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25J At a rogular meeting of the Federal Reserve Board held in the office of the Board at 3:00 p. in., on Thursday, 3ctober 22, 1.914 PRESENT: Lir. Hamlin Hr. Warburg hr. Delano Hr. Harding hr. Williams lir. Hiller. The Governor presided, and Hr. I. P. Willis acted as secretary to the meeting., The Secrotary of the Board outlined a plan for the purchase of machines and equipment for Federal Reserve Banks which had been framed by tile Committee of Governors. On notion, he was authorized to cooperate with the Governors in the way they desired regarding the purchase of equipment and supplies. Aft.ar a general discussion of the question of heari:1,7 rrotests and appeals as to the establishment of Federal Reserve districts, the questions pending in this connection were referred to the Governor for investigation and report. Hr. Warburg presented the ouestion of employing a special assistant to aid in the organization of certain 251 of the new banks. The matter was laid on the table pend- ing consideration of the report on internal organization, and the latter was made the priviledged order of business for the next meeting of the Board. th. iarbu.rg presented to the Board certain questions relative to the readjustment of the compensation of Reserve Agents. On motion, the Board adjourned to meet at 10:30 a. m. on October 23, 1914. APPROVED: A hairman. •
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