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II Acceptances: Senate bill, re tentlf per cent restriction in, Advisory Council's motion to strike cut Advisory Council's report to strike cut State laws re, digest of, to be prepared by Counsel Memo. of Counsel re above digest, Sutro Bros., purchase of acceptunces by, not warranted without endorsement; form of condition of, approved. Warehouse receipts protecting, letter from F. K. Bank of Atlanta re Bernhard, Scholle & Co., letter from re Bankers: Investment policy of F. R. Bunks re, especially of San Francisco. Pamphlet re, proposed, letter from Mr. Curtiss to Mr. Warburg re, Domestic: Report of Com't on Investments re plan re, drawn against bills of lading. Renewal: Report of Ur. Warburg re reporting of, agreed to. Reports re change in, ref. to Exec. Com s t. Trade: Addy (Matthew) Company, of Cincinnati, letter from re, Advertising as basis of, Letter to F. K. Agents re, Approved. Advertising as basis of, Question re, ref. to Law Comit. for regulation re, Collection of, inquiry of Jerome Thralls re charges for, . Counsel's interpretation of, letter of Gov. Seay re, and reply. DuBrul, E. F., letter from, re increasing use of, ErItinger, Blumgurt & Co., Messrs. N., efforts of, to popularize, commended. 2/19 2/19 19 191 3/2 3/9 233 261 4/13 390 4/11 4/16 376 401 3/28 317 4/11 376 4/25 450 4/16 402 4/13 390 6/13 616 1/22 59 1/13 42 6/27 679 3/14 279 4/9 370 5/25 561 hI Acceptances: Trade: F. R. Bank of Boston Rate of 41'. for, up to 90 auys, requested 6/26 Approval of above rate 6/26 F. R. Bunk of Minneapolis, opinion of Counsel re statements in pamph— let sent out by, re 6/20 F. R. Bunk of St. Louis, Increase in rate on, to 32% approved. 1/4 Harley—Davidson Motor Co. of Milwaukee, Correspondence with, re 1/29 Report of Mr. Warburg re form of, for, ordered transmitted; correspondence to be sent to F. R. Banks. •2/2 Letter from, re. 2/26 Form of, used by, certified to 3/28 be correct. 6/13 Inquiry re, to be made by Secretary International Harvester Co., letter from, re statements in literature 6/11 re, sent out by F. R. Bunks. Letter re status of, as affected by Sec. 5200, written for signature 6/9 of Vice Governor, approved. Literature sent out by F. R. Banks re, letter of Comptroller re certain statements in; similar letter of 6/11 International Harvester Co. 6/26 McCord, Gov., letter of, re National Ass'n. of Credit Men to hold conference re; H. P. Willis to accept invituticn to speak. 2/8 Opinion of Counsel re status of, as affected by Sec. 5200, approved. 6/9 Reporting of aiscounts of, by F. R. Bunks, as consolidated items, 1/11 approved. Special form of, offered to Gov. 2/23 McCord, letter re Wills, D. C., Inquiry from re, 3/9 Wills, D. C. 3/7 Letter from, re status of, 665 669 643 15 87 109 220 316 616 608 597 608 221 136 597 37 207 262 246 IV Accommodation, demands for, at F. R. Bank of Chicago, probable form of Accounting: Accountants, services of, offered to Board by Senator Hale Article re,to be reprinted as pamphlet Institute of Public Accountants, Board to send delegates te meeting of, Addresses: American Institute of Banking, Toledo, Ohio; Mr. Willis. Gov. Harding; New Haven and Reading Maine Bankers Ass'n; Mr. Hamlin. Michigan Bankers Ass'n; Gov. Harding. Minneapolis bankers' meeting; Gov. Harding. Natl. Ass'n of Credit Men Request of, for a speaker for Mar.S. National Ass'n of Credit Men, H. P. Willis to address, National Ass'n of Manufacturers; Mr-Willis Pittsburgh Chamber of Commerce; Gov. Harding. Southern Wholesale Grocers Ass e rt; Gov. Harding. Vollborn LB., copy of address by, forwarded, Western Economic Society; Mr. Miller; Adeo, A. A. Ass't Sec'y of State, Spanish exchunge, letter from re, Advertising: 4/13 389 5/10 4/25 491 455 1/10 32 5/11 5/31 4/30 2/21 496 576 469 204 5/11 499 97 2/8 3/27 136 307 1/16 52 2/26 221 2/26 5/24 222 555 1/26 80 see under Acceptance, Trade. Advisory Council: 4/17 Amendments, 4/18 409,411,419 Consideration of, Amendments, 1/29 Memo. of, re. 87 by, reported conditions Business 0 9 194-8 375 4/11 Date for, set as April 17. meeting of, 403 named. 4/16 Date for Elections to, Masers. Noraood, Record and Lyerly 1/15 elected. 48 V Advisory Council: Elections to tatts, F. C., re-elected to 1/8 21 Hayes Bill, opinion re 4/18 418 Liberty Loan Amount of, opinion of each member 4/18 re, 425-428 Liberty Loan Discussion re, 4/17 408-416 4/18 419-428 Liberty Loan Opinion re, aeopted by, 418 4/18 Meeting with Board 178-180 2/19 2/19 187-199 4/17 408-416 4/18 417-428 Membership in, rotation plan for Advisory Council's report re, 191 2/19 Membership in, rotation plan for, 87 Letter of James B. Forgan re, 1/29 Linutas of joint session of, with Board Ref. to Mr. Delano 4/18 404 heported by Mr. Delano and filed 4/19 430 Taxation (retro“ctive), opinion of each member re, 4/18 425-428 Taxation policy for war costs, opinion re, ,:aopted by. 4/18 417 Topics for, requested by Rue; discussed 4/12 381 Topics for February meeting Mr. Delano appointed a subcommittee re, 2/1 98 Topics for February meeting Forgan, J. B., letter from re, 2/1 98 Advisory Council to Board of Directors of member bunk St-tus of, ithin meaning of Clayton Act, defined by Counsel. Aetna, N. B., Hartford, Conn. sea Hartford-ALetna N.B. Agricu1tur.,1 Loans. See under Loans 1/22 61 VI Agricultural paper: Anderson, Alden, correspondence of Mr. Perrin with, re, circulated. Sew', Gov., proposal by, to make rate of 3 to 4%.on 3/6 240 4/18 405 Aiken, Alfred, Governor of F.R.Bk.of Boston. Letter from, re his visit to Chicago and re u possible connection with F. E. Bunk of N. Y. 3/19 291 Alabama State banking situation, letter from M. B. Wellborn re, 1/15 47 Aldrich-Vreeland currency, amount issued to the sections of the country in 1914, Secretary to obtain statement re, 2/5 122 5/16 519 5/11 497 5,/21 537 5/2 472 4/30 464 4/19 433 Aliens, letter from F. h. Bk. of Chicago re action taken to make known position of the 4/11 President re, 376 Allen, George F., letter from, re sending of copies of amendments to State Banks. 6/26 663 Allen, Sherman To accompany Lord Cunliffe on trip to Boston. 5/11 497 Alien enemies, business relations with. Chicago bank suspected re, memo. of British Embassy re, Circular re, question of furnishing, to Official Bulletin. Dearborn National Punk, Chicago, report of Mr. rarburg re certain transactions of, Draft of letter re, to be sent to Governors and F. R. Ai,ents, tentatively adcpted, Notification to bunks re policy of Government re, letter from Hon. F. L. Polk re; circular re, to be prepared. Opinion of counsel re, and letter of Ase't Attorney General Warren re, VII Allen, Sherman Bond of, question re premium of, tabled. Bond of renewed Gold settlement fund, resolution re transfer of management of, to Mr. Willis Leuve of absence, supervision of Gold Settlement Fund turned over to Mr. Willis by Leave of absence granted to. Resolution re authorization of, to accompany Lord-Cunliffe to F.R.Banks. 4/9 4/2 372 323 5/10 486 4/20 263 437 5/10 486 Amendments: See also Hardwick Amendment. Advisory Council: Discussion re, by 4/17 Memo. by 're; to be issued to the press and in Bulletin. 1/29 Outline of, presented to, by Gov. 4/17 Harding. Bennett, (Rep.) conversation with, re, 2/26 reported by Mr. Wurburg. Capital for state member bunks in small cities, possible umendaent re limit 4/25 • of, to be considered. Circulating member banks re matters growing out of, inquiry from Secre6/28 tary Curtis re, Conference between Covernor ard Secretary McAdoo and Chuirman Glass re, voted. for. 5/28 Conference of Governor Harding with Chairmen of Banking and Currency Cor'ts 1/2 re, to be arranged. above re Governor's report 1/2 conference. Harding with Gov. House of Conference Banking & Currency Comit., resume of 1/20 Conference of Gov. Harding with Senate Bunking and Currency Coet. 2/14 Report re, Conference of Gov. Hardin, with Senate Bunking & Currency Com't. Report re, to Conf. of Govern4/6 ors. Conference of Governors, Governor Harding's statement before,re 4/4 411 87 409 220 449 683 565 6 8 55 155 359 339 VIII Amendments:. Conference of Governors: Recommendations of, re chbk-es in 4/6 357-9 Congressional action re, discussion re, by Board. 513 5/12 Copies of, to be sent to Advisory Council, on request of Mr. Forgan, ank to P.R. Agents. 1/2 6 Copies of, to be sent to F.R.Agents, Draft of letter to accompany,discussed 1/4 16 Copies of, inquiry of George E. Allen re intention of Board to send, to State Bunks. . 6/26 663 Deputy F.R.Agents, discussion re emendwent re, 1/15 46 1/25 75 1/2 Discussion re, 9-10 1/4 16 2/21 205 3/9 260 3/21 297 4/4 332 4/t 367 (Mr. Curter Glass present) 5/26 565 Editing of revision of Act, Mr. Hamlin appointed re, 6/10 641 F.R.Hctes: Discussion of suestion raised by proposed charges in amendment re; views of Cowptroller re, 5/10 492 F.h.Notes: Joint custody of, Counsel to begin work on amendment re, 3/14 279 F.R.Notes: Stock of, held at branch offices of F. R Bunks in trust for Comptroller, . bme ndme rm ye, suggested 4/19 432 by Mr. Perrin. 3/12 269 File of, to be kept by Law Dept. 6/5 Fr6me, A.J., letter from, re 585 Class, Carter, conversation of, with Mr. Willis reported and discussed. 1/11 37 Gold settlement Fund, changes in amendments re, discussed; Governor to report to 145 2/12 Senate Com e t. re, IX Amendments: Guarantee of deposits, Senate bill re, discussed. Hearings re, Invitation to Board to attend sent by Mr• Class. Testimony of Gov. Hardirg, given Jan. 18, reviewed. Issue of currency against 3/ one-year bonds, amendment re, withdrawn. Letter to Chairmen Owen and Glass re Board's pending amendments, to be written by Gov. Harding. Letter to House and Senate conference committees re Board's views. Loans (10% limitation on bank loans) Owen, Senator, letter from, re Senate bill, McAdoo, W. G., 2 amendments suggested by, McDougal, Gov., letter from, re Memo. of Counse:.'. re additicna amendments, tabled. National Bank Act, draft of bill amending, transmitted by Perrin, Necessity of passage of, Letter to Chairmen Owen and Glass re, Letter to Senator Owen re, 4/16 396 1/15 45 1/18 50 1/22 57 4/2 325 5/11 498 6/26 666 1/12 40-1 6/28 686 5/10 491 2/12 146 4/25 4/27 2/28 2/28 4/2 456 462 226 228 325 Letter to the President re, Note issue: Government obligations to protect F.R.Notes, plan to alter amendment so as to permit, propoiled by Secretary McAdoo; Board not in favor. ' 5/10 President, letter from Board to, suggesting need of urging Congress to act on,4/2 Press statement re, authorized. 1/12 Publicity re proyosed anendments discussed; letter from Jay re, 1/11 Puelicher, J. H., approval of, by, 4/19 Record of, to be transferred to Counsel's office froir Secretary's Of rice • 2/23 483 325 40 36 431 410 X Amendments: Redraftirc of,taken up. Reprint of act as amended, telegram to F.R.Bunks re number desired. Reserve balances help by country banks in reserve cities, inquiry from Mr Class re Board's vieW of proposal to cut. Section 9 of the Act, ,4mer4ed re, ref. back to Counsel. State bunks, admission of small, recommendations re amendrents re, forwarded by Senator Oyez. State bunks, memberehip of, letters from National Bunk of Commerce, Detroit, Mich., and Mr. Alden Anderson re, State bunks, power of, to carry balances in F.R.Banks, and to clear through them, letter of Gov. Harding to Senator Page re. State banks, taxation provision to encourage entrance of, to be added to Status of, and probable method of consideration of by Congress, stated by Governor. Status of, discussed. Synopsis of, reprints of, authorized. Taxation provision to hasten entrance of State banks, amendment re, to be prerared. Visit of Gov. Harding to Capitol to discuss, report n3; another visit to be made. Voto of Board re action re, in view of advance of session to April 2. Vote of B(ard re attitude toward passage of, Wolu, letter from, re, to be transmitted to Curter Glass. American Bankers Ass'ns Annual Convention, Sept. 27, 1917. vitation to Board to attend. 1/2 9 6/19 640 1/26 82 3/27 309 5/25 558 4/30 467 4/16 398 2/14 4/4 155 332 1/29 4/25 6A6 86 456 673 2/14 155 2123 217 2/21 297 6/1 581 1/22 56 In2/5 119 XI American Bankers Asen: State bunks, questions addressed to, by, letter of J. D. Puelicher re, 3/7 247 4/11 4/30 379 466 American Bankers Ass'n, Executive Council: Accommodation required at Briarcliff Lodge, inquiry from Secy.. Furnaworth re, Committee of Board to attend, named, Expenses of com't. to attend, to be paid by Board. Number of Board members attending meeting of, inquiry re; reply 4/20 438 4/12 383 A.B.A. State bunk section, Exec. Com't: Resolution re state banks and F. R. system passed by 5/12 509 American Express Co., Form of stateuent of condition of, approved. 4/13 American Foreign Banking Corp. Hirsch, C.J., Fifth & Third N.B., Cincinnati, request of, for permission to invest in, 6/18 637 American Institute of Banking, Toledo, Ohio, Secretary to address) 5/11 496 American, N. B,, Nashville, Tenn. Letter re loss of interest on transfer of funds from Kansas City to N. Y. 2/12 148 3/21 233 3/9 261 American, N. B., Richmond, Va. Real estate loan business of, letter of F. Lomax re, Real estate mortgages advertised by4 question re American Smelting & Refining Co.: Discounting of bills of, report of Mr. Warburg re, 1/11 38 American Trust Co., Attitude of, toward membership in FRS 1/15 47 XI) Anderson, Alden, Agricultural. paper, correspondence with 3/6 Mr. Perrin re, State bunks' membership, letter from, re, 4/30 Amendment re, 467 Anglo & London Paris. N.. B., San Francisco, Application of, to invest in Mercantile Bank of the Americans. 589 Annual report; Discussion re, 6/7 1/5 1/18 1/20 1/23. 1/24 F. R. Agent of Philadelphia, questions 1/22 re form of report of F. R. Agents' annual reports, release of, 3/14 3/27 Leather copies of, to be. obtained. 1/28 Statement of Gov. Warding re 1/15 Hardy, regret of, at misunderstanding re 3/16 date of release of report, Arkansas Bankers Aos'n: Governor Harding invited to attend, Governor Harding to decline invitation, Armour, J. 0. Clayton Act appeal of,.actien re, postponed. 2/8 4/19 1/5 240 18 54 55 71 74 58 280 309 20 46 284 136 431 17 Army, payments abroad: Disbursing of, letter of Secretary of 5/25 War re, representMethods of, letter from American 6/15 ative of Bunk of France re, 625 Assessments; See also under Examinations. Resolution levying, on F. R. Banks for expenses during July-Dec. 1917. 6/26 661 Ass't Att'y Gen'l Warren, letter to, re proposed meeting at New Ulm. 6/20 649 556 XIII Ase't Sec'y of State. See Ade°, A. A. Ass'n of Reserve City Bunkers, invitation from for Coy. Harding to attend. 4/2 323 Atascosa County State Bunk of Jourdanton, Texas, question of exam. of, 5/2 472 Atlanta. District, Banking conditions in, report of Mr. Delano re, 2/1 107 4/4 4/27 332 462 4/23 462 3/7 245 Attebery, 0. M.: See also Clearing & col., Expert on cleari. Expense vouchers of, payment of, authorized. Release of, at end of April, possible. Telegram to Coy. Wells thanking him for services of, Trip through West and South with Mr. Delano voted. Audit (internal) of F. R. Banks: Form for monthly reports re, recommended by Comet on Audit & Exam.; approved. 5/28 563 Backe, Knut, dispatch from State Department re arrival of, 5/10 491 Balances of State Banks. See under *State Bunks Baldwin, Roger A., Appointment of, in Secretary's office, report of Stuff Com.t re, 2/9 Banco de lu Nacion Argentina, Letter to, re relations with F. R. System, to be sent with State Dept. letters. 4/12 143 383 Banco di Napoli, See also under Foreign accounts, agencies. Conversation between representative of, and 4 representative of F. R. Bank of N.Y., described by Mr. Jay. 4/23 441 • XIV Banco Union, Cartagena, Colombua, Suspension of, letter from Secretary of State re, Bunk Cashiers Ass'n of Boston, Fepeal of reserves against postal deposits suggested by, 1/8 Bunk of Commerce, Jackson, Tenn. Limit of capital for state member banks in small cities, Jetter from re, Bank of England. See also under Foreign accounts, agencies, etc. Discount transaction with, Allotments of participations re, forwarded by F.R.Bk. of N. Y. Discount transaction with, Readjustment of participations of F.R.Banks in, letter of Coy. Strong re, Conference with, re foreign exchange and internatioral conditions. 4/25449 6/20 6/21 647 650 026 665 5/25 557 Bunk of France. See also under Foreign accounts, agencies. Army payments abroad, letter from American representative of, re 6/15 Transfer of funds through, to bunk of Spain, letter of Mr. %arden re, 3/6 Bunk of Kansas, Memo. of Counsel re establishment of Bunk of Montclair, Montclair, N.J., Entrance into FRS. Letter of Jay re, recommending that Board grunt admission, and stating bank's position re certain paper held by it. Press statement re, Application for shareS in F.R.Bk. of N.Y. approved. Examination of, by the State, accepted. See under Foreign accounts, Bunk of N. Y. agencies, Bunk of England. 625 242 2/23 207 1/18 1/18 53 54 2/10 2/23 144 214 XV Bunk of Russia. See under Foreign accounts, agencies, etc. Bunk of Spain. See also under Foreign accounts, agencies, etc. Transfer of funds to, through Bank of France, letter of Mr. Warden re, 3/6 242 Bunk of Wisconsin, Financing of a bank and office building, letter of, re method of, 1/8 Bunkers Club of Cleveland, Expenses of Mr. Miller in delivering address before, to be borne by Board. 2/14 165 Bunkers Trust Co., Sioux City, Ia., letter of Heath re second examination of, Report re above exam., presented. 3/19 3/30 288 319 Banking & Currency Committees. See also Class, Carter, Owen, Robert Amendments, Conference with. Bunking & Currency Committee, Senate. Country banker of Texas, letter of, re attitude toward F. R. System, to be presented to, at hearing. 2/13 150 Banking conditions: Atlanta, letter from Gov. McCord re, 2/8 Atlanta District, report of Mr. Delano re, 2/1 Buffalo, statement of Mr. Williams re bunking conditions in referring to Marine Bank, 3/16 Chicago, letter re, from F. R. Agent Heath, 4/9 Letters re, in Boston, Cleveland and St. Louis districts. 3/27 Montana, letters from Rich re, ref. to Comptroller. 1/2 New York, letter from Jay re, 2/8 Statement for rossiule publication to be prepared by Exec. Com et re; - letter from Gov. Seuy re. 3/23 bunking credits, transfers of, to neutral countries, letter from J. F. Curtis re, 5/18 23 137 107 285 371 306 5 136 302 526 XVI Bausch, Paul, employment of, as draughtsman, 4/19 Belgian water company, question of transmission of dividends to Antwerp due stockholders of, 6/16 Bennett, Congressman, Amendments, conversation with, re, reported by Mr. Warburg. Bernhard, Scholle & Co., Acceptances (bunkers), letter from re, Acceptances, domestic, of lading, report vestments re plan 433 633 220 proposed change in, 4/16 drawn against bills of Com it on Inof, re 4/25 Bil3s: State institutions, entrance of, into FRSystem, bili for adoption by a State Legislature authorizing, sent to F.R.Agent Curtiss and Coy. Rhoads. Supply of small bills, letter from F. R. Bk. of Dallas re obtaining. 401 4O 1/8 23 3/7 248 Bills of exchange: Endorsements, restricted, on, letter from J.F.Curties re, 5/2 Planters in foreign country, letter from Chase 11,4tional Bunk re acceptance of, on behalf of, 6/9 471 596 Binding, Compensation for J. V. Shea voted, for 1/8 26 Bingham, H. P. Directorship of, in Cleveland Trust Co., letter from D. C. Wills re, 3/2 232 Bizzell, Appointment of, in Division of Statistics, 2/16 175 Board Room, Farm Loan Board, resolution of thanks of, for use of, 301 Bond issues: See Government financing.Liberty Loan. 3/23 XVII Bond salesmen, release of, from compulsory enlistment, letter of Mr. Perrin re, 6/26 Bonds Allotments, data re to be in hand before March 31, reply of Governor to Mr. Jay and Gov. Rhoads. 3/12 F. R. Bk. of Atlanta, Small purchases of bonds at, letter from Mr. Wellborn re, 6/20 Purchase of, in Atlanta District, in advance of official date, inquiry from Coy. McCord re, und reply. 3/12 Purchase of, outside of district, letter from, Gov. Seay re requirement re, and reply. 3/12 Resources of F. R. Banks as used for rurchase of, letter of Seuy re, 1/11 671 267 643 266 266 36 Brodwell, cashier of F.R.Bk. of San Fran. Gold Settlement Fund, memo. of, re, 3/12 Bradley, E. C. of San Francisco, Appointed Director of F.R.Bk. of San Francisco 1/3 Branch Banks, domestic; Montana legislation proposed re, letter of V. L. Johnston re, 2/21 205 2/19 187 1/12 41 5/25 559 3/6 237 5/18 527 5/0 548 Branch Banks, FRS: Advisory Council's report re agencies vs. branches. Amendment re power of Board to direct openirE of, suggested by Sec'y McAdoo Baltimore, Appointment in branch at, requested by J.G.Vincent. Baltimore, Correspondence with Gov. Seay, re. Establishment of, at, authorized by F.R.Bk. of Richmond; tentatively approved by Board. Press statement re branch at, authorized. 272 12 Bmnch Banks, FRS: Baltimore, Seuy, letter from re, 3,42 6/26 Detroit, McDougal, Gov. letter from, re desire of Detroit bunkers for brunch. 6/26 Bylaws for, draft of, presented by Mr. Delano and approved for trunimission to F. R. Bunks. 6/28 By-laws re, to be simplified by Law Com y t. Committees on Operution of banks to re3/6 port re, Conference of Governors, Discussion by, re, desired by Gov. 4/4 Harding. 