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:12




At a special meeting of the federal Reserve
Board held in the office of the Board on Wednesday,
January 13 at 11.00 a. in.
PRESENT:
Mr. Hamlin, presiding,

Mr. Warburg

Er. Delano

Mr. Harding

:r. Williams

Er. Willis, Secretary.

By previous arrangement the morning session was
devoted to a hearing of the appeal from the .action of the
Reserve Bank Organization Committee in designating Cleveland as the Reserve bank city of District #4.

Attorneys

representing Cleveland and Pittsburgh appeared before the
Board to present their case.
After conclusion of the argument, at 1.00 p. in.,
the Board adjourned to meet at 3.00 p. in. this day.

J4'
APPROVED:

Chairman.

Secretary.