mss52019_121_006.pdf

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EUGENE MEYER SUBJECT FILE


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• ersonal

fcr* w* B* Ceery, Cororaor,Federal reserve Bank of Plinoeepolia,Minse^elle, MilBiDear $*r, Geeary:

Thsnk you for your telegram, which I receired this rsoraing* It w h» Tory rood of you to wire me, and I greatly appreciate your kind expressions*

1, too, *m sorry that our official relationship is coning to mi end, hut I shell hope that our paths will cross occasionally even after my resignation becomes effective • In any sweat, I expect to see you then you come to heatinyten next week to attend the Governors’ Conference#

with best *ishee, I amVery tiuly yours,

A p r i l u , m t ,


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A p r i l 1 3 , 1 9 3 3 *

Mr* Howard race,Baltimore, ?M*Dser Mr* Bruce:

Thank you wary much for your letter of April 12 and for your friendly expressions*

1 greatly appreciate your thought in writing to m and I hope that ewen though I a» sewering my oonnsetion with the Federsl reserve system, I aegr hawe the pleasure of seeing you from time to time In the future*

$ith best wishes, I amSincerely yours.


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April 12. 1933*

fftraoa-l •

l*r* Howard A« Loeb,Tradearr»R8 National Bank and Tfttet Co-ipeny# Philadelphia# Fa# .

Pear Mr* Loeb:

Thank you wary much for your kind letter of

April 12# tfiieb I received thie morning*

I have enjoyed my eontacte with you during

the peat two and one-half yeara, and 1 want you to

know thet l greatly appreciate your generous expree-

aiona* Of course, even though I am severing ay con

nection with the System# 1 shall hope to beve the

pleasure of seeing you frost time to time in the future*

With cordial regards and beat wichea# I am

Sincerely youre,

<t

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A p r i l 1 3 , 1 0 3 3 .

Personal

Dr. S« km Coldenwelser,Division of r-©search and Statistics,Federal Reserve Board,Washington, D, C*

Dear Dr* Oolderweieer:Thank you very much for your note of April 12

and for your very generous expressions.

I am sorry that our official association ia

coni nr to as end* hut X shall hope that even after my

resignation becomes effective 1 nay have the pleasure

of seeing you from tin* to time*$ay X not take this opportunity to express to

you my sincere appwsciation of all your help and ccoperdition during the past two and one-naif years?

With all good wishes* I amSincerely yours.


April 13, 1933

Mrs* Carl Hopkins Elmore,150 East Palisade Avenue,Englewood, New Jersey

My dear Amy:

Thank you for your nice letter, which I receivedthis morning*

I enjoyed reading about your good time in Palestine,

and I was glad to get greetings from all three of you* Please give

my warmest regards to the other two* I shall hope to see you all

some day before too long*

I am quite in accord with your expressions about my retirement, and I hope to have some good times with my family and

friends from now on, with less strain, worry, and responsibility*

I must confess, also, that I look forward to the avoidance of Wash

ington summers with considerable feeling of rejoicing*

You are very generous in your expressions, but I know you are a prejudiced party*

As ever,

Affectionately yours,

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April 13 , 1933.

f

&r« r# k. 9 | m n c i r v155 S» Belt ireor* St#»Belt 1 store, MA#tear Mr* Btm wm a& ri

Thcnh you for your note of April IS# sfcicfa I reeeiwd this moraine#

Of oourse l r m m t e r you quite well, mud I mat you to knm that I frmtly appreolftta your kind expression©#

With best wishes, 1 amSincerely yours,

J ;..A

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April 14, 1933©

Mr, Paul Baerwald,120 Broadway,New York C ity,

My dear Mr, Baerw&ldt

Many thanks for your le tte r o f April 13,

I haven*t any plans for the future, except

that I expect to be in New York and Mount Kisoo instead

o f in Y^ashiigton, My wife feels that an apartment

TOuld be le ss work, so I am affaid that, in that direction,

I cannot encourage myself to believe that my pieferenoe

for a house w ill prevail.

You know what 2 mean,

Yttth kindest regards, I am

Very truly yours.


April 14 , 1933#

Mr. Frank J. Murphy,42 Broadway,How York C ity.

Dear Franks

Tharks for your le tte r of April 12.

I surely appreciate your kind thought in

writing me, and I an glad you approve of ny taking

a l i t t l e time o ff for re st , recreation, pleasure and

enjoyment with the children. I am happy that I do

not have to look forward to another hot sunnier in

Washington with rush week-end trip s up to Hew York

and back again. Sixteen years o f i t is enough.

With cordial regards, I am

Sincerely yours.


A p r i l 1 5 , 1 9 5 3 *

Fereonal

Mr* Clifford H, Carrer,55 Water Street,N e w l a r k , K * Y .

K y deer Career:T h a n k y o u e e r y a ru c h f o r y o u r l e t t e r o f

A p r i l 1 3 *

I t wae good o f you to write to m , and

I want you to know that I greatly appreciate your

eeneroue expression •

W i t h b e a t v i a h e e , I a ia

S i n c e r e l y y o u r a ,


A p r i l 1 5 , 1 9 3 3 *

Mr. Clinton S* lutklne,08 William Street,Kew York, N.Y*Deer Mr. Lutkine*.

Thank you veiy reach for your letter ofApril 12.

It me very food of you to write to ne, and I f reatly appreciate your kind expreeeione.

With bent wiahe®, I amVery truly your®,


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jtji I t«<Kfaltr feed 5n* stot e* Xtl4§n&Jl*»?»TCon&l i%Tiiox xleveoaiB

My* Boy A* Younr, Corerr.or, federal Peeerre Bank of Boston,Boston, i'ftsa*Dear Foyt

Thank you wary imach for your note of April 13 and for your generout eipreeaions, which I greatly appreciate#

It was three weelra a*ro yesterday that X te® dared my resignation to the Ireeident* I took this step only after mature cor,* id oration, and, with fourteen years of strenuous public scrrice behind aie, I am looking forward to the prospect of relief from official responsibility, and of getting some

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reet and recreation*I am sorry that our official association is coming

to an end, but X shall expect, of course, to hare the pleasure of teeing you from time to time even artS? my resignation be* comet effect!re*


PersonalA p r i l 1 5 , 1 9 3 3 *

tfir* Georg* S. Franklin,63 Sail Street,NS* York, «• Y.Dear George:

Thank you for your letter of April 13* It wa# very good of you to write to m about ay resignation, and I rent you to know that I greatly appreciate your kind expressions* .

It #as three weeks ago yesterday that I tendered ay resignation to the President. I took this step only after mature deliberation and,after fourteen years of strenuous public serrice, I am looking forward with a great deal of satisfaction to the prospect of relief from official responsibility.

iith a l l good wiefeee, I anSincerely yours,

C D

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A p r i l 1 5 , 1 9 3 5 .

Mr. Charles d«B. Cl®iborne,Whitney National Bank, hew Orleans, La.

Dear Mr. Claiborne:

Thank you eery snob for your le tte r of

April 18, 1933, and fo r your generous expressions,

which I greatly appreciate*

Of course, I eh a ll hope to h&we the pleasure

of seeing you from time to tine in the future.

With best wishes, I m

Very tru ly yours,


• g

Personala* i boo* £Ia ri^W

A p r i l 1 5 , 1 3 3 $ *

Justice Karlen J* Stone,Supreme Court of tw United States, iesMngrton, ft* C*My dear Justice Stone:

Thank you for your kind letter of April 14* It wee good of yon to write to me, end 1 went you to know that I deeply appreciate your kind expressions*

It wee only after nature deliberation that I tendered my resignation to the rreel dent three weeks ago, an* after fourteen years of strenuous public service, I m looking forward vdth a great deal of satisfaction to the prospect of relief from official responsibility*

&*y 1 not take thie opportunity to eay that I have thoroughly enjoyed the confects which it has been my privilege to have with you, and to express the hope that , even though I an leaving the public service, I my have the pleasure uffseeingr you from time to time in the future*


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• SCSI ,61 IlxqAiaaorx#**

, 91th a l l good wishes, 1 am

Sincerely yours,,saoiS • * aal'isH oollai/t

vs»Ja* 3 fcsltnU «d# to fiXfoO 9««nqi/E•0 •(? taol^nlclds"

t « o f 3 XMft x**

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Xlqaoft I ta d t wont o f uox tan-9 1 ban ,«n o t a t tv * o t u©x to 6005

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• a ia tu t any ;il « e * o# sriJ aoxt i/o\-


April 14, 1933.Personal

Col* Edward C* Lowry,2032 R llljw r F I . , N. f . ,?&tihinrtonf D* C*

My deer Id*

Thank you very much for your note of April 12, which I reuse! wed yesterday*

Of course, you know without my sayinf so that I deeply appreciate your friendly expressions*

It was three weeks ego yesterdsy that I tendered ay resignation to the I resident* I took this step only after mature deliberation, end 1 sa»t say that, after fourteen years of strenuous public aerrice, X tan look inf forward with a great deal of satisfaction to the project of relief from official responsibility*

I hope to hews a chat with you so matins soon* vTith warm regard, I am

Sincerely yours,

IeTJLH Is " ^ ( f ^ P Y 7Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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: * T G O m l

Mr* K. G. Moulton,20 Pine St.,IhMr York, $• T.Deer Kr* Moulton:

This Is the first opportunity I hawe had to thank you for your letter of April 13, 19355, which I emaily appreciate#

A fter fourteen years of strenuous public s e r -

r ic e , 1 an looking forward with a great deal o f pleasure,

not only to the prospect o f r e l i e f fro® o f f ic ia l responsi

b i l i t y , but also to the prospect of getting soma reat and

recreation , and of being able to Aewote sore tine to my

fam ily .

With beat wishes, I anSincerely yours.

A p r t l 1 5 , 1 9 2 ? !.


April lft, X93S.ienonel

Br# worth B*185ft Eye St*, !?• T.,asfcinrton, D« C*

Dear Doctor Danie la :

Thank you w ry much fo r your la t te r o f April

! 3 # and far your frien d ly expressions, which I grea tly

appreciate*

It was three week a ago that I tendered my resig

nation to the Preaid eat# I took th ie step only a fte r mature

d elib eration , end I must say th a t, a fte r fourteen years o f

strenuous public serv ic e , I cn looking forward with a greet

deal o f sa tis fa c tio n to the pro ope ct o f r e l i e f fro® o f f i c i a l

resp o n sib ility*

With cordial regards end best w ishes, I an .

Sincerely yours,


\

A pril 15 , 1933*

Dr* L* K« Howe,The Director Ceneral,Fan &merlcen Union, h a s h i n g t o n , D * C ,

Doer Doctor Rowe:Thank you very isucb for your note of April 13

and for your generous expressions, whidti I greatly appreciate*

Of course, even though I am leaving the public eer»

vice, 1 shall hope to have the pleasure of seeing you from

time to time in the future*

With e ll food wishes, 1 am

Sincerely yours,

V

v


April 15# 1935#

Hr# Tlosiaa Carr rowell,33 I’ast Bellevue rltrce#Chicago# I1X#

Dear Mr# Powell:Pleaae accept my tbmks Ibr your latter

of April 11 an* fo r your kin* expression©# which I greatly appreciate*

Very truly youra,

V


April 15* 1933*

r-er»oml

Dr* Walter Lichtenstein,36 So* Dearborn St*,Chicago, 111*Dear Doctor Lichtenstein:

Thank you very sracfc for your latter of April 13 end for your friendly expressions, which I greatly appreciate*

It waa three weeks ago yesterday that I tendered ny reslgnntion to the F resident* 1 took thie step only after nature consideration, and, with fourteen years of strenuous public Berries behind at, I m looking forward to the prospect of getting aoitft rest and recreation*

Of course, even tbough 1 sr serering ay connection with the Federal reserve eye tern, X ahull hope to here m opportunity to see you from tin* to time in the future*

With beet wishes, 1 anSincerely yours.


April 17* 1*53*

Hr* John 0. umsdele,S&iretiftt ilo-Cowasree Bonk and i’ruot Co*»St* Louis, «*•Scar Mr. Lonsdale:

Thank you. twy much for your lot tor of April 14, and for your $00$ wishes, which I preatly appreciate*

1 here road with m»h interest the editorial in the St. Louis Star end Tiw*a *feieh you were rood enough to send me*

$ith best wishes, I a»Very truly ywre.

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PersonalApril 1** 1935#

Mr* Henry X* Haskell*The Kansas City Star*Kernses City, Mo*Dear £r« Haskell:

Thank you very much for your letter of April 13 and the accompanying editorial from the Senses City Times of the same date*

It was ver; good of you to write to me, and X want you to know that I deeply appreciate the generous expressions contained in the editorial*

It was more than three weeks ago — on March 34 — that I tendered ay resignation to the President* I took this step only after mature consideration* and* with fourteen years of strenuous public service behind me* la® looking forward to the prospect of getting »on» r o o t end re creation*

It has been a pleasure to know you, and 1 hope thet, even though I am leaving the public service, I may have an opportunity to see you occasionally in the future*


T h i s d o c u m e n t i s p r o t e c t e d b y c o p y r i g h t a n d h a s b e e n r e m o v e d .

