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BOBBINS, Barbara Applicants1 File f^wmtf- •# 3L#56 5«MHP l i s t Bobtda»i tfc* data***? yaar *M*t ' t t t l t -to Mw'iotfc* If yen %«M Hk* '*• #«# to th* tfftsa at &t Jft *<*• M StaMHtaprft % f i l SMf 1 will fe# f2*6 t§ ta& to jw* at thai itat* l&Xdvadl Al«§ Hint tUu&ara f+ BftbM&ji Vhtatofe 4fo£U$a BOBBIMS, Barbara Applicants 1 F i l e ECEIVE FEB WHEATON COLLEGE *TON, MASSACHUSETTS 7 1S5B F e b r u a r y 4 , 1956 COMMOTES OK THE HttTQfiY ^4&ms remittee On The History Of The Federal Reserve System 33 Liberty Street New York 45, N.Y. Dear Miss Adams, Miss King of the Alumnae Advisory Center told me that she has sent you my resume'and that you were interested In talking to me. The next time I plan to be in New York is the 3rd and 4th of April, If it would be convenient for you, I would like to h^ve am appointment with you on either of these dates. Thank you for your consideration, Sincerely, 4UU«uLJl.'&+*i~ Box 631 Wheaton College Norton, Mass. T^.<V.T>- \\ At,A« f SARFATY, David E. Applicants* File February 8, 1956 Dear Mr* Sarfatyi I have your letter of February 5th asking about a position in this office of vhieh you learned through the American Economic Association* I as sorry to say that I can give you no hope of a position here at the present tiae, as there is no vacancy* Ve will be glad to keep your letter on file against the future* Vbry sincerely yours* Mildred Adams Mr* David S# Sarf&ty 238 Franklin Avenue Island Park* H* X* SABFAU, David I. RECEIVED February 5f 1956 FEB 7135S COMMITTEE ON THE MISTOpv OF THE nSDEIML RESERVE SYSIBS Mr # W # Adams Committee to Study the History of the Federal Reserve System Federal Reserve Bank of New York 31 liberty Street $ew York, fLY. Pear Mr. Adams? The need for personnel to assist in the study of the Federal Reserve System has come to my attention as a member of the American Economic Association. I am very much interested in this study, and T should like to he considered as a candidate for the available positions• I have a B.A. from Brooklyn College (1947) and an If .A. fro® Columbia University (1950) where I have completed all residential requirements towards the Ph.D. in Economics. I have had the opportunity of teaching Money & Banking for three years at long Island University* Others courses taught include Principles, Public Finance m6. International Trade• Between 194$ and 1950, I worked for the $gtional Bureau of Economic Research where I assisted Br* G. Lowell Harriss mi the project of ^The History and Policies of the Home Owners1 Loan Corporation.* I should be pleased to hear from you, and I would welcome the opportunity to appear for m interview. ¥ery truly yours, it. ? David E # Sarfaty 238 Franklin Ave. Island Park, W*Y# 10 6-7853 This document contains personally identifiable information and has been removed. Author(s): Karen Silberblatt Title: Application Card, Transcript, Application for Employment, Résumé Date: Page Numbers: This document contains personally identifiable information and has been removed. Author(s): May Wing Title: Summary of Education and Experience Date: Page Numbers: P Y ASSOCIATED HOSPITAL SERVICE OF NEW YORK 80 Lexington Avenue New York 16, N. Y. MUrray Hill 9-2800 September 13, 1954 Mr. Donald Woodward Secretary Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, H. Y. Dear Mr, Woodward: Thank you for your letter of September 9, 1954• I am arranging to have Mr. George Shelton, our representative, who handles the Federal Reserve Bank contact you for an early appointment. Cordially, / s / Norman T. Marten Norman T. Marten Assistant to the ?ice President Enrollment Department ntm:ha P Y Cossdttee em the History of the Federal Beserve SNpstea September 9, 1954 B«»r Mr. Kartent Wo lire writing you at the suggestion of Mr, Frederick Seedier ef the Personnel 2&vislea, Federal Beserve Benk of Hew Xork. This Gosmlttee has a smell staff which i s employed under e joint agreement between the Gosssiiitee end the Brooking s Institute ef Washington, D*C, She heme office of Brookings Institute (which i s e research organisation) has enrolled under the Blue Cross for the benefit of i t s Washington staff* the Federal Beserve Bank of Mew lork, whieh houses the staff of this Cosesittee In flew fork, i s enrolled under the Blue Cross here* In view of those arrangements we would like to Inquire whether Hue Cross f a c i l i t i e s and services In Sew York City could be made available to staff members of this Coiauittee. Vould you be so kind to send us appropriate information* Very sincerely yours. Donald Woodward Secretary Mr* Herman T. Pfarten Assistant Vice President Enrollment tepartment Associated Hospital Service of Sew York 3*J9 Lexington avenue Hew toik 17, Mow York Committee on the pistory of the Federal Eeeerve ^retcm C September t9 1954 £e*r Loni issong the many details which I dealt vita in Washington was tit© matter of "fringe benefits* which you and I had discussed earlier, 1 letter from Br, CUJcias shoved only three areas in vaieh there was any question l e f t , (me of these wes hospltalisstioa, Tae Mew York bank puU l i e people under Blue Cross end Blue Shield! end pays two-thirds of the coat. Brookings provides Blue Cross hospitalisation but at the employees expense. Calkins thinks that an equivalent arrangement should be made here in Hew Xork, l i e exact phrasing 1st ^hiptlrtiMltgM Hm* the Institution provides Blue Cross hospitalisation at the employee's expense, ve believe that efforts should be made to arrange for similar benefits through the Blue Cross or hlue Shield system* la Kev Terk, If such arrangements can be made and the employ &es p*y the full coat of coverage, as they do here at Brookinge, we should provide this service on the seise tema as i t i f provided here." Under those ciroussstances X wonder If you would like to write in your capeclty §ys aeoretery to the Blue Cross people* X am enclosing * suggested letter but X framed I t merely to save you time and would be entirely content with any changes you sight nake« Also you sight like to know that X got the setter of our over optimism with money sorted out, the #10,000 pilot pro jest went from January 15 to May 50 without difficulty. By the letter data we had spent $3,679*30, that l e f t us $1,320.TO available for work la June, Had we i&crely continued in the way we had been going we could almost have covered our June eopeuseg but we began the Kiakeid project June l t and $1,333 was the June portion of that hence we spent $3,359*34 end were l e f t with the deficit previously noted. Gew&ttoe on the History of the Federal Beserve $y stem - 2- Sept* 8 # 1954 Having fait guilty about this I as cheered to know at | j j j t v* did not rim Into deficit trouble until the pilot project vas technically complete* Vere the ^-hole thing prorated ve uoold probably find that ve etretohed the $10,000 for Hire months instead of for four, this some^aet soothes ®f conscience, X i&H t o l l jrou other details of the Washington trip %fam your schedule derolopes • bit of free time. Boat as always* Mildred Adams Beueerch Erector Enclosure Hr • Itonsld Wood>m rd o/o Viok Chemical Company 12a last Afrul Street New fork, #ev Xork ©owittaa m tha lit pinny #f tit* fwtond tumtti Ifrftwl C l i y l w i t r t , 1954 Uttsnfca ifary a»ah for jraur l e t Ur of £af>t*abar 3 *mmmt~ lag i t mm Slatalla #f a^r lattar of laguat I? vtft&itaf fringa bimeflt», I taka i t that t&a onlx d a t t l l a l a f t vita any (icgrMi of doubt ara ratirtnant, taMgdtallafttiaa &n£ Mm Tork o U t i Insuraaa# p*ovl§ioni»# l a f«y an r«tlr«B*at l i conoamad I wuld %$m% that Brookings regulations narnM n$pl/ to aa$lo/aa» of tfc* Coxaiiltta** Ag f®r' «jyr mm ma aoaaa urnSar tha tXM ragula tlaas X wmM t&irik that oould b« l e f t until i t ttapfsanjt* In ragard to heap!tallnation I will %aka in^uiriaa Intra In law foai of Hw Bio* Groat to aa* i f title $ar*ioa nan ba «9£t«n4a4 to n»ploy*ae hara» &n to laattraaaa if * & l await tha rapxlt of tfea aori*aapaaiaBaa vaiflb Hr» Ikart" ima I B t o W w *itit ^*a lav fork Stata author!tiaa* I would lika to gat thava tiataila in hm^4 »« SOOB an paaaifela no aa to raport to tha inaamtiira Coswittaa and wmm $hm off tha Mat of thing* s t i l l awaiting nation* Si&aairalr |WUN% H&Aran1 adaat ftataaroti Birnator Br« Bobert Calking Praaldaat Taa IrooMnff Institution 722 Jaafcaon Flaaa f i«f* taihliitui o* B»®# Eligibility for Retirement System The original Retirement Plan (July 1929) provides that: "All employees of the Institution are eligible except (a) those employed in manual labor or domestic service; (b) research fellowsj (c) staff members appointed for specific assignments which will be completed in a limited time; and other employees who are definitely retained as temporary aids or assistants." (Executive Committee minutes, Oct* 18, 1929 > p. 72 - Revised Retirement System Plan and Contract with Sun Life) This was modified by the following resolution: "Resolved, that new participants in the present Brookings Retirement System shall be restricted to employees who (a) shall haje been employed by the Institution for at least three years; (b) are at least 30 years of age; and (c) have a minimum salary of |3>600. The President shall be authorized, however, to make certain exceptions to this rule in his sole judgment.11 (Board of Trustees minutes, Oct. 27, 1950, p. 626) Eligibility for Group Hospitalization All regular employees of the Brookings Institution, except building maintenance and dining room employees, are eligible for enrollment in Group Hospitalization. Employees who wish to join have the opportunity of doing so in March or September of each year, provided the Institution meets the quota requirements. Anyone who is with the Blue Cross or Blue Shield elsewhere may transfer into the Institution^ group at any time during the year. The entire cost is borne by the employees. September 2, 1954 ;>&'*V'!S-Y.:>t- tv^C/3 \^\^±J^WS-\Uu <h^M VJA^<JL0A ui^i^JdX UsULr, \\L«, KM)A /ttufvL U^»P IrJUy - .**o •A ) ^hWfl^ "ifei^tk~* *"££<**, J>VlA v/ ^6<>ocJ V'-CtotltLi'^ U V M A * (I^JIXKICV & 4ucU!lfe^ W^li L i llUjtttt^J \*Jl&JL LLwvvyu^^ - j£* *fr ( W - f r ^ J U l f f^ ^ 4 t<v. (Lftylvcc^ QU^JUCJAJL. Vdwu'< Jl J^c^^^r^o^yvK - % Cc|, J >i J L k ] j ^ tfr W ^ W g ^ M ^ w ^ / f ' 0 ^ . - ^ ' 6a»A:^ HZU £Hj *v ilk . (ML: CJU^^J^J Wi/v UU*C4^ V p c w t X "R J^ *fl 3ffi**hz fir * C-frvw •• '•£-. .'.•,:• ;.•"•:•'••'#.'•• \ Ue U * o n X ^ - f | j u ^ 'ff^-U4g\ 'v.- •: !**£ : »I August 17, 195-4 Bear Dr. CalkinsI It vas good to hear that you are back from a California vacation, and that ray favorite state vas kind and refreshing* things have gone slowly here, but susater is usually like that. Dr. Kimeald reports that he expects to finish his survey of the Glass collection by September 15th. His wife* s health is such that he has given up the idea of going to Arisona, which seems a pity, and he would like to be kept in mind for further work. The problem of fringe benefits, about which I wrote you earlier, seems clearer after a careful reading of the Brookings Rules and Regulations which you sent me, and a long conversation with Mr. Smedley, the appropriate personnel officer here, concerning the practices of the Hew York Federal Reserve Bank. I am now prepared to make the following suggestions to you, and if you agree, to take them to the Executive Committee: Social Security - Federal practice rules both at Brookings and the Bank, and would govern any employee arrangements made by this Committee• Hospitalisation * Brookings uses the Blue Cross plan, and employees pay all costs. The Hew York Bank uses both Blue Cross and Blue Shield, and pays two-thirds of the cost. Under those circumstances Mr. Smedley is sure that Blue Cross service can be acquired in lew York for employees who want it. They should follow the Brookings arrangement in Washington and pay all costs if they elect to use the service. Sick Leave - Here the Brookings and the Bank arrangements are very similar. The Committee should therefore follow the Brookings rule that staff members may have sick leave with pay at the rate of fifteen working days for each fiscal year (1.25 days per calendar month) to a maximum of 90 days. Vacation on pay - Here Brookings is slightly more generous than the Bank, but not enough to stir trouble as between Bank and Com* mittee employees. Staff members are eligible for annual leave with pay at the rate of two days per month plus one extra day for the 12th month, making 25 working days for each fiscal year. -2Retirement * To most young employees this is a minor benefit, The only warning is that whatever arrangements are made should not imperil future retirement rights of employees. Insurance - Because the chief Committee office is in New York employees come under New York State laws. I have written to the appro* priate officers and received their replies. I take it that Brookings and the Committee would both be exempt under the provisions of the Sew York State Unemployment Act and also under the Workmen's Compensation Act. However, it might be well to have an opinion from Brookings1 legal adviser on this so that we will feel doubly safe. I am enclosing copies of the pertinent letters. I am ebashed to learn from your letter of August 11th that we were overly optimistic in thinking we could stretch our pilot appropriation to cover an extra month. I would agree with your desire to squeeze the shortage out of our 1954-55 funds. Ve have let our typist go back to the Bank, and we do not expect to take on a full-time assistant until September, so the summer provides some economies which will help. I see no immediate prospect of heavy expenses in connection with the history, so my guess is that we are safe. However, I am all too well aware that we have set up no budgetary safeguards - they ®ay be necessary. If luck holds I'll be in Washington the last week in August and will hope to see you then. Meanwhile thanks for the suggestion about Ed Shaw. I'll see what reaction I can get on a tentative basis. Cordially yours, Mildred Adams Enc. Dr. Robert D. Calkins President The Brookings Institution ?22 Jackson Place, H.W. Washington 6, D. C. Department of Labor State of New York DIVISION OF EMPLOYMENT Unemployment Insurance Accounts Bureau 42 North Pearl Street Albany 1, New York August 9, 1954 Committee on the History of the Federal Beserve System 33 Liberty Street New York U5, New York In reply refer toi LDD 2 Gentlemens Your letter of August 4. 