN/TEL 38/30 25 1045 Si AUL A VOLCKER CHAIRMAN OF THE BOARD OF GOVERNORS OF THE EDERAL RESERVE SYSTEM ASHINGTONDC/20551 UR WIEDERHOLTEN UND WOHLVERDIENTEN PRAESIDENTENWAHL MEINE ERZLICHSTEN GLUECKWUENSCHE CHEFREDAKTEUR OTTO KARNER JUPITERVERLAG WEST-OST JOURNAL COOL WASHINGTONDC20551 WEST-OST NINN •1110420 EST 430 EST semi 18ED RES BD WSH  II  41 il  ISAGE DONE   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  4ff'  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Joseph S. Kavesh  Dear Joey: You sent me the nicest letter of all. We will try to do our best, but we are going to need the help of all the "right thinkers" like you out there! Don't forget to get back to Washington and stop in. All the best,  PAV:ccm  June 19th, 1983 Montclair / New Jersey  Dear Mr. Volcker: When I heard on the news that you were reappointed, I - was very happy. To be honest, it made my day! I have always been an admirer of you, and your reappointment made me ecstatic. With your Chairmanship still at hand, the United States of America should breath easier. I know I will.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Congratulations!!!!  Joseph S. Kavesh  11  ,  T   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. & Mrs. John T. Keane  Dear John & Jane: Thanks so much for taking the time to write me about my reappointment. Your encouragement and support are deeply appreciated. Sincerely,  CCM:dmg-b cc;  Miss Wolfe (2)  9-7  -177-1   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 22, 1983  The Honorable Paul A. Volcker Chairman, Board of Governors of the Federal Reserve System Washington, DC 20551 Dear Paul, Jane and I were very pleased to hear the good news of your reappointment while en route last Saturday from Buffalo, New York to Cheyenne, Wyoming. The President made a wise decision for our country. We are here in Cheyenne visiting Jane's mother, and I, as usual, plan some trout fishing. Congratulations and best wishes. Sincerely,  John T. Keane  111. :10 331.4J0 03A133H SC :II NV 8Z Nnr N3ISAS 3AUS'A 1Vi13031 JO KIONV3A05 JO MU   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  June 30, 1983  Mr. Silas Keehn President Federal Reserve Bank of Chicago Chicago, Illinois 60690 Dear Si: Many thanks for your note.  And it gives me the  occasion to say how much I appreciate having you aboard. We've got challenges! Sincerely,  PAV:ccm  FEDERAL RESERVE BANK OF CHICAGO SILAS KEEHN PRESIDENT   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 20, 1983  CD  Dear Paul: All's well that ends well! My heartiest congratulations on the marvelous news that President Reagan has asked that you serve another term as Chairman of the Board of Governors of the Federal Reserve System. I was in Switzerland in the summer of 1979 when your initial selection as Chairman was announced. I will never forget the feeling of great relief and outspoken enthusiasm that was expressed by all the bankers that I visited with following this announcement. Certainly the very major accomplishments which you have achieved during your first term have in every way lived up to these high expectations. As an individual and as a member of the System, I find it most reassuring and really very exciting to know that your superb talents and abilities will continue in the management of our activities for another term. Given the nature of some of the issues that face us, it will be a challenging time; however, I have every confidence that your second term will be outstandingly successful. Again, my sincere congratulations as well as best wishes for every possible success when your new term starts. Very truly yours,  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D. C. 20551   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mrs. Jean P. Kelly  Dear Mrs. Kelly: My ears are doing fine now, and I'm still listening for the sounds of noninflationary economic recovery. I'm ga&d to hear how much you're enjoying retirement. Sincerely,  •  Mrs. Jean P. Kelly  2  rf-  e   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  aeim  111   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. William