4/6 Resolution in favor of agencies by, Executive Com't.0 have charge ofquestions re and to prep;.re draft of by6/27 laws,ete., re Louisville, Report re (progress) made by Mr. 3/16 Delano. Shirley, Hon. Swager, letter of, re 5/10 Subject made special order for March 3/12 14. Omuhu, Omahu Clearing House Assin, request 6/7 of, for branch Pacific Northwest, Announcement re, sent by Mr. Perrin, to be published April 29. 4/27 Arrangements re, discussed in correspondence between Mr. Miller and 5/31 Mr. Perrin. 3/28 By-laws for, draft of, discussed. Decision of F.R.Bk. of S.F. to establish 3 brunches; action approved by Board. 4/25 Directors and manger of, appointment of, discussed; postponement advised. 6/7 Discussion re; letters from Mi..Perrin3/12 Discuseion re; substitute of Mr. Delano re matter, “greed to; matter ref. buck to Com it. on Opera4/19 tion. 272 670 670 682 238 238 344 356 676 282 487 274 590 461 577 316 449 588 274 430 XIX Branch Banks, FRS: Pacific Northwest, Hearings re, suggested by Mt. Perrin,3/6 239 Letter'from Mr. Perrin re, 2/23 213 Letter of Mr. Perrin re; agency rather the.n branch favored. 2/26 220 Mr. Miller to visit, and report re, 3/23 304 Mr. Miller's visit to Cal. re; plans re, 3/27 309 Mr. Miller's visit to Cal. re; correspondence with Mr. Perrin re, read to. 3/28 316 Report re (progress) mate by Mr. Miller. 3/16 281 Report of Mr. Miller re visit to San Francisco re, 4/12 384-7 Study re branch situation on, to be made by Mr. Perrin. 2/13 152 Telegram from Mr. Miller re, 367 4/5 4/9 372 Telegram of Mr. Miller to Mr. Perrin re, 3/21 295 Telegram from Mr. Perrin re, 3/23 304 Telegram from Mr. Perrin re, read, and action of F.R.Bk. of S.F. approved. 4/25 448 Pittsburgh, Conversation of Governor with Senator Oliver re; Board's position re, stated. 2/7 129 Letters from Gov. Fancher and Pittsburgh Clearing House Ass'n re branch at 6/27 676 Portland, Board's opinion in favor of, as best - • place. 3/28 316 Huvley', W. S., letter from, re, 3/21 295 Portland Clearing House Ass'n, brief filed by, re branch at, 4/18 405 Sinnott, letter from,re 3/7 246 Position of Board re, stated. 2/7 129 Seattle, Agency vs. branch at, letter of Mr. Perrin stating views of persons re, 2/26220- XX Branch Banks, FRS:. Seattle, Backus, M.F., letter from, to Hon Hugh Wallace, re branch at, Board of directors, F.R.B, of S.F., Action of, in naming; Seattle, Complaint of Seattle N.B. re attitude of F.R.Bk. of San Fran. re estAblishment of, Discussion re; Mr. Perrin to make study re, Establishment of, at, asked by J.W. Maxwell in telozium to Hon. Miles Poindexter. Kelleher, Daniel, letter from re, 4/4 331 4/18 406 3/1 229 2/13 152 2/9 3/2 3/6 3/12 6/26 140 233 255 267 670 Need for, showri by failure of banks in; letter to Comptroller re, 2/16 Situation re, letter from Mr. Perrin re, 2/21 Spokane, Poindexter, Senator, letter from, re 4/12 Spokane. Clearini; house Assin, telegram from, 4/20 State banks to apply for admission, desire of Board re, 6A Territory to be assigned to, letter of Mr. Perrin re, 6/28 6/27 Wells, Gov. Rolla, letter from, re Branch Banks, foreign Buenos Aires, First N.B., Boston, application of, to establish branch at,.granted. Order granting above application. matter ref. to Exec.Coth lt. . Diecuseion re; South American branches, Statement of Mr. Warburg re, Creditors of, opinion of counsel re statue of; memo. of Mr. Perrin re, Brock, Henry C Miller. 175 203 383 436 595 684 676 1/22 1/29 1/15 62 88 48 1/15 47 2/9 141 Appointed secretary to Mr. 76 XX1 British Credit of $50,000,000. Letter from F.R.Bk. of N.Y. re; question raised re counting of gold held abroad as part of reserve. 6/6 586 British Embassy, memo. from, re Chicago bunk suspected of business relations with alien enemies. 5/16 519 Broderick, J.A. Salary increase for, approved. 1/31 95 Bryan, Hill i Bryan, Houston, Texas, letter from,re land company. 8/18 637 Buffalo, banking conditions in, statement of Mr. Williams re, referring to Marine Bunk of. 3/16 285 Building: Method of financing a bank and office building, letter of Bunk of Wisconsin re, 1/8 Bull Tractor Co., letter from, re mobilizing food supply. 4/27 23 462 Bulletin: Cost of, Secretary to furnish data re, 1/11 36 Credit Lyonnais , complete file of, to oe sent to. 1/29 91 Free list for, of foreign bunking houses, matter ref. to Sec'y for report. 1/29 91 Investment policy of F.R.Banks, letter to F.R.Banks re, question of Publication of, in. 1/22 58 Leather copies of, to be obtained. 3/27 309 Material for, ref. to Com't. on. 42 3113 Status of, and policy re Report re, to be prepared by Sec'y. 1/29 91 Report presented and matter discussed 2/2 110-3 Subscription rate of 41 made ca.pplicable to employes of memoer and reserve banks. 3/21 295 Bureau of Engraving and Printing: Board's communications with, to go through Treasury, at Seely McAdoo's desire. 2/16 171 Bureau of Engraving and Printing: Custodian for vuuIt at, letter of.Assit See ly of Treasury Peters re provision for, by Bour4. 268 Burke, John, Transfer of funds, letter of, re extending privilege of, to F.R.Banks in Subtreasury cities. 2/16 169 Burton, Theodore E., . Govt. bonds, letter from, re method of issuing. 4/18 405 Business conditions: Advisory Council's report re 2/19 194198 6/46 671 3/6 238 Reports of F.R.Agents re, memo. of Mr. Warburg re shortening of, By-laws: see also under Branch banks,FRS. Examination of, to be made by Law Com't. with view to simplifying those Iv branch bunks of F.R.Banks. Byromville, N.B., Byromville, G. Statement or Mr. ueluno re, end letter oz. Governor to M. B. Wellborn re, suggesting tht-,.t F.R.Bk. cf At1ant4 enforce 1.entaty for depleted reserves. 113 C11s: Item "Less any amount in dispute" considered for inclusion ir next call. 281 Carlton, Necemb, Application to act is dire banks &ranted. a Car,. 3/16 in two N.Y. See First N. B. Central reserve und reserve cities; Committee cn, appointed. 5/16 Kansas City, establishment of reseive city clearinz house 4t, letter of Coy. Miller re, 246 518 4 XXIII Central reserve-and reserve cities; Ogden, Utah, letter from Mr. Perrin re designation of, s reserve city. 5/16 Tulsa, Okla., designation of, sz reserve city. 6/9 51E 595 Certificates of indebtednesss Allotment of, among Federal reserve points 5/11 494 Discount rates for notes secured by, Approved for F.R.Bks. of K.C.& Minn. 5/7 4E1 Discount rates on notes secured by Discounting re, in connection with application of F.R.Bank of Cleveland. 5/10 4U-4 Expenses of recent issue of, inquiry from Deputy F.R.Agent Mckallen at Chicago re disposal of. Interest rate on future sules of, letter r,, from Gov. Strong re, .2.1C) 5/14 1- eport of Gov. hurding re metsods of facilitating issue of t200,000,000 at 26. 4/19 430 Subsciiptions to, details re, sent by several Governors of F.R.Banks. 4/30 467 Certif:icates of indebtedness (i50,000,C00 ct innouncement of Secretary lIcAdco re issue of Conference of Governors, discussion by re, Conference of Governors, Secretary McAdoo's remarks before,re. reimbursement for, attitude of F. F.Banks re, requested by Tre4ksury Dept. Telegrum to F. R. Banks re offer of, Stutement re, authorized by Fecretury McAdoo. Charters: Federi.:1 charters for foreign trade banks, Bill re,presented by Yr. Harriscn Bill re,edepted; to be submitted to Congress. Forms used in Rhode Island re, memo. of Mr. Doluno re. Bills of exchange on behulf of pl&nters in foreign country, letter from, re Litceptunce of, 3/L7 311 4/4 341-4 4/4 334 5/2E 3/27 563 311 4/LO 437 4/30 466 5/2 472 3/9 262 6/9 596 XXIV Checks; See also under, Taxation, Checks. Conference of Governors, discussion by re use of 4/5 Chinese-American Produce Fxcha.nge Co. Letter from, re direct exchange with China 2/19 Circulars and regulations: Alien enemies, business relations y.ith Circular re, to be prepared 4/30 Amendments, inquiry from Secretary Curtis re circularizing member bunks re matters resulting from , Copies of issue of, for 1916, for F.R.Bk. of At1ant4. 3/6 F.R. exchange, circular re, approved. 4/23 McDougal, circular letter sent out by, letter from R. H. Treman transmitt4ng,2/14 New issue of, question re, presented by Secretary. 2/12 Peg41E-tions of 1916 adopted Gnd ordered printed. 6/22 Eeserves, deficiencies in. Change in regulations re suggested by Mr. Broderick. 5/22 Reserves, deficiencies in, Tax on, no regulation re, to be drafted. 6/15 Reserves of member banks, reporting of, circular rb., suggested by Comptro1ler.4/16 Revision of, to cover changes in law, to be prepared by Counsel. 6/18 Small merber banks ,,nd reserve city banks, circultr re relations between, sent out by F.R.Bk. of S. F. 6/5 State bunk regulations, form of reprint of, approved. 4/19 Surrender of paper before maturity by F.R.Agents for collection, Counsel to modify regula.tion xe. 3/30 Citizens N.B.,Roswell, N.M. Commercial paper it desired to buy, letter from re Civil Service: Executive Order suspending. 5/2 346351 182 465 683 240 447 166 148 658 546 624 400 638 584 432 319 5 472 XXV Civil Service Commission: List of eligibles of, mq De consulted, vote of Board re 1/8 Clay, Pyburn C., salary for, approved by Com't. cn Audit and Exam. 6/28 26 6E0 Cluton Act: Adviscry Council to boara of directors of a member bunk, definition of Counsel re status of, under, to be adopted as opinion. 1/22 61 Applications, Harriman, T. A., former action re, not to be changed. 27 Applications, Labrot, Sylvester, of N.Y., case of, reported by Yr. Hamlin. 1/24 74 Applications, New York-Chicago cases. Deferred to Jan. 3. 1/2 3 To be dealt with separately. 1/r3 11 Presented for common action; voted to suspend action re, for the present. . 1/5 17-8 Draft of letter to the directors concerned, read by Governor. 1/8 20 Difficulties arising from, letter of Cov. Aiken re, 1/22 61 Francis, J.D-P-, Information in his hands re persons violating the Act, to be requested by Exec. Com't. 3/27 308 Statui of, under, letter of !r. Martinre. 3/27 308 New York cases (C. M. Schwab & W.A. harriman) acted on. 1/2 3 Northern Trust Co., status of, under, inquiry from, re. 4/16 401 State member bunks, status of, under, question re, to be ref. to J.F.Cotton 6/21 654 Clearing and Col. Kitchen Bill. See also Drafts. XXVI Clearing and Col.: Acceptances, trade, inquiry of Jerome Thralls re excessive charges for ccilection of 6/27 Amendments re, Glass, curter, conversation with, re, reported by Governor. 03 Board's action re, discussed; action after March 4 sugeysted by Mr. Delano. 2/7 Charges for items of checks cleared, suggestion of Comptroller re elimination of; decision re, 2/23 Check collection situation in N. Y. under Hardwick amendment, letter from Gov. Strong re, 6/16 Checks "payable in Y. exchange" Non-negotiability of, letter from N.Y.Clearing House re, 3/21 Clearing system', Changes in, letter to F. R. Bunks directing, presented as report of Corn't. on Clearings. 6/26 • Date for, to become effective, letters of Gov. Seay and Deputy Gov. Treman re deferring of, 5/10 Report of Com s t. on Clearing authorized for transmission to F. R. Banks. 6/28 Collection items, Thralls, J. F., letter from, re charge of one tenth I on, 2/7 Collection charges, Country bunks, letter of McLane Tilton re charges at, 1/22 Macon, Ca., letter re charges at, 1/18 Thralls, J. F., letter from, re, by member banks. 2/9 . Complaint re, by National Bunk of Commerce, Lincoln, Nebr. 3/19 Conference of Governors to discuss, urged by Gov. McDougal. 2/26 Conference with Board re, requested by Jerome Thralls. 6/28 Enlargement of system re, Agreed upon as next step forward. 24/23 Enlargement of system re, Conference of Governors' attitude re, 4/6 679 151 131 209 634 294 668 487 682 128 61 52 141 291 219 682 209 357 XXVII Clearing ec Col.: Enlargement of system re, Letter of Mr. Ramsey re, 2/23 Montooth, country bunker, letter from 2/26 Exchange, circular re, received from F.R. Bk. of ktlanta, objected to, by Com't. of Governors. . 1/23 Exchange charges: see ulso Hardwick Amendment. Gronna Amendment re, transmitted by Senator Owen. 4/13 Suggeetion.of National Bunk of Commerce, Lincoln, Nebr., re. 3/19 Wing, E. S., letter from re, 6/5 Expert on clearing, employment of, Attebery, telegram from Gov. Wells re loan of 2/21 Conversation re, betv.een Gov. Aiken and Gov. Harding. 2/13 Loan of Mr. Attcbery, letter of Gov. Wells re, 2/23 Salary for Mr. Attebery agreed upon, 2/23 Salary of Mr. Attebery agreed upon, letter of Gov. Wells .re, 2/26 Salary of Mr. Attebery, resolution . adopted re, 3/2 Salary of. Mr. Attebery, letter from Gov. Wells re, action of F.R.Bk. of St. Louis approved. 3/7 Statue of work of Com't. cn Clearing re, . 2/14 Suggested by Mr. Delano; Clearing Com't. to secure. 2/7 Express companies, presentation of checks by, Bill pending in N. Y. State to forbid, noted. 5/2 F.R.Bunk of Minneapolis, Clearing situation in district, letter of Gov. Wold re, 6/26 . 6/26 F. K. Exchange, circular re, approved; also draft of letter to Governors re, 4/23 Guaranteeing of checks, letter to Riggs National Bunk by Comptroller, re their .Practice of, 2/23 209 223 67 391 291 583 203 153 209 211 220 231 247 164 131 470 668 669 447 212 XXVIII Clearing & Col.: Hardships to State banks from, letter of Rochelle State Bank, Rochelle, Tex. re 3/21 Immediate credit, Circular of F. R. Bk. cf Atlanta re, and the objection of F.R.Bk. of Boston. 2/21 Kansas City, Reserve city clearing house at, letter of Gov. Miller re, 1/2 York State bunks on par list of F. R. New Bank, request of Mr. Jay re, 3/9 Par basis for collection in N. Y., letter of Mr. Jay re, reply. 3/12 Post office collection order, re-establishment of, suggested by Mr. Ramsey 2/23 Reserves curried under collection system, letter of Gov. Seay re, 3/12 Service charges, letter of Comptroller re abolition of, ut F. R. Banks. 2/26 Simmons Hardware Co., letter from, urging no compromise re, 5/10 Status of, Discussed by Gov. Aiken and Gov. Harding. 4/13 First N.B., Cary, letter from re, 2/5 Glass, Carter, conversation with, re, reported by Gov. Harding. 2/13 Rhoads, Gov., letter from, re, to Gov. Harding. 2/14 Taxation of non-member bunk checks, plan for, sent by Governor to Mr. Jay. 3/12 TelegraFhic transfers, McDougal, criticism by, of, as proposed to be made by, F.R. Bank of N.Y. 1/2 294 202 4 260 267 209 266 222 468 153 120 151 164 267 2 Clearing House Associations: Philadelphia, settling of debtor balances by checks on F.R.Bk. of Philadelphia, letter of Gov. Rhoads re. 6/12 612 Clearing House Settlements: Form of, in N. Y., letter from Mr. Jay re, 6/7 589 Clearing house statements of Boston banks, letter of Aiken re change in. 1/8 22 XXIX Clearing houses: Information to be requested from, letter of Comptroller re, Memphis clearing house Coet., letter of Governor to,,approved. Reports of Comptroller re combined statements of, discussion re publishing of, Weekly publication of reports of, memo.re, Weekly telegraphic reports from, to be receivea by Comptroller. Clearing membership: . Amendment re State banks' power to carry balances in F. R. banks and to clear through them, letter of Gov. Harding to Senator Page re, 2/26 218 4/5 368 5/22 4/2 546 324 3/19 292 4/16 398 Cleveland Trust Co., Cleveland: Admission of, to FRSystem, approved. , .4/3 Membership, ' Requirements of Board complied with, by, 4/9 4/13 Directorship of H. P. Bingham in, letter of D. C. Wills re, 3/2 of, Examination statement of Mr. Warburg re, etc. 3/12 Clinton, Ia. 372 389 232 265 See People's Savings & Trust Co. Coal Creek, Tenn. See National Bunk of . 3/1 Code book, various letters re, 229 Correspondence submitted by Code Coet. 3t7 246 Letter from Mr. Perrin re; matter ref. to Special Code Coet. 2/23 215 Letters from F.R.Banks of Minn. and San Francisco. 3/27 307 Preparation of, urged by Acting Gov. Calkins 3/12 268 Professional code maker, employment of, suggested. 3/14 279 Question re, and file of letters re, pre4/23 sented and ref. to Governor. 445 Wing, president of First N.B. of Boston, copy of code of, received by Mr. Hamlin, held in vault. 3/16 285 Code: 327 XXX Coffmn, Dobson i Co., Chehalis, Wash. Admission of, to FRS, ApFroval re; authority given Mr. Perrin to make (Announcement re, 6/12 611-2 Letter from Mr. Perrin re, 5/10 489 Coin: Conference of Governors' resblution re supplies of, for F.R.Bunks. P-yment of, by banks in Ohio, letter re, from Mr. Rowe of Cincinnati. Scarcity of, in Texas, letter from Mr. Ramsey re, -4/6 360 5/11 497 3/16 285 Coin counting machines: Copy of Board's letter re, to be transmitted to Treasurer of the U. S. 5/25 558 Cole, R. W., letter of Comptroller to, ref. to Bulletin Com't. /28 562 2/13 150 2/19 184 Combination.of safe: Turned over to Secretary by Ass't See l y during latter's absence in April. 4/20 437 Commerce Trust Co., K.C., entrance into FRS; Application of, approved. Examination of, discussed. Form of telegram to, authorized. 5/19 4/13 5/19 531 394 536 Colombia: Bunco Union, Cartgena, suspension of, noted. Drafts drawn in, report of Com s t. on Discounts authorizing acceptance of, by member banks. Commercial N.B., New Orleans, pres. of. Commercial paper: Citizens N.B., Roswell, re certain forms o buy. SeeFulton, .M., letzer from, it desired to 1/2 5 XXXI Commercial paper: Opinion re power of Board in defining, to exclude paper made for carrying or trading in U.S. bonds, to be obtained 6/12 610 Commercial Trust Co., Philadelphia; Trust comi.anies, relation of, to F.R.System, letter from, re, 2/14 166 Committees: Central reserve & reserve cities, 5/16 Standing committee on, appointed. Clayton Act, Conference of, with pros. Fulton of Commercial N.B. of New Orleans. 1/29 Date for, set for Jan.30. Informal report re, by Ur-Warburg 1/31 Hearings before, for E.D.Hurlbert, 5/11 agreed on. Hearings before, E.D. Hurlbert testifying. Informal report re, by Mr.Hamlin.5/14 4/27 Secretary to, Mr. Harrison to act as Clearing, 4/23 Report of, re transfer drafts. Executive; Branch banks, FRS, questions re, to be referred to, draft of by-laws 8/27 etc. to be prepared -by Yembership on, present method re, 1/11 continued. Mr. Miller to serve on, during absence of Gov. Harding. 5/16 Law: Owen bill re guaranty of bunk deposits to be considered by on April 20. 4/20 Member and State Banks, Report of, approved. 1/23 Title of, changed to "Com't. on Trustee Powers". 6/27 Membership, Com it. on, created. 6/27 Operation: Exam. reports, letters of comment on, to be written by, 4/25 Organization of, changes in, discussed and voted on. 6/27 516 91 96 506 514 463 444 676 38 518 436 67-9 676 676 455 676 XXXII Committees: Relations with Treasury Department: Governordl Coet. on banks as Fiscal 1A3 Agents to meet with. Issue of U. S. bonds in near future, question of Board's attitude re, ref. to 1/8 Commonwealth Trust Co., Boston: Entrance into FRS: Application approved. Application for stock in F.R.Bk. approved. Entrance announced by F.R.Agent Curtiss. Examination of, by the ,State, accepted. 67 27 2,i2 9 110 142 2/14 2/23 165 214 Comptroller of the Currency: Liberty Loan, banks'. subscription to, Comptroller's press statement re, 6/13 Discussion re, 6/15 F. R. Agents' letters rep Telegram from Board to F.R.Banks re, 6/13 619623 624 631 Conference committees of Congress, letter to, giving Board's views re pending amendments 5/11 498 Conference of bankers in N.Y., May 4: Gov. Harding and Mr. Warburg to attend. 5/3 477 Conference of F. R. Agents: Date for, in June: Approved. Fixed tentatively by Mr. Perrin. To be fixed by Gov. Harding. Postponement of, agreed to by Mr. Perrin. Postponement of, letter of Mr. Jay re, 3/23 3/21 3/7 5/11 5/10 304 293 245 494 489 Conference of Governors: Amendzents: Gov. Harding's statement re, before. Recommendations re changes in, Branch banks, FRS, resolution re, Clearing system: Discussion re, Enlargement of, attitude of Confer. re 4/4 4/8 4/6 339 357-9 356 4/6 4/6 360 360 XXXIII Conference of Governors.: Coin, supplies of, for F.R.Banks, resolution re, Date for, in April, suggested by Gov. Aiken. Date for, in April, no objection by Board to Drafts: Collection of, on F.R.Banks discussed Form of inter-district, submitted to Report re, by, and discussion. 4/6 360 3/7 244 3/7 244 4/4 4/6 4/5 340 361 346351 F.R.Board invited to attend sessions when4/4 ever it might desire. Gold, hbrasion and reminting of, considered 4/6 Government financing: Address by Secretary McAdoo re, and ' discussion; memo. re, to be prepared. 4/4 Discussion re, district by district. 4/4 4/5 Discussion re., by., Kitchen Bill, resolution and discussion re 4/6 344 361 333-. 339 341344 352-3 359360 Liberty Loan: Address by Secretary McAdoo re, and discussion; memo. re to be 333-339 prepared. 4/4 inform Secey Committee to McAdoo 4/6 364 of views re, 4/5 352-3 Discussion re, 365 Effect of, on old 3% bonds, discussed 4A 4/6 361Memorandum re. 364 219 2/26 McCord, Gov., latter from re, McDougal, Gov., p)tter from, urging confer2/26 219 ence to discuss c1e4ring questions. 4/4 333- 45 MeetingwitaBoard held, 4/5 346- 54 4/6 355- 365 368 Meeting with Board, change of time for, - 4/5 Postponement of March meeting favored 204 2/21 by Board XXXIV Conference of-Governors: Reports, member banks' weekly: Conversation with Mr. Jacobson re; reports to be oent direct to Ur. Jacobson. 4/6 Voted as subject for, 4/ 2 kesolution re information given to newspapers re proceedings of the confer.once. 355 Congress, information re doings of, Request of Mr. Perrin re; Committee on Bulletin to provide for bulletin of information re, , 5/18 D-ily bulletin of information re,approved. 5/19 527 530 Consolidation of banks in Danville, Va., letter re. 6/26 673 1/11 37 Consulting Counsel. See Cotton, J.F. Continental Distributing Co.: Spanish exchange, letter from, re, Control of funds. 