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http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Congratulatory Letters M-0  Collection: Paul A. Volcker Papers Call Number: MC279  Box 8  Preferred Citation: Congratulatory Letters:"M-0", 1983; Paul A. Volcker Papers, Box 8; Public Policy Papers, Department of Rare Books and Special Collections, Princeton University Library Find it online: http://findingaids.princeton.edu/collections/MC279/c129 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 defined by the copyright law of the United States. 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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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  a  July 12, 1983  Dear Dave I'll be brief, but I did want to thank you for taking the time to write about my reapointment.  All the best to you both. qincerely,  Mr. David MacEachron President Japan Society, Inc. 233 East 47th Street New York, New York 10017  •  • Japan Society  JAPAN SOCIETY, INC. 333 EAST 47TH STREET, NEW YORK, NY 10017 (212)832-1155 TELEX: 234450 JSNY   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  r  1E3  Lew  June 21, 1983  The Honorable Paul Volcker Chairman Federal Reserve Bank Constitution Avenue and 20th Street NW Washington DC 20551 Dear Paul: It is wonderful news for the nation that you will be serving for a longer period as Chairman. I realize that you are doing this with a heavy financial sacrifice, and this increases my admiration. We are tremendously fortunate to have you in this vital spot at this time, and we all owe you a debt of gratitude which we can never fully express. Very best wishes. Sincerely,  David MacEachron President rp  IMM/1-13 3i1i J3 -J3IJJ3 031\133n ZI  ZNf1 MI  N3ins 3A113S3U 1V11303J :10 MOM JO 011V00   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Dear Mr. Mackworth-Young: appreciated your nice letter on my reappointment, and I should have said so earlier. I appreciate even more the chance to get together with you at Winfield House last spring. We're not through with the problems yet, but I do think there are some signs of progress. It is going to continue to take a lot of understanding and effort on many sides. Sincerely yours,  Mr. G. W. Mackwor -Youn Chairman Morgan Grenfell & Co. Limited 23 Great Winchester Street London, England  PAV:slw  ,  •  •  Morgan Grenfell & Co. Limited 23 Great Winchester Street London EC2P 2AX  Telephone:01-588 4545 Telex: 8953511 MG LDN G Cables: Morganfell, London  From the Chairman  21st June 1983   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Mr. Paul A. Volcker, Chairman, Federal Reserve System, 20th Street and Constitution Avenue NVV, 1Tt.j EC 20551.  1)A When a few of us dined together with Edward Streator at Winfield House on Wednesday, April 13th last, there was one subject which was uppermost in all the Englishmen's minds but which we did not dare to m ention namely the question of whether or not you would be appointed to a second term of office. I am sure I speak for all of us, and I certainly speak for myself when I say we are absolutely delighted that you have been invited to stay for a second term, and that you have accepted the invitation. Very many congratulations, and very best wishes for your continued success.  qt-n•N  4IR  G. W.Mackworth-Young.  A wholly owned subsidiary company of Morgan Grenfell Holdings Limited Registration: London 315841 Registered Office: 23 Great Winchester Street, London EC2P 2AX   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Dear Sister Colette: I apologize for not responding sooner to your nice letter about my reappointment. We will do our best -- and I do hope that Barbara and I can have the occasion to see you before too long. Sincerely,  Sister Colette Mahon, RSHM President Marymount Manhattan College 221 East Seventy-First Street New York, New York 10021  PAV:slw  MARYMOUNT MANHATTAN COLLEGE 221 EAST SEVENTY-FIRST STREET NEW YORK, NEW YORK 10021  OFFICE OF THE PRESIDENT   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 29, 1983  Mr. Paul Volcker 151 East 79th Street New York, New York 10021 Dear Chairman Volcker: I am so delighted that you have been reappointed Chairman of the Federal Reserve System. We so sorely need your wisdom and courage to continue to guide us through these troubled times. I send you my warm congratulations and express once more my relief that your superb judgment and abilities as a leader are still in service to this nation. I do hope that it will not be too long before I see you and Barbara again. Sincerely,  Colette Mahoney, RSHM President  SCM/jmr   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Dean Burton G. Malkiel Yale School of Organization and Management Box lA New Haven, Connecticut 06520 Dear Burt: Thanks so much for taking the time to write about my reappointment. Your encouragement and support are deeply appreciated. Sincerely,  A  Yale School ofOrganization and Management Box lA  New Haven Connecticut 06520  Burton G. Malkiel Dean William S. Beinecke Professor of Management Studies Professor of Economics  CA)  rn  tr,  c= -...„  •,-,.. r......  T"I ---7-.3 " —t c••  June 20, 1983  cz#  rn c:=  Fri.z : •P- .,, rcc, ....- ...1 ....:-...  Cri  ...„1  ..< Hi"‹ r•ri rtry  --4 rri  ......  Dear Paul: I am delighted that you were reappointed as Chairman of the Board of Governors. I think you have done an outstanding job and the country is very much in your debt. I wish you continued success over the next four years. Sincerely,  BGM/ljs   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  CC7 CZ  ) N.  C-3 rti =C:7  :.... -,— .._ . .....-..  Mr. Paul Volcker Office of the Chairman Federal Reserve Board 20th and Constitution N.W. Washington, D.C. 20551  •••ri  c"" -1-1 —in F.„5  ceo   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Robert H. Malott Chairman of the Board and Chief Executive Officer FMC Corporation 200 East Randolph Drive Chicago, Illinois 60601 Dear Bob: I appreciate the message and the support! Sincerely,  40 ; *ma  MESSAGE DONE fikSSAGE  .4. 4. .4:•  AREC19 ***  ED RES BD WSH  • BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  dil U INFOMASTER 1-012024C171 06/20/83 1933 JUN 20 PM 5: 05 CS IPMWGWF WSH 3341 06-20 0234P EDT RECEIVED WX 7108229235 FED RE OFFICE OF THE CHAIRMAN S BD WSH -011468A171 06/20/83 TLX FMC CORP CGO 01 CHICAGO IL 062083 MS HONORABLE PAUL A. VOLCKE R. CHAIRMAN. BO ARD OF GOVERNORS HE FEDERAL RESERVE SY STEM CONSTITUTION AVENUE. N.W. WASHINTGON. D.C. 2055 1  ti  III  UN E 20 . 19 83 M  OMETIMES GOOD SENSE DO ES PREVAIL. ImWEGARDS. AIROB MALOTT *IIMHAIRMAN XMC CORPORATION EPLY VIA 324 EST 4) 351 EST  I •  ITT 429459  ED RES BD WSH   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  FMCHOUI   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Robert H Malott • Chairman of the Board and Chief Executive Officer  •  FMC Corporation 200 East Randolph Drive Chicago Illinois 60601  June 14, 1983  Honorable Paul A. Volcker Chairman, Board of Governors The Federal Reserve System Constitution Avenue, N.W. Washington, D.C. 20551 Dear Paul: I was impressed with your June 3 speech to the graduating seniors at NYU - well said! On a slightly different subject, I gave a speech at Cornell in April that might be of interest to you (enclosed). I trust that good sense prevails at the White House! Sincerely,  Robert H. Malott  Encl. def  Removal Notice 7KHLWHPLGHQWLILHGEHORZKDVEHHQUHPRYHGLQDFFRUGDQFHZLWK)5$6(5 VSROLF\RQKDQGOLQJ VHQVLWLYHLQIRUPDWLRQLQGLJLWL]DWLRQSURMHFWVGXHWR copyright protections.  