A u t h o r ( s ) :

A r t i c l e T i t l e : E u g e n e M e y e r , P u b l i c S e r v a n t

J o u r n a l T i t l e : K a n s a s C i t y T i m e s

V o l u m e N u m b e r :

D a t e : A p r i l 1 3 , 1 9 3 3

P a g e N u m b e r s :

I s s u e N u m b e r :


A p r i l 1 7 , 103S#

Fereoneil

Mr# L# declare.Federal Reserve Bank of Kansas City,Kama* City, $o#D e a r Mr# McClure:

Thank you very much for your letter of April IS

and the ©c<3o&penyi»f editorial from the Kansas City Times#I t w a s r e v / g o o d o f you t o T r i t e to nr, and X w e n t

y o u t o k n o w t h a t X d e e p l y a p p r e c i a t e y o u r g e n e r o u s e x p r e s s i o n s #

I t was w o r e t h e e t h r e e * w e e k ® a # o «*• o n M e r a b 24 •• that I tendered my r e s i g n a t i o n t o t h e l r e s i d e n t # X t o o k this a t e p o n l y a f t e r r s a t u r e c o n s i d e r a t i o n , a n d , w i t h f o u r t e e n years o f s t r e n u o u s p u b l i c s e r v i c e b e h i n d ® e , I sue l o o k i n g f o r w a r d t o

t h e p r o s p e c t o f g e t t i n g s o m e r e s t e n d r e c r e a t i o n *

I am sorry that our official relationship is coming

to an end, but I shell hops, of course, to have the pleasure

of seeing you from time to tine in the future#

With a l l pood wishes, X m

Sincerely yours,

C D1C


April 17, 1937*

Peraonal

Mr* Lafayette Haacbett, r . 0 # B o x 1 7 8 8 *

Salt lake City, a tabDear tor* Hanthett:

Thank you w»ry mudb for your letter of April 13*It wee good of you to write to m $ and 1 greatly appreciate your gene roue expressions*

It we* wore tfcsrc three week* ajpo — on ierch 24 •—. that I tendered m y reeigmation to the President* I took this step only after mature consideration, and* with fourteen y*ara of strenuous public aerrice behind mc$ I an looking forward to the prospect of getting a o m rest and recreation*

Of cource, awen tfcougb 1 ea leerinr the public aerrice, I shall hope to beet the pleasure of esc lug you occasionally in the future*

Hth beet wi*he*t I anSincerely yours,


April 17, 1933*

M r * C l a r i c e A * r l a v t i ,900 South tenth St.,Independence, Ht<IHf&r Mr. Dari*:

Please accent my thanks for your letter of April 14, and for your kind expressions, which I *rea*ly appreciate.

*lth best wishes, I am • Tory txuly yours,


April 17, 1&23,

Mr# A# I* Baileyi Manager,L i t t l e ~ o c k B r e a c h F e d e r a l F o e e r r o B a n k ,Little Boefc, AH«Dear Hr* Bailey;

Thank yor rery ®ueh for your letter of April 13, and for your c«iext>u© ej reesione, which 1 erectly appreciate*

With beet el shea, 1 amVexy twly yotire,

c 5 )

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Apr U l?f 1935.

Mr. F.8* Faneher, Governor.F e d e r a l B e e e r v e B a n k ,Cleveland, OhioDear Governor Teacheri

Thank you for your letter of April 14. Itwee food of you to write to ne about ray reel {nation. andI greatly appreciate your kind expressions*

$itfc beat wish ©a, I amSincerely your a.

i

i


April 18, 1933,

Mr* C* A. Luhnov;,Publisher, Trust Companies,Tv© Hector Street,New York City.Dear Mr* Luhnovn

Please accept rry thanks for your letter of April 17, and for your expression of regret in connection vdth my resignation as a member and Governor of the Federal Reserve Board*

>>ith best wishes, I amVery truly yours.


April 18, 1933.

dear Ton*Thank you very much for your note of April 14,

and for your generous expressions, -which I deeply appreciate.

It was more than three weeks ago - on March 24 - that I tender o’ iry resignation to the President. I took this step only after nature consideration, and with fourteen years of strenuous public service behind me, 1 am looking forward to the prospect not only of getting sane rest and recreation, but also of being able to devote more time to my family.

A lot of things have happened since 1921 when we first came in contact with eaoh other. I have enjoyed knowing you and, even though I am leaving the public

/

service, I shall certainly hope to have the opportunity to se< you from time to time in the future.

I am glad to have the clipping from the


Minneapolis paper* and I shall take pleasure in showing it to Mrs* Meyor*

John Ryan’s sudden passing distressed me greatly, He was intelligent and forward-l&oking* and I valued his friendship highly*

With cordial regards and best vdshes, I m

Slnoerely yours.

Mr* Thomas A. Marlow,First National Bank & Trust Co** Helena* Montana*


April 18, 1923.

L»a°isl

Trot wear Felix Frankfurter,Lev Sifeool of Harvard University,Cambridge, &esa*

Hy dear Felix:

Thank you very much for your letter of April 15 and

for your generous expressions, which X greatly appreciate*

It was on Pareto 24 more than three weeks ago — that

I tendered my resignation to the President* X took this step only

after mature consideration, and, with fourteen years of strenuous

public service behind me, I am looking forward to the jroapect

not only of getting soma rest and recreation, but of being able

to devote raort time to ay family,

1 agree fully with you that public service does not neces*

sarlly mean public office , and I shall always be interested, of

course, in matters of public concern*

I hope to haw a chance to see you sometime soon*

With cordial regards end best wishes, X am

Sincerely yours,


April 18, 1933,

My dear Mr* Languor thy i

Thank you very much for your letter of Ajrll 15 and for your generous expressions, which I greatly appreciate*

It was more than three weeks ago - on March 24 - that I tendered my resignation to the President. I took this step only after mature consideration, and with fourteen years of strenuous public service behind mo, I am looking forward to the nrospoot rot only of getting some rest and recreation, but also of being able to devote more time to my family.

1 have enjoyed knowing you during the past si* years, and I shall hope that, oven though I am leaving thepublic service, 1 may have the opportunity to see you from time to tlmo ixi the future.

I am glad to have the editorial from the Kansas City Times, and thank you for sending it to me. Such


expressions are, of course, very gratifying#With cordial regards and best wishes, X an

Sincerely yours,


April 19, 1933,

Mr# Chcrles L, Cobb|The I eo pie- a Kationel Ba&k,seek mil, $. e,

Deer Bar, Oobb:Please accept mj then Vo for your letter

of April 17 end for your kind expressions, which I greatly appreciate,

kith beet wishes, I amVery truly yours,


Personal April 20, 1933.

Miss Kellie Kewnark,Hoorn 417, The Lincoln,Lincoln, Nebraska.My doar Miss Hovmark:

I received your very kind letter of April 17 with the clipping from the Linooln Sunday Journal and Star of April 16. I appreciate your kind thought in sending it to me.

With reference to my work in 1921, to which the article refers, it may interest you to know that both houses of the Nebraska Legislature passe I a resolution thanking me for what I had done for the farmers of that State, I am sending you a oopy of the resolution herewith.

I am sorry I did not have the pleasure of meeting you when I was in Lincoln in the summer of 1927. I was only there for a short tine during the day, and talked with the Governor and seme other folks about the barking situ action.At that tine I was not on the Federal Reserve Board, but was Commissioner of the Federal Farm Loan Board. The Governor, however, asked me to talk with him about banking natters, and, as a matter of courtesy, I went to Linooln and met him and seme other prominent citizens.

Of course, I remember hearing of your father from


m2m

my mother, but I camot truthfully aay that I r(member ever having seen him*

With kindest regards and all good wishes, 1 amSincerely yours.

Sncl


ms X fislslw^soi^fxw

Versorml fiwt

&r* O e o . J * Sehaller* President*The Cttisens FI ret national I^eok, tftorm Lake* Iwa

Lacvr BSr* Schaller:

Thank you wry swab for your letter of Atarll V?#

It wee very good of yew to write to me* end I went

you to know that I greatly appreciate your kind expression*

end good wltfies#

It wee four weeks ago today "arch &4 — that I

tendered my resignation to the resident# I took this step

only after lanture ooo si deration* end* with fourteen years o f

strenuous public service behind rae# i «a looking forward to

the prospect of getting: some rest and recreation#

Iven though I m* severing my connection with the

Federal Reserve System, I shall hope to have the pleeaure of

seeing you occasionally in the future#


mr&riiiiZIi xarvly yours* ■

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April 21, 1953*

Jr* idmnd Matt, ft120 Broadway, mm York, K* Y.

Dear Mr* Plattt >

Thank you for your letter of April 18 and for your expression of regret in connection with niy resignation «• Governor of the Federal fee**** Board*

It was fbur week* ago today <■* Tarch 24 — that I tendered ny resignation to the rreel dent* I took thie etep only after nature consideration, and, with fourteen year® of strenuous public serf ice behind sse, I m lookinf forward to the prospect of getting ease rest

and recreation*I hare noted what you say about the Class Bill* Without

undertaking to discuss the natter, I may say that I do not think that the mere introduction of a bill incorporating tbe views of the Board, which were presented a year ego both orally and in writing, would have chafed the situation in any respect.

With best wishes, I mVery truly yours,

C D\rDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

!creons1April 31, 1933#

ftr# vood Kethcrlend, President,Federal Lend Bank of St# Louis,St. Louis, :’o#Dear tir» Aether!and:

Thank you tea* your letter of April 17 and far

your generous expressions, whicL I greatly appreciate#It me faur weeks ago today — ‘arch 34 that

I tendered my resignation to the resident. I took this step only after mature constderation, and, with fourteen years of strenuous public service behind m 9 I m looking

eforward to the prospect of getting some rest and re<p ration* Of couree, even though I em leaving the public

service, I shall hope to hove tbs opportunity to see you from tfene to tia® in the future#

With cordial regards and beet wishes, I ea

Sincerely yours,


,}

PQTBOiml

Ur* G\ T* Jeffrey, President,Minneapolis, St. Paul Jt Saolt 8te* Marie Pwy* Co., Minneapolis, Minn*Dear Mr* Jeffrey:

hanV you very much for your note of April 17 end for :our peneToue expressions, which I greatly appreciate*

It wee four weeks ago today — Merab 24 — ► that I tendered ray resignation to tbe President. I took this step only after mature const deration, end, with fourteen year® of strenuous public service behind me, I m looking forward to the prospect of getting some rest and recreation*

I have always as joyed ray contact s with you during the past 13 years, and, even though I m leaving the public service, I shall expect to have the pleasure of seeing you from tirre to time in the future*

With cordial regards and best wishes, X amSincerely yours,

April 31, 19S3.


I

April 21, 1932.

Peraonal

Mr* Oeoar ewton,federal fteeerve Bank of Atlanta,Atlanta, Ga*Dear Hrw 1'ewton:

Thank you very much for your letter of tvjsrll 1? and for your generous expressions, riiloh I greatly appreciate*

It was four wecke »fo today — March 2 4 *— that I tendered my resignation to the President* I took thla step only eft»:r mature eonsideretion, and, with fourteen years of strenuous public service behind me, I an looking forward to the prospect of getting some rest and recreation*

Of course, even though X am severing my connection

with the Federal Reserve System, I i&ell hope to have the plea-

aura at seeing you from time to time*With cordial regcrdn and bast vlshes, I am

Sincerely youre.


April 21t 193?*

Tasya*l r, Lou Iff Wiley,The tiew York Times,Times Sq.ua re, •New York, H. Y. .Deer ;t*r. Wiley:

Thcnk you very much for your letter of April 14#

It wee w r y good of you to write to me, end X want you

to know that X deeply appreciate your generou* expressions and good

wishes*It wee four weeks ago today •«* Pareto 24 •«* that I tendered

my resignation to the President* I took this step only after mature

eons id erst ion, and, with fourteen year* of strenuous public service behind me, I am looking forward to the prospect of getting some rest and recreation*

fith cordlsl regard*, in which Mrs* Ke ^ r joins, and with

the hope that we may see more of you in the future, I assincerely your*,


April M » lt»S.

>ersoBsl

Wr# George C* Bolnberg,tforthweeterc Hatlocal Life Insurance Company,lnneepolie, Kian#Dear Ooree:

Thmfr you very much for your loiter of April £0, end for ymrr gereioue expression*, which I greatly appreciate,

I have no plena exceut to demote more tier to ®y family

c&d to get some re*t end recreation* I feel that I am entitled

to that after t* long r^riod of retter strenuous public cerric# *

Of course, arse though I e® leaving t h e public service,

X shall aspect to have the pleasure of eeeisr you from tine to

tine in the future.$ith cardial regard* and beat ’■fishes, I «a

Sincerely yours,


April 24, 1933

Mr* Carl Weil,National Bank of Commerce,Lincoln, NebraskaDear Mr* Weil:

Thank you very much for your letter of April 20 and the accompanying editorial from the Lincoln Journal of April 16*

It was more than four weeks ago — on March 24 — that9

I tendered my resignation to the President. I took this step only after mature consideration and, with fourteen years of strenuous public service behind me, I m. looking forward to the prospect of getting some rest and recreation.

I have read Mr. Lawrence’s editorial with interest. It brought to my mind the resulution that was adopted by the Nebraska Legislature on February 27, 1922. You have perhaps forgotten all about this, and I am sending you a copy of the resolution, with the thought that you might be interested in glancing over it after the lapse of all these years.