1954, directed to Mr. Richard Brockway has been referred to this office for reply. An employer becomes liable for contributions under the New York State Unemployment Insurance Law when he has employed four or more persons on fifteen or more days during a calendar year in employment covered by the Law. Liability begins on the first of the fifteen days of such employment* However the Law grants exemption to any corporation, unincorporated association, community chest, fund, or foundation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual. In order that we may determine whether you qualify for the exemption provided in the statute, you should explain more fully the method and manner in which the committee operates. You should also enclose a copy of the charter, by-laws, or instruments under which you operate. In order that we may be in a position to determine your liability under the Law in the event that it is found that you do not qualify for the exemption provided in the statute, we enclose Report to Determine Liability, Form IA 100, which should also be executed and returned to this office. Very truly yours, UNEMPLOYMENT INSURANCE ACCOUNTS BUREAU Liability and Determination Section By Enc. G 0 P Y /s/ Leslie Curthoys COPY WORKMEN'S COMPENSATION BOARD State of New York State Office Building Albany 1, Hew York August 12, 1954 Miss Mildred Adams, Research Director Committee on the History of the Federal Reserve System 33 Liberty Street New York A5, New York Dear Miss Adamss I have your letter inquiring as to the obligation of the Committee on the History of the Federal Reserve System to provide benefits either under the Workmen's Compensation Law or the Disability Benefits Law of this State, or both. Your organization is, as I understand, an independent non-profit organization. Non-profit organizations are not required to provide workmen* s compensation benefits for "on-the-job" injuries, that is, for injuries caused by accidents that arise out of and in the course of employment, unless there are in the employment "four or more workmen or operatives regularly** • A workman or operative is a laborer or a mechanic who does manual work. There are excluded from the definition those whose duties are clerical or professional. Therefore, there would seem to be no obligation upon the Committee to provide Workmen* s Compensation benefits for its employees, since you state they do solely clerical duties, Voluntary Workmen's Compensation coverage may be provided by securing a policy of insurance from any carrier authorized to write Workmen's Compensation in New York State. As to Disability Benefits, providing benefit for non-occupational or "off-the-job" sickness or injury, not within the provision of Workmen's Compensation, I have to advise that the exclusion of the Disability Benefits Law as to non-profit employers is limited to those "organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual,,," You will know whether your Committee meets the conditions of this statutory exclusion, which is found in Section 201, subd. 6, of the Disability Benefits Law. If not within this statutory exclusion, then notwithstanding the solely clerical duties of the Committee's employees, Disability Benefits are to be provided if four or more COPT Miss Mildred Adams, Research Director - 2 August 12, 1954- persons are in employment on each of at least thirty days in any calendar year. Provision is to be made for payment of benefits in the manner provided under Section 211 of the Disability Benefits Lav, not later than four veeks following the thirtieth day of such employment. I trust that this gives you the information you require. If not, please come back for such further information as you need. With regards and best vishes, I am Sincerely yours, /s/ Mary Donlon Mary Donlon Chairman WORKMEN'S COMPENSATION S T A T E O F NEW Y O R K BOARD STATE O F F I C E BUILDING ALBANY \7 N.Y. MARY D O N L O N CHAIRMAN August 12, 1954 Mrs. Mildred Adams, Research Director Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New York Dear Mrs* Adams: I have your letter inquiring as to the obligation of the Committee on the History of the Federal Reserve System to provide benefits either under the Workmen's Compensation Law or the Disability Benefits Law of this State, or both. Your organization is, as I understand, an independent non-profit organization. Non-profit organizations are not required to provide workmenfs compensation benefits for n on~the-jobn injuries, that is, for injuries caused by accidents that arise out of and in the course of employment, unless there are in the employment "four or more workmen or operatives regularlyff* A workman or operative is a laborer or a mechanic who does manual work. There are excluded from the definition those whose duties are clerical or professional. Therefore, there would seem to be no obligation upon the Committee to provide Workmenf s Compensation benefits for its employees, since you state they do solely clerical duties. Voluntary Workmen1s Compensation coverage may be provided by securing a policy of insurance from any carrier authorized to write Workmenrs Compensation in New York State* As to Disability Benefits, providing benefit for non-occupational or ffoff-the-jobn sickness or injury, not within the provision of Workmenfs Compensation, I have to advise that the exclusion of the Disability Benefits Law as to non-profit employers is limited to those "organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual•.«.ff You will know whether your Committee meets the conditions of this statutory exclusion, which is found in Section 201, subd. 6, of the Disability Benefits Law. If not within this statutory exclusion, then notwithstanding the solely clerical duties of the Committee1s employees, Disability Benefits are to be provided if four or more Mrs* Mildred Adams, Research Director - 2 August 12, 1954 persons are in employment on each of at least thirty days in any calendar year* Provision is to be made for payment of benefits in the manner provided under Section 211 of the Disability Benefits Law, not later than four weeks following the thirtieth day of such employment* I trust that this gives you the information you require* If not, please come back for such further information as you need* With regards and best wishes, I am Sincerely yours, Mary Donion f Chairman MD/bjc STATE OF NfW YORK JH& DEPARTMENT OF LABOR DIVISION OF EMPLOYMENT UNEMPLOYMENT INSURANCE ACCOUNTS BUREAU 4 2 NORTH PEARL STREET ALBANY I, NEW YORK August 9, 1954 Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New York In reply refer tot LDD 2 Gentle merit lour letter of August 4> 1954, directed to Mr. Richard Brockway has been referred to this office for reply. An employer becomes liable for contributions under the New York State Unemployment Insurance Law when he has employed four or more persons on fifteen or more days during a calendar year in employment covered by the Law. Liability begins on the first of the fifteen days of such employment. However the Law grants exemption to any corporation, unincorporated association, community chest, fund, or foundation organized and opertted exclusively for religious, charitable, scientific, literary, or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual. In order that we may determine whether you qualify for the exemption provided in the statute, you should explain &ore fully the method and manner in which the committee operates. You should also enclose a copy of the charter, by-laws, or instruments under which you operate. In order that we may be in a position to determine your liability under the Law in the event that it is found that you do not qualify for the exemption provided in the statute, we enclose Report to Determine Liability, Form IA 100, which should also be executed and returned to this office. Very truly yours, UNEMPLOYMBHT INSURANCE ACCOUNTS BUREAU Liability and Determination Section LC^MFM Inc. By /p^£d &s rthoys Leslie Curthoys A IA 100 (2-53) FOR DEPARTMENTAL USE ONLY STATE OF NEW YORK DEPARTMENT OF LABOR 1 Industry Location Employer Number ] |_ Examined By Coded by Subject Date | Avg.Qtrly.Contrib. Avg. No. Employees Previous Owner 1 DIVISION OF EMPLOYMENT POST OFFICE BOX 1589 ALBANY 1, N. Y. MAIL THIS REPORT TO THE ABOVE ADDRESS D IA196 D No Letter • IA184.1 • REPORT TO DETERMINE LIABILITY UNDER THE NEW YORK STATE UNEMPLOYMENT INSURANCE LAW This report is to be filled in and returned to the above address promptly, whether or not you are liable for contributions under Article 18, Section 572 of the Labor Law. If the space provided under any item is not sufficient for a complete answer, use additional sheets, identifying- each as a part of this report and attach thereto. FILL IN WITH TYPEWRITER OR PRINT IN INK —ALL QUESTIONS MUST BE ANSWERED 1. Name of Employer 2. Other Name under which business is conducted (trade name, registered name, etc.) 3. Business Address ~ No. and Street City or P.O. Subd. State Zone No. 4. Address to which correspondence and reporting forms should be mailed for the above employer: No. and Street City or P.O. Subd. State Zone No. 5. Give the following information regarding your business organization in New York State: Type of Organization: Indicate by Check ( / ) . Individual Ownership • ; Partnership • ration • ; Household employing Personal or Domestic Servants • ; Other (specify below) : ; Corpo- 6. List below the name(s) and home address(es) of the owner; the partners, if a partnership; or the officers and their titles, if a corporation. Name Residence Title 7. Give date on which you began to operate this business in New York State... (a) In which of the last seven calendar years (including the current year) did you first employ four or more persons in New York State? (Write "NONE" if you did not employ at least four employees during fifteen days in any calendar year.) (i) Indicate first day, during the year given above, on which you employed four or more persons Enter Date (ii) Indicate the fifteenth day, during that year, on which you employed four or more persons Enter Date (b) If there are any persons performing work for you whom you did not include in determining the dates in item 7 (a) above, give the following information: (i) Year No. of Employees No. of Days Employed Dates of Employment Nature of Work ' (ii) Explain reason for not including these persons as your employees :.. (iii) Name and Address of Person(s) you regard as their employer: CONTINUED — —2— 8. Did you acquire all or part of the business of another employer? (Yes or No) (If the answer to question 8 is Yes, the following information must be given.) a. Check ( / ) one • • A L L of the business was acquired. P A R T of the business was acquired. b. Date of acquisition c. Business name of previous owner Business address Employer registration number of previous owner d. Is the previous owner still in business? (Yes or No) 9. If you acquired only P A R T of the business, answer the following: a. Did you assume any of the previous employer's obligations? (Yes or No) b. Did you acquire any of the previous employer's good will? (Yes or No) c. Have you continued or resumed the business of the previous employer either in the same establishment or elsewhere? (Yes or No) d. Did you employ substantially the same employees as those the previous employer employed in connection with the part of the business you acquired? (Yes or No) 10. What records reflecting payroll information do you maintain? a. Give address at which records are kept. b. Give name and address of person having custody (or who will have knowledge) of your payroll records. 11. Do you wish to elect voluntary coverage under the Unemployment Insurance Law? 12. Do you wish to elect voluntary coverage of building maintenance employees, under Section 561.4 of the Law? (See page 4 of this report for provisions of Section 561.) 13. If you are a Corporation, Unincorporated Association, Community Chest, Fund or Foundation ORGANI Z E D AND O P E R A T E D E X C L U S I V E L Y F O R R E L I G I O U S , C H A R I T A B L E , S C I E N T I F I C , L I T E R A R Y OR E D U C A T I O N A L P U R P O S E S , no part of the net earnings of which inures to the benefit of any private shareholder or individual, answer a, b, and c below. (a) Type of Organization. Indicate by Check •(/). • Unincorporated. Q Corporation. • Community Chest. • Fund. • Foundation. (b) Purpose for which business is organized and operated. Indicate by Check ( / ) . • Religious. • Charitable. • Scientific. • Literary. • Educational. (c) Is your organization engaged primarily in the production of plays, musical or otherwise, for the entertainment of the public? If you claim exemption from the ments MUST BE submitted with (i) Copy of charter or articles of (Yes or No) New York State Unemployment Insurance Law, the following docuthis report, incorporation. (ii) Statement of income and expenditures for a period covering the last three years, (iii) Copy of balance sheet, - 3 14. List the information requested below concerning your place(s) of employment. FOLLOW INSTRUCTIONS CAREFULLY. INCOMPLETE ANSWERS WILL DELAY PROPER DISPOSITION OF YOUR CASE. IN COLUMN 2 DESCRIBE FULLY THE NATURE OF YOUR BUSINESS ACTIVITIES FOR EACH LOCATION LISTED IN COLUMN 1. (1) If MANUFACTURING: (a) What are the principal products manufactured? (State in order of importance.) (b) What are the principal materials used ? (c) Write "Contractor" if major portion of your work is done on a contract basis rather than for sale on your own account. (d) Describe type of establishment, e.g., rolling mill—continuous, foundry, knitting mill, general machine shop. (e) If manufacturing clothing, specify whether men's, women's or children's clothing. (2) If engaged in TRADE, state whether sales are at retail or wholesale; and if wholesale whether as owner or agent, e.g., retail—groceries; wholesale (owner) fruits and vegetables; sales office of firm manufacturing outside of New York State. (3) If an EXECUTIVE OFFICE describe activities and give location of operating plants, e.g., executive office—manufacturing chemicals in Delaware; executive office—chain of retail clothing stores; executive office—coal mining in Pennsylvania. (4) If an employer of DOMESTIC SERVANTS IN OR ABOUT YOUR OWN HOME, write "domestic servants". (5) If engaged in other types of business, describe fully, e.g. : real estate—ownership and operation or managing agent or broker, etc. construction—sub-contractor—electrical work, etc., or general contractor—buildings, roads, sewers, etc. (6) If operating a HOTEL, is your business of seasonal nature? Column 1 Column 2 Column 3 LIST THE LOCATION OF EACH PLACE OF EMPLOYMENT IN THE STATE OF NEW YORK ON A SEPARATE LINE. (By place of employment is meant each separate office, factory, operating unit, or home maintained.) DESCRIBE FULLY THE NATURE OF BUSINESS ACTIVITY CARRIED ON AT EACH PLACE OF EMPLOYMENT. See instructions above. TOTAL NUMBER OF ALL EMPLOYEES NOW EMPLOYED AT EACH LOCATION. Line City or Village and County 1 2 3 4 5 15. This report is invalid without the signature of an officer, partner or proprietor and MUST BE notarized. STATE O F N E W YORK, ISS * "' < MUST BE FILLED IN. COUNTY OR. The undersigned being duly sworn deposes and says that he has read the questions and answers and that said answers are true according to his best knowledge and belief. Subscribed and sworn to before me this., ..day Business Name of Employer .195. of Signature of Officer, Partner or Proprietor Notary Public Official Position (Affix stamp or seal) INFORMATION GIVEN IN THIS REPORT WILL BE USED BY THIS DIVISION TO DETERMINE YOUR STATUS AS AN EMPLOYER UNDER THE NEW YORK STATE UNEMPLOYMENT INSURANCE LAW. IF YOU ARE FOUND TO BE A SUBJECT EMPLOYER, YOU WILL BE ASSIGNED AN EMPLOYER REGISTRATION NUMBER AND WILL BE NOTIFIED OF THE DATE YOUR LIABILITY FOR PAYROLL REPORTS AND CONTRIBUTIONS COMMENCES. IF IT IS DETERMINED THAT YOU ARE NOT A SUBJECT EMPLOYER, YOU WILL BE NOTIFIED ACCORDINGLY. _ 4 — VOLUNTARY ELECTION. Section 561, Subd. 1. "Employer. Any employer not otherwise liable for contributions under this article as an employer may become liable therefor (a) as of the first day of any calendar quarter, provided (1) he files an application with the commissioner to elect coverage for at least the unexpired portion of the calendar year in which such coverage is to commence and the following calendar year; (2) such application is filed on or before the last day of the calendar quarter in which coverage is to commence; and (3) the commissioner approve such application in writing; (b) as of the date on which he acquired the organization, trade or business, in whole or in part, of another employer who is liable for contributions, provided (1) he files an application with the commissioner to elect coverage for at least the unexpired portion of the calendar year in which such acquisition occurs and the following calendar year; (2) such application is filed within thirty days following the end of the calendar quarter in which such acquisition occurred; and (3) the commissioner approve such application in writing." Subd. 4. Building Maintenance Employees. Any employer not otherwise liable for contributions under this article who operates a building may elect to become liable therefor, pursuant to the provisions of subdivision one of this section, but may limit his election exclusively to employees engaged in the maintenance of a specified building." MAIL THIS FORM TO: STATE OF NEW YORK — DEPARTMENT OF LABOR DIVISION OF EMPLOYMENT POST OFFICE BOX 1589, ALBANY 1, N. Y. Distributed May U , 1954 FBDFOSfl) KSUTIOM B1WIM TdE COHMITTEI OS VOL HI8TOK3C OF THE FEDEIUX, EESEBvl SYSTEM AHB fHE BROQKIMGS IMSTIOTIOH 1* lae Committee on the mstory of the Federal Reserve %-stem sad the Brookings Institution will assume Joint responsibility for the administration of the proposed project on the History of the Federal Reserve Systest end the expenditure of funds that say be granted by the Rockefeller Foundation for this a c t i v i t y , the proposed grant w i l l be made to the Brookings Institution for administration jointly by the Committee and the Institution* 2. the Committee v i l l enlarge i t s present membership and provide for the replace* ment of members as agreed upon by the Committee and the Brookings Institution* 3* To f a c i l i t a t e the administration of the project, the Committee v i l l designate an Executive Committee with power to make administrative decisions j o i n t l y with the Brookings Institution on matters that may require action* and a member of t h i s Executive Committee w i l l be designated and empowered to sot for the Committee in accordance with general p o l i c i e s established jointly by the Committee and the Brookings Institution. 