The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
c
lute 30,
£*ftr Mr. f&Umt
¥itl* the resignation of Mr. Allan Sproul f ro» toe Presidency
of the F&deral &eserw& Stank of B«v Toric, and his return to California,
aa* coae kits decision t&at he e^n no longer carry on the active ehairosaftixi? of t&fe toafiniitee on tiw» History of the Feoerei reserve System.
Under tbd«e clrewetaa***, •»& «Mb great regret at loai'ig 00
a ciiaixi««ii, the Geanitt** ham 4*ci&*A to accept the offered hotpltaUty of tlie Br*>oilii«* IiieUtuUoa aact to wrre i t s office and i t s
activities to Wa6iii:i^xon. 4 fiev cbainaea lifta not yet beeu
tne worit will go forw&rd there \»der the* broad ais/ervlsiom of the
Prtsiuant of th# Broofciiigs I«&ti tution, £r. Bobert £>. CaXctaa, WHO i»
Mx active aea^er of t&ia Coiaaitt#«.
As s^ own hoae i s in 8e» tovk City, tais ao^e naeeatarlly sarfc*
th« »«T€ir«*iice of ay cumiection vdth the Cons&ittee in tlie cape city of lt#
m&mr<fa director. I Unjok you kaoirfaovsnack I have enjoyed this
iiato slam aistory of tb« System, mm particmlarly t»at part vhic
as into co&tMMit with the F&derel Reserve B%rsk of Clereland. It Is good to
knov taat we oea oontinue to look forward vith great interest to the
of future i'd*<*Aich to follov uader trie scholarly auspices of Brookings.
For i*iach cotrrUsr shono to me in CIeTel?.nd» I vast to Xhvnk
wainiy. You end the liaison officer aopoittted there, vith other
of your staff, hare been contimiingiy kind and cooperative« I saa
svra tbat that cooperation will be extended to ay successor at Broofcings.
We should be grateful i f you trould coating to send correspondence
and printed material to tills CoKBdttee, but la care of the Broolcin<rs Institution, 722 Jftdcaofi Flace, »• ¥•, WashingtaD. 6, B. C. Letters should, uatil
f
notico, be addressed there to Dr. Bobert Calkins in person.
Mr. V« B« Ftiltoa
President
Federal Reserve Bank of Cleveland
Cleveland, Ohio
Mildred adait*
FLICKERS, Harmen B.
February 24, 1956
T Mr* Hinkers:
so jnuch for gending vtg
copies of your nevest organisation charts
for the three offices of th© Federal Res«rre
Bank of Cleveland, They bring our
file up tc date and are most welcome*
Xm& Buratein
Mr. U&VBLWX B. Fllnkers
Issletant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
FLIMERS, H. B.
RESERVE
OF
CLEVELAND
RECEIVED
CLEVELAND I,OHIO
FEB 2 3 1956
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
February 21,
Miss Marguerite Burnett
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York h$, N. I.
Dear Miss Burnett:
Referring to my letter of February 3 there are
enclosed copies of the latest organization charts
for the three offices of this bank.
Very truly yours,
H. B. Flinkers
Assistant Secretary
Enclosures
FUJSK,
Phyllis
Pittsbnrgh Branch
February 10, 1956
Dear Mrs* Funki
We have just received your letter of
February 9th and the enclosed questionnaire oa
Federal Eeserve Bank archival material*
¥e realise not all questions of this
type have readily available answers, and ve are
grateful for the care you devoted to them*
Sincerely yours,
Imia Burstein
Assistant
Mr3* Fnyllis I*. Funk,
Pittsburgh Branch, Federal Reserve
Bank of Cleveland
Pittsburgh 30, Pennsylvania,
7
J
/
P I T T S B U R G H BRANCH
FEDERAL RESERVE
OF CLEVELAND
RECEIVED
PITTSBURGH 3O, PA.
FEB 101956
COMMITTEE ON TH* HISUMW
Miss Ellen Singer, Research Assisfaax^. QYSTfftt
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York U5, New York
Dear Miss SingerEnclosed you will find the completed questionnaire which I
know is long overdue and for which fact we are most sorry. Believe me though, we have been working steadily on the problem
and I have come, up with rather sketchy findings. I understand
that, that which is desirable for an historical file has been
somewhat expanded. I do believe a large part of the success
of this historical endeavor is going to be education of each
staff member as to the spirit and type of material desired. It
is certainly an interesting project and one that I am glad to
be working on in a small way. If there is anyway we may assist
you, please feel free to call upon us.
Sincerely,
Mrs. Phyllis L. Funk
Librarian
Enclosure
FLINKERS, Harmen B,
February 8, 1956
Dear Mr. Hinkers*
X am so glad to hear from you that Mr,
Waning did not retire last year. Aftar I sent the
letter to you, ay secretary called my attention to
the fact that I had probably misread the notice in
tkfc Annual Report of the Federal Reserve Bank of
Clevelandf so I was braced for what is called in
New Jork a good "Bronx cheer."
I do hope, howver, that my letter may
at least have the effect of persuading Mr, Laning
to write his memories of the early years. If
the error will bear good fruit*
X hope that all is well with you*
Most sincerely,
Mildred Adams
Mr. Seraen B. Flinkers
Assistant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
FLINKERS, H .
RESERVE
OF
CLEVELAND
CLEVELAND I.OHIO
February 3,
Miss Mildred Adams, Executive Director
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 1*5, N. I.
Dear His s Adams:
Our mutual friend Al Laning did not retire on July 1st of
last year and is not scheduled for retirement, I believe, for
at least another two years. He did, however, relinquish the
duties of Cashier in order to devote more time to special operating problems affecting the Federal Reserve System.
The idea of having him put into writing his recollections
of the early days of the System is a good one, and I shall pass
your suggestion on to him.
Very truly yours,
H. B. Flinkers
Assistant Secretary
FLICKERS, fl. B .
FEDERAL RESERVE
BANK
OF CLEVELAND
CLEVELAND I.OHIO
RECEIVED
f£B
61956
February 3, 19*6
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RSSEffl* SVSItM
Miss Marguerite Burnett
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York k$, N. Y.
Dear Miss Burnett:
New organization charts for all three offices of this bank
are now in process of preparation, and I shall have copies forwarded
to you when they are available for distribution.
Very truly yours,
H. B. Flinkers
Assistant Secretary
February 2, 1956
Deer Mr# UlnkersJ
Miss Adams wrote you the other day
concerning the *retirement* of Mr« Alfred
ii&nlng* Ve see now that we did not re&d
very carefully, and that Mr# Laning merely
relinquished his duties as Cashier*
Our faces ere rery red* Please
forgive the mistake*
Sincerely,
Irme Bursteln
At-sis tent
Mr. Hermen B. Flinkera
Assistant Secretary
Federal Reserve Bank
Cleveland l f Ohio
January 31i 1956
De&r Mr* Flinkerax
In the annual report which Mr* Hostetler
was kind enough to send U3 I note th&t Mr. Alfred
Leiiing retired last «Tulyt Remembering hovr kind
he v&s, and how interested in historical &&ttersf
makes a© vonder vdiether he might be one of those
rar© retired officers wno will sit dovn to s*ake
note and write descriptions of ^hst he remembers
of the early dtys of the Bank, If SO| hie mamoranda mi^ht enrich /our ovn good early records,
and by extension, our knowledge of vh&t went on
in Cleveland*
If you find him willing and interested,
do let me know*
Cordially yours,
Mildred Adams
Mr* Hansan B. Flinksrs
Assistant Secretary
Federal Heserve Bank
Cleveland 1, Ohio
FLIMERS, HArmen B.
January 31,
Mr. Harraen B. Flinkera
Assistant Secretary
Federal Reserve Bank of Cleveland
Cleveland, Ohio
Bear Mr* Flinkerst
May I trouble you for information about the latest edition of
the Organisation Chart of the Federal Reserve **ank of Cleveland. "$e
have received none since 195>U and i*ould like to have one with later
information if a ssore recent edition has been issued•
Your assistance in bringing our file up to date will be auch
appreciated.
Very truly yours,
Marguerite Burnett
January 31» 1956
Dear Mr* Hootetler*
It waa kind of you to aend us your very
interesting year-end report* I found it most
illuminating, and full of the characteristics
that make for good public relations* I hope the
Fourth District w&s properly vocal and appreciative.
Gratefully yours*
Mildred Ada&s
Mr. Merle Hostetler
Director of Research
Federal Reserve Bank
Cleveland l f Ohio
FLICKERS, H. B,
7, 1955
Dear Mr, Flinkersi
Thanks so much for your kindneas in
sending us the list of persons occupying position*
of Deputy Governor or Tic© Fresidtnt, and th«
list of other officers* of the Fedtral Reserve
Bank of Cleveland# This will enable ue to sake
the necessary corrections in our cm. list* It
was most kind of you to ®@nd us so quick a reCordially your$f
Mr, H. B. FlinkerB
Assistant Secret&ry
Federal Re serve Bank
Cleveland 1, Ohio
FLINKERS, Harmen B
October 24, 1955
Bear Mr* flinkerss
In the process of completing our file on men vho have served as Federal
Bank officers, we would be most grateful for your further aid.
