Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, October 2, 1914, 2:30 PM, Volume 1

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184




At an adjourned r2,eeting of the Federal deserve
Board held in the office of the Board at 2:".50 p. m., 2riday, October 2, 1J14
P.133331IT:
r. 7illians

LicAdoo
Er. Hamlin

7/arburg

r. Delano

:Jr. Harding
I]±. Liner.

The Secretary of the Treasury presided and
H. P. Willis acted as secretary to the meeting.
Class "3" directors named for the Federal Reserve Bank of New York appeared in response to an invitation of the Board and there waJ a general discussion of
the organization of the federal

eserve Bank of Hew

Discussion of Jlass "3" directors for the Federal Reserve cities in which they nave not yet been selected
was resumed and 3d7ard T. Brown of Atlanta, Georgia, :las
elected vice chairman and Federal

eserve Agent of the 2ed-

eral :teserve Bank of Atlanta, Georgia.
The Chairman laid before the Board a letter fron
Hon. W. R. Smith, ::. 3., who is introducing an amend:::ent tO

Page

Mee

OCT 2.- .i91.4
_Jac'

the 2ederal Reserve Act, and it was referred to Mr.

At 5:00 p. m. the Board adjourned to meet at
10:30 a. m. Saturday, October 3, 1914.