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xaoftts of Urn A lffer«it fagots^
mats
Uko to h m * %h* c m *
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to 3 l / i ^ t
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©sytoi mm «Mk 1t&# j*£r*a»«Mi tta i $mm %&tm pl«di ia
W ife*.
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l* t o 9to SMPf | W wttflmi *
to 1w* tm
i t i s £#•& •& * to m
H ni$ IK « $ » * to '*0 a w t o ! ©? « U . a #
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9M »«
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m wm*iw&mh I foal
m mm %hm
m to tm tmm ** ^*#^1 to ^
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if m
$300,900,<K>0 #t ftao^toaMu J» fur at «nr iwtot &>»
tfc§ « « lr ^MrtoKl m u u
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pmm^rn to mtmma* Wmmlm it
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4 t&mwmt bmi§ m mid* to p ig ii«ilit> »i 4 oIwmp
m i.ll m hmm
tm htslimlsm m mm m% ffibm to tovt
to M d q r i If l» tokl^. fa n
to nKimtoim 4 v^to
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ixmmmi Hi® m l* to 4 ^ la i dbmm mmm% mm mtt%& m% mm to
Cm
1$ n iill ^mtoor I f i** hini
wmmm
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d e c l a s s if ie d
Authority E . 6 . U35 k
bum rate to an erfclfieinl lavol la oiMar to m id toa naaaaaltr « f fotdag « V
UlltlWIWl Tllll
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Oownor steonm «e«U jw i to il a* tbrt area wold to I f jw»
la toat
T«*feT
Mr. HlUori X would advance too iwyinc » t a for acoojtaneoc to a point
tost wnU kMp MMptoMM fMB wataf lift* tM Mrnrto torte. X wtoU aiM H*
It w U l It MB aawBBrtwtaa, V untoa* eppiteatloaa f«r rediaoouato, ttat to*
nutart vw twatfM * ft * m m m rnM m wm « * w m & w m m m w m * * * *
to* ntoto* t o t a fa it tola iapOntaoO to etroncJy toat toay
aotoaUjr <***
la and rodlsaauafc.
(M s iw stroaei toay am tononatrattae **»* deswadaaia * » '* * * IN r ***
• aaUlac ***!• H to toafa- anfemaaaat at a mts a f i | par aaat.
me. nillort
■ a t o l l It l i M
■
toa eoortamoa rato, tor nraoUoai w o e w , la a rodlaooont
f i f l X t o — to
H» toa altoatiaa tai m m tn w m * t o t * la
subject to dlffewani ooBaWmtlon * It « r to aa «M 0*tae to tosw a way taw
pomto im a m * of toateaaa, najrto a w r « < * * » aaa - X *Mife It la set float*aXOa to paodtoato our pollagr «
a lt o r oxtvam flaw tot It la <w*y OaalmWa to
faol gat tha oalaot* and I Jfogwd. too aoo«s>taBoa swartoaaoa end ealoa aa a matted
a f flMHat Via am p*
to tout aa toa luaar ia ayrtaa iila»itlna a toftot »ato toat
attoaato a*ototonaaa, It mAm toa aaaaptaaaa aata. M i to * toa aafta w ttt top*
to to atoaawod to Itoaa toa aflaeoaptton a f aao^toaww V toe naffeat, I to not
kaaai a f t a * mm M l aft tola Haft.
X Aa MMc I I wmSA Ini a
aodomtaly oonaerraMvo, Juat to ttoa admetaga a f toa e«aa«al todanwtaK * »
JoBB&*y to ad«n la Hr adwaalnK oar wto on aoooptanooa.
I tobfc *a o*dd tail
t r H*a ■iMMHUa a f O a aaato toatoaa a> aat aa aw <rt— i t to— a attoall w toal
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . 1235k
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wsttU wmmM m atom * to to* a w m t M l tor
f:,r
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I f n mat late feStamoy toto to lf <»Rditi«w, J thlrtc tSte
proper jteller ton **<#»* to te saw* to* aoeeptaaa* rsto M B **** tot I f *»t.
ffcal w lacmA tote pratty haoty pm wm In ’’otiraary, I thin.: *r« ohaala thon t»
pnpund t« a m the dtwwrart rete upt * » m ?t* relation to too trand of to*
nfc to* n tojtoan toto* A IM l| M llM IM lX to M A lM *ito lV lR i
rate
east? I f * got « « ? t a w at 5 par «w t, t mttft
te 8 and 1/0 per iseat. t f tost w »4 W to ft gwwto of «lw w «S « J thliSt w
mA&to** to m * ntonlaB** ton Sagr MtoAto* ton** to***stnnto*« tf
SUM Jn§ MMMMApiwmmmI to ll art to pestiy tototo.