Our listinglof Vice Presidents (&nd Ifeputy Governors) of the Federal
Reserve Bank of Cleveland over the years s t i l l has holes in it« Thanks to jour
cooperation, ve have information on many of theza, but we need some way of check-*
ing those "who are s t i l l Biasing* Would you, therefore, be kind enough to send us
& l i s t of a l l Vice Presidents {tnd Deputy Governors) vho have served in the
Cleveland Bank since the beginning? We would like to have vith their n&mea the
dates of their service in the Bank, and also the dates of their various officerships, t h i s will enable us to check off those for whom our information i s a l ready complete and to s t a r t the search for biographic data oa those now aissing
in our records*
One point that has given us trouble i s the office of Cashier. W@ have
found that in some Federal Reserve Banks the Cashier i s a Vice President (in
union case ve vent to include him as suehjj in other bfenks the office of Cashier
ranks below a Vice Presidency. This practice may have varied with the years,
but our present interest in in only those #10 have ranked or do rank as Vice
Presidents (or Deputy Governors},
there i s no immediate rush on this, but we would be grateful if you
could send us the requested information within the next two or three veefca i f
possible.
Meanwhile srny w send warm thanks for your continued assistance*
i s of the greatest help and ®ost genuinely appreciated*
Sincerely yours,
Hildred Adams
Mr# Harmen B« Flickers
Assistant Secretory
Federal Reserve Bank
Cleveland 1^ Ohio
It
FLICKERS, Hsrmen B.
October 19 f 1955
Mr. Flinkers*
As liaison officer appointed by the Federal Reserve Bank of Cleveland to
deal with this Committee, you probably know that one of our most difficult problems has been that of preparing a list of specific records "which, chosen from the
mass of material handled in the Reserve Bank, can be labelled as having historical
value end therefore being worthy of long retention.
After a series of visits made to the twelve regional banks and of consultations kindly made possible during those visits, ve realize that some of the valuable early materiel has already been discarded in sos© of the Federal Reserve Banks
and is lost to us* The best we can hope is that -what is still left will be retained,
whether it is in general •uncurrent* files, or in departmental files, or in the private files of older officers.
In the above connection, the Subcommittee on Destruction of Records whicht
1 understand, functions under the Committee on Miscellaneous Operations of the Conference of Presidents, was given the assignment of conferring with the staff of this
Committee with a view of developing guides and standards for the preservation of
historical material by the Federal Reserve Banks* As you know, Mr* P* Breidenbach
represents tfo© Federal Reserve Bank of Cleveland on that Subcommittee*
At the meeting of the Subcommittee held in New Xork on October 5-7* 1955§
I conferred with, the members of the Subcommittee Bnd we then developed jointly the
ettached list of records and other papers which is suggestive of the types of material oir Committee is seeking to preserve for historical purposes*
While the Subcommittee has informed me that the material here referred t©
will form a part of its next report to the Committee on Miscellaneous Operations,
1 am hopeful that, in the meantime, such material will prove helpful to you in deciding upon the propriety of the disposal of particular records*
Very truly yours*
Mildred Adams
Mr* Harmen B. Hinkers
Assistant Secretary
Federal Reserve Bank
Cleveland l t Ohio
FLICKERS, Harmen
August 19, 1955
Dear Mr. Flinkersi
Tils is a very late thank-you for the two tasks you
did for us, first, the sending of biographic material, and
second, the eereful filling out of the "Preliminary Questionnaire on Files and Historical Source Material,"
As you noted, there vss some overlapping between
the latter and our questionnaire on libraries, but that is
because ve vanted to cover both divisions completely* an<*
banks differ in -where they put vhat# This, in addition to
•what I learned in Cleveland, gives me a very good picture of
the whereabouts of available data*
I hope your suramer has been better than ours and
that all goes well with you.
Cordially yours,
Mildred Adams
Mr» Harmon B, Flinkers
Assistant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
FLICKERS, H . b .
FEDERAL RESERVE
OF
££ ^
E 1V E D
CLEVELAND
CLEVELAND I,OHIO
A! in 1 ^ 1955
Hiss itLldred Adams
Executive Director
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York h5, New York
Dear Hiss Adams:
We return to you the questionnaire which was included in
your letter of July 19, which we hope has been answered satisfactorily.
Our source material as you know is not centralized, and
that fact is indicated on the enclosed questionnaire. At the
same time we have tried to make our answers to this questionnaire
tie in with those in the one we returned to liiss Burnett on
April 12.
Very truly yours y
-»
H. B. Flinkers
Assistant Secretary
Enclosure
FLICKERS, H. B,
FEDEKAL
OF
RESERVE
CLEVELx\ND
CLEVELAND
I.OHIO
August 5,
RECEIVED
Miss Mildred Adams
Executive Director
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York l£, New York
AUG 8 1955
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
Dear Miss Adans:
We are returning to you the schedules enclosed with your
letter of July 19 on which we have indicated the biographic
material you requested about individuals connected with this
bank.
There isn't too much material available about Stacey B.
Rankin, Sr., but we are pursuing our inquiry a little further.
If anything additional is developed we shall let you know.
Please let us know if we can be of any further assistance.
Very truly yours,
H. B. Flinkers
Assistant Secretary
Enclosures
1
FLICKERS, Harmen B.
July 27, 1955
Dear Mr. Flinksrsi
Bank in February, Mr, Sproul wrote to Mr. Fulton asking for the
appointing of an officer with whom the staff of this Cojamittee could establish liaison, and -who would "act es guide to the supervisor of your files,
your custodian of storage records, your librarian, officers, department
heads, or anyone else vho might have questions about the destruction of
records, reports or studies in which the Committee may have an interest**
¥e understand that Mr. Fulton asked you to accept this assignment*
In the intervening months we have been trying to find some basis
for collecting date on the files and file materiel which the various banks /
keep, and on the patterns by which they discard. We have finally decided
that we neod first to know certain basic facts about filing practices in
the various banks*
We have therefor© worked out e skeleton questionnaire on files
which will| with your cooperation, give us a starting point on this inquiry.
If you would be kind enough to have its blank spaces filled and the questionnaire returned (by August 19th, if that is not asking too much in & ;.,
vacation period), we will have the basis for a better understanding of what
material of historical value w© can and cannot hope to find preserved in
your files.
!The Cosnaittee would want me to thank you in advance for your
kind cooperation in this matter*
v
fery sincerely yours,
Mildred Adams
Hr. Hsnaen B. Flinkers
Federal Reserve Bank
Cleveland 1, Ohio
../ ' '
lac* ;
FLINKERS, H.B.
1
-::;M • •
.
Mr. H . B. Plinkers
Assistant Secretary
f
/ -7
J
!?
-
|v
1' .
>
' ,
'.
'
"
Federal Kessrve Bank
Clevelojsd, O h i o
: :
V'
July 19, 1955
• '|
"••' : .;
,.:jj-
I
:
:
'--;* • • ' >'y
•• .' t.""
|
• i
J
BitrHr. Flinkers:
You have been so kind in getting us needed data that I as
taking the liberty of writing you again in an appeal for further aid.
We are now in the familiar position of those who start to collect
with a rather loose hand, end then find themselves obliged to refine. On
r*-6X8usiBdng the biographic material which came from Boston, we find fifteen
people for whom we need more information than we have.
We very auch hope that your records will yield this additional
data, A list of the wen concerned is enclosed, with a career blank for each
one. In case we are, as sometimes happens, asking for more than is available, may I say that the categories of information most important for our
present purposes are the following!
Full name
Date and place of birth
Date of death
Federal Reserve service record
Education
Career data
Home address, or that of surviving relative.
One other imperative is the tise element. We are under pressure
to get this data together as quickly as possible. Much as we hate to push,
X know that in scheduling this you will want to know that Monday, August 8th,
is a deadline for us.
*fy deep gratitude in advance•
Very sincerely yours,
Mildred Adams
c
Cleveland
Unless otherwise indicated, all information on
attached blanks is needed for each person listed.
Bagley, Clifford H. (Director. Class B, 1914-16) (need information
on extent of education only)
?
ft
Bainer, John D. (Director, Class A, 194S- ) (need information on
'
education!only)
^
Connor, Ben E. (Director, Class A, 1951- ) (need information on
^
education only)
Crabbs, George D. (Director, Class A, 1924.-47) (need information on
education only)
Davis, Thomas J* (Federal Advisory Council, 1939) (need birth date only)
De Camp, George (Director, Class C, 1926-43) (need date and place of
birth only)
Klages, Reynold E. (Director, Class C, 1937-48) (need information on
education only)
Kossin, John W. (Vice President)
?
