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W. P. G. HARDING. G O V E R N O R
PAUL M. WARBURG. V I C E G O V E R N O R
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES S. HAMLIN

Ex -Officio Members
WILLIAM G. MCADOO
SECRETAR Y OF THE TREASURY

Chairman
JOHN SKELTON WILLIAMS
CO M PTR OLLER O F TH E C U R R E N C Y

H. PARKER WILLIS, S E C R E T A R Y
SHERMAN P. ALLEN. ASST. S E C R E T A R Y

FEDERAL RESERVE BOARD

and

W A S H IN G T O N

f is c a l

Agen t

ADDRESS REPLY TO
^ ^ ^ g g E D E R A L R E SERVE B O A R D

May 19, 1917

Dear Sir:
May I request that additional expenses in
connection with the Liberty Loan be segregated and
reported on Fora 3^ separately from "Expense - CurĀ­
rent" against new item "Expense - Liberty Loan",
this item to follow item "Disbursements - Transit
Department."




Respectfully^

Secretary*