H. Kennedy, Jr. President American Bankers Association 1120 Connecticut Avenue, N.W. Washington, D. C. 20036 Dear Bill: Thanks so much for taking the time to write about my reappointment. We'll have lots (6f chances to get together and I take it as soon as early August in the Ozarks. Meanwhile, I appreciate the words. Regards,  PAV:ccm  AMERICAN BANKERS ASSOCIATION  1120 Connecticut Avenue, N.W. Washington, D.C. 20036  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  PRESIDENT  William H.Kennedy, Jr. Chairman of the Board National Bank of Commerce P. 0.Box 6208 Pine Bluff, Arkansas 71611  June 20, 1983  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D.C. 20551 Dear Paul: Sincerest congratulations upon your reappointment as Chairman of the Federal Reserve Board. I know I speak for my peers when I say that we are comforted by your demonstrated experience and outstanding reputation. We are proud of you, and privileged to continue to have you at the helm during a critical period for this nation. One of my great personal privileges has been to know you and to meet with you on the important matters that we both face together. I look forward to continuing to have these opportunities to work with you. Again, sincerest congratulations upon your reappointment. Sincerely,  William H. Kennedy, Jr.  Lb  *** MELSAGE DONE *** up.  ,- ';116E  Worldwide Communi  CED RES BD  vIREC4.1,**  WSH  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  1983 JUN 20 AM 8: 1 5 WU INFOMASTER 1-000612C171 06/20/83 ICS IPMWGWH WSH RECEIVED 00160 (00121) 06-20 0254A EDT OFFICE OF THE CHAIRMAr TUX 7108229235 FED RES BD WSH 1-2289936170 06/20/83 ICS IPMIIHA IISS IISS F M WUI 19 2231 PMS WASHINGTON DC UWE2141 PWA309 MP0198 TX9318 UWNX CO RSSE 029 SINGAPORE 29/27 20 1127 MR PAUL VOLCKER FEDERAL RESERVE BOARD CONSTITUTIONAL AVENUE WASHINGTON. DELIGHTED WITH NEWS. HEARTIEST CONGRATULATIONS AND BEST W ISHES FOR CONTINUED SUCCESS AND GOOD HEALTH. K INDEST REGARDS HARRY KISSIN  emr- KissIN NNN O 123 EST 0243 EST  FED RES BD WSH MESSAGE DONE ***   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  •  /? 1   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Saul B. Klaman President National Association of Mutual Savings Banks 200 Park Avenue New York, New York 10017 Dear Saul: Just to say thanks for the message. Sincerely,  PAV:smm  • *UM  MI  mF7'35-A3E  li  AREC21 ***  • BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  BD WSH 1983 JUN 20 PM 5: 06 RECEIVED INFOMASTER 1-013553C171 06 /2 0/8:3 CS IPMWGWH WSH OFFICE OF THE CHAIRMAN 05041 06-20 0333P EDT OWX 7108229235 FED RES BD WSH 1111-034923S171 06/20/83 ....ms IPMMIZZ CSP TDMT NEW YORK NY 17 06-20 0142P MS2129735432 EST HONORABLE PAUL A VOLCKER CHAIRMAN -EDERAL BOARD OF RESERVE. DLR GOVERNORS OF THE trYSTEM MARRINER S. IMASHINGTON DC 20551 ECCLES BLDG CONSTITUTION AVE NORTHWEST CONGRATULATIONS. I COULDN'T BE MORE ;REAT PLEASED. LOOK FORWARD TO YEARS OF WORKING WITH YOU 4 SAUL B KLAMAN ii V *I'lltiv' ' 1 424 EST 11 437 EST FED RES BD WSH 111 DONE *** ED RES  ar  3 3 a  E.  I  0*  11  1  AR  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  MOR  E   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. William H. Knoell President Cyclops Corporation 650 Washington Road Pittsburgh, Pa. 15228 Dear Bill: That throttle has pretty loose hinkages to the motor, but we'll try our best. I'll need that luck, and I appreciate your generous words of support. Regards,  PAV:ccm  650 WASHINGTON ROAD,PITTSBURGH, PENNSYLVANIA 15228  June 23, 1983  OFFICE OF THE PRESIDENT  Dear Paul, As I told you last fall, I was thankful your hand was on the throttle, even though it seemed to me the train was moving too fast. If possible, I'm now even more grateful that you will continue at the controls. I don't believe you really need much reassurance, but you've earned everyone's confidence with your commonsense and good judgment approach. Don't be dissuaded. I'm convinced this may be our last chance to deal with a recovery without over-inflating. My most sincere congratulations and a little good luck in the months ahead!  