M
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a ito n * vftfav* m l n ton* •
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proteM y « * te 1 1 « * # « M « ■ * .
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S i tor « tor ton art tow • t e w to I t te 3.
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to n i » to* to«to to toM • it t o » O n , * tolto tort to J n t
to n tto art* a n to art* «M n *n »
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te «M» te tort tote to ll rrt*.
w . to im t s toMe to in n
to m * to n v »7 A m ir toto w p to to
te* discount rrt*. to tto pnaart ttoa w an ganawHjr trying te opatrta totoout dloooaat rate toancaa. «w t aaaraa te *rt* It n r* Isssortert toftt n Oml&
HMM n m
tolter I n l y w lrtrt to tto ton * t f to* ntowft* i n n *
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Authority E . 6 . IBSfe
afKiift to fewa
* 1* 0 1 1 1 * * toak *Mf at anr ****** t o « toto a pjatoMiitr*
«w aisewnft n o * riwtiA to aa«sssoaa. to tetu t o m «p a totfwitfaa m iar
* » fern a a w ferCUrtat s**s I « * * to® toplas mto o» WMH» tM— l«s fee
InottwwMt olto «M.«h aa tooaM awiSs fiw t .
? aw #* l» w to mm feet wwa
eloooly aajwtod to toe fw w w st of fee we*»B0r wstot.
I os Aspttoei a f o*sr
too loo so a rtificia l mta and « a H got naagr f » » toe lanweeiea ffiat, Jnwaw
taoaama It isgr to la too m s A el*WMteneo., aa w
Iritis* * earioa. ohanoo
Is aolntaitdng mar mto riiara it tana* to toep to« wsftset isto « a m V s fio »
of fadeaal i M i w credit Into too goal.
* aatiefeato that i f aa jgat a* active
a n w A a f ladsatoy aaxt yeas ea » U i m m a Jw*> is »t o e that a lii d m m
a ll the ahlvorej oa& • p*eaa«*a ft * r a w ir t a k fund. toot aa s i l l aoator * w
it ia
f*aa.
■* towa as wwnasaa wtano of a»o4it s*n*e& iato toe w t o t ,
asa saator tarta am a r t w t o 1 * p * t i it t o sat* ia a «to .
fee re so w tarise to sot it .
awy w ill eo to
to s i l l to OS toe ri*le Is ft totter position i f aa
Sfiwmoo fee wtenoa, laatoe& of tawiae « * *Wa*nl *»eor»e torioi m m » j*attjr
of « te > , ftoa t o aaeas maths, e ife w a r law *at*a4 aai than togia
lone
to —
wan u l l l r ftoirfti tm i f pm •* sat aaas A sm * T » «MU to tridsc
tha raeno w ttU ity of adair*; to credit to too watot of too ooaatey eife too
peeeihUitr of m a im * ladJ^ootiou.
f aoSU not taka • feanea of aaSstog a aia-
tri*, toaa to. I t o H -t lw I . to. » t o « r ^
t
oao a f aokla. too aoo^toao.
rate * * a iy offootlw V im g to m
soft of too w o r n tori* aai lotting
tho soifeat trioo ooro a f ito o*a, n4to tlw pooBimitT tout aftor * a » * y tot a*
w ill discover fes*TO*S«| triSs* s>toao toat lafiloatao rool proosuro on toa rooawo
tori* aril a*w—
too i m m l usto.
I ■ » sot oa umAi m m m m t aito riwt w t U
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d e c l a s s if ie d
Authority E .6 . |£J5fe
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hss^m thm, as wiiit
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d ^r«£ la d* toftit tet* |W caa*t (p w r too roci£»eaur&
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ar* &k\* to rotoit thd «ite,ikai« tot the iMstaKHoi gu abo^d itiHfe & is ?fcta£»
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mm tsyfcsg tc
t& » a&srt itaw
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to w ia * to* dl8NK9iml *at«* tax* I m ready to ««t * » It *!**&
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fc i flawAtto* is £t*ln& to&* fttr&mn naitilftHmtf wi
t£*nf Swf# wwrtod
aw , I m
to do and. X war* to lt M t l M
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to sftmt t N f ***
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n» i*4i£?e t* 30* * * *
flth M i |adeyMBl* Xf Hm4# tom’teor ** *&*&&&% to
tf» totm 1 p | t o
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oouf1dtiKsci aad «• i^icm3Ul *<at to* csoc^ittoa daeX tllh toe Mntol ftw day to day.