With best wishes, I am

Personal

Very truly yours,


April 24, 1932*

Item Howard 3* Cana,270 E d i s o n At ®* ,Kew Tor^t F. T.Kfy dear Howard:

ThanV you Tory rcuch for your latter of April twenty-e&cond and fbr your pencrouo expressions, which X freetly appreciate#

It wa® m or* than four week® apo — on sfaroh 24 — that 1 tendered my reaifnotlon to th® ; resident* I took tfcia step only after rature consideration, and, with fourteen years of strenuous public serrlce behind on, 1 am Icokinf forward to the prospect of wttiap some rest and rcereation*

With beet wishes, X amSincerely yours,


April 24, 1933

Mr. A. Kopperud,5110 Capitol Ave.,Omaha, NebraskaDear Mr. Kopperud:

Thank you for your letters of April 19 and for your generous expressions, which I greatly appreciate.

It was more than four weeks ago — on March 24 — that I tendered my resignation to the President. I took this step only after mature consideration and,with fourteen years of strenuous public service behind me,I am looking forward to the prospect of getting some rest and recreation.

With respect to the inquiry contained in your second letter, I do not feel that I am in a position to give you any helpful suggestions or advice, as I have not been in close touch with recent developments in connection with the Federal land bank system, nor am I in contact with the officers and directors of life insurance companies which have been doing a large farm loan business.

With all good wishes, and with the hope that I may have an opportunity to see you occasionally in the future, I am

Very truly yours.

Personal

Governor


April 25, 1903

Mr. Fred. H* Bixby,Pgncho Los Alamitos,Long Beach, CaliforniaMy dear Fred:

Thank you for your letter of April 19.I a m glad to know that the news of my resignation has perco

lated to Long Beach. I tendered it to the President a month ago yesterday, but it was not until April 12 that it became publicly known. I took this step only after mature consideration* and I am thoroughly convinced that it was the right thing for me to do under all the circumstances. The President asked me to carry on until my successor could be selected. When that will be, I don’t know, but I am anxious to be released, and I hope that I will be at an early date. With fourteen years of strenuous public

Iservice behind me, I «d looking forward to the proppect not only of getting some rest and recreation, but also of being able to devote more time to my family, and to see more of my friends.

Someone gave you erroneous information when they told you that I was quite "cranky"• As you know, I am one of the most amiable persons that ever lived. Of course, my work with the Reconstruction Finance Corporation was a tremendous strain, and it became increasingly apparent that I could not be in two places at the same time. Finally I succeeded in persuading the President to take the necessary action to relieve me of

Personal


double duty, and when that was done, I succeeded in getting some re st.

I spent some time with the family a t Mount Kisco la st summer, and also

had a ten day yachting cruise o ff the New England coast.

I haven’ t any idea now when I w ill get to C alifornia. There

is a p o ssib ility that I may get there this summer — but only a p o ssib ility

I f I do, I w ill keep your cordial invitation in mind, and perhaps I may be

able to run down to Long Beach to see you and a ll the other Bixbys. But

don’ t buy any new glasses until you hear further from me.

With a l l good wishes, in which Mrs. Meyer jo in s, I am

Sincerely yours,


April 25, 1903

Personal

Mr* Thomas P# Martin,Box 968,Oklahoma City, Okla*

Dear Mr. Martin:

Pleaae accept my thanks fbr your le tte r

of April 22 and for your kind expressions, itoich I

greatly appreciate.

Very tm ly yours,

Governor


~ arsons 1Mtgr ft» 19®S*

Mr* yeses Bruce,B e lt i^ r e Trust Company*Beltinor©, '•$•

Dear Mr* Bruce:

Thank you very much for your note of

April 27# It was very food of you to write to me*

and I fro a tly appreciate your eanorous expressions*

t r m thourb l m leaving the public service*

I cb all hope to have the pleasure of seeing you oc

ca sio n a l:' in the future*

9 i t h best wishes, 1 m

Sincerely yours.


4, 1953#

L t m m l

Sir* A* 0# Wilson, Vice President, tfiasiaaippi Valley Trust Co*,St# Louis, Ho# •Dear Hr* Wilson:

Thank you vary much for your 1st ter of ay 1and for your feserou* express! cni*, which I rraatly appre- data#

It was nears than a 3»ath a#o — on Me ref: 84 — that I tendered my resignation to the President. I took this step ot&y after Picture eonai deration and, after fourteen years of strenuous public service, I arc looking forward to the prospect of getting soise rest and recreation*

Of course, even though I aw leaving the public service, I shall hope to have an opportunity to see you occasionally in the future*

tfith all food wishes, 1 eraSincerely yours,


lo ‘teckuun. a to* |*©Ye*t uot doldw of tX*l*io lifts sdT

\

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Yasser Collar#Fouyhiceepeie, K* Y# • ssifeiw boo VI Is At wk a!o(My dear ^Xa^a an : -

Thank you very much for your note of Vtty 1 , *bieh

X found on say desk when I returned to the o ffice today a fter

a b rie f absence*

It m o fine of you to write to me, and I a n sure

you know, without ay aeyinf *o# that I deeply appreciate your

friendly erpree&ione.

With fourteen yeare of strenuous public service

behind me, X looking forward with pleasure end antiafaction

not only to the prospect of fe tt in r sows rest and recreation,

but also to the prospect o f bain*? *fel# to devote more tls» to

ay ffisaily and of aeeine wore of ay rood frienda like you*


The editor isle to which you refer, end a nuafcer of otbara ttet hare eppetrad in different ports of th© country, natural ly are tJPylap* they help to raefce one feel thathis efforts ere not ell in wain*

I hope thrt we nay hare a chance to see you sometime9ioJtys? dtvH amtU

soon. la in 2te*r York now, but if she wewrlere she wimldv ,et»XXo3 tee 33V

join h» in all «rood wishes. •* •* ssls$s«to3wo?Oineerely yours,"J

del dr ,X to efoa wmot io l rfow* T**®* not daeifT

wefts XBbot so mo edf of bs«Tw/*T I asriw <esb T* 30 baool 1

.soceade laHd aen/e «s I 6fl* f em of effnr of mo* to as ft aew #1

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.MOT t i l l s te a m boot to “to #*iok toieea to bee T ^ a s t W


May 4 , 1933*

Dear Mrs, Hamlin*

.*hile I did not really intend to pres 3 you

to the point of writing me actually, I wanted to twit

you about not writix^g me, and now I oannot do it axy

more.

Washington is in the separation from some of our good

frionds. You and Ur, Hamlin have always been counted

not to ll you that both o f you w ill have our continued

affection and friendship.

One of the saddest "tilings about our leaving

among tiiosi$ we most affectionately regard, I need

M rdial greetings to you both, I am

Sincerely yours.

Mrs, Charles S» Hamlin, Hay-Adams House,

Washington,!), C,


m ? e #SfSOS Je ISMJf'30'S.n o# 'X'fW'fOl ^flHoC‘1iSEKBBl •aclisevcet bo© iaen ■ty« J• '.see# >|i : fjj • ? -.i _:t'■>Federal 1 ©serve Bank,

f«J(e a,;Dear ?t * Case:

Thank you for your letter of ay 8*It w?2# rood of you to write to me, and

x greatly appreciate your kind expressions and pood wishes* It ie gratifying to know that, in your opinion, we hare succeeded in build!nr up a comp©- tent technical staff to aid the Board in dealing with the increasingly difficult problems that are arising*

I bed expected to retire from the Board not later than ay &* but X wae asked to remain e few days longer* end my eervic© hare will probably terminate or the tenth* With fourteen years of strenuous public service behind m , I have been


•5891 ,9looking forward to the prospect of gottine non*

xy.oyiyj.rest and recreation*

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t£****al&

Porao n t l

1 '•***%?%<

My dear >ted:Thank ye-x r w y «**

of you to write to me, sni I want yfta -to v i& i deeply# #U #Cl deafappreciate your generous expressions#

It waa only after anture consideration that I tendered my reeignation to the I resident on V-arch 24* Under ell the circumstances, it was clearly the right step for me to take. With fourteen years of strenuous public service behind me, l hare been looking forward to the prospect of getting some rest and recreation and of being able to devote more time to my fmily#

One of the pleasures of living in lashing ton hoe been tfc© opportunity that it gave us to know you and re# Burling, end ire shall not only count upon your continued friendship, but we shall expect to see you both from timeto time in the future#


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May 8, 1953*

rersoual

JUr# •'«'* Martin, > re«ifloat,‘aaonic Ko»e of Missouri,

St. Louie, o* sra i ,09itRiv reed >ltf-

Dear tfr« t i n e cat

'"tam** ?«>i for your le tte r of ’ ey 4 end

for your pea©roue expressions, wfcloh 1 free tly ap

preciate*

It was or* Vtarsh 84 tfeet X teir-srefl myI

resignation to the President* I t o o k th is stop

only after mature consideration and, with fourteen

years of public service behind me, I here been look

ing forward to' the prospect of gsttln* som rest end

recreation*

I nope that ewer; thin? is poinp well with

you these flays, and that I may have sn opportunity

to see you occasionally in the future*


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Personal May 0 , 1933

Honorable Kay Lyman Vvilbur,President, Stanford University,Stanford University, California*

% dear Wilbur»

I t was good o f you to tako the trouble to write

mo, and ! rs» lleyor and I both appreciate your personal greetings*

I t is a matter o f real rogret to me that during

the past four years, while v* were working in the same tovm -

although in separate cubby-holes - time did not permit me to

cultivate more assiduously the opportunities for personal relations

and friendships with people lik e you and Mrs# V, ilb u r, wham both

Mrs* Meyer and I consider so v.’orth^while*v • - '

I decided to retire because, from so many points

o' view, i t was the obvious thing to do, I have always endeavored

to ranember that public service d ll not consist merely in holding public

o ffio e , but rather in discharging some important and useful function

in the public interest* Under the conditions that now prevail I

fe l t that I was beginning to be ju st an office -h old er, and that

circumstances were not favorable to the exorcise o f ary a b ilitie s

that 1 may possess*

Therefore, finding myself in a situation \diore I

oould not help to determine vhat the Koosevelt dollar should be

liiio , I deemed i t advisable not to appear to be in a position whore

I could* Furthermore, after nearly sixtoen yenrs in Washington


3»

I desired le ss strenuous resp on sib ilities, greater le isu re , and more

time vdth the children, who are growing up and entitled to nore o f

my tine*

So, I m looking forward to leading a happy l i f e . I m.

quite oonfident that the country, with its inherent strength, i t s

natural resources, and i t s fine men and -omen, w ill survive the

shooks o f these troublous tin os*

I hope that Fate w ill bring you our way or take us yours

at reasonably frequent intervals*

Please give ®y very cordial regards to Urs* \ ilbu r, and

believe me, as ever

Sincerely yours,

signed) tu?en8Never


*

May 13, 1933*

Mr* John M. M iller, Jr. ,F irst and Merchants Motional Bank,Richmond, Virginia

Dear Mr. M iller:

I have been out. of the c ity fo r a few days and

this is the f i r s t opportunity I have had to thank you for

your le tter of May 10 and far your friendly expressions,

• which I greatly apnreciate.

My resignation as Governor and member of the

Federal Reserve Board became effectiv e on May 10, and I

am enjoying the freedom from o ff ic ia l responsibility , after

fourteen years of rather strenuous public service.

It has been a pleasure to know you, and I hope

that even though I have severed my connection with the

Federal Reserve System, I may have an opportunity to see

you from time to time in the future.

Sincerely yours,

(Si£ned) % e M MeM i



May 13, 1933.

Mr. Henry Esberg,270 Madi son Avenue,New York City.

My dear Henry:

I have been out o f the city fbr a few days, and this

is the f i r s t opportunity I have had to thank you for your note o f

Lay 8, which was addressed to me at Mount Kisco.

I t T/as good of you to write to me and I greatly appre

ciate your friendly expressions.

I retired from the Federal Heserve Board on May 10. I

had expected to get away by May 6, but the President asked me to

stay a few days longer and I agreed to do so. After fourteen

years of strenuous public service I must say that I an enjoying the

freedom from o ff ic ia l responsibility .

Two of the children are in school here and, in the circum-

stanoes, we w ill not go to Mount Kisco u n til later on in the month.

I , too, hope that we may- then have the pleasure of seeing you more

frequently.

With a ll good wishes, in which Mrs. Meyer jo in s, I am

Sincerely yours.

(Signed) Eugene Meyer


Mr* Eugene M. Stevens,Federal Reserve Bonk of Chicago,Chicago, I llin o is*

Dear Mr* Stevensi

I have been out of the c ity for several days

and th is is the f ir s t opportunity I have had to thank

you fo r your note of May 16 and for your kind expressions,

"which I greatly appreciate.

% service as Governor and member of the Federal

Reserve Board terminated on I.5ay 10. I tendered msr' resigna

tion to the President on March 24 and had hoped to get

away shortly thereafter, but things did not work out that

way. Jfy resignation fin a lly was accepted to take e ffect

on the tenth, and since that time I have been thoroughly

enjoying the freedom from o ff ic ia l responsibility*

With best wishes, I am✓

Very tru ly yours.

