Guy Emerson to Clarence F. Pritchard
Title
Guy Emerson to Clarence F. Pritchard
Creator
Guy Emerson
Identifier
WWP18595
Date
1918 June 3
Description
Guy Emerson writes Clarence Pritchard regarding the work Pritchard did with the Publicity Department of the Liberty Loan Committee.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
Dear Mr. Pritchard:
I am attaching hereto a copy of a letter received from Governor Strong which concerns the work that the Publicity Department did in the Third Liberty Loan and it is, therefore, directed to you. We are not doing this work for any recognition, direct or indirect, but it is pleasant to feel that this Department has the backing of the man at the head of it. I feel sure that you realize fully that in everything you have done you have had the complete backing of the head of the Department as well as the head of the Liberty Loan Committee. This backing has been evidenced by giving you as far as possible a clear hand in developing your own organization and relying upon your unquestioned loyalty to do everything exactly in the manner that you would do it if you knew that Mr. Strong were always at your hand. During the next loan the same policy will be in effect as far as possible and I believe that difficult as it may be the next loan will be more of a success than the third. You hafve doubtless seen the statement of the President’sWoodrow Wilson message to Congress of May 28, 1918, in which he stated that “In the autumn a much larger sale of long time bonds must be effected than has yet been attempted”. No one knows how much this means in dollars. It seems probable, however, that it means not less than five billion. It may mean six or seven. What this means in our work is obvious.I am back at my desk ready to take up any problems you may have. I feel that the time between now and the beginning of the next loan is not too long to accomplish the work which we have before us. Thanking you again for your tireless and helpful work in the past,
I am attaching hereto a copy of a letter received from Governor Strong which concerns the work that the Publicity Department did in the Third Liberty Loan and it is, therefore, directed to you. We are not doing this work for any recognition, direct or indirect, but it is pleasant to feel that this Department has the backing of the man at the head of it. I feel sure that you realize fully that in everything you have done you have had the complete backing of the head of the Department as well as the head of the Liberty Loan Committee. This backing has been evidenced by giving you as far as possible a clear hand in developing your own organization and relying upon your unquestioned loyalty to do everything exactly in the manner that you would do it if you knew that Mr. Strong were always at your hand. During the next loan the same policy will be in effect as far as possible and I believe that difficult as it may be the next loan will be more of a success than the third. You hafve doubtless seen the statement of the President’sWoodrow Wilson message to Congress of May 28, 1918, in which he stated that “In the autumn a much larger sale of long time bonds must be effected than has yet been attempted”. No one knows how much this means in dollars. It seems probable, however, that it means not less than five billion. It may mean six or seven. What this means in our work is obvious.I am back at my desk ready to take up any problems you may have. I feel that the time between now and the beginning of the next loan is not too long to accomplish the work which we have before us. Thanking you again for your tireless and helpful work in the past,
Original Format
Letter
To
Clarence F. Pritchard
Files
Collection
Citation
Guy Emerson, “Guy Emerson to Clarence F. Pritchard,” 1918 June 3, WWP18595, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.