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t a fleeting of the 'Ixecutive Committee of the
?ederal Reserve Board held in the office of the Board on
Llonday, December 17, 1917, at 10.30 a.m.,
PR:SE:T:
'iarburg,

qamlin,

7.Tr. Deltino,
Present also, Y.r. (.3trauss.
14pplications for permission to export coin, cu.rency, and bullion, together with papers in connection
therewith, were presented and acted upon as follows:
memorandum from Lssistant Secretary dowe, tranbilittiwg summary of replies received from Jollectors of ,lustoms with reference to the sold taken from the country by
passengers on trains and members of train crews: ordered
circulated.
I, letter from Levi 'Cooke re rApees, read: Secretary
to reply.
letter from Counselor Polk of the State Department, relative to inkjuiry from American T:inister at La :Paz,
Bolivia, as to whether permission will be granted the Polivian government to export from the 7nited States about
'400,000 pounds sterling in ,;.old coin or bars.

deferred to

T,1r. Strauss for draft of reply in the negative.
2t. letter from Conley S: Litraic4it re alleged delay in
shipments, also re exportation of refined sweepings.

Secre-

tary to say ree::.portation of refined sweepings will be permitted.
602.

Canadian Bank of :Commerce, Can I?rancisco, to

Y.int Laster, Bombay, appro:dmately 1,100,000 ounces silver
approved.

bullion.

603.

J•

Barboar,galveston, Texas, to Compania

de 1:avegacion Interior, 7ampico, :ex.., S.
coin.

,11,000 gold

iipproved.
804.

Eational City Bank, rew York, to same Caracas,

,;.:00,000 gold coin.
605.

Declined.

B. :Jontes, New.Orleans, to :,:ariano de las Cuevas,

Progresso, Eex., ;.,60,000 gold coin.
606.
ship fleet.

Declined.

1.'150,000 gold coin to battleravy Department, :
Aeferred to 1.overnor vdth power.

11 a.m. the Committee adjourned.
IIITHuVLD:

-74.04m*X4;°•:"-(-4--tf;
_
Secretary.
Chairman.

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