X ^Vm'% nm S t o
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m t o t o ttU at o ia wl wvl
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mlttiiBt I^r $ico#(xx>,000 in y i© 0(fam |T tlaroa car if««ar wwdaiV
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A U k I t t « f « , to«k m ton* •* *rlUS«taai anMr «w**l. M to tMOA tomaar
f r r - v . SWW * t *BT m tc «n'l I f j w wteli to M9 « U *ato* f » vr>, <01 w» to m 0 >l
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DECLASSIFIED
Authority E .G . U3Sfe
to do is to k m p t& v & J ic tn c
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m m & i stesw tbs flssfest I«v 4 thst Cbojp <toB*t $tso us &% *1*^ leftist Ifls «&*2t 1®
a f&tt ftt <hi<*i M v i>i» Hoi too h m v lla r p m lissd usA
a oot^mcfsIon of fcosfaooo#
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vm K ill as « » f »i*ft ism then s!nplr re la te * tartOTiaes*
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Cifly Ijnsin^s tsszi ia jftsr Tafte. sfas ^
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sp'OtdjU&tios or
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d e c l a s s if ie d
Authority E . 6 . U35 fe
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v
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portfolio* iOm*t mMxtiky
i&tOTOOtif^ thllljf I* i n
^
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1* fM A m that M mtomU* H M
M M
quotod holow tho MU fifcft cm MU* <p r t# i omit 1# ter* had M
ini* imp*
i l r***rf*
fund* gnotod Voatow our mto la tho stroet for tbo last two or t-’uroo dap* and tho
mmlt I* our earning o**ot* h m not foao m* t tar* roport* mod* «p w y
hour
Mr* Cu$u
X too? on cur de*o. On tho lm rooorto tmm ooro
euoteJ at 3 - 3 $ par 0*«t. a® nlmto this condition c * m , «• laws that
V iio Khldh hows credit wtttt wo ooll those ftjnde Mr tiw day « * « * Madia* for
thoeo fund* t i % *»*•» or hwfeora yfba oao tta money. ttot 1« Ufa* inotmwmt V
whleSi thqjr dlstcitnxto asrplaa m m M . I f *ot«#ilae
roiotlon o f 4nt jmto
cad tho other fates u MB to ll *het l i colag to laepoa to tt* mxt$m aoaay.
(At this polat Or. Stooort ooterod the nootlne)
Hr. M lileri X weald Mae to haw Hr. r,to®-.rt»a esjAaaatloa to to the
ncaoari* oiaAftowoo o f tho crowth of $386,OOObOTO ia amber M l * r»oer*e
% M tto tat In o h m < ( t o | «r . t t»t do 70* *»ta* * * t io * » to cad * o *
iiojMt tit ittdiOBkta as. oemofft* tho ioeiibsr ta*lv*£ oroCLlt botoot3U&XItloof
sr. StOMTti Tract ttw ni*dlo o f tt* yesr os there «aa a growth la aoor^tmooo
end ttm JWy cat ok Uwroooo of $100,000,000 la securities js^ioaed. Moot o f
the looraooo oooowed &rinc « * islddle o f tho ye«r.
Hr. KUXori M l thle la vwy largely nceoaated for !gr the jwrdssm of
m m jlm tm tm •».*■■§ tm r m iivfeaM ie* »o pot n v into the m an* mA
tho MHteot Km» pot 1% Into tho aarfho/ honks.
nr. Steesrti I thlste I t hoo boms pretty sell eimorbed nlrae* ia tho nrotth
. jk * .... f*Hiiwiw-'
tsr. K tlU n
1iiiiwjiiLij^iiiriiii 1m
1
i%¥i
Sho Tte*» hem hoan laraottag ordteiy otrrosit M a t aopoalt
amor, ant la liquid ooocaorelal leawi tat ia tetg tom toeotnaato. 5h^r haoo
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . IBSfe
US -
tooa Im&mg mmrnxoiaX
m m
I# th*
iMftavt sad
coosms,
it * ta t i® ^
Gevmor Hosflu Bmi m l $m%
la lw w t o » l» tarn war la W iy
MM&ft « t «*> 0 M*t gwMfe la «fa » fi«p«*lt* w «d*w *4 Mttt Ca» a »U swMfe
ill
tariM & lH I
» . stowrti flan <S*|*«A»» tew t »t laBMntM fcarlac Ike l»*t « i « swatha.
