Letter to Marriner

WILSON MCCARTHYPRESIDENT

January 17, 1936

Mr. Harriner S. Eccles,Chairman,Federal Reserve Board,Washington, D. C.

Dear Marriner:

I received your letter the other day telling me youwere sending a book, which has not yet arrived, but I am sureI will appreciate reading it.

Sometime ago I wrote a letter to Senator Alva B. Adams,copy of which I am enclosing. I am just in receipt of a replyfrom him, which I am also sending to you.

I rather like the tenor of Senator Adam's letter, butdo not know just how he will vote. I also spoke to our bankerfriends here in Denver relative to interceding with Senator Adamson your behalf. He has a brother, Clarence Adams, who is anofficer of the International Trust Company, and who is about theonly banker in town who did not attend your party when you werehere | he would have been there had he not had a previous engage-ment. I expect to hear something directly from him in the nextfew days as to how Senator Adams actually feels in connectionwith this matter. I am sure your friends here will do everythingin their power to be of assistance to you.

If there is anything further which I can do for youat any time, I wish you would kindly advise me.

With personal regards and best wishes for your con-tinued success,

Sincerely,

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

WILSON MCCARTHYPRESIDENT

January 10, 1956

Ion* Alva Adams,Senate Building,Washington, D. C,

my dear Senator:

I regret exceedingly that I have not had th@ privilege of meet-iag and becoming better e,cquainted with you, although m have many mutualfrieads here in Colorado* I do feel, however, X ast well enough acquaintedwith Y O U to write this letter, and to give to you my cm. personal opinionregarding the matter I as interested in*

I an anxious to see Marriner S* Eecles confirmed as aof the Federal Reserve Board. I have known Mr. Eecles intimately forabout thir^ years and have had more or less contact with his duringthat time* As a young van Mr, Eecles was always regarded, and is at thepresent time, as a very conservative, capable business man, who had littleto do with politics and who was concerned prisarily with the developmentof very large interests, particularly banking, sugar factories, dairying,livestock, irrigation projects, large construction enterprises and othernatters of this kind, which have meant so ouch in the growth of -Use West.Few young men of his age have done more in the economic development of theiiitersountain region than hat* Mr. Secies.

I appreciate, by reason of many statements which he has madeduring this period, that he has boesa the target of pleni r of opposition.My own personal opinion of Hr* Eecles, however, is that he is fundasentallysound and perfectly sincere in his statements and in his beliefs. You andI might not agree with a n that he has done or said, yet his very background,training and interests are certainly sufficient assurance that Kr» Eceleswill give to the affairs of the Government the same degree of conscientiouseffort and ability which he has demonstrated in his o«a private affairs.

I sincerely trust ay opinion might be of sose assistance in atleast helping you to form a proper estimate of Hr. Eecleu, and also hopethat you will see your way clear to vote for his confirmation*

Assuring you of ay high esteem for you personally and wishingyou continued success, 1 remain

lours very sincerely,

WILSON MCCARTHY


ALVA B. ADAMS, COLO., CHAIRMANMORRIS SHEPPARD, TEX.KEY PITTMAN, NEV.CLARENCE C. DILL, WASH.HENRY F. ASHURST, ARIZ.JOHN H. BANKHEAD, ALA.JAMES P. POPE, IDAHOPATRICK MCCARRAN, NEV.JOHN H. OVERTON, LA.CARL A. HATCH, N.MEX.JOSEPH c. OMAHONEY, WYO.

CHARLES L. MC NARY, ORE6.HIRAM W. JOHNSON, CALIF.JOHN 6 . TOWNSEND, JR., D E UROBERT D. CAREY, WYO.BRONSON CUTTING, N.MEX.

COM MITTEE ONIRRIGATION AND RECLAMATION

R F. CAMALIER, CLERK

January 15, 1956

Mr. Wilson McCarthyPresidentDenver & Salt Lake Rlwy. Co.Denver, Colorado

My dear Mr. McCarthy:

I have your letter in referenceto the confirmation of Mr. Eccles. I am veryglad to have your views in reference to him asI know of your long acquaintance with him andopportunity to know of his qualifications andcapacity.

I do not know what, if any,opposition may be made to his confirmationalthough there are rumors of opposition. Whenthe matter comes before the Senate Banking andCurrency Committee, I will give your letterconsideration and will probably take occasionto pass on your views to other members of thatCommittee.

With kindest regards,

Sincerely yours,

ABA/bhm


Letter to Marriner

Documents