The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
c
June 30, 1956
Dear Mr. Treibert
¥ith the resignation of Mr. Allan Sproul from the Presidency
of the Federal Reserve Bank of Sew York, and his return to California,
has cose his decision that he can no longer carry on the active chairmanship of the Committee on the History of the Federal Reserve System.
Under those circumstances, and vith great regret at losing so
valuable a chairman, the Committee has decided to accept the offered hospitality of the Brookings Institution and to move its office and its
research activities to Washington. A new chairman has not yet been chosen,
but the vork will go forward there under the broad supervision of the
President of the Brookings Institution, Dr. Robert D. Calkins, who Is also
an active member of this Committee.
As my own home is in lev York City, this move necessarily marks)
the severance of my connection with the Committee in the capacity of Its
Research Director. I think you know hov much I have enjoyed this Inquiry
into the history of the System, and particularly that part which brought
me into contact with the Federal Reserve Bank of Hew York. It is good to
know that we can continue to look forward vith great Interest to the
result of future research to follov under the scholarly auspices of
Brookings.
For much courtesy shown to me here in the Bank I want to thank
you most warmly. You and the liason officer appointed here, with other
members of your staff, have been continuingly kind and cooperative. I am
sure that that cooperation will be extended to my successor at Brookings.
He should be grateful if you would continue to send correspondence and printed material to this Committee, but in care of the Brookings Institution, 722 Jackson Place, 8. ¥., Washington 6, D. C. Letters
should, until further notice, be addressed there to Dr. Robert Calkins la
person.
Very sincerely yours.
Mr. William F. frelber
First Vice President
Federal Reserve Bank
3 Idberty Street
ev York 45, Hew York
Mildred Adams
DILLISTIN, Cora
May 15, 1956
See letter to Mi&s DilMstin concerning certain files of Carl Snyder
filed under SNIDEft, CARL.
R
^ _
^ ^
THIRTY THREE LIBERTY STREET
EC EIVED
w
* • •"
^
NEW
Y O R K 4 5 . N.Y
MAY 21956
COMMITTEE ON THE HISTORY
FEDERAL RESERVE SYSTEM
^ '
Dear Miss Adams:
It was very kind of you to send me your
congratulations and good wishes on my Guggenheim award,
I appreciate your thoughtfulness very much.
I share your hope that my year's study abroad
may throw some new light on the working of the pre-1914gold standard and help to remove some current misconceptions in this field.
With many thanks again,
Sincerely yours,
Arthur I. Bloomfield
BLOOMFIELD, aA r t h u r
c
April 30, 1956
Pear Mr, Bloomfield:
Congratulations on your Guggenheim
fellowship, which I read ebout in the Times
this morning I X hope it will permit you to
make a detailed study of the pre-1914 gold
standard, and to tell those of us who used to
take it for granted how it really did worlu
If you really succeed in unravelling the
©echanisms of the monster, it should shed e
good deal of light on early phases of Federal
Reserve activity*
Also, X hope the process of study
will be fun.
Cordially yours.
Mildred Adams
Kr, Arthur Bioomfield
Research Division
Federal Reserve Batik
of Hew Xork
33 Liberty Street
Hew lork 45* »• X.
WOMEN'S ADVISORY COUNCIL
i* /.
/
January 31* 1956
Dear Hr« Be Votii
ikieiosed are our two check lists of furniture
in the department* We seem to have been listed for an
extra pedestal leap and typist* s chair which I cannot
find* Me do aave two pedestal lamps* but you have
listed three*
As for the bookcase* the right number of
pieees are listed* but I c«n*t seem to find where the
inventory numbers are on tae bookcase sections*
the four-drawer letter size file cabinet has
lost its number pl&te« Should it have & new one put
oaf
Everything except those mentioned or listed
been checked by me and is correct on your listing.
truly,
Irma Bur&teln
Mr. Howard De ?oti
Boom 821
33 Ubertar Street
Mew Tork 45* H. ! •
Enc*
Furniture and Equipment
L i s t e d ; Hot In Department
January 31# 1956
22431
FILE CARD 3 DR 4 x 6
H 4395
CiUIR TrFIST POSTURE GRAI
ST GBM UL
LAM? DESK B4&KAUT& v
Inaa Burstein
garniture and Equipment
Not Listed* In Department
22436
FILE CARD 8 DR U x 6 ST GRR VL
Inna Burstein
1
COOMBS, Charles A.
c
Juniexy 20, 1956
Dear Ear* Cfeombs*
ks BO much for sendlDg the
sd&&ogr&phed l i s t of profession*?! research
personnel i» the System as of Ja-wmry l&t*
I t comes at e perticul&rly opportune »oi&ent for us# and 1 ea \"ery grateful to you
for reaienberioc UB*
Sincerely
Mildred
Mr« Charles A # Coombs
Hanager, Eesearch
33 Liberty
lork 45t 8*
MADDEN, Carl
See correspondence J a n u a r y , 1956 f i l e d under CAnTADlAi>j
YJILiJS, Arthur
January 9, 1956
Mr, VilU*j
thanka so much for the l i s t of
Vice Presidents &nd Deputy Governors of
the Nev York Bank by mme, dates of service
and dates of officership. The deley did
not seriously disturb our sciiedul©8# and
%m are grateful
to you for getting us th©
information T4hich we n#«d for our records.
Sincerely yours*
Mildred
Mr* Arthur H«
33 liberty Street
U&v York 45, H. I
, Madeline
c
December 27$ 1955
Sear MjUa McWhinnefJ
Htss M&as has asked me to thenk you for
sending her the t i c k t t for the j o i n t luncheon of tbe
*,F.A. f.nd A.S,A» on D»c«iber 29th at "Which Mr#
Sproul v i l l speak•
Sincerely
tma Burstein
Assistant
Miss Ma##line McVhinn«?y,
Local Arrangenenta Coiamittee
Finance Associctioa
McWHINNEI, Madeline
AMERICAN FINANCE ASSOCIATION
PUBLISHERS
THE JOURNAL
OF FINANCE
BUSINESS ADDRESS
GRADUATE SCHOOL OF BUSINESS ADMINISTRATION
O
NEW YORK UNIVERSITY
9O TRINITY PLACE
NEW YORK 6. NEW YORK
Ec
RECTOR 2-S82O
PRESIDENT
NORRIS O.JOHNSON
NATIONAL, CITY BANK-NEW YORK
^C23 J955
VICE-PRESIDENT
December 22,
MILLER UPTON
BELOIT COLLEGE
SECRETARY-TREASURER
GEORGE E. HASSETT. JR.
NEW YORK UNIVERSITY
DIRECTORS . DIVISIONAL
BUSINESS FINANCE
WALTER E. HOADLEY. JR.
Miss Mildred Adams
Federal Reserve Bank of New York
ARMSTRONG CORK CO.
CONSUMER FINANCE
HOMER JONES
Dear Miss Adams:
FEDERAL RESERVE BOARD
In accordance -with your request, I am enclosing
INSURANCE
GEORGE T. CONKLIN
one ticket for the joint luncheon of the American Finance
GUARDIAN LIFE INSURANCE CO.
INTERNATIONAL FINANCE
and American Economic Associations on December 29 at which
CLAY J. ANDERSON
FEDERAL RESERVE BANK
PHILADELPHIA
INVESTMENTS
DAVID M. KENNEDY
CONTINENTAL ILLINOIS
Mr. Allan Sproul will speak.
The luncheon is to be held
in the main ballroom of the Commodore Hotel and vri.ll begin
NATIONAL BANK & TRUST CO.
MONEY AND BANKING
promptly at 12 noon.
LESTER V. CHANDLER
No table assignments are being made except in the
PRINCETON UNIVERSITY
PUBLIC FINANCE
C. LOWELL HARRISS
case of those reserving a complete table of ten.
COLUMBIA UNIVERSITY
Sincerely yours,
REAL ESTATE FINANCE
FRED
E.
CASE
Madeline McWhinney, Chairman
Local Arrangements Committee
UNIVERSITY OF CALIFORNIA
EDITOR
MARSHALL D. KETCHUM
UNIVERSITY OF CHICAGO
COMMITTEE CHAIRMEN
FINANCE COMMITTEE
PAUL W . MCCRACKEN
UNIVERSITY OF MICHIGAN
MEMBERSHIP COMMITTEE
FRED E. CASE
UNIVERSITY OF CALIFORNIA
STUDENT AFFILIATES
HAROLD G. FRAINE
UNIVERSITY OF WISCONSIN
Enclosure
, Arthur
October 31, ±955
The following men are the only ones Hated in our records as Deputy
Governors and Vice Presidents of the Federal Reserve Bank of New Xork over
the years* We lack the names, dates of service and dates of officerships for
all others vho served in these capacities* For those starred, vhiie we have
name§; we need exact beginning and teraiuating dates of service and officership.
Deputy Governors
•Case, J. Herbert
•Gilbert, Arthur W,
•Kent, Fred It
•Kenzel, E, R,
•Sailer, Louis F.
