Benjamin Strong Jr. to William G. McAdoo
Title
Benjamin Strong Jr. to William G. McAdoo
Creator
Strong, Benjamin, 1872-1928
Identifier
WWP18535
Date
1916 August 1
Description
Benjamin Strong Jr. writes William G. McAdoo to thank him for his good wishes during Strong's sickness.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
Dear Mr. Secretary:
Your very kind notes of June 13th and July 26th have just reached me here and I hasten to acknowledge them and to express my deep gratitude for your sympathy and encouragement. It was a great blow to me when I learned that it would be necessary for me to accept banishment for a period, particularly at a time when it seemed as though we were beginning to realize the benefits and get some of the rewards of two years of very hard work. Following the advice of doctors I have spent the last month or so in doing absolutely nothing but loafing, reading and, as you may imagine, a powerful lot of thinking.
The result of these coagitations is the growing confidence in the ultimate complete success and popularity of the Federal Reserve System. Of course there were many difficulties to be overcome, but these I think you will agree have been met with energy and good spirit and I believe it will be shown with success.If, as I expect, it is possible for me to take up the work again, it will of course be with added interest after this enforced holiday.
You and your associates have been most encouraging and your attitude has been and will prove to be a great influence in getting me back where I belong.
Thanking you most warmly for your kind letter and for your interest and sympathy, I am, with kindest regards,
Your very kind notes of June 13th and July 26th have just reached me here and I hasten to acknowledge them and to express my deep gratitude for your sympathy and encouragement. It was a great blow to me when I learned that it would be necessary for me to accept banishment for a period, particularly at a time when it seemed as though we were beginning to realize the benefits and get some of the rewards of two years of very hard work. Following the advice of doctors I have spent the last month or so in doing absolutely nothing but loafing, reading and, as you may imagine, a powerful lot of thinking.
The result of these coagitations is the growing confidence in the ultimate complete success and popularity of the Federal Reserve System. Of course there were many difficulties to be overcome, but these I think you will agree have been met with energy and good spirit and I believe it will be shown with success.If, as I expect, it is possible for me to take up the work again, it will of course be with added interest after this enforced holiday.
You and your associates have been most encouraging and your attitude has been and will prove to be a great influence in getting me back where I belong.
Thanking you most warmly for your kind letter and for your interest and sympathy, I am, with kindest regards,
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,” 1916 August 1, WWP18535, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.