Laupp, Hugo E. (Director, 1950-53) (need information on education only)
Morrison, Martin (Vice President) (need place of birth, exact date of
and information on education)
^
Patrick, A. B. (Director, Class B, 1914-15)
Rankin, Stacy B., Sr. (Director, Class A, 1914-18) %need information on
extent of education only)
Smith, H, E. J. (Vice President) (need full name, date and place of
birth, only)
Stone, J. C. (Director, Class C, 1939-40)
Wolfe, Harry Preston (Director, Class C, 1914-21) (need information
on extent of education only)
FUriK, ^Hyilis
PITTSBURGH
BRANCH
FEDERAL RESERVE BANK
OF
CLEVELAND
PITTSBURGH 3O, PA.
July 19, 1955
Miss Ellen Singer, Research Assistant
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 45, N. Y.
Dear Miss Singer:
Thank you so much for your kind letter of June 27*
I am sorry that I have not been able to complete the
questionnaire you sent to us» It is my desire to check
all of our holdings, and as they are scattered, it will
take some time* Be assured our interest is high in
this particular project as I have a personal love for
historical study.
If we may be of help, please do not hesitate to call
upon us*
Sincerely,
Phyllis L* Funk
Librarian
AMR
FUNK, Phyllis
c
June 27, 1955
Mrs. Phyllis Funk, Librarian
Federal Reserve Bank of Hew lork
Pittsburgh Branch
Pittsburgh, Pennsylvania
Dear Mrs. Funk:
Miss Marguerite Burnett of the staff of this Cornnittee
asked me to send you the enclosed questionnaire on
archival material• I as sending it in duplicate so that
|
there will be one copy for your owr. files and one copy to |j
Vi
return to us.
^
Miss Burnett told all oi" us that talking with you was
a particular high point of her visit to Detroit•
Very sincerely yours,
Q ,
C
\rch $sed«^
i
FLIiMKERS, H. B.
Msy 9, 1955
Mr. Flinkers*
Taanks so much for the biographic
material on Mr. A. B, Patrick, 'which arrived
this morning• Tour assistance in this matter
of difficult searching for matters of past interest is most warmly appreciated*
I hope the spring has come to Cleveland without too harsh lake breezes to shake
the buds of May*
Cordially yours,
Mildred Adams
Mr, H. B. FHnkera
Assistant Secretary
Federal Beserve Bank
Cleveland 1, Ohio
FLICKERS, H. B.
FEDEKAL RESERVE
OF CLEVELAND
CLEVELAND I, OHIO
MftV
9
May 6, 1955
Miss Mildred Adams, Research Director
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York h$, New York
Dear Miss Adams:
Referring to our earlier correspondence, we now enclose a
brief biography of A. B. Patrick, another of the first directors
of this bank.
Very truly yours,
H. B. Flinkers
Assistant Secretary
Enclosure
FLINKERS, Harmen B.
Kay 2, 1955
Bear Mr» Flinkers:
Thanks ao much for the biographical sketch
of Mr. C« H. Begley, one of your early directors,
vho, I note vita astonishment, v&s born in 1844 aa<3
died in 1934*
Wouldn't i t have been -wonderful i f anyone
had set down for him his early days as Treasurer
and member of the board of directors of the Federal
Reserve B&nk. Comparing the wrld of 1916 with that
of the days vh&n tie grew up -would be e. story in i t self, but I aasuae that this i s one of those afterthoughts "which are a l l too common in the historical
pursuit*
I hope the spring in Cleveland i s being
kind.
Cordially yours,
Mildred Adams
Mr. H. B# Flinkere
Assistant Secretary
Federal Beserve Bank
Cleveland 1, Ohio
FLICKERS, Harmen B.
FEDERAL HESERVE
"RECEIVED
CLEVELAND I, OHIO
i
l
M
-
1
MAY 2 1955
COMMITTEE ON THE HUTOHY
Miss Mildred Adams, Research Director
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 1±5>, New York
Dear Miss Adams:
Referring to my letter of March 22, there is enclosed for
your information and files a brief biographical sketch of C. H.
Bagley, of Corry, Pennsylvania, one of the first directors of
this bank. This sketch was provided by a grandnephew of our
former director.
Please note that Mr. Bagley's first name was Clifford and
that he served as Treasurer and General Manager of Ajax Iron
Works, also of Corry. Our records have previously shown him
as President.
At the time of his service as director of this bank, his
official capacity apparently was that of Treasurer. He is listed
in that capacity in a circular letter issued by this bank November
18, 1916, announcing the candidates for director nominated by the
member banks in the voting group that year.
Very truly yours,
H. B. Flinkers
Assistant Secretary
Enclosure
RECEIVED
CLIFFORD H. BAGLEY
MAY 2 1955
OOMMfTTCE ON THE WtTOAY
Born June 20, 1814;, at Hunts Hollow, New York.
Died - November 26, 193k.
OF TM£
FEDERAL RESERVE SYSTEM
(In California)
Came to Corry in the early 70s.
In 1877 Harmon, Gibbs Bliss & Mr. Bagley started to make drilling engines for the
oil fields.
This company was known as Hannon & Gibbs & Co. and later name was
changed to Ajax Iron Works.
Mr. Bagley had one daughter - Helen, who married a Dr. Waggoner and lived in California.
The late Mrs. L. L. Bliss was a sister of Mr. Bagley.
Mrs. Bliss's grandsons are now living in Cony—Clifford F. Bliss and Harry B.
Smith.
Mr. Bagley was Treasurer and General Manager of Ajax Iron Works for many years.
In 1883 Mr. Bagley served as a member of the Building Committee which built the
present First Presbyterian Church.
Later he joined the Methodist Church and was
active in this Church.
He was a member of the iiasonic Lodge, and served as High Priest of Columbus Royal
Arch Chapter for the years of I889 and 1890.
He built and lived in his home on the northwest corner of East Smith and Wright
Streets for many years.
He was one of the pioneers of automobile owners in Corry.
FLICKERS, H . ti.
RESERVE
OF
23ANK
CI^EVEJ^AJSTD
CLEVELAND I,OHIO
R EC EIVED
APR 13 1955
COAWMTTCE
OF THE
FEDERAL RESERVE SYSTEM
Miss Marguerite Burnett
Research Associate
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York U5, New York
Dear Miss Burnett:
As requested in your letter of March 9 addressed to Miss Klahre,
we enclose our reply to the "Preliminary Questionnaire of Federal
Reserve Bank Archival Material".
We have, however, elected to expand the form originally sent us
rather than to use that form with various addenda.
Enclosed also as requested are copies of the organization charts
of the main office of this bank, as well as of the Cincinnati and
Pittsburgh branches. A fairly complete file of previous editions of
these charts is available in our library and also in our Planning
Department.
Very truly yours,
H. B. Flinkers
Assistant Secretary
Enclosures
FLICKERS, Harmen B.
March 23, 1955
Dear Mr* Flinkers:
Vhen I came in this morning, the
two folders of photostats of clippings vaich
you had prepared and the career data were
ell on my desk. It is a beautiful job, and
we are ever so grateful to you for putting
tiiis together. It will be very valuable to
people working on this project, we would be
glad to have any further information you can
turn up on Mr. Begley end Mr* Patrick.
I know that the Coaanittee would
want me to thank you in their names as veil
as ray own.
Cordial!./ yours,
Mildred Adams
Mr. Harsaen B. Flinker®
Assistant Secretary
Federal Reserve Benk
Cleveland 1, Ohio
FLIWKERS, Harmen B.
FEDERAL RE SERVE
ICE1VED
MAR 2 3 1955
CLEVELAND I.OHIO
COMMITTEE ON THE HISTORY
OF THE
FEDERAL
Miss Mildred Adams, Research Director
Committee on the History of -the
Federal Reserve System
33 Liberty Street
New York hS, New York
Dear riiss Adams:
Under separate cover we are forwarding you for your files such
biographical material as we have been able to find about the individuals in the list of names that you left with Mr. Clouse when you
visited us in January. This material includes references to standard
sources of information as well as photostats of clippings and articles
of a purely local nature.
Forwarded also for your files are photostat copies of two books
of clippings relating to the early history of this bank. These books
contain some biographical information about the individuals who were
identified with this bank in its earlier days.
We have made inquiries in both Cleveland and Cincinnati regarding
Charles E. Starek without result, and we are tlying to develop more
information about Clarence H. Bagley and A. B. Patrick through our
branch offices.
Very truly yours3
H. B. Flinkers
Assistant Secretary
KLAHRE, Ethel
March 9, 1955
Miss Ethel Klahre, Librarian
Federal Reserve Bank of Cleveland,
Cleveland, 1, Ohio.
Dear Ethel,
•
•.
'
[' _'; Z-
The enclosed questionnaire is a folloiiMip on Miss Adams 1 recent
visit to your Bank and in some instances it may duplicate questions she
has already asked* If so, we beg your indulgence, as the filling out of
this record ?dll help us fona a comprehensive picture of the way the Beserve Banks keep their archival material« This" will be followed later by
a second questionnaire framed to po more in detail into the iraterials
most vital for System history*
I at the same time ask if a 19$$ edition of your Bankfs
Organization Chart has been issued? Ke should lite to have a copy when
it becomes available* Gould you have our naias placed on the permanent
mailing list SD that we nay receive new e ditions automatical!!^ in the
future?