Vice Presidents
Bilby, H, A.
Coe, Charles H.
Douglas, £« 0.
Exter, John
•Gioney, Hay
•Jones, J» W*
tfimball, H. H«
&noKe, L. Werner
•JUogan, Walter S*
^Killer, Silas A*
Pheian, Arthur
Hice, J. H«
Boelse, Harold ?i
•Rounds, Leslie
Rouse, Robert G,
Tiebout, T, G,
Treiber, William
•Williams, John H #
Willis, Valentine
Wiltse, Reginald B #
Wurts, J. H #
DAVIS, Felix T.
October U* 1955
Bear Mr* Daris:
In the process of completing our file on men who have served as Federal
Reserve Bank officers, we would be most grateful for your further aid*
Our listing of Vice Presidents (end Deputy Governors) of the Fed#rtlr
Reserve Bank of Rev lork over the years still has holes in it* Thanks to your
cooperation and that of Mr* Villis, we have information on many of them, but ve
need some way of checking those who are still missing. Would you, therefore,
be kind enough to send us a list of all Vice Presidents (and Deputy Governors)
who have served in the lew lork Bank since the beginning? Ve would like to have
with their names the dates of their service in the Bank, and also the dates of
their various officerahips* this will enable us to check off those for whom our
information is already complete and to start the search for biographic data on
those now Hissing in our records*
One point t&at has given us trouble is the office of Cashier* Ve have
found that in some Federal Reserve Banks the Cashier is a Vice President (in
which case ve want to include hia as such); in other banks the office of Cashier
ranks below a Vice Presidency* This practice may have varied with the years, but
our present Interest is in only those who have ranked or do rank as Vice Presidents (or Deputy Governors).
There is no immediate rush on this, but ve would be grateful if you
could send us the requested information within the next two or three weeks if
possible.
Meanwhile may we send warm thanks for your continued assistance* It
is of the greatest help and most genuinely appreciated*
Sincerely yours.
Mildred Adams
Mr* Felix T* Davis
Federal Reserve Bank
33 Liberty Street
lew Xork U% ». I.
COOMBS, Charles A,
October 24, 1955
Dear Mr. Cooabsi
Miss Adams has asked me to thank you
for your kindness in sending us the latest listing
©f "Professional Research Personnel in the Federal
Reserve System.0 I t Is a particularly useful item,
and we are glad to be kept up to date.
Sincerely,
Irma Bur stein
Acting Assistant
ltr* Charles A* Coombs
Manager, Research Department
33 Idberty Street
Mew York 45» »« !•
LEWIS, Harold
October QQ, 1955
Dear Mr* Lewiss
"When I sew you in the midst of that
grandeur on the second floor, X thought you aust
have iEoved to your new job, uid a notice of
telephone ca&nges confinas that fact* X hope
that &s Chief of the Government Bond Department
you Jd.ll be even happier than you seemed to be
as Purchasing
As for this office, -while we send you
the best of greetings, we also want you to know
that we Hill aiss your good cud cheerful counsel*
Sincerely yours,
Mildred Adams
Kr« Harold ¥• Lewis
Qiief, Government Bond
Department
33 Liberty Street
Mevi York 45> U. X.
NOA, Arthur H.
September 6,
Mr, Arthur H. Soa
Federal Reserve Bank of Hew Tork
33 Liberty Street
Hew York IS, Hew Xork
Dear Mr, Noa:
Miss Adams is away for t he month of September bat before
she left, she asked me to thank you for your letter of September 1,
1955* enclosing the completed nPreliminary Questionnaire on Files
and Historical Source Material in Federal Reserve Banks."
It was very helpful to receive this information so
promptly and we are most grateful*
Very sincerely yours,
Research Assistant
NOA, Arthur H.
FEDERAL RESERVE BANK
RECEIVED
OF N E W
YORK
Ncw YORK 45 N Y
srp 2 1955
» *-
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
Septeraber 1 , 1 9 5 5
Miss Mildred Adams,
Executive Director,
Committee on the History of the
Federal Reserve System,
33 Liberty Street,
New York 45, New York.
Dear Miss Adams:
As requested in your letter of August 30,
1955 to Mr, F. T. Davis, I have completed and am
returning herewith the "Preliminary Questionnaire
on Files and Historical Source Material in Federal
Reserve Banks."
If I can be of any further assistance in
this matter, please let me know.
Very truly yours,
Ai^C/r-v__'*— /C^Arthur H. Noa,
Manager, Service Department
Enclosure
DAVIS, Felix
August 30, 1955
Dear % • B&viss
Tou will remember a discussion early
in August about a questionnaire on files and
historical source material on which we first had
hoped for your criticism and then, as you were
on vacation, had sent to the other eleven banks*
Taose questionnaires, which we criticised quite justly as imperfect, and -which I
intended to revise, have now come back from the
other banks full of such interesting information that revision seems a pity. ¥e now have
most of the material we need in order to report
to Mr. Sproul on the possibility of coordinating
information about archives in the Federal Reserve
Banks, and second, to comment on the destruction
schedule put forth by a sub-committee of the
Presidents1 Conference.
/
Under those circumstances, may X make }
tvo suggestions! first, that as long as the other
banks have filled the questionnaire and sent it
In, we would like very much to have the Mew lork
Federal Reserve Bank do the seme tiling* Page U$
which to some extent duplicates material on an
earlier library questionnaire, can be omitted.
Second, before finishing the recoBsaendatlon concerning the Manual on the Disposition of
Records, which I will get to you next week, X
would like an opportunity to talk over with you
the application of that Manual as these questionnaires reveal it* They give a much clearer
picture of what actually happens than I had
dared to hope, and I think they may make the
thing we are driving at seem more reasonable* At
least X hope sol
If you could set aside half an hour
today or tomorrow 1*11 be glad to bring this
material to your office
Sincerely
Mildred Adams
Mr. Felix Davis
33 Uberty Street
Hev Xork £5, H. I.
Enc*
TREIBER, William F.
August Xlf 1955
Dear Mr, Treiber*
In the absence of Mr. Sproul, may I turn
to you in a situation m i oh has just developed*
About a month ago Mr* Sproul invited me
to luncheon with Mr. Samuel Reyburn, A Director of
this Bank from 1925 to 1933, and a man with an
active memory of those earlier days. There was a
good deal of talk of this history project, and Mr.
Reybura then promised to write what would amount
to memoirs of his experiences, and to see that we
got a copy for our files* Mr* Sproul was obviously
pleased, and the luncheon ended with a fine feeling
of cooperative effort*
Mr* Reyburn has sent us the first installment. He telephoned this morning that he was
working on the second and third, but needed some
research a&terial with which to refresh hie memory.
Specifically, he asked if he might see
the Minutes of the Board of Directors for the years
during which he sat on the Board. He thought that
as a former director he might reasonably ask such
permission, and I promised to pass that request on
to the Secretary*
Unfortunately Kr. Willie i s on vacation,
and Mias McManus does not feel empowered to grant
this request in hie absence• Hence I am turning
to you* A similar situation came up earlier when
Dr. Lester Chandler, vho i s working on the l i f e of
Benjamin Strong, asked to see certain Minutes*
Past time Mr. Willis was on hand and granted the
request.
Mr. Reybura expects to come in on Monday.
We t*re glad to provide desk space for him, and
•whatever research aid he needs. I hope we aay be
able 1 either to t e l l him that he may consult Directors Minutes covering his years of service, or
that you will talk vith him about hia desire to
refresh his memory this
f
thanks in advance for your
consideration of this problem.
Very sincerely youra*
Mildred Adoine
Mr. Viliiaai F. Treiber
33 Uberty Street
Hew Xork 15, ». ! •
DILLISTIN, Cora
August 3, 1955
Pear Miss Dillistint
Mi88 Adams has asked me to write you in
reference to the Questionnaire on Files and Historical Source Material in Federal Reserve Banks*
which was sent to you in draft fona on July 12th.
She vould like very much to have you cose to a
smell meeting on Monday, August 8th, at 2 p.m.
in this office to discuss this questionnaire.
Sincerely*
Xrma Burstein
Secretary
Miss Cora Dillistin
33 Liberty Street
lev Tork 45 » S* T»
COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM
New York
Unless otherwise indicated, all information on attached
blanks is needed for each person listed.