ŝƚĂƚŝŽŶ/ŶĨŽƌŵĂƚŝŽŶ Document type: pamphlet  Pages Removed:  Author(s): Robert H. Malott  Title:  World Trade on the Brink of Crisis: U.S. Export Trade Policy Conference, Cornell Graduate School of Business  Date:  April 7, 1983  Journal:  Volume: URL:  Federal Reserve Bank of St. Louis  https://fraser.stlouisfed.org   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  The Honorable Miguel Mancera Aguayo Director General Bank of Mexico Apartado Postal 98 bis Mexico 06059, D.F. Dear Miguel: Thank you so much for your message on my reappointment. I, too, look forward to our continued association and we ought to get together before too long. Sincerely,  PAV:ccm  BOARD OF GOVERNORS CF THE FEDERAL RESERVE SYSTEM  1983 JUN 22 MI 9: 10 RECEIVED OFfiCE CF THE ClIAIRION  MESSAGE WAS 177i301; XCOBMP  DELIGHTED THE FEDERAL RESERVE ronocQ9TTop BEFWEEN i I   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  As 114111RMRN OF Lim FORWARD TO CI OSP -   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. Salvador G. Mandine  Dear Mr. Mandine: Thanks for the note and memories. I well remember when my father took satisfaction from teaching at CCNY, and he would be so pleased to read your letter. Sincerely,  PAV:ccm  p /41 /F YeW, 014 Salvador G. Mandine Assistant Treasurer   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Mi  7-Ye 1110E4 6-iye- yes" TWO  ep'  •A/6-.  General Reinsurance Corporation 600 Steamboat Road Greenwich, Connecticut 06830 203 622-4292  Salvador G. Mancline  %ft  June 29, 19'33 Mr. Paul A. Volcker, Chairman, Federal Reserve System, Constitution Avenue & 20th Street, N. W., Washington, DC 20551 Dear Sir: I was very pleased indeed when President Reagan very wisely re-appointed you to another 4-year terai"Chairman of the A Federal Reserve System. We Americans have you to thank for the lowering of inflation, and your continuing as Chairman is most important to the financial stability of our country. I do not expect you to remember me , but I was introduced to you in your Teaneck, J.J. home by your father. During 1949 when I was attending the College of the City of New York, your father was my professor teaching a course entitled "State & Local Government". As City Manager, your father invited members of his class to Teaneck for the purpose of showing us the workings of the municipal administration. Your father was a gracious and charming gentleman, and he will always remain in my memory. Wishing you continued success in your job, I remain,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Most sincerely,  45,403H1 JO 331.4.40 03tt13331  90 :en WY S- 1111 E861 r43.1.S4:13 31\113S31 1a301J NI ID S11ON113A00 (MN  , 14t tVu'  0414, ,t/  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Dr. Maurice Mann Vice Chairman Warburg Paribas Becker 555 California Street San ''rancisco, California Dear Maury: For obvious reasons I'll be brief; but thanks for the note.  Our best to  you both, and let us know when you get east. Best regards,  PAV:ccm  ABURGPARIBASBECKER  •  AG.BECKER  DR. MAURICE MANN Vice Chairman   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 20, 1983  The Honorable Paul A. Volcker Chairman, Board of Governors Federal Reserve System 20th Street and Constitution Avenue, N.W. Washington, D.C. 20551 Dear Paul: This probably will be letter number 47,632, congratulating you on the news of your reappointment as Chairman. An educated guess is that most of the letters will be highly complimentary and highly flattering. Whatever, Betty and I join your many other well wishers and extend our warmest and sincerest best wishes for continued success and continued sound policy. You have done a great job and the country -- and the Administration -- are fortunate that you are willing to stay around for a while longer. I look forward to seeing you soon. personal regards.  With best  Sincerely, f\A\ ' MM:mh CLAT  555 CALIFORNIA STREET SAN FRANCISCO, CALIFORNIA 94104  TELEPHONE (415) 951-7585   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 26, 1983  Dear Mr. Mansell: Thanks so much for taking the time to write about my reappointment.  The confidence  and good wishes of the "Fed family" _~ including alumni -- is especially encouraging. Sincerely,  Mr. Thomas V. Mansell  President and Chief Executive Officer First National Bank of Western Pennsylvania New Castle, Pennsylvania  16103  •  First Sicaticoradail atonic of Western Pennsylvania  NEW  CASTLE,  PENNSYLVANIA  16103  July 5, 1983  THOMAS V. MANSELL PRESIDENT AND CHIEF EXECUTIVE OFFICER  Mr. Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D. C. 20551 Dear Mr. Volcker: I was on vacation when your appointment to succeed yourself as Chairman of the Federal Reserve Board was announced by the President. I wish to convey to you my heartiest congratulations and feel that the President has made the best choice possible. I might also add that this has been the opinion of all of the Bankers I've had the opportunity to talk with and I am sure you must have heard from many of them. With Best Wishes, I am Sincerely,  Thomas V. Mansell (Former Director Pittsburgh Branch) (Federal Reserve Bank) dap   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  fitiiii1111/113 Di .45 331,E0 03A13331  I S :9 NV  1111 CHI  MICAS 31;11-AS3d 1VEO3A 111 AO NOMA09 JO MN  June 30V 1983  Ms. Gloria Marti President F. Marti & Co., Inc. 80 Pine Street New York, N.Y. 10005 Dear Ms. Marti: Thanks so much for taking the time to write about my reappointment. The encouragement fvflm an old Teanecker is particularly appreciated. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  IM  • F. MARTI COMPANY, INc. SPECIALISTS  IN  LATIN  80 PINE STREET •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  AMERICAN  ESTABLISH ED  FINANCING  NEW YORK 10005, U. S. A.  June 22, 1983  MR. PAUL A. VOLCKER Chairman, Board of Governors of the Federal Reserve System Washington, D.C. 20551 Dear Mr. Volcker: Congratulations on your reappointment! The free world has breathed a sigh of relief. Since my letter of March 21 concerning my firm's difficulty with U.S. banks in making loans to South American importers and industrialists, I am pleased to advise that the "difficult" banks are becoming more amenable. I trust this will continue. I omitted to tell you that I sent a copy of your letter of March 11 to all our banks. I am certain that it had more than a little to do with the change in their attitude. Thank you again for your interest and support. Sincerely yours,  Gloria Marti President  P.S.  I also grew up in Teaneck, N.J. and graduated from Teaneck High School.  TELEPHONE: (212) 269-6741 • CABLE: MARTICO NEW YORK  TELEX• 421142  1914   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Wayne W. Martin Senior Vice President Denver Branch Federal Reserve Bank of Kansas City Denver, Colorado 80217 Dear Wayne: The sleep of the innocent innocent at least of fish. Glad to hear the progress, and thanks for writing. Sincerely,  DENVER BRANCH FEDERAL RESERVE BANK OF KANSAS CITY DENVER, COLORADO 80217 WAYNE W. MARTIN SENIOR VICE PRESIDENT   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 20, 1983  'T, CM  C.JD  . 