4* the Committee* directly or through i t s designated representatives* and the Brookings Institution* through the President* w i l l j o i n t l y determine the research and related a c t i v i t i e s to be undertaken* the allocation of funds* the manner in which these a c t i v i t i e s shall be pursued* the personnel to be engaged* the eon* tracts, grants* or other commitments that may be made* 5* She administrative arrangements and the payment of funds w i l l be handled by the Institution on the authorisation of the President in accordance with procedures approved by the Committee and the Institution. - 2 - 6« Baployees engaged for work on the project shall be appointed by the President of the Institution in consultation with a designated representative of the Committee, end they shall be joint employees of the Committee and the Institution for specified periods, and not regular employees of the Brookings Institution* 7. Contracts or grants for writing, research, or other sendees shall be arranged by the President of the Institution in consultation with a designated representative of the Committee* These contracts or grants, as the circumstances may require, shall specify the obligations of the parties, the amount and manner of payment, the responsibility for supervision, and the responsibilities re* specting reading and criticism of manuscript, editorial work, approval for publication, and publication arrangements* Such contracts or grants may be entered into with the Brookings Institution i t s e l f for portions of the vork on terms that comply with the Institution's usual operating practices* $• The Institution will keep a record of i t s overhead and other expenses in* eurred in administering the project, and render an accounting to the Committee annually* Such expenditures up to 13,000 p^r year (as provided in the request) shall be charged against the funds for the project* Any expenditures beyond $3,000 per year shall be subject to reimbursement with the approval of the Committee* 9» These arrangements shall apply for the duration of the project over the next five years, unless altered with the approval of the Committee and the Brookings Institution* August 4, 1954 Dear Mr. Brockwayx I have been asked to write you in regard to the obligations of this Committee to its employees under the Unemployment lews of Hew York State. The funds with which we work come from a Rockefeller grant which is disbursed by the Brookings Institution, a tax-free research organisation of Vashington, D. C. This office, however, operates in Sew York City. The number of our employees, all clerical, varies according to the work load, but will seldom exceed four. Could you tell us whether, under the above circumstances, we are subject to lew fork State laws and if so, what our obligations are. If forms must be filled out would you be so kind as to have them sent us. Thanking you for your courtesy in this, I am Very sincerely yours, Mildred Adams Research Director Mr. Hi chard Brockway Division of Employment 1440 Broadway Hew York, I. Y. August A, 1954 Dear Miss Bonlont I have been £ sited to write you in regard to the obligations of this Coifflsittee to its employees under the Disability and the Vorkjnen's Compensation laws of New York State, The funds with which we work cosie from a Rockefeller grant which is disbursed by the Brookings Institution, a tax-free research organization of Washington, B. C. This office, however, operates in Hew York City. The number of our employees, all clerical, varies according to the work lead, but will seldom exceed four. Could you tell us whether, under the above circuastanees, we are subject to New Xork State laws and if so, what our obligations are. If forms must be filled out would you be so kind as to have them sent us. Thanking you for your courtesy in this, and with warm personal regards, I am Very sincerely yours, Mildred Adams Research Director Miss Mary Donlon State Office Building 80 Centre Street Uew York, H. Y. July 8. 1954 Dear Pom As I told you this morning, one of the problem* of shifting free • •hort-tem project to one which will continue for five years Is the mmttft? of fringe benefits for employees. As you know, the Bask bag, up to the present time, loaded us people froa their own staff m& charged us for their salaries. They now feel quite understandably that itte better that employeet go on the Committee payroll • Technically X suppose this &akes the* the joint responsibility of the Comittee and of the Brookings Institution, and therefore subject to the arrangement* which Brookings shakes with its own employees* On the other hand, the&e people work. in the Bank which in turn has its own rules* In order that there should not be too much disparity between our arrangements m& the arrangements which the* Bank makes X talked this coming with Mi* Smedley, one of the Bank's personnel managers* Ve discussed in detail the matter of fringe benefits es provided by Brookings and by the Bank* The net result of our conversation is ss follows; Social Security « Federal practise rules in both places and. would govern us. Hos^ltaligatlon - Brookings uses the Blue Cross and employees pay all costs. The Sew York Bank uses both Blue Cross end Blue Shield and pays two-thirds of the cost. Ifr* Smedley is sure that Blue Cross service can be enlisted in Hew lork for Committee employees* He thinks we would do well to follow the Brookings arrangeiftent snd have employees pay the whole cost as they choose to* Sick Leave - The Brookings rule 1© that staff members nay have sick le«ve with pay at the rate of fifteen working days for esch fiscal year (1*25 days per calendar south) cumulative to a maximum of 90 days* This corresponds closely to the Bank's arrangement and should be followed. —JC"» facation OR Fay - The Brookings plan is that staff members are eligible for annual leave with pay at the rate of two days p*r month plus one extra day for the twelfth wonth malting 25 working days for eseh fiscal ye&r. This is slightly more generous thar the Bank*a plan and Mr* Smedley thinks we should accept lt» Insurance • Disability, Unemployment, Workmen's Compensation, Here the Committee is more or less on its own, and subject to the Hew Tork State laws, (The Sank being a Federal institution merely supplies equivalents. Brookings being in Vashington is not subject to Hew Tork laws}* Mr, Smedley advises that Brookings write the ifew tork State authorities to ask for instructions and forms, Tou, who are familiar with the lew Tork State laws, may have another suggestion. Retirement - Mr, Smedley says this is a minor benefit so far as -tost young employees ere concerned. The only warning is that nothing should imperil the employees future retirement rights. Presumably the Brookings provisions would apply. In addition to these specific arrangements the Bank will be so kind as to share with Cossatittee employees two fringe benefits of obvious value. The first Is the right to eat in the Bank's cafeteria, where food prices are so arranged that the Bank assumes 53$ of the cost. The second is the setter of medical facilities la the Bank's clinic. This latter includes clinic advice and ministrations in the event of sudden illness or accident on the job, an annual physical examination, and a required check-up by the medical officer after two days or more of absence on sick leave, I am particularly eager to have ^omr ndviee on the natter of insurance and hospitalization. I assume that the whole arrangement should be submitted to the Executive Committee, but I would like recommendations on those two items before sending it further. Best ae always, Mildred Adams Mr, Donald B. fick Chemical 122 East 42nd Hew Tork City Woodward Company Street 17, !!. I. July S, 1954 Dear Dr. Calkins: Thanks so much for your letter of July 2nd enclosing copies of correspondence with Dr. Kincaid, Dr. Williams and the Rockefeller Foundation. It is very comforting to know that you actually have the check in hand* The two possibilities whom Dr. Williams mentioned, namely Professor Wood and Professor Reed, have also been mentioned by Mr. Sproul. There is so much interest in Professor Vood that I am hoping to see him on a trip which I must make to the Middle Vest later in the month. I know less about Professor Reed and would be most grateful for any comment you can give us. Thanks also for your paragraph on the matter of fringe benefits. I talked this scorning with Mr. Smedley, who is one of the Bank* s personnel managers, and I hope shortly to have a basis which can be presented to the Executive Committee for approval. The fact that the Committee is in Hew Tork whereas Brookings is in Washington presents a few difficulties, but I think they are by no means major. I seem to have no record of your choice on the names proposed for Committee members which was attached to the Progress Report of June 24th. I am eager to add your vote to the list. Most sincerely, Mildred Adams Dr. Eobert D. Calkins President The Brookings Institution 722 Jackson Place, R.V. Washington 6, D. C. Carbon Copy to Mr. Donald B. Woodward Efeftf £r» fi©lHlHM Thtmkw to sroeh for tending a© a copy of year l d t i a r of Jun© 28th to Dr. glnoftld* I :Io hop© tV'.ij? r o a t s w v i o e All »fttl«fy h i » . I Ml osk«d tiy th* N9MNM& u l v i t i o s of th* Bank to find ant -ffeMI you what "fring© b©»©fitt* would bs *r*il*bl© for ©aploy©©© of t h i s Ca#s<t©©» At you know, th© t t a f f bet up to iha ^r*?«at b»«n M$l£9#4 b^ t h t *©d«ral £©3©rv© Ban* of $*f>w Toife and lb© Sank bat c*targ«d us for t t t t i ? tal*rt©*« At I vmdarstan^ i t , ©topi© who eo»s© to work for VM from th© 1 s t of -Jnly •» w i l l %* t**:h«i©%lly the ©£kpXoytM of t h i s Comitta© although tb* Bank w i l l Hindi? continn© to do th© «or©©ning -*Jiel h i r i n g for a s . I m sura staff 3*©»b©r© will gft Social S«eurity, but tftuift about oV: aft b©n*fits, h o s p i t a l i s a t i o n ©t t i t t feet* th© Brookings booklet, m l hftft r^std p t g r r 1.6 through 2J, but I ass aot sur© t h a t ©a^loytat of t h i t Coanltt©© *•<*»«• os4©r i t a full u»fer©!Ia« This ©robl©aR ©*© not con© up for d i t e u t t l o s «*rli©r s but i t i t T^ry awth on th© jaind of th© ?*rtecn©l Division and apparently & factor Itt any h i r i n g th©y ©©J do for ns« X w i l l h© frratefol for in foliation ^nd ©onn#«l« Cordially yours, Mildred Anna* ftp* Bofoert ft* Cnlkln© Pinnlttul Tb© Si'ookla^t X n t t l t u t l o n 722 Jacks©** ? l a e o t SUV* Vstahlngton 6 . IU C* M I S C . 4C.i-i8M.i-B3 FEDERAL RESERVE BANK OF NEW YORK OFFICE C O R R E S P O N D E N C E DATE. To FROM Miss Adams . If* A» Harris SUBJECT„__ . JflUe lg, I9$k _ _ _____— _ _ Attached are two sketches showing a re-arrangeaienfe of your present office space so as to provide you with a private office* I think proposal nBn is by* far the best of the two. The partition in fronfc of your office should not be to the ceiling in order to provide proper air conditioning of the entire area* After you have exaiained these sketches, I shall be glad to talk to you about them. ma/or Atts. 7^5 ^ ^ ^ ^ J * C ^ ^ h --u/" "^ June 22, 1954 MEMO Mr. Harris and his draftsman came in to talk about the two proposed plans for rearranging present office space so as to provide the research director with a private office. Proposal A would crowd her and provide L-shape space for the staff. Proposal B would give her a good office with two windows, but crowd the staff to the front. I:t was agreed that the present space does not lend itself easily to cutting in either fashion• It will not be possible to make any rearrangement until August when the Bank expects a stock of new partitions• Under these circumstances the whole matter of rearrangement will wait. In the meantime, better space may be found in the Bank. MA PART-TIME STAFF MEMBERS ABOLIN, Mrs. Elizabeth BURNETT, Miss Marguerite %t?' 111' I*"* .• "rj J u n e 13, 1955 "v**®***-: -•« •*? Miss Marguerite Burnett Committee em the History of the Federal Reserve System 33 Liberty Street New York 45? Mew York Dear Miss Burnett: In accordance with the 0ugg@sti.a11 of Miss Mildred Adams, I should like to advise you that we have approved your leave from Jume 15 to August 31, and have reappointed you as Research Associate for the period September I to December 31* 1955, at a salary of per month* This is a Special Temporary Appointment for work on the History of the Federal Reserve project* Sincerely yours., ROBERT D. CALKINS President cc: Miss Adams ^ Mr. Woodward Mr. A k e r s Miss Maroney M r s . Wilson Wt\t ^rooking* 3MB*^u*wm February 1, 1955 Mrs, Maxwell Ciuett Committee on the .History of the Federal lie serve System 33 Liberty Street Mew York 45, Mew York Dear Mrs* Ciuett: Tbis letter is to confirm the arrangement that has been made by Miss Adams, Executive XHreetor of the study of the History of fit* Federal Reserve System. It is our understanding that you will furnish. 25 additional copies of the Kincaid Inventory of the Carter Class Papers, and that, for this service you will bm paid at the rate of per hour. Sincerely yours, President cc: Mr. A k e r s M i s s Maroney M r s . Wilson Miss Adams %/' ABOLIN, Mrs. Elizabeth Committee on the History of the Federal Reserve System C September 7, 1954 Beer Mrs* Abolint Tnis note is simply to confirm, for your recorde and mine, our telephone conversation of Friday, September 3. Ve are very grateful for the vork on records at the Library of Congress vhich you have done for us, So far a^ the future is concerned however lng to have to make some adjustments before going further* Under those circumstances mid also in view of the faet that you yourself are not a typist, we vill be finding someone else to take over when we make these changes* I understand that you have received the cheek for payment in full for work done which I asked to have sent to you* Thank you again for your kindness in undertaking this piece of work for us* Veir sincerely yours, Mildred Adams Research Director Mrs* Elisabeth Abolin 204. fhlladalphla avenue Takona Park 12, Maryland 9 ?7 *3 August 27, 195-4 Dear Mrs. Abolini Mies Adams asks ae to tell you to be in Washington the second and third is hoping that it vill be convenient for at that time* She vill telephone for an her arrival Thursday Horning. that she expects of September, and you to see her appointment on Very sincerely yours, Lois Krebs Secretary Mrs. Elizabeth Abolin 204 Philadelphia Avenue fakosa Park 12, Maryland ABOLIN, Mrs. Elizabeth August 4, 1954 Bear Mrs. Abolin; I have just returned from the Vest to find your letter of July 25th -with the two registers In sa accompanying mail. This experiment has done just wh&t I hoped - given us a couple of excellent samples frore vhich ve could nake a choice. It is clear that we GO need the container lists, or part of them, in order to be completely informed as to what of interest these collections hold. I judge that for the Baker collection this means copying a great deal of material vhich is irrelevant for us, is order to get a small amount which we need. Therefore I am going to suggest that you hold this and the other registers until I come down to Washington, which will be next week or the week after. You and I can then go over the*s and make our selections. Meanwhile I am asking the Brookings Institution, which handles our disbursements, to send you their check for $7,3© which is the amount you indicate as due you. This Igr no means implies that the work is over, but merely that this is the July account, I will let you know the dates of my Washington trip as soon as they are settled. Very sincerely yours. Mildred Adams Hesearch Director Mrs, Elisabeth Abolin 204 Philadelphia Avenue Takoma Park 12, Maryland July 27, 1954 Dear Mrs. Abolin* la Miss Adams's absence, I should like to acknowledge and thank you for your letter to her of July 25th end for your typescript of the James L. Laughlin and Bay Stannard Baker collections. She la at present on a trip to several Reserve Banks in the Middle Vest and is expected back in the Bank lay early next week. I iiill be glad to bring your letter to her attention immediately on her return and she will write yon personally at that tine. Sincerely yours, Research Assistant Mrs. Louis Abolin 204 Philadelphia Avenue Takoma Park 12, Maryland km V^ ,vn * H \JjLoA ^AA-iA ViAoAXLS - ^ \AJUOJSUJL U ^ ^ JUJuS^u v c A i u , *l "&*> * VAH> Ju_<yC«^<s ^ <WJL, ^ V * G^AJ- curk*. 