Uigned) Eugene Meyer


Personal*

Mr* Charles S. McCain,The Chase National Bank,New York, N* Y*My dear Mr* Me Cain i

I have been out of the city for several days and this is the first opportunity I have had to thank you for your kind note of May 18* It was good of you to write to me and I greatly appreciate your friendly expressions*

}Sy service as Governor and member of the Federal Reserve Board ended on May 10* I tendered ray resignation to the President an March 24, and I had hoped to get away earlier than May 10, but the President asked me to remain until that date and I agreed to do so*

I must say that, after fourteen years of strenuous public service, I am enjoying the freedom from offioial respons ibility*

I shall, of course, hope to have the pleasure of seeing you from time to time in the future*

VflLth cordial regards, I amSincerely yours,

^ i'-cdj Eugene Meyer' /


P e r s o n a l A I < 0 4 .

Hon. Harvey C. Couoh,Reconstruction Finance Corporation,Washington, D. c.% dear Mr* Coucht

I have been out of the oity for a few days and this is the first opportunity I have had to thank you for your not© of May 13* It was good of you to write to me, and I greatly appreciate your generous expressions.

After fourteen years of strenuous public service,I asu enjoying the freedom from o f fic ia l resp o n sib ility .

-hen the reporters asked me the other day what 1 expected to do, I told then that I was going to return to sy real avocation that of an apple grower in Westchester County. The Yaklna Valley raises an excellent variety of apples, but, of course, its product cannot compare with what wo grow up in our part of the country.

With best wishes, I amSincerely yourB,

(signed) Eugwie Mayef


May 24 , 1933

Mr. Gordon Rentcshler National City Bank of New York,New York City

Dear GordonsI have been out of the city for a few days, and

this is the first opportunity I have had to thank you for your note of May 11*

I an glad to know that you are good at picking Apples and even better at making cider* I an placing your application on file and when the picking season rolls around, I will see that it is given the most thoughtful and careful consideration \

I hope, though, to see something of you before that time*

With cordial regards, I anSincerely yours.

r % 8r


hfy dear BeniI have been out of the oity for a few days,

and this is the first opportunity I have had to thank you for your note of May 11, and for your friendly expressions, which I greatly appreciate#

I hare enjoyed the contacts with you during the past few years and X sincerely hope that our paths will continue to cross often in the future#

I can readily understand the considerations ■which led you to refrain frora entering official life in Washington*

With cordial regards and best wishes, I am Sincerely yours,

\wi£r«t&J Eugene Meye(»'

Mr*3. Howell Griswold, Jr., Alexander Brown & Sons,

Baltimore, Maryland*


Miss Kate T il son,87 Barrow Street,Hew York City,Dear Hiss Wilsons

Keny thanke for your note of May 11, which I received when I return© to Washington after an absence of several days*

ity resignation became effective on May 10 and since then I have been thoroughly enjoying the freedom from official responsibility,

I spent the week-end at Seven Springs Farm and the place seems more attractive than ever.

With best wishes, I amSincerely yours,

vwigricr0 uLgene fi/iey$r.


George R. Cooksey# Esq*#3340 Sixteenth St., H* 7v.#7kshingfcon,D* C.

Ify dear GeorgesYour letter of Hay 15 came last week while I

was out of the city and this is the first opportunity I have had to thank you for it* You are entirely too generous in what you say about me and my work for the government# but# nevertheless# it is good to receive such expressions as yours and I went you to know that I deeply appreciate them.

I shall hope to have the pleasure of seeingyou soon*

With warm regard and all good wishes, I am Sincerely yours,

w Eugene Meyec


Personal o ? ^ / 9 S i

Ger&rd Swope, 2sq«,The Croft,Ossining, Hew York#My dear Gerard Swope*

Yfaen 1 returned to Y shington today, I found on my desk your note of May 10, forwarded here from Mount Kisco*

I need not tell you that I greatly appreciate your friendly expressions and kind welcome back to Westchester County* When the reporters asked me the other day what I expected to do, I told them that I thought they were entitled to know and that I Intended to return to ay real avocation - that of a grower of fine apples* I did not tell then then, although I might have added that I planned to raise apples for the "apple sauce" market in Washington and that I did not anticipate any difficulty in disposing of my entire output I

After fourteen years of strenuous public service, I must say that I am enjoying the freedom from official responsibility, und when we move up to Mount Kisco a little later on, we shall hope to have the pleasure of seeing you and Mrs* Swope frequently.

With all good wishes, I amSincerely yours,

U^ued) Eugene Meyer,


P e rso n a l* June 1 , 1933

Hr. F. W. Therms,First National Bank of Omaha,Omaha, Nebraska*Dear Hr* Thomas» y

I have been out of the oity for a few days and this is the first opportunity X have had to thank you for your letter of May 25,

It was good of you to write to me and 1 greatly appreciate your friendly expressions*

Although I tendered qy resignation to the President on March 24 and had hoped to get away shortly thereafter, my service did not terminate until May 10* Since then I have been getting some rest and I must soy that, after fourteen years of strenuous public service, I am thoroughly enjoying the freedom from official responsibility*

I hope that everything is going well with you and I shall, of course, look forward to the pleasure of seeing you occasionally in the future even though I an no longer in the Government service*

7.1th best wishos, I amSincerely yours,


T r a d e s m e n s N a t i o n a l B a n k a n d T r u s t C o m p a n yH O W A R D A . L O E B

CHAIRMAN 3 2 0 C H E S T N U T S T R E E T 1 4 2 0 - 2 2 W A L N U T S T R E E T

5 6 1 A G E R M A N T O W N A V E N U E B R O A D A N D L O U D E N S T R E E T S

9 S O U T H F I F T Y - S E C O N D S T R E E T

H . W G O O D A L LP R E S ID E N T

O FFI CE OF

H O W A R D A . L O E B

CHAIRMAN

P h i l a d e l p h i aC A B L E A D D R E S S

" T R A B A N K ”

A p ril 1 2 , 1 9 3 3

My d e a r G overnor M eyer,

I t was w ith gen u in e r e g r e t t h a t I le a r n e d to d ay t h a t you a r e r e s ig n in g as G overnor o f th e F e d e r a l R eserv e B o ard . W hile to me i t i s a l o s s o f a c o n ta c t t h a t I b o th r e s p e c te d and e n jo y e d , to th e F e d e r a l R eserv e System i t i s much more v i t a l .D uring th e p e rio d t h a t I have been p r iv i le g e d to work w ith y o u , I have alw ays been f ra n k in t e l l i n g you o f th e h ig h p u rp o se s to w hich, in my ju d g m en t, th e a c t i v i t i e s o f th e Board sh o u ld be d i r e c t e d . ¥ou were alw ays s y m p a th e tic . Your a d m in is t r a t io n d u rin g a p e r io d o f u n p re c e d e n te d d i f f i c u l t i e s so c lo s e ly ap p ro ach ed my i d e a l s , t h a t x view .v ith a p p re h e n sio n th e in t r o d u c t io n o f new e le m e n ts .

May I e n t e r t a i n th e hope t h a tour p a th s in th e f u t u r e may f r e q u e n t ly c r o s s , so t h a t I may have th e p le a s u r e o f g r e e t in g y o u .

W ith k in d e s t r e g a r d s , I am

The R o n o rab le Eugene Me y e r , The F e d e r a l R eserv e B o ard , W ashington, D. C.

APR 13 1933o p t h e o n

Address Reply To 320 Chestnut Street


H O W A R D B R U C EBALTIM ORE

W E D N E S D A Y APRIL TWELFTH 1 9 5 3 .

Dear Mr* Meyer:Having some knowledge of the pressure

under which you have worked for the past year or two, my first impulse is to congratulate you upon the fact that you are leaving Y/ashington. However, this is immediately followed ty a feeling of extreme regret that the one person from whom I have always felt I could get a sympathetic hearing is leaving Washington.


Mr. Eugene Meyerc/o Federal Reserve Board

Washington, D. C.


T E L E G R A M

FEDERAL RESERVE SYSTEM(LEASED WIRE SERVICE)

R E C E IV E D A T W A S H IN G T O N , D . C.16— 794

£4gbMinneapolis Apl 12 952am

Eugene MeyerWashn

Am very sorry indeed to get the news of your resignation not only from standpoint of the System but personally as well.

Geery1105am

APR 12 1933OFFlw J7 THL GOVERNOR FEDER/iL RESERVE BOARD

V % m y r t s a office jw s 16— 794


W . N . S T R O M E N G E R

35 E. BALTIMORE ST. BALTIMOR E, MD.

April 12, 1935,

Governor Eugene Meyer,Washington, D. C. -

Dear Governor Meyer,

You may or may not recall the v/riter.Nevertheless he wants you to know that

he is among those who the New York Times says ’’Feel that the Government will suffer a severe loss when he (you) finally gives up active service*”

WNS

Very truly yours,

APR 13 1933v'^RNOR . jOARD


fflrxi. (Earl SrapUuta Sliuurr 1 5 0 Sunt Jlaiuut&f Aurttm*

EwjleuuniJi, 5mu Slmirif


T h o m a s C af*^^»o w e l l33 E A S T B E L L E V U E P L A C E

C H I C A G O , I L L I N O I S T E L . S U P E R IO R 7 1 7 5

April 11th 1933

Mr. Eugene Meyer Jr.Governor of the Federal Reserve Board.Washington, D.C.

Dear Mr. Meyer;-Am sorry to see that the

exigencies of politics, and perhaps your own wishlead to your resigning as Governor of the Boadd.

Never did this Country need the support of itsexperienced men as it does now. I am reminded ofthe words of Napoleon to his Council of State----

have**We must eyes only for what is real and practicable in the application of principles, and not for the speculative and hypothetical’*.

I am afraid the latter ideas predominate now.

.S. I hope you ill bring W.R.

Burgess’ ’’The Reserve Banks’* up to date. TCP One-time Director of

Capital Exp. U.S.RR Admn. and later V.P. of Erie.


H . G . M O I TL T O N

20 PINE STREET N E W Y O R K

April 12, 1933.

Honorable Eugene Meyer, 1624 Crescent Place, Washington, D. C.Dear Mr. Meyer:

I was indeed happy to read the newsthis morning and to learn that you are definitely through in Washington and will be back with us again. I also take this occasion to congratulate you on your splendid service to the Government over a period of nearly sixteen years.

ahead. The world is in a period of turmoil and it is apparent that here, as abroad, new theories of government will be tested in practice. I distrust and regret the changes which I feel are impending.

to blame for the difficulties of the present and the uncertainties of the future, and I suppose we must all suffer for the sins of the railroads, public utilities and banks. Under the conditions which will confront us, it is probable that more can be done from the outside than from the inside.

services in the past and my best wishes for your activities in the future.

It may be that there are great changes

Private enterprise is in large measure

I offer my congratulations for your

Sincerely yours,

HGM/hwp


W h i t n e y N a t i o n a l B a n k

O F N E W O R L E A N S

CHAS. DE B. CLAIBORNEVICE-PRESIDENT

April 12, 1933.

Ur. Eugene Meyer,Governor Federal Reserve Board, Washington, D . C.

Bear Mr. Meyer:

Our evening paper, "THE DAILY STATES", carries the announcement that you have resigned as Governor of the Federal Reserve Board and desire to return to private business. It is with regret that I note this action on your part, as I have always looked upon you as one of the outstanding American citizens and as one who has devoted many years of his life to give service to the public and I am sure at a great sacrif ice.

It is at times like these that we need men of your type. I yield, however, to your better judgment and I know it is for reasons better known to yourself that you have come to this conclusion.

Hoping that our long friendship will continue and that I will have the pleasure of seeing you again, I remain

Yours very truly,

■V-r'JTT" j r o ident.CdeBC-F.


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C L I N T O N S . L U T K I N S

6 8 W I L L I A M S T R E E T

N E W Y O R K

April twelfth Nineteen thirty-three

Dear Mr. Meyer:

It is indeed regrettable that the country is to lose the benefit of your valued services but I can well understand your desire to be relieved of the responsibilities which you have been so ably carrying during the trying times through which we have been going,

The sacrifice you have made in serving your country has been of an unusual nature, but the satisfaction of having done a big job in a big way must indeed be great.

I am hopeful that, with your return to private life, I will again have the pleasure of seeing you from time to time.

With very kindest regards, I am

Faithfully yours,

Hon. Eugene Meyer 1624 Crescent Place Washington, D. C.


F R A N K U . M U R P H Y

4 2 B R O A D W A Y

N E W Y O R K

April 12th, 1933.

Hon. Eugene Meyer, 1624 Crescent Place, Washington, D. C.

Dear Gene:

I have read in the papers this morning of your resignation, and strange to say, I am delighted to think that you have begun to give f i r s t consideration to yours e l f and your family. Up to now you have been so unselfish with everybody and working so hard that i f you were to continue, i t would only result in a young man being an old man •

Presume that you w ill be in New York shortly, and of course, I w il l be delighted to see you. Just give me a ring, so I can run over and say ! hellof .

With kindest regards, I am,

Faithfully


E x tr a c t from l e t t e r to G eorge R. Jam es, d a te d A p r i l 1 2 , 1 9 3 3 , from

John S . W ood, Chairman and F e d e r a l R eserv e A gent a t S t , L o u is , Mo.

