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Ex-Officio

W. P. G. HARDING, GOVERNOR
PAUL M. WARBURG, VICE Governor
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES S. HAMLIN

members

WILLIAM G. McADOO
SECRETARY OF THE TREASURY
CHAIRMAN

JOHN SKELTON WILLIAMS
c o m p t r o ll e r o f the

H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN. ASST. SECRETARY
and Fiscal Agent

FEDERAL RESERVE BOARD

Cu r r e n c y

WASHINGTON

ADDRESS REPLY TO
FE D E R A L RESERVE B O A R D

X-20U

June 12,

1917.

Dear Sir;
Debate on the bill amending the Federal Re­
serve Act was begun-in the House of Representatives
shortly after the opening of the session to-day, and
was continued until 2.00, when the measure was dis­
placed by another bill which had the right of way.
No definite action, therefore, was taken.
I inclose you herewith copies of statements
issued to-day by the Treasury Department chiefly with
reference to the "Liberty Loan".
Very truly yours,

Secretary.

Inclosures.