65  The Honorable Paul A. Volcker Chairman, Board of Governors of the Federal Reserve System Washington, D. C. 20551  rin  C.--  ..-4 C't  PO  --rrn  NI  i.c-,rri  =CD _,..  t=  co  rrl 7)  C=0  re% —Al" r1  = -0,....1= rri -4.... rill  rr: vz,  C.0,  (0  --.c ,•--4 c.-3  71:. 4=  P...) IV  rrt 72:.!  Dear Paul: I was very pleased to say the least to hear of your reappointment and acceptance of the Chairmanship of the Board of Governors of the Federal Please add my congratulations Reserve System. to those of your many, many friends. My recovery from surgery has been very gratifying and my doctors feel that I am on the way to a full recovery. In fact, they permitted my attendance at both the Colorado Bankers Association meeting and the Wyoming Bankers Association meeting. During the time that I was at Jackson Lake Lodge, I was invited by some friends to visit Mrs. Oliver's Ranch and on the tour they pointed I out the cabin where you stayed last August. have just one question, "How did you ever get any rest on that very short bed?". Sincerely,  ri-  ;31..  ra,  7.1_;, . •  rn  =, C.12   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Elvis L. Mason Chairman of the Board InterFirst Corporation P. 0. Box 83200 Dallas, Texas 75283 Dear Elvis: Thanks for your kind thoughts about my reappointment. I look forward to sedng you again soon. Sincerely,  AV:smm  • •  •  MAILGRAM SERVICOENTER MIDDLETOWN, VA, 22645  21Am  •  Westernailai UnionlMlg IVI ram®  AL 1-013814N17? 06/21/83 TLX INFST uAL 12200 DALLAS TX  FEDERAL RESERVE SYSTEM 20TH AND CONSTITUTION NW WASHINGTON DC 20551  1ES POST41,4  SHA  aT  co?  co.) ▪  Ce3  ••••••• elb . 111•1  • • •  40 40  THE HONORABLE PAUL A. VOLCKER CHAIRMAN OF THE HOARD OF GOvERNERS  40  HEARTIEST CONGRATULATIONS I COULONOT HAVE BEEN HAPPIER OVER THE PRESIDENTS DECISION TO RE APPOINT YOU YOUR SUPERB LEADERSHIP IS MUCH  40  APPRECIATED.  ELVIS Le MASON CHAIRMAN OF THE BOARD INTERFIRST CORPORATION.  • •  4630129 IFBD UI VC  410  •  13:25 EST mGmC0frqD  • • • •  •  •  •  •  •  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  • • TO REPLY BY MAILGRAM MESSAGE, SEE REVERSE SIDE FOR WESTERN UNION'S TOLL - FREE PHONE NUMBERS   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Hal B. Master The Johns Hopkins Hospital 600 North Wolfe Street Baltimore, Maryland 21205 Dear Hal: The whole thing says I'm nutty, hut a few fans help! Hope they take care of the eyes you're in the right place. Sincerely,  PAV:ccm  ••••••••••  itztitt, (Q)). ea.1•AiLir. uut1ø.t "."*) t tf4v.4 44114i SPit  - THE JOHNS HOPKINS eSPITAL MEDICAL RECORDS  •  NOTE PAPER  (AA'se 44t.os.t.  (PLEASE DATE EACH ENTRY)  14044.141;ki•  Physician notes begin here  elOefiAA /Nonphysician notes begin here  T  JOHNS  6.6b NORTHHOPKINS HOSPITAL WOLFE STREET BALTIMORE. M0 2 1 205  TovitsA  •  ) a4Ia  44  Ni et4.#0 44% it" toe dA:th  •  tok_sr444_161.1 Ite  00 fit vd-  •  rt. OD Ce, CZ  Ls-1 CP,  • • •••••••  cdo  1:=> , OfZ  C'v CZ , C:=1  ....  c:=  •  LU  •••••jo  CC) Cr)  15-291160 8/80  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Li—  141   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. Michiya Matsukawa Senior Advisor The Nikko Securities Co., LTD. Ssin-Tokyo Building 3-1, Marunouchi 3-chrome Chiyoda-ku, Tokyo-100, Japan Dear Michiya: Thanks for the message and I look forward to seeing you soon. Sincerely,  PAV:dmg-b cc:  Miss Wolfe (2)  ""••••— .11P1."'"---  -•••••••••. -Mmi•  "NIP'  -••••••••••--  • A  .14  :.:  MO  M.-4'1H  A  t  r pr.  CHAIRMRN FEDFRAL RESERVE ncop  00H!  !  Tr•  II  HEAR Ri190/1  PPM  REAPPOINTMENT AS CHAIRMAN MY HFARTIEST CnNGRATULATInN nN  rim;,:•01Nmwm SFNIOR FOUISOR ES  If  /14(-;1\-) j22410. ••1 " :1 4i/O i H  "  Uef   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  9  3- Ii V'4/1112AA4‘,€1.-a.eA;-  ott,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. John A. Mayer Chairman Emeritus Mellon Bank N.A. Mellon Square Pittsburgh, PA 15230 Dear John: Despite your admonition I wanted to answer your letter and tell how much your confidence and good wishes are appreciated. Sincerely,  NMS:dmg-b   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  • Mellon Bank N.A. Mellon Square Pittsburgh, PA 15230  Mellon Bank  John A. Mayer Chairman Emeritus  June 20, 1983  The Honorable Paul A. Volcker Chairman of the Board of Governors of the Federal Reserve System 21st and Constitution Avenue, N.W. Washington, D. C. 20551 Dear Paul: This is not a letter to be answered. I just wanted to tell you that it was with a great sense of relief to hear the news of your reappointment as Chairman of the Federal Reserve System. I even felt so good about the administration for the first time in a long while that I sent them some money for the presidential reelection campaign! With kindest regards. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. John G. McCoy Vice Chairman Banc One Corporation 100 East Broad Street Columbus, Ohio 43271-0261 Dear John: Thanks for your kind words. The friendships and support developed with FAC members over the years are a source of great personal satisfaction. Sincerely,  NMS:dmg-b cc:  Miss Wolfe (2)  •  411 coaos bto (gSltIA  • MEV  ?g9Nt  John G. McCoy Vice Chairman  algSa MA 03 SSA OM t9.00 23cy 1\kch..  BANC ONE CORPORATION 100 East Broad Street Columbus, Ohio 43271-0261 614 463-5901  June 20, 1983  Mr. Paul A. Volcker Chairman Board of Governors Federal Reserve System 20551 Washington, D. C. Dear Chairman Volcker: It is a rare instance in this country's history to see a man stand erect for principals rather than other mercenary gains. You have all our thanks and best wishes for having accepted the appointment for another four years as Chairman of the Fed. The President in turn is to be congratulated for making such an appointment. Your rewards, I know, will have to be those you and your family receive from the heart with knowledge that history will recognize what you have done for this country and the sacrifices you all have made. Naturally, I am delighted that you would accept and The President would appoint. I believe I am correct in stating it in that order. With kindest personal regards. Respectfully Yours,  Vice  airman  JGMc:bj   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 4, 1983  Mr. Alonzo L. McDonald Chairman Avenir 44 East Long Lake Road Bloomfield Hills, Michigan 48013 Dear Al: Many thanks for the note. Just occasionally, I wonder "why?", and don't hesitate to let us know when you think we may be off the deep end! Best regards,  PAV:ccm  •  • BOARD OF GOVERNORS OF THE FEDERAL RESERVE YSIN  AVENIR  ii DEVELOPMENT BANKERS & COUNSELORS  I333 AVG -3 tH 8: 50 EECEIVED OFFICE OF TEE CHAIRMAN  July 29, 1983  Chairman Paul A. Volcker Federal Reserve Board 20th & Constitution Washington, D.C. 20551 Dear Paul: Congratulations on your reconfirmation by the Senate! That is good news for us all. Thank you very much for your fine service to our country and my very best wishes for much success during your second term. Best personal regards, Sincerely Yours,  Alonzo I/McDonald Chairmal ALM/kz  AVENIR GROUP, INC.  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  44 EAST LONG LAKE ROAD BLOOMFIELD HILLS, MICHIGAN 48013 (313) 642-0329  AVENIR, INC.  