1.5 J> A CJUt/L , * ?. 3 6 Attgttst 4f 1954 X»*a.r Kr» Ak«r*ft 1 fcpw b«e«i feavlmg soise ©offing doa* t t t.h« .library of Congress for whlefe w«? twt & July bill,,ftSfcdX wonder i f f«W ftfffl pay 11 for as ©u t h i * sis*pl# kis4 ©f a r e ^ s ^ s t . Hr»« EliMbttfe &fcoli»# 2£H Phllftitelphic i»'«Hl»j Tfctaaui P&rlr. 12, j&ryla&d *fccttld to pi id $7*36 for typing *nd supr-llefi. The exact d e t a i l * ere as follovsi 7pp - $»• r*>giiter, typing cepy a t $.60 i f » » 14.20 16.60 «f6 Paper $7.36 I w i l l fee NN& grateful Sf yw: can take MOPS of t h i e for ©0* Sincerely yours, Mildred j&fttt* HftAeareh Director Mr. SbeGUton Akers Breakings* l a s t l t u t l i m 722 fiijuim ? 1 A C « , J*.V. Washington 6, D* €# ABOLW, Elizabeth July 13, 1954 Dear Mrs. Abollae X heee jour l e t t e r of July 8th saying that you have seen Miss Brand, sad 1B the s«?se anil * l e t t e r fren Miss Brand t e l l i n g m© what .material she had given you to copy. May I s*y 1& the f i r s t pise® that I an sorry there was a aileunderatsnding ^feout the typing end of i t , I thought that b«4 bee?* cleared In tn© beginning. UlSS Brand t e l l s *e that she bss given yon two of the registers to be copied at hose and I note she suggested that perhaps the coversheet, biographical note, snd description of series voultf fee enough* i s I have oot «greelf seen these registers, I wonder i f the ei»g>ljtest t-Mng would be to copy the coversheet, biographical note, end description of series f i r s t end send them to me« X can then t e l l whether we also need the detailed container l i s t . X sa sorry to bar© to do t h i s by remote control, but X cannot get down to Washington until August, Perhaps then we c&a go into ih«i registers raor© i D detail* I would, however, suggest thstt you follow the plan sketched above as soon e s possible* The typing price you Quote, namely, ,60 * page for single space copy work sounds entirely satisfactory, I assume that you w i l l ©heck your daughter*s work m4 be sure the copy Is accurate* ¥«§ry sincerely yours, Hildred Adams Research Director Kr§. Elisabeth Abo1in 204 Philadelphia Avenue feko»a Park 12, Maryland WU^EJL\ Sl^WU^^ L ^ - ^ ^ ^ ^ <n, t u r f u ^ . * J U , « ^ "^-^ U u R-v-ciTW iJ* " ^ s ^ "IW u j u com. C>TtcCe^>_<jeJ) *-*•- <zJbyJ$ ABOLIN, Elizabeth Copy for Miss Brand June 25, 1954 De®r Mrs. Abolini I have now heard from Mis* Katharine Brand of the Manuscript* Division of the library of Can$p9®& that the -mteri&l I wanted you to eo?7 is re^dy to be handled. She suggests that you olght uncert&ke it next week. This involves simply the copy of registers of collections of papers which are of interest to this Coasaiitee. stLa* Brand knows all about this &sd I would suggest that you o a H sad sake an appointment to see her. She will than explain the work to you and show you the mterlal to be copied. I think no ought to hare an original and two carbons of the rvsterial* I understand that you have dona **ork in the Library of Congress before this so that you know what their regulations are in regard to typewriters. 4s for payment, I can only suggest that you keep track of your time and send us a bill at your regularly hour rates. We sssuae that the rate will include the cost of the paper you furnish. From this distance I can not estimte the length of time th^t this will take, but yo*i will know better when you see the J&P®TM* ¥ery sincerely yours, Mildred k&®&* Mrs. Elisabeth Afeolin k'OU Philadelphia Avenue Takoaa Park, Maryland Beatrice Bulla will not be back from Europe nntil the ^ end of June. Miss Ellis suggests Mrs. Elizabeth Abolin. Mrs. A,is a librarian who worked at N.Y.Public Lib. Ifche last few years has done private research jobs. Is now compiling an index of fish for Fish and Wildlife Bureau on temporary basis. If material is available on Saturdays could do it now. If not, after middle of May. Research for Air Pilots Assn. Mrs. Louis Abolin Home: 204 Philadelphia Ave. Takoma Park, Maryland (Also worked at L.C. Phone: Juniper 8-2319 on jobs) Office: Interior Bldg. Phone: Republic 7-1820 (Code 181) Br. 4128 ZQk Philadelphia Avenue Takoma Park, Maryland May 28, 1951*. May 28, 195^. Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street New York k5. Hew York Dear Miss Adams: Thank you for your note in regard to the material in the Library of Congress on which you would like some work done. I am, indeed, interested in doing it, and I shall be glad to hear more about it after June let. I am sorry I was not here when you called me, end that you didn't get the careful messages I left for you, including a telephone number at which you could reach me. Very sincerely yours, May 24, 1954 Dear Mrs. Abolin* Just a note to let you know that I tried to call you back last Friday afternoon but found that you were not expected btiCk in your office. The aaterial in tae Library of Congress which I Bientioned to you sad on which ve vould like some work done is not yet quite ready and will probably not be VBtil after June 1st. If you are interested ia taking this on, I shall be glad to let you know when we can go ahead with this, which I hope will be very shortly after June 1st. Sincerely yours, Mildred Adams Mrs. Louis Abolin 204 Philadelphia Avenue Takoaa Park, Maryland ka BURNETT, Marguerite June JO* 1954 De?*r Arm Soelse: I s UM Any seating of t h i s Co^Uttee Hr* Burgess suggeatfti ti <t ;<ias gurnett, niio retire- ftroa bar ..=ost at iierarlaa at Ibt and of J u l y , ftlg&t b* useful ie t h i s Co&<%itte* as tt w m w l l assistant* I talited with fliss I&smeti about tmv plans Kind our aead*» c?nd wrote Mr* Sproal suggesting ft j o i s t srrangeseat for six sooths by which she would fialFh EO^0 clearing of her own f i l e s &na undertake a specifie project for u s . He said JOJ would be talking ta a* about i t . Thai was j « a t about ti;o t i a a ttoa JJofltoafellef foundation grsnted our sfteisi request, and go neay tMffgif have iatarvaaea' th»t I have s o t bad a ahanee to bring the matter to j o u r attention* However, I talked recently a l t h Miss Burnett, una «* sending you t h i s description of what we nave in -*ind in an attempt to cJUrify tbe situation* fills eeeter of t i n project dates froa two things • & f s e l i a g t b e t nay history of the £yit«s '3$usi include the regional bsnke &n& t&nt therefore we jaust gftt 8 t the regional bank iVlkdfli to fia« out what i s in then, end • l e t t e r from Mr* Sproul in w: icfc he goes into aoise d e t a i l on the efta* subject, Mr, Sproul*s l e t t e r , of March £Vtb, suggested *syetea*iti*Lng records of Material l a Voe f i l e s of the Bo&rd of Covermm nod tfee ieditsel Reserve Beaks* preparatiaft of a waster f i l e on paper* and collections* siready deposited in l i b r a r i e s or i n s t i t u t i o n s , and evaluating *&& making provision for the preservation end us® of other re*?©rde end papers t h a t baa* beesi or say be discovered* This, as* yen know, would a l s o involve not j u s t a l i s t i n g of st&teriel, but would be an attempt to c l a s s i f y a l l much .material end to see- that materials a r i s i n g c u r r e n t l y and In tfee futnre are similarly c l a s s i f i e d so as to assure comparability.* Obviously t h i s i s a large order, but i t can be divided i n t o haadlcable u n i t s . We a r e , of course, making the *»ester f i l e of papers end collections* and fclll continue i t . Ve are taking steps to help in the classifying of material according to a pattern efeieb w i l l ssake comparability possible* The *systenatising records of material* In the f i l e s of Boisrd &ad Banks rersatnn untouched, except a t I have been learning a l l I eowld shout hov records era kept una have b»?en discovering a v a r i e t y of ftjritft ftg« I would l i k e to make i further approach by compiling • master f i l e of items which vould come \m&QT the h#*ici of archival met*rial in the p r i o n s r«gf tonal hanks* ¥e have p a r t i a l l i s t s on hand, sent In response to an e a r l y l e t t e r of Mr, Sproul asking the cooperation of the banks in t h i s project* These seem to expend when, on v i s i t i n g ft bank, i t i s possible to explain in more d e t a i l vhet the term "archival material* i&pliss t© ut« For t h e t purpose, and fig i l l u s t r a t i o n , I sm working on a andel l i s t of wttttt an archives collection should contain. This i i based on en archives collection vhdeh vns started in the Sev Tork bank in If24, and i s kept in a vault under the guardianship of Miss D i l l i e t i n . [t i s in en effort %o tpned tile work described t?\ t v ^ snows paragraph t h a t I would like ti i pnrfc tine services of Hiss Burnett* She t e l l s :ae she w i l l bu resdy to s t a r t work October 1st a f t e r a two stoning vacation* I tronld be aost grateful for your &o«$eat on t h i s idea, a«d stsy Ideas yon eonld l i k e to giv§ ~# or* the vrhols problem of locating regional bank archives and suggesting a vsy of 3y§te»*tiaing them* ¥s)*y sincerely. Mildred Ade^s Nr* Sarold Hoelse Vice President (in charge of Sesearnh) federal Reserve Bank of inv fork 53 liberty street lew Tork -45, •• !• p, Lc, stAIT kfmiMtmms Hiss Mildred Adams Appointed January 15, 1954 to M&y X, 1954 Reappointed Kay 1, 1954 through June 30, 1954 Rear pointed July 1, 1954 through June 30, 1955 Mrs. Ellen C. Singer Given temporary appointment September 9, 1954 to December 9, 1954 Reappointed December 9, 1954 through June 30, 1955 Hiae Iran Bursteln Given temporary appointment November 1, 1954 to February 1 # 1955 Reappointed February 1, 1955 through June 30, 1955 IMMHM&#-#**#*'??-y i* >#*##*•* Mies Marguerite Burentt «-*##*-5r# Given six-month appointment October 15, 1954 to April 15, 1955 Reappointed for tiro months, April 15 to June 15, 1955 (to be reappointed for four montba at unspecified date In autumn) * ' £' O r- • . May 3, 1956 ' » :.„ I have your l e t t e r o£ resignation* effective June 30. We a r e t o r r y that the projeet a c t i v i t i e s in the Mew f o r k office cannot fee continued. Your p l a n s to take final iraeation lem® f r o m May 2§ on a r e e n t i r e l y satisfactory* GUT r e c o r d s h e r e show that* if you have taken no leave s m c e A p r i l i, you would be eligible for l e a v e beginning a t 1100% May 24. May I extend very b e s t wishes on the occasion of your wedding and ejcprea.^ the hope that you m a y fee ^rery happy. President MiB® Irma B u r stein Committee on the H i s t o r y of the F e d e r a l H e s e r r e System 33 Liberty S t r e e t Mew York 4§* Mew Y o r k cc: Miss A d a m s Mr, A k e r s Miss Maroney M r s . Wilson s.. • ,, , _, -V' 7-v ' '"''•i Bear M i t t Swrfttcia: Sincerely yours* 4 o „ -• December 21, 1955 Mi&g trmm Bur ate in Committee on the History of the Federal Reserve System 33 Liberty Street New York 45, New f o r k Dear Miss Bur stein: 1 mm very glad to advise jou that yomr salary h&# been inere&aei to per year effective Wovember l t 1955* Yottr December check will include the additional amount due for the month of November* cc: Miss Adams Mr. A k e r s Miss Maroney M r s . Wilson May 26, 1955 {^V v ? '£<'• -, i l l Miss Irma Bar stain Committee on the History of The Federal Raserire System 33 Liberty Street New York 45* New York Bear H i t s Bur steins This letter Is to advise you ol yam? raaiq^iiitment a® Secretary-Stenographer for the period Jmly 1* If §5 to June 30, 1956 for tjrork In conaectioa with the History of the f e d e r a l H^B^zve System* Tour salary for this period will be at the rate of . This is a Special Nb&~ resident AppoiKtmeat* Sincerely youjr* f ROBERT D* CALKINS President ees Mr. Woodward y Miss Adams ^'" Mr. Akers Miss Maroney Mrs. Wilson Pastfmgtnn 6, ^ C May 26, I f 5 5 .«,,,, Mrs* Etttfe C* Singer <So«MilttMi on the History of The .Federal Reserve 8yeturn S3 M h e r t y Street Mew Yerk 45 f Mew York ©nar Mrs* Stager f This letter is to advise yon of yomr reapf oi&imettt as Iteectitiire Secretary ami aeseareh Assistant f o r Ike period July 1, 1955 to lime 3 i # i f §6* at-mm a&mnaA rate of This I t a Special Hom^resliletit Appetatmemt Cor work to comnectioa with the History of the Federal Reserre System* Sincerely ymure* ROBERT D. CALKINS Presite&t cc: M r . Woodward M i s s A d a m s i/' Mr* Akers M i s s Maroney M r s , Wilson „, .. . TRUSTEES HONORARY TRUSTEES WILLIAM R. BIGGS, Chairman HUNTINGTON GILCHRIST, Vice ^ARTHUR STANTON ADAMS " ' %PEL w # fiELL >ERT D . CALKINS ^ O N A R D CARMICHAEL " W I L F R E D L . GOODWYN, J R . J O H N W . HANES LEWIS WEBSTER JONES JOHN E . LOCKWOOD LEVERETT LYON GEORGE C . M C G H E E ROBERT BROOKINGS SMITH LAURENCE F. WHITTEMORE DONALD B. WOODWARD ROBERT PERKINS BASS MRS. ROBERT S. BROOKINGS JOHN LEE PRATT HARRY BROOKINGS WALLACE Chairman Wc\t ^ruokmgg ^Insttttttum IV •pngfam 0, JL GL 7 2 2 JACKSON PLACE, N . W. miW May 26, 1955 M i s s Mildred A d a m s Committee on the H i s t o r y of The F e d e r a l R e s e r v e System 33 L i b e r t y S t r e e t New York 45, New York Dear Miss Adams: I should like to advise you f o r m a l l y of your reappointment a s Executive D i r e c t o r of the studies on the H i s t o r y of the F e d e r a l R e s e r v e System for the period July 1, 1955 to June 30, 1956, at jan annual s a l a r y of This i s a Special N o n - r e s i d e n t Appointment. Sincerely y o u r s , ^0s£J$ " / President 'ERS ERT~D/CALKINS President MILDRED MARONEY Treasurer JZABETH H. WILSON Secretary SHELDON B. AKERS <*ve i * Manager February 1, 1955 Mias Irma Bur stein Committee on ifee History of tlie Federal Reserve System 33 l i b e r t y Street Hew Tork 45, Mew York Dear Miss Buratein: TMs letter ie to advise yom tfeat your appointment as Secretary-Stenographer for the period Fetortiary I to Jvme 30, 1955 is feeing reclassified as a Eegmlar Appointment since you have satisfactorily served the usual period of ninety days om Temporary Appointment. We a r e Tery glad that yomr work lias proven satisfactory* Sincerely yottrs* y / President cc: Mr. A k e r s Miss Maroney M r s . Wilson Miss Adams §/ Hovauber 10, 1954 Miss lima Burrtain Committee on the History of the Federal Reserve Syetesa 33 Liberty Street lev York tf* Hew York Sear Mies Burstein* This letter ie to acknowledge formally your appointment as Secretary-Stenographer on the project under the Goamittee on the History of the Federal Beserve System. This Is & special temporary appointment, beginning Hova&ber 1* 1954 snd extending Initially for the usual ninety day probationary period* The salary vill be at the rate of per veek* Sincerely yours, President cci mas Mm* Mr* ifoodvard Hies Karamesr Mr** tfUsro i#0«b«r 17, If54 Mnu H i m Colt Simger Oaimitiaa m tho Hlatosy of %# yodtnA Saa«f« fjat«, 31 Mtoarty Stmit IMP Xoxk 45* law foils Soar Mrs* Hnf#rt fteda la&ter in to tadioaio that TO at^e tran*fa«vlA§ jmur .itfttttft ffeo» that of f€mpoimry Apprfjtttaaiit to Jtaraal %p^im^i^t# aff#oti¥# BmmAmr 9# If54# the Awmal AppQljrtaa*t n i l ! M&aBd to June 3Qf 1955* ^m^ar^f 3romir% yvaatdaot «oi H?# 4ft**a Mam KaiMftagr lira* «UanK / A M A4MM Vr Jfiw lood**** ,r *>& v vir* *;*><. re ftr Cj Beeemfeer 14* 1954 Star Br* Cmlkimsi Ye BOW h a w the figure* in for the three**day Princeton meeting* at which we stiaaed ycimr preeeoee and j^ar adv£e*» The total C O B M * to tHS0*7?.