356 324 See Custody of funds.' Cooper, W. H. of Washington. Letter from, re permission granted him to serve us director of First N.B. of Hyattsville. 2/8 Correspondence: Between Flat Top National Bank um:A Governor Harding, file of, presented; Comptroller to be notified re, 1/18 51 Cotton, J. P.: New basis of relation hip of Boar.i with probable. 6/21 654 Cotton, J. P.: Vote re compensation to be paid to 6/26 672 Counsel: See Elliott, M.C. Country bunks: F.R.System, attitude toward, letter from Texas country bunker stating; 136 2/13 150 Covington, Ky. See under Warrants, F.R.Bank of Clevalund. Covington, Tenn. See First N.B. Credit Dept. of F.R.Bk. of Cnicago, letter from M. Heath re, 6/26 666 Credit files: F.R.Bk. of St. Louis, files of, to be in charge of W.H.Glasgow. 1/13 43 Credit Lyonnais: 0 File of Bulletins to be sent to. 1/29 91 Creel, George, letter from, re material for Official Bulletin. 4/30 468 Crop reports: Conflict between those of Govermlient and of F.R.Agents, report of Mr.Uiller re,5/31 578 Cross, J.L.: Transfer of, from payroll of Board to that of F.R.Bank of K.C. 1/15 46 Cudahy Packing Co., reply to inquiry of, re refusal of F.R.Bk. of N.Y. to clear draft of. Cunliffe, Lord; Mr—Allen to accomIdany, on trip to F.R. Banks, Trip to Boston, Mr. Allen to accompany, Trip to St. Louis, Boston, etc., member of Board designated to accompany,on. 3/6 237 5/10 5/11 466 497 5/3 477 Currency: See also Aldrich-Vreeland Currency. Issue of, on fifteen day paper, letter of F.R. Agent Sawyer re, Storage and transmiseion of, letter from Cushier Talley re, 5/10 487 4/23 443 Currency emblem of F.R.Bk. of K.C., use of, on stationery, letter of Gov. lalier re, 1/22 57 XXXVI Currency shipments: Charges for shipment by member bunks to F.R.Bk. of San Francisco, correspondence re, with Hon. Miles Poindexter. 87 Curtis, J.F., Suiary of, increased. 1/12 40 Custody of funds: Letter of Mr. Perrin re, and commenting on similar letter a 14.. Perrin's. 4/2 323 Dahl, G. M., of Chase National Bank, Federal Charters for foreign trade banks, 4/12 question from, re. Dallas Trust & Savings Co., Entrance of, into FRS., Letter and telegram from Mr. Ramsey re4/30 382 467 Dailey, A.H.C. of Chicago, letter from, to the President, ref. to Covernor. 1/22 58 Danville, Va., consolidation of banks in, letter re, 6A6 673 Dearborn National Bunk of Chicago, report of Mr. Warburg re certain transactions of, 5/21 538 Del no, F. A., Reporting of• volume of transactions of banks in F. R. Cities, memo. of, re, Trip through West and South, with Transit Expect Attebery, authorized. 6/26 674 3C7 245 Depositors, foreign-born, Unrest among, in Chicago banks, letter from Mr. Forgan re, Unrest among, in Cary, Ind.,letter of Ass't Attorney General Warren re, 2/8 135 4/2 322 Deposits: See also under Liberty Loan. See also under Taxation. Escheat of, in C41. 1 letter of Perrin re, 1/2 Liberty Loan; deposit relations between F.H.Bunks and member banks, discusses; Exec. .(110m't. to prepare regulations. 4A6 457 Deposits: Public funds in member banks, and release of reserve against them, opinion of counsel re, 5/10 Rates on, right of national banks to comuine to reduce. Letter of Comptroller re, 1/18 . Counsel's statement re; copy to be sent to Deputy Comptroller Fowler 1/26 Withdrawals of, Cleveland district, letter from D.C.Wills re, in Deposits, Postal: Reserves against, repeal of, suggested by Bank Cashiers Asen of Boston, Deputy Comptroller of the Currency. 1/8 489 53 80 142 22 See Fowler. Deputy F. R. Agents: See also Staff( of F.R.Barks. Amendment re, . .. . Approved in principle. 1/2 Discussion re, ,1/25 , Letter of D.C.Wills ro, and decision that amendment:should provide for a Deputy Chairman of, each Bank. 1/15 Perrin, telegram from re, 1/23 Redesignation of, for.1917. 1/3 Responsibility of, to F. R. Agents, letter of,F.R.Agent Ramsey re,, 2,426 Deputy Governor: Title 9f, in preference to that of ViceGovernor: Discussion re, F.R.Bk. of Kansas City adopts, Hardy, letter from re; Vote that title of, be made uniform, in all F. R. Banks. 9 75 46 71 12 669 1/25 3/12 2/9 76 268 141 2/9 141 Directors: See also under Clayton Act,Applications. See also interlocking directorates. Amendment to abolish group system of election of, discussed and -ref. to Law Com s t. 4/2 325 XXXVIII Directors:. Baltimore Br...nch, Iverson, George D., recommended as director of, by George Pope. Bingham, H. P., directorship of, in Cleveland Trust Co., letter of D.C.Wills re, Educators as Opinion of Counsel re, 6/11 607 3/2 232 6/12 "15 611 629 Election of, proposed change in method of, discussed. 4/4 F.R.Bk. cf Atlanta, Stern, Edgar, selection of as director in, stated by Gov.Hurding.6/13 F.R.Bank of Dallas, Minutes of meeting of, filed, F.R.eam of St. Louis, . Election of, Board notified re, 1/8 F.R.Bank of Sun Francisco, Action taken by, reported by Perrin 1/11 New Orleans Brunch, Appointment of, at, letter of Wellborn re, 1/15 Situation re, stated by Gov. Farding; Edgar Stern recormended as Class C director and J.E.Zunto as chairman of the board. 6/13 Stern, Edgar B., election of, noted. 6/15 Unto, J.E., views of, re vacant directorship. 54/3 Opinion of Mr. McNab re boards of, of F.R. Banks. 1/18 Spokane Branch, Letters from Hon. Miles Poindexter and Davenport N.B., re director for, 5/10 Numuer of directors for, telegram from Mr. Perrin re; discussion;reply.6/19 Postponement of action re, suggested by Board. . 6/16 'Directors, Class C.: Appointments, Tabled. • 1/2 332 617 23 21 37 48 617 626 479 53 491 639 633 3 XXXIX Directors, Class C.: Appointments, Vote re, 1/3 11-12 F. R. Bunk of Boston, Peters, Andrew J., appointment of, voted. 4/2* 321 Report of Com't. on Operation re appointment of Andrev. J. Peters, tabled. 3/30 320 See also Starek, F. R. Bank of N.Y. Charles Saunders, W. L. F. R. Bunk of St. Louis, Director at, question re, wade special order for next meeting. 3/6 238 Director at, discussed. 3/7 243 3/8 254 1/3 Election of director at, taoied. 12 Haldeman, Bruce, recommendation as, oy Oscar Fenley, 2/26 221 Louisville director of report of Mr. Delano re, 3/16 282 Louisville, director to represent, letter of Mr. Martin re, 4/4 331 F. R. Bank of San Francisco, Bradley, E. C., appointed director ut,1/3 12 Elliott, Edward, acceptance of appointment by, 4/25 455 Report of Com it. on Operation re resignation of E. C. Bradley and 4/23 appointment of E. C. Elliott. 445 Nev Orleans Branch, Saunders, P. h., resignutien of, accepted. 4/27 460 See also under Liberty Loan. Discount rates. Board's policy re, committees for each bunk to report re; Mr. Miller (And Mr. Warburg to draft form Of letter,re, 1/2 Board's policy re, draft of letter to F.R.Agents presented by Mr. Warburg and Mr. Miller as 'special Com't. 1/5 F.R. Bank of Atlanta, Change inlgates, approved. 1/15 3/12 Fifteen day paper,rate of made for 3/12 6 19 46 272 269 XL Discount rates: F. R. Bank of Boston, Error in reporting rate on 15-day paper reported by Mr. Curtiss. 4/11 F. R. Bank of Cleveiand, Schedule of, app.oved. 4/9 F. R. Bank of Dallas, Readjustment of, letter Ramsey; views of Gov. Harding re; general rate communication to be sent to, 1/2 Schedule of, presented; to be, ratified first by bourdof directors of, 1/22 Above schedule approved. 1/23 F. R. Ban),- of Minneapolis: Approval of rates of, 4/4 F. R. Bank of New York. Approval of rates of, 3/30 Day to day rate, to restore money to market, result of public loan operations: Discussion re; - rate of 9'to 47. approved.conditionally. 5/23 Day to lay rate to restore money to market, Letter to Mr. Jay re, authorized sent.. Special rte of 2% for*one day periods at, considered. F. R. Bank of St. Louis, hate of 51. for 6 months paper, a proved. F. R. Bank of San Francisco, No change in rate desired by at present. Schedule of, for, approved. Weekly sheet re, presented; no chan6e. Readjustment of i letter of Mr. Perrin re,* Schedules offNaghted by Mr. Warburg. Simplification of, Hardy, change in, suggested by, Letters re, Memo. of Mr. Warburg.re, docketed. 378 371 2 57 70 329 318 549551 5/24 554 5/22 545 2/9 140 6/12 2/28 3/27 611 227 307 4/13 3/12 3/19 389 274 289 2/16 3/16 3/1'4 172 282 269 XLT Discount rates:.. Simp1ific4tion of, Report of Cetet. on Discounts re, :as. cuespd; . sOstaince to be sent to . F. R. Agents. 2/1.3 Report of Com.t. on Investments re, presented. 2/12 keport of Mr.10arburg re, presented. 3h Beport of Mr. Wurburg re, approved. 3/12 Weekly reports re, Circular letter to Agents urging no neglect re, 5/18 iin of; rate fur Phila.Approved. 5/31 6/7 Reading of.-. 6/15 6/26 6/28 • Discounting: American Smelting and Refining Co., report of Mr. Warburg re discounting bills 1/J.1 ,. of, Farmers Equity *Exchano,,report of Mr. Warburg re discountin5 of paper of, 3/7 London joint stock banks :Ana Bank of Englt..nd, 352,500,000 discount trans,.;.ction aith, Allotments of p:.rticip.Lion re,noted. 6/20 London joint stock banks and Bank of Englund, discount transaction eith, Raaijustment of particip.,tions of F. R. Banks in, letter of Gov. Strong re, 6/26 Munitions paper, inquiry of Mr. Rich re 3/14 discount of P4par mude by non-member .banks, protected uy Government obligation, memo. of Mr.. Warburg re eligibility of, also 6/5 telegram sent to Gov. Se. y re, Ten per cent limitation re, letter from Gov. UcDougul re discounting of melaber bank paper technically in mcess of, 2/23 Disputa betvieen F. P. Bk. of Kunsus City and First N.b. of York, Nebr. 3.16 153 148 262 274 524 574 538 626 665 660 38 2.2.7 647 550 665 279 383 208 281 LXII Dividends: Application for, method of, agreed upon. 5/29 Dividend liability, hartford-Aetna N.B. of Hartford, Ct., and Aetna N.B. of Hartford, papers re, ref. Law .Com't. 1/15 Dividend liability, Dullus -Kansas City: kijustment of, announced by Governor. 1/22 Individual liability of Southern Oklahom... banks, letter from Gov. Miller re, Oklahoma N.B., letter re, answered 1.13 by recent decision re, Plan of Gov. Miller of K.C. Bunk outlined, and telegram re,- ordered 1/11 sent. F. j. Bank of Atlanta: : 6/27 Approval of 6%, July 1 - Dec. 31,1916 F. R. Bank of Chicago: Approval of 61., Jun. 1 - June 30,1916.6A7 F. H. Bunk of Cleveland: Payment of 6%, from July 1,1915, to Dec. 31, 1915, approved. 5/29 F. R. Bank uf Dallas: Approval of 6% May 1-Oct. 31, 1916. 6/27 Discussion re proposed dividend at, 6/26 F. R. Bank of K. C.: Approval of §:J., Jana -June 30,1917, after reconsideration. 6/27 Disapproval of 3/., for Jun.1 to June 30, 1916. 6/21 Paiment of, discussed, itnd telegram authorized. F. R. Bank of Minneupolis: Approval of 6% rate for,year ending 6/9 June 30, 1916. F. R. Bank of N. Y.: Approval of 6%, April 1-Dec.31,1915. 6/26 F. R. Bank of Philadelphia: Application for C : I dividend, July 1, 6/1 1915, to Itar. 31, 1916. Approval of 6% rate from Jan. 1 to 6/9 June 30, 1915. Approval of 6%, June 30-Dec.31,1915. 6/26 Discussion re proposed dividend for, 6/26 568 47 61 52 44 35 677 677 568 678 667 677 654 30 597 671 590 597 671 667 XLIII Dividends: F. R. 16.4.nk of Richmond: Approval of 6, Nov.).- June 30,1917. Discussion re proposed diviaend at, F. E. Bauk of St. Louiss Approval of dividend from April to • June, 1915; aisapproval of one from July to Aug. 1915. Approval of 67. rate from July 1,1915, to Dec. 31, 1915. F. R. Bank of San Francisco: Letter of Ur. Perrin re proposed diviaena at, Payment of, by banks holding U. S. bonds • quoted below par, statement of Mr. Delano re, Suatements re dividend earnings, complaint from F.R.Bk. of KanscAs City re insufficient number of copies of, Division of, Issue: Appointments in, decision re power of Comptroller to make, independently of Board. Hunton, Miss L. R., appointment of, in, approved. Relation between the Board .and; matter ref. to Exec. Com't. Docketing: Committee reports: Letzmr of Comptroller re, Letter of Comptroller re; heading "Call of Committees" to be added to docket. 6/27 6/26 376 6/12 613 6/26 671 6/27 677 3/9 261 2/16 174 4/11 379 232 2/23 210 2/26 222 Dollar exchange on Australia, National Bank of, the Republic's comment on letter re, from 1/2 Gov. Harding. Draft plan, letter of Judge Advocate General Crowder re application of, to staff of F.H.Banks; form letter re, to be sent to bunks. 677 667 5/14 3 515 XL1V Drafts: Accept,4nce of drafts eased on merchandise and of tnose intended to create dollar exchange, letter from J.F.Curti3 re, Chile, drawing of :;.,..ean drafts on, letter of J.F.Gurtis re, bbitil VQ1;ort, oy Mr. Wdeourb-. . Collection of, on F.R.B4nks, Advisory Council's report re Circlilar re, to:member b:..nks, to be prepured by Lim i t. on Governors. Com't. of Governors to consider, Date. for, named in letter from R. H. Treman. Session held, Report presented and discussed. Conference of Governors, discussion by, re. Conference of Covarnufs, report by, re, and discussion. 6/13 614 3/23 304 2/19 191-3 1/25 1/8 4,40 1/23 78 21 57 64-6 4/4 340 4/5 346351 Extension of date lor, from May 21 to June 1. 5/12 Plan re, inquiries re, from Govs. Fancher (% McDougal; replied Inat plan alre,..dy in operation. 4/30 Plan re, voted to go into effect April 1. 1/25 Postponement of system ro, formally approved. 5 Report of Board's Com't. re, approved; letter stating substance of, sent to R.E.Traman and ordered prinLed in Bulletin. 09 Report of Gov. haraine, ru conver tion with Com't. of Governors in N. Y. re, 21 Report (progress) of Com't. on Clearing- re, 4/11 conversatioa with re, reported by Governor. 1/25 Treman, R.N., letter of, re, 1/2 Colombia, acceptance by m6mber banks of. drafts drain in, report of Com e t. on discounts autnorihin. 2/19 513 467 78 509 88 293 380 78 4 184 XLV Drafts: Conference of Governors, report by re, and 4/5 discussion. Cudahy Packing Co., reply to inquiry of,, re refusal of F.R.Bk. of N.Y. to clear 3/6 draft of, Inter-district, form of, submitte'd to Conf. of Governors for oriniwa re, 4/6 Linooln National Bank, Lincoln, Nebr., 4/11 complaint of, as to s7--tus of, On F. R. Banks, P4yable instead of receivable.at a Bank, suggestion of Wm. Woodward re m4kin8 irJts, 2/1 Transfer, report of Com't. on Clearings re 4/23 Dulany, H. R., Jr., resignation of, accapted. Elizaseth, 346351 237 361 380 97 444 3/27 306 4/25 455 See First ;,.B. Elliott, Edward, . Appointment us Director in F.R.Bank of San Fr-ncisco accepted by, Elliott, M. C., Law Books, purchase of, requested by, 3/12 Above puroh4so approved. 3/12 Replies to outsiders, question re transmission of, direct, or throuvh Board; 2/9 decision re, 141 indorsements, restricted, on bills of •excnanse, letter of J. F. Curtis re, _ 5/2 471 English financiers, visit of, to U.S., , Entertainment for, to oe :consideredi arrival expected shortly, Entertainment for, ref. to Exec.Com't. Member of Bo4rd designated to accomp,.ny Lord Cunliffe on trip. Equitable Life Insurance Co., Letter from G. E. Jordan of, re group insurance. 269 272 4/12 4/23 387 445 5/3 477 2/B 135 XLVI. Erlunger, Biumgart & Co., Messrs. N., efforts of, to popularize trade acceptances, commended. 5/25 Examinations: Assessments on national banks to cover cost of, Method of, plan re, submitted by Comptroller. 2/19 Assessments on national bunks to cover cost of, Plan of Comptroller re, approved. 2/21 Bank of Montclair, State exam. of, accepted. 2/23 Bankers Trust Co., Sioux City, Ia., letter from Heath re second examination of, 3/19 Report re above exam. presented, 3/30 Cleveland Trust Co., statement of Mr. Warburg re, 3/12 Commerce Trust Co., Kansas City, Need for exam. of, discussed; telegram to, re, approved. 4/13 Question of Special exam. for. 4/16 Committees on Operation to write letter of comment on examination reports. 4/25 Commonwealth Trust Co., Muss. State exam. of, accepted. 2/23 F. R. Bank ef Atlanta: Report of exam. of accounts of F.P. A,Lent We.ilborn ref. to Comst. on the bank. 1/18 F. R. Bank of Boston: Report of exam. of, ref. to com't. on Operwtion. 4/16 F. R. Bunk of Cnica6o: Report of, ref. to Com i t. on operation. 3/19 F. R. Bank of Cleveland: Report of exam. of funds of, 4/2 Report of exam. of, submitted. 5/21 Shortage in, letter to bunk re, prepared. 5/31 Special report re shortage in, to be requested from Chief Examiner. 5/22 Special report re shortage in, made by Mr. Broderick. 5/24 561 . 181 201 214 288 319 265 394 397 455 214 54 402 291 324 536 579 547 554 XLVII Lxaminations: F. R. Bank of Dallas: Completion or, announced by Mr. Broderick. 2/23 Reports re, ref. to Com't. on Operation. 2/28 Request of La.. Ramsey re sending out copies of exam. to member banks, disapproved. 3/7 F. R. Bank of Kansas City: Report re, presented. 3/9 F. R. Bunk of New York: Accounts of Agent at, report of Division of Audit re, ref. to Com't. ,on Operation. 2/14 Report of exam. of, 4/9 Report 0!.Mr. Warburg re examiner's report and criticisms re exam.of 4/25 F. R. Bank of Richmond: Accounts of Agent at, report of Division of Exam. re, 1/2 Comptroller's letter re examin.ttions in Richmond District. 6/12 Report of exam. of, ref. to Com't. on Operation. 2/7 F. R. Bunk of San Francisco: Accounts of Agent at, report of audit of, 2/23 Mercantile Trust Co. of St. Louis, report of Com't. on Audit & Exam. re charges for, approved. 2/9 Uissouri, charge for exam of State rember banks in, letter of Bank Commir re, 4A3 New Jersey State member bunks, Board to supply copies of exams. of, to N.Y. Bank Commissioner. .2/28 State banks applying for membership: Exam. of, ref. to Com't. on Member 4/27 Banks. State banks applying for membership: Uemo. of Mr. Broderick re, approved. 5/3 State examination in case •of bunks recently admitted, acceptance of, authorized. 4/19 208 224 247 263 155 373 455 4 613 129 206 143 441 224 462 476 432 XLVIII Examiniltions: State examinations of state : banks: Indiana; examinations accepted. Memo. of Mr. Broderick re acceptance of, in certain States; acceptance of, authorized. . North Dakota; examinations accepted. Texas State banks, plan of exam. for, recommended by Mr. Broderick. 6/20 649 5/24 6/7 553 589 5/2 472 Examiners: Appointments: Albertson, Ward, letter of M.B. Wellborn recommending appointment of, as special examiner. 3/8 Chase, Wilfred L., report re, in N.Y. District, approved. 4/23 Chesterman, Bertram; approved. 5/25 Dunbar, James M., appointment of, in 3rd District. 3/28 Hoffman, L. W.,letter of Coxptroller re appointment of, 3/'7 Above appointment approved. 3/9 Jam, A. L., appointment of,approved.3/9 jubenville, C. A., appointed examiner in 9th District. 2/14 Stearns, report of Com't. on Staff re 3/14 Thomas, Hubert F., 6/15 Wilson, Lewis, of Kansas, recommendation of. 2/16 Burrell, report of Comit. on Stuff re transfer of. 3/14 Chan6es in staff of, during March, notice from Comptroller re, 4/9 Chan6es in staff of, on 1917, report of Comptroller re, 2/9 Changes in, letter from Comptroller re, 3/6 F. H. Bunk of Cleveland, list of officers of, approved as, 2/23 New York District: Chief National Bank Examiner, removal of Charles Sturek as, and appointment of W. P. Nalburn: discussion 1/24 Paddock, V. W., appointment of, as Chief Examiner in Phila.District approved. 3/7 255 443 559 314 245 263 263 165 280 628 174 280 372 140 239 214 73 247 XLIX Examiners: Paddock, W. W., promotion of, recommended by Comptroller. 3/6 Philadelphia:District, examiner at large in, report of Com't. on Staff re, 3/28 Report of Com't. on Staff re examiners in 3rd District. 3/28 Report of Com't. on Staff re examiners in 9th and 7th Districts. 2/16 Report of Com't. on Stuff re transfer of Burrell and appointment of Stearns. 3/14 Reports of Com't. on Staff re, approved. 3/9 Salaries of, Gellerstedt, report of Com't. on Staff re salary of, 3/16 Increases in, recommended by Comptroller, 1/31 Kansas City District, Max C. Wilde, salary for, approved. 4/11 Report of Com't. on Audit & Exam. recommending certain increases in, approved. 6/28 Report of Com't. on Stuff re, adopted. 2/1 Report of Mr. Williams re, 6/27 Salaries of, increased, Burrell, Charles R. 5/10 5/22 Donahue, E. J. Schechter, Wm. J., transfer of, from 9th to 7th District, approved. 2/14 Section 5200, attitude toward interpretation of, by examiners, letter from Cushier of F. R. B. of Atlanta re, 5/14 Transfer of Wm, J. Schechter from 9th to 7th F. R. District, letter of Comptroller re, 2/13 Exchange charges:. Government checks, Martin, T.C., letter from, re, Simmons, V. D., letter from, re charges on checks. 239 314 314 174 280 263 284 94 379 680 107 678 491 546 472 165 516 152 5/29 566 5/29 568 Exchange National Bank of Leon, Iowa, letter fr.5/29 570 Expenses: A.B.A. Executive Council, expenses•of ()omit. of two to attend, to be.p4.id by Bourd.4/20 Arkansas Bankers Ass'n, Governor's trip to hot Springs to attend, to be paid by Board. 2/8 Assessment upon F.R.Bunks for, resolution levying. 6/26 Attebery, 0.M., expense vouchers of, authorized paid. 4/4 Bankers Club of Cleveland, Mr. Miller's trip to, to be borne by Board. 2/14 Conference of bankers in N.Y., May 4, two members to attend, at•expense of Board. 5/3 Liberty Loan meetings, Mr. Delano, 5/31 Liberty Loan tour; Mr. Hamlin. 5/31 Michigan Bankers Ass'n, Gov. Harding's trip to addrese,on June 21. 421 Mr. Perrin, request of, to go to meet Lord Cunliffe at Atlanta ana Philadelphia. 5/18 Resolation re official journeys of members. 2/23 Virginia Bankers Ass e n, visit of Gov. to, 2,0 Failure of State Banks in Seattle: Checks on failed bunks, • Brief from F.R.Bk. of S.F. re; brief from F.R.Bk. of Chico suggested by Mr. Delano. • Letter of Perrin re status of, Above correspondence ref. to Exec. Com't. Letter to Comptroller re; need for F.R. branch bank in Seattle shown. Reason for, stated in letter from Examiner Gatch of Sun Francisco. Telegram from Perrin re, and asking release of F. R. Notes, vote of Board. 