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eUo to lot w*?l*w <M * «90BW!tet« la Sw Task, (MUM to n il* « » MU Mto
t i i f i r oeat, msd that tt» * « io * « * « « r *w *U *»ti«ia I* %otswm nwmCSe* IMS*
and fmmxy lOIH*
I t — nr W W t*
*
ospoct that «(M r fe M iy Jot «M I M U
M
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aaftrt fM to* lia *
III
ft wtwra flow M fttfe aM
I «w iA Mta to •*• MaMMa wa Mff to mm *rtoat*
Him i l l mu i t
Tlt~Tt
I# ttftt gM* or ladMIMtoljr sa& w* | M « v
— y a l — § a w t» to < M i— i i f M t K i aw w ai. I aaa* to g a to U p§»
teta mm 9t m* ManHr h»im m too. nr * «* * ■ * i* th»t « » %m* m u w t
mtore foot «b b # to tofca ap thft wHMsm ftcwr aad «k»t «• M U ham to o o » oobo
McnritiM too. I thUk afto* m P * tfaa MU mto ap *R *p r* t a a i to ««w»
vnm vb.HU ho la * * ttm tit rwUsoooata oad thooo hoawoMago MU fta a l* tho
M Car tor «te Mart aatow* » Mai Maa art M i ytaa tort « ■ * aa M U
ham to to ll nm
OoTonor Hoiriai Oanrwaor Mxraosl, fm Mtafe, art<!» tnm oar aooaooinr*
that it la doolrablo that m «*M 4 w fll mm mwsiUmlt
Otmrmr teSJcmpal* Tfcft. Shoa th* ^toatioa mm ap tM Mgm « » «• to B »
dMimhUltr «* lottlae m
m taritlM *w» « f f . «sr tfew w
la fa »w « t It .
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . U35 k
in «*
ty tiO Q O fio o
* 1 1 ns&i-i I
I$w w a fa A t o M
tc # » thm *
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I
ifete m
p ' J tea? <s&r*:ii ts>
timl mtvM mtm't
^•'»00tnry>#<W Sr* tfe i
im
m
t&at
for ttolfe II
mmm-i t o t It* t«&ttag mu In i&nlMm to
tmvmm on
tho rnmw M to i*
Hr, ilixl«r« !tbt a- iHNMlltlm: !i^*©aa*i I wartU «a * It *
taflwM o on a
that f i mming
dtlfe* with tool and i@$r t* *»* not
U& mildly* ««d I tw&A* fharo!b*9 y
I® Hgniftat* i f tfet erlAsac# &>*e
tot ImUoM* to * l it tUNhtlfl* mil® for that* Tmi mat to #*02
4m* 1il»
tat U ottlj6«& til %$&
m16m immm Ifee noon* t e M
m itat &»*• m i wtsut
lb# tttftat mmSi mtadtetlngr* I f w I W g*t In. 4
ifim* m mmiA
$5O0 #DOO,OODf ttt aaditimi to tho *^>talEiaftt« I Ifebfe It p rw itte t tt*r
AM raally stMdod,
Mp
*fco q m rn U m In m
oon^ras % % m lt la a e t& k r vlth itat *•
to faoo Is m late Wlttldr. I t«®» It that &mm>r mmm* t* Im^UMI
to th »
tfeich J m m * 1» ft ^ w y m t le m l tint?* tli&i wo sip £ lft m l ftm up'
too m t of ored&t tmtU tw tea* td* taU l *• fhisfe mm
w ill raM ll fr o
€fes@®(p Bt&XWQTf nnd in && interim im t t a ttebiHiiinr oHc^r* I a* m ^ r dlsto *s@%© in this «»*tar» woWM# *mmm t m not mmmrnd *M i
«ax»d thill «h&% Wlil
o i t r gift
jffttt OR « 4 fWtitti'l» 0 U3f w l«* Bor m t dlfttiartbod
**&«rw& %esbI»
ri'ftlaaXotte t y hsvtnrt i i a i r ^
m tt rJbow tttft a i$ «w ! nM* M
.m tm m t o C«atit«M>#e
em nsid, thart |«
t!^t 1 fcsf* to t ^ f toHi turn to.
ioinr tm im m m m wlula? M d jiter* »
€tm tml mmatom at t o t ttm*
neatest
p«Npw I*
I
&*wem mm of tM » t t M^ttaitflA atMkttMi that wt )»m mm tot.
too* iti^tHtr « t
«o*
« te f*
<b *rt
w ill
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . IB S k
• I**
Ctovomor » » wh«»c« i f tbs ottfM of hsrtar to M M M ooeurltlM la too
m oral rooorto taHai* portfolio I# I* oawoioo * roottoialac InftaMTO, a*
M ill mi irfTI MliriTy inrfl
i tob& » *Maid abmr« **** «*«“
mm
« * i®*3*
oKhorrtue to cob wily tmmJloc a n aM aS w iafbMHoe la mo airootloa • W M
only togr, to ta n nothin to M il.
Mr. W b n
vrold not
mU
to* M il otxr m ina MM I* h U la M M to rwtooto
X
for «sgr o te » roMoa.