At your convenience we should appreciate your reporting to rm
how extensive a series of the previous editions of these Organization
Charts your Bank has on hand, listing the dates ani where they are filed*
Sincerely yours*
Marguerite Burnett
Research Associate
• V.
FEDERAL RESERVE
C
RECEIVED
OF
W. D. FULTON, PRESIDENT
FEB15
COMMITTEE ON THE HISTORY
February H , 1955
OF THE
FEDERAL RESERVE SYSTEM
Mr. Allan Sprbdl, President
Federal Reserve Bank of New York
New York, N. Y.
Dear Allan:
When Miss Mildred Adams visited our bank,
reviewing the material which we have available
and might develop for the Committee on the
History of the Federal Reserve System, we discussed at some length the destruction of records
» and the preservation of those of historical value,
J We promised her at that time that nothing would
I be destroyed except routine items until they had
I been cleared with her.
Mr. Harmen Flickers, Assistant Secretary of
this bank, has been given the assignment to work
with Miss Adams and he is fully conversant with the
problem of the retention of records.
A copy of your letter is being placed on
file with our archives committee so that steps will
be taken to preserve items of historical value. I
suggest that your staff communicate with Mr. Flinkers
with reference to the work of the Committee.
Sincerely,
W. D. Fulton
FLICKERS, Haraen
February 4, 1955
Bear Mr. Flinkers:
I am sure ve owe to you the copy of FEDER&i.
F.ESIRTE NOTES which came to ay desk this week* I sm
delighted f to have such ple&s&rt publicity for the
CoKffiittee E vork, end I «3i sure th&t tae Cofia&ittee
Eesbers v i l l be pleased* The more that people- knov
fi.bo\it i^iiat ve are trying to do, the easier i t v i l l be
to do i t .
i s for the photograph, the general reaction
of the staff here i s that obT5,ously Cleveland i s a
veiy pleasant place to work in and full of nice people*
Cordially /ours.
Hildred Ad&cas
Mr. Haraen B. Flinkers
Assistant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
KLAHEEgi Ethel
January 24, 1955
Dear Hi as Klahres
Your letter of January 21st, with the information
we requested, arrived this -aoming, and ve are very gr&tified at your prompt reply*
¥e say very well take you up on your offer of
further assistance when similar questions arise*
Gratefully,
Secretary
Miss Ethel S* Klahre, Librarian
Federal Reserve Bank of Clevel&nd
Cleveland 1, Ohio
RECEIVED
FEDERAL RESEITVTE
JAN 2 4 1955
(
OF
COMMITTEE ON THE HISTORY
CLEVELAND I,OHIO
OF THE
FEDERAL RESERVE SYSTEM
January 2 1 , 1955
Miss Irraa Burstein
Committee on the History of the Federal Reserve System
33 Liberty Street
New York h$, New York
Dear Miss Burstein:
In accordance with your request of January 17, 1955* we are listing
the following information:
Bradford, Frederick A
f j>"\
\ Tk&u* /
Recent Banking Development in the City of Cleveland)
regional study. 1926. 172 p.
a
Coates, Francis, Jr.
Clearing House Departments of Examination, Their
Development and Operation) as discussed at the
annual dinner of the Robert Morris Club at Detroit,
Michigan, June 12, 1919*
Fundamentals of an External Examination of a Bank
(In American Institute of Banking. Convention,
Cleveland, July 1923. p. 31-33)
How Secure to Make a Bank... Cleveland Clearing
House Association, c. 1921.
Standardized Financial Statements and Clearing
House Departments of Credit) as discussed before
the meeting of Clearing House examiners at the
Atlantic City Convention of the American Bankers
Association, September 2U, 1917.
%>£-'• •'•*-M S ilvfls?
Taking Inventory... 1916.
We are glad to be of assistance and hope that you will call on us again,
if we can be of further help.
Very truly yours,
Ethel S. Klahre
Librarian
K:A
KLAHRE, Ethel
January 17, 1955
Dear Kiss Slahre:
I am writing, at Miss Adams1 request, to s.sk you
for two bits of information which would be of value to us
in this project.
First, we would like to know the title of a thesis
on the history of banks in Cleveland by Mr* Frederick A.
Bradford and secondly, the titles of any material written
by Mr* Co&tes of the Clearing House.
Hey I thank you in advance for your kindness in
this matter. We will appreciate whatever information you
can send us.
Sincerely,
Secretary
Miss Ethel Klahre
Federal Reserve Bank
of Cleveland
Cleveland 1, Ohio
FLICKERS, Harmen
January 24, 1955
Bear Mr, Flinkers*
The file of information on directors e&aie this Horning
and gave us the feeling that we can nov really set up the Cleveland file &s it should be. If only the other banks will be &s
kind, we can really get our personnel files in proper shape*
Also, I B& very glad to have the information conceraing
the •executive* files of Mr. Fleming and Mr, Uidney* It is most
kind of you to have given us such quick and complete cooperation*
Gratefully yours,
Mildred Adams
Mr. Harmen B« Flinkers
Assistant Secretary
Federal Reserve Beak of
Cleveland
Cleveliuid l f Ohio
RESERVE
RECEIVED
CLEVELAND
CLEVELAND I,OHIO
JAN 2 4 1955
COMMITTEE ON THE HISTORY
OF THE
FEDERAt RESERVE SYSTEM
January 21,
Miss Mildred Adams, Research Director
Committee on the History of the Federal
Reserve System
33 Liberty Street
New York hS9 New York
Dear Miss Adams:
Thank you for your very nice letter of January ±k regarding
your visit to Cleveland. I am happy to know that you feel it
was a worth-while trip.
As requested in your letter, we enclose to you complete data
on the terms of service of all the directors of this bank and its
branches from 19lit to date.
Answering also your letter of January 17 the "executive"
files of both Mr, Fleming and Mr. Gidney have been "worked" to
sort out the correspondence relating to bank matters which was
then turned over to the general correspondence files (Mrs. Bettcher)
Most of said correspondence has now found its way to our archives
where it will be held for microfilming.
Sincerely yours,
^
H. B. Flinkers
Assistant Secretary
Enclosures
TH
OMPSON, Donald
FEI>E:RAJL E E S E K Y E BANK:
OJF
OFFICE OF
FIRST VICE PRESIDENT
EIVED
JAN 2 4 1955
January 21, 1955
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
Dear Miss Adams:
Thank you for your letter of January 20.
I shall be very happy to get in touch with
you the next time I come to New York. I
assure you, however, that you will be very
disappointed if you let your expectations
rise too much.
Don IToodward is a very kind and generous
friend and occasionally his friendship leads
him to indulge in hyperbole. Please give him
my best regards the next time you see him.
Sincerely yours,
Donald S. Thompson
Miss Mildred Adams, Research Director
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 45 } New York
THOMPSON, Donald
c
January 20, 1955
Dear Mr. Thompson:
I have been writing ®than& you* notes to Mr. Fulton
and Mr. Flinkers for their kindness to me in Cleveland
last week, but this one will contain regrets, if not
actual apologies* When I got back to New York, I was told
by Donald Vooawarc, secretary of this Committee and your
warra admirer, that it was ?11 very well to have sat beside
you at luncheon but why hadn't I asked for a longer conference with you? None of the noises I made in reply about
a short visit and an arranged progrsa satisfied hi® or me.
May I therefore move to remedy what was clearly a
lapse on my part by expressing the hope that you may be
coming to New York in the not too distant future, and that
when you do coiae, you will be kind enough to stop in here.
I am sorry to have missed a long t&ik with "one of the most
knowledgeable people in the System8, and I shall certainly
hope to make it up.
Very sincerely yours,
Mildred Adeas
Mr. Donald Thompson
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
FLINKERS, Harmen
January 17, 1955
Dear Mr, Flinkers:
Checking over the abundant material T*?hich I
brought back fro® Cleveland, I find that I neglected to
note the present location of the executive files of those
presidents who preceded Mr. Fulton - that is, -whether
they have gone to the archives or the general files.
If you could send us this bit of information,
it will rid us of another of those gaps i*hich we ar» always anxious to fill in*
Hy thanks for your courtesy in this as well as
all other matters*
very sincerely yours,
Mildred Adams
Mr* H&xmen B. Flinkers
Assistant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
FULTON, W. D .
J&nu&ry M , 1955
Bear Mr.