438 136 661 332 165 477 576 576 204 527 206 129 6/16 3/19 634 289 3/23 301 2/16 175 2/13 152 1/31 100 Falconer Co., Baltimore, letter from, re stamp tax on checks. 6/15 626 Fall, Senator, inquiry from, re State securities as basis for loans. 5/10 435 LI Farm Lo...in Bonds issued by, Inquiry of Chairman Norris re making coupons of, payable at F.R.BJ-:nks; 6/13 reply. Cooperation with, letter from Mr. Perrin re 5/3 Deposits in, and. security therefor, opin4/9 ion of Counsel re, '4a1ker, Marcus, letter from, re receiving 3/23 deposits from, Resolution of th...nks of, for use of Board 3/23 Room. Farmers Equity Exchange: Discounting of paper of, report of Mr. Warburg re, Feder...J. Employees Union, letter from, re increase in pay for Board's Staff. Report of Mr. Delano re above letter. See 41so names of Agents. See also under Stuff of F.R.Bks. Amendments, copies of, to be sent to, Draft of letter to accompany, discussed. Assistants to, Amemimont re, 10 be revised by Counsel. Amendment re power to appoint tWo, approved in principle. Duties of, letter of F.R.Agent Hardy re, Ramsey, F.R.Agent, letter from, re • question of appointing. Status of,as proposed; letter from Perrin re; correspondence between Mr. Miller and Mr. Rich re; papers ref. to Counsel. Deputy, F. R. Agents, responsibility of, to, letter ofF.R.Agent Ramsey re, F. R. Notes, problems in preparation and transr.ission of, statement re, to be sent to, 617 478 373 302 301 3P7 247 5/29 6/9 5/31 567 596 578 F. R. Agents. 1/2 6 1/4 16 2/13 152 1/2 1/18 52 6/26 669 2/13 152 6/26 669 2/5 122 1. R. Aonta: for i7, because of hedesignation previously unexpired terms as directors. Relation of, to Uovernors, etc.,. views of Board.re, Salaries of, Disoussion re, IncreLsos in, apprecaaxion of, expresec,A. Question mwte special order for, next meetinE. Reporl. of Com't. on Stu.ff re, presented. Report of St-ff Cor't. re,docketed. Report of Com't. on Staff re, discussed, Ferort of Cor't. on Stuff re, votd on, 1/3 12 3/8 252- 3/7 3/14 243 260 3/2129 3/12 275 3/b 238 2/23 2/;6 216 222 3/8 3/12 252-4 274 Report re, to be nude by ColL't. on 1,.olort re, for 1(.17, to be Lade by Com't. of Staff. holort on,actual sal-ries to be paid, to oe made by CorL't. on Staff. Resolution re, adopte,I. Tar difficulties, special notice to, re. F. K. Bank Notes: Issue of, F. R. Bk. of Sun Fr,..ncieco's pu.ans re, Y. K. Bank of Atlanta: Euilding for, . Approval cf plans for, Contract for, letter from, re status of. Facts re,. stated by Col. Earown and Ten Eick Brown; matter rof. to Co't. on Ortismtion. LiLlit of cost of, fixed, provided 57, be written off annaally. Lotion re 'aritint„ off 3 of cost of, annually. 1/e 21 1/22 60 3/8 3/8 3/21 254 254 294 4/4 331 6/1 562 6/9 5 ( J6 5/31 575 1/22. 59 1/22 59 LIU F. E. Bank of Atlanta:. Building for, Plans for, discussed. 1/18 1/18 Plans for, letter of Mr. Wellborn re, 3/12 3/19 Question re plans ref. to Com i t. on the bunk. 1A8 Feport of Cem't. on Operation re, presented unu approved. 1/22 F. R. Bank of Chicago: Credit Dept. of, letter from F.R.Agent Heath re. F. R. Bunk of Cleveland. 6/26 51 54 267 288 54 59 666 Bee under Examinations. F. R. Bunk of Kansas City: Currency emblem of, as used on stationery, letter of Gov. Miller re, F. E. Bunk of Minneapolis: Complaints re manaLement of, suggested that Coet. on Operation should hold hearing at Minneapolis-re, Daily telegraphic report from, suggestion of Mr. Rich re; reply. Protection for (Special), letter of Mr. Rich re, • • Removal of Gov. Weld and F. K. Agent Rich, petition re, by farmers of N. Duk. 22 57 6/21 655 3/19 292 3/30 319 6,41 654 1/10 1/8 1/8 31 20 27 6A9 4/4 4/4 688 335 341 3/8 240 F. R. Bunk of New York. See also Foreign accounts, agencies,BanP of England. Conference of Goet. of, with Board, Letter of Jay re time for, Topics for, discussed. Gold in transit to, question re counting of, us reserve, discussed and disapproved. Government financing, criticism of, by. Governorship of, beport re present status of, to be made by Com't. on Operation. LIV Y. R. Bank dNew York:. Overpayment by, to J.P.Morgun & Co., letter from Mr. Jay re, 5/2 471 Profit and loss statements of, discussion and vote re method of mmking. 1/23 70 Relutions between Board and, discussed at conference with Com!t. of the bank. 1/10 31 Report of Com st. on Operation.of. 3/19 291 Situation at, considered (otficering and munaLement,) 1/3 12-13 F. R. Bank of Philadelphia: Clearing house bunks to settle debtor balances by checks on, letter of .Gov. Rhoads re, 6/12 F. F. Bunk of San Francisco: Circular sent out by, re relations between small member bunks and reserve city banks, Field representative for, letter of Mr. Perrin re, Quarters for, Discussion re, Letter from gr. .Perrin re; reply. 612 6/5 584 6/7 590 2/23 6/13 208 617 F. R. Banks: Groups of, suuested by Mr. Hamlin. Management of, letter of J. M.Witherow to Gov. Wold re, Organization of, views of Bourd re, 3/8 253 6/27 3/6 275 252 F. K. Board: Felationa with Division of Issue; question re, ref. to Exec. Com e t. Summer schedule of, :Arranged. 3/2 6/11 232 608 F. R. Notes: Imemiment re: Discussion of question raised by proposed changes in; views of Comptroller re, 5/10 Approval of shipments and release of notes, already approved by Exec. Com it. 2/28 Baltimore, direct release of, to member banks in, discussed, 3/21 492 225 298 LV F. R. Notes,, Branch of F. R. Bunks, stock of, held at, in trust, Amendment re, suggested by kr.Perrin. 4/19 Amendment re, reported by Mr.miller, approved; letter of Gov. Harding transmitting amendment to Chair4/23 man Glass. Report made infomally by Mr. Miller. 4/20 Bureau of Engraving and Printing, deliveries by, Director Ralph I sA3tutement re delivering in 60 days. Cancellation of, at F. R. Banks, correspondence with F. R. Agent Rich re, 5/11 Cincinnati subtreasury, release of, from, in favor of Cincinnati member banks, 3/28 plan of D.C.Wills re discussed. make Issue.to Circulation of, Com't. on study of actual life in, 1/'29 Collateral to protect, notes and drafts secured by U. S. bonds as, opinion 5/31 of Counsel re, adopted. Confirmation of orders for, methof ler, 2/28 agreed on. Disposition of, in Suotreasuries, Mints, etc. Board's view re, transmitted to Comptroller. 2/10 Comptroller's position re; memo. of Cov. Harding re, 2/8 Delivery of, t,especially Chicago, 3/21 to be considered March 6. Delivery of, to F.R.lgents, resolu3/6 tielis re, adopted. Memo. re conference with Comptroller re, discussed, and ref. to Com't. on Issue; Exec. Com't. to have 2/9 power to wt. New Orleans Subtreasury, stock of notes in, to be exempted from order re notes.in Subtrausuries as special stock. 2/26 New York Subtreasury,ability to store t25,000,000,stated by Mr. Jay. 2/14 432 444 439 130 495 314 86 577 227 146 134 232 235 138 218 166 LVI F. R. Notes, Disposition of, in Subtreasury, Mints,etc. N. Y. Subtrea.sury, protection of . holaings at, by joint combination, suggestion of Governor to Comptroller re, 2/12 Plan for, proposed by Mr. Perrin. 2/23 Plan for getting notes from, report of Com't. on Issue re, 2/28 Report of Caret. on Issue re, approved. 2/10 Secretary McAdoo's views re; conference with Comptroller re, suggested. 2/7 Stock of, in Subtreasuries, request of Secretary McAdoo for reports re, from Division of Public Moneys. 2/23 F. R. Bunk of Atlanta: Requisition of, for $2,200,000 approved; question of denominations of. 2/5 F. R. Bank of Boston: Issue of $5,000,000 for, approved. 2/9 Supply for, failure to mainvain, letter from F. R. A. Curtiss re 2/16 F. R. Bunk of Chicago: Error in recent release of, discussed by Mr. Miller with F. R. Bank of Chicago. 4/12 Issue of $800,000 for, approved. 2/9 Issue 01'4960,000 for, approved. 3/12 Printing order to bring supply up to $150,000,0CC, approved for. 5/22 Release of $1,400,000 at Chicago approved. 2/16 Release of -$1,000,000 for, approved. 3/6 Release of 1,840,000 (or, approved. 3/16 Release of $1,840,000 for, approved. 3/21 Shipment of $12,560,000 to Subtreasury at, approved. 2/9 Shipment of f5,000,000 for, approved. 3/16 Stock of, for, ordered increased to 4100,000,000. 2/8 Transfer of, from Bosworth to Heath, question re,ref.to Com't.on Issue 1/2 147 208 226 146 130 216 121 137 170 384 139 271 546 170 237 283 296 139 283 136 5 LVII F. I. Notes: F. R. Bank of Cleveland: Request of, for 0.,200,000 pproved. 2/12 Shipment of $5,000,000 to, approved. 2/6 F. R. Bunk of Dallas: Issue of $400,000 for, approved. 3/12 F. R. Bunk of Kansas City: Issue of ii,C00,000 for, approved. 3/12 Shipment of5,000,000 to Subtreasury at St. Louis for, approved. 2/9 Shipmeut of 0,000,000 for approved. 3/16 Shipment of '4,4,000,000 for, approved. 3/21 F. R. Bank of Uinneupokis: Chan6e in denominations of notes sent to Chicago Subtreasury for, approved. 3/1 Issue of V3,000,000, approved. 2/19 Order for notes, letter of ;ilr. Rich re, 4/25 Printing of 17,000,000 for,approved. 1/29 F. R. Bunk of New York: Additional notes of $100,request for,5/16 Fmergency telephone order for e6,200,000; Comptroller to i.)e request2/3 ed to ship. Increase in quantity of notes held for its account desired by;Com't. 6/11 on Issue to Report. Issue of $5,000,000 for, approved. 1/22 Issue of $6,600,000 for, approved. 2/23 Issue of t6,400,000 for, approved. 2/19 Issue of 4;6,6E0,000 for, approved. 3/12 Printiu6 of additional notes for, re6A0 port of Com e t. on Issue re, Printing of t7,200,000 for,approved. 6/20 Requisition of shiptLent of 43,420,00C to, approved. 2/12 Shipment of $3,800,000 to, approved. 2/6 Shipment of $13,860,000 to requisition adjusted to fit telephone order. 2/5 Snipment of $12,000,000 for,approved. 3/16 F. R. Bunk of Philadelphiu: Issue of t3,000,000 for,approved. 2/9 Issue of 4i;4,040,000 for, upproved. 2/19 144 133 271 271 142 263 296 230 184 449 90 521 115 606 59 207 184 272 644 647 147 133 118 283 139 184 LVIII F. R. Notes: F. R. Bunk of Richmond: Power of, re issue of, letter of Gov. Seay re s 3/30 Reply of, stating willingness to raise its total supply of 2/7 F. R. Bank of St. Louis: Order for ;26,400,000 received. 2/16 Shipment of 060,000 to, approved. 3/6 F. R. Bank of San Francisco: Cancellation of shipment for,approved 3/16 Printing of 42,000,000 for,approved. 3/1.6 Release of, re failure of Seattle banks, Request of Perrin for; vote re, 1/31 ?utter left in hands of Governor. 2/1 Requisition on Comptroller for $4,000,000 to be shipped to. 2/1 Shipment to, of entire amount now held in rashihgton for, Comptroll.er to be requested re, 2/3 Supplies for,to be dravn regularly from Suotreasury, permission re, 0-anted. 3/27 Forms for use in transportation of, approved by Treasury. 4/19 Gold heia behind: Reserves against notes and deposits, policy re, as affecting gold behind F. R. Notes, made special order for meetint, June 21. 6/20 Issue of, Paper in hands of t, distant bunk and held for F.R.Bank, as basis for, plan re, suuested. 3/28 Power of System re, and of F.R.Bk. of Rich., letter frec Coy. Seay 3/30 re, Issue of, against gold, Advisory Council's recommendation re, 2/19 Issue of, in evergencies, Publicity in some districts re preparations for, letter to Ur. Swinney protesting aLainst. 2/19 Join; custody of, Amendment re sugi:ested; Counsel to begin work. 3/14 319 130 171 236 283 283 100 102 102 116 307 432 646 -317 319 193 194 279 LIX F. R. Notes: Joint custody of, Correspondence with F.R.Banks re, Governors to join with Agents in,letter to be sent out by Governor ougEesting. Method of dealing with, Action taken by hoard re; by-laws to be changed. Nev Orleans Brunch: Shipmert of 3,000,000. to Subtreusury at, voted, on request of M.B. Wellborn. Note issuing capacity of each F.R.Bank, suggestion of Mr. Humlin re inquiries to Agents re, Notes and drafts secured by U. S. bonds as collateral to protect, opinion of counsel re, adopted. Orders for, automatic placing of, Approval of plan re, Request of Pierre 'Jay re, Orders for shipment, release and printing, approved. 3/12 3/14 267 279 3/6 236 2/19 183 2/5 121 3/16 285 5/31 577 4/11 4/2 377 323 4/11 4/16 4/16 377 397 399 Printing of, Form of memorandum order for, tabled. 2/28 Rapidity in, urged by Cot. UcDougal. 4/13 ne.i printing of, Request fol 3/1 approved. Protection of, by Government obligations, plan to alter amendment so as to permit, proposed by Secretary McAdoo; Board 5/10 not in favor. Recoipting for, when sent by mail, letter 6/20 from Mr. Hardy re methods of, notes, Redemption of unfit Charges for shipment of, letters of Gov. McCord re, 3/6 Plan re direct transmission of. to Treasury outlined in letter from 1/13 . Ur. Ualburn. Transmission of, direct to Treasury, letter from Faucher. re, 225 392 230 483 642 239 43 94 LX F. R. Notes: Redempticn of unfit notes: Transportation charges re, letter from Ass e t See l y of Treasury Newton re assessment of. 3/19 Safeguards for use in transmission of, letter from Director Ralph, re; reply. 4/13 Sec,uence of serial. numbers of, Discussion re, 2/26 Letter from F.R.Agent Martin re, 2/23 Resolution re, 3/1% till's: D.C., letter from re, 3/12 Shipment of, to Cincinnati, l'etter from D. C. Wills re, 3/12 Shipment of, to St. Louis, question of Mr. Ramsey re churgea for, 3/12 Shipment of, under power of attorney, Letters from F.R.Agents approving Board's authorlzation of, but asking a Eeneml form of power of .ttorn. 1/22 ShipLents of, Approved. 3/2 3/28 Method of, complaints of 14r. Curtiss re, 2/26 Resolution re, 3/12 Silver. certificates, substitution for when worn, by, Weld, letter from rc, Statement to be prepared by Comet. on Issue to be sent to F.R.Agents re problems in preparatien and tra.nemission of. 2/5 Stock cf, c..rried at branches; Amendment re, letter fro. Lx. Perrin re, transmitted by ;,4r. Glass. 4/18 Stock of, method or computing, to be considered on March 6. 3/2 Storage of, letter from Cashier Talley re, 4A3 Storage of, in Pittsburgh,: D. C. Viiiis e plan re, discussed. 4/13 Subtreasuries e delivery of notes to F.R. Agents, laxity in method of, memo. of F.R.Agent 'Bosworth re, 2/12 /2 290 392 219 206 269 269 269 268 62 232 315 223 269. 4 122 406 233 443 391 147 LXI F. R. Notes: Supply of, held in Washington, Discussion re present statusre; present policy to be communicated to F.R.Agents; Treasury to be asked to.distribute to Subtreasuries. - 2/5 Reply to letter sent to F.R.Agent re, made by. F. R. Bk. of hichroond; replies to be filed. 2/7 Replies to letter sent to F.R.Agents re, made by F.R.Banks of Boston and Atlanta; replies to go to Com't. on Issue for tabulation. 2/10 Transportation of, letter from Cashier Talley re, . 4/23 Withdrawals of, from subtreasuries, Joint signatures for, letter of Heath re notification of subtreusury officials re nevi plan for. 3/19 117 130 146 443 290 F. R. System: . Country bank's (Texas) attitude toward, letter from, re 2/13 150 Fenley, Oscar, letter from recommending Bruce Haldeman as Class C director at St.Louis. 2/26 221 Fiduciary powers: Applications for, American National Bunk of McAllister, Okla.; application of,for,report of Com it. re; approved. 4/18 First N.B., Bar Harbor, Me., additional power to, to act ...4s administrator, grunted. 1/25 First N.B., Council Bluffs, Iowa. 3/8 3/9 First N.B., Moscow, Idaho; ref. to Mr. hamlin. 6/20 Applications for, approved, 1/23 2/1 3/6 3/14 5,/3 6/15 406 77 255 263 643 67 103 241 276 475 628 LXII Fiduciary powers:. Applications for, approved, American National Bunk, Iv:cAlester, Okla. itzlantic National Bank of 1. Y. First N.B.O.Loscow, Idaho. First N.B., Orange, Texas. Fourth National Bank, Macon, Ga. Applications for, disapproved, Howard, N.B., Burlington, Vt. Applications for, held. 4/1a 4/30 4/19 6/20 6/16 6/1 1/23 6/20 1/23 3/6 3/14 City National Bank, Selma, Ala., i.iuestion,re, for, tabled. 1/18 Application of, held. 1/23 Fees for exercise of, First N.B., Elizabeth, N.J., letter of, re, 1/8 Minnesota. See Northfield(Minn.) N.B. Northfield (Minn.) National Bank, memo. of Divi. of Audit & Exam. that applicution of, be filed without action owint, to opinion of Counsel re such powers in Minn. 2/7 Supreme Court case, Government's presentation of Case, conversation of Mr. Hamlin with Solicitor General re; discussion; mutter ref. to Exec. Com't. 2/1 Number of counsel to appear at hearings re, consultation with Mr. Elliott re, 3/7 Representation of .Board re, report by Mr. Warburg re; Mr. Elliott to be associated in oral argument . with Mr. Cotton. 3/21 Representative of Bord before Mich. Surreme Court, question re, ref. to Exec. ComPt. 3/7 Solicitor General Davis to (Appear re, 3/9 Solicitor General's letter re an appearance in. 3/16 ,106 464 434 648 634 580 68 643 68 241 277 53 68 22 128 107 250 297 244 261 282 LXII1 Field representative in Twelfth District: Letter of hir. Perrin re desirability of, 6/7 Fifteen day paper: F. R. Bunk of Cleveland: Rate of 3% on, approvedi discussien re kind of collateral, Govt. certificates & bonds, etc. F. R. Bank of Kansas City: . Committee tc determine rates for, appointed. Special r„.te of 3% approved for notes secured by Govt. bonds or certificates. F. R. Bank of Adinneapolis: Committee to determine rates for, appointed. Special rate of 3% approved for notes secured by Govt. bonds or certificates. F. R. Bunk of Philadelphia: Reduction in,. to 3%, approved. F. R. Bunk of St. Louis: Advance in rate for, disapproved. Issue of currency on, letter of F.R.Agent Stayer re ref. to Governor. 590 5/10 482-4 5/3 480 5P7 481 5/3 480 5/7 481 5/10 482 4/19 433 5/10 487 Financial information in connection ilith war, telegram of E. ii. Sensenich re, 4/19 433 Financing u bank and office building, letter from Bank of Wisconein re method of, 1/'8 23 First N.B., Boston: Branch at Buenos Aires, Application of, to estublish,granted. 1/22 62 1/29 88-90 Order re, First N.B., Cary: Clearing system, status of, letter from re, 2/5 addressed to the President. 120 First N.B., Covington, Tenn.: Secured loan of Gt. Britain, inquiry re investment in. 102 : 2/1 LXIV First N.B., Elizabeth, N.J.; Fiduciary poy.fers,fees for exercise of, letter ra, 22 First N.B., Menominee, is., :question re showing oontingent liability of, on bills and drafts rediscounted. 3/7 First N.B., Rib Lake, Wis.,letcer from, re redirictii4. 3/7 First N.B., York, Nebr., dispute of, with F.R. Bank of Kansas City. 3/16 281 1/23 67 5,(2 473 5/3 478 Fisher, Irving, Issue of Treasury notes, letter from, re bill for, 2/7 129 Flag Day, vote re closing on, 6/1 ' 612 Flat Top N.B., CorresponJenee with, presented by Governor; Comptroller to be notified re, 1/18 51 Fiscal Agent. 248 See Allen, Sherman Fiscal Agents, F. h. Banks as, Committee of Governors on, to meet with Bourd i.s Com't. oti Relations with Treasury Department. Resolution re accounts for foreign governments. to be opened by, Resolution re accounts fpr foreign governments to be opened by, ordered transmitted to F. R. Banks. Fleming, F. W., Deputy F.R.Agent at K.C., Acceptance by, of appointment. . 1/2 Activities of, letter of H.A.Paul re; conversation with Mr. Fleming reported by Mr. Delano. 2/7 Bond of, approved by Counsel. 2/2 128 109 Food supply, zooilization of, letter of Bull Tractor Co., re, ref. to Mr. Rich. 462 4/27 5 LXV Foreign agencies, accounts, etc. See also Brunch Bunks, foreign. Advisory Council, discussion re, by, 2/19 Advisory Council's report re desirability of, 2/19 Amendment re power of Board to require F.R. banks to maintain such accounts, sugge6tea by Sec'y McAdoo. 1/12 Banco di Napoli,, Application of, to act us representative of F.R.System, read and sent to F. R. Bunk of N.Y. 3/16 Bank of England's contract with F. R. Bk. of N. y., Cable messages sent by F. R. Bank of N.Y., Board's letter re, read to directors of N.Y.Bk.,letter 2/8 from Treman re, Form of letter to Covernor of bank re, discussed. 2/5 Contract re, to be filed with Board. 6/9 Contract re, received by Board. 6/15 1/4 Hammer, T.J., letter from, re, Hitchcock, Hon. G.M., letter from re, lA Statement of Board issued re, discussed at conference with Com it. 1/10 of F.R.Bank of N.Y. Bank of France: Opening of agency relations with, approved. 2/23 holdre Russia arrangement with, Bunk of ing of gold, Adverse opinion re, to be expressed. 2/1 Draft of _Lotter to Sec'y McAdoo re, 2/1 read and authorized for transmission. 2/2 Letter of Sec'y of State re, trans1/31 mitted by Sec'y McAdoo. Bank of Spain, connections with, Draft of letter to Spanish Ambassador re, read, and method of transmission of, discussed. 1/22 Cologne, Germany; establishment of agency at, 1/4 August lleA.mont a Co iletter from,re, 179 188 41 283 135 124 595 629 14 7 31 213 98 104 110 94 61 16 LXVI Foreign accounts, agencies, etc.: Designation of other foreign agencies, let- . ter from Pierre Jay, re 1/4 Jay, letter from, requesting that letters re ,be referred to him. 1/8 Philippine N.B.: Appointment of, as agent for F.R.Bk. of Sc.n Francisco, approved; statement by Gov. Strong re basis of such relationship. 2/13 F.R.Bk. of Boston's applic;Ation to make arrangements with, approved. 3/6 F.R.Bk. of New York's application to make arr,.ngements with,granted. 3/23 Statement of BviLid re, letter from Gov. Aiken re, 1/4 Foreign Banks: Legislation of California re, memo. of Ur. Warburg re, 6/1 State legislation hostile to, Law Com e t. requested to report re Board's policy re; letter from E.W. trdison; 3/27 Foreign-born depositors. foreign-born. Foreign branches. 