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 17, 1983  The Honorable David 0. Maxwell President Federal National Mortgage Association 3900 Wisconsin Avenue, N. W. Washington, D. C. 20016 Dear David: Many thanks for the note -- 1 appreciated it. Sincerely,  PAV:ccm  (  OVID  •  0. MAXWELL  2Y Plk%  *PAVa  C  s  reVir/441/40ZAmoek  Sr4  rAl  7f....,:e- A-r•--4 , °I 0 P-Svvi1 / 4.:(4  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 17, 1983  Professor Paul W. McCracken Graduate School of Business Administration The University of Michigan Ann Arbor, Michigan 48109 Dear Pault Your sentiment is right on the point -while I won't tell the Congress, I suspect my own sanity is in question. But many thanks for writing and for the words. Best regards,  PAV:ccm  THE UNIVERSITY OF MICHIGAN GRADUATE SCHOOL OF BUSINESS ADMINISTRATION ANN ARBOR, MICHIGAN 48109  Paul W. McCracken Edmund Ezra Day University Professor of Business Administration   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 29, 1983  The Honorable Paul Volcker Chairman Board of Governors Federal Reserve System Washington, D.C. 20551 Dear Paul: Before the next four years are over, you may well decide that Alan Greenspan won and you lost. In any case, the country is fortunate that you are willing to carry these heavy responsibilities during the critically important years immediately ahead. Best wishes in this work. Regards,  aul W. McCracken PWM:dj  1-11:410113 3111 G 33Iii0 03A133311 OZ :6  S- inr E861  3/43S311 1V1i303A 31O SUNIOMIO .40-ailf90   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Dear Dave: I don't answer my mail very quickly, but eventually do. Thanks for the note on my reappointment, and I really want you to know that they all love me! Our best to Marge as well. Best regards,  Mr. Dave McGrath  A  The pPasants are revolting!  V/ " -q— c,  -  — .0140‘c• A  ••••   http://fraser.stlouisfed.org/ . Federal Reserve Bank of St. Louis h  "....." -) 11'1,. i .e.t_ SCHILL  411  •  ,tek  But you I like!  6:5-w. J.& ""Uvt4 cs‘. FILiy& cr K. iNezAT  ')'1464.-14e5,t ( vr4)  1"--117  (2(t-7uL • olpotAlz_ Yit 6,Ksk e s •&m, R4__r•^, r  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  "D"--°-1c  r-  1   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  8  AMERICAN GREETINGS  © MCMLX XXIII AMERICAN GREETINGS CORP  10ORT-13A   http://fraser.stlouisfed.org/ AFederal Reserve Bank of St. Louis  Volunteer 1  I denCLa.h  24 JI:  po.A0 vcr_Licic  )s-- )  77tt-3t  yrkic  k Vi/* °-')   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. George W. McKinney, Jr. McIntire School of Commerce University of Virginia Monroe Hall Charlottesville, Virginia 22903 Dear George: Thanks so much for taking the time to write about my reappointment. and good wishes.  I appreciate your encouragement  My best to LUcy as well!  Sincerely,  ••1111fr  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 1983 JUN 23 A'.4 10: 3ts,  McIntire School ofCommerce University of Virginia  Virginia Bankers Association Professor of Bank Management   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  RECEIVED OFFICE OF TEE CHAIRM June 20, 1983  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, DC 20551 Dear Paul: Lucy and I join a lot of people in this country and around the world  in our pleasure at your reappo  ment as Chairman of the Board of Governors of the Federal Reserve System. Congratulations and best wishes to you! Cordially,  George W. McKinney, Jr.  Monroe Hall Charlottesville,Virginia 22903 804/924-3257   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 1983  Mr. Nathaniel M. McKitterick Consultant 1137 Woodward Building 733 Fifteenth Street, N.W. Washington, D. C. 20005 Dear rat: I appreciate the note -- and when you get that consensus, let re know.  I won't hold my breath --  but you can be imagiaative and persassivel Best regards,  PAV:ccm   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  • BOARD TF GgVERgORS tf SNSTEti FECERM. RESERVE  Ise  • NATHANIEL M. McKITTERICK  16 JUN 21 All St  CONSULTANT 1137 WOODWARD BLDG. 733 15TH ST., N.W. WASHINGTON, D.C. 20005  RECEiVEt)  ofECE Cr  tliAIRIAAti  I3HONE: (202) 737-5737  June 20, 1983  Mr. Paul Volcker Chairman, Federal Reserve System Constitution Ave. between 20th and 21st Sts. Washington, D. C. 20551 Dear Mr. Chairman: Whew! Congratulations! If I or any of my associates among the debt watchers can •i. assistance, you need only call. Our work progresses at a barely perceptible pace. We are commissioning some papers under the general heading, "International Consequences of Changes in U.S. Monetary Policy" by way of broadening our education beyond the immediate debt situation. We find little disagreement on diagnostics, but no semblance of an agreed sense of direction which should be set. Again very b ,^  t o  good luck.  Nathaniel M. McKitterick  IM   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 3, 1983  Mr. Edward M. Mead President Times Publishing Company West 12th and Sassafras Street Erie, Pennsylvania 16534 Dear Ed: We will see where the wisdom lay for the President and for me -- a few years down the road. But I appreciate the good wishes in any event, and we'll try to hold up our end, all for the sake of Princeton! Regards,  PAV:ccm  •  •  TIMES PUBLISHING COMPANY TIMES SQUARE WEST 12TH AND SASSAFRAS STREET ERIE, PENNSLYVANIA 16534 814-456-8 53 1 EDWARD M. MEAD PRESIDENT CO-PUBLISHER   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 29, 1983  flri -.Irs 74rt  Paul A. Volcker Chairman Federal Reserve Board Federal Reserve Building Constitution Avenue N.W. Washington, DC 20551  C=71  c..°) I*9 (x) Cr)  Dear Paul: I am pleased to see that the Reagan administration had the wisdom to reappoint you as Chairman of the Federal Reserve. I thoroughly enjoy your comments and the way you handle Congress when you are called upon to testify. Keep up the good work. I think you deserve a great deal more credit for the end of the recession than you are getting. Sincerely,  Edward M. Mead EMM/da  `or-\440k 41119%4  AP\ MORNING NEWS • ERIE DkILY TIMES • drimo3-NtIv0  C- drl 1'71  :X ) Ciel)  •   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. John G. Medlin, Jr. President Wahhovia Bank and Trust Co. Winston-Salem, North Carolina 27102 Dear John: I look to you as a banker that tuily deserves the name in these turbulent days, and I take to heart your comments (on banking). I'll discount those on the appointment, but I do appreciate your writing and your support. Best regards,  PAV:ccm  WACHOVIA BANK AND TRUST COMF'ANY, N. A. WINSTON -SALEM, NORTH CAROLINA 27102 JOHN G. MEDLIN,JR  June 24, 1983  PRESIDENT  The Honorable Paul Volcker Chairman, Board of Governors of the Federal Reserve System Washington, DC 20551 Dear Paul: Congratulations on your reappointment. You deserve everyone's appreciation for being willing to continue dealing with the challenges and taking the punishment which go with this position. You are a true patriot indeed, and the nation will further benefit from your unselfish and able service. Your admonition that Wachovia not get a big head as a result of those number one ratings from Salomon Brothers is well taken. I constantly remind our people that in the banking business today's heroes have a way of becoming tomorrow's bums. You can count on us always to set a high standard for our profession. I am pleased to see you finally ndation and extend capital guidelines to all s your most powerful regulatory tool, and I urge vigorous use of it in the future. In particular, it rtant also to have some yardsticks which require a f capital against the rapidly growing aggregation III.bilities and potential assets which do not sheets. I. With warmest good wishes for your continued service and success, Sin  rely,  John G. Medlin, Jr.  