*' -and 1 aa making Stee* Singer to e&eloe* a mmmty chart* She has already sent detail* to Hr# Akera* I would think that thie coafere&ee and ita aeqaelj, sow being a^iedmled for Jamaxy 29th if that date meete with Cosooittee approval* should fee paid for oat of the Genftittee9* eonti&ge&egr ftoi# eet up in the budget at yomrtfoggeetioft*May 1 have word from you or Mlae laroney O B thief Mr*. Akere reotisded mm 1 M t week that I efaouM be tending yom word about Mm* Ellen Silver who oaae to work for this Comittee on September 9th a* Xnteotive -ieeretaxy and Besearch AeaiataatHer period of. Temporary 4ppoiBtoent vat wp- on Seeaotber 9th# and.thie ia to sertt a* the appropriate r*€Kme!idatio&» llay I any that Mra» Singer9 a work la abu&de&tly aatlsfaetoxyj a&d that 1 therefore reqmeat that she he transferred, to an Ansae! Apg&l&toumt basie as a member of the special Staff of thie federal leaersre Itady* that appoi&tae&t ahomld he made me of Xtaee&her 9th* May 1 alao mk what the Brooking* policy ia aa to aalary raises? Mrs* Singer** work *eeu to me worth more than the #346 a month which she ia being paid* and 1 weld like' to reeu&exMi an inttreaae at whatever yom regard aa the appropriate time* 8h# is a valuable' aaaiataat* and- will be more valuable a* she gee* on* Very eiacerely year** Mildred Ada»* Br* fiobert B« Calkins the Broofetoga Imatitetiom 722 £acsk*e& Place I*** tfaehiagtoa fe* B*G* Weft ^Sbmifemgs ^fnsittaitrm October 25, 1954- Miss Marguerite Burnett Cosaaittee on the History of the Federal Reserve System 33 Liberty S t r e e t Mew lork U5, Mew loric Dear Miss Burnett: t h i s l e t t e r i s to advise you formally of your appointment as Research Associate for the period from October 13, 1954 to April 1 3 , 1955* This appointaent w i n be for half-time service, for which the compensation w i l l be p©r month. This assignment w i l l be to explore archival material i n the 12 regional banks, and to develop a procedure for the cataloging of such m a t e r i a l s , and to act as bibliographic consultant to the CoBBaittee as needed. This work v i l l be carried on under the general direction of Miss Mildred Adams. Sincerely yours, ; / I / L/ i presiaent eet Miss Aasa* • Mr. Wosd-w&rd Mr. Akers Ml sis Haroany Hr*m Vllsaa September 24, 1954 Hrs* Ellen Bolt Singer Cooaiittee on the History of the Federal Reserve System 33 Liberty Street Hev lark 45, tfev Xarfc Seer Mrs, Singeri Shis l e t t e r i s to confirm your appointment as a aeratber of the jstaff of the group working on the History of the Federal Reserve Syatesu As Indicated by Mies Adams, your appointment i s that of Executive Secretary and Eescarch Assistant at an annual salary rate of or per month* I t i d understood that you v i l l be on Temporary Appointment for ninety days, from September 9, 1954* end i f your vork l a aatiafactoxy a t the end of that time, you u t t l be transferred to an Annual Appointment basis ae a member of the Special Staff for this Federal BaBerve study* I am enclosing herewith the rules and regulations governing the staff of the Brookings Institution, vhich generally apply to those serving on the Special Staff of the fiietory of the Federal Reserve J&yBtm* Sincerely yours* President Enclosure m Hr* %nrf»»d . ISXm Adam* ^ Hr# Akars MissHaroney Kr4, Vilas* y ^ August 19, 1954 Dear Mrs. Singer: I am enclosing with t h i s two studies which say help s e t things in proportion vithout burdening you. Federal Reserve Policy i s an o f f i c i a l publication of the Board, and therefore explanatory r a t h e r than c r i t i c a l . I t deals with policy r a t h e r than with the way things are done, or the agencies which do them. Karl Bopp's f i r s t essay i s useful - he did an e a r l i e r study on the agencies and organisms which carry out policy, but as we have only one copy t h a t w i l l have to await your coming to work h e r e . The Federal Reserve Re-examined i s the newest c r i t i c a l stu<3y which has been made, and i t should set present policy and operations in perspective for you. I haven* t read i t myself, but I hope i t w i l l be u s e f u l . This i s a bankers' study, of course. I would l i k e to be able to recommend a study of the System in the whole economy, but thus f a r I haven't found one, and t h i s may be one of the things that the Committee w i l l have to set i t s hand t o . Don't l e t i f some of i t seems of o t h e r s , too. If, every r i g h t to come a l l t h i s weigh too heavily on your vacation. And incomprehensible, be sure t h a t i t does to a l o t as I assume, t h i s i s a f i r s t dive-in, you have up s p l u t t e r i n g . We w i l l expect you here September e i g h t h . forward to i t . I'm looking Cordially yours, Mildred Adams P.S. Roy i a r r o d ' s book on The Dollar i s not accepted American dogma, but i t sheds l i g h t from another angle. If you want even more, try E. A. Goldenveiser's American Monetary Policy (McGraw Hill 1951)• Committee on the History of the Federal Reserve System September 7, 1954 Dear Marthei I am sending back to you the character data for Alice Cole which you vere kind enough to send me* I am sorry not to have a place here for someone of such obvious abilities* I sent i t on to Mr* Booth of the bank's Personnel Division oa the ground that he was looking for a research assistant and might find Miss Cole to be just the person he needed* He has return i t this morning saying that i t i s too "heavy" for the position avail* able* He is* as I told you before, much interested in the type of people that you have to offer* Sincerely yours, Mildred Adams Research Director Enclosure Miss Martha Anderson Prudential Placements 599 fifth Avenue Sew Torkf Mew Xork COMMITTEE OH THE HISTORY OF THE FEDERAL RESERVE SYSTB* 33 Liberty Street, New York 45, Hew York Telephone! BBctor 2-5700, Extension 286 September 1, 1954 tear Marthas I greatly appreciate your Interest la the two posts which we are seeking to fill and the number of people you have sent down as candidates. I think that the executive secretary - research assistant job is filled by a young Hadcliffe M.A., but I will know sore surely September 5th when she Is supposed to arrive for her first day in the office, I considered Miss Ingebretssn v^rj carefully for this job, but her accent was so firm on leaving the Chase job in order to get •lore noney that I had a feeling this one with Its five-year limit might not take her far enough to suit her. The last thing X want is someone who is likely to feel dissatisfied. The stenographer-typist job has not yet beau filled, but sotse of your people are still possibilities. Meanwhile you may like to know that one of the Bank's personnel thanked *e most warily for introducing thea to your agency, l?e said you were sending thea so?ae extraordinary good people for research work in the Bank nn well as for this job on the Co!»ittee»s staff. It sounds ss though you night have a new client. Cordially yours, Mildred Adams Research Director Miss Martha Anderson Prudential Placements 599 Fifth Avenue Hew York 17, Sew York I^rudenlial 599 FIFTH AVENUE f^tacemenh NEW YORK 17. N. Y. AGENCY K. L. H A M I L T O N LICENSEE-DIRECTOR _, . , . _ , , „ PLAZA 8-1178 August 16, 1954 Dear Mildred; Thanks for your note, I am more than happy to work on your position but I wonder if Mrs, Mallay understands what you want. You said you wanted to interview Miss Zimmerman, who has had W E B experience, but from what she told Miss Zimmerman the latter sent me a Chinese typist from the I3BFF who wants §75t Alice Cole sent the enclosed curriculum vitae from Washington. I of course have not yet seen her but her letters are good and her experience would seem to be right. Bill Monroe, my colleague, whose friend Miss Ingebretsen is, thinks so highly of her that I am hoping she will combine the qualities you wish. Miss Bathes was enthusiastic about you and wished she could have worked with you. 6*rdial2y, ftMk k Augut|2, Dear MarthaThere are i n s i d e reasons why i t seems not v i s e to reach out for Miss Feinn for t h i s j o b . Ho r e f l e c t i o n on h e r / and I'm sorry, but I c a n f t move in t a a t d i r e c t i o n . ~haX^ M^a ju^u*nud Miss Bates i s very n i c e , but too fond of human i n t e r e s t content $o be happy in t h i s job* I suggested t h a t she might find a Job a t The Reporter, which is the nearest thing I know about t h a t reminds one of the Surrey Graphic where she was so happy, Hanne Baer I'm s t i l l considering, but I c a n ' t be surd. She too ameds a job with human content, and a l s o she shies off from s e c r e t a r i a l work, which i s of course a p a r t of what I need. I liked her, but I think probably s h e ' s not for t h i s one. She i s fed up with being a s e c r e t a r y , and t h i s i s a double barreled job in which those s k i l l s are e s s e n t i a l . I suspect mho 1 !! do b e t t e r and be happier somewhere e l s e . Miss Ingebretsen I have s t i l l to see, and I ' l l see her the beginn of next week. Meanwhile the bank has turned up a very i n t e r e s t i n g candidate, from another agency, a l a s , whom I am considering. Smamx Under those circumstances I ' d think i t probably unnecessery to advertise t h i s job on Sunday. I f n e i t h e r the bank's candidate nor ingebretsen w i l l do, I ' l l l e t you know, but I don f t want you to work unduly on t h i s . More next week, and apologies for t h i s typing, which i s not Iso be blamed on anyone but M. Adams. Hurriedly PRUDENTIAL PLACEMENTS 5 9 9 FtFTH AVENUE • NEW YORK 1 7 , N. Y. PLAZA B-117B August 11, 1954 Dear Mildred; Enclosed is the curriculum vitae of Mrs. ^ates, about whom I telephoned. She is delightful and a good secretary to boot. She knew nothing about eyes when she started with Dr. Paton, which goes to substantiate my conviction that good research experience is transferable. I have left her telephone number uncovered so that you may call her diTectly, or let Mrs. Mallay. Enclosed also is the curriculum vitae of Miss Feinn. She is all right and competent. Please protect her. Mrs. Shirley Friedman, 55, came in from plainfield yesterday. She is taking her orals at Columbia in October for a Ph.D in American History. She assisted professor Clough in preparing for a course he planned to teach in Frence on American economic history since 1850; was a price clerk at o?/ ? end a research secretary for the National Shoe Petailers Association. Her background is not right but she, like Mrs. ^ates, woul^ be good working assistants. Many Ann Zimmerman, 24, just telephoned. She has been working at the National Bureau for 3 years, first on financial history, then on banking and fixation. She has an A.B. in Fconornios fron Syracuse and all courses toward an M.A. 8t WH* She is coding in at 8.30 tomorrow morning and if you think you would be interested in interviewing her, we can arrange it. I doubt that you would be interested in Joan Zeilinger, a charming Austrian Ph.D., 27, whose only position in this country was as statistician for the Seafarers International Union; or in Lucy Starin who is a statistician at U.S. Fubber. I am curJtous to know how Miss Ingebretsen/ measured up. Sincerely, Her first job was at the National Bureau. In 1952 she worked on a project on Taxation of Stockholders Now reviewing a manuscript on Proper Taxation, She is working for her MA in Finance at N. Y. U. She received her BA from Syracuse. Miss Wickq's s» c: JHL o o O 860 NORTH S A I N T VL SKINKER L O U I S MARGARET * 5, HICKEY, JE <v it BOULEVARD M I S S O U R I DIRECTOR August 10, 1954 Dear Mrs. Adams: Thank you for your letter of August 4 to Miss Hickey, who is away from this office during August. In the same mail, we had a note from Miss Fonyo informing us that she has decided for the present to stay with her Congressional position. Sincerely yours, Nancy a/. Price Secretary to Margaret Hickey Mrs. Mildred Adams Research Director Committee on the History of The Federal Reserve System 33 Liberty Street New York 45, New York HICKEI, Margaret iugust u$ 1954 Do*S ft&rgoxotl Tour l o t t o r of J u l / ;"6th containing tho i m o o of authors and word fhftt jfOO hod written to I r l^: Fen/© V»8 waiting whoo I got back. NJjr gratitude for a l l of them. Thus far no -word hoj ooso .Croat Mi so fonyo fcfcd i t m y b## of »oaroo» that she has decided to stay vhoro she i s , I a» going t o VasMn&ton l a *> nook or two onfl w i l l t r y to look fcsr up. I •*»*t t « l i you bow asueh our di&n«r v i s i t chaored ay s t s y in St. Louis. Bo l e t ' s see each other in Boo York &vm\ though the Cosadttoo oil fcosaan in Vorld Affairs h&s go&o i n t o T*othballs. Cordially yours, Mildred k&am Rsge&reh Director Miss Margaret Hickoy 560 Kortb linker Bottlsrard St. Louis, Missouri Miss Wicksifs S A I N T L O U I S MARGARET 5. HICKEY, M I S S O U R I DIRECTOR July 26, 1954 Dear Mildred Adams, That dinner visit was a refreshing interlude. Many thanks for brightening the summer "intellectual wilt." I have always wanted to have such a visit with you, and I hope that others will come along, now that we have found we can break through the difficulties of our travel-filled lives. I have written a note to Miss Lelia Jane Fonyo (her address: .) suggesting that she write or call you for an interview. Miss Fonyo is 29 years old, now employed by Representative Leonore Sullivan in Washington. She took this position following a three-year period with the Army in their Civilian Information program - first with SCAP and then with a C. A. team in Japan. She has an A. B. from Washington University here in St. Louis and a full year's training with us. A very superior professional type, she is definitely in the #5,OOO-a-year group, even higher. The social historian who wrote, The American Red Cross, a History (Harper and Brothers, 1950) is Foster Ray Dulles, Ohio State University; the Point IV report was done by Samuel Lubell and Walter Everett (the latter, I believe, is at Columbia University's Newspaper Institute). Mrs. Mildred Adams 33 Liberty Street New York 45, New York Cordial greetings, Margaret Hiekey Director] MARGARET 560 NORTH HICKEY SKINKER SAINT LOUIS 5, MISSOURI July 15, 1954 Dear Mildred Adams: Your gracious wire with its invitation to dinner just arrived. I am very happy to accept for Tuesday evening, shall we say around seven, at your hotel. If we get any break on the weather perhaps I can lure you away from it, so that we can find a more interesting spot. My telephone number here at my office is Parkview 1-6877. Please do call me if I can be helpful in any other way. Cordial greetings, Miss Mildred Adams Jefferson Hotel St. Louis, Missouri MISC. 3 4 (MISC. 34.3—60M-2-52) FEDER&rotktaic I&atdtution CORfif^elEicfiifigAM SEND TO OF N E W YORK #-, SRT SENT BY July 15, 195* DAI LETTER Hiss Margarsx tticite.Y Miss Rickey*s School for Secretaries 560 ». Skinker Blvd. St. Louis 5, Missouri • rN v ci Arrive St. Louis Monday afternoon, 19th. Hops you can dinsKjfith »e Monday, Tuesday or Wednesday. Please reply care of Hotel Jefferson, St. Louis. Letter follows. V % Mildred A FILES f^tudential 599 FIFTH AVENUE ["^lacemenh NEW YORK 17. N. Y. AGENCY K.L. HAMU.TON pLAIA UCENSBE.DIRECTOR August 5, 1954 Dear Mildred: Barbara Ingebretsen telephoned that you had postponed your appointment with her. Consequently, I am enclosing her curriculum vitae. As I think I told you, she was recommended to us by a friend, so we can vouch for her personally. She is very interested in the position although Chase has recently raised her salary. Miss Baer is bright and attractive. She does research on st«oies for Mr. Horton. You may call her at her office if you wish to interview her. We are advertising the position again in this Sunday»s Times. Thank you for calling me. Cordially, fyaJUP. S. Katherine Pudden writes that she "loves every minute" of her work in Huston1s office. £iJluvETT, Marguerite October 20, 1955 Dear Miss Burnett* It wee good to hear your voice this morning - both Miss Adams and I hope you'll be feeling like your old self soon* We miss you here but certainly want you to feel completely well before burdening yourself with office chores* Enclosed is your paycheck for September* X m qoAting the following paragraph which was in Mr. Akersf letters *I enclose Mias Burnett* s check covering compensation for the period fro» September 19 to the end of the aonth* this payment covers the full period but, since Miss Burnett worked only two days, the reminder of the time has been charged to emergency or annual leave and this consmaes all of the leave (emergency or annual) which she had earned to October 1, 1955•" In & litter letter, Mr. Akera said; B I em sorry to learn of the continued illness of Miss Burnett and certainly wish for her a rapid recovery* "We will postpone payment of the amount due her in October until we have received her time sheet for that month and then pnj on the basis of the number of days worked during the month* thus, she will be considered on leave without pay until such time as she is able to return on regular schedule** So you see, you have nothing to worry about es far as "the office is concerned. Just take good care of yourself so that we can see your cheerful face here soon* Sincerely, Iraa Burstein Miss Marguerite Burnett 10 ¥est 15th Street Apt. 36-A Hew lork 11, N* I. R E C E 1 V E H D 4 ^Maxguextte IButnett 10 ^Wat 15tH <£hset COMMITTEE ON THE HISTORY OF THE FEDERAL RfSERVS SYSTEM .A a^n^r TLdt- <o£M ^L*J03 G*%A V/^ <*Hljux<i)tr J CM^- /fJUjao^B^Jlr BURNETT, M a r g u e r i t e Jim* 28, 1955 Mite Marguerite Baraett 10 Went 15tb Street ipt* 3$*4 Sew fork 11 f lew Xork dear Mlas Burnettc four aiater geve m^ a good report of yon today thought flhe eaid yon did still feel sort of alaerable. Well, 1 bet next winter you will he awfully pleased, with the reeulta of the wretched tftae BOW* 1 know 1 shall emjy you us I catch aytttaaleolds and sore throata* 1 thought yom would w&at to ate the inclosed note from Mies Laeias. Please don't bother to return it* Everything le going wall here bat we miss you and shall look forward to seeing yom in the fall* tod of aourae w# eavy yom your lovely long mmnr* 1 hope it is a wmrj happy ami healthy one. Cordial^ Sllen Singer J '"" tfURHETT, a r g u e r i t e #i»# 23* it55 §aar l&aa Suvsattf l a l i f t w r i tbat t&a opagatlaa m i tfu&OMif<oattha pattaat £# ^£##»bl#l 1 bofa iftai ataazy w u H laat* mA that'tqr tha and of 1fea'*aafe yon trill fengta to faal I#a# *a& aa& iiort i&aarfttfU A latter haa OOM i s fwai jTa Am Jta&i of high jHraiaa for yourf tmek lm Itiiroii* 1% analoalag a «fy# asi I Ya aaat -0oji#s to. our fe##at£*0 Ctaaittaa* tAtab fuelttiaa Kr» %»ml f Hr# Sm^#f% fir* CaUdaa amTlbr* 1feodiiud«- It' siiouM amka for '<itQ6T all a$aaai«£« A lovalar auaaar to y«w * we a&aa yom# S o c i a l l y yoiira§ Nllftrad I t e i Hits tfaxguartta Biuraatt 10 fast 15th 8tra*% law forts: 11* I# !