Cordially,  Mr. Paul A. Volcker Chairman, Board of Governors Federal Reserve System Washington, D. C. 20551   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  W.H. KNuELL PITTSBURGH,PA.15228 650 WASHINGTON ROAD, •  33W0 01\13M LC :6 UV L Z Nnr 1-131SIS 3a3S311 1P1303.1 111 .40 SON113A00 JO MOO   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Mes. Albert Koch  Dear Janet: Barbara gave me your card about my reappointment when it arrived, and I am afraid neither of us have ever responded. I did want you to know that I appreciated the note, even though I don't want it to warp your views of our leader. Barbara gets down here rarely, but some day we have got to get together. Sinceeely,  PAV:ccm   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  k crc-pitAt .I  eica-053 0,1(  1  ,c)roiv  re_  11:c (kc,ck,,,.6)  5  1-.1,.....,f,. ccoi.t,r-, ..a I  C.-  M  (1  6,6,, ,.L.r  t  0  () ) r--  ( fo  INN"— •  I  C...  -  0  ..  •``' ...-.  0S /  ea otiot---.1  5  .r'•  cl,  1  3--,4 ?. . . .-4- lc-I_  1---.1----. ) 7 ./ csi.  4—.  / La_o,eA  r-r-t--  .==2'3 ..  't  AA  (3• 1 ) CLUI  11-. Vc:icke,/  r--  4., IN ot a  1 1 1‘.4—  raelff- re% •  .1 .A 4,,  r  , .:) 1. 4,--  — --• r  4—  .1,  tee•6  Ma (..1 L'tiC1 -k ,i,  t  1 .  l  T yr:, IV\ t'5 c 't 7 I 7< 4--  -.  E  \{A,,_.)  of t e Lincoln Memorial as seen from the top of the Washington Monument and showing the famous Reflecting Pool. The classic white marble building was designed by Henry Bacon and completed in 1922. The 36 Doric columns of the portico represent the number of states in the Union at the time of Lincoln's death.  t.4...— for 114FRASER Digitized http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  LT . C.k.1"- IC  _AI . •  2  Photo by Dino Sassi  KINA, Milan, Italy   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. Paul Kolton, Chairman Financial Accounting Standards Advisory Council High Ridge Park Stamford, Connecticut 06905 Dear Paul: te Thanks so much for taking the time to wri about my reappointment.  I appreciate your encouragement  and good wishes. Sincerely,  Financial Accounting Standards Advisory Council HIGH RIDGE PARK,STAMFORD,CONNECTICUT 06905 I 203 • 329 • 8401 •  PAUL KOLTON, Chairman  June 21,  Mr. Paul A. Volcker Chairman Federal Reserve System 20th Street and Constitution Avenue, N.W. 20551 Washington, DC Dear Paul: A good part of the country, the civilized world--and even the uncivilized world--breathed a great sigh of relief.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  We are very lucky. Congratulations:  Paul Kolton  August 24, 1983  Professor Dr. Stephan Koren President The Austrian National Bank Postfach 61, A-1011 Vienna, Austria Dear Professor Koren: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b  1   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  t.:(41q4ati-t4J" A 44,„40, A - ofAugust 2, 1983  PROF. DIR. STEPIEVIKOIRIEN PRXSIDENT °ESTER REICHISCHEN NATIONAL BANK  WIEN,  1, KARNTNER RING 9 - TEL. 5316 33---).200  24  G9Atfj,  POSTFACH 61, A-1011 WIEN  Dear Mr.Volcker,  Please accept my warmest congratulations on the occasion of your second four-year term as Chairman of the Federal Reserve Board, an extremely important and challenging position, for which I wish you every success.  Looking forward to continued good relations between our two institutions, I remain,  Yours sincerely,  c") or:  t;f:i t---  C\J CO  -eJ cm : 7.4. .-6,..)  Oi  Q= 1_,4 Li *--.., ......_... LA....f . P' r........• C.7._, - --.....  4,,,r17. ...,--  ------,-  -C.;..i _ ,.... 1....L.i C-.)  OD t i__ 13.... Li./  I  C.,..3 1.