NVPINIVi43 3:41 JO 2311d0 03A1333N  8 1 :6 WV 12 Ntir ES131 1131SAS 3M3S11 ini3C111 311110 nONPAO JO NATE(  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. William B. Mezick  Switzerland Dear Mr. Mezick: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Switzerland July 6, 1983  Mr. Paul A. Volcker, Chairman Federal Reserve System 20551 Washington, D.C. U.S.A.  Dear Mr. Volcker:  Warmest congratulations on your richly deserved  re-  appointment as Chairman of the Federal Reserve System. Much depends on your traditional stand "above politics", which has served the nation so well.  It is sincerely to be  hoped that the American people are appreciative of your efforts.  This citizen certainly is.  All the best,  (Mr. William 8. Mezick)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Mrs. G. G.Jaaliallaggamm Senior Vice President R. H. Macy & Co., Inc. 151 West 34th Street New York, New York 10001 Dear GG: I have been remiss in responding to my correspondence recently, but I do want to respond to your nice note on my reappointment. It has been more reassuring than you know to have you as a supporter "out there" -and to know you are the last link of continuity to the Directors of the New York Bank that I knew! Someday I may even see you. Best regards,  PAV:dmg-b  • ,WY-f gi-e,  •  G. G. MICHELSON  151 WEST 34TM STREET  SENIOR VICE PRESIDENT  NEW YORK, N.Y. 10001  June 22, 1983  The Honorable Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, DC 20551 Dear Paul: Iwho d omlpIie lex I.: blems of the past four years. It is comforting to know you're there providing on-going leadership and I look forward to continuing to work with you.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Cordially,  03A133311 331110 SC :6 Id LZ nnr Essi 1131SAS 3AUSTd 1V11303.4 31-II JO SNNUA09 JO 681109   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. Jeremiah Milbank  Dear Jerry: Thanks for taking the time to write me about my reappointment. Your encouragement and support are deeply appreciated. Sincerely,  NS:ccm  • EM E ST I AH R K4,2_ N. NM I LBAN K  IT 2\ n 24 1SZ3 1114 0.1\15 ,Vt t\ARIV June 22, 1983  The Honorable Paul A. Volcker The Federal Reserve System 20th Street and Constitution Avenue 20551 Washington, D.C. Dear Paul, I remember I wrote you on the occasion of your original appointment as chairman by President Carter, and expressed my pleasure to see such a fine appointment coming from the Carter administration. I am equally pleased to see your preeminence recognized by a far superior administration, and congratulate you once again, this time on the outstanding results of your leadership. Best good fortune and satisfaction in your continued efforts on behalf of the USA.  Sincerely,  JM:c   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 26, 1.983  Mr. W. Daniel Miles  Dear Mr. Miles: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Regretably, it has been a long time since I had direct experience with college students and so I don't feel I can give you much advice that would be very novel. Sincerely,  P.S.  The %hotograph you requested is enclosed.  NMS:slw  •  1 June 21, 1983  Mr. Paul Volcker, Chairman United States Federal Reserve System Washington,D.C. 20551  Dear Mr. Chairman, Please accept my congratulations on your appointment by the President to be Chairman of the Federal Reserve System. Your knowledge and experience with monetary policy and economics will be most valuable in carrying out the important responsibilities of the recovery. I feel that our economy has made tremendous progress toward stablization and a great deal of that progress is due to you and your policies. Your monetary discp line has helped quell inflation here in the U.S. and it is now up to the federal government to torfill their duty. We still -face huge deficits, rising money-supply and price instability, but we now have the opportunity To achieve growth and stability. It is with great confidence and pleasure that I recognize your appointment and wish you the greatest of success. I would also like to take this opportunity to thank you for the wonderful photograph I received in the mail. I am obviously not your only admirer, I have had several request to obtain one such photo. If you could be so kind as to address another photo to a Mr. Joe Adrey, I would greatly appreciate this small favor. I would also like to hear your advice on how a college student, like myself, can become more involved toward reaching the goal that you have already conquered. Again, congratulations on your appointment and I send you my very best wishes for another successful term--I know it will be.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Sincerely yours,  W. Daniel Miles III  111 JO 3aJJO G3A1331:1 Siv Smr£861 113ISAS 3A113S3d itij303.4 3111 JO SaN143A00 JO OWOU   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Ms. Christine Mital L'Expansion Groupe Expansion 67, Avenue De Wagram 7511117 PARIS Dear Ms. Mital: I appreciate your note. The crocuses for the moment have given way to roses, but I am well aware the season can be short! Sincerely,  4.  Ex ansiofi  PREMIER JOURNAL  ECONOMIQUE FRANCAIS  REDACTION   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Mr. Paul VOLCKER Federal Reserve Board Chairman Constitution Avenue and 20-21 Street M.W. WASHINGTON DC. 10551  June, the 28 th  Dear Sir,  I wish to congratulate you for your reappointement. I apologize for writing you so late but I was travelling abroad for my work. I hope that I shall have the opportunity to meet you again within these next four years. Above all I hope that during this new assignment you will have the chance to get the results of your policy supported by the efforts of the american people. Let us hope that, as you told me last january, "the crocuses will continue to bloom".  Best regards Christine Mital  GROUPE EXPANSION 67, AVENUE DE WAGRAM - 75017 PARIS - TEL.763.12.11 - TELEX 650 242 F EXPANSN S.A.au capital de 3.831.000 F- R.C.Paris 68 B 978- Si rene 304 746 969 00019   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Brian Moeller  Dear Mr. Moeller: Thanks so much for taking the time to write about my reappointment.  I appreciate your encouragement and good  wishes. Sincerely,  PAV:nlf  •  rn/f- 3  6,1.)164&4,1A,&..),  Neere,t44-144-,  -‘A4)1,t,(Yezt,t, „77 •4v,ei-te c-ted5f-740e  arsi  4  i-el4e,c4'  14:1_617mt_.  Itit-62,7,,/,  ,r 47 )  •••  761-eLfa,  do-7-4/  '11-7-dx-de ?) *Me E-e4:91e-70i Aet zez, 4-6-i147  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  77 -14c..44  1,a/ rth 1  eC94-ee-c.ot42‘.( 7/:0A  -0 _.‘40.a>(4 .a-ee?Izniy  -44-4-4.41--$11  /4-126 6.4rar:-/ „„4/1-4=7 GzAa4)  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTE!! IS133 JUN 27 PM 1: 3 I   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  p  RECEIVED OFFICE OF THE CHAIR/ PI  r.