It v&g a greet pleasure to be in Cleveland, and to
aeet with such kindness end courtesy on the part of your officers and your staff. People searched their memories and their
files for me, and the slow process of compiling pertinent info raption for this history project vill greatly benefit by the
d&ta they got for meI hope to come back before too long and to fill in
•what «re always gaps left &fter a first visit. Meanwhile, may
I again send you my most appreciative thanks*
*"ery sincerely yours,
Mildred Adams
Mr, V. D, Fulton, President
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
FLINKERS, Harmen
January 14> 1955
Dear Kr. Flinkers:
Tou ver« so kind and efficient in Cleveland - a combination
seldom found anywhere - that any thanks of isine will be inadequate,
nevertheless, I do want to put thea down on paper. I came aT,?ay from
Cleveland feeling that I had done the things planned, As for the
thousands of other things undone, at least I knew what some of them
vere, ell oi' which was highly satisfactory*
We have not yet had time to check over the abundant biographical Ea&tsrial which I w&s furnished, but when we get through it,
I will probably be writing for some missing dates. Meanwhile, I think
I told you that we seem to have ths complete list of directors, year
by year, up to 1925 and frost 1951 on. If you could have those 20 odd
year3 filled in for us, it would very auch help in completing our files
on individuals- I think you said there was a list that could be photostated that would give us that information easily*
I was sorry to leave without a personal farewell to all the
people who were so kind. If you would do that for me, I would be very
grateful•
Cordially yours,
Mildred Adams
Mr, Harden B. Flinkers
Assistant Secretary
Federal Reserve Bank
Cleveland 1, Ohio
_ __ _
.
_.
„...
. o f FR System
OF NEW YORK
SENT BY
Federal Reserve Bank of Clrreland
Cleveland 1, Ohio
I have cfaaoged hotel reservatioti to Cleveland Hotel*
rl
*
•J
Mildred
SEND TO FILES
£NY
NY CLV 124-7-1230
OH
1
gB
H h
«
1555 JAN 7 PM \2 4 ,
MILDRED ADAMS
WE ARE NOT MAKING ANY CHANGE IN YOUR RESERVATION
H. B, FLINKERS
CD
Ui
LU
UI
http://fraser.stlouisfed.org/
oft*
B
Federal
Reserve Bank of St. Louis
MISC. S4J-24M-7-S4
-FEDERAL RESERVE BANK
OF NEW YORK
C O P Y
O F
TELEGRAM
SEND TO F.LES
SRI - Brooking* Inat*
Hits Adam*
Can. OB History of F K 8j§Wd? Y
7, 1955
Mr. H. B. Flickers ""
Federal Beserre Baltic of Clerel&nd
Cleveland 1, 0W.O
lork Bank has r«3«rved single rood vith bath for a« at i>tatl«r,
starting 7 &*a» Jan 11th for tvo nights• If you think Hotal C
pr«f©rabl«, plaasa aaka naeassary chang* and advise »••
B«FW
Mildred Adiu
FLINKERS, H. B...
January 5, 1955
Dear Mr. Flinkersi
;>
J;,
A letter from Mr. Fulton tells me that he has given you
the assignment of collecting data in which I a& interested, and I am
therefore sending you a copy of a letter vhich hes just gone to Mr.
Fulton as veil as more detailed Information about the things we know
we need. A great iaany other needs vill undoubtedly crop up in the
course of conversation.
Taking my main objectives as set dovn in the letter to Mr.
Pulton, •• nd looking dovn the organization chart vhich was kindly sent
us, I would think that appointments should be Bade for me to talk
*,d.th Mr. Hostetler, Hiss Klahre, Mrs. Bettcher F.nd Mr. Bolthouse. In
addition, I would like to talk vita someone who can fill in biographic &nd career data which we have not been able to find for certain
of your officials and directors* That letter is sometimes a lengthy
proc©33, bat I would hope time could be found for it.
So ffc.r as interviews with the Bank's "elder statesmen" are
concerned, znd the quest for papers vhich may have been left by those
no longer living, I shell heve to depend on whatever help and aivice
you can give me when I arrive. Those are matters which seem especially difficult for the stranger and yet are highly important for the
vork of this Committee, so that I shall need aid.
As for scheduling all this to fit in with officers1 calendars, thet I also leeve to you. I am sorry that I could not come on
Monday and leave Wednesday night, as I understand Thursday is devoted
to "fee directors* meeting. However, I would hope it eight be possible to spend that day with people who are not personally involred
in the meeting.
Ve have heard 30 much about the excellence of Cleveland
research end record-keeping that I em especially eager to leern ell
I can from you about your vays of handling the problems of b&nk
history and bank archives vith which we deal* It will be a pleasure
to come*
•
•
• '.''•• •
life ; •
;
'}'.•['•'•'.';.;.. Very
sincerely
yours,
Mildred
i
I
Mr, H. B. ^linkers
Assistant Secretary
Federal Reserve Bank
of Clevel&nd
Cleveland lt Ohio
t i' 1 *.
i
r^
V:\
MISC. MJ-14H-7S4
-^EDERAL RESERVE BANK
OF NEW YORK
C O P Y
SET - Brooking* Institution
O F
TELEGRAM
SEND TO FILES
Miss Adas*
CoaaitU* on History FR Sys&Rr B Y
lAO/55
2
Hot»I
Public Square and Superior £••
Cl»T«laflc 13,
Attsfittons
)g» L. 1. Pierce
Thaak £ou for reaerration. Hop* yoa e n arrangt for «arly occupuapgr*
o
Mildred Ada**
-
/
•
CLASS OF SERVICE
This is a fast message
unless its deferred character is indicated by the
proper symbol.
WESTERN UNION
TELEGRAM
1201
SYMBOLS
DL = Day Letter
NL=N«ht Letter
.International
tec Telegram
W. P. MARSHALL. PRESIOCNT
The filing time shown in the date linedn d^nir-stic telegrams is STANDARD TIME at point of origin. Time of receipt is STANDARD TIM£*St point of destination
CT.CLE373 CTA659 K4Q1CDC DA£J^2 COLLECT Jf I A DLY
SZ CLEVELAND OHIO 534P JAN 7 1955
MILDRED ADAMS
2 A ^JJ^
FEDERAL
<^y
RESERVE BANK NYK
PLEADED TO RESERVE SINGLE FOR JAN 11 CANNOT PROMISE
EARLY OCCUPANCY
HOTEL CLEVELAND
THE COMPANY WILL APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE
MISC. »4.a-24M-7-54
C O P Y
>KEDERAL RESERVE BANK
OF NEW YORK
SRI - Brooking* Inst*
O F
TELEGRAM
Miss A£aas
SENT BY
Jan. 7, 1955
2
Cleveland Hotel
Public Square and Superior Are.
Cleveland 13, Ohio
Attentions Mr. L. E. Pierce
Please reserve single rooa with bath for ae« I will arrive Cleveland
Jan. 11, 7tQO n.a., res**ln two nights. Please reply directly to se
care of Federal Reserve Bank of Hew Xorkf Rev lork 45.
Mildred A4aas
SEND TO FILES
MISC. 34
<M>*-«v 34.3-6OM—2-52)
COPY-OF TELEGRAM
OF NEW YORK
Caa#
o n
History of FR System
SENT BY
2
SEND TO
v
$
**'
Mr. W. D . Fulton, President
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
1/V55
*^
v
Thanks for your letter of January 3rd. '"fill arrive in Cleveland, Tuesday
morning, January 11th for three days. Letter follows*
Mildred Adams
FULTOK, W.D.
January 5, 1955
Star Mr* Fultont
You ere kin* to velcosae se to Cleveland the veek of the 9th
of January, and X v l U come vith pleasure. I would expect to arrive
early on Tuesday aornlng, J&ncery 11th, to s^^nd Tuesday. Wednesday and
Thursday there> and to return to 5ev York by train Thuredaj night* Th*t
•ebadole can be lengthened to include Friday i f circuoitaneet BO ordert
but I have found in visiting other Reserve Banks thet one eon cover a
good deal of ground in three dayts* The Be-terial you ii*v* alrendy
I t possible to do aoae preptration che*d of tiae*
Tou end Kr. Fiinkers &ay like to koov that ay aein objectives
into three groups* I vould lik« to ttlk vith you about the h i s tory projeet in vhioh this Connittee i s engaged; to learn as s:uch ee I
can In so short & tiae »bout tn«> Bank*© way of keeping i t s ovn historical anterial - f i l e s , librnry. and archives) to interview any of the
"elder statesmen" "H&O sre braving Jcnuery v»&ther in Clevsienc? end to
find out what I ean tbout papers l e f t by such influ«nti*I men as t. R.
Fenohcr, D. C* Wills and others powerful in earlier days of Cleveland
I &a writing Hr* Flinkers in sore detail &nd as lookinc forvith great Interest to what will be ay very f i r s t v l c i t to Cxevelaad as v e i l as to the Bank*
sincerely yours*
Mildred Adams
Kr. V. D« Fulton, President
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
c*e* - Hr* H« B« Flinkers
FULTON, WL D.
FEDERAL RESERVE
or
CLEVEXAAJSTD
W. D. FULTON, PRESIDENT
January 3, 1955
Miss Mildred Adams
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 45, N. I.
