November

Dear John:

Attached is copy of a letter from theable Mr. Upgren «faich the Chairman thought youmight be interested in seeing confidentially,if only to explain the meaning of the one word.Our profane vocabulary is very limited, as youknow. What we would like to know is what youthought of the same performance, assuming a Yaleman is willing to say what he really thinks.

Faithfully,

Mr. John H. Peyton, President,Federal Reserve Bank of Minneapolis,Minneapolis, Minnesota.

P.S. I don't care to be reminded of last Satur-day's football score.

B.T.

Attachment

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MINNEAPOLIS

STAR- JOURNAL AND TRIBUNE

ARTHUR R. UPGRENASSOCIATE EDITORIAL EDITOR

MINNEAPOLIS STAR-JOURNAL

November 6, 1946

Personal

Mr. Marriner Eccles, ChairmanBoard of Governors ofFederal Reserve SystemWashington 25, D. C.

Pear Governor Eccles:

Last Friday John Peyton had agroup of visitors in to hear your fellowmember, Vardaman, expound some of hispoli t ical and economic views.

Though he makes proper qualificationsof the precise way in which he raises hiscriticisms, I couldn't "be frank if I didn'tdescribe my impressions in just one word:

"Godfandamtastic."

Very cordially yours,

Arthur R. Upgren

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Hoveaber 18, l$Ji*6.

Dear Mr. ffpgre&s

Tour not© of November 6 with&ard to John Peyton** meeting was partiouItirly ltiterestixtg to ma, and I appreciateha-viug your oorawentary. IncidwaUtlly, i tadds a new and apt word to &y vocabulary.

beet re^arda,

Sincerely yours.

~

Mr. Arthur R. Upgren,Astooiate Editorial SditorffMinneapolis Star-Journal,Minneapolis # Minnesota.

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