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January 28* 1954 Memorandum on Filing System The filing system of the Sew York Federal Eesarve Bank i© set up #m the Dewey decimal y&Mt» more often ng#i l a libraries than in eoimereial filing. I t s creator was Mi§$ Huqr Parker who > came to ' the Bank from f i t Hock Island Railroad (f) # and5 tiiotigh retired, < fit f t t t t living a t 224 Vest Tulp-Vioeken Street, Philadelphia 44, fft* f i t Bunk &* eeadtttd to t h i s -(^it«i-0f a t a t o t l f£Un§ arid,' being set i f en t h i s plan, a l l files contain material from the beginning on .forward* From time to t i n t some of them haw been $«§mm%§4.§ and ir#i^ # « % «MMI fc»¥# b m p-nfe l n ^ - 4hMui fliif i * 'piiflia^lt^ly twit of m t t t t n -f#^ttfm#i f41i& t&« of the Federal HeserTe Aft ami certain policy decisiona* , These mm In a separate closet but on the §§«# floor and under the control of^ tbe aame Chief of fUm$ Mm ^ora Bill i s t i n , I I haa been Mis© Dilliatln 1 a practice in most instances to separate^ routine from policy matters* and viiile these are both filed ^iitr the same Emb#i*# papera concerned vith policy can ba taken out ana handled without the filea becoming bulky with routine mattfsrg* The exception' Is A group of files concerned with foreign baaka m i Govenuaents. Mr, Jay Crane, now Chairman of the when he vas chief officer I s charge of the Bank* s foreign Tovnd i t more ##»f«i|mt to handle both policy and function paper® at one Mut* They are, therefore, coordinated in t h i s area. ** 2 §hit system provides chronological continuity m that tilt® on specific subjects show Bank action on these subjects from early datea on.' They are * mine of information for any scholar who can <' obtain permission to use them*
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