**We were very much disappointed to read in the morning papers that Governor Meyer has tendered his resignation. His leadership has been intelligent and courageous. I think the System has sustained a real loss in his resignation. At the meeting of the Executive Committee this morning, all present expressed their regret at his decision to resign. I hope that you can see your way clear to continue in the service. Now is the time when men of courage are needed in the administration of the affairs of theSystem.**


Extract from letter to George R. James, dated April 13, from Paul Dillard, of Dillard & Coffin Co., cotton factors, Memphis, Tenn., a director of the Federal Reserve Bank of St, Louis, Mo,

nI regret to see Governor Me^r's resignation. I believe his to be the sanest mind in America engaged in banking and its allied probl^is."


T H E D I R E C T O R G E N E R A L P A N A M E R I C A N U N I O N

W A S H I N G T O N , D . C ,

*pril 13, 1933.

1/Sy dear Governor:

It is a source of great regret to your many friends to see you withdraw from the Governorship of the Federal Heserve 3oard. It must, on the other hand, he a source of great satisfaction to you to look hack upon the years of devoted service which you have given to the Government* we are all under many obligations to you.

Host sincerely yours

Hon. Eugene Meyer,1624 Orescent Place, lu W., Y/ashington.


I

63 W all S treet N e w Y o r k

April 1 3 ,1 9 3 3

Dear Eugene

I am terribly sorry that you areresigning. It is to my mind a real loss to the country and a setback in our chances of recovery to have you leave the Reserve Board,- I have no idea what i t may mean. I do not know where the man is who would do that job as well as you would. I hope i t is a l l in accord with what you want. I am sorry I have not seen you more frequently during this period as I should like to have had a chance as an outsider looking in to compare points of view with an insider looking out.

Hoping to see you soon and with a l l good wishes, as always,

Sincerely yours

Hon. Eugene Meyer Washington, D.C.

7


C b l P P O K l k K . C A K V H I t

3 B W A T B R S T M U T

A p ril 13th , 1933.

My dear Governor:

I am disappointed to see by thep ress that you have resigned as Governor of the Federal Reserve, fo r I sun one of the countless number that have had much confidence in your guidance o f the Federal Reserve through the economic periods which have been unequalled in the w orld 's h is to r y , and I fe e l that the President had much need o f such a ssista n ce as you have been able to render. My thanks as a c it iz e n g< >rts whichyou have i

hoping to see you some time in the nearWith kind personal regards stfid

fu tu re ,

Most s in ce re ly ,

OTTO: ^

Eugene Meyer, E sq ., Governor, Federal Reserve Board, Washington, D. C.


L . H a x c h e t t

1 * 0 . J $ O X 1 7 8 8

S a l t L a k e C i t y

A p ril 13 , 1933.

Mr. Eugene Meyer,Chairman of Federal Reserve Board, Washington, D. C.

Bear Mr. Meyer:

I have ju st read with sincere re g re t, the A ssociated Press announcement of your resign ation as Chairman of Federal Reserve Board.

My admiration of you has been increased because of your u n se lfish , splendid public se r v ic e , which I knew was rendered in a genuinely p a tr io tic s p i r i t .. Your career,so abundantly f i l l e d with unusual andimportant experiences, coupled with your natural g i f t to act d e c is iv e ly , has made you an ideal Chairman of the Federal Reserve Board.

to ld that you have in our part of the country, many good friends who do not enjoy a personal acquaintance with you, but who hold great admiration and respect fo r you because of your p a tr io tic public se rv ic e .

It may be a s a t is fa c t io n to you to be

With my sincere personal regards,

Yours tru ly

APR 17 1933op- THE

FEDERAL H-.L 'JOaVO


F e d e r a l R e s e r v e B a n k

O F

K a n s a s C i t y

M . L . M c C L U R E April 13, 1933CHAIRMAN AND FEDERAL RESERVE AGENT

Personal

Hon, Eugene Meyerc / o Federal Reserve BoardWashington, D. C,

Dear Governor:The newspapers report that you have resigned as Governor

of the Federal Reserve Board, and I want you to know that I personally regret that you have found it advisable to retire from this position, I feel that not only has the Federal Reserve System lost a most valuable official, but I personally shall miss a valued friend when next I go to Washington.

I have felt rather close to you on account of your activities in the War Finance Corporation beginning in 1921, when we first met, as I followed very closely your work in the capacity of manager of that corporation, all the time being interested in the v/elfare of the live stock industry, I can say that it would have been impossible for anyone to have managed that important relief measure in a better and more satisfactory way than you conducted it. It was certainly a wonderful benefit to the live stock industry, and you deserve a great deal of credit for having handled that important governmental function in such a successful and satisfactory manner.

You have been Governor of the Federal Reserve Board during a very trying period, and I feel that you have handled the situation there equally as well as you did in the War Finance Corporation. I enclose a clipping of an editorial that appeared in this morning’s Kansas City Times, which expresses better than I can the appreciation in this Western country of your valuable services. I hope that I may be permitted to keep in touch with you hereafter as I appreciate your friendship.

With kindest regards and best wishes, I am

McC/L

APR 15 1933Or-'-


M rs. E ugene M eyer, p ictured as she presented to E d n a R oth th e w in- n m g tro p h y in th e h u n te rs’ class a t the ju n io r horse show recently held in W ashington, D. C. The event w as atten d ed by a larg e g a th e rin g o f society notables, and despite th e financial crisis th e re w as an u n usually

la rg e field of en tries.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

chances to win the game by a good m argin. Both failed. As a result theyfought on almost out the game, m any tim es an

n terms through- k score was tied ly once in the

entire game did any team have an advantage that three field goals could not wipe out.

Even at the finish, when Big Sandy led 33 to 32, the Cardinals had chances to increase their m argin and Choteau missed opportunities to take the advantage, both from the free throw line and from the field.

Throughout it was a battle of free throws. The principal difference was th a t Choteau had no luck at all from the gift toss line, while Big Sandy owes its victory to the accuracy of Brown, who m ade good on seven of nine chances. Big sau dy players missed only 3 o f 16 shots, while C hoteau converted 4 out of 16.

Choteau had a lead o f 12 to 6 aoout midway In the first period, but Big Sandy tied the score at 15-15 and went on to lead, 18-15, at half tim e. The count was tied at 21-21 and again at 28-all Choteau pulled ahead with a count of 32-31, but Big Sandy delivered from the field about 90 seconds before the final bell and held the advantage o f a single point-fini ■ V-k -r 1______ 0

Choteau (32) Loomis, f .......... * F G F T P ts . PFCohoe, f ____ 3Core, c ............... 2Earles, e . . . . - i 0S. Moore, g ____ 2

1D. Moore, f , 3

Totals ............2

Big Sandy (33) Brown, f . FG F T P ts .

14PF

Sveningson, f . . . Hansen, c ..........

. . 1 1 3 4M cAnelly, g ..........Hoskinson, g .

. . . 1 3 503

Flatness, c ____ 113

3

Totals' ............... 331

13

Parsons, c ............... 2 4 4Quam , g ................. 3 9 0Harris, c -g * .......... 1 3 2S p eck ,f ................... 0 2 1Bauer, f ................... 0 2 0W illett, g ............... 0 0 0

T o t a ls .................... 9 29 8Kiaitos (36) FG F T Pts. PFHolshue. f ............... 1 9 3W ilson, f ................. 1 3 0Rickm an, c .......... 2 16 4May, g ...................... 0 8 3Seeley, g ................. 0 0 4Goggin, g .......... . . 0 0 0Cossins, c ............... 0 0 1

Totals ................. . 4 36 15Officials— Hurd,

Under.Nuckols and W al-

The K ain Granites earned the ^ €nter th« filial n igh t’s pro

gram by defeating the Sand Coulee

game‘ *of31th ? 2t 8 ' Thls waa the second8 fhe tournam ent decided bya three-point m argin. y

The Miners, playing better than

tion m a d in h ° ^ ty lsa§ue com petition, made a battle o f it all the wavand even with a m inute to go had J

from behind and tiefnt WI+k Hwd ,h a lf of thelr shots gone Into the basket they probably wouldW J ' „ „ 1present and the Granites o f Helena moved on as Dickey, a substatute showed the way with a 10-point sS t-’ Ing ,,drive in the second half, if Miners took the lead and held

o n l y t o m but the

Shelby did n o t lead at a single point In its sem ifinal battle with the Freebourns Friday night. The Butte aggregation ran up an 8 -0 advantage in the first few m inutes of the game as a result of a sprint by Brown, Freebourn and M cGinley and, while Shelby threatened toward the close o f the first h a lf, the M ining city representatives had the strength and the shots to stay ahead.

Travis was th e only player on the Shelby team to h it the basket consistently in the first h a lf and he w'as below his usual standard. The Initial session ended w ith Butte leading 21 to 18.

Peraha, Shelby’s hot sh ot in other contests, got in to the spirit of the thing in the second h alf and made 12 points. But this didn’t help cut down the Butte lead, for Brown a former all-state interscholastic center, made 12. points for the Freebourns a t a forward position. Only two other mem bers of the Shelby squad made baskets in the second half and they tallied one each. Butte, m eanwhile, sent three other players down the court for six goals from the field. Lineups.

Shelby (37)

W right, f

Totals .............................i 4Freebourns (4 6 )

Totals ................. ........... 22

FG F T Pts. PF2 16 31 5 32 8 11 1 13 5 0

. 1 0 2 0— — _ _

.14 9 37 8FG F T Pts. PF

9 0 18 3. 4 1 9 3. 6 0 12 2. 3 1 7 2. 0 0 0 1— — — _ j22 2 46 11

After 10 m inutes of m ost pathetic basketball, the Standard Furnitures came to life In the first game FridayDigitized for FRASER

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

r>

I S

^ a tru tra i ^ m x h S c (L m s i C um piuttrO F H E L E N A , M O N T A N A

T H O M A S A . M A R L O W

P R E S I D E N TApr* 13, 1933

Mr* Eugene Meyer, Governor,Federal Reserve Board,Washington, D. C*Dear Eugene:I do not know ary time in many years past when so brief a dispatch as was carried by the Associated Press in our paper yesterday afternoon has caused me so much personal grief*Naturally in the general turnover brought about by the election last fall, I am not surprised, but nevertheless, as I said above, I am deeply grieved*I think it was in August, 1921, eleven and a half years ago, when you blew into Helena, and for some reason stumbled on to me to assist you with the Y/ar Finance Corporation work, and I shell always look back to -this work and the personal friendship which grew out of it as one of the bright spots in my life*I deeply regret seeing 3'ou leave the Federal Reserve Board and with the personal knowledge which I hove of what you did with the W* F. C*, your reorganization of the land Banks afterwards, and the work which you are now leaving, I do not know where the President is going to find a man to take your place, in fact I do not believe that he will find one, because I do not believe that he is in existence*On a trip a couple of weeks ago to St. Paul and Minneapolis, I stumbled upon the enclosed picture in a Minneapolis Sunday paper, and it took me vividly back to several times when I had the good fortune to meet Mrs. Meyer and your children a couple of times onparade with your string of saddlers*


I hope even though you are leaving the Board that it will not mean that I will lose track of you in the future, and when you have the time to spare, it would be a pleasure to me if you feel like dropping me a line as to what your future plans maybe if they have been made*With kindest regards to yourself and Mrs. Meyer, and looking forward to seeing you somewhere in the future, I am,

timely passing of dear old John Ryan. I lost one of my very best friends when he passed out.

Most sincerely

P. S. I am sure that you were deeply grieved over the un-

ilK C ha V EDAW 17 1933

OFFICE OF THE GOVERNOR FEDERAL RESERVE bOARD


L I T T L E R O C K B R A N C H

F e d e r a l R e s e r v e B a n kO F S T . L O U I S

L i t t l e R o c k , A r k .

April 15, 1955

Hon. Eugene MeyerGovernor Federal Reserve BoardWashington, D. C.

Dear Mr. Meyer:

I certainly regret very much to know that you have resigned as Governor of the Federal Reserve Board.I have been connected with the Federal Reserve Bank of St. Louis since October 1, 1918 and during that time there have been a number of Governors of the Federal Reserve Board and n$r humble opinion is that your administration has been the best that they have ever had, and the citizens of the United States owe you an unpayable debt of gratitude for the constructive service that you have rendered since you have been Governor of the Federal Reserve Board.

Yours very truly

Manager


1 /

W a l t e r L i c h t e n s t e i n

T h i r t y e i g h t S o u t h D e a r b o r n S t r e e t

C h i c a g o J l l i n o i s

April 13, 1933

My dear Governor Meyer:I have read with considerable regret the news of your resignation as Governor of the Federal Reserve Board. Of course, I had heard rumours to that effect for some time, but was rather hoping that there would be no change. I do not wish you to leave your present office, however, without my telling you how very much I have appreciated the kindness and courtesy which

you showed me on so many occasions.I trust that you will have many more

years before you of great service.With very warm regards,

Very sincerely yours,

Governor Eugene Meyer, Federal Reserve Board, Washington, D. C.


FEDERAL RESERVE BANKOF BOSTON

R O Y A . Y O U N GG O V E R N O R

April 13, 1933

Dear Governor Meyer:I was in New York yesterday and learned through the newspapers of your resignation as Governor of the Federal Reserve Board. Having occupied the position for three years myself, I believe I am competent to say to you in all sincerity that you held the position during the most

difficult times and that you handled it m an admirable way.I congratulate you.Our acquaintanceship has been one of many years and I know that I have profited thereby. While I realize that your action in severing your connection with the Federal Reserve System will make our contacts lessfrequent in the future, nevertheless, I hope that you wilAflind time to occasionally pay me a visit or drop me a lii

as ever to be With best wishes for the fut

Yours

Hon. Eugene Meyer, Governor Federal Reserve Board Washington, D. C.