Dear Mr. Adams:
The week of January 9 would be as convenient as any
for your visit to Cleveland. It seems that every week
has too many full days, but as Thursday of that week is
our directors' meeting, I will be in the bank each day.
Mr. Harmen Flinkers, Assistant Secretary, has been given
the assignment of collecting data in which you are interested, and he can be available to you most of the time
except on Thursday.
I am fearful that most of the retired officers and
"elder statesmen" have fled for warmer climates and will
not be available. However, when we know the definite
dates you will be with us, we shall endeavor to get the
local men in touch with you.
We look forward to seeing you and shall be glad to
make any arrangements necessary if you will let us know
your needs.
Sincere
¥ . D. Fulton
RECEIVED
JAN 4 19:i5
COMMITTEE ON THE HISTORY
OF THE
fEKRAL RESERVE SYSTEM
CLOUSE, Roger
FEDEBAL RESERVE BANK
O:F CLEVELAND
CLEVELAND
I.OHIO
December 31, 1954
Miss Mildred Adams, Research Director
CoEimittee on the History of the
Federal Reserve System
33 Liberty Street
New York 45, New York
Dear Miss Adams:
In accordance with the request in your letter
of December 3, we will be very pleased to have your
name placed on our mailing list to receive copies
of our monthly publication, FEDERAL RESERVE NOTES.
Sincerely,
R. ~7Jlduse~
Vice President and Secretary
RECEIVED
JAN 3 1955
COMMITTEE ON THE HISTORY
OF THE
FEDERAL RESERVE SYSTEM
HOSTETLER, Merle
FEDERAL R E S E R V E BA:NK:
OF CLEVELAND
CLEVELAND
I.OHIO
December 30, 195U
Miss Mildred Adams, Research Director
Committee on the History of the Federal
Reserve System
33 Liberty Street
New York US, New York
Dear Miss Adams:
This is in reply to your letter of December 20 in which you sought some information on
a Mr. Charles Starek in connection with the work
of your Committee. I have been unable to uncover anything of value, but perhaps I shall
have been slightly more successful by the time
you arrive in Cleveland sometime next month.
Sincerely yours,
Merle Hostetler
Director of Research
RECEIVED
MH:ke
JAN 3 1935
COMMITTEE ON THE HISTORY
FEDERAL RESERVE SYSTEM
December 3, 1954
Dear Mr. Clouse:
As you probably know, for the past year the above
Committee has been as^eisbling material on the history of
the Federal Reserve System for the use of scholars and
students. Ve are gradually building up in this office a
history research center which includes anong other tools
files on people in the Federal Reserve System and on the
regional bank*?. The Committee would like to receive
regularly from you any material the Cleveland Bank publishes
vhich vould contain information of use to this office. Ve
are particularly anxious to receive anything you may have
published in connection with the 40th anniversary of the
System. Ve vould also like to be put on the regular
mailing list of the Federal Reserve Notes which we feel
could be from time to time a useful source of information.
The Committee will be aoat grateful for any assistance
you can give us.
Sincerely yours,
Mildred Adams
Mr". Roger F. Clouse
'
Federal P^serve Bank of Cleveland
Cleveland 1, Ohio
,
E t h e l
FEDERAL R E S E R V E BAISTK
OF CUEVELA^HD
o
CLEVELAND I,OHIO
November 19,
Miss Marguerite Burnett
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York h$, New York
Dear Miss Burnett:
1 am enclosing copies of the most recent organization charts and assignment of duties for the main office
and the branches.
I am also sending the statistics on the library
which you requested several weeks ago* I am sorry that
I am late sending this since 1 have had it prepared for
the last two weeks - I thought 1 had already sent it.
If there is anything else you need, please let me
know*
Very truly yours,
Ethel'S. KLahre
Librarian
K:A
Enclosures
KLAHRE, E t h e l
c
Soveiaber 18,
Miss Ethel Klahre, Librarian
Federal Reserve Bank of Cleveland,
Cleveland,l, Ohio.
Dear Ethel,
Bliss Adams has asked me to round up all available organization
charts for the Federal Reserve Banks, Does the Cleveland Bank have one?
If so, may we have a copy of the latest edition? If you do not have a
chart could you let me have any bulletins or mimeographed lists that
give the names of your officers and their functions and the personnel
of Bank committees.
May I enquire about the questionnaire on your library that I
sent you a few weeks ago* We are anxious to have up-to-date information
on each Federal Reserve library and the notes we have on yours date back
to Miss Claflin's time.
I am sorry to have to put you to this trouble for I know how
busy the daily library routine keeps one.
Sincerely yours,
Marguerite Burnett
KLAHRE, Ethel
October 19, 1954
Dear Miss Klahre*
I ass writing to you in connection with say new job as
assistant to Miss Mildred Adams, Research Director of the Committee on the History of the Federal Reserve System. It is &
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 Peserve
libraries. These were based on the data given in "Special
Library Besources* and the form used there has been retained.
Bather 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 most grateful for your
aid in this*
Sincerely yours,
Marguerite Burnett
Inc.
Miss Ethel Klahre
Librarian
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
FEDEFAL MSW&Z BANK OF CLEVELAND - LIBBART
Cleveland 1, Ohio
Est. 1918
Librarians Ethel Ilahre
Research Department - Vice President in charge! (Name)
Librarian reports to: L. Merle Hostetler, Director of Research
Staffs Total •
Professional Serves:
PERIODICALS
Bo. Received*
Pamphletss
Ho. Boundi
Added An&uftllyi
Disposal of othersi
Vertical file
Ho. Newspaper31
Special collectionsJ
Ho. Bound or oa
microfilm i
Library publications?
OHBCRIPTXOS OF LIBMRT (Subjects stre«8«dif etc.)
Library pre^re an annual report?
mnd if so, where?
of superrieor of the Bank's correspondence fileat
Officer to whom she reports (name and t i t l e ) t
Is s. «uaa&ry published,
COMMITTEE OB THE HISTORY OF THE FEDERAL RESERVE SYSTEM
33 Liberty Street, New York 45, New York
October 1$, 1954
Dear Mr. Hostetler;
Thank you for your letter of September 29th giving
us the names of people teaching money and banking in your area
who have a special interest in the Federal Reserve System. The
Committee plans to write these men during the first part of
November informing them of this project and inviting their
Interest and suggestions.
As this project goes forward we will undoubtedly be
needing to call again on your Knowledge and cooperation. It ia
good to know we can count on your warm support.
Sincerely,
Mildred Adams
Research Director
Mr. Merle Hostetler
Director of Research
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
COMMITTEE 08 THE HISTORY OF THE FEDERAL RESERVE SYSTEM
33 Liberty Street, New York 4,5, New York
October 15, 1954
Dear Mr. Hostetlerj
Thank you for your letter of September 29th giving
us the names of people teaching money and banking in your area
who have a special interest in the Federal Reserve System. The
Committee plans to write these men during the first part of
November informing them of this project and inviting their
support and suggestions.
My letter to you foreshadows other requests in which
we shall rely on your knowledge and cooperation. It is good
to know we can count on your warm interest and support.
Sincerely,
Mildred Adams
Research Director
Mr. Merle Hostetler
Director of Research
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
RESERVE
CLEVELAND
CLEVELAND I, OHIO
September 29,
Miss Mildred Adams, Research Director
Committee on the History of the Federal
Reserve System
33 Liberty Street
New York h$> New York
Dear Hiss Adams:
This is in response to your letter of September 21
wherein you invited us to suggest the names of some money
and banking professors whose talents might be utilized in
some form in connection with the definitive study of the
Federal Reserve System.
I have examined our roster of money and banking professors, and I am including herewith a list of nine names,
together with academic connections. I am of the opinion
that each one of these individuals possesses sufficient
competence in his field to be included in your comprehensive inventory of professional talent.
If you would like further information or additional
names, please feel free to write to us.
Encl.
Sincerely,
Merle Hostetler
Director of Research
Professor Carl T. Arlt, Oberlin College
Professor George L. Bach, Carnegie Institute of Technology
Professor VI. P. Calhoun, University of Cincinnati
Professor C. Stanley Corey, Kent State University
Professor Charles A. Dice, Ohio State University
Professor Lloyd A. Helms, Bowling Green State University
Professor Leland C. Lehman, Denison University
Professor Fred Q. Picard, Ohio University
Professor James h. Whitsett, Western Reserve University
September 21, 1954
Dear Mr. Rostetler:
I think you knov, from a letter which Mr. Allan Sproul
recently vrote to HT. Fulton, that this Committee nov has its
five-year grant and is ready to easbark on the definitive study
of the Federal reserve System for which the grant was &sde*
It goes without saying that we need the very best help
wo can get in order to achieve work of the quality we aim for.
Thus far ve have limited our area, of consultation to experts more
or legs immediately at hand, but we now are eager to viden the
circle of qualified men who are aware of the project and interested
in it.