---• = UAI" t-  C= 12  .....1 ..;,.. t:  CO =  C=3 CE3  Li c=1 Li Lie  Cr) CD cr)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  1.1.1 r-....." CZ L.T..... =  Mr.Paul A.Volcker Chairman Board of Governors of the Federal Reserve System Washington,D.C.20551 USA   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12/ 1983  Mr. Alvin R. Kracht Executive Vice President E.T. Howard Company, Inc. 220 East 42 Street New York, New York 10017 Dear Chick: Thanks for your note, which brought back pleasant memories. Sincerely,  NMS:dmg-b  GO\IERKIRS if WE SISTA VEIERNL P,ESERNIE EA 12: 21 214 1314 1983 MIVED MVO Offtn tf BOA°  E.T. Howard Company,Inc. an affiliate of Hicks & Greist, Inc.  220 East42 Street New York, N.Y 10017 212-907-9388  ALVIN R. KRACHT EXECUTIVE VICE PRESIDENT 907-9393  June 21, 1983  Mr. Paul A. Volcker Chairman Federal Reserve Board Federal Reserve System 20551 Washington, DC Dear Paul: Just a note of heartfelt congratulations, and the chance to say how much I vicariously revel in your accomplishments and the wide favorable recognition leading to your reappointment. The country and the world will be the better for your helmsmanship, and you should feel very proud of all you have contributed in such an unselfish manner. Arthur Levitt says you stand "as a unique symbol of economic integrity and rectitude." To those of us in '49 who know you well, nothin's changed. It's the same ol' Paul, with the same direct approach to things (even unto the hoop!) - and that's wonderful! May your successes abound! Kindest personal regards. Sincerely,  Alvin R. Kracht ARK/vg P.S. Joe O'Connor '49 had sent me the laudatory editorial that ran in the Los Angeles Times some weeks back. And this morning - omigod! can you believe the New York Times too!   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. Kurt Kroger  Dear Mr. Kroger: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b  SI..1,1ALOKA  beiva. &La. Vc14442. 1-1-4/1-avie- Y.;.4  eflç  OX P144  3D  Faz_  •Do4_4/12  1650  PlAfr-c") einacAciE  1447e6. mrz, artheviJ Gavt) SG, rZC  AS 714.6.3 2 Li  alE.APPeswr  -et-  F t-tet. 00S9 Afrdi-c4, At4F-Pr: THA 5 (...4/105 cr  (1Z. PAW  P.r.7444-a$.  UOLV-ra.  CAA fir:AAA-144J FCADV2AL gfes62.%A. Zyw4  Yem.e..5  e_  giz_seeLuk, GAM<  CoGital  1441r Krz46ce GJ As/14-i-  ut,5,1  5),S•3 IZDAVAC .VJESNIK. — ZAGREB Agencija za marketing   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  e4  6000/10  ef%1   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 1383 JUL 1 2 PM 12: it RECEIVED OFFICE OF PIE CHAIRMAN   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Nicolas Krul Gulf and Occidental Investment Company S.A. 12, Avenue de Miremont P. 0. Box 320 CH-1211 Geneve 25 Dear Nicolas: Thanks so much for taking the time to write me about my reappointment. Your encouragement and support are deeply appreciated. Sincerely,  CAM:dmg-b cc:  Miss Wolfe (2)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  GULF AND OCCIDENTAL INVESTMENT COMPANY  NICOLAS KRUL  ieree 9/2 ct-k/e4  A e co Fia-7X-r o a h,  aCc eh la 41 CC 1 13  0/1-ela  01  vo(44 -7-7  a  04,i1  sc7 g e  ti-tv/z  oci al  "7  hi of  adn.rfri 40t4f;  ,r7 ci le  41.4....exe eV-L.4 e  ci  Ajeict.vy  4.i  /b./  yva 40.  ei 9a cagy 4e e,v ee / 0k Ca fel e Aac,  `i cLI/ GOA  4..ckholevce c2410,  IJZTr.A1  cil Cic4  a  AIX ^e  cw,,x/ery  /99044?  cx-t c4  GULF AND OCCIDENTAL INVESTMENT COMPANY S.A. 12, Avenue de Miremont P.O. Box 320 CH-1211 Geneve 25  1-11 (13A1?„3 LZ  -131143  EB61  VOISKS 3/MS311140031 .40 SON1131\t15   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. Rolf Kullberg Governor Suomen Pankki-Finlands Bank SF-00101 Helsinki 10 P. 0. Box 160 (Snellmaninaukio) Finland Dear Mr. Kullberg: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b  S  • Helsinki, June 27, 1983  THE GOVERNOR  Mr. Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D.C. 20551 U.S.A.  Dear Mr. Volcker: Thank you for your letter of June 8, 1983, in which you extended congratulations on behalf of the Board of Governors on the occasion of my appointment as Governor of the Bank of Finland. Having learned of your re-election as Chairman of the Board of Governors of the Federal Reserve System I take this opportunity to extend my congratulations to you as well. I also wish you a succesful term of office. Looking forward to continuing cooperation between our two institutions I send you my kindest regards. Yours sincerely,  n HX;  The  '734/-)K OU  6  o.  130K /6  (Sr) /117) a. la ;LI a 4 16.6   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  NVVIEIVII3 3:11 JO 331AJJ 03A13311'd SZ :I kid 9—  "inr EN!  14131S13 3A113S3i1 1V113031 341 JO SNON113A09 JO 011V09   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  U  July 12, 1983  Mr. William K. Kupferle  Dear Mr. Kupferle: Thank you for your kind words about my reappointment. Your encouragement and support would be satisfaction enough -the cigars are a delightful bonus. Sincerely,  PAV:dmg-b  • rear Mr. \folcker:  The cigars are just a thank you to express my appreciation of your skillful handling of an impossible-to anyone else-task. I know how busy you are, so please don't bother to respond, I am not after autographs!  