Theodore E. Burton to Benjamin Strong Jr.
Title
Theodore E. Burton to Benjamin Strong Jr.
Creator
Theodore E. Burton
Identifier
WWP18433
Date
1913 December 16
Description
Senator Theodore E. Burton writes Benjamin Strong Jr. on the Federal Reserve Act.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
THEODORE E. BURTON.
My dear Mr. Strong:
Your letter of yesterday is just received. In some remarks published in the Record this morning, at the end I believe, you will find a running dialogue in which numerous members of the Senate participated which will throw light upon the interpretation of the measure and upon the ideas of those who framed the bill. It may be that you will be especially interested in the discussion relating to the use of Federal Reserve notes as reserves by member banks, which is at the end of the discussion.
I sincerely hope that you may come over here, although I fear we may be forced to a vote at a much earlier date than has been expected; possibly in a couple of days.
Mr. Kent has arranged to leave tomorrow at 12:30. I cannot too strongly state how much he has aided me.
My dear Mr. Strong:
Your letter of yesterday is just received. In some remarks published in the Record this morning, at the end I believe, you will find a running dialogue in which numerous members of the Senate participated which will throw light upon the interpretation of the measure and upon the ideas of those who framed the bill. It may be that you will be especially interested in the discussion relating to the use of Federal Reserve notes as reserves by member banks, which is at the end of the discussion.
I sincerely hope that you may come over here, although I fear we may be forced to a vote at a much earlier date than has been expected; possibly in a couple of days.
Mr. Kent has arranged to leave tomorrow at 12:30. I cannot too strongly state how much he has aided me.
Original Format
Letter
To
Strong, Benjamin, 1872-1928
Files
Collection
Citation
Theodore E. Burton, “Theodore E. Burton to Benjamin Strong Jr.,” 1913 December 16, WWP18433, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.