The text is a letter from James R. Jones, a Member of Congress, responding to a letter from William C. Alspaugh, President of Peoples Savings and Loan Association, regarding H.R. 11221. Jones explains the status of the bill in Congress and assures Alspaugh that he will keep his views in mind when the bill comes to a vote. Alspaugh had previously requested support for the St. Germaine Bill HR 11221, which he believes will benefit the public and the savings and loan industry. Jones thanks Alspaugh for his letter and assures him of his support for the bill.