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9243 At a meeting of the Federal eserve Board, held in the office of the Board at 10:15 A. M. Tuesday, September 12, 1916, PRESEET: Governor Harding, presiding, 'If Hamlin Mr. Miller, Mr. ,arburg, Mr. Mr. Allen, Secretary, Requests for the establishment of a rate for 15-day paper were received from t_e Federal Reserve Bans of Cleveland and Richmond and approved ab follo,s:Cleveland. (effective Sept. 15.) 11.) Richmencl. (effective 7 3-a, 470 Mr. Miller, for the Committee on Organization, Expenditures, and Staff, retorted orally that Counsel should, in the judonent of the Committee, have an additional stenographer, but asked time to determine whether this should be a now employee or a reassignment of one of the present employees of the Board. The report was approved, the Board voting to the LAn additioml stenog- Comitt ee power to employ rapher if found necessary. The Secretary was authorized to employ an additional messenger at .',;;2,00 per day during the illneos of one of the messenger force. On motion, a member of the Board was authorized to accept at the expense of t.;:le -loard an invitation to address the Anreric,in Accountants Society of Tow York on September 21st. At tnis point, Mr. Pierre Jag. :Ir. Broderick, Mr. Du.lany, :Ind Mr. Jacobson c,-Ine to thL: Board Room. The Board then took up the to rtIparts of t:e special co.nmittee on Clayton Act Api_ 1 icat ons ber 11th, dated 3eptenber 7th ect ively. ni Sep t The reports were read and. various applications were questioned by 1,:r. axns. On motion, duly seconded, these rel,orts were adopted with the exception of t tions questioned by ,Mr. appl ica.- 928 On motion, duly seconded, the appliscations questioned by Mr. Williams were passed with the understanding that they would be taken up at tie afternoon meeting. On motion, duly seconded, recess was taken at 11:15 a. m. until 2:30 p. m. • • Secretary APPROVED: Chair=
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