* Armstrong, F. Palmer (Director, Class A, 1952-54) (need information
on education only)
Bilby, H. A, (Vice President, 1950 to date) (need information on
everything except education)
* Clute, Varren ¥., Jr. (Director, Class A, 1943-4.5)
Coe, Charles H. (Vice President, ?-1938) (need information on everything except education)
Douglas, Edward 0. (Vice President, 1946-4-9) (need information on
everything except education)
* Evans, John R. (Director, Class A, 1954 to date)
Gilbert, Arthur W. (Deputy Governor, ?-1933) (need information on
everything except education)
Jones, J. ¥. (Vice President, 1944-47)
Kenzel, Edwin R. (Deputy Governor, 1920-24) (need information on
everything except education)
Kimball, H. H. (Vice President, 1946 to date) (need everything
except education)
Knoke, L. Werner (Vice President, ?-1954-) (need everything except
education)
• Mills, Edward K. (Director, Class A, 1933-38)
Phelan, A. (Vice President, 1944- to date) (need everything except
/education)
^Ploch, William F. (Director, Class A, 1937-39)
vPrescott, Roger B. (Director, Class A, 1949-51)
Rice, James M. (Vice President, 1941-4-6) (need everything except
education)
Roelse, Harold V. (Vice President, ? to date) (need everything
except education)
Rouse, Robert G. (Vice President, ? to date) (need everything except
education)
Sailer, Louis F, (Deputy Governor, 1918-36) (need name of place born)
* Schneider, Franz (Director, Class C, 1953 to date)
^ Shield, Lansing (Director, Class B, 1953 to date) (need date and
place born)
V Smith, Charles (Director, Class A, 1919-24) (need information on
education and on date of death)
Starek, Charles (Director, Class C, 1914-17)
* Stephens, Thomas W. (Director, Class A, 1930-32)
Thompson, Otis A. (Director, Class A, 1938-41) (need information
on education)
Tiebout, T. G. (Vice President, 1953 to date) (need information on
everything except education)
COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM
o
-2-
Treiber, William F. (First Vice President, 1952 to date) (need
information on everything except education)
x Williams, Richard H, (Director, Class B, 1920-23)
Willis, Valentine (Vice President, 1944-to date) (need information
on everything except education)
"'Wilson, Howard A, (Director, Class A, 194-6-4.8)
i/Woolley, Clarence M. (Director, Class C, 1922-27) (need information
on education only)
s/Warden, Frederic E. (Director, Class A, 1948-50)
Wurts, J. H. (Vice President, 1952 to date) (need information on
everything except education)
To
Officers and Chiefs (B)
August 3, 1955
From
Arthur H. Willis, Secretary
Bulletin #8474
Mr. Sproul has designated Felix T. Davis, Assistant Vice President,
and chairman of the System Committee on the Destruction of Records, liaison
officer of the Bank to work with the Committee on the History of the Federal
Reserve System on matters relating to the destructioh of records.*/ M
m^
AUG 31955
COMMITTEE ON THE HISTORY
OF THE
«0E8AL RESERVE SYSTEM
MISC. 3B.2-8OM-H-S3
FEDERAL RESERVE BANK
OF NEW YORK
OFFICE CORRESPONDENCE
Copy for Miss Adams
July 261 1955
To
pROM__
Mr. Eelix T. Davis
AllajiJmrjiiil
SUBJECT
Liaison Officer of Committee on the
History of the Federal Reserve System.
You will remember that I wrote to the other Federal
Reserve Banks, sometime ago, asking them to appoint a liaison officer
who would work with the Committee on the History of the Federal
Reserve System on matters relating to the destruction of records
which might have historical value.
I was under the impression that I
had asked you to act as liaison officer for this bank, but evidently I
did not do so.
I wish that you would take on this job which seems to fit
in with your work as chairman of the System Committee on the Destruction
of Records, and that you would hold yourself ready to consult with
Miss Adams, of the Committee on the History of the Federal Reserve
System, concerning the records of this Bank.
AS:APP
8/2/55 - Mr. F . T. Davis will be pleased to act as liaison officer.
RECEIVED
AUG 1 1955
ON ? H £ WSTORY
OF THE
WAAttE, Thomas 0.
July 21, 1955
Dear Mr.
I have read "with great interest your pamphlet entitled,
•Moneyi Master or Servant." Knowing the difficulties of putting
so complicated a matter into simple English, I do congratulate
you most heartily on the result. The p&mphlet ought to prove
extremely useful in the educational vorld, and I hope you hav«
orders for it from simple citizens like me.
¥e would very much like to have two extra copies in
this office, one for each of my assistants, I hope you have
sent one to Hancy Balfour end that one may go to Mr. Donald
Voodvard, Secretary of t M s Committee, care of fick Ghemical
Company at 122 East 42nd Street,
If individual requests are difficult to fill, we
will be glad to forward the copy to Mr. Woodward fro® this
office and let Nancy wait until X get over there this fall*
My gratitude in advance.
Cordially yours,
Mildred Adams
Hr. Thomas Waage, Manager
Public Information Department
33 Liberty Street
Hew York 45, a. I.
J-'.S.
Also kindly send one to 0.riovsrriWolfe, F^upack,
Pike County, Pennsylvania
KIBBLER, Robert B,
July 12 f 1955
Dear Mr. Sibblert
I vould greatly appreciate your reaction and advice
on the enclosed Questionnaire on Files nn& Historical Source
Material in Federal Reserve Banks. It is, as you see, still
in draft form. We are proposing to send it to the liaison
officers appointed in the tvelve Banks to -work vith this
Committee. It has been framed as a first step toward an
answer to the question, *Vlh»t does the Committee want?*
Axr/ suggestions you can give us, either as to the
fora, the content, or the probable impact of the questionnaire
will be most welcome. If you -would prefer to discuss this
rather than to coiament in writing, we con set a convenient
hour.
Gratitude in advance,
Mildred Adams
Mr. Robert B # Kibbler
33 Liberty Street
Hew Xork 45, H. I.
Ene.
DILLISTIiN, Cora
July 12, 1955
Dear Miss Dillistin:
I -would greatly appreciate your reaction and advice
on the enclosed Questionnaire on Files end Historical Source
Heterial in Federal Reserve Banks* It is, as you see, still
in draft fortu We are proposing to send it to the liaison
officers appointed in the twelve Banks to work with this
Committee• It has been framed as a first step toward an
answer to the question, aWhat does the Coismittee want?11
A y suggestions you can give us, either as to the
form, the content, or tae probably impact of the questionnaire
•will be most -welcome. If you would prefer to discuss this
rather than to comment in writing, we can set a convenient
hour*
Gratitude in advance,
Mildred Adams
Hiss Core Billistin
33 Liberty Street
Hew York 45, H. X.
New York
Unless otherwise indicated, all information on attached
blanks is needed for each person listed*
Armstrong, F. Palmer (Director, Class A, 1952-54-) (need information
on education only)
Bilfcy, H. A. (Vice President, 1950 to date) (need information on
everything except education)
Clute, Warren W., Jr, (Director, Glass A, 1943-45)
Coe, Charles H. (Vice President, t-1938) (need information on everything except education)
Douglas, Edward 0. (Vice President, 1946-49) (need information on
everything except education)
Evans, John R. (Director, Class A, 1954 to date)
Gilbert, Arthur W, (Deputy Governor, ?~1933) (need information on
everything except education)
Jones, J, W. (Vice President, 1944-47)
Kenzel, Edwin R, (Deputy Governor, 1920-24) (need information on
everything except education)
Kimball, H. H, (Vice President, 1946 to date) (need everything
except education)
Knoke, L, Werner (Vice President, T-1954) (need everything except
education)
Mills, Edward K* (Director, Class A, 1933-36)
Phelan, A* (Vice President, 1944 to date) (need everything except
g | M t l )
«g»$|MMtloii)
Fioch, William F. (Director, Class A, 1937-39)
Prescott, Roger B. (Director, Class A, 1949-51)
Bice, James M. (Vice President, 1941-46) (need everything except
education)
Roelse, Harold V» (Vice President, ? to date) (need everything
except education)
House, Robert G. (Vice President, ? to date) (need everything except
education)
Sailer, Louis F, (Deputy Governor, 1918-36) (need name of place born)
Schneider, Franz (Director, Class C, 1953 to date)
Shield, Lansing (Director, Class B, 1953 to date) (need date and
place born)
Smith, Charles (Director, Class A, 1919-24) (need information on
education and on date of death)
Starek, Charles (Director, Class C, 1914-17)
Stephens, Thomas W. (Director, Class A, 1930-32)
Thompson, Otis A. (Director, Class A, 1938-41) (need information
on education)
Tiebout, T. G. (Vice President, 1953 to date) (ne^d information on
everything except education)
-2-
Treiber, William F. (First Vice President, 1952 to date) (need
information on everything except education)
Williams, Richard H. (Director, Class B, 1920-23)
Willis, Valentine (Vice President, 1944-to date) (need information
on everything except education)
Wilaon, Howard A. (Director, Class A, 1946-48)
Voolley, Clarence M. (Director, Class C, 1922-27) (need information
on education only)
Harden, Frederic E, (Director, Class A, 1948-50)
Wurts, J. H, (Vice President, 1952 to date) (need information on
everything except education)
V
WILLIS, Arthur
RECElVEtfEDERAL
JUN29 1955
RESERVE BANK
O F NEW YORK
NEW YORK 45 N Y
omami ON THE mmt
' **
June
FtOtML RttfftVC SYSTtU
28
>
1955#
Miss Mildred Adams, Executive Director,
Committee on the History of the Federal
Reserve System,
33 Liberty Street,
New York 45, N. Y.
