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FEDERAL RESERVE BANK OF SAN FRANCIS Q
March 11, 1 % 2 ,

Mr* Marriner Eccles,
Chairman,
Board of Governors of the
Federal Reserve System,
Washington, D* C*
Dear Marriner:
Early yesterday morning I called Assistant Secretary McCloy, Mr*
Eisenhower, and Tom Clark at their hotels and suggested that they come down
to the Reserve Bank and talk with the Executive Committee of the Reserve
Bank, which was to be in session this morning* Each seemed to be pleased
with having the opportunity to come to the Reserve Bank and discuss this
evacuation problem*
These men did come down* McCloy was accompanied by Colonel Groggan,
who came with him from Washington, and Colonel Bendetson came with Clark and
Eisenhower* Shortly after their arrival we went into the meeting*
The Directors present at the meeting were Chairman Grady and Messrs.
Cox, Volkmann, Holden, and Mclntosh, and Reserve Bank officers present were
Messrs* Day, Clerk, Hale, and Agnew*
Mr* Grady called on me for a statement, and I undertook to outline
the part the Federal Reserve Bank is to play in this program and how it was
that we were called into the proposition* Assistant Secretary McCloy and
Mr* Eisenhower then spoke briefly about the program* Colonel Bendetson told
something of a meeting of the Japanese-American League which he had attended,
and Tom Clark had a few remarks but he dealt mostly in generalities* Mr*
Pehle outlined in some detail just how the Treasury was called into the
picture and what their task was*
The members of the Committee expressed willingness to be of every
help possible and pledged
the Reserve Bank to do a good job in handling
this matter*
I am leaving on the 1:30 plane for Seattle, from where I shall go
to Portland, and hope to be back here Saturday*
I am enclosing a newspaper clipping and will send in others as
they appear*




Very truly yours,

JAPANESE IN AGRICULTURE IN THE TWELFTH DISTRICT
1940
California
Number of farms
Acres
Value of farms

Japanese
5,135
226,094
$65,780,572

White
125,928
30,168,554
$2 ,090,648,614

Number of farms
Acres
Value of farms

706
20,326
$ 4,313,757

80,179
15,059,899
$ 585,999,342

Oregon
Number of farms
Acres
Value of farms

277
11,654
# 2,547,605

61,206
17,919,289
$ 472,944,639

Utah
Number of farms
Acres
Value of farms

166
9,840
$ 1,533,820

24,734
6,894,174
$ 152,104,108

Idaho
Number of farms
Acres
Value of farms

149
15,700
$ 1,625,208

43,098
10,251,031
$ 336,192,512

Arizona
Number of farms
Acres
Value of farms

$

52
3,648
629,370

10,239
17,338,161
$ 140,498,020

Nevada
Number of farms
Acres
Value of farms

1

11
906
72,750

3,147
3,765,171
46,731,324

Total
Number of farms
Acres
Value of farms

6,496
288,168
$76,503,082

Source: U. S. Bureau of the Census, 1940*




$

348,530
101,396,279
$3 ,825,118,559




DISTRIBUTION OF JAPANESE POPULATION BY BRANCH ZONES
OF THE TWELFTH FEDERAL RESERVE DISTRICT
1940
American Born

Allen

Total

Head Office Zone
California cotmties
State of Nevada
Total

30,798
225
31,023

16,781
245
17,026

47,579
470
48,049

Los Aneeles Branch Zone
California counties
State of Arizona
Total

29,350
412
29,762

16,788
220
17,008

46,138
632
46,770

Portland Branch Zone
State of Oregon
Washington counties
Total

2,^54
229
2,683

1,617
151
1,768

4,071
380
4,451

Seattle Branch Zone
Washington counties
Total

8.653
8,653

5.532
5,532

U.185
14,185

Salt Lake City Branch Zone
State of Utah
1,381
State of Idaho
765
Total
2,146

829
426
1,255

2,210
1.191
3,401

42,589

116,856

Grand Totals

74,267

Source: Releases of the Bureau of the Census, United States
Department of Commerce, dated December 9 and 10,