Just enjoy!   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  * ,a4  um. K. Kupferle.  Ili JO 2310 e3h0311 ;Pi :8  L- lif E861  V/31SkS 11,1GS-3111\18031 3111 40 NONBA00titPti1U8   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1933  Mr. Robert D. Kugel  Dear Mr. Kugel: Thank you for your very kind words about my reappointment. Your encouragement and support would be satisfaction enough -the cigars are a delightful bonus. Sincerely,  PAV:dmg-b   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BOARD OF GOVERNORS CF THE SYSTEM RESERVE FEDERAL 1983 JUL 1 1  11: 26  RECEIVED OFFICE OF THE CIIAIRIVS  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Baron Lambert Groupe Bruxelles Lambert S.A. 1050 Bruxelles, Le Avenue Marnix 24 BELGIUM Dear Baron Lambert: Many thanks for your warm note. All we dan do is keep at it, trusting that we can help a little to get things together. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  GROUPE BRUXELLES LAMBERT  S.A.  SOCIETE ANONYME  LE PRESIDENT  1050 BRUXELLES. LE  June 20, 1983.  AVENUE MARNIX 24  Mr. Paul Volcker Chairman Federal Reserve Board 21st and Constitution Avenue, N.W. Washington, D.C. 20551  Dear Mr. Volcker,  The thing to do would be to congratulate you on your reappointment. This brief note will be one of a million similar ones sending you these congratulations. However, those who really should be congratulated are all of us in the free world who will continue to benefit from your immense experience . and strength of character in managing your country's monetary affairs, and thereby influencing the world's: The free world will also continue to benefit from your outstanding ability in taking the lead in keeping a grip on international banking problems. As I have often heard you say, and as we all know, you cannot solve these problems through the Federal Reserve Board alone ; others must play their part. One can only hope that from your confirmed position, "others" will heed your advice. I know that your reappointment will bring you great satisfaction, because you will be able to continue to fight for your ideals. I also know that it means great personal sacrifice. I just wanted you to know that we are all deeply grateful to you for accepting your reappointment. With kindest regards, Sincerely yours,  Baron Lambert   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  DOSPOF GO VERNORS OF THE FEDERAL RES ERVE SYNE! 1033 JUN 2 4 AM 8: 57 R OFFICE CFETCHEIVED E CHEICI   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Robert M. Landis Chairman of the Board Federal Reserve Bank of Philadelphia Philadelphia, PA 19105 Dear Bob: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  CCM:dmg-b cc:  Miss Wolfe (2)  • FEDERAL RESERVE BANK OF PHILADELPHIA PHILADELPHIA, PENNSYLVANIA 19105  OFFICE OF THE  June 21, 1983  CHAIRMAN OF THE BOARD  The Honorable Paul A. Volcker Chairman Board of Governors Federal Reserve System Washington, D.C. 20551 Dear Paul: All of us shared the sigh of relief and general exultation here and abroad in your reappointment by President Reagan to the Chairmanship. Even though the expectation of this action was so widespread that the market shrugged it off, the broad expression of confidence in your leadership of the Board and your continuing in this capacity is an augury of good things for the future. You may be assured that you continue to enjoy the enthusiastic support of the Philadelphia Board and its officers. As one fisherman to another, I'm