Dear Miss Adams:
Thank you for your letter of June 21, 1955 with which you
returned our list of Chairmen of the Board of Directors, Federal Reserve
Agents and Senior Officers of the Federal Reserve Bank of New York during
the period 1914 - 1955, and also for the additional educational data with
respect to certain of the men shown on our list.
With regard to your query about Mr. Fred I. Kent, I have checked
further into Mr, Kent's record of service and find the following reference
to his employment in the Nineteenth Annual Report of the Federal Reserve
Bank of New York for the year ending December 31, 1933:
"In March 1933, Fred I. Kent was appointed to take charge of
a special foreign exchange division created to perform the duties
required of the bank by the Executive Order of March 10, 1933*
Mr. Kent resigned this position in January 1934."
The minutes of the meeting of the board of directors of this Bank held on
March 16, 1933 indicate that Mr. Kent was employed during the period in
question on a month-to-month basis.
I hope this information will meet your needs in clarifying the
record of Mr. Kent's service with this Bank.
Yours sincerely,
Arthur H. Willis,
Secretary.
.
i/
WILLIS, Arthur
June 21, 1955
Dear Hr. WilUss
I &m returning with this the l i s t of Chairmen of the Board
Of Directors, FedereJ. Beserve Agents and senior officers of the
Federal Reserve Bank of Hev Xork serving between 1914. and 195 5 > which
was prepared for the use of Dr» G» ¥• Pier son of Tale* Thank you for
letting us have i t . We h&ve taken from i t information nhich supplemented that in seme of our own records*
I bm at the sfcse Uuie sending you a short l i s t of nsmee for
•which we hsve certain educ&tloncl data not contained on your l i s t .
We have also included the source from which we took this infora&tioa*
lou isay find this of use*
There i t one detail on your l i s t about iMch I have a query.
Mr. Fred I . Kent i s dovm as having served from 10/11/17 to 12/31/17
and again from 3/6/33 to 1/3-5/34- &s Deputy Governor* We seem not to
have known of this second term* &nd I cannot find Mr, Kent l i s t e d in
the obvious places as occupying that position «*t that time* I vonder
i f he could have been serving this Bank In another post or if perhaps
he w s serving at the Board in that period* Ve v i l l be grateful for
your assistance on this point.
Blanks £gain for your cooperation*
V
i
l
Mildred Adams
Mr* Arthur H. Willis* Secretary
Federal Eeserve Bank of New Xork
33 liberty Street
Hew York 45, H. T#
Enc.
yours,
COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM
Officer
Educational Background
¥« Randolph Burgess
Hon. LL.D., University of Rochester, 1948
(Who's Who in America, Vol. 28, 1954/55)
J, Herbert Case
U*.D., Elmira College, 1931
LL.D., Colgate University, 1942
(Who's Who in America, Vol. 28, 1954/55)
Pierre Jay-
Graduated from Groton (Mass*) School, 1383
A.B., Yale University, 1892
Hon. M.A., Xale University, 1917
(Who Was Who in America, Vol. II, 1943-50)
It Kent
Public scnools, International
Correspondence Schools, Scranton, Pa.
U».D., Univ. of Southern California, 1930
(Who's Who in Aiserica, Vol. 28, 1954/55)
Robert M. O'Hara
Chatham Collegiate Institute, 1894
(Who's Who in Finance, Banking and Insurance in U.S. and Canada, 1931/32)
Welter W. Schneckenbur^er
Warsaw High Schoolj Teachers Training School
(Who*s Who in Commerce & Industry, 1936)
Robert X* Stevens
Honorary Degrees J LI#«D,, Presbyterian
College, Clinton, S,C#, 1938j Doctor of
Commercial Science, Wew Xork University,
1950J L.a.D., Lafayette College, 1951}
Doctor of Textile Industries, Clemson
Agricultural College, Clenson, S.C., 1951
(Congressional Directory, 83rd Congress*
Feb. 1954)
William Woodward
A.B., Harvard, 1893: A.M., 1899} LL.B., 1901
(Who's Who in America, Vol. 28, 1954/55)
April 19, 1955
Memorandum for Files
-
Concerning a letter from Mr. A. H. floa. dated April A. 1955* and to be filed with that
The background of this letter lies in a request by Dr. Chandler for two
files, one of the Money Committee and the other of the flew York Call Money episode.
These we identified by file number in the Classification list given us a year ago.
We made the request at a moment when Miss Dillistin happened to be on vacation. Her assistant called back to say that the files had been destroyed.
Being, at the time, in the midst of conversations with Mr. Felix Davis on the
subject of the peril we saw in the System Schedule for the Disposition of Records, I
reported the incident to him as an example of the thing we hoped to avert.
I then went West, and on my return found Mr. floafs letter awaiting me.
It seemed easier to discuss the questions raised in the letter than to reply
by writing. Miss Dillistin, visibly agitated by what she apparently construed as criticism, was in Mr. floa's office when I went down. After some discussion, the useful
points made were:
(1) That the files in question had not been destroyed, but were still in
the file drawers.
(2) That Miss Dillistin1 s assistant was misled by some confusion in file
numbers•
(3) That no one outside the filing department used the Classification list,
or was supposed to have it.
(4.) That, unlike Board practice, the file numbers were symbols understood
only by the File Department, and that the way to ask for a file in the New York Bank
is to describe what one wants. The File Department will then try to find it.
Difficulties of understanding here are unfortunate, and not made easier by the
fact that Mr. floa, who is the officer in charge, has yet to be convinced of the value
-2-
of historical work. He is under pressure to do away with files altogether, as they
occupy space that is too expensive to be used for storage.
MA:IB
McMenue, Ann
May 6, 1955
Desr Miss McJIfcnus:
Dr. Lester Chendler vho i s , es you know, working
on the l i f e of Governor Strong has esked me to find out
when Governor Harrison, vho vas Deputy under Mr. Strong,
v&s put in charge of international a f f a i r s .
your records v i l l shov t h i s .
I vonder i f
We will be grateful for any
information on this detail*
Thanks much,
Hildred Adams
Miss Ann M. McManus
33 Liberty Street
Mew York 45, H. !•
WILLIS, Arthus
FEDERAL RESERVE BANK
RECEIVED
OF NEW YORK
MAY
3 WP
N E W
YORK 45, N. Y.
May 2 ,
1955.
TNK
Miss Mildred Adams, Executive Director,
Committee on the History of the
Feders.1 Reserve System,
33 Liberty Street,
New York U5, N. Y.
Dear Miss Adams:
Your letter of April 29, 1955 to Mr. Smedley asking for
certain biographical information with respect to Mr. Yiilliam H.
Dillistin, former General Auditor of this Bank, has been referred
to me.
I am enclosing a brief biographical sketch of Mr. Dillistin
which appeared in the issue of the Federalist of June 11, 194-5. I
think it is sufficiently complete to meet fully your needs in this
connection.
Sincerely yours,
Arthur H. Willis,
Secretary.
Enclosure
SMEDLEY, Frederick
April 29, 1955
De&r Mr. Saedleyt
In talking the other day to Mr. Ray Gldney, now
Comptroller and long experienced in Federal Reserve positions of one kind or another, he suggested that it might
be valuable to see Mr« William Billistin, who was employed
in this Bank from 1913 to 1950 when he retired, vith the
exception of a short period in the 1920*6*
Before talking to the older men, we like to know
all we can about them. I got from the records in Washington Mr. DiHistin's work record in this Bank, but I find
we have nothing about such personal details as when and
where he was born, whom he married and when, who his
children are, and where he got his education.
All this material helps to round out the picture
of the san before we go to talk to him. I assume you have
it in your records, and I will be most grateful if you
could send us the answers to those details on which Washington seeaa unable to shed light*
thanks ever so much for your kindness in this*
Sincerely yours,
Mildred Adams
Mr. Frederick L. Smedley
33 Liberty Street
Hew York 45, H. !•
LEWIS, Harold W.
April 22, 1955
Dear Mr. Lewis*
Yesterday you i.nquired for details *bot*t
our new "pin-up* lamps in the outer office.
The lamp sells for $37»5O. It extends from
the vail 2B* to 40*, can be raised and loverod to
the proper height. The arm swings from side to side
in ©n ere and telescopes! to or from the m i l *
Ve purchased the lamps through an interior
decorator and hence do not know exactly where they
£re obtainable. The decorator is Miss Joemus &•
Arilaan, 25 West 44.ta Street, New lork 56. Perhaps
she will be eble to help you out.
Sincerely,
I roe Burstein
Secretary
Mr. Harold ¥. Lewis
ROOF
819
33 Liberty Street
Hew Tork 4-5? #• Y*
FEDERAL RESERVE BANK
OF NEW YORK
M I S C . 4C.1-24M-U-S3
OFFICE CORRESPONDENCE
C
DATE.