# J^s^O^ mmm ra ATROBURS OF wEao&szxs wsser? OF iFScmi» ixmsm ASSGC2ATIQI ifase 12 * 13, \%$ AT omumton AT HTBOIT HAH, TffiHSPOlTAflOI 8©mai trip* with rooaette both ways, S*I# Central 5 I8k*33 BOTH, STATER It $®&« md 3 n i ^ t s § $8«$0 (8»5© X 3 . 5 ) MULLS %9.?5 2^,00 ii fult days to Detroit* iinslmdiag ca« apeei*l ©roup dinner and am special luncheon* plus f extra seals ©a t r a i a LOCAL fmammtion (taxi* teas, ®tc>) 6,00 $m or two t r i p s t o P©rfi;Areliivei BtaGtos & TIPS 8.00 MXSCSL&AKBQOS 11 .?t Coarefttioii Begistratloi* fee' f?»0G, e t c . TOTAL 165.00 SINGER, Ellen B*c«ber 21* 1955 Swr K3JUAI V# nnr# a l l of us glad to M * Hint ftPiMii-? t u i »uc& aiSifd htmiwitiitgii XZM&* tti$$ Jhumott and I tbsnlt jpon for &oll<iagr wi^ats and ssad you tetl omr n&tstoat groetlnga* % &v«dt nwta of tho atie bstgr i€tli MiNtly l&tsnwt* fbaifcg for the cheek* and for sanding tha t&ftSH9ibest to Hr* Akars* Most winmmlj9 Iftldrad MAm* Mrs* ItaKM fttagar flhoaHboftt* Ma«MMfaiuiottt SIHGER, Ellen V Woo. tfca, 0«- € ^ $«**•* VovVc^ N S? ^ $'\o*vO V-bA s J^^OH^C*- Seow^cKs T ^<\<\c>r SINGER, Ellen Golt BtMAbttr 2# 1955 lta*r MM* tiagsrt 1 hmm takoft up idUi Hm Stroidigf Xaotltntloa tb# aftitar of tfe* t$ao ahoot for St^tiilAMMr wbtoli thagr ak&gmrnrt^ haw* a i t jrot roooiwi firaai y©% tfamgb w# hgvo amit yom #ir#o oopatr&tt feSjutaa* Aoeofittig % our rooosdo* yon l i f t tit* offlo* cm th* 2SteA or 23rd of Sopt«feor# tout v m paid for tb* ooti.ro ao&th* Mm yw* had mood. qp both moiitioit and al<& loavo ti«% you m U w w U f hairo roipostoi that ttw #ir#f^ppgi0Et for Soptiiafeor bo dodaotad firm yoar ©otobor ahoafc* 'fci% yvur oorf&oo tosadaatiod §etobor lata m m mmk arsamgaaumt wo po§o§Mo§ yoa loft oiling Irooktugi tb* aq^ra&a&t of a wait* a fay* lorn alio o**d ftr* CoUdtto 0 fomal neit# of roslgaatloait aa yom hud bow a wittoor of tho Xaatitatloata staff # Aftar oomaidtrimg WRtoaa foaata of tfco aurttMr* -Sir* Ihtfld&a has now agrood that 1n ^i#w of 'yetsr aaeoalla&t raaord of Mfvioo atth thla ftandttaa* -and of tka aaaaUag difflwltloo laodartib&chyaa lafeowd in &^tmbm% Ivoc&daga * l l l forogo dLai* for rotum of tho o*a«Npa8»oat nnd nUJt ooiisidor fha sattor dltaaod* ft&a notion mot only n a ^ i i yom of dobt to tbo Zoatlta&t«% hat also ronoToo aiqr thraat of daaago to ymr pmtmmmX raooxd* W# hojpo tho Ohrtataaa aaaaoa wilXphm good to yon* Ibat aiaoagaly* Mtldrod Ai«es lte§# Hwaaaa timg«r fttvar imm flhoxtem^r Jtaaaaahoaatta SIWGER, Ellen November 4, 1955 Dear Mrs. SingerJ So much silence he3 followed your departure and our attempts to communicate with you that I finally got. worried lest something serious had happened and celled Amy Colt. She tells me that your health is good but that you had to spend the first weeks on Cape Cod for lack of an adequate furnace* I take it that this means you did not receive our pleas for your time sheet or the telephone bills, and I am hoping that this letter will have better luck in reaching you. A pained note from Mr. Akers has come in this morning saying that he would be most grateful for your time report for September* We are enclosing a third time sheet with this, and I hope you will find it possible to send it to Mr. Akers at once. A3 for the telephone bill, that, as X wrote you earlier, was composed of two items, both of which arrived after you left* They came to a total of $5.63 which I hBYe paid so as to square your credit with the Bank. X hope that the furnace is working properly and that you are less harried by domestic difficulties* We all mise you and hope that all goes well. Cordially yours, Mildred Adams Mrs* Thomas Singer River Farm Sherborn, Massachusetts Enc. SINGER, Ellen C. October 21, 1955 Dear Mrs, Singers Just found some personal belongings of /ours in the typewriter compartment, so X made a package and the post office is mailing It out to you on Monday* There* s a Dook, a nightgown, a couple of kerchiefs, several pairs of gloves I think that's about it* 2ou should get it the middle of next week some time* We were thinking about you during that cyclone or hurricane or whatever it was last weakend* After you told me what happened in Massachusetts in August, I can imagine things were pretty hectic this time too* Hope your new house didn't get too wet or windblown* Please write when you get a chance - I miss hearing about the antics of Forbsie and BominiOiUe* Sincerely, SINuER, Ellen C. October 26, 1955 Dear Mrs* Singer* The paymaster*e office has sent up tvo bills for telephone energies, the one of September 27th seems to have escaped your attention* Irma tells me that she sent you the original on September ^<*th* The other, dated September iota, has Just come in. As you know, I do not like to hare debts to the Bank hanging over ue, and X am therefore paying both these bills today* Xou will want to send se your check for $5*63* you* I hope things are going veil with We miss you very much* Cordially yours* Mildred Adams Mrs* Thomas Singer hiTer F a m Sherbora* Massachusetts Enc, October 11, 1955 Dear Mrs. Singeri X have been meaning to write you a "real" l e t t e r , but time's been go pressing I s t i l l haven11 gotten around to i t . Anyway, I hope things are going well and you're a l l settled in the new housed Akers sheet me to if it extra Ve have just received a l e t t e r from Mr. saying that he has not yet received your time for the month of September* Miss Adems asked remind you to send i t to Brookings immediately, i s not already on the way* I am enclosing an time sheet blank in case the f i r s t was mislaid* Also enclosed i s a l i t t l e clipping Miss Burnett cut out for you. She thought you'd get a chuckle out of i t . Best regards to the family. Sincerely, Irma Bursteln Mr3. Thomas Singer River Farm Sherborn, Massachusetts Enc. SINGER, Mrs. Ellen October 3# 1955 Dear Ellen: When I came in this morning to find your desk empty and no chance that you would come back, it made me very sad* I take it from what Inaa tells me that September was a bad month for you with heavy household cares, a siek baby, and very little chance to get done the office things which we had planned* I am sorry that this job has coincided with a period of family difficulties so that you felt pressed at both ends* Some day perhaps circumstances will change so that you can again work for me and with me - this time in calmer weather* I hope so* I regret that I could not even bid you a proper farewell, but my own affairs are such that I have had to say recent "good-bys* too many times, so perhaps your sudden departure had compensations* In any event, I hope you will find time to write me in detail of things completed in September or left undone so that we may be sure all threads have been picked up* Irma tells me she has sent you a time sheet to be filled out and sent to Mr* ikers* We have written Mr* Akers that your service here was terminated as of September 22nd at your request, end that you have moved to Boston* She also sent you your check* Do take things a bit easier if you can possibly manage it, and don't feel badly that so many things piled up as to make the combination of office and home impossibly heavy* You may feel that you lost this particular battle, but the war will go on for a long time yet, and I think it will eventually be won* As for me, this was a calculated risk, well worth taking* the bank, the Committee and X all enjoyed having you here, and are sorry you had to go* The best of luck to you, and let us know how things go with you* Cordially yours, Mildred Adams Mrs* Thomas Singer River* Farm Sherborn, Massachusetts SINGER, MRS. Ellen September 27, 1955 De^r Mrs. Singer* Just in case you are not able to return to the office ?it a l l , I sm sending you a time-sheet for Septeeber* I "would have tried to save you this extra b i t , but your schedule was too complicated for mm to try to figure out, so I'm writing Mr» Akars that you w i l l oend i t in yourself by early next week* Jta moving ahead l i t t l e by l i t t l e , but there's s t i l l a l o t to do here* Alas, I'm s t i l l alone vith these four walls as Kiss Burnett i s again in the hospital for a check-up, Am trying not to talk to myself, but i t ' s a hard struggle* Hope the sieving was successful and that the twins are healthy. Please send me a picture of the house when you have a ohance, I*d love to see i t . Regards to Tom. Sincerely, Irma Krs« Thomas Singer Hiver Farm Siarbora, Massachusetts HONORARY TRUSTEES ROBERT PERKINS BASS MRS. ROBERT S. BROOKINGS JOHN LEE PRATT HARRY BROOKINGS WALLACE TRUSTEES WILLIAM R. BIGGS, Chairman HUNTINGTON GILCHRIST, Vice Chairman ARTHUR STANTON ADAMS DANIEL W. BELL ROBERT D. CALKINS LEONARD CARMICHAEL FRED L. GOODWYN. JR. N W. HANES EWIS WEBSTER JONES JOHN E. LOCKWOOD LEVERETT LYON ROBERT BROOKINGS SMITH LAURENCE F. WHITTEMORE DONALD B. WOODWARD 7 2 2 JACKSON PLACE. N. W. October 25, 1954 OFFICERS ROBERT D. CALKINS President MILDRED MARONEY Treasurer ELIZABETH H. WILSON Secretary SHELDON B. AKERS Executive Manager Miss Marguerite Burnett Committee on the History of the Federal Reserve System 53 Liberty Street New York U5, New York Dear Miss Burnett; In order that we may complete our payroll records, would you be good enough to complete the enclosed form of Employee's Withholding Exemption Certificate and Brookings* Personnel Record• I also enclose a supply of Monthly Time Reports, which should be filed at, or as soon as possible after, the end of the montji. If you have any questions regarding these forms, I shall be glad to answer tnem for you. Sincerely yours, Asst. to Executive Manager Enc. HONORARY TRUSTEES WILLIAM R. BIGGS, Chairman HUNTINGTON GILCHRIST, Vice Chairman ARTHUR STANTON ADAMS DANIEL W. BELL .OBERT D. CALKINS LEONARD CARMICHAEL ''ILFRED L. GOODWYN, JR. fIN W. HANES _£WIS WEBSTER JONES JOHN E. LOCKWOOD LEVERETT LYON ROBERT BROOKINGS SMITH LAURENCE F. WHITTEMORE DONALD B. WOODWARD OFFICERS ROBERT D. CALKINS President MILDRED MARONEY Treasurer 7 2 2 JACKSON PLACE. N. W. ELIZABETH H. WILSON Secretary SHELDON B. AKERS Executive Manager October k9 19$k Mrs. Ellen C0lt Singer 33 Liberty Street New York h$9 New York Dear Mrs. Singer: I am referring your time sheet and letter of September 30 to Mr. Akers for a recommendation, and will approve whatever he suggests. As a matter of fact, I believe our leave regulations are somewhat more liberal for "temporary" employees in the c^se of sick leave than in the case of vacation or annual leave, by providing for accrual at the rate of one day per month from the beginning of service. Although your appointment began on the 9th of September and it is technically a violation of the rules to use any kind of leave in advance of accrual, I think the shortage here is too small to warrant your making us a refund and (if he is willing) we could just let it wash out in the course of October. We very much appreciate your attitude. We hope that you are having better weather in New York than we are having here. It has been unusually bad this year for people who are allergic to polleas. TRUSTEES ROBERT PERKINS BASS MRS. ROBERT S. BROOKINGS JOHN LEE PRATT HARRY BROOKINGS WALLACE Yours sincerely, Ut£*W Treasurer. BULLA, Beatrice 3129 N Street ti«V» Washington 7, D.C; April 12, 1955 Miss Mildred Adams Committee on the History of the Bederal Reserve System 33 Liberty Street, New York 45, New ¥ork. Dear Miss Adams: Last week I received check for from Brookings Institution the , which I acknowledge with thanks* This covers the time worked in the first week of February. Sincerely yours, louMk. March 1, 1955 Miss Beatrice Bulla 3129 • Street ••¥• Washington 7, B.C* Dear Kiss Bulla t The card© arrived yesterday, safe and sound. Thank you for sending the® so promptly, and also for the suggestions on how to complete the "a* cards* Miss Adams is away fro® the office but I know she would want me to esqpress her gratitude for the very complete job you have done* The cards will be very useful, and they fill a large gap in our research files• Sincerely yours, Research Assistant 3129 N St., U . I . , lashington 7, D.C. February 27, 1955 Dear Miss Adams: Since I wrote you on Thursday I have remembered t hat you have a set of Testimony cards made for you by t h e l i b r a r y s t a f f before I s t a r t e d nsork. These cards m i l make i t simpler t o supply the omissions on t h e old "a* cards. I f someone i&ll compare t h e testimony cards,beginning m t h ^Vest11 and through t h e r e s t of t h e alphabet, i«ith t h e old "a* cards, using t h e catalogue numbers and years t o find t h e matching item, only t h e hearing t i t l e s #iich DO mention t h e F.R. system E U need additions • The remaining cards id.ll be r e g i s t e r e d and mailed t h i s evening. Our l o c a l p o s t a l s t a t i o n closes early on Saturday but t h e Main postoffice has r e g i s t r y service on Sunday. So t h e package of cards may not a r r i v e untiib Tuesday. Sinpei?el^ypuirs, 3129 N Street, i\l. a. Washington 7, D. C. February 24, 1955 Miss Mildred Adams Committee on the History of the Federal Reserve Board 33 Liberty Street Mew York 45, New York Dear Miss Adams: Mrs. Singer's letter of February 18 reached me Wednesday the 22nd at the aame time as the check from Brookings for , which I acknowledge with thanks. When another assignment i s to be taken up, 1 think 1 should consider working on a regular schedule and get a social security number. The remaining cards are to be mailed this week end, so you should receive them Monday. About a dozen entries of names, those beginning withV,SS and Y, are to be added to the f i r s t series of "a" cards (for hearings mentioning the Federal Reserve i n the t i t l e ) . I f someone will go through a set of nbn caras or others, looking for testimony by Vest, Warburg, Williams (two persons) ana Young (two persons), and then find the corresponding na* card to make the addition i f necessary, I think the job can be done i n about an hour and a half. I am sorry that any farther tinkering i s necessary. Sincerely yours, BULLA, Beatri February 18, 1955 Miss Beatrice Bulla 3129 8 Street H.tf. Washington 7, B.C. Bear Miss Bulla: I am sorry to have bothered you about a Social Security number and am glad that you did not have too much trouble over it. Miss Adams thinks that the simplest method of completing all the na" cards would be for us to do it in this office, rather than to send the cards back and forth to Washington. Any suggestions you can give us on the best way of completing them will be very welcome. Miss Adams would also be most grateful if you could send us the 100 cards you still have in your possession. Very sincerely yours, Research Assistant 3129 M S t r e e t , N. « . Washington 7, D* C* February 9* 1955 vs. 3ff <f"^ f*T 1 §^ fe w* ^ Miss Mildred Adams Coiamittee on the History of the Federal Reserve System >} Liberty S t r e e t , *:. New Yoric 45, » . ! • M ccg -| Q lffS5 a «--' * ^ M I T T E S OM THE HI9TORV oOtawl"^ w s Deqr Miss Adams: J u s t today I have suddenly remembered t h a t I f a i l e d t o mention my s o c i a l s e c u r i t y number, as ^ r s * Singer asked me t o do i n her l e t t e r of February 2* 1 am indeed sorry to have delayed s t i l l longer t h e mnding up of t h i s piece of woric, which of course you m s h t o g t out of t h e way* As x have never had a social security number, t h e r e may be some time-consuming formalities i n obtaining one* Board employees v?ere not under social security* Tomorrow morning I s h a l l c a l l up t h e financial o f f i c e r a t Brookings, ishose name I can find i n one of your e a r l i e r l e t t e r s * I f t h e r e i s anything t h a t can be done from here t o speed up t h e procedure, I s h a l l follow h i s instructions* I am holding on to about a hundred index cards made e a r l i e r and discarded. I f you care t o send me t h e s e t of "a*1 cards isfeLch I made i n December and one of the o t h e r complete s e t s , I can compare them and make any necessary additions* A few e n t r i e s of testimony - those under V and W, Vest,Warburg and Williams - had not been typed on the cards ^ihich I gave you tefore Christmas. I t itould t a k e perhaps an hour for me or anyone e l s e t o check the old M n a cards against l a t e r ones and make eight or t e n notations* Sincerely yours BULLA, Beatrice February 9, 1955 Deer Miss Bulla: This note is to acknowledge receipt of your letter of February 6th end the registered package containing the hearing esrds. A check for p&yaent of your fee will follov. May I &&f that I was extremely pleased vith this piece of research you did for us. Sincerely yours, Mildred Adams Miss Beatrice Bulla 3129 « Street «. V. Washington 7, B # C # bUbUi, Beatrice 3129 N S t r e e t , North .ftest, Washington 7, D«C* February 6$ 1955* >r. $:.' Miss Mildred Adams, Committee on the History of the Federal Reserve System 33 Liberty Street* New lork 45> New lork ; ; •" ./--,,.