Ve understand that you have a list of people vho are
teaching noney *m& banking in the Cleveland region. Could your
give us, not the full list, but a carefully selected list of
those particularly veil equipped vho would be interested in
knowing about this project, and even, perhaps, in working in
some phase of it? That phrase "carefully selected" refers, of
course, to caliber of mind and skill - we have every desire to
include men of many opinions, including those who have shown
themselves critical,
Vnat we eia at is a list of the top 150 to 200 men in
the country who are actively interested in studying various phases
of the System and we are most anxious to include a proper proportion
of those in the Cleveland district. Ve will be very grateful for
your cooperation in this.
Very sincerely yours,
Mildred Adams
Research Director
Mr. L. Merle Hostetler
Director of Research
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
FEDERAL RESERVE BANK OF CLEVELAND
COPY
September H , 1954-
Mr. Allan Sproul, President
Federal Reserve Bank of New
New York 45, New York
Dear Allan:
Thank you for your letter of September 10,
relating to the history of the Federal Reserve System,
which is now in process of compilation.
We have had some correspondence with Miss
Adams and have made available certain data from our
files. We shall be very glad to continue to work
closely with her and those who are connected with
this work. I heve assigned Harmen Flinkers, assistant secretary' of our bank, to supply information
to the committee as they require.
Sincerely,
(s) Wilbur
W. D. Fulton
€
r» Fllaker*t
Miss K«Kls*try hag handed im Mr. Faltos1* Eiad letter of
July 2ud with its hospitable inrl%&%iom to visit tfee f«d#rftl
&*ak of CI@v#l«m4 wh^R I go to th«
X bad hoped to b& in Cl©Tela^<i th« l a s t w**Jc of July, but
\)&fortunately a change in prograa has «sad« i t nAecssftry t tfe»t r l i i t * I sb&ll hope to eossn « l i t t l e l%ter# mid *111 look
iorvard to cornmlting you about & tine vhen your K@lcler
a« Mr* Fultcm c*lle them, way ««fcio ee
¥111 ^ou please eacpreti t© Mr» Falt^m mp gmtito^e for
oourteay in t h i s .
Besearch Director
Mr* !!• 8. FlInker*
k- of
Cleveland 1, Ohio
RESERVE
CLEVELAND I,OHIO
RECEIVED
JUL - 6 1354
Jul
^ 2>
IUss Katherine Me Kins tffi
Research Assistant
ATTENDIS t$ -.«MMMBM^,.-.....
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York Uf>, New York
Dear Miss McKinstry:
Thank you for your letter of June 2$ regarding Miss Adams'
visit to Cleveland later this month. We are pleased to have her
come to talk with us.
Personally I expect to be in Cleveland until July 30 (with
a possible exception of July 23 and 2U) and several of our "elder
statesmen" will be available at that time as well. It is quite
possible, too, that three or four former officers, now retired,
will be in Cleveland around the middle of July and available for
interviews.
Please let us know of the definite dates of Miss Adams1 visit
so we can arrange for conferences with both the present and former
officers. Further developments regarding her visit as well as
questions in connection with the project generally may be referred
to Mr. H. B. Flinkers our Assistant Secretary.
Very truly yours,
W. D. Fulton
President
c
June 25, 1954
Mr* ¥. D. Fulton
President
Federal Reserve Bank of
Cleveland 1, Ohio
Itear Mr. Falton*
Several months have elapsed since you &o kindly furnished
this Coundttde with materials on the Cleveland Bank. In the interim
Hiss Adams has devoted such time to interviewing perscns nov or for*
merly vith the Reserve System and in locating} listing, and to cone
extent acquiring collections of private papers and other materials
vhich should be useful to the outside scholar© who will undertake
the writing of a series of historical studies under the guidance of
this Coeaitteo.
the Initial explorations and findings have been sufficiently
proMieing so that the Rockefeller Foundation has now s&de a second and
larger grant—to extend over a five-year term—to continue and enlarge
the research project nov veil under way. Miss Adams is very anxious,
at the outset of this second phase, to visit the Reserve Banks in the
Middle West. Thus far, because of limitations of time and the burden
of organizational details, her field trips h&ve been confined to the
East—including the Board in Washington, the Reserve Banks in Boston,
Philadelphia, and Richmond, and to nearby universities. Her plans
are still only tentative, but she hopes very such to leave for St.
Louis around the middle of July, going on from there to Cleveland and
to Chicago.
She has asked me to send you this note to Inquire whether
you expect to be in the Bank during that period and, if so* to aak
whether it vould be convenient for you to see her. She would also litre
to talk vith some of your senior officers and with members of your
research and library staffs. She vould welcome any suggestionE of
others vhom she should see in the neighborhood oi Cleveland, such as
foraer bank officials nov retired, who might hare valuable recollections
of the earlier days of your Bask. In view of the a&sy uncertainties
caused by euaaer vacations, she would like, if you are agreeable, to
Mr. V. D. Pulton
Page 2
June 25, 1954
leave the arrangement of her schedule of appointments in Cleveland in
your hands. She will let you know when the details and time schedule
of her trip have been worked out with the St. Louis and Chicago Reserve
Banks*
Sincerely yoursf
Research Assistant
RESERVE HANK
O F Cl^EVEILAJSnD
CLEVELAND I, OHIO
April 13,
Miss Mildred Adams
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York h5, New York
Dear Miss Adams:
Referring to Miss McKinstry's letter of March 26, we enclose
an exhibit listing some of the source material available at this
office for possible use by your Committee in writing the History
of the Federal Reserve System.
In addition, our library is compiling a list of speeches
and articles written by our top-ranking personnel, and copy of
that list will be forwarded you when it is completed.
We do not have, however, either a chronological or a subject
index of the material contained in the twenty volumes of clippings
and exhibits to which we referred in our earlier letters. We shall
keep you advised regarding any work we do at this office toward
developing either type of index.
Very truly yours,
W. D. Fulton
President
Enclosure
Cleveland
Source Material for History of Federal Reserve System
Annual Reports (Old)
1916 to 1935 inclusive
(Copies of individual reports available at this office.
For part of the period indicated this report was made
a part of the Annual Report of the Federal Reserve Board,)
Annual Reports (New)
1950 to 1953 inclusive
(Copies for each year forwarded,,)
Federal Reserve Notes (Old)
April 1918 to January 1926 inclusive
(Complete file available at this officeo Copies for AugustSeptember 19221 September 19233 and April 1921; forwarded.
These copies related to new building«)
Federal Reserve Notes (New)
September 19h3 to date
(Complete file available at this office. Copy for February
195k forwardedo)
Reports of Bank and Public Relations
19U7 to 1953 inclusive
(Copies available at this office. Copy of report for 1953
forwarded,)
Souvenir Program - Silver -Anniversary - November 16, 1953
(Copy of program at 25th Anniversary Dinner.)
April 5, 1954
Dear Mr. Fultons
Your letter of April 2 came in this morning and at the
same time we received the biographical material of which you spoke*
Ibis is exactly what we need and we are delighted to have it. As
for the monograph that will be read with great interest, and I as
sure it will give us the kind of information which we are compiling*
Thank you so auch for this material*
Sincerely yours,
Mildred Adams
Research Director
Mr. V. D. Fulton
President
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
MA:hvm
RESERVE
OF
CLEVELAND
CLEVELAND I,OHIO
April 2,
Miss Mildred Adams
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York h%> New York
Dear Miss Adams:
Referring to your letter of March 1 and our reply of March 16,
we enclose to you copy of a statement of the terms of office of the
top-ranking personnel at this bank from the organization of the
System to the present time.
Enclosed also is a statement of biographical material regarding
these individuals which is being forwarded you under separate cover.
Included with this material is copy of a "pilot" chapter of
what we hope may some day be a history of our own institution. This
monograph contains considerable background material regarding the
organization of the bank here and has received no previous publicity
whatever.
W. D. Fulton
President
Enclosures
March 26, 195-4
Mr, V, !>• Fulton
President
Federal Reserve Bsnk of Cleveland
Cleveland 1, Ohio
Bear Mr* Fulton:
On behalf of Ulna Adaais, I should like to thank you for your letter
of Kerch 15th• Fe shell be very pleased to have the biographical data which is
being eoapiled in response to our request.
We are indeed glad to know of the existence of the volunes of clippings
and exhibits you mention. At present, we are only in a preliminary mapping and
survey phase and Just beginning to work on the broad outlines of a much longer
and sore extensive research program. Our main focus now is on locating and
listing materials at the Board9 in the individual Reserve 3&aks, as well as collections of private papers repoeing in university libraries to see how auch useful material we can turn up as a Dasis for later historical studies* Mi33 Adams
had been hoping to visit Cleveland and ouier deserve Banks in the West during
this exploratory period but finds she has to postpone longer trips until & later
date. She is of course such interested in the ring binders you mention, and we
are wondering whether you might not nave available for our use a subject index
of their contents andAr a chronology of the main events in the iiistory of your
Basic.