MWMM toMfcM
oold n M M ? M l la Mato o f 1MB M i MWMM*
toying « 0 da la xmmbAot. »>»f*o#©r Sproe** o f too Sarwrd School of Buslaoos
neooU? -f *"-1 TO to earn twforo ow of hU claaooa. « w » mo oetw fM t r
tot# * yw cM B i M t M l m Mm m M M * M l* m m
im
MM » m M* to M M *
I toUM a 1 awld odtow — t o too p i U t i ar owdo toM. M M » M H
I f tho M r A aoowoo to*fc* did nol torw §000,000,000 or $fiGO»OOG,OOQ or
mM oooirlUoo ia too m *m of » » *ad oold too* tow too M M froom
to M MU M to MM too m * M m m la* toto JmI MUM. M M i d M M
ototoil* I M M M a M t o M M M M t o M M
MW
and
to toad W M I to M toM *
-
ooTOrttiM to awMwk MM a t to to» M to* M a n . M M Moo.odD.ooo,
I f to* aotisn M to* todowl rooosm to*» la oolUne » * la 1923
MUM to ta M * Mft M i to i MMMi M M to SMI M M • toM.
M M tM M
I M l MM to M M iitoit l iM f M M M IlilliM I
toot owworiae «r oiad,ng too giosttoa.
M T O M T C r lw t a e o n
t o t to tobM I f c o t o h o w » . stooarfc rafco * * k «**•
a n t e to « o d w l f c * o t t o * * « r a t o t o o p roooat K M W M i
Or. *«•«*• 1 toil* oa too W o M fa*to tor a«wwta»r t o w i a air.^oiWoa
to m tes»to too M M of too t o w w t 1* M tootoooo oltoalloa. too w w
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E .6 . IBSfc
'-0 *
wltti t o atom* m
■ a t la t o t o t o w oltotlaa t o t o a « t o * la
Um> »to<&.
baatnuai
t o t t o * »»«» aa* «•* t o l l t o to atalalM t o 1bctom«4
t o proawtloa In fim t o w i m ob t o t o r laeraaM awl there
bm to a m atinam ta Ito «.t«y t o * to o 1* p to «»* tool* t o t o ywa» oea-
fto d t» Mrl003to*2t p tou to t o t o t o o t o i la I f a t o «* t o **■ mtortelo.
t o » It * w*r eotoSotol* w * to la t o pirta* * t o «*•£ auaHfcerttotoiS.
rwSret*. Iw aw to t o t t o r ia troi t o eta* t o \*«*fct prtoto **w w U «a
qp to r to t SO ?«• e to « f eoj»Bitjr t o to w It •#*« Oiq^ottlea to o tto la
atoaoo «T current atoo. It ftMM t j » W a w »
Uiag t o
immmmi w » * » * p a t o a an !§ * m M * * » t o o t to * » ■ « • a t o p * * * #
t o * t o topM to t o t o t o t l» wwiioto..
amraer etwsg* la yea to lw s t o ttm t o eK tto to take mj etsfclea
iU * tolsoea latorto* twdd w * tn * «• * m tttofc an aetwittt
or, Stosrtt It eatea to * » to t to w U a
of
4bl«b
rtoate* assasoeto, flfel<fe t* t o totnM SttP of tllja r tu * f fiW toas'.l »*wr4U n la t o w jr ta to e * t« «H i a <Stt*wto owsptotioa to oar oatoag « t o .
t «xb * to r * am eortto aoaanJ. s *rt*4 »l« ta to to , t o Huwatl
at
■ to * la * i t o l t o oca W *fee4 t o ao w»ttjr, I «MMt **> t o 3«ja « » «M to
inwtirwiirm iff m r
-------*— * m m m m
eeraaer tim et — » I — f 013. p t o l aa MJI1» H r *" W t t f * t »
im.i gMgr— im u r n a u n r
W r it m - '- - * * ir ------------
n • * — a wax « t o »>— m u t o m »
t m o t m t o * * a n * * * * t o t mqdsm
totow® t o a stor mm t o * It tosnr to a m so*. t o t I * t o to t o r t o l»
to U to t o t o r W ltw w , toto i m h A tiorrtom as M !•* t o w ta ■* * t o « t
a y « t o t o t o l t o awr o x t o t t o t o I t o t o aa atmwn «a t o jttii — t mta.
fKMMUr. 1 40 t o tttoe t o t la a t o twVIo toag.
.. ....................—- ----------
■
—--------------------------------- ------- ---------------—--------------------------------
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E .6 . 1235k
W *
ar. Steaurti It eearn that a policy «h l* does not oontusnlato a dbeagt
Is the discount mto, «ha» tho fedaml n e m tea* to tho largost factor la tto
Mntset, dM § yo« w stanilnr to operate on.
tomonm stion®i J tow way wall that wo am going to admaw our discount
rate an t ymr.
I as aot eomrlnead yet. tho aay things taro eotoe. that it wuld
to tost to adnaw our discount mto. I this*. tho tom o f tto ytwr w ill dlselose
that hut yon asst raaocfljor that we oaa M U hualnsos la tills country vory oaally.
ar. stosaart i So you tWtote aa Increase to 3 i per coat would h ill business?
