Carter Glass to Benjamin Strong Jr.
Title
Carter Glass to Benjamin Strong Jr.
Creator
Strong, Benjamin, 1872-1928
Identifier
WWP18793
Date
1922 February 16
Description
Carter Glass writes Benjamin Strong Jr. regarding a speech he gave on the Senate floor in defense of the Federal Reserve.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
My dear Governor Strong:
I have yours of February 15th and deeply appreciate your commendation of my speech in the Senate in defense of the Federal Reserve Banking System. It is full compensation for the work involved to realize that so many persons who have an understanding of the problem approve what I said on the subject.While I would have been glad to receive your longer letter, I beg to assure you that you do not need to explain to me any of the personal aspects of the matter in controversy. I am sure you have always been guided by honest conviction, whether dead right or dead wrong. On this score you and I once had a difference which was cleared up and adjusted, leaving me with an unbiased appreciation of the able service performed by you under difficult circumstances in trying times. Senator Heflin was indecent enough to make a passing reference to this incident in the Senate not long ago, having obviously received the suggestion from another source; but there is nothing too contemptible for some people to do.I have pleasure in assuring you that my health is good enough; but my strength has been right much taxed, if not almost exhausted, by failure to take a relaxation from public life since I begun work in April 1912 on Federal Reserve legislation. My energies are getting burnt out; but I am glad I had enough left to say some things to and about some people in the Senate the other day.I hope very much your health is fully restored and that your labors will not ever again be interrupted by illness. Be sure to come to see me when next you are in Washington.
I have yours of February 15th and deeply appreciate your commendation of my speech in the Senate in defense of the Federal Reserve Banking System. It is full compensation for the work involved to realize that so many persons who have an understanding of the problem approve what I said on the subject.While I would have been glad to receive your longer letter, I beg to assure you that you do not need to explain to me any of the personal aspects of the matter in controversy. I am sure you have always been guided by honest conviction, whether dead right or dead wrong. On this score you and I once had a difference which was cleared up and adjusted, leaving me with an unbiased appreciation of the able service performed by you under difficult circumstances in trying times. Senator Heflin was indecent enough to make a passing reference to this incident in the Senate not long ago, having obviously received the suggestion from another source; but there is nothing too contemptible for some people to do.I have pleasure in assuring you that my health is good enough; but my strength has been right much taxed, if not almost exhausted, by failure to take a relaxation from public life since I begun work in April 1912 on Federal Reserve legislation. My energies are getting burnt out; but I am glad I had enough left to say some things to and about some people in the Senate the other day.I hope very much your health is fully restored and that your labors will not ever again be interrupted by illness. Be sure to come to see me when next you are in Washington.
Original Format
Letter
To
Strong, Benjamin, 1872-1928
Collection
Citation
Strong, Benjamin, 1872-1928, “Carter Glass to Benjamin Strong Jr.,” 1922 February 16, WWP18793, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.