It would be helpful if we could call upon your research staff or
library for a bibliogr&pay of source aaterials relating to the establishment
and operations of the Cleveland Bank, and possibly also of important published
studies or notable (unpublished) memoranda prepared by your economics staff.
We have a real interest also in public speeches given by top Federal Reserve officials and economists and would be glad to know whether your library has
a ciaralative index of iaportent addresses of persons now or formerly connected
with the Cleveland Bank,
This se«ss like a formidable request, but I hope you will not try to
go beyond providing us with whatever descriptive materials you already have on
hand relevant to Reserve System history in general and that of the Clevelaad
Bank in particular which could be passed on to us for inventory purposes.
Sincerely yours,
km
Research Assistant
; RESERVE
OF
BANK:
CLEVEI^AJSTI}
CLEVELAND I,OHIO
March 16,
Miss Mildred Adams
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York 1|5> New York
Dear Miss Adams:
We have your letter of March 1 with reference to the history
of the Federal Reserve System which is now being compiled, and
information regarding individuals identified with the Cleveland
bank will be forwarded you shortly.
You may be interested in knowing that there have been assembled
at this office some twenty volumes of clippings and exhibits representing a chronological log of important happenings in the history
of this bank and its branches. While it would be impracticable to
ship these ring binders to your office, we shall draw on this information most liberally in preparing material for your committee.
Very trulvyours
W. D. Fulton
President
March 1, 1954
Bear Mr. Fulton:
Kr. Sproul has sent to this office your reply to
his letter of Febnaary 13th kindly assuring us of your cooperation in the vork of this Coaa&ttee.
Kooning how important the Cleveland He serve Bank
has been in the development of the %ste», we are eager to
knov of any Material vhich had been compiled as to the
Bf.nkfs history, its operations, its place in the economic
life of the Fonrth District. If this caa be seat to xmf it
will be »ost weleo«e.
Ve also need a list of the most influential indiTiduale who hare helped to tt&ke the Cleveland Bank
what it is today* We would like to start with the names
of the Men who have been Giairsien, Presidents (or Governors)*
a ad Federal Reserve Agents• If «t could have thesef with
the dates T*hen they were appointed and vnen their teras
ended, and whatever biographic data yon have at hand about
tae*, it wauld be an iaaediate help.
The Comittee asks ae to thank you in advance for
your assistance in this.
Very sincerely yours,
Mildred Adams
Hr. ¥. S. Fulton
President
Federal Reserve Bank of Cleveland
Cleveland
Qaio
HAt**
COPT
Federal Reserve Bank
of Cleveland
V. D. Fulton, President
February 19, 1954-
Mr, Allan Sproul, President
Federal Reserve Bank of New York
New York -45, N. Y.
Dear Allan:
We shall be very gl«£ to furnish the Committee on the History
of the Federal Reserve System with any material relating to Federal
Reserve Bank of Cleveland and its place in the System that is available,
Will you please tell Miss Adams, Research Director of the project, to feel free to call upon us for information as often as it is
necessary.
Sincerely,
(Signed) Wilbur
W. D. Fulton
President
FUNK, Phyllis
PITTSBURGH BRANCH
PITTSBURGH BRANCH
FEDERAL RESERVE
OF
PITTSBURGH 3O, PA.
March 10,
1955
RECEIVED
Miss Marguerite Burnett
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 45, New York
A;,. 1 \ 1955
COM..n,_ ;. i>;r H I S T O W
'r H
Dear Miss Burnett:
We have finally come to the end in cataloguing the fine
library presented to us by Mrs. Montfort Jones and indeed are thrilled with the many fine volumes which have added immeasurably to our library.
jr* ^ ^
Your letter inquired about Mr. Jones1 "private notes". Unfortunately, I find nothing which would fit the description of "private
papers" as all the material was in the form of lectures and notes for
his teaching at the University of Pittsburgh where he was a professor.
There is nothing in the way of original research or opinions and because
of the subjects he taught, most of his notes are statistical or tabular
in form. The collection includes nothing in the way of correspondence,
I know of no other papers deposited elsewhere and cannot say
if his family might possess correspondence of interest.
We are so very much interested in your present project and if
we may be of help please call on us.
Very truly yours,
V.
Mrs. Phyllis L. Funk
Librarian
FUNK, Phyllis
PITTSBURGH BRANCH
.3
*•*
March 8,
Mrs. Phyllis Funk, Librarian
Pittsburgh Branch
Federal Reserve Bank of Cleveland
Pittsburgh, 30, Pa
Dear Mrs. Funks
In the annual report of the Federal Keserve Bank of Clevaland for V)$k we found a notice of the death of Montfort Jones, one of
your Bank's directors, in which it was stated that his entire private
library had been presented to your library# That mnst be quite a bonanza
for your collection, which naturally must hare lacked many earlier fina»»
cial classics since it was founded such later than the Cleveland library,
What interests us especially is the reference to Mr. Jonesf
"private notes"* Could you please let us know the nature and extent of
this part of the collection, e*p» whether it includes correspondence, and
if so, the period covered anr.' the sublets. Also, is it organized so that
it could be consulted by students? Our chief concern, of course is in
references to th© Federal Reserve System.
As you know, we are trying to locate a 11 private papers of
officials of the Federal Reserve Systeia. Any information you can pive us
about these particular "notes" or about any other papers of Urm Jones that
miftht be deposited elsewhere or remain in the possession of his family,
would be most welcome.
•
>*.•
-
Thanking you in advance for any help you can give us, I
an
Sincerely yours,
Marguerite Burnett
FUNK, Phyllis
PITTSBURGH BRANCH
PITTSBURGH BRANCH
FEDERAL RESERVE
OF
CLEVELAND
PITTSBURGH 3O, PA.
November 23, 1954
Miss Marguerite Burnett
Committee on the History of the
Federal Reserve System
33 Liberty Street
New York 45, New York
Dear Miss Burnett:
We have enclosed a copy of the organization chart of our
branch and a list of the Officers Committees for 1954.
If we may be of further assistance, please do not hesitate
to call on us.
Very truly yours.
Phyllis L. Funk
Librarian
Ends •
FUNK, Phyllis
PITTSBRUGH BRANCH
Moventoer 1 8 , 195U
Mrs. Phyllis Punk, Librarian
Pittsburgh Branch, Federal Reserve Bank,
Grant St. & Ogle Way,
Pittsburgh, 30, Pa.
Dear Mrs. Funk,
May I enquire i f your Bank has an organization chart?
If so, may we have a copy of the latest edition* Miss Adar.s has
asked me to round up a l l available charts of the Federal Reserve Banks.
If you do not have a chart could you let me have any
bulletins or mimeographed l i s t s that give the names of your officers
and their functions and the personnel of the Bank's
I want to take this opportunity to thank you for your
trouble in filling out the questionnaire about your library. We are
very glad to have this up-to-date informationo
Sinceraly yours,
Marguerite Burnett
FUNK, Phyllis
/:
PITTSBURGH BRANCH
PITTSBURGH BHAHCH
FEDERAL RESERVE BANIC
OF CLEVELAND
PITTSBURGH 3O, PA.
October 26, 1954
Miss Marguerite Burnett
Committee on the History of the
Federal iteserve System
33 Liberty Street
New York 45, New York
Dear Miss Burnett:
Enclosed is information concerning our library which
you requested.
Your assignment does sound most interesting and we
are looking forward to being of all possible assistance to you.
Sincerely yours,
Mrs. Phyllis L. Funk
Librarian
PLF:kf
FUNK, Phyllis
PITTSBURGH BRANCH
October 19, 1954
Dear Mrs. Funk:
I am vriting 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 such 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 Resources* and the fora used there has been retained.
Rather than repeat the information given for your library for
you to correct and revise, I thought it would b© easier for
you to make fresh notations, and I have only inserted what I
knew to be recent date. I shall be aost grateful for your
aid in this.
Sincerely yours,
Marguerite Burnett
Enc.
Mrs. Phyllis Funk
Librarian
Pittsburgh Branch, Federal Reserve
Bank of Cleveland
Grant Street and Ogle Way
Pittsburgh, Pennsylvania
FEDERAL RESERVE BANK OF CLEVELAND, PITTSBURGH BRAKCH - LISBART
Grant Street a&d Ogle Way, Pittsburgh, Pennsylvania
Librarians Mre. Phyllis Funk
Research Department - Vice President in chargei
Librarian reports to; (lias*© and title)
Staffs Total Professional Servtst
Date
(Haae)
PEKXODXCALS
So. Becelvedi
Paapblets:
No. Boucdi
Added .tenuellyj
Bispos&l of othersi
file dravorst
So. Newspaperai
Special collections;
Ho, Bound or on
microfilm!
Library publications:
DESCRIPTION OF LXBRART (Subjects ©tres^d, etc.)
Lo©« Library prepare aa annual report?
and If 30, vhere?
of supervisor of tb© Baakfs corr^tpondence files:
Officer to whom she reports (Haae aad title) i
Is a amamnry published,
@FedFRASER