Governor B t»a » I thlak at the assaok It would t o M a way ehliliag offoot.
Mr. M atti t?0tiUte*t gaaolao business take aa aOmsm la tho t«iy low fates
m
tom tosa haring m a men tofiUatioa o f good tosiaoaa?
Bwwmi Itta n i I w d l M t a r t o l .
X 1Mb* it la «sta« te to map
wtfh aaaier to aAaaws tta mto fna 3 to 3 i par eaat tiaa it saa to aAmew it
last yoor trm 4 to 4 | par oont.
a9* mmm* *—
noy to got the mto admmed is Juat ea
immMlai ~ *r “ Ifffrr
Trr nimiMii inf
■l l f y
wateot mto sad pwnare the alaco of tt» people ftor aa ImreaM la «to dieeeant
■Mto tow m a4waaad «to mto toftoa, aaaaaMial yepar aea at a per eaat.
Oowjmor torrist I ShM: a ll our diaeaasloa haa toaa Interesting tot X thito
it a l# t to aapaaatod. a little .
at
2hts Oawdttoo ahidh ana appointed hy the Board,
laat eaafwaaw adadttod oartada maasMatetlam toatac to it ImmMp
*lth tho Becaabor lRth transactions. It has nos wtolttad a report to too Board
la tolch the etoty la told o f »hst has tooa dom to taJcs c&ro of tho toaatoer 13«»
aatoritloo and ehlle the Animas o f tto Corrilttw haa oonaultod constantly with
tho Caaaittm, the ialttotlm la wwrythlag toa ooa» titm hin and a ll the
axooutloa toa toaa la Mar To*fe, aad I think it toa toon aataaai&y soli done and
that largo aad difficu lt transactions hewo tooa toadied without any trouble itav>
..."•---- ----------------------------
— --- --------------------------------------------------------- ------------
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E .6 . UlSfe
mJ P m
m m . to
to»t too wport o f «m* to* tooa dew to* ywr w a w sl. this
n p r t roitM w ram aradrtig*. 9 m m to w r ttM l toot to* toa»i toooid atopl
osar watoMm *r
«* **r Mtoo*Hr»
*m *m»
«ntod
^v
t o stotonwt i f to* to im n tort 1* U w o o o d to frtoo t o H U w t t t o !
!« r owl and toot too rotem fi*r of ftado to A m o r «*ld to tofem aoro of *ir
* to to r
Mtootioa
eton t? «
too w m t w s * » * « * too offoo* of a i r oatoo too*U t o wtod t o t e *
to
osar ooouritgr toUiaes oad that too offooto of tolo mto
sagrtotoe tortoor I* tow. Bat to too goaotai attltod* of too Qorsalttoo ead too
«sr || pwpoaot to ooorato wOooo yoa otsjoet. I tofefe wo at/*>t uatowtond that
oo fter o* wo e* »o tos»o j w oppwoal aai tost
too iOto or ISto of Jtamaxr
«o otU yovtoo too aitaoltoB with p m l t l l *t»t tortoe* otopo tooeid to W jb
rttota too fto wrt* or wato afto* « » * . ■ » » » * « « of too dlooooat Mto to
-o t o t o toM * * p»o« M tor toto I K H t o , totopl toooto* oo m
to«w*toto
o&&%% taotoa or retard too ttao toon toat rat* tooold to ralood.
(to. Swit* to** wood that tJM> toord wto wito
iw iw l t o * M M « i t o * ft— I t in . t o h t o e t o
ywjioo*.'. tototo notion a« eoatolaod la too t o t o M
of too Onlxnat. J M o a ^ w » t o w * l j a i « i « 4 . )
tolMMT fTWMH »WM I* jM t OM W * yw ettttllr is to* elWMl** toii
too » » toon dloouoood and ooawt to owopt turn dor to dojr. t o w or* too t-Hingo
taJdnc plaoo la to* To*k uhlefc jsooofMy aro a little ww^xwtod. tharo lv..
a Wtotop to #* too llw wwgr *«to to 4 jwr o o *. tolto to *r atad 1* m Iatt
ention of too tol^oj flro t, toot tooteoro aro ottta g a Uttto nomao «bw* too
otoM aotoot o*i to*
WtoMM* w
*m
to to
o f tortow it o * w
Aftor o trtoor ooo*
d*r aftor Coy, 1» otorta to cot a Uttlo ttao MMP.
