The letter is from James R. Jones, a member of Congress, in response to a comment from Mr. and Mrs. Fred D. Lee regarding the Electronic Funds Transfer System. Jones mentions that legislation is pending regarding the system and acknowledges the impact it could have on competition between banks, availability of credit, and consumer privacy. He promises to consider their views when the legislation reaches the House floor. Mr. and Mrs. Lee also express their opposition to the system in their letter to Jones.