„  4-1-cp-t/,-9  a/4  4t9  777,6,e2 ‘ -,p9X,1  412.; k  ev7k-7;,YE  PiP  2Z4  'V   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 12, 19113  Mr. Jose Luis Mora Ceneral manager Banco Exterior De Espana Calle Alcale 50 Madrid 14 Spain Dear Mr. rora: Thanks so much for taking the time to write about my reappointment.  I appreciate your encouragement  and good wishes. Sincerely,  SI  WIMP  IEED RES BD WSH  •  648330B RCAW UR CZC YWB8155 6603658 4564 422043 RUN CO ESMD 029 ADRID TLX 29/27 21 1130 AUL A VOLCKER HAIRMAN FEDERAL RESERVE BOARD . EDERAL RESERVE SYSTEM ASHINGTON.D.C. ONGRATULATIONS FOR YOUR REAPPOINTMENT STOP BEST WISHES am jriSE LUIS MORA in GENERAL MANAGER BANCO EXTERIOR DE ESPANA 41  IS  4 i  ltED RES BD WSH FED RES BD WSH  I e.),u2.2.,  VhaidA&L /g  LLL MESSAGE DONE *4*   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ae,,,„  50  3 3 P..   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Frank E. Morris, President Federal Reserve Bank of Boston Boston, Massachusetts 02106 Dear Frank: And probably "nuts"! Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1933  Mr. James P. Murphy Executive Vice President New York State Bankers Association 485 Lexington Avenue New York, New York 10017 Dear Mr. Murphy: Thank you for your letter of congratulations on the occasion of my reappointment. The opportunity to get to know and work with members of the banking community is one of the great satisfactions of this job, and the donfidence of the hometown twain is obviously very gratifying. Sincerely,  ,oRK  nysba   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  new york state bankers association James P. Murphy, Executive Vice President(212) 949-1170  485 LEXINGTON AVENUE NEW YORK, N.Y. 10017 (212) 949-1155  June 28, 1983  --n rn 7 1-2 ':/..  cm ---n -T1 Z.-5 rn  CC) co toe> t.—  7.1:: r-79 r„.11 .7z  c CI  71 / ;.: -1 rii:i:  =C 71:30 CZ)  Irv" ..:,..1.,..  1°11  ryl 20  ..X Ix'  (??  --404 : r f:: . -—I  TVc..,  = cM ,-Iv. -71 "'  i--  c-4 rri  201  Honorable Paul A. Volcker Chairman Board of Governors Federal Reserve System Washington, D. C. 20551  rn  0,  Dear Paul: I would like to add the New York State Bankers Association to the score of organizations and individuals that have written to express their delight over your reappointment as Chairman of the Federal Reserve Board. We think President Reagan's decision, and the responses to it, are not only reflections of the outstanding job you have done, they augur extremely well for our economic future. You have the Association's best wishes for continued success, as well as the assurance that we will welcome any opportunity to be of assistance as you face the challenges of today's financial services environment. We know that decisions regarding the powers and geographic scope of the sectors of the financial services industry will be taking a considerable portion of your time, and we look forward to being part of the dialogue. We also look forward to having you speak at future meetings of the Association, as you have done in the past. In the meantime, congratulations on your richly deserved honor. Sincerely,  JPM:mae  ...,..  . 7 ._ .71, t=   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 25, 1983  Mr. & Mrs. Cameron D. 22 , 161a....,  Dear Cam and Pat: I was so overwhelmed by the influence that you have in the White House that I couldn't respond to your note until I regained my equilibrium. I should have had the inside pipeline earlier, and I may call upon you later. Thanks for letting me know, and my best to you both. Sincerely,  PAV:dmg-b  THE WHITE HOUSE WAS H IN GTO N  June 22, 1983  Dear Mr. Neulen: On behalf of the President, thank you for your recent communication regarding the reappointment of Paul Volcker as Chairman of the Federal Reserve Board. As you know by now, the President announced on Saturday, June 18, 1983 his intention to reappoint Mr. Volcker for a second four-year term as Chairman. We appreciate your taking the time to write and provide us with your comments on this important position. Sincerely, /  if  Christopher Hicks Associate Director Presidential Personnel  65  4L  00 1 . 0 ,  Mr. Cameron D. Neulen  "to  A.4:614-7441-to!  apAo. •  Aotre.04 4 , Axmo.g..  AlAritst"   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  , 94  •  IP IZ11/4  :-tt ;t/--4" '614"f 4 t .  r4  / A64.0*  ;elk  1071 :  cAlccfoltea w-gois...  pat  Cameron D Neulen   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  /14"6.ede-x-7q sr' i.))/ 11/4)Y toct.21  I   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .,r • •  •  I   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  The Honorable Philip Ndegwa Governor Central Bank of Kenya P.O. Box 60000 Nairobi Dear Governor Ndegwa: Many thanks for your warm note on my reappointment. I realize the problems are complex and difficult, but I look forward to working with our colleagues around the world. Sincerely,  PAV:ccm  p.  •  4  CENTRAL BANK OF KENYA P.O. BOX 60000  GOVERNOR  TEL: 26431 TELEX:  22324 NAIROBI  CENTRAL BANK OF KENYA Banki Kuu ya Kenya P.O. Box 60000, NAIROBI.  Ref: GOV/FOR.DEPT  23rd June, 1983  Mr. Paul A. Volcker, Chairman, Board of Governors of the Federal Reserve System, Washington, D.C. 20551, U.S.A.  adi-ars  Dear  We were very happy to hear of your re -appointment, by the President of the United States, as Chairman of the Reserve Board for another term of office. At this time when the world is looking for stability and prosperity, and the necessary developments in the international monetary system to support achievement of those objectives, there is no person better qualified than yourself for the key job you hold. You have our best wishes as you carry out that important responsibility. The relations between our two institutions have been satisfactory and it is my intention to strengthen them further in the years to come. With warm regards. Yours sincerely,  17/(r  frt-  Pill ov.'?  vutit-   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  coPik  PHILIP NDEGWA GOVERNOR  HViit14143 la :15 331E3 03/11333A LC :6 111 9- lfIr V361 3ht3ST8 1V113031 -411 i5 UCM131\10 :10 011VOCI   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Harry Newlon P. 0. Box 1983 Bozeman, Montana 59715 Dear Harry: I just did it on the excuse Corrigan can get me to Montana again to use the fly. Someday, and meanwhile thanks for writing. Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  e   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  •  • uNgw3.41,13.8.-rN Add 4  7, 7 /flfq  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Guy E. Noyes  Dear Jack: I'd like to hope the news about me was only the icing on the cake. Thanks for your lovely note. Sincerely,  PAV:nlf   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  •  Guy E. Noyes  June 19th  Dear Paul: Most days down here are pretty uneventful, but yesterday was a magnificant exception. Vith mv morning coffee I watched NASA launch its first lady astronaut into space. Later in the morning I went out and pirked 15 pounds of beautiful big vine-ripened tomatoes for whirh I paid only 100 a lb. Then for lunch we had rold poached salmon with curumbers and a glass of white wine-which we rertainly I.  do everyday.  