Full text of Mimeograph Letters and Statements of the Board : Correction to Copy of Address Transmitted as X-1791, Number X-1794, Volume 12, Page 104

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FEDEIL\L J:.ESERVE BO_\aD

X-1794

ri.ASHINGTON

January 8, 1S20

FOR REPRESENTATIVES OF THE PBESS.

•· .
1
.

.

:d

Please
on

p~ge

elimi~te

the following two sentances

~~pearing

ll of the copy of address to be delivered by Governor

H3.rdine before the Massachusetts Bankers Assocb.tion today, as
san:e will not be used by Governor Harding in delivering his
.3.d,ciress.
"It would be well therefore for the :;a.nks
and the public to understand that ?Olicies which
:;overned during the war period of financing have
definitely lapsed
activities of the

l

i:'
~-:r
'

~d

Feder~l

determined.

efforts to bring about a

Henceforth the

Aeserve Board will include
con~lete

distribution of

Governr.1ent bonds to investors and their elimination
.

from the assets of the ·.,a.nks.

>i"

.



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