120 B r o a d w a y N e w Y o r k

April 13, 1933*

Hon. Eugene Meyer,Washington,D. C.Dear Mr. Meyer:

This is a personal and a business letter. To talk about personal things first, I have read with much interest that you resigned as Governor of the Federal Reserve Board. I can make no comment on that except that, of course, I know you have an enviable record behind you. I do hope that whether you remain active or whether you choose to elect comparative leisure, you will have many years of enjoyable life before you.

And now to the business part: I don*t know whether youexpect to settle in New York. If you do, and if you were to think oftaking a house I would like to say to you that I believe that my houseat 9 East 88th Street would be very suitable for you. I would be willing to rent it furnished, and I think it would be eminently fitted for your family. Our three younger children will all be at college from this fall on and Pauline will be the only one with us. Edith will beglad to get away from household cares for a year at any rate, and bothshe and I have discussed for quite sometime the idea of taking up temporary quarters at a hotel. The house is not in the market for rent, but it occurred to me that a house like ours might suit you, and therefore I felt I should not hesitate to suggest the thought to you. We are not likely to move to Elberon before the beginning of June. We have always had a caretaker in the house over the summer. If this suggestion does not fit in with any of your plans, please justforget it.

With kind regards,Sincerely yours,


THE K A N S A S CITY STAR

April 13 1933

E u g e n e M e y e r , S s q .

G o v e r n o r F e d e r a l R e s e r v e B o a r d

W a s h i n g t o n , B , G .

i g e n e M e y e r , P u b l i c S e r v a n t .

m e resignation of Eugene Meyer as chairman of the federal reserve board will mean a great loss to the public service. Mr. Meyer is an unusual combination of culture, wisdom and business ability. In his early 40s he had made a fortune. Then he determined to retire and devote himself to government service. In an almost uninterrupted public career since 1917 he has been the trusted counselor of fourPresidents. »

His most notable achievements were with the War Finance Corporation, which furnished the model for the Reconstruction Finance Corporation, the federal land banks which he rescued from disorganization, and the federal reserve board.

^Exceedingly' conscientious, he treated government funds as a sacred trust. The only ^•iticism that could be made of him was that in times of emergency he was not disposed to take the risks that some of his associates believed were warranted in meeting an abnormal situation. When he lent government money he wanted sound collateral in hand. But certainly he was a valuable steadying influence against wild schemes.

It will be a great pity if some way is not found to make use of his unusual capr,'"f'’ or,r1 fine spirit in the service of the natii

B e a r M r . M e y e r :

W e a r e m i g h t y s o r r y y o u

a r e g o i n g . I n c l o s e d i s o u r e d i t o r i a l c o m m e n t .

S i n c e r e l y y o u r s


''jfavpvm? (fmtti \xi thr Jtuitrft utrs.,1929 TWENTY-FOURTH STREET

April 14, 1933

Dear Mr* Meyer:I cannot tell you how much I

regret your resignation from the Federal Reserve Board. Whatever reasons you may have for resignation, and I do not doubt that they are good ones, the country needs your service and I am sorry, indeed, that it is to lose it.

With best regards, I am,

Honorable Eugene Meyer, Federal Reserve Board, Washington, D. C.


This document is protected by copyright and has been removed.

Author(s)Article Title: After Eugene MeyerJournal Title: St. Louis Star and TimesVolume Number: Issue Number:Date:Page Numbers:

April 13, 1933


J O H N G. L O N S D A L E CHAIRMAN OF THE BOARD

G E O R G E W. W I L S O N CHAIRMAN.EXECUTIVE COMMITTEE

W. L. H E M I N G W A Y PR E S 10 ENT

& ■'

C A P I T A L $ 10,000,000

_r.'*

M e r c a n t i l e-Co m m e r c e B a n k a n d Tr u s t Co m p a n yL O C U S T - E I G H T H - S T . C H A R L E S

Saint Louis

S U R P L U S $ 2,000,000

April 14, 1933.

Hon. Eugene Meyer, Federal Reserve Board, Washington, D. C.

Dear Governor:I am sending you a tear sheet from the St. Louis Star and

Times of April 13th containing a leading editorial entitled - "After Eugene Meyer", which you can add to your collection; end along with it

KliiCBIVjJD

APR 15 1933


F e d e r a l R e s e r v e B a n k o r C l e v e l a n d

O F F I C E O F T H E G O V E R N O R

April 14, 1935

Dear Governor Meyer:It is with sincere regret

that I learn of your resignation as Governor and Member of the Federal Reserve Board.

The period during which you have served as head of the Federal Reserve System has been a most trying one, one which has called for courage and ability - and this, you have shown at all times to a marked degree.

I trust that I may have the opportunity of personally expressing to you my regrets next week when I am in Washington.


C h a s . A . D a v i sREAL ESTATE AND FARM LOANS

9 0 0 S O U T H M A I N

PHONE INDEP. 1041

Independence, Mo., April 14th 1933

Mr. Eugone Meyers, Chairman,Federal Reserve Board, Washington, D. C.

Dear Mr* Meyer:-

Attached you will find an article taken from the"Editorial” section of the Kanaas City, (MO) Timos as of April 13th.

A* this editorial concerns yourself, it mightbe of interest to you to know what the "Press” has to say with reference to your resignation, and fearing that your attention night not bo directed towards this item I have taken the liberty cf mailing you a copy.

Whan I road in this same paper of your resignationbeing offered, I recalled with the some feeling, your splendid work in connection with the W. F. C. and I foar they will "Rue " the day whan they allow you to stop aside especially in times whan tried and true men are noedod.

If at any time I can bo of service to you in the middle west I am at your command.

Wishing you the best in the future, I amYoura Trulv

RECEIVED

APR 17 1933q TTTT’ ■- T •

K .. .


L A N G W O R T H Y , S P E N C E R 5, T E R R E L L

t /

r

H . M . LANGWORTHY BYRON SPENCER FRANK H.TERRELL

L A W O F F I C E S

6 1 5 C O M M E R C E B U I L D I N G K A N S A S C I T Y , M O .

SCOTT W. HOVEY JAMES T. BRITT ROBERT G. MERRICK HARLOW B. LESTER E F. HALSTEAD

Hon. Eugene Meyer, Governor, Federal Reserve Board, Treasury Building, Washington, D. C.Dear Governor Meyer:

I find it exceedingly difficult to express adequately my regret concerning your decision, as announced in the press, to resign as Governor of the Federal Reserve Board.

The long period of unselfish public servicewhich you have given to our country, with so many outstanding achievements, seems to make it impossible to reconcile ourselves to the thought that you are not to continue as the leader in our Federal Reserve System.

During the past six years of my personalacquaintance with you, it has been the source of a great inspiration to me to come in contact with your high ideals of public service and your unselfish devotion to the public’s interest, notwithstanding the tremendous burdens and responsibilities which have been placed upon you.

I am enclosing herewith an editorial appearing in the Kansas City Times of April 13, which I think expresses the sentiments and thoughts of your many friends in this section of the country.

April 15, 1933

Yours very sincerely,

•RECEIVED

APR 17 1933OFFICE OF THE GOVERNOR FEDERAL RESERVE BOARDDigitized for FRASER

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

This d o c u m e n t is protected by copyright and has been removed.

Author(s):

Article Title: Eugene Meyer, Public Servant

Journal Title: Kansas City Times

Volume Number:

Date: April 13, 1933

Page Numbers:

Issue Number:


Croat CompaniesE s t a b l i s h e d 1 9 0 4

<A (JMmttfylg M a g a zin e ^s&oteh to C ruat Com panies, flan k in g anfc ^financial in te r e s ts of tl]e Switch J§>tates

Cfoo Rector Street, efn ork CtigC. A. L u h n o w . p u b l i s h e r Telephone: Bowling Green 9 - 0 4 7 9

A p r il 1 7 , 1 9 3 3

Hon, Eugene Meyero /o F e d e ra l R eserve Board

W ash in gton , D , C.APR 1 8 1933

D ear Mr. M eyer: ~ ~

I have your l e t t e r o f A p r i l 12th and q u ite ap

p r e c ia t e your r e lu c ta n c e to ex p ress y o u r s e l f p u b lic ly at t h i s

tim e r e l a t i v e to banking refo rm l e g i s l a t i o n and in c o n n e c tio n

w ith th e symposium to appear in the next i s s u e o f TRUST COMPAN

IES M agazin e• I want to thank you a ls o f o r d ir e c t in g my a t t e n

t i o n to th e o p in io n rendered by the G eneral C ounsel o f th e

B oard, w hich seems to remove c o n s t i t u t i o n a l o b je c t io n s to u n i

f i c a t i o n o f b a n k in g .

tirem en t from th e F e d e r a l R eserve B oard. I t i s the bane o f

our p o l i t i c a l and banking system t h a t th e U nited S t a t e s i s not

governed by c o n d it io n s , such a s o b ta in in England and o th e r

advanced c o u n t r ie s , where th o se in p o s i t io n s o f a u th o r ity d e -

marding h ig h ly te c h n ic a l and banking e x p e r ie n c e are r e ta in e d

in o f f i c e re g a rd in g r i s e or f a l l o f p o l i t i c a l p a r t i e s . I t does

seem t h a t as soon a s a man at W ashington becomes f a m i l i a r w ith

h i s jo b he i s fo r c e d by p u re ly p o l i t i c a l tu rn o f a f f a i r s to

r e l in q u is h th e h elm .

May I ex p ress the hope th a t when you have r e

tu rn ed to p r iv a te l i f e you may be more d isp o se d and f r e e to

May I ex p ress my r e g r e t over your announced r e


Hon, Eugene Meyer

favor TRTJST COMPANIES Magazine with an expression of your views relative to hanking reform. I have more particularly in mind the fortification of the Federal Reserve System and keeping that structure free from ill-advised amendments which depart from the original purpose of the System.

Sin* -

C. A. Luhnow Publisher


Th e G itizens First N ational B a n kS T O R M L A K E , I O W A

GEO. J.SCHALLER PRESIDENT

April 17, 1933

Hon. Eugene Meyer,Federal Reserve Board,Washington, D.C.Bear Mr. Meyer;

It is with extreme regret that I learn through press reports of your contemplated retirement from the Federal Reserve Board.

Let me say that we will miss you, hut you will continue to have our best v/ishes for your future success in either public or private life.

You surely have the satisfaction of looking back over the years spent with the War Finance Corporation and the Federal Reserve Board and knowing that your help and advice did much to steady our "Ship of State” in these troublesome years.

GJS SS

Again with best wishes, I am, Yourjgr si nee rely ,

R E C E I V E D

APR 19 1933C » 5/>i•vMti(y9

^o a r j}Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MARTIN............ SWARRIOR . ... tWEST............ •CHIEFTAIN • • CountVSBOS. •• . -iS

,N UEIt%DAKOTA,.CATARACT . . - . s. IN PENNSYLVANIA WILLIAM PENN • • Pi FORT PITT . . . . pi'"/SewsaB!".'* uI ' V l M r y W ij) 30tm >ln,:N V k

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APR 19 1933•itJ


IX

F e d e r a l R e s e r v e B a n k

o f A t l a n t aOFFICE OFChairman of the Federal Reserve Board.Agent. April 17, 1933,

Dear Governor Meyer:I have noted in the press that

you have tendered to the President your resignation as member of the Federal Reserve Board.

Having rendered under four presidents a distinct service to the country, you deserve the highest commendation for your work. The keen interest you have always manifested in the welfare of the producers of cotton and in the proper marketing of it has been especially noted and often commented on by me. I regret your intention to retire from the Board and I shall miss your wise counsel and cordial greetings. I hope that wherever you may go your "lines will fall in pleasant places".

If you should come this way at any time, please always remember that the "latch string is on the outside” and that you will have a wann welcome here.

With kindest regards, I am,

Governor Eugene Meyer, c/o Federal Reserve Board, Washington, D. C.


C . T . J A F F R A YPRESIDENT

Minneapolis.St. Paul & Sault Ste. Marie Railway Company OFFI CE O F T H E P R E S I D E N T

M I N N E A P O L I S . M I N N .

C l U

U a U

J U t ~ A < r » s ‘X ^


T u b P e o p l e s Na t i o n a l Ba n k R o c k H i l l , S o u t h C a r o l i n a

C H A R L E S L .C O B B ,C a s h ie r

A p r il 1 7 , 1 9 3 3

Hon. Eugene M eyer, G overnor F e d e r a l R eserv e Bank W ashington, D. C.

Dear G overnor Meyer:

J u s t to l e t you know how v e ry much I p e r s o n a liy r e g r e t to g iv e you up as our C h ie f ta in ana w h ile I o n ly know you i n a c a s u a l way I have ? alw ays had th e g r e a t e s t a d m ira tio n and r e s p e c t f o r y o u . W herever you go and w h ate v er your f u t u r e p la n s may b e , I want you to know t h a t my v e ry b e s t w ishes a re w ith y o u .

