Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, December 15, 1917, Volume 4, Part 2

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

p_t a meeting of the Executive Jommittce of the
?ederal deserve Board held in the office of the Board on
Saturday', December 15, 1917, at 10.15 a.m.,
PALSENT:
uarbarg,

r. Delano,
Jecretary.

Present also, f,:r. Strauss.
Applications for permission to export coin, currency and bullion, together with papers in connection therewith were presented and acted upon as follows:
A

letter from :Jarcus

ason

co., of ?raminq.ton,

:Jass., re certain checks payment of which U-ve been refused
under Trading with the Eneniy Act.

deferred to Bureau of

Enemy Trade.
,L letter from the ''ederal deserve Bank of ihiladelphia concernino: the refusal of the lollector of aistoms
that place to permit shipments of Janadian currency and
silver on licenses issued by the Federal deserve Bank of
Philadelphia.
A

ieferred to the Secretary for adjastnent.

letter from Federal deserve Bank of Uew York, re

arrangement made with Janadian bankers concerning export
of •g5,000,00O, advising of issuance of license to .janadian

Bank of Uommerce for export

,000,000.

letter from ,. M J. Martin re rapee exchange read,
and a copy ordered sent to Mr. Kent - the Secretary to telephone.
qreene iananea Jopper io., to Mexico, 4165,000

600.
;old coin.
,
:

Granted, only so far as relates to taxes.

601.

Farmers Loan (f„: Trast jo., Mew York, to Compania

Exportadora, Vera Jraz, 77,500 ;old coin.

3-ranted.

:Ir. Strauss presented the ...,uestion of discouraging
the taking of cold by

oldiers going abroad.

Discussed.

:Ir. Strauss presented a cable from Montevideo re exchange.
eleven ast-rt. the Jomvtittee ad,lo.zrned.
Lr7i0VLD:




Zecretarz,:6Ohairman.