SUBJECT.
To__™_Miss Adams
FROM
RECEIVED
M> A» Harris
m i o 1955
COMMITTEE ON THE H/STORY
OF THE
—-
RESERVE SYSTEM
You have my permission to install the lighting fixtures
described in your memorandum to me dated March 7> 1Q55- Mr. Muether,
Manager of the Building Operating Department, will be glad to arrange
to have the installation done for you and I suggest that you contact
him when the fixtures have been delivered*
MAH/cr
RECEIVED
MAR 2 5 1955
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
FEDERAL
RESERVE
BANK
OF N E W YORK
N £ W
y O RK 45, N. Y.
March 24, 1955.
Miss Mildred Adams, Executive Director,
Committee on the History of the
Federal Reserve System,
33 Liberty Street,
Nev York 45, N. Y.
Dear Miss Adams:
In your letter of March 23, 1955, you have asked, in
connection vith the cataloguing being done by your Committee,
for information about "informal minutes", kept by Mr. Sproul, of
meetings during the banking holiday of 1933.
We have in the Secretary's Office discussion notes, in
bound form, of meetings of the directors of the Bank covering this
period in a volume bearing the following legend:
Federal Reserve Bank
of New York
Discussion Notes
Vol. 3
July 25, 1932
September 25, 1933
Yours sincerely,
Arthur H. Willis,
Secretary.
WILLIS, Arthur
March 23, 1955
Dear Mr. Will!si
X understand from Mr, Sproul that during the
banking holiday of 1933, he kept what he cells "informal
minutes* of meetings vhich were more detailed pieces of
reporting than was customary. Tuis was done a t th© r e queat of Governor Harrison; these minutes are said to be
in black books in the Secretary's office.
Mr, Sproul suggests that I ask you about them
in order that we may catalogue them as part of the material
important to an historian of that period. Could you, with
that in mind, l e t rae know how m&ny of these informal
minute books there are, what t i t l e s they bear, s>nd what
dates they include? Ve can then make the necessary catalogue cards for them*
Thanks ever so much for your kind cooperation.
Sincerely yours,
Mildred Adams
Mr. Arthur Willis
33 liberty Street
Hew lork 45, N* X*
HARRIS, Marcus
March 7, 1955
Bear Kr» Harris*
Thanks so much for tekiog car© of my difficulty wife the key to
the 10th floor back door. I am assured that the one brought to me the
otUer &&? has been tested »ad works*
Hay I now ask your help in another small woe* Ve have been
having trouble with our efforts to get the two stenographic desks in the
outer office properly lighted* &r. Ee ¥oti has gone so far ae to put two
lamps on each desk, but the g i r l s s t i l l report eye-strain. The trouble
seems to be *&£t tiiey v*ui'k a l l ovtsr taeir desks, so to speak, and the
shift back &nd forth from veil-lighted to poorly-iightod fereas bothers
thesu
We have now found, on the outside, e type of l i g h t fixture
•which cen be hung froM the wall and i s said to ccst a diffused light over
the vhoie desk surface (picture enclosed), The fixture extend a **from the
vail 2SH to 40*« I t has a polished -walnut am* The arm swings from side
to side, telescopes zo or from the v a i l . The lamp raises end lowers• I t
h&s a goodlooking kl tt wide natural grasscloth shede vdth slotted brass
gallery s t top, t:nd & Stjren® diffuser to eliminate
glare. I t contains
three 4.0 watt buiba, and h&s a three-way switch.11 I am prepared to buy
two of these out of Cofflsittee funds, but the trouble i s thet they hang
fro® s. frame vhieh aiust be attached to tiie wail vith a. screw. We are
told that i t takes a special dispensation to get permission to screw any~
thing to the vail, and hence ve turn to you*
¥e will be most grateful for your help In this problem*
Gratefully yours,
Mildred Adams
Mr. Marcus* Harris
Boom 321
33 Liberty Street
Kew York 45* «• !
Erie.
HARRIS, Marcus
H&rch 3 f 1955
Memo to Mr. Marcus Harris:
When we came Into these offices I made a plea
for E key to the 10th floor back door, as I go down from
time to time to see Mr. Roelse« lou were kind enough to
let me have a key, and I tried it out one day with Miss
Small, But last week, when Mr, Woodward and I had to go
down to see Mr* Sproul, I couldn't make it work*
Could you have it tested? I'd be ever so
grateful. When I need it, I need it badlyI
Taenks ever so much,
Mildred Adams
Mr. Marcus !• Harris
Room 821
33 Liberty Street
Hew Xork U5» N. X.
SEUESTI, Anthony
February 23, 1955
Mr. Anthony J. Sege3ti
Personnel Department
Federal Reserve Bank of Sew York
Kew York 45, New York
Dear Mr, Segestis
Here is a rating of Lois Krebs a® you requested on the telephone,
j thoroughness, alertness, skill in using equipment:
While in this office* Lois &rebs was moderately above standard
in her typing but she was awaking steady improvement all the ti3?e*
Her work with the Ediphone was less satisfactory. Her neatness
and thoroughness were well above basic requirements*
2.
Speed, disregarding skills
Hiss Krebs^ speed saet basic requirements*
3»
Attitude towards work, associates:
Miss Krebs was diligent and responsible in her attitude towards
her work. She was always eager to learn snd to help in any way.
She is a pleasant and cooperative person, a constructive member
of a group.
Please let me know if this letter does not satisfy "basic requirements"
of the rating system. As you know, we liked Hiss Krebs very mich in this
office and have been trying to get her for part-time work since she left*
Sincerely yourst
Executive Secretary
MISC. 136.3-80M-10-S4
FEDERAL RESERVE BANK OF NEW YORK
f \
x /
ROUTE SLIP
OF-
REMARKS
DRAF T
ROELSE, Harold
COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM
Dear Mr.
:
*s
Because of your owa years of service with the Federal Reserve
System, I have been asked to bring to your attention the history project
in -which this Committee is engaged.
The project was started in the belief that the time had come
for a new look at the long course of Federal Reserve history.
Too many
of the men who created the System were no longer available to tell historians what really happened on disputed points. Even their papers were
dispersed and in certain instances destroyed. Before the losses mounted
higher, it was felt that a real effort should be made to record memories
and locate (jLMitors. ~
About a year ago the staff assembled by this Committee, with
:the aid of a small grant from the Rockefeller Foundation, began to interview people who had played an important part in the System's foundation
and development, and to locate and catalogue information and material which
migiit be valuable to the historian.
The pilot project was so successful that in June the Rockefeller
Foundation made us a five-year grant to further the Committee's work. We
have been, since July, working with the assurance that we had time in
which to continue the program of collecting memories and papers from the
men who have made the System what it is.
Miss Mildred Adams, our research director, may already have
communicated with you on these matters. If not, she will certainly be
DRAFT
-2-
getting in touch with you. Meanwhile, however, we would like to ask
whether you still have the papers which are concerned with your Federal
Reserve experience. Speeches and articles interest us, and particularly
the things which have not been published - the working correspondence,
the diaries, the journals, the memoranda which show what happened when,
and why. We would like to know anything you care to tell us about the
whereabouts of such papers, their bulk, their condition and their arrangement. If you are ready to dispose of fthe% we would like to be
A
considered as interested recipients. If you are not ready, we hope you
will remember, in providing for their disposition, that such contemporary
working papers are the very stuff of life for an historian; yours are
needed by the historians of the System you helped to build.
1 will hope to hear from you about this.
Very sincerely yours,
Donald B. Woodward
Secretary
ROELSE, Harold
February 3* 1955
Dear Mr. Hoelss:
l i n t we call the *p&p»r chase11 of this Coned ttee* that
i s the hunt for diaries, aea&oirs &ad so ©a, ha 3 been balked two
or ttiree tlaes because paperi h*ve been destroyed before v© got
to then* In order to try to forestall t h i s , «uad eiao to iaelE#
the project better known ssiong top level veterans of th© S/st«re,
we decided to send out a l e t t e r to «. selected l i s t of the older
®ight h&ve sruch
the enclosed draft ha® been approved ty Kr»
but boto of us hesitate to send i t out until i t has p&ssed ft
further t e s t . Ve
need i t re&d b/ soatone who can put hiaself
iato the veteran 1 a ple.ce ^«lth more assurance, eiid we both agreed
to 83k you to be that someone• Suppose you got guch a l e t t e r in
the s a i l one scorning* Vould you be interested? Or i s there
some phrase in i t that rubs the wrong way?
We will be uont grateful for your e r l t l e i s i *
sincerely*
Hildred Adams
Mr* Harold ? . Hoeise
?ice President in charge
of Research
33 Liberty Street
Sew lorJt 45, *ew Xork
£no«
2/1/55
Mr. DeVoti
Inventory of Furniture and Equipmen
as of 12/31/54
Mrs, Singer
I enclose the Inventory and two exception sheets, which indicate only a mistake
in noting the number of one of the desks in this office, aau two more i'liea.
