Letter from Chester Morrill to William McChesney Martin



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A cover letter to Mr. William McChesney Martin, Governor, Federal Reserve Bank of St. Louis, from Chester Morrill, Secretary, Board of Governors, transmitting a the following documents: Progress Report of the Committee on Branch, Group and Chain Banking to the Conference of Governors and Chairmen, November 30, 1931; Statistical Data, November 6, 1931.

The Federal Reserve Committee on Branch, Group, and Chain Banking was appointed by the Federal Reserve Board on February 26, 1930. The charge to the committee was "to assemble and digest information on branch banking as practiced in the United States and elsewhere, the unit banking system of the country, and the effect of ownership of bank stocks by investment trusts and holding corporations." Ten reports, a progress report and a summary report were completed by the committee. Committee members were E.A. Goldenweiser, Chairman, Director of Research and Statistics, Federal Reserve Board; Ira Clerk, Deputy Governor, Federal Reserve Bank of San Francisco; M.J. Fleming, Deputy Governor, Federal Reserve Bank of Cleveland; L.R. Rounds, Deputy Governor, Federal Reserve Bank of New York; and E.L. Smead, Chief, Division of Bank Operations, Federal Reserve Board. J.H. Riddle served as Executive Secretary and Director of Research.

Citation
Board of Governors of the Federal Reserve System (U.S.). Committee on Branch, Group, and Chain Banking, ([year]), Letter from Chester Morrill to William McChesney Martin, [issue title/date], accessed Jul 22, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=809

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1931