aowtou toow toa» i l # >1 - f
to* .iiiiiii i "m in i * * * » H I
mm r tW
'm
Imodiatal? oftortoo tnmwctlwo of too ®rw*«nfy. *« laanod toe- .JraaiMrjr
* *
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . IBSfc
/
«*>
$140,000,000 ahlah n A iftr*.->ed Into the atitot and we hem liquidated $30^000,000
of oar invootaonta, hut e t ill there hoe teen no ta m m m Ia «« r eiamins eeeote
end. aowy yostorde - eoe a*
8 | par ©ont. I f that eltoatioa eantimea I nay
wish to reeacoand to the Cocc&tteo to «e U aone aeearltiee before Asaaary 1st,
Xf Ifonday X (lad a good Mg aurpluo la the Mar Talk hasSaI and m & w
the
Saturday etataraant with a aorplna reeom , 1 m gains to e»t in teeth with aoaa
o f the banka am? the tole?hojia. *hore any he borrowing la othar distriota that
«e«hAi*
pttw®
itftl Miua. .:ijl
■'r
Sn M&W
$m w m * f m f a m
M *m y m m r * v t im f c * t h m lm & m im m m m ifim m
w& tmm in IsrctoiW*
lit |3bs I&at itm or Hdp##
Governor Strangi fcnodUtoly after the elaettml there wn* a aoall inoreaee,
thaa they wank o ff again cad thay mat oft heaanae the oouutry oaraa to »*w Toifc
to hoy sto&a largoi? for Oaah. In six honaee ahiah X nmoQlted, thaw was
only one vhltfi had aot aaparienood a r*iuotion ia Ha looa aooouat elnca the
election aad that taa haeaiae o f sMrehaeea ty too wealthy aaa A© twutfit aoauritlaa
tsai aia m t bsfe
Mr.
c^rcyii to twey £&f tfafyt at ttan
!!iUori I hare aotload that ttwr* ia a upirit of eoatloa among hoeiaeaa
aa*, ■aafaefcaraae aad
y im
m t I— iaaa
xih$A l§ th**
H M M m , X aatteed that Bua ia hia last «e*tly rr-
teat pate* aad It watata a tpeattaa fcaay atod — %a i l y i t ia.
<#f thi*
ffcfcW that Is wall
t&Z'Jhui
X thiifc it ie a
wooth eaaaidaKtagi tiaftaiMr the a ( t e ( t i i a v l * >
* f li
he dm to the nativity of tho atooij» j * » t or ia it that" V.wlnaaa a n ere w A e h lnr the gyeirth
ia the w lw *> a f areditt IheetWy (M Pedamil aeaasm :.*3taa
aay he a faatar *a it .
spirit
it w r
rate twaa are tae thlap -» aaat aa haw <Mt»
of oistloa O olite imUoatioaa that so
m m going
into a real fw rn t Hove*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E .6 . 1235k
3& *
w i <f W
i l l « * t M | * » * l « g « w w « ■ * m w m m m ally torw tiw to
In& nm utvlcui
In
tarl J w w i
t t ihiisms to a s t t » t ths t o s l a e w M t o f t t a ooa a try watch m V h or
w r a & U y « t o t m t o f ja fcllft o la lo n cad p cfcilo a a t i f i t y , a t M l w i t .
MM yiBHW lIt tool to* to w i d * «■» ton l*r*»ty •» to*
liilw t filj «# • »
r m l t e t . towwi mxmu* Is towtae * « * y toslrod sttw l n » a fiu a^MKiOlt-orw
of tadivtawOa.
Jharo Is a spirt* s f eooawy « » * » U y &tmtos ttoW£**ut « *
M B lr f and ts* poults is not
w i M bc
la to toy to ths tactoat ttal
im
mtlaU/V ^
'yam* — I to wflilal to irtotototoi toft to* wtofl H W IW II1 # >
M m m mOm wm p tfiw rtlra w art gto *a m m to*aid.ao of am tm . tt*
rotation an ftaSfc^ thoaoeiwo sritorwsssl ty too fact that tho **bUa Is sot
taylwj. Salw of cmsII m inaoato Chat »«» pooplo an as* > T * ttto i to to*
■Wtort IMT W ** WW tort iMftb t l •*■ • to ■* to ll to# jMflMM WttJasA to ft*
Frootuont for Ooagms* Is hartac Its offftol on toft ©aswal psMls, sad to m
atal toat mmmm Mr. M U »*s ^anUoa. t tolafc too Aaortaoa srfbUe la atea^oolaj
to Ito fo lly
Awtoa* factor to tort too tasiases am tfureo^wa* toft Soato ars
scrutinising toolr w^aito wry aaoh m»<* aaraftdJy tom tocy aUsaJar aarteaQT
condition*. m l aw art wttoaMag Iw g to o aslw af s»*awi4tw. too ffcaww
la ast fiaftilac torso*! oa& siloing «a to» dottoS lino as f m lf *• ***
*a»s*. i l to mi—iwHig to ll to lls * s t o p f i l I T M * toftto. tort is w fio rtrt
la lacaMftoA to.'osits. toss* to* toaa agao4 wttoa om> sa4 *way toM* tore*
tow UtfrfWfttod oat of toot amp. Bn* aw aot wokiae assaitpsate to* m 3 tow
firwly just now.
