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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