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Capital Issues Cosimittee COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM Proceseedl IB Betel 1AV56 CAPITAL ISSUES (1918 - 1919) All records of tke two Capitel Iasu^a (Joauaxy 1918 * Keg- 1918 and Key 1918 - December 1918), fteoord Group Ho# 153> are I n the National Archiires i n W«shinglon» er« i n the ciistody of the Fiscul Section of the l e g i s l a t i v e , J u d i c i a l and Diplomatic Records Branch «nd include th« records of the subcoaraittoes i n the I M t M l Reserve d i s t r i c t s * They received from the F*<a«r£l Tr£<?e Commiseion to vhich body these records «Wt transferred «h«l ttw Ocs^LttM ttMMl i i of i i i M 211 c??bio .f number of i t e n s i See l e t t e r deted 12/19/55 fr<»s Mr. Holvuratott of Ifetion&l Archives f i l e d under Capital liittM Coesnlttee* Capital Issues Committee n • 2Historical Hot* c •In itmmxf 1918 t>ier# VM created vitbla the F#der*l Board & Capital Issues Catamittm of thr** atmbtrsu Th» f-unotlon of this Canaltt*» ma to oht&in the volunteiy regulation of capital issues In order that the success of fr#*teury bond s&l«® i s providing funds for World Var X r c t i T i t i a s might tmt b© impaired by diversloa ©f capital to uoi»0s«ntial projeotB* In May 19X3 i t by a, nsv Capital Issues Committee of g«ir©n maRbara> pp by th© Fresident und^r authorlV of %h# Mmr Financt Corporation Act ©f April 5» 191&» Th» Committee IIES authoriitd to 9 1 investigftte imss upon a,nd datftrmtna vhethar a »@e«ritjv> i«sua ma # f f ooapatibl« vith th* •ittmilt interest* Much of the vork of th* like that of itn pr«d#e^®aorf "wag deceatrtlissed to aubftt ®^<5h of tha hea.d!quartera of tfe« B©v©reil Federal Be»#rr di^trictg* tit*ttHMl%tMsuspended it® a c t i v i t i e s or* i)»o«ssb«r 31p 19X8f fallowing th# ftessation of h o s t i l i t i e s * By • proclai5#tion of August 3Qj 1919* the ?ir«aid<wit. directed i t to olosie i t » stff^irs a l l i t s r^cordi^ to th« Federal fr»d® From HengistratdLon of