Full text of Committee on the History of the Federal Reserve System : Early Attempts at Permanent Records and History, Entry 167, Box 2, Folder 2, Item 16

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March 9, 1954
Internal Memorandum
Early Attempts at Permanent Records and History

Im Volume 1 of the Harrison Memoranda there-ia Included a memo
frcm Mr* ©• ?• Sailer to Mr* Strong taader the aiibject Penaaofaib leaQ.rdi*
In this he reports the classification and Mndiug of two famired volu»ea
of documenta^ reports^ etc* With that action went careful re^iav of all
subject files and a eopylng of letters for binding*
I w#mt dowa to see Miss Dillistlzt about vhat might have bteoae
of these things. Sbe^hwed ae in Book fault B of the fifth Floor the
material of lAieh this mm® sp#aJts# ^ ® m#morsudia is dated January 14* If27*
In the Book fault are the minutes of the President*s Conferenca,
the minutes of the Chadna&ti1 s Coaferanee^ the minutes 'and armual reports of
the F#d#ral ^serT# Bank| the Federal Reserve Bulletin* reports on conditions
of basks». and many other itena^ from the beginning to the prasant date* This
is a most valuable eoll#etion of ba.slo mftterlal*
is also a collection of four boxes of copied letters* These
the ones of which the memo speaks* They imre ehosan by Miss
barter and the nni#rstanding at that time m s that a eoimitt## of officers
would* wh©n the ehoioe aadaf go over them and ke^p thoa© whieb w#r# most
important. Misa Dillistin tails me that the committee of offiaers nirrer
ftmctioned* She also says that Mr* Varran never got into this group of
material* fti® i-rhole tnvestlc&tion was directed to the Strong papers and
he w m t mo further than tttos#*
0b¥ionslyf the letters In^thnse boxes would have to b# gone over
but it is not Impossible that this say be the beginning of the papws whioh
Mr. Sp^i^l vaskts to isolate and say lead into the way to handle this thing*
At any rate# as soon se thare ia time tfatss box@s should .be tak#n clown
at*



I reported thia Batter to Mr* toalse this moming$ he vas very
xasuoh Interested and said that he did sot retm&aber aaythl&g about this
activity or this eolXectioa*
Mins PHlintln hm a •List of-Statenezite foimd la the fault 11
yhlch we ahotald ha^ra in l i s t i n g thaaa things#
item Is our files*




Aoopy nould be as important