•/... '""' V.'. ;,v •;,,- . ,, : ' '! - ; ' Dear Miss Adams? Saturday The cards were r e g i s t e r e d and mailed at the Main Postoffice on/after a f i n a l checking and arranging* I hope they m i l reach you i n good condition* Last week I talked nvith a l l the people I hoped to see except Mr. Garfield, from whom. I hoped t o get information on hearings concerned with p r i c e control^ s t a b i l i z a t i o n and consumer credit control. I have talked with Mr. Thomas, Mr. Riefler, the General Counsel (Mr.Vest) and ^r.Cherry of the Counsel* s office, who i s the Board1 s l i a i s o n man with Congress. E a r l i e r I had t a l k e d with Mr. Horbett, who has longer service than the others and has been Assistant Director i h two divisions. I asked them for suggestions r e l a t i n g p a r t i c u l a r l y to the years 1933-1954Th ere i s a complete lack of unanimity of opinion among than as to what i s important or of the highest importance. After c e r t a i n omissions which I had made on|*e basis of b r i e f reading of hearings, the l i s t seemed to Mr. Cherry to contain the high l i g h t s i n the past twenty years. Mr. Thomas looked over a rough but comprehensive l i s t 1 submitted, of p r a c t i c a l l y a l l t i t l e s t h a t should be considered, and pointed out several items which, according t o h i s r e c o l l e c t i o n , should be included. These 1 looked up and i n many cases added* Nobody except ^ r . E i e f l e r raaembers a r o s t e r of hearings as -suchj they, remember only t h a t the hearings dealt with certain important amendments, etc., Mr. Riefler thought t h a t p r a c t i c a l l y everything I had omitted should be restored and a number of than were put back* His general view was th&t any hearings a t which the Board's representatives t e s t i f i e d should be available to the researchers. I t i s r e g r e t t a b l y t r u e t h a t weeks more of reading would be necessary before I could make an informed s e l e c t i o n based on my own knowledge of the contents of hearings. For tiie years 1908-1932 I used the r a t i n g s supplied by the bibliography irom Seymour Harris 1 s book: One s t a r i n d i c a t i n g hearings of some value, two s t a r s There were only t h r e e of the l a t t e r i n A or-those of the greatest importance* 1 t h a t period* Mr* Riefler thinks Harris s r a t i n g s are sound only from some single standpoint* He has no esteem for the r a t i n g s I have indicated among the hearings of the past twenty years* After i l l t h i s discouragement I hope you may s t ; l l l find t h a t the catalogue has some value for your purposes* I t i s far iromvAatl would have l i k e d toaaccfflplish. (pardon errors of t y p i s t and ancient machine*) The record of time spent i n February i s enclosed* have further tasks for me* Sincerely yours, Enclosure* ^et me know when you BULLA, Beatrice February 2, 1955 Dear Miss Bulla: Hiss Adams has asked me to answer your letter of January 31st and to express her appreciation of the work you have done in digging out important hearings. She also wished me to remind you that funds for this project were allocated only through January. Since we have already run over the time limit, we will be most grateful if you can, as you suggest, finish up the work this week. Please do send the cards by registered mail, and indicate on your final report of time for this week how much you expended on postage. Will you also please give me your social security number. Very sincerely yours, Research Assistant Miss Beatrice Bulla 3129 8 Street K. V. Washington 7, D.C. JSederal Eeserve Board, Washington,25, D.C. January31 Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street, Hew York ^5, Hew York '$ 5 fccE?VED C O M - W U . ; C*! THE Hi:>TOr.Y *>:£•-,>* KE&cRt'E * W * t t Dear Miss Adams: My report of time spent for the month of January is enclosed. This is one of the forms sent to me "by Mrs. Singer on January 18, Today I have talked with tfoodlief Thomas on the ouestion of selectipn of outstanding hearings. He has suggested some subjects and after thinking over the matter he will let me hear from him again* I expect to talk with Winfield Riefler tomorrow end with Mr. Vest, General Counsel, as soon as he is available. It was not possible to make the appointment with Mr. Thomas last week when I called his secretary. A list of employees who had many years of service with the Board was made up some months ego "by Miss Buth Westergren at the direction of Mr. Allen, the personnel officer. Mr. Allen has left the Board and Miss Westergren had almost forgotten the list until 1 mentioned your name. The list can no doubt he turned over to you whenever you wish. The libraries of Senator Gore and Senator Robert Owen were suggested to me,as possible sources of useful material, by Mr. Herbert Brafter. He has had occasion to consult the original papers of the HationalMonetary Commission, now in the Hational Archives, and thinks it possible there might be unpublished supplementary material in that collection. These suggestions, of course, may not be new to you. I am counting on finishing the work on the index cards this week. If there should be any revising to do after you have looked over the cards I can continue the work in February. The three full sets and additional "a" cards to fill out the set I gave you in December should, I assume, be sent to you by registered mail. Enclosure. Sincerely yours, THE NOTE Time reports should be filled out and submitted promptly at the end of the month. Monthly rate 1 n e r e o y S u b m i t t n e s u m m a r y ox l u y uiup^ xoi ixie IUOIILU yji.y^y^.^^-.r.x.r.-r. (Sign here) 2 3 3% 6 7 U <2 £ (o 4 5 8 9 i s ^.JQJl(LihJ^AJL w.iJIJJJUL&L*... D A Y S 1 -™<a OF THE r« 7^ L\ Hourly rate» • * 21 22 23 24 25 26 27 28 29 30 31 4 s% 7 C 4*^5^^ TOTAL HOURS 6 l/Ki ! 1 i 1 i " HOLIDAY A N N U A L LEAVE SICK LEAVE i \ssig nmen t Codes c>btaiiiable ironi C o inptroller's offic e. in $ MONTH 10 11 12 13 14 15 16 17 18 19 20 ri f si si ^ $ i n g houifs month. To the Comptroller's Office: ASSIGNMENT CODE* NUMBER (For Computing Clerk only MONTHLY TIME R EPORT Approved LETTER BROOKINGS IN STITUTION TOTALS $ A M O U N T TO B E CHARGED s Federal Reserve Board, Washington 25, D.f?, £ ^ IP • y rcf January 17, 1955* * Miss Mildred Adams, Committee on the History of the Federal Beserve gystem , 33 Liberty Street, ^ Hew York **5» Hew York Dear Miss Adams: V'i: : «» y -vw-rvr^ o^itr*-* Of T ^ ?*f->r a*v R&ty&vg itf*Tr# After reading your letter of January 6 I have shifted my direction and am trying to compile the kind of selective index which is now desired* Starting with the testimony cards in the library1s index, I am making a hearing card for every testimony card, unless it can be shown that the hearing in question is of no Importance for the history. Where more than one per8on appears at a hearing, only one hearing card is made* I assume that you are interested only in hearings in which Federal Reserve representatives have participated* Evaluating the hearing as significant or otherwise requires consulting the text; the name of the person, subject and length in pages are not sufficient to assure me that the particular hearing would be of use for the history. I am assuming that ideas expressed by the person in question on public policy in the fields of money, banking, credit and finance would be useful material. Of the 350 (approximately) testimony cards, m»ny are already accounted for as entries on the hearings cards I gave you. There are some 55 cards for testimony by Mr* Eccles,including a great variety of subjects connected with World War II and its aftermath. Only by examination of the hearings can I determine that his testimony on the Anglo-American Financial Agreement, for example, is impressive and also related in soot degree to the business of the Federal Reserve • His discussion of amendments to the Home Loan Bank Act proves to be unimportant* The work of matching hearings cards to testimony cards is about one-fourth done. Continuing my plan of examining the texts as a basis of judgment, I estimate that the rest of the month will be required to finish the work. Relying on the index record alone, I had hoped to finish this week. I trust I shall succeed in interpreting the needs of your writing group and that my ideas of proper omissions will not conflict with theirs* Hy natural tendency toward accumulation possibly needs to be curbed. A few additions should be made to the "a* cards when I reach the end of the work. I hope they can be sent to me for that purpose; it will be a short job to make the additions. If a better plan than the one I have outlined In the first paragraph above is available, I shall be happy to have your instructions. I am putting in more hours now than before the holidays. \4t W*v& foh ^ "^ Sincerely yours, (dtitwL fiuJH<L '! January 6, 1955 Defer Miss Bulla* Thanks so much for your letter of January 4,th, with its suggestions for completing the scope of the hearings index which you are making for us. I fear there is a danger tnat we may confuse the importance of an act with the importance of the hearings held on that act. % a t we are now pursuing is not a complete listing of the pertinent acts and amendments, but a selective index of hearings which, so to speak, have made Federal Reserve History. To take extreme examples, the .agricultural Hearings of 1921, the Gold and Silver. Inquiry of 1924., the Douglas Hearings of 194-9 and the Patman Hearings of 1952 f \ may or may not .lave had proposed legislation as their reason for being called, .^ I but they certainly rank as valuable in Federal Reserve records. Bty the Muur.to^* ken, I suspect there say tye important bits of legislation which were passed af-\ ] I ter hearings that were little more than perfunctory in character. \ With that distinction in mind, I wonder if you could check over the recommendations made by your advisers and come to a conclusion as to which hearings correspond to the above criteria. I would further suggest as a motto the • old editorial advice, "Vhen in doubt, omit." This list is, after all, supposed | to be intelligently selective rather than complete. I m asking Mrs. Singer to send additional copies of the ti»e form which you will receive in a few days. We will be glad to have the index as early as possible. Very sincerely yours, Mildred Adams Miss Beatrice Bulla 3129 H Street II. W. Washington 7, D. C # V \ BULLA, Beatrice The Federal Reserve Board Washington 25, D«C, January H, 1955Mis8 Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street, ffew Tork, K.Y. Dear Miss Adams: Mrs. Singer's letter of December 30 reached me Monday, stating that the work is being carried on more actively now and that there is need for the card catalogue as early as possible. With holiday interruptions out of the way, I can put more time on the index. If my suggestion for determining the scope of the Index is acceptable, I think that amount of work can be finished by Jaauary 20. I have discussed with three members of the legal staff and one economist in the Research Division the problem of selecting the important hearings on titles not specifically mentioning the Federal Beserve. As a basis for selection, I have compiled a list of Acts taken from the Board1s text "The Federal Beserve A&t as Amended to November 1, 19^6n (Alphabetical list, pp. 270*271) with later Acts added from the successor (looseleaf) volume "The Federal Beserve Act" amended to September 3»195^» pp, 270-271. This alphabetical list corresponds to some extent with the immediately preceding list of Acts by date. The adviser8 whom I have consulted recommend about half of this alphabetical list for inclusion in the card index* When the index is finished I shall send the typed list of titles and indicate those which I have used. Some amendments to the Federal Beserve Act are of a rather technical aatara and do not establish any new type of function. A list of ninety Acts amending the F.B.Act appears on pp» 267-268 of the 195^ volume mentioned. If all of these should be included in the index, I can make another check to gather up the missing items. fly first selection - the set of cards turned over to you for Professor Chandler contained less than ninety items. Any Instructions from you will be gladly followed. My time report for December is enclosed. I should be glad to have additional copies of the form for future use. Best wishes to you and Mrs. Singer for (the remainder of) 1955* Sincerely yours, Enclusmre - 1, THE BROOKI NGIS IN STITUTION NOTE MONTHLY TIME REPORT Time reports should be filled out and submitted promptly at the end of the month. (Sign here) /xkj^^C^ DAYS 2 1 5 4 3 6 /£ a 4 f 7 te $ i n g h o u rs month. ASSIGNMENT CODE* NUMBER Computing Clerk only Month! To the Comptroller's Office: Approved LETTER (F 8 9 OF THE /&u£l^. — TOTAL HOURS AMOUNT TO BE CHARGED zK? flft *3o¥ 31 21 22 23 24 25 26 27 28 29 30 31 ftti filiikstsk 0Ai I $ MONTH 10 11 12 13 14 15 16 17 18 19 20 V 4 ii $ Hourly rate» in _ 3% # — — — — — — - — - . - i~t — j — • - — - — i i i 1 1 1 i ' ! [-4— i [ ! i i ' I I . ' i ' |i i ! ! t •i I • i 1 i | j 1 ! ! : ! i : 1 ; 4-.-- i i : . j ; 1 i " , M ! i j I i : , ! 1 offie 3* -4 [ i I I ' I I i ' l l l ' l 1 ! ' ! 1 , ' . : I ! ! ! i . | ' ! 1 1 C o i nptro [ler's 1 L , i *Assig nmen t Codes cibtain able from 1'" ' ' i i " j • i! i SICK LEAVE ! 1 i ! ' j ANNUAL LEAVE i_ ! '" t " ----- i ! ! f | HOLIDAY : ; ; * ; ' — i j ; ; i ii _____ 1 i ._ J _ _J i -4-J-4- i — — t - : — - i i. „ ! i ! i | i i 1 ' 1 i i 1 , i ' ! 