20 154 237 301 14 580 309 See Depositors, See Branch bunks, foreign. Foreign exchange. See also Pompeian Co. China: Direct exchange with, letter of ' Chinese-American Produce Exchange Co. Conference with Governor of Bunk of England re, Delano, F.A., discussion by re; also draft of letter to business men re, Expert to investigate, employment of, Advisory Counsil's report re, Finland: Rich, letter and clippings from,re, India: Morris Fertilizer Co.,letter from re; discussion. 15 2/19 182 5/25 557 6/15 629 2/19 190 6/15 629 6/15 625 LXVII Foreign Fxche.ngo: Russian exchange, letter from State Dept. ra -x/5 Spanish, See also PompeLln Oil Co. Y.A., discussion by, re, also draft of letter to business men re, 6/15 Discasion Lc, 5/25 Discussion re; matter ler. Lc Governor and Deputy Gov.; hearing at F.h.Bk. of N.Y. to be arranged if they desired. 2/7 Discussion re; decision tilt, .t Board had no pover to remedy situation.2/8 hearing re, requested by Nathan . Musher. 6/21 Hurt, Alfred,of how Orleans, telezram 6/21 from, re. Jay, lettor frox," re, transmitting doquments re, _ 2/8 Joint action re, by Treasury and State Departments, favored by board. . 6A1 Letter from Aes't See l y of State Adee re; copy of cable re, sent 1/26 ,to Ambassador at Madrid. Letter from John L. Gardin re, to be referred to Ass't Sec'y Crosby. 5/23 Method of dealing with, letters from Pompeian Oil Co., Continental Dis1/11 tributing Co. and Ur. Jay re, Pompeian Oil Co., letters from, and 2/1 from other concerns, re. Status of, letter from Hon. F.L.Polk re, and memo. from State Dept.re 6/9 ioreign Government Accounts: Resolution re account to be opened by F.R. Baks for foreign governments. Above resolution ordered sent to F.E.6anks. 5/3 Foreign Covernments: Financial affairs, various requests re, from. 4/12 368 629 556 .1.27 134 650 650 134 651 b0 549 37 98 596 473 478 3.r'3 LXVIII Foreign Loans:. Advieory Council's remarks re, 4/17 Fc..cts re pending loan proposals stated by Gov. Harding. 3/21 French industrial credit, Letter to be sent by F.R.Bank of N.Y. to member bunks re, discussed and approved. 1/13 Great Britain's credit of $50,000,000; letter from F.R.Bk. of N.Y.; question raised re counting of gold held abroad U3 part of reserve. 6/6 Great Britain's secured loan, First h.B., Covington, Tenn., inquiry from, re investment in; reply. 2/1 London joint stock bunks and Bk.nk of England, discount transaction with, ($52,500,000), Allotments of participation re, for- 6/20 warded by F. R. Bk. of N.Y. 6/21 Re:..djustment of participationa of F.R.Banks in, letter of Gov. Strong re, 6/26 Policy of Board re floating and renewing, reply to letter of Gov. Strong re, 6/18 Statement of Boari re, Adoption of; 3/8 Mr. Delano presents tentative draft of 3/1 Discuesion re, 3/2 Issue desired soon by Secretary McAdoo 3/8 Need for suggested by Gov. Harding. 2/28 Foreign securities: . Vancouver National Bank, inquiry from re power to purchase; general reply to be printed in Bulletin. 1/11 Foreign trade bunks. See also Mercantile Bank of the Americas. Federal charters for, Bill re, adopted; to be submitted to Congress. 5/2 Bill disouseed; draft of, presented by Mr. Harrison. 4/30 415 294 42 586 102 647 650 665 637 257 230 234 255 226 36 472 465 LXIX Foreign trade bunks: Federal charters fo r, Question by Mr. Dahl re, Form of application for stock in, sent by Chase National Bunk. Uercantile bunk of the Americas, application of Anglo und London Paris N.B. to invest in, Forg,,n, James B., Advisory Council members to be diviaed into 3 groups, letter of re, 4/12 382 5/18 526 6/7 589 1/29 87 Forgery: , F.R.Bk. of Atiuntala insurance policy; fails to protect against. 2/26 F.R.Bk. of Phila's lose by, Letter of Gov. Rhoads re, -2/16 Letter of Gov. Rhoads and of other Governors re, 2/21 Discussion re insurance of other F.R.Banks against. 2/21 Letter from F.R.Bk. of Cleveland re, and from other_F.R.Banks. 2/23 220 172 200 203 209 Fowler. Deputy Comptroller of the Currency. Deposits, right of national banks to combine to reduce, statement of Counsel re, forwarded to, 1.26 80 Frame, Amendments, letter from, re. 6/5 585 Francis, J.D.F. of St. Louis, Directorship of, letter from re Board's ruling re, 45 119 j.D.P., Stutus of under-Clayton -Act, letter of Mr. Martill re; Exec Com't. to request informution in his hands re persons vi lating the Act. 3/27 Fulton, Pres. of Comzercial N.B. of New Orleans. Conf. of Com't. on Clayton Act with, Date for,set 1/29 Informal report is, 1/31 306 91 96 LXX Furniture of F. R. Board, disposal of, from vacc.ted board Room, memo.re, ref. to uovernor 5/31 Gary, Ind. 576 See Depositors, foreign-born. Catch, Examiner at Sun Francisco,Failure,of banks in Seattle, letter from, re, 2/13 German American Bank of Milwaukee, willingness of, to join FRS under certain terms., 4/20 152 Gidney, Ray M., Resignation of, as examiner, (And ,ppointment as assistant to F.R.Agent at N.Y.4/18 Transfer of from office of r. aller to Division of Audit & Exam. approved. 1/25 404 Glasgow, W.H. Assist,..nt to Agent at St.Louis, cr6,iit files to oe in charge of, 1/13 Glass, Ron. Garter, Amendments, conversation with Mr. Willis re, Amendr.4ents, hearings re, invitation by, to Board to attend. Clearing system, conversation with, re, reportc:a by Governor. Conference of, with Gov. harding re amend. ments reported. Goebel, Peter V., State bunks and F.R.*ystem, 'letter from, re resolution passed oy State Bank Section, A.B.A. re, 438 76 43 1/11 37 1/15 45 2/13 151 1/2 5/12 F.R.Notes. See also under Sea also. under Reserves. . Abraded gold, Acceptance of, by F.R.Bunks, at full value, letter :from Senator Poindexter to change in law re, 5/16 Inquiry to existence of ,amendment re; situation on coast re, stated by Mr. Fleishhacker. 4/17 8 509 Gold. 519 413 LXXI Gold: Abrasion of, u.nu reminting of, considered by Conference of tiovernore. Army payrolls, letter from Mr. Perrin re use of gold in, Coinuge of, for :dexico, report of J.F. curtis re, Exportsof, Cuban sunk, export of gold urrunged uy, Letter of Sec'y of St-te re, Ju.pan, checkink; of outflow to, letter of Coy. .c.;trong re, lettei of Counselor Polk re exports to j,4.411, movement of gold to, inquiry re, from Secretury of Stato. Ne4. Orleans Brunch, letter from re proposed export-tion from thut point. Protest against, by Samuol Pick. Spoci-i Board to deul vdth, letter of Mr. Waruurg to State Dept. suggesting, of, by nunkero, into U.C., und deposit of, witn F.E.Bk. of N.Y., conUitions re, discussed; letter of 1:4r. VI-Lrouri, to Lr. J,y re, approved. Lit-weiht, receiving of, o.t F.R.Banks, Discoseion re, Light-v,eight, redemption of, tit pa, Poindexter, Senator, letter from re, reply. rexico, salo of told coin in, correspondence with Counselor Po.Lk re; mutter to Mr. Jay. P..L.; Lients to non-merber barks, letter of Uov. Zeuy re Treasury's use of gold in makin&. Payroll use of, in Cincinnati, letter of W. S. Rowe re; special committee numed to prepare letter to Y.R.BaLks on this subject. Shipment of, to Aexico, letter of Ramsey re, und reply. 361 6/13 615 4/2 323 6/26 665 6/() 596 6/11 608 5/29 567 6/26 2/13 665 154 6/18 5/21 537 330 6/15 627 3/21 294 5/10 4E8 5/14 517 2/13 151 LXY,11 SnipNents of, light weight coin, etc., letter from Pamsey're, 2/26 St,te bank reserves, hullyv,00d Bank of Los Angeles, letter re mobiliiinE of, 4/2? Witharawals of, from banks of Hillsboro, OreGon,letter from Hillsboro N.B.re, 4/4 6c1d certific,tes: Dieccr.tinuing of iS060 of, in small denominations, letter fron Gov. Strong re, 5/10 P.Lat of sealin6 yackages of, to L.void recounting, considered; Secretary to send out form giving details of, for pproval of each Agent. 5/11 Gold coin: Use of, by postmasters in 1ALying empolyees, letter from Gov. Wald re, Gold settlement fund: Amendment re, question of onange in; discussed; Governor to report re, to Senate Com't: on Banking. Audit of, Report re, presented. Sealing p.t..ck“E,es of gold certificates to 1,..ci1itate, questior re, ref. to Com't. on, Balance of F.R.Bk. of St. Louis in, ietter of'Gov. Violist re, Bordwell, C.:Ashler of F.R.Bk. of Sr Yrancisco, memo. of, re v.orkintr, of, Control of, memo. of Mr. Broderick re, approved. Cost of, ordered chtArEed Lo3 orain4ry expense of board. settlements, Discussion re, in connection immedi,Ate -vi.dlability of driAfts on F.R.B!,nks; position of Com't. of Governorti re, Draft of letter of Cold Settlement Collt i t. to Gov. tr.old re, 223 460 331 490 496 5/10 492 2/10 145 3/27 307 5/29 567 L/23 207 3/1 272 1/25 75 1/18 51 1/23 66 1/5 19 LXXIII Gold settiemeat fund: F.R.Bank of N.Y., withdrawal of $25,000,000 from credit balance' of, requested by, and upproved. 5/16 522 Gold certificates, vote re change :In endoreement of, 3/6 237 Management of, Chant:es in, telegram to F.R.Banks re, 6/26 669 Plan for, under recent amendments 5u1)mitted by Governor und authorized. 6A6 660 Management of, esiecially settlecent of Feb. 1, disci„ssed and ref. to the Got4't. 1/31 94 Payment on behalf of F.R.Banks voted ag 3/16 284ainst.' Receipt prepared by Counsel for use by Treasury Department on receivin6 certificates. 6/26 685 Resoiation re management of, approved. 5/11) 485 Resolution re trunsfer of nanagement of, from Mr. Allen to gr. TIiili3. 5/10 486 Safeguarding of safe of, new plan for, postponed. 4/12 381 Sealing p&ckages cf certific..tes in, plan re, dopted, if s..tisfactcry to Azents. 4/20 436 Sarervision of, turneu over to Ir. Willis byliir. Allen, (luring leave of 4,osence. 3/9 263 Tra.nsfer by F,R.Banks for member banks through, question re, discussed and docketed. 3/1 265 Treasury Department to receive.certificates representing, on June 29; form of receipt prepared by Counsel. o/28 .665 Government financing: See also Certificates of Indebtednesn. Liberty Loan.. Comptrollerge inquiry whether Board had discussed; mutter not referred to, Board. Conference of Governors; Address before, by Secretary McAdoo, und discussion re; memo. re, to be prepared. 4/13 393 4/4 333339 LXXIV Government financing: Conference of Governors, Discussion re, district by district. Discussion by, re. Letters re, from J.A.White and J.B. Goodwin. Government obligations: F.R.Notes, protection of, by, plan to alter amendments so as to *permit, proposed by Secretary McAdoo. 4/4 3:1- 15 352-3 4/9 372 5/10 483 • Governors: Committee of, meeting in N.Y., Gov. Harding to visit, if possible and urge final settlement of draft question. 3/7 245 Letter from R.H.Treman re; 3/2 232 Committee bf, proposed meeting of, Letter from R.h.Treman re, ref. to Clearing.Com't. 240 Committees: Banks as Fiscal Agents, com i t. on, to meet with Board's Cum't. on Relations /14iith Treasury Dept. 1/123 67 Drafts on F.R.Banks, collection'of, Circular re, to be prepared by, 1/25 78 Date for conference re, stated in letter from R.R.Treman. 1/8 21 In session. 1/22 57 Eeport of, presented and'uiscussed. 1/23 64-6 G.A.R. Memorial Exercises, subscription list for. 5/11 497 Grayson, Frank V., Release of, from utaff of Board, asked by F.R.Bk. of Cleveland; approved. Resignation of, accepted. 5/25 5/29 558 568 Gronna, Senator, Exchange charges, amendment re, by, 4/13 391 LXXV arantee of deposits: Amendment fn Senate re, to bill amending F.R.Act, discussed. Gu“ranty of deposits: Vilwaukee Clearin; House Ass'n., letter froiL, opposing adoption of plan re, North Dakota law re, copy of, sent by Mr. Rich. Owen bili re, to be considered by Law Senator Owen's plan re, discussed by Advisor} Council. 4/10 3t.i6 4/23 444 2/13 153 4/20 438 4/17 4/18 411 419 Guaranty Trust •Co.: Entrance of, into FRS, Conversation of Mr. Warourg with rep— from resentative of, re; letter Board to company re, approved. 6/26 6/28 Guardian Savings & Trust Co., Clevele.nd, Admission to FRS, 6A6 Authorized, 6/.27 Llesso of D.C.Wills re, Letter of D.C.Wills re condition of, 6/28 Hearing re entrance of, into FES, set for 22. 5/18 674 682 673 675 634 526 halueman, Bruce, Recommended as Class C director at St. Louis b} Oscar Fenley. 2/26 221 Hairlin, Charles S. Aet as amended, Mr.. Humlin appointed to edit. 6/19 641 hammer, Bank of England as foreign uL:ent, letter from,re, 1/4 14 hardvack amendaent: Check collection situation in N.Y. under, letter fro. Gov. Stron7, 6/16 634 L'AXVI Hardwick Amendment: Discussion re, with Mr. Curter Glass present. Government checks, effect of, upon, letter from Mr. hcenlin to Mr. :Warburg re suggestion'of Gov. Strong re, Gov. Harding's letter to Secretary LIcAeoo re, Informal discussion re, Interpretat:Lon of, by Senator Owen, letter re, Interpretation of, letter from Y.W. Foote re, National Credit 1.1en's Ass'n., resolution of, re, Substitute for, proposed by Mr. Glass, conversation re, with Mr. Glass, reported by Vice Governor of Board; authorized to confer with Senator Owen & Rep. Platt re, Vote of Board re course of action re, Hardy, F.R.Agent. Secret:....ry to, et salar 5/19 529530 5/24 555 6/1 5/21 581 5,t0 6A8 683 6/26 673 6/1 561 5/14r b/1 517 581 of ;!,1500, “pl,rovea.2/2e 224 Harley-Davidson Motor Co. of Milwe.ukee, Trade acceptances, Correspondence with re, Report of Lr. i.Areurg re, to be sent to; copies of correspondence to be sent to F.R.13nks. Lettor of, re, Form of, use6 oy, cort.ficd to be correct. 1' 2/i 2/26 Eurrime.n, Authorize:a to act ur uirector in two N.Y. institutions. Clayton ppeal of, vote not to chano former action re, 1/8 Harrison, George, Assistant Counsel. Secretary to Clayton Act Comit., Mr. Harrison to act as, 4/27 Hartford-Aetna N.B., Hartford, Conn., Liability of, for dividends on stool, of Aetna N.B. of Hartford. 1/15 87 1C9 220 316 3 27 463 47 LXXVII Hayes bill: Aavisor Council's opi‘lion re, Comeination of, with Kitchen bill, discussed by Rep. Harrison and Gov. Harding. 4/18 418 5/2 470 Hayes,eyresentative, fax on interstate checks of State banks, V.r. Warburg to discuss Board's amendment re, with 4/13 391 Heard N.B., Jacksonville, Fla., Staterferm from Vt.:ileum re, 1/18 50 hearings: Clt.yton act committee, hearings before, to be held for E.D.Hnibert. Informal report re, by Mr. Hamlin. 5/11 5/14 508 514 Heath. F.H.ALent at Chicago. Acceptance by, of appointment. F..Notes, delay in telegram asking release of, correspondence with, re. Visit of, to Wahington, announced. 1/2 5 2/19 4/13 182. 392 Hellman, I. W., Jr., telegram Iron. re deposit of proceeds of Liberty Loz.n. 4/23 442 hillsooro, Ore., witharawals of 0)i., from oanks of. 4/4 331 Hirsch, Charles j., Fifth et Third 1B., Cincinnati, request of, to invest in American Foreign Banking Corp. 6/18 Hitchcock, non. C -M., Bunk of England's arrangement with F.P. Bank of N.Y., letter re, 1/2 Hoggson_Bros., letter from, re policy of expenditures for bank quarters. 4/27 Holden, Hale, case of, re interlocking directorates, presented by H. A. Vihoeler of Cr.icro. 5/22 637 7 461 LXXVI31 Holidays: • Flag Duy, June 14., vote re ciesing on. Fourth of July, arrangerrent or meetings during week of. Januttry 20; weekly statement to be issued as usual. Saturdays during summer, resolution re closing on. W4shington's Birthday, offices to be closed on 6/12 612 6/2k 684 1/18 51 6/16 636 2/7 128 Dank of Los An6e1es, letter from, re mouifizing Stategob a reserves. homeetead situation in Minnesota aistrict, letter from Ur. hien re, 460 4/0 Hulbert, F.D. of Chico., Director in common of a Chicac,o and a St. Paul bunk, letten from, re, Hearing before Clayton Act Com't., requested by;.date agreed upon. 2/16 174 5/11 508 Hurley, Edward N. Bequest of, that Boaxd send delegates to meeting of Instituw of Public Accountunts. 1/10 32 Illinois Bankere Ass'n, Invitation to dinner cf, ded..inej. 1/15 46 . Impeachment proceedings against board, Dismissal of, by House; notice re, fcr 3/7 245 5/18 527 5/1Y 530 Institute of Puolic Aecountants: Mr. 'Delano authorized to attend, with Vice Governor Peple.and. Mr. Broderick. 1/10 32 Informuticn re affckirs in Congress and. at lreasury re ay.:11;as of F.R.Banke,' Committee on Bulletin to provicie. Daily bulletin of information to F.h. Banks approved. Insuri..,nce. See also Forgery. LXXIX Ineumnce: F.R.Be.nk of At1.,ntt4: Insurz,nce policy, copy of, sent by Gov. T4Cord. F. R. 4ank of New York: EXCOS3 insuritnce carried by, Comptroller to be informed re, Ineurunce, group: EquiUtole Life insurhnce Co., .letter re. F.R.L:..nk of L!icne,pulis: Pin for, :„..pprovu. 2/26 220 2/3 115 2/8 135 3/30 318 Interest: Loss of, on tr,nsfor of f:Ands from KIA..niLits City to N.Y., letter of Americi4n N.B., N,shville, Tenn. re, 2/12 Une.4.rned, tre,tment of, in st,4.tements of bank profits, F.R.Azont re, Letter from :411 Sti.texixnt of Comptroller re; Governor 2/1 to reply to F.h.Agent. Interlockint, Dirt totes: Cr1ton, Ne.vcoq.b, r4,pp11cation of, sdirector in 2.N.Y.banks, pproved. 3/7 Cooper, W.H., of Wc4snin,ton, ..pprecidtion of permission gr,Anted him, re. 2/8 Fr,ncis, J.D.F., of St. Lo,ls, letter from re Board's riing re nis directorships 2/5 Holden, H4le, ChB° of, presented by M.A. 5/22 Wneeler of Cnicono. huloert, E.1)., latter (roil, re election of common director of o. Chic.,6o Lnd a St. Paul bank. /lo Kemper, W.1., ...tppointmtInt of, on boards of directors of tao K4ns,,.s Citi b.nke. 6/11 14e;„0. of Mr. r.,roarl, re common Jirector of to N. Y. banks. 2/23 Intern,d revenue duties, Form for p....yment of, letter of (ov. ZA$4y re, Investment policy of F.R.Bnks, Discussion re, 148 99 103 246 136 119 542 174 607 207 . 5/10 488 3/27 312 LXXX Invem.-3nt polio; of ,F.R.Banks: Letter to F.R.Agents re Attention cu.i.led to, by Governor, at meeting with Governor. 1/23 Letters re, from hardy Lind Jay ,noted. 1/22 Pubiication of, in Bulletin, discussed 1/22 Loans secured by Govt. Bonds, letter to Agents, re. 2/16 Mr. Perrin's views re, especially us to Surl Francisco. 3/28 Report us to condition of owlks re, given by CoverLors, and oneral sitdation re, discussed. /23 67 62 56 172 317 67 Investments: F.R.Bu.-nk of S, d11 Francisco,decline of investa.ent of 3/1,* Iowa Loan & Trust Co., Opinion of Board re nevi of holding reserve :.ainst its outstandina, debentures us condition of Iership. 6/1 612 6/11 6G7 Jacobson, Salary of, matter of reconsideration of; to be otAlled to 6 -tte.ntion of ComIt. on Stuff. Sulary incre4se for, upproved. 1/8 1/31 26 05 Jay, Pierre, Sulury increL4se of, iAppreciation of, expressed. 3/14 278 4/30 468 Issue Division. • See Division of Isouo. Ivarson, George D., recommenced as director of Buitimore Branch by George Pope. JLcksonville, ;IL..., See Heard, N.B. Jemison, of, fixed. Jordan, G. E. See Equit-ble Life Insurance Co. LXXXI Kane, Deputy Comptroller. Stock held in F.R.Banks by menber banks, and 3 iel stock requirement, inquiry from, re aiscrep4ncies in, 141 K,Insas City: Reserve city Cleftring House ut, letter of Miller re establishment of 1/2 Kez.:n, James 5., Roport of Com'1,. on Staff re designtion of, ,3 stencwrapher in Secretary's office, approvea. 1./4 Kelleher, Daniel, letter from re bre..nch 1)1-1k Seattle. 15 3/2 3/8 3/12, 233 255 267 6/ii 607 Director at F.R.Bk. of Atlanta. Kettig, W.H. Sz.lary increase for Gov. UcCord, letter 1/15 from re, 45 Kemper, V. T., appoiritment of, on boards of dir,ctora of two Kansas City banks. Kitchin Bill: Combinc4tion of, with hayes Bill, plan re, discussed by Rep. Harrison and Gov. . 5/2 Harding._ Conference of Governors, resolution re, -21.0 and discussion. 470 359360 LIAbor situation in Minneapolis district, Letter from Mr. Rich re; correspondence to ' be transmitted to Secretary of Ag.4/123 riculture. 4/20 Letter from Mr. Rich re, 440 439 Lurot, 4ivester, Pres.of National Park Bk.N.Y. C44yten Act apvlic.,tion of, to reU.in directorship in Riggs 14.13., Wasnington, rep‘rtd on; tabled. 1/24 74 Lund compealy, employment of, inquiry re, from Bryan, Hill & Bryan, Houston, Texas. 637 6/18 Lanin, Margaret, Stenographer in Gov. Harding's offize, appointment of, as 2/14 164 1.4 books, request from Counsel for purchase of,3/12 Move purchase approved. 3/12 269 272 Legislation in State of Maine, letter of Mr. hamlin to F.R.Agent Curtiss re, 148 Londing policy. 2/12 See Investment policy. Liability: Contingent liability, question re showing of, by First N.B. of Menominee, Ihisc. on drafts or bills rediscounted. 3/7 Liberty Loan: Advisory Council' Amount of lohn, opinion of each member re, 4/18 Discussion re loan by, 4/18 425428 408416 419428 418 4/18 405 6/18 636 6/13 619623 6/15 6/13 624 631 4/12 382 5/25 559 -4/17 4/18 Opinion adopted by, re, Aiken, Gov., letter from, re status of bonds under. Appreciation of work of banks, etc.,• for, expressed in telegram to F.R.Banks. Banks' subscription to, Comptroller's press statement re, Discussion re, Bhnks' subscription to, Comptroller's press statement re, F.R.Agents' letters re; telegram from Mr. Perrin. Telegram from Board to F.R.Bka.ra, Board- not responsicle for, facts re, to be emphasized at meeting of Advisory Council. Bond house, circular of, questioning wisdom of investing in, forwarded by Gov. Vvalls. 