Finally,  when I got up from mv postprnndiP1 nap nnd was putting on mv trunks to go over and take a swim in the Gulf, I turned on the cableon and watched the President announre yIur re-appointment. lhat a wonderful day!  Sincerely,   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 18, 1983  Mr. William E. Nuesse, M.D. Professional Association Penobscot Bay Physician's Building Glen Cove Rockland, Maine 04841 Dear Dr. Nuesse: Thanks so much for taking the time to write about my reappointment. I appreciate your encouragement and good wishes. Sincerely,  PAV:dmg-b  FROM THE DESK OF   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  1/411,IAM E. NUESSE. M.D.. PROFESSIONAL ASOATION PENOBSCOT BAY PHYSICIAN'S BUILDING GLEN COVE. ROCKLAND, MAINE 04841 TELEPHONE 207 - 594-5648  -  y   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BOARD OF GOVERNORS OF ill FEDERAL RESERVE SYSTEM 1983 JUL -6 PM 1: 27 RECEIVED OFFICE OF THE CHAIRMAN   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Er  June 30, 1983  Ms. Lianne Oberg-Theuret Coordinator of Development Research Bryant College Smithfield, Rhode Island 02917 Dear Lianne: Many thanks for the "Bryant College tie" and for looking after me so well during my visit. Sincerely,  CCM  I.  •  BRYANT COLLEGE SMITHFIELD•RHODE ISLAND 02917 (401) 231-1200  Office of Development  June 7,  Mr. Paul A. Volcker Chairman of the Board of the Federal Reserve System 20th and Constitution Ave., NW Washington, DC 20551 Dear Paul, It was a pleasure meeting you at Bryant College's Commencement on May 21, and an honor to serve as your "guardian angel." Please accept the enclosed necktie, first as a token of my own admiration for you, and second, as a memento of your new association with Bryant College. The tie probably is not long enough for you, but it will look great with a vest! I am confident that you will be reappointed as Chairman of the Federal Reserve Board -- there is no one better qualified or more committed to conquering inflation than you. Best wishes for the future. Sincerely,  Lianne Oberg-Theuret Coordinator of Development Research  LOT/s   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 3, 1983  Mr. Shijuro Ogata Executive Director The Bank of Japan CPO Box 203 Tokyo, 100-91, Japan Dear Shijuro: Do we, by now, have too much confidence in the dollar? Thanks for writing, and I share your wishes, including those about interest rates. My hest to Sadako. Sincerely,  PAV:ccm  THE BANK OF JAPAN TOKYO  CPO BOX 203 TOKYO, 100-91 TEL. 279-1111  SHIJURO OG ATA EXECUTIVE DIRECTOR   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 22, 1983  CID -71  rs, e-a — •••ri F:,-;  co co  rn 4=4 rn  = 1.--•  r-  ro  co 4=  ro.  77-1 C= rt1 '-'ri  rri c-a = ›.•  Dear Paul,  ..)  ""0  mi  =I:  GO  .0--  —1 Sadako and I are delighted to learn the; rn Senate Banking Committee's approval of your reappdntmt.  C.P3  -.:0  N.)  As I mentioned in Basle, I wrote you four years ago "your appointment is the best conceivable step to restore the international confidence in the U.S. dollar". Since you have done so well, we wish you this time every success in attaining a non-inflationary sustainable growth in the United States, hopefully with the eventual softening of interest rates. Sincerely,  Mr. Paul A. Volcker Chairman Board of Governors of the Federal Reserve System Washington, D. C. 20551 U. S. A.  c=)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. William T. O'Hara President Bryant College Smithfield, R.I. 02917 Dear Bill: Thanks so mouh for taking the time to write about my aeappointment. Your encouragement and support are deeply appreciated. Sincerely,  • 0  BRYANT COLLEGE SMITHFIELD • RHODE ISLAND 02917  (401) 231-1200  Office of the President  June 21, 1983  Paut A. Votckut Chai/Lman Boa/Ld 0.6 GoveAnoAz o6 the Fedutat RezeAve BoaiLd Wa/shington, VC 20551 MA.  DeaiL  MA.  ChaiAman:  I waz detighted to teaAn o6 PAe/sident Reagan'z decizion to Aeappoint you to an additionat telm az ChaiAman o6 the Fedutat RezeAve BoaAd. A2s you took 6o/twa/Ld to the next 6ouA yeaAz, 1 zend congAatutation/s and be/st wizhez OA continuing zuccezz in youA impoAtant woAk. Woth waAm AegaAdz. CoA.diatty, •  Wittiam T. O'HaAa P/Le/sident OFIgt   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 SYSTEN 1983 JUN 24 PM 12: 56 RECEIVED OFFICE OF RIE CHAIM   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1983  Mr. John A. O'Leary, Jr. State Dank Commissioner Topeka, Kansas Dear John:  It sounds to me as if I have to blame it all on you. I'm probably a little "nuts," but I do appreciate your confidence and good will. My best to Ruth. Sincerely,  PAV:ccm  •  • •  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR.  June 16, 1983  RANI:COMMISSIONER  cn) —n A c=1  CO Lae  rn C, rrl  CP 3,"  3:31'  C:5 c=> -  N)  The Honorable Paul Volcker, Chairman Federal Reserve Board Old Executive Office Building Washington, D.C. 20050  r" T-11  rn  G-5 c=0  G-2 rri  rn  olgt -  rn  23 ..•••  s-a c.e)  2 3 'GM  41-•  Dear Chairman Volcker: While I am sure you don't need any help, I have taken the liberty of writing some friends of mine in Congress on your behalf. Certainly, I hope you will be reappointed and even more that you will take the reappointment. I know it is a thankless job. Crop conditions never looked better in Kansas. If the market would just cooperate with Mother Nature I think all our banks would be "out of the woods". S cre1y,  (A  pn A. O'Leary, Jr. tate Bank Commissioner  JAO:jas cc:   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Encs:  File (1)  -.4 rn  vo  416  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOI1N A. O'LEARY, Pi.  June 16, 1983  [IUJJ3IIL'IIU?1l  The Honorable Al Swift United States Congressman Longworth House Office Building Washington, D.C. 20024 Dear Congressman Al: Speaking not only as a banker but also as an interested citizen of our great country, I sincerely hope that you will agree with me that Paul Volcker should be reappointed as Chairman of the Federal Reserve Board. and I think in the opinion of most re and abroad, Mr. Volcker stands " above most others when it comes to s you well know, he is his own man t but you can always be sure he has f our country in his heart. .  