I realized the seriousness and delicacy of the situation I was asked to handle, and, being on the friendliest terms with Mr. Bryan, I telephoned him and invited myself to his home—the old Logan Mansion, a beautiful place in the northwest part of Washington. I found Mr. Bryan alone when I arrived. We went at once to his library and, in a boyish way, he showed me a picture which the President had autographed for him only a few days previous. As we stood before this picture Mr. Bryan gave expression to his sincere admiration and affection for the President. He related, with deep feeling, how much Mr. Bryan had enjoyed his contact and official companionship with him and how he had come to have a very deep affection for him. As we turned away from the picture, he grew serious and began the discussion of the very thing the President and I had conferred on only a few hours before. He freely discussed his differences with the President over the Federal Reserve Act, and asked me the direct question: "Who from Wall Street has been discussing this bill with the President? I am afraid that some of the President's friends have been emphasizing too much the view of Wall Street in their conferences with the President on this bill." I frankly told Mr. Bryan that this imputation did a great injustice to the fine men with whom the President conferred on the matter of banking reform and that I was certain that the President's only intimate advisers in this matter were Mr. McAdoo, Senator Owen of Oklahoma, and Mr. Glass of Virginia, and that I personally knew that in their discussions the President never argued the point of view of the Eastern financial interests. Mr. Bryan was reassured by my statement and proceeded to lay before me his objections to the character of the currency issue provided for in the bill. He then took from the library shelves a volume containing all the Democratic National platforms and read excerpts from them bearing upon the question of currency reform. He soon convinced me that there was great merit in his contention. Before leaving him, I told him of my interview with the President and how deeply distressed he [the President] was that Mr. Bryan was not disposed to support him in the matter of the Federal Reserve Act. It was evident that Mr. Bryan felt a keen sympathy for the President and that he was honestly trying to find a way out of his difficulties that would enable him to give the President his whole-hearted support. He showed real emotion when I disclosed to him the personal feelings of the President toward him, and I feel sure I left him in a more agreeable frame of mind. I told him that I would talk with the President, Mr. McAdoo, and Mr. Glass and report to him on the following day.