248 LXXXIII Li erty Loan: Burton, Theo. E., letter from, re method of issuing. Certificates of $10. denomination, Discussion re permitting F.R.Banks to issue; decision. F.R.Bk. of Kansas City, request of, to issue, reply. Inquiry from F.R.Bank of N.Y. re issuing of, Legal opinion re issue of, to be obtained in answer to telegram of Gov. McDougal. Letters of Gov. McDougal and Gov. Rhoads re, Protest against issue of, sent by Liberty Loan Coet. of Providence, R.I. Chicago bunks' subscription, letter from Gov. McDougal re conditions of, Circulation privilege for bonds of, letter from Ex-Gov. Stokes re; Gov.Harding's letter to Secretary McAdoo re, etc. Circulating privilege for bonds of, Secretary McAdoo's position re, Conference of Governors: Address before, by Secretary McAdoo, re, and discussion; memo.re, to be prepared by, Committee to inform Sec'y McAdoo of views re, Discussion by, re, Memorandum by, re, Conversion privilege, message from Goys. .Fancher and Rhoads re, as applied to their banks. Curtiss, F.R.Aont, letter from re, Mr. Delano to attend certain meetings re, at expense of Board. Deposit of proceeds of, Advisory Council's discussion re, Discussion re; Exec. Com't. to prepare regulation. 4/18 405 5/25 560 6/1 580 5/23 551 5/25 557 5/31 575 5/28 565 4/23 443 4/16 398 4/17 409 4/4 333339 4/6 4/5 4/6 364 352-3 361364 4/13 4/23 391 444 5/31 576 4/17 415 4/26 457 LXXXIV Liberty Loan: Deposit of proceeds of, Hellman, I.W., Jr., telegram from,re, 4/23 442 Resolution recomending that requirements of Treasury Circular No. 81 re, be modified. 6/26 660 State banks and trust companies, deposit in discussed by Advisory Council and Board. 4/17 409 Dinner in Sun Francisco district to celebrate placing of, Governor to send congratulatory telegram. 6/21 653 Discount rates on notes secured by, Approved for F.R.Bks. of K.C.& Minn. 5/7 481 Discount rates on paper secured by, Circular letter re, approved after discussion. 5/22 543-4 Discussion na, 5/10 532 Discussion re; circular letter re to be sent to F.R.Banks. 5/18 525 Discussion re, in connection with application of F.R.Bk. of Cleveland. 5/10 483 Eberly fixing of, urged by conference cn loan details. 5/18 525 Establishzent of rate of 3% for all F.R.Banks on customers' paper so secured. 5/22 545 F.R.Bank of Boston, rate for,discussed6/11 606 F.R.Bank of Boston, rate of 317 on customers' 90 day puper,approved 6/12 610 F.R.Bank of Chicago, Teleran from, naming rate fixed oy bankirate approved for 15 day notes,but not for customers' paper. 5/19 532 Discount rates on paper secured by bonds of, F.R.Bank of N.Y., special rate of 2% for considered. 5/22 545 F.R.Bank of Richmond, rate of 31% on 90 day notes, approved for, 5/24 554 File of communications with F.R.Bks. re rates on customers' paper. 6/13 621 Letter from Gov. Seay re, 5/18 524 Mr. Miller's views re, 5/19 533 LXXXV Liberty Loan: Discount rates on paper secured by bonds of, Rate of 3.0 . 1 on customers' 90 day notes, Approlied for F.R.Bks. of Chicago, Atlanta, St. Louis & San Fran. 5/23 Telegram from Ur. Perrin re, 5/19 Telegram to F.R.Banks of Chicago and Sun Fran. re agreed on. 5/19 Telegrams from F.R.Bunks of Dallas and Sun Fran. re, and letter from F.R.Bank of N.Y. 5/22 4/16 Discussion re plans for, F.R.Bunk of Minneapolis: Subscriptions to, in district of, letter of Ase't F.R.Agent Mosher re 6/26 F.R.Banks, duties of, re telegrams sent to, re, reply from Gov. Van Zandt. 5/3 Fifteen day notes secured by, taxation exemption recommended for, by Goy. 5/28 Wold. Forgan, J.B., telegram from, and from others re, 6/16 upon of, bonds, effect Issue of old 3% discussed by Conf. of Governors. 4/6 in western cities interest to of, Journey by Sec'y McAdoo, Gov. Harding and gr. Allen, arranged. 5/11 Nat'l Ass i n of Credit Men, services of, offered re, 4/23 Jay, Pierre, letter from, re placing of, 4/23 in N.Y. Post, William, Central N.B., Philadelphia, 6/20 letter from, re methods of selling, Rate for, .6 below 90 day commercial ph5/16 per, discussed. Rediscount of notes of non-member banks secured by bonds upon endorsement of member banks, Fancher, Gov., letter from re, 6/13 Letter to F.R.Banks re, discussion. 0 Seay, Gov., telegram from requesting interpretation of Board's letter re, 6/20 552 532 535 543 403 670 478 564 635 365 499 442 445 643 519 614 599603 646 LXXXVI Liberty Loan: Rediscount of notes of non-member bunks secured by bonds upon endorsement of member bunks. Telegram giving opinions of Gov. Harding and Sec'y McAdoo re, 6/11 Explanation of Gov. Harding re above telegram6/13 Rediscount of paper secured by bonds of, for member banks acting us agents for non-member bunks, discussed. 5/18 Rediscount operations between F.R.Banks re payments on, Vice Governor to prepare letter re, 5/25 Discounts, need of, in alvance of withdrawals of money for, urged by Jacob H. Schiff. 5/11 Rhoads, Gov., letter from, re praticipation in carrpuign for. 6/5 Rich, F.R.Agent, letter from, re progress of, in Montana. 6/15 Savings bunks' alarm re sale of, letter from A.D.Welton re; hearing re, to be granted Mr. George E. Edwards. 5/16 Savings banks' relation to, Discussion re, by Board. 5/21 Savings bunks' relations to, Hearing granted to Mr. E.L.Robinson and Mr. G.E.Edwards re, 5/21 Savings banks' subscriptions to, letter from Gov. Strong re reasons for limited amounts of, Seuy, Gov., letttr from, re method of issuing. Society of Equiry, work of, in opposing sale of, Stump for outgoing mail, letter of Secretary McAdoo suggesting. Subscriptions by stuff of Board, Question of facilitating, ref. to Staff Com't. Report of Mr. Delano re; draft of letter to employees. Tour in behalf of, Mr. Hamlin to accompany Sec'y McAdoo on. 608 614 525 561 495 586 626 520 541 539540 5/18 490 4/16 401 6/13 616 542 511 5/29 567 5/31 578 5/31 576 LXXXV1.1 Lincoln National Bank, Lincoln, Nebr., complaint 4/11 of; re status tLs to drats. ' Lincoln, Nebr. 380 See National Bank of Comerce of. Loans. See also Real Estate: Acricultural, Correspondence i:ith persons in Linn. District re; draft of letter in 6/1 Tr.h.bk. of Winn., letters of :.!essrs. Uitneroo and Lowrie re such loans at, reported by 1:r. Haxlin; rel. 5/14 uu.ok to 14r. Hamlin. Northwest, letter from J.L1.Witherow re lo-ns i, 6/9 Cotton, 'letter from 1.1acon Ridge National Bank of Delhi, La. re notifications of amounts to -,(3 loaned on. 4/25 Grain in elevators, letter from lon. John 4/25 Burke re loans on. Lund, loans on, suuject to lien for furnishing water, opinion of counsel re, tab.ke0. 6/26 Limitation of, in proportion to capital, Amendment re, proposed by Mr.Warburg. 6/5 Owen, Senator, letter from, re senate bill 2460 re, 6/26 heal Estate bonds, classification of loans on, opinion of Counsel re, and memo. of Comptroller's office re, 5/.L0 hestrictions on loans rediscountaule oy F.P. Banks, letter from Central Natioral Bank of Philadelphiu,. re, V16 Savings banks by Reserve Banks, recommendation of Coy. Strong re, 5/10 Short-term loans to Government, F.R.Eank of Richmond's duty re making, letter of Cov. Seay re, ' 5/10 securities as oasis of, letter from Senator ra, ref. to Counsel. 5/10 Lomax, F., letter fvom, re real estate loan bus3 iness of American N.., of hichmond. 582 517 596 450 449 670 53 666 492 521 490 468 485 233 LXXXVIJ I London joint stock ba;aks. See under'Foreign Loans. Love, Thomas B., of Tex. Salary of F.P.AiTnt Ramse:i , letter froz. re ,2/26 221 Lyerly, Election of, to Advisory Council announced.' 15 48 McAdoo, William C., Government financin6, 5.ddress before Conference cf Covernors re, McCord, Goi.ut F.R.Bunk of Atlanta, Salary of, increase in, discusseu, with letter from Kr. Kettig. Salary of, report of Staff Comst. re, adopted. Mc gul, (Nov. at F.R.tank of Chico, Circular letter sent out by, letter from R.H.Treman transmitting. McLallen„ Deputy F.R.Agent at Salary of, increased. 333336 45 1/25 76 L/14 166 1/1'2 39 1/11 .35 Chicago, McLee.r, Senutor, ' Hearing re transfer of Conn. banks, conversation with, re, reported by Mr. Vurburz. McN,.b, of Can Francisco, Boards'of directorc of F.R.B,Anke, opiniou of, re, Bahk, Delhi, of, re cotton loans. 11:44 53 letter Bankers AssIn g Mr. Hamlin to accept in' vitation to ad:kr-ass. 450 4/30 469 Laine, proposed legislation in, letter of Ur. Hamlin to F.R.Agent Curtiss re, 2/12 148 Ualburn, 1Jjlliari p., Chief National Bank Lxarlaner, appointment as, arid confimation of salary. 1/24 73 LXXXIX Marrufacturors, fro of subbostioll to, statement proposed us 3/16 284 M-ps of F.R.Diatricts, ne-luest of Mr. Rich for; report re, to oe mude to hxec. Com't. 1/22 60 Marine B4nk of BuMio, stutement of Mr. Williams 1-.3 nee;1 of observing, it with caro. 3/16 285 Ilisiny Bank, Murshull Willing-nes* of, to jcir FES under certain terus. 4/20 437 Marvin, Mrs., transfer of, to office of Mr. Hamlin Lpproveci. 6/26 667 Maxwell, J.W. of Seattle, Teiec-am from, to Ron. Miles Poindexter re F.R.Bank at Seattle. 2/9 140 Medforl, N.B., Meaford, Transfer of, to Chic-0 District, letter of Mr. Rich re; reply. 2/23 215 !,ladforA, Wis., desiro of a ounk.in, for transfer to Chic4go district, presented. 1/24 72 Liemlier onks: Board meetings of, attendance of nondirectors at, letter to MerchantsLaclede Bank, St. Louis, re, 1/4 15 Small member banks and reserve city banks, circular re relations buteen, sent out by F. R. Bank of Sun Francisco. 6/5 584 geMbership in FRS. See also State banks 4 Trust Cos., Entrance into FRS. :.!emo. of Mr. Delano re, Uutuui Savings Bunks, Amendment re associate memberhip for, approved tentutiveiy. 3/7 247 1/2 9 Meuphis Clearlhc_ 1'10480 CO:14 1 ernor to, approvoa. 4/5 36E' letter of C=ov- XC aenominee, Wis. See First N.B. of Mercantile Bunk of the Americas, Anglo & London Paris N.B., application of, to invest in, 6/7 National Shawmut Bank. of Boston, request of, to invest in, 6/26 664 21ercantile Lon & Trust Lo s, Chicago, admittea to F. R. Sistem. 6/22 656 2 9 1 .$ Merchants-Laclede N.B., St. Louis, Attendance of non-directors ..-xt ooard meetings, letter to, re, 1 4 15 2rust Co., St. Louis, Examination .of, report of Com't. on Audit & Exam. re charges for, approved. Merchants Loan & Trust Co.ef ChicLo, Admission of, to FRS, letter of Mr. Glass re, Uembership in FRSystem accepted by, Status of directors of, should company enter F.R.Sistem, hearing before Clayton Act Comit., testimony of Mr. E. D. Hulbert, 589. 5/10 6/27 488 678 5/14 514 2/21 204 Mi..it,:r; service, letter from Vi. Perrin re release of bond sAlesmen from, 6/26 671 Miller, A.C., Gold reserves behind deposits and notes, statement of Mr. Miller objecting to resolution re keeping of, upon substantially equal basis. 6/21 651 Minneapolis bankers' meeting, Hoy. Harding to address. 5/11 499 Messengers. Sea under Staff of F.R.Beard. Michigan Bunkers Ass'n, Address before, to be given by Gov. XCI Minnesota Bankers Ass'n, x..lso.ution of, 1).' provini, work of FhSystem. Minutes: Advisory Council, joint session with Beard Lainutes re, reported oy Mr. Delano. Advisory Council, minutes ofmeetinL of, with Board, relortoi by DaliAno and filed. Board of director-s, F.R.Bk. of Dullas minutes of meetini; of, filed. Clayton Act, Meetin'of April 27; approved. Clayton Act Com't., rninLteg of .-Jaeting bf, approved. Clayton Act Com't., minutes of,approved. • 6/28 684 4/19 430 /23 440 1/8 4/27 461 1/4 1/8 15 31 , 1/.25 1/26 2/5 2/14 2/21 3/2 3/9 3/21 4/2 4/30 5/3 5/12 5/16 5/24 6/9 6/26 15 26 48 77 83 120 167 205 234 263 296 324 469 476 511 522 555 597 673 • Clayton Act Committee, To be bound and indexed in separate volume. 2/23 F.R. Board, Indexing of, to da.te, to be provided 1/22 for oy Governor. Governors of F.R.Banke, minutes of meeting of, with Board, revirtea by rx. 4/23 De.A.ano 4nd flied. 4issiasippi State warrants, holding of, by F.R. hanks of St. Louis and Si,,n Frunpapproved. 1/3 23 210 63 440 12 XCII Uississippi Valley Trust Co., entrance of, authorized. 5/3 475 Mitchell, J. J. Clayton Act appeal of, action re, postponed. 1/5 17 Montana banking conditions, 1.tters from Rich re, ref. to Comptroller. 1/2 5 6/9 597 2/1 107 Montc14r, N.J. See Bank of Montclair. Moran, Paul C., resignation of, approved. Moran, Paul. C., salary of, report of Com't. on Staff re, approved. & co.. lAorgan, Overpayment to, by F.R.bk. of N.Y., letter fr.= Mr. Jay re, 471 :4orrie Fertilizer Co., letter from re exchange on India. 6/15 625 Mortgages; See also Real Estate. Sake of certificates bused on, paper re action of Richmond, Va., banks re, 4/5 368 Moaner, C., Assistant to F. R. Abent hich, Nomination as, Salary co, approved. 1/11 21 38 1/2. 9 6/1 4/23 2/1 2/8 581 442 97 136 Munitions paper. i/e See under Discounting. Mutual savinE,s banks, Amenaxent re associate membership for, approved tentatively. Natiomd Ass'n of Credit Men, Hardwick arilendlmnt, resolution re, passed by, . Liberty Loan, services re,.offered by, speaker for MLrch 9, Request of, for H.P.Wil,Lis to aciiiressi suggestion that D.C.Wills be asked to speak. '2/8 137 XCIII Nation4. Ass'n of nunufucturers, Secretary of Board to ttent xeeting.of, National B:-AJik Act: Amendment to, proposed by Mr. tarburg, re limiting amount of louna in proportion to capital. Draft of bill amendin, transmitted by Perrin. io.1.Junk of Coal Creek, Tenn. Compiaint from o4shier of, sent by Coy. McCord. National Bank of Commerce, Lincoln, Nebr., complaint re cioaring system. National Bank of the Republic, Chico, Dollar exchange bills on Australia, comment of, r1.3, . 3/27 307 6/5 583 2112 146 26 219 3/19 291 1/2 See .1.so Taxation,Income Tax. S. Bonds. See 4180 under Deposits, rates on; right to combine to reduce, 1/18 Letter of Comptroll rxe, 1/26 Statement of Counsel re, . Ortsunizations of, Montan- ounkin't..; conditions, letters from Rich re, of. to Comp1/2 troller re pending orLuniztions. Speculation in food products aided by 5/1u complaint of Ur. C.P.Bressa re, SIL -merit 4howins number of, in eaun District, with aseets of 5 million or more, 4/5 discussed. cerStockholders .in, opinion of Counsei re tin powers ofi LkAw Cox i t. to prep-re abstract of opinion of Solicitor Gems2/5 oral re and obtain other data re. 3 National bunki.i. 53 80 5 51( 4 367 123 Nutional Shawmut Bunk, Boston, rie.1 est of, to invdst in Mercantile Bank of the Americas. 6/26 664 Milson, Senator Knute, letter of Bull Trctor Co. re food supply,, forsarded by, 4/27 462 XCIV New Orleans Branch, Inspection trip to, Notice of, Report oi, M.B.Weiloorn, 2/14. 166 2/19 185 New Ulm, proposed meetin6 at, letters re. 6/20 Newton, Byron R. Asa i t Sec s y of the Treasury, Bona conversion, letter from, to Auaitor of Treasury re, 4/9 649 371 Northern Trust -Co. of Chicago, Status of, under Clayton Act, if a member of system, inquiry from, re, 'I16 401 Northfield N.B., Northfield, Minn., Fiauciary powers, memo. of Divi. of Audit, & Examo that application of, for, ee filed without action. 47 128 Noraood, Election of, to Advisory Council unnounoed. 1/15 48 Notes: Cancellation of, at F.R.Bnks, correspondence with F.R.Agant Rich re, 5/11 495 Officers: See Stuff of. F.R.Banks: Official Bulletin: . Alien enemies, circular re, question re furnishing to; , Material from Board for, to be transmitted by Secretary. St.atus of, reported on by Secretary. 5/11 497 4/30 5/10 468 492 Oklahoma National Bunk: . Dividend liability as between Dallas & -Kansas City, question of, re,anewered.1/13 44 Oliver, J.D., Clayton Act. appeal of, action re,postponed. 1/5 Oliver, Senator, Branch F.R.Bk. at Pittsburgh, conversation of, with Gov. Harding re, 2/7 17 129 XCV Opinions of Counsel: Acceptances:. Purchase.of, by banks intending to rediscount them,opinion re udoptud.5/29 . Acceptances, trade, Status of, as affected by Sec. 5200, 6/9 opinion re, Advisory Council to board of directors of a. member bank, status of ,in meanin6 of Clayton Act, letter of Counsel re 1/22 to be adopted as opinion. Deposits of public, funds in member banks and release of reserve against them, 5/10 opinion re, approved. t• - 6/12 Directors, opinion re educators as, 6/15 4/30 Disposal of, ref. to Law Comit. banks. 2/5 Dividend claims of certain Eligiole paper, power of Board in defining, • 6/26 opinion re, tabled. Farm loan banks, deposits in, and security 4/9 therefor, opinion re,. 4/30 File of,to be kept by, members, regularly Loans on land subject to lien for furnishing water, opinion of counsel re, 6/26 Notes and drafts secured by U.S.bonds as collateral to protect F.R.Notes, 5/31 opinion re, adopted. Real estate bonds, classification of, 5/10 opinion re. 6/15 Section 5200, opinion re, Stockholders of national bunks 8: trust 2/5 companies, certain powers of, Owen, Robert: Conference of, with Gov. Harding re amend1/2 ments, reported. Paducah, Ky., warrants of, approved for purchase by F.R.Bank of St. Louis. 567 597 61 489 611 629 466 123 670 373 466 670 577 492 629 123 8 1/12 39 Page, Senator: Amendment re carrying of balances by State oanks with F.R.Banks,position of,re, 4/18 404 XCVI Paper: Eligible paper, power of Board to define, opinion of Counsel ro, tabled. 6/26 Waterworks company, letter of Mr. Warburg to F.R.Agent Martin re 90 day ptzper of, 6/12 613 Par lists: Disposing of, as waste paper, question re, 1/11 38 Paul, H.A. of Mid-Continent Insurance Co., Fleming, F. W., activities of, letter re, from, 2/7 Peabody, G. F., Present at conf. between Board .A.nd Com t. from trio oanic. 1/10 Peroples Bunk, St. Paul, Minn., admission of, to FRS. 4/3 4/9 Peoples Savings d Trust Co., Clinton, Ia., Application for membership, Approved. 1/4 Resolution of board of, re,transmitted 1/15 Approved an4 bank ordered admitted. 1/18 Press statement re, 1/18 Perrin, John, Request of, to go to Atlanta and,Phila, to meet Lord Cunliffe at expense of Board. Peters, Andrew J., Appointment of, as director at F.R.Bk. of Boston, Report of Com it. on Operation re, tabled. Vote in favor of; also designated Deputy F.R.Agent. 670 128 31 327 372 15 47 53 54 5/18 527 3/30 320 4/2 321 2/13 154 Philippine National Bank. See under Foreign accounts, szencies, etc. Pick, Samuel', Gold exports,protest of,against. XCVII Pittsburgh Chamber of Commerce, hequest of, for a speaker representing the Board. Poindexter, hon. Miles, Abraded gold, letter from, re acceptance of, by F.R.Banks. Charges for shipment of currency by member banks to F.h.Bk. of San Fran., correspondence with, re. F.R.Bank at Seattle, telegram're, to, W. Maxwell. from F.R.Bank at Spokane, letter from re, Redemption of light weight gold cbin at par, letter from, re; reply. Polk, Hon. Frank. Counsellor of State Dept., Run on Baltimore banks by pro-Germans, letter from, re plun re. 1/18 52 5/16 519 1/29 87 2/9 4/12 140 383 6/15 627 3/19 287 Pompeian Oil Co., Discussion re Spanish exchange; matter • ref. to Governor and Deputy Gov.; hearing at F.R.Bk. of N.Y. to be ar2/7 ranged if they desired. General letter from; Mr. Musher to be informed re conditions. 2/8 Hearing granted to, by Mr. Delano and Mr. 2/7 Hamlin, reported re; Letter from, addressed to the President, and transmitted through Treasury Dept.2/5 Letters from, to Treasury and War Departments re Gov't control of foreign ex6/7 change. 1/1i Spanish exchange, letter from re,. 2/1. 2/2 2/7 2/9 3/30 5/10 Popularizing F. R. System, press conference for, 4/16 suggested by Mr. Vellborn. Post-1 deposits. See Deposits. 127 134 127 120 589 37 98 114 127 140 318 489 400 XCVIII Power of attorney, Shipment of F.R.notes under, letters of F.R.Agents re, 1/22 63 Press conference for popularizi% F.R.System, suggestion of kr. Wellborn re, 4/16 400 Press statements: Amendments: Advisory Council's memo. to, to be issued as. 1A9. Statement re, to be released Jan.14. 1/12 Branch at Baltimore, statement re, authorized. Certificates of.indebtedness, statement re, authorized by Secretary of 4/20 Treasury. Conference of Governors' resolution re information giv.en to press re delib4A erations of its conference. Entrance into FRS of State banks U. trust cos., People's Trust & Savings bank, Clinton, Ia. and Bank of gontclair, announcement to be made. 1/18 Foreign loans, statement re, released. 3/8 Liberty Loan, banks' subscription to, , Comptroller's statement re, "Discussion re, 6/13 F,R.Agents letters re, 6/15 Telecram from Board to F.R.Bke.re, 6/13 Saunders, th.L., statement re election of as Class C. director, F.R.Bk. of. N.Y., 2/12 authorized. U.S.Bonde: Purchase of, by F.R.Banks, in 1917, letter to F.R.Banks re, to be made public at discretion of Gov. 1/8 Pringle, E.M., letter from, re F.R.Banks acting as cuetodians of security protecting. deposits of member banks,and opinion of counsel re. 4/16 Profit and ioss statements: F.R.Bk. of N.Y.,questi.on whether statements of,be made on same basis as other bkei1/23 vote re. 87 40 548 437 355 54 257 619623 624 631 144 28-9 401 70 XCIX Profit and loss statements: Treatment of unoc.xned interest ih profit statement of bunk, Letter of F.R.Acent re, StAtemeet of Comptroller re, 2/1 2/1 99 103 Public Beildino Commissien', letter from Cui. V.W.harts on behalf of, re quarters for F.R.Board. . 6/11 607 Peolic funds, deposits of, in member banks, e.nd release of reserve a t;ainot them, epinion 5/10 of counsel re. 469 Peuiicity: Amenument.:, publicity re, discussed; letter from Jay re. F.h.ALents' work re, letter from Perrin re Acv e correspondence ref. to Exec. Com't. F.E.Notes, protest sent to Jr. Swinney against publicity re preparutions for issue of, in emer6ency. Statement by Mr. Wilier re publicity relations of F.P..Bankn. Puelicher, J.D., letter of, re questions addressed to state banks by A.B.A. 1/11 3/1C, 36 LE;9 3/23 301 2/19 194 3/27 300 3/7 247 Puelicher, J.E., Resolution passed by State Bank Section, A.b.A., re state bunks and Y.R.System, 5/12 forwarded by, Teleir4m from, approving of errrAiments and statinL that the Uarsll & Ilsley Bank 4/19 would apply for .edmission. Quarters, F.R.Bourd, Comme,rcial NutionAl 52i,ni•„ space in, of2/13 fered to BoLact by A.C.Clapham. Discussion re; mutter ref. to com't. cf the (,overnor and Comptroller; meet5/29 ings to be held in Governor's room. 6/26 Discussien re; report cf rXi1meth re. Extensien of quarters in Treas.denied; Latter ref.to Special Com't.on Permant 2/23 Quartere. 