There are several pieces 6£ furniture on which I cannot find the number so I srast
take your work for it:
L 1255 File, A dr letter size
five sections of bookcase
F 3296 Chair Swivel arm S & B wal
HOT LISTED, II DIPABTMEKT
BS £Q 3±2*f
D I M SICKITARIAL 6O1K
21991
FILE 4DE LETTER SIZE
16327
FILE 4J>B LETTER SIZE
LISTED, HOT IK DEPARTMENT
DS 60 3127
Desk Secretarial 601H rt
FEDERAL RESERVE BANK
OF NEW YORK
OFFICE CORRESPONDENCE
January 20, 1955
TO
Miss Mildred Adams
FROM
D. C. Niles
SUBJECT;
Inventory of Furniture and
Equipment as of 12/31/54
There is attached hereto an inventory listing of furniture and equipment recorded as being in use in your department as of December 31; 1954.
It would be appreciated if you would have this listing physically
checked against the furniture and equipment in your department.
1.
Items reflected on the listing that are not in the department should be
noted on a separate sheet headed:
"Listed; not in department"
2.
Items not reflected on the listing also should be noted on separate
sheet headed:
"Not listed; in department"
3. The person who checks the listing should sign the respective listings.
At your earliest convenience the completed checked inventory, together
with the exception sheets, should be forwarded to Planning Department, attention
of H. DeVoti,
A corrected listing will be forwarded to you for your files.
BOOTH, James H,
January 28, 1955
Sear Mr* Boothi
It is very kind of you to have taken so such
trouble over the a&tter of obtaining a Temporary
Identification card for £r« Chandler• He will be
coming to this office four days a week starting
February first until the first of June. His full
same is Lester V. Chandler.
Gratefully,
Assistant
Mr* James H. Booth
Federal Eeserve Bank of Sew York
Hew Xork 45
CAKEtf, Mildred
kl, 1955
Dear Mrs. Carew*
Kow that the office of this Committee is established
in pernanent quarters on the eleventh floor, 1 think it
ou$ht to appear in the Bank telephone directory. The
following two listings will meet our needs'.
187-286
Coinr.it tee on the History of the FederaL
Reserve System, 11F, East
286
Adaas, Mildred, 11F, East
These listings will be helpful to many people in the
Bank, TBOML I shall be glad that we can be easily identified.
ThaRkygBU for your help in this as in so many other
problems we have had.
Sincerely,
Assistant
Mrs. Mildred M. Carew
Federal Reserve Bank of New York
Hew York 45, Wew York
M6EAN, Helen E,
January 21, 1955
Dear Miss Korani
Hiss Adams e.sked me to thank you and Mrs, W©#&
for the line job of multiJi^bing done by the
Stenographic Division for us. It is an excellent
job a m vre are most grateful.
It is good to know that ve can call on your
Division once in a while for a special job. Thank
you very much.
Sincerely,
Assistant
Miss Helen E. Moran
Federal Reserve Bank of $ew lork
New York 45, New York
CROTTY, W. R.
January 10, 1955
Deer Mr. Crotty:
It ves most kind of you to send us a copy of the Hearings
before the Subcommittee on Economic Stabilisation held in December,
1954« If ve can be put on your regul&r list for this kind of information, we will be doubly grateful, es sometimes we forget to ask
about it until too much time has passed and then find that things
are more difficult to obtain,
I wonder if I can also ask for a booklet noted in the Monthly Reviev of J&nuery, 1955. On Pege 8, in a box, there is a reference
to seiset.iing called Selected Economic Indicators* We vould very much
like e copy\
thanks for all your kindness in this.
Sincerely yours>
Mildred Adams
Mr. V. R. Crotty
Public Information Division
Federal Reserve Bank
33 Uberty Street
New fork 45, **• !•
POST, Evere 11
January U, 1955
Dear Mr. Posts
This letter is to confirm arrangements made by my
assistant, Mrs. Singer, with you over the telephone.
Our understanding is that the Bank is making the services
of a typist available to this office on e part time basis,
This arrangement is a loan, and the Bank will bill The
Brookings Institution at the end of the month.
Thank you for arranging this matter so quickly.
Sincerely yours,
Mildred Adams
Mr. Everett B. Post
Federal Reserve Bank of New Xork
Kew lork 45, New Xork
BOGARDUS, J-net
January 4, 1955
Dear Miss Bogsrdus:
As Hiss Burstein mentioned to you in a phone conversation
this morning, Mr, Donald Woodward, Secretary of this Committee, would
like to have his neme added to the mailing list of those who receive
the daily Newspaper Review put out by the library.
If this is possible, Mr. Woodward suggests that it be done
for a trial period of one month, starting as soon as convenient for
your staff»
Mr. Voodvardfs business address is Vick Chemical Company
12? East l£**i Street
Hew lork 17, a. I.
Thank you for your consideration in this matter*
Very sincerely,
Mildred Adams
MA Note; 1/7/55 - Mr. Roelse told me on the phone that the Newspaper
Review is put out for the Bank only.
Misg Janet Bogardus
Reference Library, Room 912
33 Liberty Street
Hew lork -45, N. I.
MISC. 136.3-8OM-4-54
FEDERAL RESERVE BANK OF NEW YORK
ROUTE SLIP
OF
W- A. HARRIS
^-^
REMARKS
If""1
FEDERAL RESERVE BANK
OF NEW YORK
M1SC.3B.2 8OM-I1-B3
OFFICE CORRESPONDENCE
D A T E November 16, 1954
Tr>
SuBJF<~T Inventory Listing for Committee
Mr. Harris
on the History of the Federal Reserve System
H. De Voti
Listed below is the Furniture and Mechanical Equipment assigned to the Committee on the History of the Federal Reserve System in offices
on the east end of the 11th floor:
Files
File - U Dr. Letter size
-File - 7 Dr. 5 x 8 Card
File - 9 Dr. 3 x 5 Card
Desks
/
DesJc - Wood Mahogany
- D-60 - Double Pedestal
DS-6O- Secretarial R. P.
DS-6O- Secretarial R. P.
DS-6O- Secretarial L. P.
DS-6O- Secretarial L. P.
Chairs
'Chair
'Chair
-Chair
Chair
Chair
•Chair
Chair
Chair
Chair
Chair
Chair
Chair
Chair
Chair
Swivel Arm Wd. Wai. Lea.S&B
Swivel Arm Steel CSA
Posture Typist
Posture Typist
Posture Typist
Posture Typist
Side Arm Steel CNA
Side Arm Steel CNN
Side Steel CNN
Wd. Wai. Side Arm
Wd. Wai. Side Arm
Wd. Wai. Side Arm
Wd. Wai. Side Arm
Wd. Wai. Side Arm
Miscellaneous
Costumer - gray steel - ^ v
#aste Basket - Wd. Wai.
vGray rug and lining, outer
office
'Gray rug and lining, private office
^Smokador
^/Bookcase, 3 sec. top and
base
Lamps
Lamp, desk pedestal, bronze
- Lamp, desk pedestal, bronze
-Lamp, arm extension gray
Lamp, arm extension gray
Lamp, arm extension gray
arm extension gray
Mechanical Equipment - Typewriter
Royal Typewriter
Remington Noiseless Type.
Remington Noiseless Type.
Remington Noiseless Type.
Tables
iTable Library Lino, top T-72
Table Library Wood Mahogany
Table small Mahogany
The monthly rental charges for the above
furniture and equipment will be approximately $20.91 as compared to
$12.16 prior to the move to the eleventh floor.
15, 1954
Dear Mr. M&rrist
I vas in Uashirigton vhen your sen moved the Coessittee
offices froffl the 3th to the 11th floor and j u s t returned Friday
to tola nev luxury* We are now s?ost comfortably and efficiently
housed, and I do vent to send very warn thanks to you for the excellent provisions ma.de for us and to your various assistants for
their cheerful &n& patient work for us* Mr. Edvard Reidel, who
drev the plens for us, Mr* Hovard De Voti, vho responded to every
furniture plea, and Mr* Herbert Huether of Building Operstioas
have bmr\ kindness i t s e l f .
How that ve have our nme spelled out in full on the
front door, ve hope you will a l l cose md call on us, if only to
see hov we bea^ in th#a« new and specious quarters.
Gratefully yours
Mildred
Mr. Marcus A. Harris
Room 821
33 Liberty Street
Hew lork 45, N. 19
, 1954
Bear Mr, Sprouls
Soae time «go you verefeindenough tc suggest that I sight be
more comfort©bie with « private office. That suggestion was taken up,
aod I now want to report tfa&t the Comittee staff and files have, thaaks
to Mr. Marcus Harris ana his assistants, been moved to post pleasant offices in the east end of. th;: building on the 11th floor.
¥6 nov h»ive aoeouftte wor&iag space for Dr. Chandler, .Hiss Burnett *nc Miss McHis^try, as well ?*s for our own snail staff, ana ve feel
that the Committee1 a work is very well housed. It .mkes th«* vork-day
much better for all of us, ana we all vnat you to Kno¥ that we &TQ vary
grateful to you.