. any tim e i n th e f u t u r e th e r e i sany s e r v ic e t h a t I may be a b le to re n d e r you clown t h i s way, is s u e th e command.

W ith h i g h e s t e s te e m ,

S in c e r e ly y o u r s ,

CLC:JK K & O E I V E D

APR 18 1933OFtfloE OF T


Hon* Eugene Meyer, Governor,Federal Reserve Board,Washington, D* C.Dear Governor Meyer:

I was very sorry to read in the papers a few days ago announcement of your resignation from the Federal Reserve Board, and am wondering just what is going to happen to the Board. If Walter Lippmann expresses in any sense administration ideas it looks as if the Board either might be abolished or become a mere rubber stamp for administration policy, in which case I should think it would be hard to keep any good men on it.

By the way, it seems to me that the Board ought to do more in the way of making definite recommendations for banking reform. The Glass bill due to the peculiar circumstances under which it was constructed went its own way and contained a lot of things which you and other members of the Board naturally could not approve. While you made definite recommendations at one of the hearings last spring, they were never incorporated into a bill until this spring when at my suggestion Congressman ^uce of Massachusetts introduced a bill incorporating them. It seems to me that the Board should have had that bill written in form for introduction and that it should have been given to some one to introduce last spring.I do not know whether this could have been done without offending Senator Glass but I think it could have been done as a matter of information.

During Paul Warburg’s day and Governor Harding’s day the Board was aggressive in preparing amendments to the Federal Reserve Act, and most of them were put through and incorporated into the law. When Crissinger came in he took the ground that the Board had no business to recommend legislation and he was afraid to take the lead in anything anyway, an attitude in which he had the support of most of the men appointed during President Harding's administration. The Board made some feeble efforts to influence the McFadden Act but they were never very pronounced.

I am entirely at loss to know what the outcome is going to be with relation to the Glass bill. It is apparently in danger of having more and more stuff loaded into it that either ought not to be in it or is not of immediate importance. About a third of the bill could be cut out to good advantage in my opinion.

Yours very truly, ‘

OFFIOE OF 7FED ER A L K


\

DIRECTORSD. P. HOGAN, President 'JOHN CARMODY, Vice Pres. & Secy.A. KOPPERUD, Vice Pres. & Treas.T. C. HORNBY, Vice Pres.HARVEY M. JOHNSEN, Genl. CounselG. C. FOREMAN, Asst. Secy.0. K. PETTENGILL, CashierH. E. BAIRD, Chief Appraiser E I G H T H D I S T R I C T — I O W A , N E B R A S K A . S O U T H D A K O T A . W Y O M I N G

FLETCHER ALGUIREE. A. BURNETT A. M. HASKELL A. 0. HAUGED. P. HOGANF. S. McCAFFREE J. C. UNDERWOODPaid up Capilal $18,800,000

Surplus $3,Q00,Q0Q

A p r il 1 9 , 1 9 3 3

Hon. iiugene M eyer,F e d e r a l R eserve B o ard ,W ashington, D. C.

Dear Mr. Meyer:

I was s o rry to n o te y o u r r e s i g n a t i o n as Govern o r o f th e F e d e r a l R eserv e B o ard .

p o l i c i e s o f th e F e d e r a l R eserv e Board d u rin g th e s e c r i t i c a l tim es I am s u re would be in v a lu a b le to th e c o u n try . You have a lo n g and re m a rk a b le re c o rd o f e f f i c i e n t s e r v ic e to th e p u b l i c . You have g iv e n o f y o u r tim e and t a l e n t f r e e l y and a t p e r s o n a l c o s t , w ith o u t f e a r or f a v o r , and s u r e ly i t w i l l be a g r e a t s a t i s f a c t i o n to you in th e days to come to lo o k back over su ch a r e c o rd .

The p e o p le o f th e U n ite d S ta te s owe you a g r e a t o b l i g a t i o n .

Your s k i l l and e x p e rie n c e i n d i r e c t i n g th e

Ak:H

APR 21 1933... u r H,

J


# 2

B e sid e s sp en d in g a number o f y e a rs in a c o u n try bank I have d u rin g a l l my l i f e been engaged in th e farm lo a n b u s in e s s , and have b een on th e heavy end o f th e work in th e F e d e r a l Land Bank b e c a u se o f h a n d lin g c o l l e c t i o n s and r e a l e s t a t e .

I s h a l l be v ery g r a t e f u l f o r any a d v ic e t h a t you can g iv e me.

S in c e re ly y o u r s ,

5 1 1 0 C a p ito l Ave

Ak:H


BYRON DUN N. Vice PRES. <S Casi

M. WEIL, PresidentCARL WEIL .Vice President ERNEST C. FOLSOM. Vice President

B.G. CLARK, Ass't CashierALBERT A . HELD. Ass-t Vice Pres.

C o m m e r c e T r u s t C o m p a n yM. WEIL, Chairman Board of Directors

CARL WEIL, President BYRON DUN N, Vice President ERNESTC. FOLSOM,Vice President M. L.S PRI N G E R. Sec'Y-Treasu re r

OLIVER DEMARS. ASS'T SECY

A p ril 2 0 , 19 3 3 .

M r. Eugene TTeyer, F e d e ra l R eserve Bank W ashington, D. C.

D ear Mr. Meyer

M r. J . E • Lawrence has an e d i t o r i a lin th e L in c o ln J o u r n a l o f A p r i l 1 6 th r e g a r d in g you and which I th o u g h t you m ig h t l i k e so I am e n c lo s in g i t h e r e w ith .

young e d i t o r i a l w r i te r ; I was a w fu lly g la d to see how h ig h ly he spoke of you and your a c t i v i t i e s .

your r e s ig n a t io n from th e F e d e ra l R eserv e B oard. Some d ay , l e t ’ s hope th a t th e R e p u b lic an p a r ty may a g a in r e t u r n to power and t h a t we w i l l have th e o p p o r tu n ity o f s e e in g y o u r name f r e q u e n t l y .

T ru s tin g t h i s f in d s you w e ll , w ith the v e ry k in d e s t o f r e g a r d s , I am

Jimmie Law rence i s a m ig h ty b r ig h t

I am s o r r y to n o te by th e p r e s s of

Cw MR. C.ARL WEIL

G» r

APR 22 1933O FFIC E OF T H E GOVERNOR

FEDERAL RESERVE 30ARD


This d o c u m e n t is protected by copyright and has been r e m o v e d

Author(s): J.E. Lawrence

Article Title: Personal Views of the News

Journal Title: Lincoln Journal

Volume Number: Issue Number:

Date:

Page Numbers:

April 16, 1933


DIRECTORSF. A.CHAMBERLAIN, E W. DECKER, F C T. JAFFRAY,

, L/H M IN , LALU. V-AJIVI . r I K z> I IN AA I IU L- Dnll F\President Northwestern National BankChmn.Exec.Com. First National Bank

/ President "Soo RailwayTHEODORE WOLD, Vice Pres Northwestern National Bank E L.CARPENTE R Chmn.of Board Shevlin.Carpenter & ClarkeCo. A F. PILLSBURY, Treasurer Pillsbury Flour Mills Cot. F WALLACE, President Farmers & Mechanics Sav BankA F PILLSBURY. TreT. F WALLACE, Presidi FRANK T.HEFFELFINSER, O J. ARNOLD, PRESI

President F H.Peavey & Co.O J. ARNOLD, President Northwestern National Life

N o r t h w e s t e r n N a t i o n a lL IF E IN SU RAN CE CO M PAN Y

Minneap olis Minn.G. C. HOLMBERG. treasurer A. B. LUNDQU1ST, asst, treasurerA. W. BOLLUM, MANAGER. MORTGAGE LOAN DEPT. April 20, 1933

Personal

Mr.Eugene Meyer, Pederal .Reserve Board, Treasury Building, Tfashington, D.C.

APR 22 1933

Dear Mr. Meyeri f r I f T"

~ iJoriiiD

Having in mind the progression of your a c tiv itie s in Washington

on previous occasions, I have thought that the announcement of your resignation

might he followed hy the announcement of some new public undertaking on your

part. I have not, therefore, written you sooner to express my regret at the

loss of your service in the public interest and your valuable contributions to

the national welfare which I have had such an excellent opportunity to observe

through the past ten or twelve years.

expressed here that your counsel and your constructive accomplishments w ill be

missed, not only in Washington but throughout the country as well.

and the burdens you have carried, I fe e l that I appreciate, even more than a

great many others, how well you have earned r e lie f from the strenuous duties

you have assumed, and it is my sincere wish that you enjoy that r e lie f in the

fu lle s t measure.

I can’ t begin to t e l l you how much it has meant to me to have

had your confidence and even a small part in some of your important undertakings,

I most heartily concur in the views now so frequently heard

Having had opportunity to know something of the responsibilities

P R O F I T S H A R I N G L O W C O S T — I N S U R A N C E


Mr. Eugene M eyer, A p r i l 20, 1933i r 2 .

"but I do want to take th is opportunity to again e;tpress ray appreciation for

your many kindnesses to me and the hope that I may have opportunity to see

you from time to time.

With a l l good wishes, I am

Sincerely yours,


U N U S U | SERVICE FOR ATTORNEYS. BANKS AND BOND PHONE 3-2666

AN1ES

O K L A H O M A CITY OKLAHOMA

C h a i r m a n F o r e i g n R o a d C o m m i t t e e OF R E P U B L I C O F M E X I C O OF THE G o o d R o a d s D i v i s i o n o f O k l a h o m a C ity C h a m b e r o f C o m m e r c e .

April i^nd, 1933.

Hon. Uugene ifyers J r .,

Washington, D. G.

Dear Mr. Meyer:

The writer of this le tter and thousands of other of your friends,

regret very much to read that you are to retire from the nead of one of our

large and most important finanoi&l oorporations. We sincerely hope that

you may s t i l l remain there.

The writer of this le tter served under you as Vice-Chairman of the

War Finance Committee for three years, in this City, and is certainly in a

position to realize the great service you nave rendered to our country and

its people.

I wish you success wherever you go.

T?M:NHR E C E I V E D

APR 25 1933O " 17' r.HT. rn _!?Nof?

H .PD

Yours very truly.

Thomas ? . Martin.


O KLAH O M A CITY to Fort W orth, 210 Miles—San Antonio, 500—El Paso, 700—Del Rio, 6 6 5 —Brownsville, 800 Laredo (all hard surfaced), 6 5 0 M ONTERREY, M EX. (paved), 8 0 0 —M EXICO CITY (now being paved from Monterrey), 1450. ...................... W O N D ER FU L FISHIN G MAY BE H A D IN OLD MEXICO!

ONEor

O U R80000 BBL. G U S H E R S

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I* < *]?»» itmi*?***

plifell

T H E H U B

H IG H W A Y S

P O P U L A T I O N


C A L E D O N I A 6 6 3 6

H O W A R D S . G A N S

2 7 0 M A D I S O N A V E N U E

N E W Y O R K

April ZZ, 1953

Dear Eugene:Every dayfs news makes your

retirement a matter of deeper national concern. For now that unorthodox schemes are to be tried, your poise and vision and wisdom are needed more than ever to keep us off the rocks.

Therefore, as a good citizen,I deplore the nation’s loss.

There is some consolation, however, in the thought that I may have a

Honorable Eugene Meyer 1624 Crescent Place Washington, D. C.


B A L T I M O R E T R U S T C O M P A N Y

Baltimore, Maryland

April 27, 1933P R E S I D E N T

Dear Mr. Meyer:I hoped 1>o have "the pleasure of

seeing you, so I haven’t written you before to tell you how sorry I am that you resigned as Governor of the Federal Reserve Board, and to tell you what perfectly splendid work I think you did while at the head of it.

the last decade has been of inestimable benefit to this country, and, as one of your friends, I want only to tell you how much I admire your great ability and your fine service.

lour public work during more than

Sincerely yours,

Mr. Eugene Meyer, Governor, Federal Reserve Board, Washington, D. C.


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MISSISSIPPI V A L L E Y T R U S T C O M P A N Y

A . O . W ILSO N ,V I C E P R E S I D E N T

ST. LOUIS

May 1, 1933Hon. Eugene Meyer,

Washington,D. C.

Dear Mr. Meyer:I am a little late, but none the less sincere, in -writing

you a line with reference to your termination of the public relation you have had for such a long period and with special reference to the service rendered. I again want to tell you that it has been a matter of great personal pride to me to have noted the fact that your continued service to our government was of such a high order and so eplendidly commended by the public generally. It has been a troublous time. No doubt about that, but you and your associates gave a good account of yourselves, and I am sure your successor and his associates will profit by the record which you left behind.

do that, please advise me in advance so that I can be prepared to join in your entertainment here in St. Louis.

I am glad to report to you that our business is moving along in a fairly satisfactory manner, all things considered. There was only one big bank that had very much real trouble, and they have been reorganized on a very satisfactory basis. I refer to a bank on the south side.

I hope you may pass this way again sometime, and if you should

With kindest personal regards, I am,Yours very truly,

Vice President.AOWsEJ

VJl’D

M A Y 3 1933


S T A N F O R D U N I V E R S I T YO F F I C E O F T H E P R E S I D E N T

S T A N F O R D U N I V E R S I T Y , C A LI F O R N I A

May 1, 1933. ?

