The text is a letter from William R. Nash, President of United Bank, expressing concern about the potential impact of H.R. 11221 on commercial banks. He highlights that the bill guarantees 100% insurance on all deposits of public funds in banks, savings and loan associations, and mutual savings banks, putting commercial banks at a disadvantage in competing for deposits. Nash requests that Congressman James R. Jones educate him on the reasons for this discrimination or help commercial bankers in fighting against it. Congressman Jones responds by thanking Nash for sharing his views and assuring him that he will keep them in mind when the bill reaches the House floor for a vote.