1! : : • i ' ' I TOTALS $ BULLA, Beatrice December 30, 1954- Dear Miss Bulla: Miss ad&me asked ae to write you to say that our need for the cards is quite urgent. Professor Chandler is now coining in to the office more often and we wish to have the material available when he asks for it. Miss M a s s does not with to hurry you in any way but she 4$d want you to know the situation here. My w&ra wishes for a m p p y mm Xear. Sincerely yours, Research Assistant Miss Beatrice Bulla 3129 • Street B.fc. tfashingtoB 7, B.C. 3129 IT St., U.V. Washington 7» -D.C. December 7, 195^ BULLA, Beatrice RECEIVED Miss Mildred Adams, Committee on the history of the Federal Reserve ystem 33 Liherty Street, New York ^5, u.y. DEC 81954 COMMITTEE ON THE HJ*TO*Y OF THE FE8CJMI. ftfSEftVS SYSTEM Dear Miss Adams: In conversations with some of the older employees here I have gathered up a few suggestions that you may care to consider during your visit to Washington this week. Miss Margaret Rauber, secretary to the late -^rnest Draper, telle me she has just finished copying the last part of a diary or journal of comments kept by Mr. Draper. It is to be turned over to Mrs. Draper, who would no doubt be glad to authorize the use of selected passages from the journal. It is not intended for publication as a whole. While it is prohably not of the highest importance for your purpose, it would no doubt contain some useful material. A group photograph taken in Octoher 191^ was presented to Mr. Draper by Frederic A. Delano. It shows several members of the Board with a large group of representatives of the twelve Reserve Banks standing on the steps of the Treasury. Miss Rauher has left it with me for you to see. Two retired employees of the Board, Mr. John Delamater and Mr. Madison Coe, both living in Washington, are said to be well informed ahout the early years of the Board. The former was secretary to Mr. Delano. Another Board employee, Mr* Drinnen, later joined the staff of the Philadelphia Reserve ^ank and could prohahly be reached through the Bank. He was mentioned as a possible source of information. I shall be glad to report on my joh when I see you Thursday. Sincerely yours, BULLA, Beatrice December 1, 1954 Dear Miss Bulla: Thank you for sending your record of time worked during Boveraber • Miss Adam is planning to be in Washington Thursday --.nd Friday of next week,, the 9th and 10th of December. She hopes to see you during her visit and will telephone you at your apartment. Sincerely yours, Secretary Miss Beatrice Bulla 3129 H Street N.V* Washington 7, D.C. THE BROlDKINGS IN STITUTION NOTE Time reports should be filled out and submitted promptly at the end of the month. MONTHLY TIME REPORT To the Comptroller's Office: - - . X— •!.«. (ffig* WA) D A Y S ASSIGNMENT CODE* NUMBER &d P^if 5fty*/y 1 2 3 4 5 6 7 8 OF THE ±v.\/...<r / s 1 &50- Hourly rati MONTH ii t*3k 5t rt in . fiSgfAjflPdL 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 9 $. i n g h o u fs month. ~ . . l /^^jf^.l^Jl, ^ | t a p u t l n g Clerk only) laonlhly rate I hereby submit the summary of my ti&M» w y n w mu^ui w*—.......^^-^...v.x.'.*.!>.>«. Appr«™H LETTER ^Sf 4 9k <t 4 51 | TOTAL HOURS (.3 yJ ¥- AMOUNT TO BE CHARGED 9 MKJ&-K I V E D - DIf ^ L ( 1954 o&MinFEE ON IHE HIIKJ IT CFTif noii*ft,*ativcsvsitii HOLIDAY ANNUAL. LEAVE SICK LEAVE •Asslg nmextt Cotdes <>btaiitable fronti CoimptraIter's offic e. c « ^ l «r e«A u& TOTALS $ 3129 N Street, N.V., Washington 7, D.C, November 30, 195*+ Miss Mildred Adams Committee on the History of the Federal Reserve System 33 Liberty Street, Hew York, N.Y. Dear Miss Adams: Three letters from your office are to he acknowledged - yours of November 26 enclosing Mr. Calkins1 letter to me dated November 2^, and two from Mrs. Singer dated respectively November 22 and 2h, I note that my monthly time reports are to he send to Mrs. Singer, not direct to Brookings• The fourth copy of each index card can he added without too much delay. I am now working on the addition of names of persons testifying to the original"cards copied from the library's catalogue. I count on getting the hihliography joh done well "before Christmas so that you can keep Professor Chandler "busy during the holidays. Unless otherwise instructed I shall send the cards to your office by registered mail* The Board's library follows in general the forms set up by the Library of Congress, which have varied considerably over the forty-year period. For example,.Federal leserve Act has been written in three different ways, Hearings in four. Also, since the earlier years, this library has become mere meticulous in its cataloguing methods and now includes more data on the cards than was customary at first. I find it necessary to stop along the way to ask questions and straighten out apparent inconsistencies. The library staff is most helpful. Miss Sutherland warned me that she cannot claim absolute completeness in the catalog of hearings and of testimony. She suggested some bibliographies, published and unpublished, which I might search for additional items of hearings. This search has been made, and onefor two titles of items not available here have been discovered. I have learned from another member of the staff of the heroic efforts made by the Board's first librarian to obtain documents. The enclosed statement tells the short and simple tale of the time spent in November on the Job. Sincerely yours, Enclosure BULLA, Beatrice Washington, D.C., November 30, 1954 Committee on the History of the Federal Reserve System to Beatrice Bulla, Dr. To 62 hours work on bibliography, November 12 to November 30, at per hour • • w 1 Ifoveaber £6, 1954. Dear Miss Bulla: The enclosed l e t t e r was sent by Brookings to t h i s office because they have no Washington address for you. I t in no "way cont r a d i c t s correspondence t h a t we have had vith you or arrangements made -when I saw you i n Washington. As I told you then, the Brookings I n s t i t u t i o n handlee our funds and disburses them for us* I h i s i s , therefore, t h e i r way of s t a t i n g the arrangements we ssade with you. Mrs. Singer -»rrote you l a s t week concerning the additional copy of the cerfs which we find »• need. This w i l l delay the comp l e t i o n of tiie job, and I am sorry t h a t I could not have told you about i t when you began, but I think i t should not prove p a r t i c u l e r l y disturbing. Very sincerely yours Mildred Adexss MiS3 Beatrice Bulla 3129 I« Street I» V. Washington 7, D. C. Enc. November 24, 19 54- Miss Beatrice Bulla Committee on the History of the Federal Reserve System 33 Liberty Street lev York 45, 8«w lork Dear Miss Bulla: This letter is to acknowledge formally the contract arrangement Which Kiss Adams has worked out with you for undertaking an assignment doing bibliographic work under the general direction of Miss Adams* This arrangement is made effective as of November 12, 1954, and will continue for a period of three months, but may bo extended by mutual agreement. It is understood that you will report the time expended under this contract, and will be compensated at a rate of an hoar* President sr« muvttwwjpu HT# AlfesiV H i s t Haro&sy Mrs* tfiXsom BULLA, Beatrice Hovesber 24, 1954 Dear H a s Bulla: Miss Adams hag asked me to t a l l you t h a t , &fter further consideration of our bibxiograpiic problems, she feels we need four copies of each item* Iu addition to .^object, t i t l e and. author, ve wish to set up i bibliography by t i s e * W ' e r e a l i s e t h a t t h i s &.eaas making one sore copy of the work you have already done as v e i l as making four conies of the w&ftE y e t to be done. We hope, however, t h a t you 111 be able to give us? the additional ti&e needed* The Brooking a I n s t i t u t i o n has advised us t h i t , since you ere engaged for a project and oot as a part~ti&e employee, we should ^ufaisit only a f i n a l figure for your •-•ervices* Will you, therefore, pieasa aeacl ysur laouthly tin® reports to me a t uii» office s>o tb*7t I SMBf toftputoi your fee when toe work I s finished* Sincerely yours oecretary Miss Beatrice Bulla 3129 I* Street !i* >i» ..ashiiigtoa 7, 0 . C* c*c* - Mr* Alters BULLA, Beatrice Sovmber 22, 1954 Bear Mi 33 Bulla: I fi»»«s$di&g ycm under Mg?ftf*i« cover two copies or Brookings T|B© Reports to use in recording toe hours you spena worktop Tor tiiifc Cosfiittee* I romptly &t the euc. o/ e*eb aoiUi, vlJUl y«tt please iltiS UM co34'i.€*iea time rupovt to* Mr. otteicioii a* filers brookings I n s t i t u t i o n 7^2 JTtekftott flsce. V«V« tfoshlcgtofi 6, D.C. lou shouiu submit • t i s e report for MI eh month, iaeltttftag the laonih l»;'^fcic& the work i s completed. 1 etwy you belr^ i » Washington e-nc. ctoijag your work l a that lovely c i t y . Sincere Xy, Secretary Miss tea trice mile 3129 I Street I#K* VishicgtoE ?, D.C, coi-y to Mr* &£«rs BULLA, Beatrice 3129 H Street, II. ¥• Washington 7, D.C. November 19, 195^ Miss Mildred Adams Committee on the History of the Federal Heserve System 33 Liberty Street, New York, N.Y. Bear Miss Adams: The card catalogue of Hearings on the Federal Bewerve System is going forward according to the plans outlined on November 10 and confirmed hy your letter of November 12. Miss Sutherland kindly allows me to use an office which is temporarily vacant and an excellent typewriter. All accomodations are perfect. From the library's catalogue of Congressional hearings on many subjects, I am copying only the cards dealing with Federal Heserve matters (System, Board, member hanks, etc.). These cards do not show the names of persons testifying, so that information must he obtained from the Testimony cards, a set of which was made for you by the library. My final product will be a combination of the two indexes. In one week's work I am more than half through the first round - three copies of each card. Two weeks more should give me time to finish both operations, with reading back if necessary. Next week will be shortened by the Thanksgiving holiday. The Testimony cards cover a wider field than my Hearings cards: a few people outside the System and legislation on other subjects than the Reserve System are included. It will be entirely satisfactory to me to be paid for the job as a whole when it is finished. I am keeping a careful record of time spent and shall await information from Mrs. Singer as to how the statement should be made out. Sincerely yours, BULLA, B e a t r i c e November 1 9 , 19514 MEMORANDUM Tot Frost: Subjecti Dr. Calkins Mildred Maroney Miss Beatrice Bulla - Proposed Arrangement for Federal Reserve Project Miss Adams has sent me a copy of her l e t t e r of November 18, and I am glad to rescind my objections to the arrangement which was proposed in a previous letter* I base this on Heme 1 and 2 in the elements of the situation as l i s t e d by Dr. Ad^ms in her l e t t e r of November 18, germane. Points 3 and h I do not consider That i s , neither the brevity of the employment or the fact that a person i s over 6£ (of age to receive social security benefits) relieves us from the responsibility of classifying persons *s employees. However, the fact that Miss Bulla i s in business for herself and selling services to the public, and the fact that condition* of work are not prescribed, are persuasive points* May I suggest t h i s : Bulla a l l such language as "hiring", Eliminate from formal arrangements with MIJS "salary41, and "strict account of time" as used in Miss Adams previous letter* I have in mind of course the p o s s i b i l i t y that we may ultimately be called on to defend the voltajte of payments which we must report as not subjected to withholding* I a l s o think i t desirable, but not absolutely e s s e n t i a l , to avoid specification of an hourly rate of pay, I incline to the view that the ultimate essence of the contractual arrangement as distinguished from the employeremployee relationship is the purchase of a product rather than the purchase of time. BULLAf Beatrice Hovember 12, 1954 Dear Miss Bullas This is to confirm the arraageiaents which you and I made in Washington on Wednesday, November 10• Ton are going to make library cares for us which will give us a complete list of the Congressional hearings concerned with Federal Reserve matters. For this purpose, you will purchase regular library cards of a type approved by Miss Sutherland, lou will make u© 3 copies of each card- which we will then file under date, subject, and name of the coismittee. Each card will bear the letters F.R.Bd,L, (meaning Federal Reserve Board Library) if a copy of the hearing to vhich.it refers is in that library. This work is to be done in the library of the Federal Reserve Board, either on your own typewriter or on on® loaned by the Board, I have written Mr, Garpenter about this project and told him that if Miss Sutherland requests permission, he would know that this was something which was initiated for the Cosjalttee, The project is to be finished as quickly as possible without overtime or immoderate haste. Dr. Lester Chandler, who is engaged in research for the Cossaittee, has already asked for hearing references, and we would like them avallable as quickly as possible. Tour letter of September 8 names an hourly rate of $2,50. In that letter you suggested a weekly salary for a 30 hour week bas d on this rate. As no estimate has been made as to the l&agth of time this project will take, we suggest that you keep count of hours, and we will gay you on that basis rather than on a weekly rate. My assistant, Mr,, Singer, will let you know in what form statements of time spent should be submitted. As this does not sound like a long project, perhaps you would be content to be paid in full when it is finished rather than to b& sent checks for a shorter period. The Brookings Institution acts as our disbursing agent, so that forms vill be&r their name. I want you to know thst we are delighted that you will undertake this and have every confidence in the cuslity of the work you are going to do for us. Most sincerely yours Mildred Adams cc Mr. Donald B. Woodward Vick Chemical Company 122 East 42nd Street New York 17, New York Miss Beatrice Bulla 3129 K Street, Horth Vest Washington 7* D« C. BULLA, Beatrice COMMITTEE OH THE HISTORY OF THE FEDERAL RESERVE SYSTEM September 1?, 1954 Dear Miss Bulla: Miss Adma has asked ne to write you that she thinks your proposal as to salary perfectly s a t i s f a c t o r y and i s looking forward to your working for t h i s Cosssittee. I t i s not possible a t t h i s ti&e to discuss with you exact working arrangements but a@ soon as Miss Ada®s returns from vacation in the siddl© of October, she w i l l get in touch with you to discuss d e f i n i t e plans. I w i l l l e t you know a t t h a t tin;© in what form otatements of time spent should be submitted. Sincerely yours, Research Assistant Miss Beatrice Bulla 3129 Bf Street H.V. Washington 7, D.C. BULLA, Beatrice 3129 N Street, North West, Washington 7> £• 0* September 8, 1954 Miss Mildred Adams, Research Director, Committee on the History of the Federal Reserve System, 33 Liberty Street, New York, N. Y. Dear Miss Adams: Following our conversation of l a s t Friday I have been considering the rate and manner of payment for the work we discussed and have talked with" a- former Government worker who has done research jobs since retirement. The plan I would suggest i s for payment at approximately the hourly rate of my salary at the Reserve Board, calculated for a 30-hour week. I understand that the work w i l l probably be irregular and there may be inactive weeks. Statements of time spent could be submitted either every two weeks, regardless of the t o t a l time, or only for periods when the wftrk occupied as much as 30 hours. Perhaps the bookkeeping staff works on a calendar month and w i l l recommend something different from my suggestions. My salary i n the International Finance Division of the Board for the l a s t two months of my service there was at an annual rate of A more representative figure would be a simple average of the salary rates i n the years 1950-53* which works out at Yesterday I learned that the Board's hourly figure based on my l a t e s t salary i s an hourly rate based on I suggest a weekly salary of would work out at for a 30-hour week at the rate of Except for short periods I should not want t o work more than 30 hours a week. I shall be glad to hear how you regard this suggested plan. I f i t differs too radically from arrangements made i n other cases, I shall be glad to consider amenttaents. After September 16 I can begin work at any time. Very truly yours, rdzaZtAUL BUREAU OF THE BUDGET May 6, 1955 Deer Sirs: This Committee has in its possession a short mimeographed memorandum entitled, "Notes on Sound Recorders for the Business Office (Dictation and Conference Becording Machines)0 which, we note, was prepared for the Bureau of the Budget in 1%3 for conferences on organisation and methods* So many advances in recent years nov make this listing of February Z5$ 19-48 incomplete, and perhaps even obsolete, and ve are hoping that a new one is available. Becording of interviews, conferences and memoranda is of extreme importance in our work, so we would be most appreciative if you would send us the latest data on these office recording techniques* Sincerely, Xrma Burstein Secretary United States Bureau of the Budget Washington 25, ©• C»