III   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Thanks for your consideration. Sincerely,  John A. O'Leary, Jr. State Bank Commissioner JAO:jas cc:  File (1)  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR. 0  k  M   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 16, 1983  ssl()141.:  Representative James Wright Majority Leader U. S. House of Representatives 212 West U.S. Capitol Washington, D.C. 20024 Dear Representative Jim: Speaking not only as a banker but also as an interested citizen of our great country, I sincerely hope that you will agree with me that Paul Volcker should be reappointed as Chairman of the Federal Reserve Board. In my opinion, and I think in the opinion of most business people, both here and abroad, Mr. Volcker stands "head and shoulders" above most others when it comes to monetary policy. As you well know, he is his own man and can take the heat but you can always be sure he has the best interest of our country in his heart. Thanks for your consideration. Sincerely,  John A. O'Leary, Jr. State Bank Commissioner JAas cc:  File (1)  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 16, 1983  The Honorable Pat Roberts 1519 Longworth Office Building Washington, D.C. 20515 Dear Representative Pat: Speaking not only as a banker but also as an interested citizen of our great country, I sincerely hope that you will agree with me that Paul Volcker should be reappointed as Chairman of the Federal Reserve Board. In my opinion, and I think in the opinion of most business people, both here and abroad, Mr. Volcker stands "head and shoulders" above most others when it comes to monetary policy. As you well know, he is his own man and can take the heat but you can always be sure he has the best interest of our country in his heart. Thanks for your consideration. Sincerely,  John A. O'Leary, Jr. State Bank Commissioner JAO:jas cc:  File (1)  Alb  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR. Ni  June 16, 1983  11 M M1SSiO   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  The Honorable Dan Glickman 1507 Longworth House Office Building Washington, D.C. 20515 Dear Represenative Dan: Speaking not only as a banker but also as an interested citizen of our great country, I sincerely hope that you will agree with me that Paul Volcker should be reappointed as Chairman of the Federal Reserve Board. In my opinion, and I think in the opinion of most business people, both here and abroad, Mr. Volcker stands "head and shoulders" above most others when it comes to monetary policy. As you well know, he is his own man and can take the heat but you can always be sure he has the best interest of our country in his heart. Thanks for your consideration. Sincerely,  John A. O'Leary, Jr. State Bank Commissioner  cc:  File (1)  a•-•  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR. 8ANECOMMISSIONE11   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 16, 1983  The Honorable Senator Robert Dole Hart Senate Office Building Washington, D.C. 20510 Dear Senator Bob: Speaking not only as a banker but also as an interested citizen of our great country, I sincerely hope that you will agree with me that Paul Volcker should be reappointed as Chairman of the Federal Reserve Board. In my opinion, and I think in the opinion of most business people, both here and abroad, Mr. Volcker stands "head and shoulders" above most others when it comes to monetary policy. As you well know, he is his own man and can take the heat but you can always be sure he has the best interest of our country in his heart. Thanks for your consideration. Sincerely,  John A. O'Leary, Jr. State Bank Commissioner JAO:jas cc:  File (1)  •  THE STATE  OF KANSAS  BANKING DEPARTMENT  TOPEKA JOHN A. O'LEARY, JR. HANK COMMISSIONER  June 28, 1983  The Honorable Paul Volcker, Chairman Federal Reserve Board Old Executive Office Building Washington, D.C. 20050 Dear Chairman Volcker: I didn't realize how quick those letters I wrote would take effect. At any rate congratulations on your new appointment. We Americans are fortunate that you will bear this tremendous burden. Thought you might be interested in copies of letters I received from Senator Dole and Congressman Glickman. ncerely,  Jolin A. O'Leary, Jr. 5tate Bank Commissioner JAO:jas Encs: File (1)   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  NEiNiV113 111 JO n..4.40 CgA133311 8Z :1 IQ 9-  inr E1361  113ISAS 1183211 1V113011 3141 JO SCIONUAGO JO GM  2435 RAYBURN Butt_omo WASHING ram, D.C. 20513  130 4,113LJC104,01 FOURTH DISTRICT—KANSAS  (202)225-6216  COM mirryss U.S. Couirr House Box 403—Roop.4 224  AGRICULTURE JUDICIARY SCIENCE AND TECHNOLOGY  WICHITA, KANSAS  87201  (316) 262-8396 CHAIRMAN] SUBCOMMITTEE ON TRANSPORTATION. AVIATION ANO MATERIALS  CONGRESS OF THE UNITED STATES HOUSE OF REPRESENTATIVES WASHINGTON, D.C. 20515  MYRNE ROE ADMINITTRATIVE ASSISTANT  9011  SCOTT FLEMING LEGISLATIVY STA.FT DIRECTOR   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  BuiuDING MAIN P4, KANSAS 67501  H  June 23, 1983  John A. O'Leary, Jr.  State Bank Commissioner Banking Department Topeka, Kansas Dear John: Thanks for your recent letter. I'm sure you are pleased, as aM I, with the President's reappointment of Paul Volcker as Chairman of the Federal Reserve Board. Volcker has good bi-partisan support. Though the appointment does not come before the House, I was glad to know your feelings. Again, thanks for your letter and give my best to Ruth.  DG:sfs  NVHEN1133o1JODUJO 03A133311 :1  9-  inr E061  Val.SAS 31q13S-JU in1303.1 31-11 SNON113A00 JO DIVOg mis STATIONERY PRINTED ON PAPER MADE WITH RECYCLED FIBERS   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  • BOB DOLE UNITED STATES SEN  June 24, 1983  Dear John: Thanks for your letter.  I wholeheartedly  agree -- Paul Volcker stands "head and shoulders" above most others when it comes to monetary policy. You are good to keep in touch. Elizabeth joins in sending you and Ruth our best personal regards. Since ely yours,  BOB DtJE United States Senate  Mr. John A. O'Leary, Jr. State Bank Commissioner The State of Kansas Banking Department Topeka, Kansas   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  August 4, 1983  Mr. Mitsuo Onogi  Japan Dear Mr. Onogi: Mr. Metkoto Otsumi recently presented me with a lovely vase that he said you designed and made. I just want to say I appreciate and admire your work. Sincerely,  PAV:ccm  •  S -4MBASSY OF JAPAN 2520 MASSACHUSETTS AVENUE, N.W. WASHINGTON, D.C. 20008   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  (202) 234-2266  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM  1383 JUL 30 Al 12: 00 RECEIVED OFFICE OF TIE CHAIRMV July 27, 1983  The Honorable Mr. Paul Volker Chairman, _: , ederal Reserve Board 20th & Constitution Ave., N.W. Washington, D.C. 20551 Mr. Chairman, I would like to renew my sincere gratitude for taking the time from your busy schedule to meet with me this afternoon. At that occasion, you asked me about the origin of the Japanese vase. It was made by Mr. Mitsuo Onogi. His address is 3-15 Kokonoecho, Gifu-shi, Gifu-ken, Japan. I sincerely hope that we can maintain close relations in the future. Sincerely,  Makoto Utsumi Minister   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  July 5, 1983  Mr. Stewart Orton  Dear Mr. Orton: Thanks for taking the time to write me on the occasion of my reappointment. The confidence and encouragement of the "Fed Family"— and the alumii--is especially gratifying. Sincerely,  STEWART ORTON  June 21, 1983  BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTal 1983 JUN 27 AM 10: 5S RECEIVED OFFICE OF ME CHAIVA 1.(1  Mr. Paul Volcker Chairman Federal Reserve System Washington, DC 20551 Dear Mr. Volcker: I was just delighted to learn that President Reagan had decided to reappoint you to the Chairmanship of the Federal Reserve Board. I am equally delighted that you accepted the reappointment. Having served on the Board of the Dallas Fed between 1974 and 1979, and thus having served under three different Chairman, I am more aware than most people of the qualities of courage, steadfastness, and intelligence you bring to the job. The very best of luck, and heartiest congratulations!   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ally,  Stewart Orton
Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102