Dear Eugene:

Here from a distance we have been watching the clouds gather and the thunder roll and the lightning strike in the political storm in Washington. I had hoped that your splendid services to the nation would be signalized by a further opportunity to continue with the Federal Reserve Board. Apparently some one else wants to try to duplicate what you have done. I doubt if anyone will be able to do so. At any rate I want to congratulate you and thank you for what you did do.

Everyone I meet here is in a good deal of confusion as to whether the dollar is going to be cut in two with a pair of scissors or whether it is to be nibbled at on the edges and still leave it round. I suppose before long we will know whether a Roosevelt dollar is shaped like a semicircle or looks like a 50-cent piece. You can judge from this that my enthusiasm for what is going on would be easy to conceal under the shade cast by a malarial parasite.

Give our affectionate greetings to Mrs. Meyer and tell her how much we appreciate the many kindnesses we have received from you both.

Faithfully yours,

R.L.Wilbur/ELF

Mr. Eugene Meyer, Personal 1625 Crescent Place, Washington, D. C.


A L U M N A E H O U S E

VASSAR COLLEGE POUGHKEEPSIE, N E W Y O R K


DIRECTORS EX-OFFICIO MEMBERS

M A S O h o m e : o f

BYRNE E. BIGGER. HANNIBAL W. S. CAMPBELL. ST LOUIS W. A. CLARK. JEFFERSON CITY TOLMAN W. COTTON. VAN BUREN RAY V. OENSLOW. TRENTON ARCH A. JOHNSON. SPRINGFIELD ROBERT R. KREEGER. KANSAS CITY JOSEPH S. MCINTYRE. ST. LOUIS JAMES R. MCLACHLAN. KAHOKA ORESTES MITCHELL. ST. JOSEPH W. W MARTIN. ST. LOUIS THOMAS S REYNOLDS. KANSAS CITY FRANK H. WIELANOY. ST. LOUIS

ADVISORY BOARDMRS. ELLA JEAN FLANDERS. EXCELSIOR Spri MRS. ALTA L. TATE. KIRKWOOD. MO.MRS. ETHEL STANSBURY. ST. LOUIS

5351 D e l m a k B ottt.k v a k i y, S t . H.cmis, Mo.

THAD B. LANDON. GRAND MASTER. KANSAS CITY FRANK C. BARNHILL DEPUTY GRAND MASTER MARSHALL. MO DUVAL SMITH. GRAND SENIOR WARDEN. ST. JOSEPH. MO. JAMES W. SKELLY, GRAND JUNIOR WARDEN. ST. LOUIS. Mo

OFFICERSW. W. MARTIN. PRESIDENT. ST LOUISROBERT R. KREEGER. VICE-PRESIDENT. KANSAS CITYW. S. CAMPBELL. TREASURER. ST. LOUISCLARENCE L. ALEXANDER. SECRETARY. ST. LOUISDR. SOLON CAMERON. HOME PHYSICIAN. ST. LOUISMRS. W. WALLER, MATRON OF CHILDREN. ST. LOUISMRS. LUELLA MCCUE. MATRON OF OLD PEOPLE. ST. LOUIS

May 4 , 1933.

Hon. Eugene Meyer, Governor Federal Reserve Board,Washington, D. C.Dear Mr. Meyer:May I express to you my deep personal regret to read in the newspaper some days ago of your resignation as Governor of the Federal Reserve Board. I feel that you have given the government a most excellent service and I regret exceedingly that you find it necessary to retire.I have often spoken of the outstanding service you and your associates rendered to the Federal Farm Loan System. As a matter of fact, you were appointed to that board in the nick of time and saved the system from utter ruin.May I extend to you my sincere best wishes and with kindest personal regards, I remain,

Sincerely yours,

WWM: CR. W. W. Martin, President

R E C E I V E D

MAY 6 1933t £ r111 <■'' ° > 9


Fe d e r a l R e s e r v e B a n k o f N e w Y o r k

PERSONAL May 5, 1933.

Dear Governor Meyer:

For the past three years I have so much enjoyed my association, both official and personal, with you that I find it difficult, now that you are retiring from the Federal Reserve Board, to view that prospect with anything but regret.

. Over the long period of years duringwhich our paths have crossed and during which you have held important public posts, I have had the deepest admiration for your executive ability, as well as for the real and rare gift you have * for making and keeping many warm friendships.I feel that you are particularly to be congratulated on the work you have done in building up a thoroughly competent technical staff at the Board to deal with the increasing problems that have arisen in the Federal reserve banks and especially in the agents* functions. We are all going to miss you very much.

You have my warm good wishes for the best of luck and good fortune for the future.

Honorable Eugene Meyer Federal Reserve Board, Washington, D. C.


C A L E D O N I A 5 - 6 6 3 6

H E N R Y E S B E R G 2 7 0 M A D I S O N A V E N U E

N E W Y O R K

May 8, 1933.

Mr. Eugene Meyer Mt. Kisco, New YorkDear Eugene:

I have delayed sending a few lines to you until I heard that you had actually gotten off the job.

It must be a source of great satisfaction to you to have made such an excellent record during the many years that you have devoted to Federal affairs, which I am sure has been recognized not only try your close friends but ty the public at large.

I hope that your moving to New York will permit me to see you here and in the country more frequently.

For the present, kindly accept all kinds of good wishes for happiness and good health which I hope you will enjoy for a great maiy years.

With kindest regards "to Mrs.Meyer and hoping to see you soon, believe me to be

Sincerely yours,


Honorable Eugene Meyer Federal Reserve Board Washington, D.C.

Vfy dear Governor:

I am sorry to see youleave the government service where you have done much valuable work.

I shall recall withpleasure ipy several associations with you.

With my best regards, I am,

Sincerely yours

K i ^

MAY111933OFFI'-H. OF THE "0 - T 3 : FEDERAL KL~- -w~-


T H E C R O F T O s s i n i n g . N e w Yo r k

May 10, 1953

Mr. Fugene Meyer Mount Kisko, New York

Now that you are coining back to Westchester to raise apples,*' I write to extend a very cordial welcome to you and Mrs. Meyer, on behalf of Mrs. Swope, myself and a l l the residents of Yfestchester.

I have not written earlier because I knew you were receiving many letters of commendation for the fine work you have done through your many years of constructive service. That goes without saying, but that you should select Westchester to come and do an even more constructive and productive job of raising apples, f i l l s a l l our hearts with enthusiasm, and especially because we can now look forward to seeing your more frequently, and without the burdens and cares on you of your great o ffic e .

Sincerely yours,

GSsH


May 11, 1955

Dear Boss:And I’m betting they will be the nicest,

honestest apples that ever grew! And a queer old girl still plugging away at a job in New York is pleased to death that you are out of the mess - 0, what I think of my Government! Do you know what I heard? That that poor old wreck, McLean, was being spoken of as Governor of the Federal Reserve Board.I've heard funny stories - many of them - but that was the funniest - I all but giggled myself to death, and I can get up a real good laugh every time I think of it. He never gave a direct answer to a question in all his life, and I bet he is still saying "I believe so" or nMr. So-and-so said so-and so”, all the while wondering just what he should say.

Seven Springs Farm - it isn't the big men in this world who get credit for anything; it is the little fellow who stands around and grabs something that belongs to the big fellow and uses it. How do I know? 0, I’ve known a big chap or two in my checkered career, and you'd be surprised to know that I am not nearly so blind as I seem.And I'll just be so happy if I can know that you enjoying a rest you should have. Certainly it will not be marred by any regrets, for yours has been such a clean fine life - in business and out of it - and it always will be, no matter where you are or what you are doing, for of course you will be doing something - somewhere - and in your own good way.

Do please have a good rest - enjoy lovely

As ever,


T H E N A T IO N A L C IT Y B A N K O F N E W Y O R K

o f f i c e : o f t h e : p r e s i d e n t

May 11, 1933.

Dear Gene Meyer:Just a line to tell the apple grower that

I know a fellow who is pretty good at picking apples but better at helping make cider.

With warmest regards, I am

Mr, Eugene Meyer, Mt, Eisco,New York,


May 11, 1933

My dear Gene -This is just to give you in

writing my parting benediction, and to wish for you all the hours of contentment and satisfaction to which your record of public service entitles you.

I do not want you to think that I did not appreciate your own suggestion as to the possibility of iiy entering public office. I did appreciate your confidence and friendly attitude. Perhaps I foresaw too many difficulties - but they were numerous.

Unfortunately the Baltimore newspapers picked up a story from Washington in connection with the appointment of a Marylander, who turned out to be Acheson. I explained to the ,,Sun,,


that I was the "beneficiary of mistaken identity" and asked them not to publish it, but I was unsuccessful. The result of the publication was that I received a series of lectures on public duty (from those who were not called upon to make the sacrifice) v/hich were rather potent in their effect.

xi I am not so sure if I had receivedone lectures first and the appointment afterwards, that my revived conscience would not have influenced me greatly.

% best regards and thanks to you.

Hon. Uihgene Meyer, Jr.,1 6 2 4 C r e s c e n t P l a c e , N. . ., W a s h in g to n , D. G.


H A R V E Y C. C O U C H P I N E B L U F F , A R K A N S A S

Washington, D. C., May 13, 1933.

Dear Governor Meyer:Yie are all going to miss you here in Washington.My acquaintance of you goes back to the early days

of the War Finance •when we received and the Corporation rendered to my company such fine assistance. Also, I know how helpful you were with the Flood Credit Corporation down in the high water country in 1927. But, most of all, I enjoyed our very fine relationship during the early days of the Reconstruction Finance Corporation when you set a record worthy of the efforts of any man, for which the country is much indebted to you.

I hope you enjoy raising big red apples and I know they will be the finest grown in the whole Yakima Valley.

With sincere good wishes,

Mr. Eugene Meyer, 1624 Crescent Place, Washington, D. C.


I

F E D E R A L R E S E R V E B A N K O F C H I C A G O

o f f i c e ; o f c h a i r m a n a n d

F E D E R A L R E S E R V E A G E N T May 16, 1953

Personal

Mr. Eugene MeyerCare, Federal Reserve BoardWashington, D* C.

dear Mr. Meyer:When I last saw you in Washington, you had not yet announced your resignation and I have hesitated to write you until it became operative.I do want to take this occasion to express my regret that you have seen fit to sever your connections with the Federal Reserve System and ny appreciation of the great abilities which you have exercised in the administra

tion of the Federal Reserve Board. I also want to express ny thanks for your many courtesies to me and ny sincere good wishes for your good health and happiness.

I veiy much hope that our paths may meet again before long.With personal regards,

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

RECONSTRUCTION FINANCE CORPORATION

WASHINGTON

May 15, 1933.

Dear Governor Meyer:I can not let your retirement as Governor of the Federal Reserve

Board pass without expressing my deep and lasting regret. You have served the Nation with devotion, unselfish and undefiled; and with ability, great and rare. There is no one in public or private life for whom I entertain higher admiration or deeper love. These sentiments proceed from personal knowledge of your genuine worth in every relation of life,and your signal achievements in public office in times of stress, when leadership, courage and vision were the vital elements of success. You have won a National reputation that is richly deserved, and your passing into private life is an irreparable loss to the Government of the United States.

With all good wishes and affectionate regard, I am

Honorable Eugene Meyer, 1624. Crescent Place, N. W., Washington, D. C.

Faithfully yours,


“uHie (Clutise Haticmal ISattkO F T H E C I T Y O F N E W Y O R K

C H A R L E S S . M C C A I NC hair man Bo a r d o r D i r e c t o r s May 18, 1953.

Dear Governor Meyer:I have been out of town on a vacation or would have dropped you a line earlier. I wanted you

to know how greatly I appreciated your friendship and confidence during the time you were Governor of the Federal Reserve Board. They were very troublesome years, but I feel that you met all of the problems as they were presented with a very clear understanding and a constructive viewpoint. It must be a source of great satisfaction to you to look back on those eventful years and realize how courageously and soundly you met the difficult problems presented during that time.

I hope to have the pleasure of seeing you often in New York, and this is simply a note to tell you how much I tholight of you.With very highest regards, I am

Yours sincerely,r\ £ _

Honorable Eugene Myer,1624 Crescent Place, N. W.,Washington, D. c.


y /u i ,

T. L. DAVIS, VICE PRESIDENT F. W. THOMAS, VICE PRESIDENTj . f. McDermott, vice presidentJ. T. STEWART, III, CASHIERC. D. SAUNDERS, ASST. TO THE PRESIDENT

F. H. DAVIS, PRESIDENT G. T. ZIMMERMAN, ASST. CASHIER A. H. CHISHOLM, asst, cashier E. F. JEPSEN, ASST, cashier O. H. ELLIOTT, asst, cashier C. H. VEBER, ASST. CASHIER

TRUST DEPARTMENT W. E. SPEAR, Trust Officer May 25, 1933,

Mr. Eugene Meyer, 1625 Crescent Place Washington, D. C.

Dear Mr. Meyer:I am frequently reminded of the fine treat

ment I have received at your hands during the past dozen years. I admire your business sagacity and recognize the soundness of your policies. The Federal Reserve Board ■will keenly feel the loss of your counsel.

Both Wayland Magee and D.P.Hogan recently expressed to me the friendliest feeling toward you and Mr. Harrison.

I hope that I may again have the opportunity to serve under you and wish to state my deep appreciation of the many courtesies that you have extended me.

With all good wishes,Sincerely,


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