* « ia ^ W to j ^ t o ^ «B l/3 po» #w l totos «S »I I t *w
m ifm'tjfr [iw §
Or. Stoaart* fifasl toaroftosA toytoe po««r «tow too tow Is twry l«?d»lar * »
to too coatimad foroifin loans.
------- ----------- '*pqSPR
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . IBSfs
7%
,
,
39 •
9 m m * townsst
I v<raU V J » to i± w ja a ccao Ib£cxbkU«d, I te w jatloa
D m am Z te w totted alto, 1C*. « r , 3w*>, of to* M M M W k Jto* to*to*»M«a*
Mr.
terplqr. A8w ItjBa, tMMe, toottagr, WMtonrto oat flflM *. torn *
ufe><3 Mr. M vAr atoal to* Chrtrtw* trod* te add * »Xt I* jt » « steo* aa «* » « * *
tnd», ftoM r eood, M m c m tetowad Ifiw Ite dwrii teamto atoadr w «ld
owter la aAwaw aad as* wa aw crtttsy; M ie m « Iter iaaodtato totoaaato. « * T
w u ldtat Mai to* rtto of taylar
teesaao «ter flat atww *o to l§ao.a
Mr. Owe* wftd tte tannual to «to toatoaw ttf to* tetolatea Stool Qortwwtloa
«M distrtte«*& « w «wrjr dapavtooat of tholr tealaaoa, alto joteew tertoc
» * » a im t » atoa* to tom — » a f mrnmm te to* t— fttoto totom. mm *i »
« V to** toa wristo « r profit &• » t i a w a * !* * .
ton t . u * «a»t <*a*««ia la toto
oouatiy to toa ano& * f toe jioopJ* a n d lt «a a t e etencod Ufa* & flufe.
I toa»t am i to — tot dlaaaato aoto toaagad m m to t o a w l M
to* w ow a
lllli W
ta too m »* to ll to toa*. M i t o M t i M M t i M m U l i p d t o B
; v « M la to* Nman&t net* ta am omtw wM*l to asod. W » i te oaroftjl m &
p im
to* tow* Mr. Atewntar natd tout to* only C a s t ta too oitooiisa was toa*
to* Vatoaad m m m Mntow «to&d to aaaatoia* fW&tfe atom dtaaaaak aatw* Mi
a-dd *w ty otodaan* la Ma teto aa* tola may cbbMU* alto todtfc tealamt i *
9 M*oa0iag.
*
t t im
tome* tola aw Uaa Into M g i i , I I %UX to tem tstoer torn
56&S- in -SEP lw8hi%
Mr. immt c w s f t o as*t UaWbii* toetow la toa HteJe of %wJa«* m t
\
ta Ito namtliHna i f trr Tmtmn ~ r — • ■ * - ** r * “ * «■■■— - - « - m tm S m
to a iwtoi t o n to* pooottd* wae^a o f paafiMt la rodaood to & afetoma.
«*to»
® *m
af* way <tor waeona w i l t o i a i r t w a r aotteaO^ ated^tnc asd w atoteg (tea*
wtottltom toftto aatai a i toa m a i tom.
thosr aw ta t i » ?*>tttoa of teatoe
U t o r i l t o H to mtowi tolm itoi
ootvlaoa af toabaMLa a*fi aad todaoto«
.
1 HP
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if ie d
Authority E . 6 . I B S t
th« a,3«L0 of
I don't tMsfc «MH MM ear
of
l*e*ija Bwsferota Sv* nr# aoatldMriRnt at ISj* jawt'oat Stem e seflw tii» t>i t&ut jwa
*risM oall ttndkWlM* M&orttt' fttaeo lft a t'atllw itat • »
M ist 1-we lu* ft»
» « * « *hMOt %•
of tfnaboHd la this «s*;jwst of batea* i» on* 'Aistk i»
Cwxnv,* T*a*t« Sitft n t cnilatpoie* a ( f i f t l a£ ® 3* » ««ft » hi* **»•*»
tlon, to tc ottsh a m iisp»(f«d to mSUx&a Mn \m&nxm> tlx* oo * 8 or s p*» wait
to. IN hm
CMAMOSr MftMMtat w te ie * m& mmtmi tMS «4«m* taan&t ;w
to ft r-s*Rt Mw** «•» iBi’SSto o f fW ttl fett %a#i idfefti o»t.
to. MtSUn flsli mrt$& %x Hhs jttftM M I fotoum th» fc»yia<5•»* ftftUSae
Taw i«:r.f» t f ^ e ill £*NN*ftW J* • * JS*P* 2fe» MdA »M, ■« » *!**»
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