509 431 153 571 659 212 Quarters, F. R. Board: Harts, Col. W.V., letter from,re. Hogoonliros., letter from, re policy re expenditures for, Room 179, Letter from Mr. Allen re use of, Vilmeth, Chief Clerk, letter from re; mutter. placon on docket. F.R.Agent. Ramsey, Salz-Ary of, recommend4tion of directors of F.R.Bark of Dallas for increase in, Sulary of, letter of Thomas B.Love re,. Vacation of, letter from, re Real Estate: Loans on, letter from R.E.L.Johnson re, Mortgage paper eligible for, rediscount, inquiry from Mr. Perrin re, Mortgages approved by Board, question re advertising of, by American,N.B. of Richmond. 6/11 607 4/27 3/12 461 265 2/26 221 2/13 2/26 6/28 151 221 686 3/IL 267 4/30 466 3/9 261 Real estate bonds; Cl&ssification of, opinion of Counsel re, and memo. of Comptroller's office re, 5/10 492 Record; Election of, to Advisory Council announced .1/15 48 Red Cross: F.ii.Lank of L;nicago's inquiry re eubscribpro . rata share to ing 6/16 633 Rediscounting. See also under Liberty Loan. F.R.Bank of Sun Francisco: Plan of, for mangement of rediscounts arising out of paper payable in other districts, report of Com I t. on Investments re, approved. 4/13 390 6/20 6/11 6/15 644 605 625 6/11 605 Interbank rediscounting .betveen F.R.Eks., Fancher, Gov., letter from,re, F.R.Sk. of Chicago to be consulted re Letters re, Letters from F T R.Banks re plan for; views of other F.R.Bunke to be eecured.by telegraph. i%ediscountinE: interbank rediscounting oetween F.R.Banks: Vol;e, making rate 31i letter of 14r. Warburg re, Liberty Loan payments, Vice Governer to prepare letter re rediscount operatiens bet.leen F.R.B:..nks re, Loans rediscountable, letter from Central National Bank of Phila. re restrictiens on, Merooer bunks' notes, question of Mr. PLLmsey re rectiseountini2 of, when data did not show whether total line of maker was excessive or not. Necessity of granting of, in advance of withdrawals of money resulting from purchase of bonds, urged by Jacob H. Schiff. Non-member banks' notes presented through meLber.banks, inquiry re rate of rediscount for, Paper grov.ini„ out, of rediscounts betueen F.h.Eiinks, letter from F.E.Agents Ramsey and SiAvijor re, Real estate mort6a6e, paper secured bi, inquiry fr.= 1.ir. Perrin re of, 5A9 573 5A5 561 5/16 521 3/7 248 5/1:i 495 6/c.1 59E 6/7 539 4/30 466 Pedistrictin6: Connecticut banks' transfer to N.Y.Distvict, HearinE re, conversation with Senator McLean re, reported by Mr.rarburg 1/11 Wisconsin banks: First N.b., of Rib Luke, Wisc.,letter 3/7 from re, in, to a bank of Medford, Tis.,dosire be transferred to Chicago Dis1/24trict, presented.. N.B., District, to Chicazo Meoford of, 2,43 letter of :dr. hich re; reply. Jirectors cf,re cancelResolutions of lation of ole end issue of neu stock, Secretary to approve. 1/8 Taylor County, transfer of,to Chicago District,correspcndence re; no ac3/16 tion contempl&ted. 35 246 72 215 26 285 C11 Registrution Board of D.C., letter from, re registration of Board's stuff. 5/29 Regulations. See 566 Circulars and reLulatione. Reports. See also Discount rutes.Weekly Statement. Business conditions, memo. of Mr. Warburg re shortening F.R.Agents' reports re, 6/26 Cnanos in member punks' reports and in reports to Comptroller, suggested by D.C.Wills. 4/16 Condition: Daily report of chief items, to be requested by Governor from F.R.Bks.6/15 Daily reports, F.E.Bank of Uinn., letter from, re preparation of figures involving lute hours; 6/18 reply. Form of statement of, report of Mr. Warburg re; letter to F.R.Bunks 6/20 re, Condition, (National Banks) Ur. Warburg's letter to Governor re, as issued by Comptroller. 2122 Condition (Sti..te memoer Dunks) Dates for shipments of, inquiry from Gov. McDougal re, 6/26 F.R.Bank of Atlant...: Leport of Gov. cCord re, 1/18 F.R.Bank of Minneapolis, daily telegraphic report from, suggested by Mr. Rich, 3/19 F.i-Banks, .eekiy, Form of statement for, discussed; letter prepared by Vice-Governor 6/20 sent to agents. computForm of etiAtethent for, vote re ing of national bunk notes and 6A0 unfit F.R.Notes. Internal audit of F.R.Banks, monthly reports re report of Com't. on Audit 5/28 4- Exam. re form for approval. Member bunks' Changes in, suggested by D.C.Wills, /16 Disapproved. 671 400 625 637 642 62 664 54 292 646 649 563 400 CIII Reports: Member banks' Conference of Governors .report re; talk with r. jacobson re; reports to be sent direct to Mr. 4/6 Jucobson. Conference of Governors, voted us 4/2 subject for, Memo. re, by Mr. Broderick, circulated. 2/1 Memo. re, presented and ref. to Exec. 1/25 Com s t. Proposed form for, letter of Comp2/26 tr.oller re, Fmserve statement for, consideration re, oy Governors' ConfcIence 4/5 asked by (Joy. harding. Reserve of member banks, circular re reporting of, proposed by Comptroller; 4/16 Bozad adverse. Volume of transactions of bunks in F.E. cities, memo. of :Ax'. Delano Le adoption of uniform system re reporting of,6A6 Reprint of synopsis of amendments authorized. Reserve cities. See cities. 6126 356 324 98 75 218 353 400 674 673 Central reserve & reserve Reserves: See easo under Deposita. 1/4 16 Amendment re, considered. Collection system, reserves carried under, 3/12 266 letter of Gov. Seay re, Country clunks' oulances held in reserve cities, inquiry of Mr. Glass re Board's view re proposal to cut the balance as 1/2682 required by amendments; reply. _ Deficient reserves, penalty for Byr4omvil1e N.B., Byromville, Ca.,letter of Governor to E.R.Bk. of Atlantu suggesting that use .of 113 penalty be enforced. 2/2 in Memo. cf Mr. Broderick re chialge 5/22 546 regulations re, . 624 15 / 6 be on,to drafted. tax re Regulation CIV Reserves: Gold behind deposits and notes, resolution re advice to F.R.Banks re keeping of, upon a suostantially equal basis; statement of Mr. Uiller, recorded in negative 6/21 Gold held abroad, counting of, as reserve, Approval of board re expressed to Gov. Strong. • 6/9 Discussion to, in connection with paying off of British credit of C50,000,000. 6/6 Letter frcm Gov. Strong re; discussion; Vr. Warburg to draft reply. 6/7 Reply of Mr. Warburg to letter of Gov. Strong re, drafted and discussed.6/7 rold, Gov., telegram from re, 6/20 Gold in transit to F.R.Bk. of N./., question re counting of, as reserve. 6A9 Member canks' reports, use of, in reserve statement, suggested to Conference of 4/5 Governors for consideration. Member banks, reserve position of, Advisory Councii's report re, 2/19 Notes ancx deposits, reserves .;.gainst, Made special order for meeting June 21st. 6/20 Requirements, new, Aiken, Gov., letter from, re application of. 6/26 turburg, Paul M., draft of letter to F.R.Banks by, re, approved. 6/21 State bunks, establishment of adequate reserve by, telegram of J.Z.Miller re, 4/9 Transfer of, Drafts on F.R.Banks, immediate availability of, in connection with final transfer of reserves, report of Coet of Governors re, 1/23 Letter to F.R.Banks to, euomitted by Mr. Warburg, approved. 6/ 21 Postponerzent of date of, teleqram from Philadelphia Clearing house, ,re, 6/20 Recommendations re bagreeo to by Exec. Com't.to be drafted for approval of Bourd,& transmission to F.R.Bks. 6/19 651 594 586 592 593 647 688 353 188 648 663 653 371 64-6 653 646 641 CV Reserves: Trust companies', deposit of, in reserve 4/12 banks, letter of Mr. Jay re, U.S.bonds, suggestion of First N.E.,Renovo, 1214.0:8 cLrrying reserve partly in, 4/12 1/2 Vault reserves, Amendment re, revised. Revolving credits (foreign) Advisory Council's remarks re, 382 382. 9 4/17 415 1/8 4/13 6/21 4/11 21 388 654 376 1/24 74 2/23 212 3/12 265 Rochelle State Bank, Rochelle, Texas, letter re hardships to State banks from clearing 3/21 system. 294 Romeo Savings Bank, Romeo, Mich. Entrance into F.H.System, inquiry from,re 166 Pib Luke, Wis. See First N.B. of F.R.Agent at Minn. Rich, Acceptance of appointment as, Aont. Letter from, to J.V.Farwell, circu.atea. Removal of, requested by N.D.farmere. Services in event of war, offered by. Ri668 1‘...; Washington, D. C., Application of Sylvester Lu.trot to retain directorship in, reported on; GuaranteeinE. of checks, letter of Comptroller to, re; decisioh by board. Riggs National Bank, Vashin6ton, D. C., Transfer to, discussed, re question of transfers by F.R.BaLks for member bunks through Gold Settlement Fund. Roswell, N. M. 2/14 See. Citizens N.B. Rotary Clubs: ' Resolutions of, forwarded by Er. Wellborn. 6/20 Resolutions of, recommending banks to 6/28 join FRS. Roumanian government, communication from, trans5/29 mitted by Secretary of State. 647 683 566 CV' Rue, Vice President of Advieory Council, Letter from, and rsply of Covernor to, 4/16 443 Run on banks in Baltimore by Pro-Germans, letter from Counsellor Polk of State Dept. re plan re, 3/19 287 Safety of funds in F.R.Banks, letter of Mr. Jay re; conference with Se'y McAdoo re to be held. 4/2 322 St. Joseph's Valley Bank, Elkhart, Ind., represepte.tive of, to be in Wushington, telegram Of Mr. Heath re, 6/9 598 S'. Louis Union Bank of St; Louis: Application .of, for membership,approved. 4/9 4/13 373 388 4/16 401 2/23 211 • 4/27 460 Saunde, W. L., - Appointment of, a Class C, director, F.R. Bk. of N.Y., Report rucommendir, bdopted. •2/1 Iravelin6 in South, not to be reached 2/8 2/10 Press statement re, authorized. 106 135 144 tus of, as member of -System, letter from F. R. Agent Martin re. Salaries. See under Staff, F.h.Agents, Examiners. San Antonio: Warvants of City of, to be taicen by F.R. Bk. of Dallas. Sbundere, P.H. Director (Class • C) at New Orleans Branch. Revignation of, accepted. Savi41t,,a banks. See also under Liberty Loan. " " Taxation, Incom Tax. Loans to, by F.R.Banke, amendment re recommended by Gov. Strong. 5/10 490 cv )nAc:. Savin i4ase. Situation re, affected by tux exemption of U.S.bends, letter from Gov. 4/16 Aiken re, Withdrawale from, recently made in N.Y., 2/8 Letter froli .14y- re, Sawyer, Gov. at F.R.Bk. of K.C. Salary of, letter from re, Examiner. Schechter, Wm. J., Transfer of, from 9th to 7th District. 60 2/13 2/14 152 165 495 1/2 Scott Paper Co., letter from, and report of Mr. 1/29 Warburc re, ref. to Governor. Seattle, 3 86 See Failure of State Dunks in Secret Service: Forgery loss to F.R.Bk. of Phila., case turned over to. Secretary of State: Communications transmitted by, Confidential communicatiens from, Roumanian Government, communication from, transmitted by, 2/16 172 5/25 5/3 559 478 5/29 566 Section 5200: Acceptance, trade, as affected by, letter re 6/9 interpretatoward examiners Attitude of tion of, letter of cashier of F.R.Bk. 5/14 of Atlanta, re 6/15 re, Counsel of Opinion Security protectin6 uepusits of memUar bks,F.h. bko.as custodians of,letter of E.M.Pringle 4/16 re. 136 1/22 Schiff, Jacob H., Rediscounts in connection with Liberty Loan euuscriitions, views of,re, Schwab, Charles M. Authorized to act as director in two N. Y. institutions. 401 597 516 629 401 Sensenich, E.h., teleErL.m from, re firtIncita jnfor1L'ation. 4/19 She, Joan V., onpensution to, for bindin6, voted. 1/8 26 Shedd, John G., Clayton Act ,..p c . eul of, 1/5 17 Shirley, hon. Swager, Louisviiie °ranch, letter from, re 5/10 4E7 Silver: Supri;; of, letter from F.R.Bk. of Dallt.s re ootuining. 3/7 248 1/2 4 1/8 23 Silver certificates: F.L.Notess substitute for anon worn, letter of WoId re, Unfit, letter from Ass i t,Sec'y. Millburn re, and ocizaenting on propotals of C.v. Told. Simmons Ftintwi,re Co., letter floc., urEinL. no eoiLpromise re check collections. 5/10 488 Sioux Cit.), I. See E4nker:-, Trust Co. of Colicitor Cener,-1. See Fiudciu.l.powers, Supreme Court case. Stockholders in nationui U.inko ;iLnd trust comparie,,opinion of, re eertuin powers (A', to be aostrdcted. 2/5 124 Southern Wholosi;.le Grocers Assin., Invitation to addresa,ocepted by Gov. hurdinE. .2/26 221 Speculution in food products, Com1,..int from Mr. C. P. Breese re, 5/16 519 Spokane Branch: Or6anizt..tion of, number of directors, discussed; teleertar to Mr- Perrin re, 6/19 4/20 Svoi—ne C.L.Aos!n, tolet,riAm from, re, 63(.1 436 CVIII Spekane Clearing House Ass'n, telq.ram from, re, . brk.o%ch Y.R.Bank at Spokane. 4/20 Spoor, J.A., Clayton Act appeal of, (Action re, postponed.. Staff. See also re .1 1/5 17 Examiners, F.R.Agents. Staff of F.R.L-nks: Deputy i.E.kents: Salaries of, report re, to be msotde by Com i t. on Stuff. 1/9 Draft plitr, letter of Judge Advocate Cenerul Crowder re application of, to; form letter re, to be sent to banks. r Enisted men, salaries for, Letters of Agents Austin and id.ch re, 4/9 Propos,d re presented by Mr. relc.re; ref. to StA..ff Com s t. 4/30 Exemption of employees: 5/10 Letter froL, Gov. Rhot..ds re, TeleLrums from Goys. Wold tAnd Miller 5,41 in ft.vor of. F.R.Biia of Atlurtu: Eonuses to lower sulariea errices, 5/31 lfttet from Mr. Wellborn re, Gov. keCord, salary inclease for, discussed; letter from Mr. l/lb Kettik; . re, Report of Staff Cow it. re canes in 5/25 lower salaries t-t, Report of Com st. on Staff re salaries of Mr.earmicnael & Mr.Chileress. 6/21 heso.,ution of directors of, re slur increase at. 5/24 Salaries at, report cf Com't. on staff re, adopted, including suitiry for Coy. cCor. /45 V.elioorn, U.B., salury increase for 4/27 approved by directors. F.R.Bank of Boston: Sulaxies of Messrs. Aiken and Curtiss. Informal report cf Mr. Delano re,5 28 43E 21 515 370 469 491 494 574 45 559 654 554 76 460 564 . CIX Stuff of F.R.Banks: F.R.Bnl< of Boston: Salaries of :4e8srs. Aiken and Curtiss. No decision reached by Staff Com i t. re, 559 I.eeolutions of Board of directors ro, bib Vote upon; salaries increased. 5/29 •571-2 Salary increses for,approved. 1/22 60 1.h.blan4 of Chicago: Deputy F.R.ALent McLallen, saltAry of, increased; report of Com i t. on Stuff disposed of. 1/12 39 Deputy F.E.4eht r1cLa.Lion, report cf Com't. on Staff fixing salary of 6/26 C66 Salary increases at, report of Cost. re, tuoled. 1/25 75 1/26 Abfwe report adopted. 61 'i.1.4.:ank of Cleveltknd: inczeuses for, approved. 1/22 60 F.E.Dank of Dullas: Enlistments, eff..;.,:t of, on staff, 4/30 toletyam from Mr. Ramsey re, 468 hamsey, incre,se in salary of, recommerdation of directors for. 2/1:5 151 Ramsey, salary of, letter from re, 1/22 57 Ramsey, salary of, letter of Thos.B. Love re, 2/26 221 F.h.Ban4 of Yansus Cit Assistant to k,ent, salary increuse suested for, on his withdrawal from non-member banks. 4/16 402 Cross, J. L., trunsfer of, to, from 1/15 46 Coy. Sawyer, letter of, ro his salary 1/22 60 Salary increase ut, ref. to Comit. on 1/15 Stuff and on Operation. 45 Salaries ut, report of Staff Com't. re, taoled. 1/'‘,5 76 Aetve report adopted,with letter re Loard'e view of situation there. 1/26 82 Thumison (Ass i t. F.R.A6ent) salary 5A of, increased. 471 CX Stuff of F. R. Bunks: F.R.Bank of Minneapolis: Assist-nt to Agent, Mosher, C.R. Nomination as, Salary of, approved. Salary increase at, report of Cam't. on Staff recommendation. F.R.Bunk of New York: Counsel and Secretary, J.F.Cartis, salary increase for, voted; on report of Com it. on Staff. Report cf Com't. on Staff approving chanes in salaries ,spproved. Salaries at, for 1917, ietter,from,re Transit Dept.,women employees of, report of Staff Com i t. re salaries of, F.P.Bank of Philadelphia:. Enlisted men, salries of, Letter fro Mr. Austin re, 1/8 1/11 21 38 1/24 72 1/12 40 6/20 1/4 645 14 6/26 667 3/28 4/2 4/5 313 322 367 Letter from, re, ref.' to Gov4/4 ernors' Conference. Officers,of, letter Austin re 1/8 appointment of, 2/14 Payroll of, as of Feb.7,upproved. 1/31 Salaries for, approved. F.R.Bank of Richmond: 1/22 Salary increases for, approved. F.R.Bank of St. Louis: AssisttAnt to Agent, W.H.Glasgow, to have charge of credit files of, 1/13 Credit Dept. manager, T.C.Tupper, res4/4 ignation of. Rubey, H.M., appointment of, in; let3/2 ter of E.F.Coltra re, . F.R.Bank of Stri Francisco: Salaries'at, for 1917, report of C m't. 1/23 on Staff re, approved: Tucker, Elmer H., appointment of, in 5/14 F.R.Agent's department. .hev. Orleans Branch: Manager of, Mr. Edward recommended as, 5/10 by Mr. Zuntz. 331 22 165 95 60 43 330 233 71 515 487 C XI Stif of F. R. Banks: New Orleans Branch: Salarie.s at, lette r of Wellborn re, 1/1:1 48 S:daries of, refort re, to be made by Com't. on Staff. 1/6 21 Salaries. of, report of Com't. cn Staff re, discussed.. 1/12 39-40 Stuff of F.R.Board. See also Division of Issue. Charwomen, report of Com't. on Staff re employment of, 3/12 Counsel's office: Law .clerk for, authorized. 4/27 Law clerk for, appointment of Walter Wyatt approved. 5/14 Law clerk for, memo. from Counsel re, 5/11 To law clerks, memo. of Counsel re employment of., 4/9 Division of Audit and Examination: Transfer to, 'of R.M.Cidney from office of Mr. killer, approved. Division of Statistics: Bizzell, J.E.„ appointment of,approved2/16 Mrs. Marvin, transfer ox, to office of Mr. Hamlin approved. 6/26 Zurich, David W., employment, of, extended. .1./2•1 DrauEhtsman, employment of Paul Bauscn as, 4/19 Executive order authorizing :removal of unj. employees whose presence might be inimical to interests of. U.S. in Imo4/11 tiae.. Federul Employees Union, letter from, re increase in p4y, for. 5/29 Report of Mr. Delano re above letter. 1,-/a.4. Files: 4/30 Jemison, V. V., salary of, fixed. Kawiin's Office: Moran, 1241.11 C., resignation of, approvea. 6/9 Mr. Harding's office: Margaret Lahin6, appointed stanographer in. 2/14 Liberty Loan subscriptions by., Question of facilitating, r&f. to Staff Com't. 5/29 272 463 515 500 371 175 667 72 433 375 567 57E 468 597 164 567 CXII 2taff of F. R. Board: Liberty Lon subscriptions by, Report o Lr. Delikno re; draft of let5/31 ter to employees re, 1/6 List of eligibles, vote to re-est-biish. Messengers: Compliant re, from Counsel, -11‘1 re3/9 quest for speciul aessenaer. Military druft syster.., relution of staff 5/2 to, ref. to Staff Com't. Yiller's Office: Appointment of h.C..Brock -s Seoretc-ry 1A5 in. Reoistration of, letter frtm FeListrution 5/2 Board of D. C. re, hoport of CoL't. on frtaff re salary inBroderick :;.nd &r. creaseu Jitcobson). 1/31 Suletries of, increuse in, letter from 5/29 Federal Elriplo;eer, Union re, Report of Mr. Leiuno re above letter. 5/31 Saluries of,,repor,. of Com it. on Stuff recommending certain increases i, p6/28 proved. Secretary's Office: Balddin, Roor t., report of Staff Com't. re appointment of,approvea 2/9 J.S., as stenogrupher in, report 1/4 of Con't. on Stuff re,approvec. ;taff Com't. . Yor-r., P.C., report of ( 2/1 re stac,ry. Statistic-1 Division: Chief of, solar, of, matter of reconsideration of, to be culled to 1/6 attention of Com't. on Stuff. Gru;son, Frank V., release of, asked by F.R.Bank of Clevelurdiupproved. 5A5 Grayson, \F.V., resi6nation Of, ac5/2w cepted. Mr. ,rturE,'s Office: Tutors, Lucy, qtion of extending 4/30 leave of absence of, Stump Tux. See Taxation, Checks. 576 25 261 566 76 566 65 567 578 681 143 15 107 26 558 568 46 471 CXIII Starek, Charles: Inforual report of Com't. on Operation re statements of; Comptroller's position re. 1/4.6 83-5 Removal of, A$ Chief Nationa4. Bank Examiner, letter from Comptroller statiAc. 1/24 73 Report of Coet. on F.R.Bk. of N.Y. re statements made by, in letter to Comptroller. 1/25 77 Report of Com i t. on Operation re, received and 2/1 104-5 102 Resiplution of, tendered.. 2/1 Resignation te,e6ra:i of, to De acknowleoud 2/1 106 Status ana record of as Class C director, F.R.Bk. of N.Y., matter ref. . to Com't. on ;,;.I.Bank for report. 24 73 Successor to,' to oe cunsidared by Com't. on Oper4„tion. 1/29 92 Successor to, recommended, in report. 2/1 106 State Lanks ,,nd Trust Compuniee: Aluoama situation re, letter of k.B. Wellborn re, 1/15 Amendmenta to F.R.Act, inquiry of George E. Ai1en re intention of Board re sending copies of, to. 6/26 A.B.A.'s questionr, addressed to,'letter of J.D.ruu4icner re, 3/7 Blances with F.E.Banks: Pnendment re power of, to carry balances in F.E. inksand to clear chocks through them. 4/16 Amendment ra, Senator Page's position re, 4/18 Entrance into FRS, , advisory Council's vieves re, 2/19 Amendments re admission of small State ounks, Letter from Mr. N.U.Carponter of . Portland, Ore. 5/24 Recommendtion re, transmitted by Senator Owen. 5/25 Amendment re, letter re, fron National Bunk of Commerce, Detroit, and Lr. Alden Anderson. 4/30 47 663 247 398 404 199 554 558 467 CXIV State Banks and Trust CompAnies: Entrance into FRS, Americun Trust Co., letter of (Jov. Aiken of Boston re attitude of, toadrd. 1/15 47 Atascosa County St,Ie Lank;approved. 5/28 564 Bank of Colville, Tashirgton; ref. to F.E.Bk. of San Francisco. 5/10 487 Bunk of Montclair, Montclair, letter of jay re, recommendinc udmisnion of, 1/.0 53 Press statexent re, Vie 54 Application for shures in F.R. Bunk approved. C 144 Bili for adoption by Staoe Legislature authorizin6, sent to F.h. 23 Abent Curties and Gov. Rhoads. Cenvec.,1 bank & Trust Co., Atlanta, position of, re, stated, in _Let2/5 124 ter from, Chicubu bunks, status re L.pplications of, reported by F.R.A6.ent Heath..5/28 562 4/3 327 Cleveland Trust Co., Approved. Cleveli,nd Truut Co., Aocepta.nce oy, of entrance conditions. 4/9 372 Requirements of Board comrliei 4/i3 vith, o.;,‘ 369 Coffm,,n, Dodson & Co., letter of Lr. 5/10 4E(.3 Perrin. Coffyan, Dodson & Co., Chehalis, Wash., entrance o;, approved; authority given to Mr. Perrin tc.make an6/12 611-2 nouncement re, Commerce Trust Co. of Kansas City, b/19 Approved. 531 5/19 536 Form of telegram to,approveo. 