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P
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THE 1/HITE HOUSE

WASHINGTON

June

IMORANDUM TO IHE CHAIHMAN OF THE BOARD OF GOVERNORS
OF THE FEDERAL RESEWE SYSTEM 1

The National Advisory Council on International
Monetary and Financial Problems should consist of the
Secretary of the Treasury, as Chairman; the Secretary of
State; the Secretary of Commerce; the Chairman of the
Board of Governors of the Federal Reserve System; and
the Chairman of the Board of Directors of the ExportImport Bank*

(Signed) Harry S. Truman.