especially delighted to join in the applause. Sincerely,  Robert M. Landis RML:dgk   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  NVAIIIVH3 3111 JO 331140 03A13338 01  1Z  EgGi  1131SAS 3A3S1V113034 31-11 JO SVON3A00 JO RIVO8   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  IIP  August 25, 1983  Dear Joe: I meant to respond to your letter much sooner to concede the record to you. I only have four under the most liberal interpretation, but they were nicely balanced politically. Now tell me -- does it do you any good out there in the real world? Regards,  Mr. Joseph Laitin  PAV:slw  vs  JOSEPH LAITIN CONSULTANT  June 23, 1983  The Hon. Paul Volcker Chairman, Federal Reserve 20th & C Streets N.W. Washington,D.C.20551 Dear Paul, I have received a number of disturbing calls this week from newspeople asking if I were aware of the real significance of the reappointment of Paul Volcker. One of them, Rich Thomas, said his statistics show that you have now broken my record in terms of the number of Presidents you have served and the length of service as a presidential/political appointee. I have examined his statistics and am prepared to challenge them, but you are in power and I am not, and therefor it would be injudicious of me to take the matter public, but if anybody should bring it up with you, I ask only that you point out that I still hold the record for people under 6' 5" in height. Cordially,  Ce) ct : -7  Li.1 I-C.0,  =  CeD  Le.3 >.  " .,_ J  0 1....... c .  U.I C./  t.,...  c=t  LL-. ii—t CC:  CIC  uc- C  C=k CO  La-I t=1 LaJ  ..zr  CO •• ....... ......  ..........  "=:  1,,,.... CSII =  Li.•   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ..„. .c.,:.  = CC ==--1..s...1 C-3 1.11../= C..)IWI  R  Lii.i cz  CO cr,  CZ>  L4...  7204 EXFAIR ROAD • BETHESDA, MARYLAND 20814 • 301 654-0234   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington DC 20551  I was delighted to hear that you will be staying on.  I  greatly look forward to working with you.  I well remember the talk we had in your office in 1979 shortly after I first came into the Treasury.  I hope that, now  that I am back in a different capacity, we can have another full discussion before too long.  Signed:  Nigel Lawson  00?   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. Hector Ledesma President Banco Popular de Puerto Rico P.O. Box 2708 G.P.O. San Juan, Puerto Rico 00936 Dear Hector: Many thanks  or the note.  we'll get back. Sincerely,  PAV:ccm  Someday  BANCO POPULAR DE PUERTO RICO  HECTOR LEDESMA  tit"Ifir  PRESIDENT  --7 /7r3  ‘1)60pie_ Au1/434; iteL cceL. rue- viezr:A  #1.4•Nk' C  Mir  itee-#.7 4llesier7  "tALaterjolimv_ AtesivE_  Jezeia“aibk -77,r7g_s  "dr4t-a 511C41 ' LLteziaeiie  Cot  ,&.)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ito*C__  PC,E•0_777t)  C •ter ‘)  WzrCIA  iz  igtEdE  kessif  metwx. 4s4„,. AWAI-20 eftit  As- -ze„ c±4$ 4 11ECipy.,. _ Ckit  c VALs,"V  4i.. 4--; ?etre 40 ---rtri  Aft)  *.1.&  ew 4c..  y  t  Jc  A5Es7 ,49a_e 0147 fJj1eloS  L-104r4L. -S7,400.40   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BOARD OF GOVERNORS 8F THE FEDER t.I RESERVE S'tSTL 1383 JUL 13 AM IQ: 50 RECEIVED OFFICE CF CHAIRMV  •caCO 10'3 16t • _,9,-sb  1111.8)t,.. ,,-... x.0 icct)40,  CO V‘14  <,,S0 VPvNyc.,1%. v 0.  -r   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. Richard L. Lesher, President Chamber of Commerce of the United States of America 1615 h Street, N.W. Washington, D.C. 20062 Dear Dick: Thanks so much for taking the time to write about my reappointment.  I appreciate your encouragement  and good wishes. Sincerely,  CHAMBER OF COMMERCE OF THE  UNITED STATES OF AMERICA  1615 H STREET, N.W  RICHARD L LESHER   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  WASHINGTON,D. C. 20062 202/463-5300  June 20, 1983  PRESIDENT  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, N. W. Washington, D. C. 20551 Dear Paul: Congratulations on your reappointment as Chairman of the Federal Reserve Board. Your commitment to a monetary policy designed to reduce inflation and interest rates has served America well and will continue to benefit all Americans in the future. Monetary discipline is not always a popular course and the business community applauds your courage and determination to end the ravages of inflation and high interest rates. Again, congratulations and best wishes. Sincerely,  Richard L. Lesher  -71 C--;)  CZ 4J  rr▪ 1 g3  co  fr-  =1 .