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W. P. G. HARDING. GOVERNOR PAUL M. WARBURG. VICE GOVERNOR FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN EX-OFFICIO MEMBERS WILLIAM G. McADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD H. PARK .SSECRETARY ECRETARY SHERMAN P. ALLEN. ASST. SECRETARY W A S H IN G T O N ADDRESS REPLY TO FEDERAL RESERVE BOARD May AND FISCAL AGENT i‘3 17 Dear Sir; Ho change has occurred today in the status *f the legislation amending the Federal Reserve Act- It had been expected yesterday that another session of the Con ference Committee would be held at some time today, but this has now been deferred until the middle of next week, owing to the absence of Senator Owen. I enclose herewith copies of statements issued by the Treasury Department today with regard to progress in connection with the ’’Liberty Loan”. Very truly yours, Secretary