Benjamin Strong Jr. to William G. McAdoo
Title
Benjamin Strong Jr. to William G. McAdoo
Creator
Strong, Benjamin, 1872-1928
Identifier
WWP18503
Date
1915 August 28
Description
Benjamin Strong Jr. writes William G. McAdoo regarding the foreign exchange.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
PERSONAL.
My dear Mr. McAdoo:
You doubtless noticed by the daily papers that a Committee of English and French bankers, and possibly some government officia,ls is planning to visit this country in the near future with a view to discussing the foreign exchange situation. So far as I am aware, this visit is a purely voluntary one. It will, however, raise the question in regard to foreign loans in a most important way.
I am writing to inquire whether it may not be well to have a letter addressed to you making inquiry as to whether our government sees any objection to the arrangement of a large credit in this country for the purpose of enabling payment to be made for our exports. The question has not yet been pressed, nor need it be at the moment, but this letter is simply a preliminary inquriry to ascertain whether you see any objection to a ltetter of that character being addressed to you prior to the arrival of these gentlemen.
I hope you keep well and enjoy the few moments of rest on your working holiday.
Sincerly yours,
Hon. William G. McAdoo
North Haven, Maine
My dear Mr. McAdoo:
You doubtless noticed by the daily papers that a Committee of English and French bankers, and possibly some government officia,ls is planning to visit this country in the near future with a view to discussing the foreign exchange situation. So far as I am aware, this visit is a purely voluntary one. It will, however, raise the question in regard to foreign loans in a most important way.
I am writing to inquire whether it may not be well to have a letter addressed to you making inquiry as to whether our government sees any objection to the arrangement of a large credit in this country for the purpose of enabling payment to be made for our exports. The question has not yet been pressed, nor need it be at the moment, but this letter is simply a preliminary inquriry to ascertain whether you see any objection to a ltetter of that character being addressed to you prior to the arrival of these gentlemen.
I hope you keep well and enjoy the few moments of rest on your working holiday.
Sincerly yours,
Hon. William G. McAdoo
North Haven, Maine
Original Format
Letter
To
McAdoo, W. G. (William Gibbs), 1863-1941
Files
Collection
Citation
Strong, Benjamin, 1872-1928, “Benjamin Strong Jr. to William G. McAdoo,” 1915 August 28, WWP18503, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.