Cordially yours,
Mildred Aa&ms
Mr. Allan Sproul
33 Liberty Street
Hew York 45, K. Y
November 3, 1954
Bear Mr. Roelsei
You and Mr. Hosa have been kindness itself in allowing Br.
Lester Chandler to use Mr, Rosa's office on the 9th floor. He h^s been
coming in every Monday soraing and has enjoyed the facilities of the office.
for
How
the
ler
and
I know, however, that this has sot been entirely convenient
you, and I «a glad to say that we will be abl-: to free this space.
that the Bank has been kino: enough to give us larger quarters on
11th floor {Willism Street end), ve will be glad to give Dr. Chanda desk there. Tbia will make it possible for him to use our files
to get stenographic help when he needs it.
Mr. Harris expects to sove us up there sometime next week.
Vith your permission, ve will sake arrangements for moving Dr. Chandler and the files he works with at that time.
Thank you so arach for your good help in this as in all other
thing* ve ask.
Cordially yours,
Mildred Adass
Mr. Harold V. Roelse
33 Liberty Street
Hew York 45, H. I.
Sovenber 1, 195A
Deer Mr. Harris:
This is the wording we would like to have on the door
to our new offices:
Cosaittee on the History of the Federal Heserve System
I thought you would want to h&ve this written down so that
there will be no possibility of error.
On second thought, I feel that e sign on the door Itself
will be sufficient, and thst no right-angle sign is needed.
Thank you so much for all the trouble you are taking
to get us settled.
Sincerely,
Mildred Adaeis
Mr. Marcus A. Harris
Federal Reserve flank of New
New Tork 45, 8ew Xork
October 27, 1954
Dear Mr.
Thenk you so much for your l e t t e r of October 21 giving
us the na&es of professors in this District whom you consider
particularly competent in the field of money and banking* ¥e
are deeply appreciative of such discriminating cooperation*
I shall teke the liberty of consulting you again before a
l e t t e r goes out to these men.
Very sincerely yours,
Mildred Adams
Mr. 3arold V. Roelse
Vice President
Federal Heserre B©nk of New tork
Mev York 45, Hew lork
BOGARDU,
/,/ fnj
October 19, 1954
Dear Ml as Bogardust
I am writing to you in connection with my new job as
assistant to Miss Mildred Adams, Research Director of the Committee on the History of the Federal Reserve System. It is a
most interesting assignment to uncover and record the archives
material that is in each Federal Reserve Bank and the Board of
Governors, and you will be hearing from me later about that
project, I shall very much need the help of my Federal Reserve
Library friends.
Meanwhile, I am undertaking to bring up to date the
information cards in this office for all the Federal Reserve
libraries. These were based on the data given in "Special
Library ResourcesB and the form used there has been retained.
Rather than repeat the information given for your library for
you to correct and revise, I thought it would be easier for
you to make fresh notations, and I have only inserted what I
knew to be recent data. I shall be aost grateful for your
aid in this.
Sincerely yours,
Marguerite Burnett
Me.
Miss Janet Bogarcius
Librerian
Federal Reserve Bank of Mew York
33 Liberty Street
New York 45, N. Y.
TWth»L RB6EKIB BAM OF SEV ?OBK - LIBRAE!
33 Liberty Street, Hew lork 45> Hew York
^^
K»t« 1920
Librarians Janet Bogardus
Ka«e«r«h Oepart»ent - Vioe ?r#»ident in charge* (Blame)
Lifefmrifta report* tot Charlee A. Coombs, Manager of Ke6e«rch Department
Stafft Total Profe«»ional •
Servest
Ho.
P*aaphl«t»t
Ho* Boundt
Added Annu&llyi
Disposal of othersi
Vertical f i l e uravetrsi
i o , Nevapaparfi
Speel&l collection*!
Vo. Bound or on
microfilmi
Library public*tion»i
DI^CBXPflOH Of LIBRAE! (Subjects etr«i««d, «tc.)
Doe« Library prepare an annual report?
end i f so, where?
of supervisor of the Bank's correspondence f i l e s s
Officer to vhoa ahe reports (na»e and t i t l e ) t
I t ft fUEEsary published,
MISC. 3 '
(MISC. 3.3—6OM—2-S2)
FEDERAL RESERVE BANK
OF NEW YORK
OFFICE CORRESPONDENCE
FIATE:
Mr. Waage
FROM
Money and Banking Teachers Suggested
f,. H. Madden
Federal
Clif Kreps end: I have selected from the MT list two groups of teachers
who might be considered particularly well equipped and interested in Knowing
about, the projected history of the Federal Reserve System. The first group
consists of older men, those v/ho might be called experts and authorities in the
field. The (relatively) "younger" group are men who, while not presently considered by themselves or others as experts or authorities, seem to us tc sho?/
great promise for the future. The lists follow:
Authorities
o
Mr. Max Gideonse,
Chairman, JJept. of Economics,
Rutgers University,
New Brunswick, NJ
Prof. James W. Angell,
Columbia University,
V 4.05 Fayerweather Hall,
New York 27, NY
/ Prof. Benjamin H. Beckhart,
){ Columbia University,
$10 Business Building,
New York 27, NY
Miss Margaret Myers,
Vassar College,
Poughkeepsie, NY
Mr. Jules I. Bogen,
I
Graduate School of Business Admin.,
+/ New York University,
90 Trinity Place, NY 6, NY
Mr. Harold L. Heed,
Cornell University, ,/~
Ithaca, NY
M
I Prof. John M. Chapman,
1 Columbia University,
514- Business Building,
New York 27, NY
Mr. B-aymond Rodgers,
School of Commerce, accounts & Fin.,
New lork University,
y
Washington Souare, NY 3, ^Y
Mr. William E. Dunkman,
University of Rochester,
Rochester, NY
Mr. iidarcus Nadier,
Graduate School of Bus.
,
New iork University,
»/
90 Trinity Piece, NY 6, NY
Prof. William Howard Steiner,
Brooklyn College,
Brooklyn, NY
-A
Mr. J. Brooke Willis,
Columbia University,
512 Business Building,
New York 27, NY
MISC. 3
-
(MISC. 3.3—6OM—2-52)
FEDERAL RESERVE BANK
OF NEW YORK
OFFICE CORRESPONDENCE
DATESUBJECT:.
TO.
FROM.
-2(cont.)
II
Relatively Younger Men
y
Dr. Austin S. Murphy,
Seton Hall University,v
South Orange, NJ
Mr. Jerome B. Cohen,
City College of the City
of New York,
17 Lexington Ave.,
New York 10, NY
Mr. Donald 0(Connelly Assistant Dean,
Columbia University,
309 Business Building,
Ne# York, NY
Mr. Walter Haines,
College of Arts ana Sciences,
New York University,
University Heights,
New lork 53, NY
V
V
\/
MT, John Chalmers,
Harpur College,
Endicott, NY
Dr. Robert W. Johnson,
/School of Business Administration,
University of Buffalo,
Buffalo H , NY
Mr. Eric V*. Laws on,
Slocum Hall,
Syracuse University,
Syracuse, 111
Prof. Edward Marcus,
Brooklyn College,
1/ Brooklyn, NY
g
Prof. Raymond J. Saulnier,
Columbia University,
34-0 Mixlbank Hail,
X
New York 27, NY
Dr. Harold «i. Somers, Dean,
School of Bus. AOministration,
The University of Buffalo,
Buffalo, til
A
uir. Henry H. Villard,
City College of the City of
New York,
i /
139 Street & Convent Ave.,
New York 3 1 , N Y
Prof. Melvin I. White,
Department of Economics,
Brooklyn College,
Brooklyn, wY
V
September 21, 1954
Dear Mr. Roelsei
I think you know, from a letter which Mr. Allan Sproul
recently -wrote, that this Coaaittee now has its five-year grant
and is ready to embark on the definitive study of the Federal
Reserve System for which the grant was made.
It goes without saying that we need the very best help
we can get in order to achieve work of the quality we aim for.
Thus far we have limited our area of consultation to experts uore
or less immediately at hand, but we now are eager to widen the
circle of qualified nen who are aware of the project and interested
in it.
Ve understand that you have a list of people who are
teaching money and banking in the Hew York region. Could you.
give us, not the full list, but a carefully selected list of
those particularly well equipped who would be interested in
knowing about this project, and even, perhaps, in working in
some phase of it? That phrase wcarefully selected" refers, of
course, to caliber of raind and skill - we have every desire to
Include men of rs&ny opinions, including those who have shown
themselves critical.
"What we aim at is e list of the top 150 to 200 men In
the country who sre actively interested in studying various phases
of the System and we are most anxious to include a proper proportion
of those in the New York district. Ve will be very grateful for your
cooperation in this.