• cz,  C:3  rn d=> —r)"1 l --1-1 ---  •< r.--D ri,  4"-'  rri —4 C',.. .? :=7=I= .•  =0  2=  -  ,  ril.<  --tt  =   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Lord Lever of Manchester  Dear Harold: Upon my return to Washington„I did get your message. on my appointment. get too hopeful.  Let me say it's always dangerous to  How's that for a central banker?  It was good to see you both. All the best,  PAV:Ccm  •  4  mESSAGE  AREC11  ***  :FED RES BD WSH U INFOMASTER 1-008025C171 06/20/83 CS IPMWGWH WSH 3411 06-20 1220P EDT WX 7108229235 FED RES BD WSH -1105620171 06/20/83 Agcs IPMIIHX IISS w IISS F M WUW 20 1108 EDERAL RESERVE WASHINGTON DC :SIMSNY959 LLF0505 PEJ0059 P49 4571WASH l' LJA I CO GBLM 021 dilONDON/LM 21/19 20 1705 &RAUL VOLCKER. CHAIRMAN OEDERAL RESERVE ILIW ASHINGTONDC(20551) ;MEI IGHTED. RELIEVED AND EVEN HOPEFUL AGAIN. WARMEST CONGRATULATIONS EVERY GOOD WISH ii-,13k)4` ewki HAROLD LEVER OL WASHINGTONDC(20551) NN IA; 1112 EST 122 EST Ell RES BD WSH • SAGE DONE 44.* +mg.  Jil  III 0-   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  r  '014kH  0  •  41.•  I 3  .   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BOARD OF GOVERNORS OF THE  FEDERAL RESERVE SYSTEM WASHINGTON, D. C. 20 SSI  PAUL A. VOLCKER CHAIRMAN  July 5, 1983  Mr. Arthur Levitt, Jr. Chairman American Stock Exchange 86 Trinity Place New York, New York 10006 Dear Arthur: Thanks for taking the time to write me about my reappointment. I really appreciate your confidence and encouragement. c l ui4 644/ 1!  Sincerely,  •  86 Trinity Place New York, New York 1000111 (212) 306-1100  •  BOARD OF GOVERNORS OF THE FEDERAL RESF.RVE SYSTEM  Arthur Levitt, Jr. Chairman  1983 JUN 24  RECEIVED OF THE CHAIRMAki  American Stock Exchange   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  9: 28  June 20, 1983  Dear Paul: I cannot tell you how delighted I was to learn of your reappointment. I don't know of any figure in public life that has evoked such an outpouring of public support. Your redesignation is a tribute to the good sense of our Nation. Best regards,  Mr. Paul Volcker Chairman Federal Reserve 20th Street and Constitution Avenue, N.W. Washington, D.C. 20551  AMEX  4  4   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 2, 1983  The Honorable Sol M. Linowitz One  Dear Sol: I'll need the lunch!  Thanks for the  note. Best regards,  PAV:ccm   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  RECEIVED OF OFFICE THE CHAIRMAN  19133 JUN 22 PM 12: 38  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  gsq  Z.LIMONIl 'IN  •  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  The Honorable Bevis Longstreth Commissioner Securities and Exchange Commission Washington, D. C. 20549 Dear Bevis: Many thanks for your warm words. I like the analogy to a family birth -- the initial joy gives way soon enough to the fact of a real live demanding child! Let's just hope the satisfaction, as in the family, ultimately triumphs! Best regards,  PAV:ccm  pkND k,  A  2  0  r1:7) ti  S4 II *  SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C.  20549  OFFICE OF THE COMMISSIONER   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 22, 1983  The Honorable Paul A. Volcker Chairman, Board of Governors Federal Reserve System 20th Street & Constitution Avenue, N.W. Suite B-2046 Washington, D.C. 20551 Dear Paul: This note will simply add my congratulations to those of the millions, here and abroad, who welcomed Sunday's I can think of no decision news of your reappointment. the President could make that would spread as much joy It's like the effect among so many throughout the world. on relatives and in-laws of announcing the birth of one's first child. Instant happiness! All best  wishes  and  more  power  to  for  you  the  next  term! rely,  tA-1 Longstreth  ) ()W tig)4444/t '  t)r4  0 444A.  \)' *" C.EI  *el rrl  T.73  r-r1 •r".   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Eugene R. Lopez Examiner International Examinations Division Federal Reserve Bank of New York New York, New York 10045 Dear Mr. Lopez: Thank you so much for the imaginative note. I'll need the support of all of you. Sincerely,  PAV:ccm  •  •  EUGENE R. LOPEZ EXAMINER  INTERNATIONAL EXAMINATIONS DIVISION BANK EXAMINATIONS DEPARTMENT  FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY STREET, NEW YORK, N.Y. 10045   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  •  New York, June 1P, 1983  'Dear Mr. Volcker: I was very pleased to learn about your reappointment and want to extend my  0  A  0  rea and best wishes.  limas allyow, y mu 4411P V 0142,  Mr. Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D.C. EL/hs   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 17, 1983  Mr. Ben Love Chairman of the Board Texas Commerce Bancshares, Inc. P.O. Box 2558 Houston, Texas 77252 Dear Ben: Once in a while that Earl Campbell comparison of yours occurs to me. I don't know how my bruises compare with his but we'll see. Thanks so much for writing. Best regards,  PAV:ccm  • TEXAS COMMERCE BANCSHARES,INC.  BEN LOVE Chairman of the Board Chief Executive Officer  P.O. Box 2558 Houston,Texas 77252  June 27, 1983  The Honorable Paul Volcker Chairman, Board of Governors Federal Reserve System Washington, D.C. 20551 Dear Paul: Some years ago when Earl Campbell was breaking records, the Federal Reserve Board turned down Texas Commerce's request to merge with a small bank in Port Neches. While I was disappointed, I recall expressing what seemed the ultimate in admiration for you at the moment by writing that you were to the banking system what Earl Campbell was to the Houston Oilers. Earl has faded a bit since then. Happily for this nation, and for a broader area of geography, 'LS1k'kSt.i. t. In this spirit, I not only congratulate you on being reappointed but also congratulate President Reagan on his judgment. Warmest regards,  BFL:sb cc:   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Ben F. Love  Charlie Beall Tom McDade Marc Shapiro Marshall Tyndall  hliVii1V111 1-11 ;k13  8Z :6  343011\111304 3111 SM1.1105 Ag  VOISKS Texas Commerce Bancshares. Inc.  S- lar   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Ernesto V. Luzzatto Kirlin, Campbell & Keating One Twenty Broadway New York, New York 10271 Dear Ernie: Thank you so much for taking the time to write me about my reappointment. It'll keep the tax bills lower, but I hope it's got some advantages for someone. I appreciate both your help and your note. Sincerely,  PAV:ccm  LI  •  •  WILLIAM A. SHEEHAN ELMER C. MADDY MARSHALL P. KEATING RICHARD H. BROWN. JR. JAMES J. HIGGINS ALEXANDER E. RUGANI RICHARD H. SOMMER DANIEL J. DOUGHERTY WILLIAM J. O'BRIEN DONALD J. DANILEK THOMAS COYNE PAUL F. MCGUIRE WILLIAM F. FALLON HENRY J. 0'BRIEN ANTHONY P. MARSHALL JOSEPH F. RYAN, JR ERNESTO V. LUZZATTO HARRY A. GOTIMER MARY L. MONTGOMERY ARMAND M. PARE, JR KATHLEEN M. DANIELS DONALD BURKE R. ALEXANDER HULTEN J. SCOT PROVAN  KIRLIN, CAMPBELL & KEATING  OF COUNSEL GORDON L BECKER  ONE TWENTY BROADWAY WASHINGTON OFFICE  NEW YORK, N. Y. 10271  1150 CONNECTICUT AVE. N.W. WASHINGTON, D. C. 20036  212 - 732 - 5520  202 -296 -4911  CABLEGRAMS "VASEFIELD NEWYORK" TELEX. ITT 422219 WUI 62344 TRT 177117 WU 12 - 8198 TELECOPIER- 212 - 732 - 5421  June 20, 1983  Mr. Paul A. Volcker Chairman Federal Reserve Board Constitution Ave. & 20th Street, N.W. Washington, D.C. 20551 Dear Mr. Volcker: Please allow me to congratulate you on your reappointment as Chariman of the Federal Reserve System. Mr. Reagan could not have made a better selection. Again, congratulations and best wishes for your new term. Ver  rul  Ernesto V  yours  atto  EVL:eo   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  1'7'1 Ls.>  rrt  7,*  .`grti Ce3  r —T1)  01  rrt 7D  C.01 C/3  -4  •.••••  7:3
Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102