4/13 Questioin of examination of, 394 4/16 397 Commonwealth Trust Co., Boston, ci 110 Application approved. Application of for sLock,z41.rovo 2/9 142 2/14 165 Lntrance of, completed. Dallas Trust a. Suvings Co.jletter and 4/30 467 telecram of :41-. Ramsey re, CXV State Banks and Trust Con,r,,,...nes: Entrance intc FoIrmers & ..lercnants Bank, Staunton, Vo..,entrance of, intlicateu. , 5/18 Farmers 8 Tradi,rf, 13....rY, Leon, Ia., Pplicion of, disapproved. 1/23 Above application withdrawn. 21 Farmers State Bank, Kasson, !jinn.; ApproveU. 4/9 4/13 Fitchourb Bank & Trust Co., Fitchburg, Mass., approved. 6/29 Georgia Savings Bank dc Trust Co., conditions of entrance of, rot grd.nted. 3/1S Geman Insurance Bank of Louisville, o/30 , approveu. German Savings Institution of St.Lcuis; 6/5 application of, presentea. 6/7 Above application approvea. Guaranty Trust Co., conversation cf :Jr. Warburg with representatives of,,re; letter to company 6/26 6/28 approved. Guardian Savin6s & Trust Co., Cleveland. Application of, approved. 6/26 hearing re, set for May 22, 5/18 6/27 Mees,Aze of D.C.Wills re, 6/2E Hettinger State Bank, fiettin6er,N.D.; 5/3 approved. Hulbert, L.D., letter.from, re must 6/9 advantageous time for joining. International Bank of St. Louis; approved. 5/29 International Trust Co. Boston; ap5/2C. proved. Iowa Loan i Trust Co., Des Moinee,la., Letter of F.H.Agent Heath re, 5/31 Iowa Loan & Trust Co., Opinion of Boord r. noo.i of holding reserve against its outstanding Uebentures. 6/12 526 69 203 373 389 687 ze.(_) 669 584 5'30 674 682 673 526 675 684 475 60i 570 570 576 612 CXVI impt...nies: State Banks and Trust Entrance into FRS: Jefferson Cumercial SavinEF Bark, Grqtna, Lx1., application of, 6/5 presented. 6/7 Above'application approveA. Ilsley Bank, Mars11 4/23 Lettar from re, Telegram from J.H.PUelicher re 4/13 future application of, Merc.l.ntlio Loan & Trust Co. of Chicao 6/22 application of, approveU. Letter of hon. Carter Claes re, 5/10 Question re acceptance of clears-. 5/25 j.ng house, OXAM. of, Lembership acceptance by, 6A7 Meyer, E.L., hu.tcninson, Kuns.;letter from, re conditions keeping 6/18 State iianks out, discussion with F.R.Bk. of Chico re prubaoility of a 4/12 number of admissions. Mississippi Vallei Trust, Co.;:.proved 5/3 Peop.,es LI-nk of St. ?aul, 4/3 • Approved. Accei,tance bi, of entrance conditions. PuJpie's Sa.vinge & Trust Co., Clinton, applic.cktion of, 1/4 Approveu. Resolution of directors of, re, 1/15 • received. Approved and bunk ordered admit1/16 teu. Plan for pe.ssing locality re applications discussed; letter fro ul ;Itr. 4/27 Ramsey ra., Resoiutlon rel, adopted by Exec. Comit. of State Bank SectiGn, A.B.A., 5/12 4.1so letter of P. T. Goebel. Re:Leo SavinZs Bank, Romeo, Mich., in2/1.4r, quiry from, re, 6/28 Rotary Clubs' resolutions re, 584 590 444 431 656 486 556 678 638 364 475 327 372 15 47 53 462 509511 166 683 CXVII () State ar.nks arid Trust Companies: Entrance into FRS:. St. ,Josept's Valley Bank, Elkhart, Ind., 6/7 590 p,pplic-tion of, . Above application pproved. 6/1::, 611 St. Jaseph's Bank, memo. of Chief Examiner re status of, 5/31 577 St. Louis 134nks' entrance, letter from Ur. 4/20 rtin re, 437 St. Louis Union Bank, St. Louis upproved. 373 4/9 3C8 4/13 Spokane bunks, desire of Boum re en•trance of, 595 Standard Nrust Co., Chicago. 5/31 578-9 Approved. Telegram from F.R.kpnt Heath re entranco of, 5/1..530 Statement of senertal information re. quired from applicant.' 5/1:.t.7 Revision of, approved. 571 Revision of, racommended by DIA.ision of Audit. 563 5/28 Taxation prov.ision to hasten, Amendment re, o be. prepared. 2/14 155 332 4/4 Amendment re, oxplained by Gov. • Harding to Conf. of Governors. 359340 Texas _State Bunking Dept., attitude of towurd, letter. from F.R.Bk. of 495 5/1-1 D.J.1uq re, Trust Companies: Governor to write to Trust Co. Section, A.B.A. re views of, 4/45 re memoerhip. 455 • Letter of F.R.Agent Curtiss tr,ns. . mitting correspondenc re taxation of stock of, in as -ffectine; ontrunce. 1/31 93 LfItter of Gov. Aiken'ro ontr,nct, of, ,nd putlininE; cert.,in uifficulties xe Clayton Act 1/22 61 Of N.Y., letter of lir. Jay ro membership of, 4/25 454 CXVII1 State Bunks at Trus't Entrance into FRS: Union Trust Co., Chico, question re ucceptance of c1earin.4 noL.zio. 5b6 of oertuin briks (iirsh-11 Iisley, Germ,n Amerioun Bunk of Milw4ukeo, etc.) to join under celt;.in conaitions, to be communicated to Con6ressional comste 4/20 Winchester Trost Co., Winchester, oApproveu. • 5/10 5/%1 Y014.owstone Valley 13ank & Test Co., K.C., proress ro;ort re'entrunce of, 51. 19 Exin,tions of, upon 6nit...n°(1 to FPS, Mono. of Yx. Broaerick re,4Approvea. 5/3 Gold reserves of, Hollywood bank of Los Ane4es, ietter from, rrl rnobdliz4tion of, 4/1;7 Reulutions re, for. of reprint of, approvti. 4/12 Vithdruvsuls of, lqrst N.B., DeKc.db, Texas, letter of Rumsey re, 19 First State Bank of Breond, Texas, k u.msey r, •Letter of , 1/8 3/19 Stute laws, comparativc Memo. of Counsel. re, 438 493 538 531 476 160 432 290 23 290 çi1..tior of, 4/9 371 at4te securities: Busis of :Loans at F.R.Bnks, let -to4. from Senator Fall re, as, rtf. to Counsel. 5/10 41435 St.4.tement: Form of, proposed by board 48 suggestion to merchants, manuft..cturers. 3/i6 284 Stook:. ApplictAtion for, .Approved. I/8 24 1/13 43 1/29 2/14 90 163 CX X Stock:. App1iction for, approved. 242 303 314 434 451 521 569 591 627 644 668 4/6 A/23 3/28 4/19 4/25 5/16 5/29 6/7 6/15 6/20 6/26 Applic4tion,for, 4pprov d e Bar* of Montclair, in F. Bank of 2/10 N.Y., t. First Nationui b nks of CarlYie ru .3/L7 Shelby, float. Hettinger,State Bank, hettihge h?D. 5/18 6/10 Mississippi ihuley Trust Co., 1/8 Applications for additional, 1/15 1/29 2/14 3/12 A03 4/25 5/11 5/16 5/29 6/7 6/20 144 308 527 486 24 48 91 156164 273 303 451-4 501-8 520 570 591 644 itional Application for Form for, presented, and ref. to Gov. 4/47 Form for, reconapsndea.by Ur. Broderict; ApproNTd. 5/3 . 1/8 Applications for surrender of 4./13 1/26 2/16 A/6 /23: 3/28 W19 4/25 V11 461 476 25 43 el 173 241 302 313 435 450 500, CXX Stock:. Application for surronuer o., Chan-6es in, approveu. Member bunks' holdings in F.R.Bnks, inquiry re minor discrepancies in, 4n1 3% lega1 stock re4direment, by Deputy Copt. Kans. Reductions of, approved. Citizens:N.B., Petty, Texas. Cowie rcial, National Bank, Eufaula, Alabama. _Conway N.B.., Conway, S.C. First N.B., Bennington, Okla. First N.B., New Brockton, &ILI. First N.B., Payette, Idaho. First N.B.., Wasnington, Kansas. Gainsvillo N.B., Gainsvills, Fla. Greensboro N.B., Greensboro, G. National Bank of Allen, Okla. National Bunk of Waterville, N.Y. P‘Ayette National Bank,Payette,Iaaho. People's N.B., Winstufl-Saiem, N.C. Wisconsin banks, reso.Lutions of airectors of, re cancellation'of old and issue of ne stock, Sec'y to approve. Stockholders. See under 5/16 5/29 6/7 6/26 5/10 521 569 591 667 4,J0 2/9 01 2/9* 141 93 140 6/15 1/11 2/28 3/19 5/16 2/23 4/4 626 37 227 288 522 215 329 182 379 487 465 224 2/19 4/ii 5/10 4/30 2/28 1/8 Nationau. Stokes, Ex-Governor E.C., Circ..lation privilege for Liberty Loan bonds, letterifrom, re 4/16 Strong, Uov. Benjam1.1. Foreign agents of F.R4Bank, statement re basis of such relationehip. - 2/13 Letter from, received by Mr. Warburg, circulated. 5/21 Memo. from, re counting of F.R.notes as reserve, relieving savings banks through accommodation based on securities; interest rates on deposits in State and' member bonke; publicity re bond issues; 26 398 154 539 CXXI loans on Govt. bonds by F.R.B4nks; coordln4tion of reserve districts. 5/11 TeleEram from, re returx. from Arizona for short time, if necessary; reply. 2/5 125 Co., Stroud, E.H. AcceptAnoe forms, zaemo. of Counsel in reply to. inquiry of, re, 2/21 205 496 Sub-treasuries. See ulso F.R.Notes, disposition of. F.R.Notes, Tret.sury to be requeste3 to distribute iuvilable supply of, to, E4/t) Functions to be taken over by F.R.Banks, Advisory Council's report re, 2/19 166 Summer et:nodule; Arrangement re, made. Resolution re closing on Saturdays. 608 636 6/11 6/18 Surety uonas: Assist.unt to Y..R.Agent, inquiry of %Ir. he4th re conditions of issue of bond to, 6/'26 F.R.Agepts und their ass1stant3, letter to F :R. .Agents re their views us to bonds for', 6/22 F.R.Ban of Kansas City;;Fleming, F.W., Deputy.J.R.Agent, bond of approved. 2/2 Letters of Seay and Hoopes re, 3/1 Fiscal Agent, question re premium of bon4 4/9 of, tabled. Fiscal agent, bond of renswecis 4/2 116 685 685 109 229 372 323 Surer of paper before maturity by r.R.Agents for ,loilection, Counsel to modify regula. 3/30 tions re, 319 Sutro Bros. of New York: Form of condition of, zipprovea. SttaLlent from, 390 378 14-.ik.4. Of iLaiKS, letter adley, Cshier from, re storin6 4nd tr,.tisiisson of currancy. .tion. See ulso Reserves, Deficient. 4/13 i/ii Tuxution:. Amendment re ta'xation provieioh to hasten entranue of State Bunks, Conference of Governors, ov. Harding's statement oefere, re, 4/4 lo be propareu oy Counsel, 2/i4 4/4 Checks, stamp tax on, Bourd'a position rcl, letter to Senator Simmons re; letter not sent. 6/15 Comptroller. of Currency, memo. from, • re, With letter of N..A.haile, 6/9 of Md. re, Davis, F.D., ,r)f Iowu, telegram from re 6/9 Falconer Co. of Baltimore;letter from, re,. 6/15 Fancher, Gov, letter from,opposing. 4/16 Opinion of board re, to be expressed to proper committees of Congress 6/13 Wheeler, B.A., opposition to, expressed by, 5/22 Checks of State banks, tax on, Advisory Council's discussion ru proposed umendment re, 4/17 Amendment re, Mr. Wurburg to Cd6CU33 witn Rep. huyes plan to secure ador,tion of, 4/.3 Heporz of Mr. V;arbur6 re insertion of provision for, in pending lation. 4/16 Dtp.SiLV,' in national ounks in Uaine, Dieeussion re; ar.'Curtiss to consider method of relief re, 2/5 Letter from Boui-d ie; acknowledged by Mr. Curtiss. 2/19 Fifteen day notes of memb r banks secured bY 6 . overriLier.t. bonue, exemption for, recommended by Gov. vieid. 5/2h Income tux on savings in national bunks in Laseacnusetta. Diseausion re; Mr. Curtiss to consider method of relief re, 2/5 Retroactive taxes, onion of ech member of Advisor' Council re, 4/le 339 155 332 630 597 597 626 402 6I6 543 411 391 402 121 182 534 121 425428 CXXIII Taxation: (of) Trust company stock in !lass., latter of F.R.Agent Curtiss trunsmitting correspondence re, as affecting entrance into FRSystem. 1/31 War tuxes, opinion ra, adopted by Aavisory (;ouncii. 4/18 417 Telephone connection with F.R.Bk. of Doctor:. Boston Bank authorized to incur expense of 470 Tennessee varrants. letter from F.R.Bk. of Louis re, 93 L. Tex,sSe b—nk Dept..,. State bankse entrance into FRS, cAttitwe of, towara. 4k.3 214 5/11 495 Thompson, F.K.ii6ent zA.t ILnsus City, salary of, incresed. Thompson, vs.b., irector of F.R.Bk*. of N.Y., letter of introauotion for, for use in Russia, to be written by CovernLr. 471 6/26 668-9 Thralls, Collection charges by member banks,letter re, Collection items, letter from, re char7e fcr, 2/9 141 47 128 Tilton, 14cLane, Charges at country bunks, letter from re, 1/22 61 Toledo. See Warrants', F.R.Bk. of Clevelund. To4.11, Director, F.R.Ek..of N.Y. ?resent conference of Board with com't. from the bunk. 1/10 • Transfer of (undo. See .4iso under Geld Settlement Funa. Cost Of transmitting funds .to the Treasurer, letter from M.B.Walibern ce, 3 Hebrew desiring to transmit money to Polish provinces, inquiry of Gov. FLncher re,5/2 31 268 50 CXXIV fransfor of fr.rds:. Loss of interest on, from Kansas City to N.Y., letter of American N.B., Nashville, Tenn; 2/1.; ilinneapolis district to Gemany, letter fro. Gov. %'iold re, 5/31 Subtreasury cities, letter of Wellborn re transfer of funds to uanks in, 3/19 Bank of Spain through Bank of France, letter from Mr. Warden re, 3/6 Belgian W-ter Comp,hy, trans4lission to Antwerp of dividends due stockholders of, 6/16 2reasury's attitude re extending privilege of,to F.R.Banks in F,uUtreasury cities, stated b John Burke. 2,46 Transfers, Telegraphic, ana Col.Lecting. 14R 575 289 2,42 633 169 See under Clearing Treasurai of the U.S. Bonds offered by member banks'for purchase by F.R.Lanks, letter from, re i resolution re, 0/4e Treasury, discussion re issuing and financing bona for support of, 6/13 615 treasuri hutto:. Bill for issue of, pending in Congress, letter of Irvinv Fisher re; position of Board re, 47 .1.9 Tremah, R.H. Acting Cov., F.E.Bk. of N.Y., rding, and telephone Letter of, to Gov. conversation by, reported on, re situation tl.t N.Y. Banks) 1/3 Trust Cos. See also State !Junks ard Trust Companies. ,.1eetin,; of representatives of, letter passed at, 4/12 Relation of, to FRSystem, letter from Con4.ercial Trust Co. of Philadelpnia re, 2/14 'iupper, Tie., man&ger of Credit Dept., F.E.Bk; of St. Louis, resignation of, 4/4 • 382 166 330 Uniform balance sheets, letter from h.L.Todd of Birmingham re, /30 Liberty Louns. U.S.Bonds. See also Allotment of, to Allotments adopted: 3/22 gelzo. rei matter ref. to Governor; allotment to be mud° on basis 3/21 of capital as of March 16. Report re, by Secretary of Board, 3/23 with plan for adjustment of, Bond house, circul.:..r of, questioning wisdom of investing in, forwarded by 5/25 Gov. Wells. Committee of F.R.Banks re, Rnoads; tele1/8 gram from, re wori of, Conversion of F.E.Bk. of Boston, conversion for, 3/21 upproved. F.R.Bk. of Chicgo, conversion for, 3/19 ' .pproved. F.R.Bk. of New York, conversion for, 3/21 approved. F.R.Bk. of St. Louis, conversion for, 3/27 upixoved. Letter from Ass i t Sec'y Newton to 4/9 Auditor to Treasury Dept. re, Powers re, inquiry fror:: Coy. Van Zandt re, 3/16 Convet.sion of 2s into 38 and notes, re3/9 quests for, approved. Conversion of 38 into higher rate bonds, if islued, questions re, from F.R. 4/4.3 B,nke. Conversion of 3%8 into 5/2 Fancher, Gov., letter from .re, Miller, J.Z., letter froill re, 4/30 4/27 Van Zandt, Coy., letter from re, Conversion of, into 1-year notes,.approveu 3/16 Depreciation in, letter of instruction re 5/29 to 1-4e sent to F.R.Bnks. Dividends to be paiu by banks nolding U.S. oonds quote4 beloN par, statement of Mr t Delc“lo re, . 6/27 • 319 299300 296 304 559 27 293 288 293 308 371 285 262 4 395 471 464 460 282 569 677 CXXVI U.S.Eonds: Interest on, as affected by savint, ,s bank situation in L..sa., letter of Gov. Aiken re, 4/12 382 IS3L4(; of,- memo. re, to.be ont to Sec'y 1.4cAaoo, 1/31 96 Auove memo. ref. oock to gourd. %/I 9e Issue of, by Treasury Dept. in near fuL4re, .1;0,4-a's attitude re, discussed 1/8 27 issue of currency ac .,inst 3% one-year bonds, Amendment withdr,wn. 1/22 57 Loons secured by, Jotter to ALents re powers of F.h.Banks re, 2/10 172 Nation1 bunks' purchase of, Vo1d, letter from ra, us underrulini:, of Compt. 1/31 94 Polley 451 Treasury towura. Discussion re, 101 Report of conference with Seely WcAdoo re, 2/1. 97 Purchase and conversion of 2s, ciccular letter to F.E.B(Anks re iumediute.policy of board re, 4/18 405 Purchases of, by F.P.B..:nks, during 1917. Letter re, authorized sent to.F.R. bonks. 1/8 28-9 Purcnose of, by F.L.B.,nks, policy re, . Letter from Gov. Seaj re, 1.4.t1ed pending receir.t of file of letters re, 4/23 443 Letter of Cov. Miller of K.C., re 1/29 88 Purchase of, by F.R.B:...nks, at cad of quarter endin June .J0, n17. Pesolution re (th...i.t no bonds be purch-sea.) 6/26 663 6/26 TreLsurer cf U.S., letter from,re 662 Tax exemption of, as affectinL savins better from conk situation in Gov. Aiken re, 4/16 401 Tret.,sury, discussion re issuing and financint, bonds for support of. 6/13 611 U.S.Netes, conversion of, jnto 30-year bonds, cunversotion of Coy. harding witn See'y :v,CAUGO re, 1/22 56 Conversion of,into 3)-year bonds,conversatier, of Ccv.Eoraint., Sec.Yei.c‘oo re,1/22 reported on. 56 Issue of short-term notes to poet Treasury requirements, statep,ent of Secretary UcAdoo re - probability of, One-yeur notes, held by F.R.Banks, letters seny by Secretary McAdoo re renewal.of. One-year refunding ire6suri notes, Amend. pent re power of, to serve-as security behind currency issues, tipproved tentc.tively, , Redemption of one-year flutes: Discussicn re C'ecrptary McAdoo's letter re, Letter of Secretary McAdoo re, Suis cf quarter of million of, inquiry from Mr. Perrin re i;c4.1u's t,.pprovtil CI', 1/22 56 6/20 647 1/2 9 2/21 . 2/19 200 lEi 3/iL; 27 lit.ncouver Nationca Foreign securities, inquiry from re power to buy. i/ii 36 Vunderlip, Frank A., Invitation frcn, tc tend reception to Exec. Council of 3t4.7 30, Vault protection, F.R.Bank of Chicugo's desire to improve, oiscussed with Mr. Miller. 4/12 3F,4 2/4.3 208 for F.R.B. of Atlartu.and of Eichmond 5/11 498 Vaulte: F.R.Bank of Scan Fr4nclaeo, adequacy of, discussed. Report of Supervising Architect.re valuts Vice-Governor. See also, Deputy Governor. Vice-Lovernor, letter prep.red by, bet, F.E.Agents. Vincent, J.D., request of, for Baltimore ortinon. 6/20 648 5/25 559 Frointment in B.%nhers Aga i n: F)qense of Gov. in visiting,to be borne by 2/" Bo..rd 12(_' 'olume of transactions of banks in F.R. cities, :Lemo. of Yr. Delano re adoption of uniform system of roportinc. 6/26 Vouchers. 2ee 674 War Dept. Vouchers. Walker, Y.arcus, Farr Loan Bank, letter from, re roceivinE deposits from. Wallace,fl.E., Idubo. Dividend clk.A.m of, dgaiLst F.k. of Sun Fran., opinion of Counsel re, W. ish, Senc.tor, Montana le%islation re domestic brinch bunks, letter of W.L.Johnston re, forwarded by. 123 21 Tar Dept. vouchers. Comptroller's J.etter re, /4 Confer- nce with Secretary Baker re, reported by Mr. WarburEj, matter ref. to Counsel for conference uith Secretary . 3/1.9 :4cAdoo. Editorial criticism re; additional materic.1 for Bulletin to be 1;roviUed to, 4/2 205 321 27. (i; 321 Vur di1ficu.4.-4eL, speci a . l notice to F.E.Agents re, Warburg, Paui Directorship in 2 N.Y.oanks, q,emo. of, re 14 -tter from, to Sta.te Dept., sut,bestin thins, 4mon6 special board to deal 1.../ith gold exports. Reportz by, as ctint Governor. 294 2/23 207 6/16 3/21 637 296 Vt_rohouse receipts: Acceptances protected b, letter from F.R. 4/11 Bunk of Atl'anta.re, . Report by Mr. Hamlin re acceptLnce of, as collcateral, by F.R.B,L,,nksi Counsel to prepart, letter re, 4/13 Warehousint: Form of J.ease iorwarded by Mr. Wellborn, 6/1i opi:roved. 376 392 606 CXXIX Warrants: F.R.Bank of Atlanta: of warrants by, letter fro= the wank re conaition of, 2/26 F.R.Bank of Chic:. Purcaase of, by, approved. 1/11 tertown tocn notes, letter from, re Furchuse of; report of Mr. Warbun,: re; Governor to reply. 1/2 F.h.Lunk of Cleveland: Cincinnati warrants, purchase of, 2/23 approved. Cleveland Heights, $50,000 loan of, request from bank to purchftsc. C.LevelanU heights, purchase of rants of, zutherized. 3/0 Covincton, Ky., purchase of warrants of, approved,for, 1/1E Toledo warrants, payuent of, letter F,ncher re, 1/2 F.R.Bank of DL....11: Zan Antonio, request to t,ke ir warrants of City of, approved.2/23 F.R.Bank of St. Louis: rrants, holding !.iississit.pi Scale of, approveu. 1/3 K:„., request of bunk to purchase ..rrl.,nts of, approved. 1/12 Tennessee warrants, letter fror. Yartir. re, 2/23 ntranciseo: F.R.B„4nE of Mississippi Sc,,te nolaine of, approvea. 1/3 F.R.Bank of Seattle: Seattle, puraase of notes and 4144rr,Intt, of, letter frof:. Ur. Perrin, with opinion of his counsel re, 4/23 Investwentb in, board's watitude not, favor..eie to, at present, rep.. of (.;(iv. ElArding 1/2 to F.F.Bank of ChicaEo. Policy of F.R.banks re rchase of, F.xeu. Cou,"t. ao.thorii.e.; 1.o ednd letter to Banks re, 2/1c.) 165 Viasnin.6,ton's Birthday, offices to ue closed on, 2/7 128 21c.' 37 216 204 2.3(v 54 4 211 12 3S 214 12 i.42 5 Waters, Lucy: Leave of absence. 6ranted. 3/2... Leave of absece of, question of extending, Per. to Comit. on Staff. - 4/30 Report of Com't. in favor 5,4 F.O. AAvfyLr,. Cci,ncii, reelected to, 1/8 Weekly statement: Issue of, on Jan. 20, a holiday, agreed to,1/18 Ne.; form of , authorized. 1/6 Ne form of, report re, retluesteu from Cowit. on Reports tend Statistics. 6/19 F.R.Agent. Wellborn, W:B. Inspection trip to New Orleans bmnch, 2/14 2/19 Salary increase for, api,roved by directors 4/27 Wells, :tire. Rolle" death of, announced. 296 469 471 21 51 22 641 166 185 460 4/13 392 .5124 555 Wheat crop, financing of, Letter from J.M.Vitherow and C.F.Lowrie re 5/10 4fr(. a Testern Economic Society. Invitation to 1.4-. Miller to uaarees. Wheeler, H.A., of Chico, Case of Hale Holaen, re inter.ockin directorates, presented by. Tax on onh checks, clipusiticn to, expressed by, 5/22 542 5A2 543 Talliaras, John Skelton, Letter from, to R. V. Cole, rei. to Bulletin Com't. 5/28 563 Willis, H. Parker: Couse of lectures to be delivered by, at Colusbia University. 2/2 Wilson, F.W. of San Fr-nuisoo: Letter fron,to Mr. Miller; Laal Com't. to report re Duard es policy re State leziela3/27 ture hostile to foreicn banks. 113 309- CXXXI iieor, Lewis, of Fminer, appointment of, m-conmended by Comptroller. 16 174 Witharawals. See also under tte, ounks a Trust Compunies. Deposits withdrawn by Cormans, Letter from Ass i t Attorney Cener-,.1 Warren, enclosing letter from 4/23 Saginaw Burk. Letter frol:, i44*. Perrin re, /2:, 441 444 • V. , Ccv., remow..'1 of, requested by FLrters of M.D. 6/2.i. Director F.R.Bk. of N.Y. Dr,..fto on F.R.Banks to be guxie plyable in— ste,..d of receivz.ble at, 4 le.R.Enk, sugostion of, re, Pert at conf. between Board and comit from the b.,Ank. I/10 Wiatt, Walter, iLppointinent ci, York, Nebr. us i4W C 5 7, E. se,c First 12,tvia W., Appoinc.L. en. extendea. Livisiun of Statistics, /2q • 654 97 31 515
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