Very sincerely yoiirs,
Mildred Adans
Hesearch Director
Mr. Harold V. Roelse
Vice President
Federal Reserve Bank of New York
Hew York 45, Hew York
p
September 15, 1954
Dear Mr. Boelse:
Thanks so much for letting me
see this letter from Mr. Mynors. Vith
your permission, I will pass on the
information about the book to Mr,
Woodward and Dr. Walter Stewart,
both of whom are deeply interested.
Gratefully yours,
Mildred Adams
CLAY, Henry
COPY
BAM OF ENGLAND
9
6th September 1954.
Dear Harold,
Henry Clay's death vas a great shock to all of us here.
Although it vas already some years since he retired, he often dropped
in to lunch, particularly vhen he was here working on material for his
life of Lord Norman, so that he had still remained one of the family
party.
1 can well understand that the Coramittee concerned with
the Strong papers will be interested in Clay1 s work on Nonaan: but it
is a little early to tell you just what the position is. Froa what
Henry had said from time to time, I believe that he had just about
completed the first draft of the biography, saving perhaps the last
chspter or two. He had told is© that he thought it would need a good
deal of re-working to get the balance of different chapters in the
right relationship, and so on.
With the complete agreement of his f&raily, we are proposing to get this draft up here from Oxford and see whether in our
best judgment it merely ne©ds preparing for press with footnotes, etc.,
or whether there is in fact a good deal of original work still to b©
done on It. In the light of this judgment we must then try and find
the right person to finish it off. At this stage, therefore, I cantell you only that a substantial amount of work has been donej that
I have no doubt the book will appear sooner or later, but that I have
at present no clear idea of its scope or of the time-table. That it
vill contain plenty of references to Ben Strong I have not the least
doubt, and I will try to let you know when the picture is clearer.
With best regards,
Yours sincerely,
/•/ Humphrey Mynors
Mr. H.V. Roelae.
FEDERAL RESERVE
BANK
OF N E W YORK
N E W Y O R K 45, N. Y.
August 20, 1954-
Miss Mildred Adams,
Research Director,
Committee on the History of the
Federal Reserve Siystem,
33 Liberty Street,
New York 45, N. Y.
Dear Miss Adams:
Thanks very much for the copy of Elmer Wood's paper.
It arrived while I was on vacation and apparently had some
circulation in the Department, so that I just received it a
day or two ago.
Perhaps one or two others, such as Mr. Roosa, would
like to read it before we return it to you, but I shall see
that it gets back to you within a reasonable period.
If you
should need it before I return it, please let me know and I shall
see that you get it.
Sincerely yours,
H. V. Roelse,
Vice President,
Committee on the History of the Federal Reserve System
9, 1954
Bear Hr* Boelsei
Aprops of our discussion of & wek or so ago about the tragio
death of Sir Henry Clay X collected & few more details in Washington
naieh you a s j vent*
The story seems to be that the family v».s going to Holland
for their usual sailing holiday* It was decided that Sir Henry should
be spared the trip scrota the channel in & gffi&ll boat and he vent
ahead by himself with the understanding thut the children were to fol*
low iamediat©ly. Lady d a y w s to come later*
Sir Henry v&3 crossing the street in Mlddelburg men he
hit by an auto going slovly, He was taken to the hospital and an
emergency operation performed but he died within four hours. Hie
children landed the saiae day &nd -y»re iraediately lnfox&ed of i&e
accident, but he died alone* Because his wifeTOLSvisiting a eister
and one son van ted to break the nevs to her personally a fall day
went toy before she knew of it#
So mach for the account of the accident itself, i s for
the book i t is n&ld to be only one-half or tvo-thirds finished and
thus far no plans have bees mad© for carrying i t on*
If your inquiries uncover other iaforssfetion I vould be
aoit grateful i f you -would jshare i t Kith us # and because this book
ties in so closely vlth certain phases of Federal Eegerve history t
do hope the a&nuecript i s in such ahape thf t i t could be finished
and publiahe4«
Very aincerely yours,
Mildred Adams
Research Director
Hr» Harold V» Roelse, ?ic# ?re»ident
Federal Reserve Bank of Nev York
Rew lork A5» Hev lork
BILLISTIfl, Cora
July 7, 1954
Dear Miss Dillistint
I am enclosing the list of subjects covered
by letters in the Book Vault on the 5th floor which ve
examined yesterday.
You will note two question marks which were
put in at the time; one against No. 4-31 • 2 and the other
against No. 44O.2. I think you were not sure about the
exact vording of subjects under these numbers.
In checking these against the classification
list, I find also that the Eligibility Committee is
under No. 431*3 whereas the number I have is 431•£•
If you find that there should be changes
or corrections on this will you please let me know.
Thanks much,
Mildred Adams
Enc.
Miss Lillistin
Room 737
33 Liberty Street
Sew York 45, H. Y.
Federal Reserve Bank of New York
DIRECTORS
JAY
E. CRANE,
Vice President, Standard Oil Company (New Jersey),
New York, N. Y.
Chairman, and Federal Reserve Agent
WILLIAM I. MYERS,
Dean, New York State College of Agriculture, Cornell University, Ithaca, N. Y.
Deputy Chairman
F. PALMER ARMSTRONG,
CLARENCE FRANCIS,
Chairman of the Board,
General Foods Corporation,
New York, N. Y.
President,
The Keyport Banking Company,
Keyport, N. J .
N. BAXTER JACKSON,
Chairman of the Board,
Chemical Bank & Trust Company,
New York, N. Y.
JOHN E. BIERWIRTH,
President, National Distillers Products Corporation,
New York, N. Y.
FRANZ SCHNEIDER,
New York, N. Y.
JOHN E. EVANS,
President, The First National Bank of Poughkeepsie,
Poughkeepsie, N. Y.
LANSING P. SHIELD,
President, The Grand Union Company,
East Paterson, N. J.
OFFICERS
ALLAN SPROUL, President
WILLIAM F . TREIBER, First Vice President
EOBERT G. EOUSE, Vice President
HAROLD A. BILBY, Vice President
HERBERT H. KIMBALL, Vice President
TODD G. TIEBOUT, Vice President and General Counsel
.A--- B<
-fa-WUllNJLH Jin oil K, Vice President £ ,
ARTHUR PHELAN, Vice President
""
HAROLD V. EOELSE, Vice President
VALENTINE WILLIS, Vice President
EEGINALD B. WILTSE, Vice President
JOHN H. WURTS, Vice President
JOHN J. CLARKE, Assistant
General Counsel
•©UWALJJ J . Ciiiu.iJj»ON, Assistant Vice President
PAUL E. FITCHEN, Assistant Vice President
HOWARD D. CROSSE, Assistant Vice President
MARCUS A. HARRIS, Assistant Vice President
FELIX T. DAVIS, Assistant Vice President
*BIL.['IU Ai MiLiiDW? Assistant Vice President
NORMAN P. DAVIS, Assistant Vice President
EOBERT V. EOOSA, Assistant Vice President
HORACE L. SANFORD, Assistant Vice President
ARTHUR II. NOA, Manager, Service Department
ARTHUR I. BLOOMFIELD, Senior Economist
H'lTTTrT M BnYTr-flfrnrrrflrr, Cash Custody Department
-^CHARLES A. COOMBS, Manager, Research Department
HARDING COWAN, Assistant Counsel
GEORGE GARVY, Senior Economist
CLIFTON E. GORDON, Assistant Counsel
EDWARD G. GUY, Assistant Counsel
WILLIAM A. HEINL, Manager, Savings Bond Department
PETER P. LANG, Manager, Foreign Department
ANGUS A. MACINNES, Jr., Manager, Check Department
WILLIAM E. MARPLE, Manager, Credit Department, and
Manager, Discount Department
SPENCER S. MARSH, Jr., Manager, Securities Department
MIQDAEL Ji MoLAuaiiLiy, Manager, Government Check
Department Vv* *-!W ;Qr^(:\p.6 t^. *•
HERBERT A. MUETHER, Manager, Building Operating
Department
DONALD C. NILES, Manager, Planning Department
GREGORY O 'KEEFE, Jr., Assistant Counsel, and
Assistant Secretary
WILLIAM F. PALMER, Manager, Accounting Department
FRANKLIN E. PETERSON, Manager, Cash Department
LAWRENCE E. QUACKENBUSH, Manager, Bank Examinations
Department
WALTEB S. EUSHMORE, Manager, Security Custody
Department
•._•?
*i
u
. y . ? .<•-
- RALPH W. SCHEFFER, Manuge?,'Government Bond Department
KENNETH E. SMALL, Manager, Personnel Department
FREDERICK L. SMEDLEY, Manager, Personnel Department
GEORGE C. SMITH, Manager, Collection Department
THOMAS O. WAAGE, Manager, Public Information Department
A. CHESTER WALTON, Manager, Bank, Relations Department
•Re? E. WEIIDBLL, Manager, Safekeeping Departments,.
* 1;
ARTHUR H. WILLIS, Secretary
E. BOWMAN, General Auditor
5
'
@FedFRASER