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MIMBOGBABEE LBTTORS AKB SMEMBBT3
ISSUED BY
SHE ESDBRA1 BB3EHVE BQ4BD
JiUUiHY 1916 - BEdBMBSB. 1917
( l a four volumes)
TOL. I I .

* THIS BOOK IS THE
PROPERTY OF THE
FEDERAL RESERVE BOARD
AND NOT TO BE
REMOVED FROM THE
BOARD'S OFFICES.

Stencil

XIII

Page

Ho.

1t>o
701

Letter re resolution adopted levying
assessment against Federal Beserve
Banks

1073

706

Letter re issuance of par l i s t a i n
connection with clearing system

1374

707

Statement to a l l Federal Be serve Agents
re prohibitions of Section 8 of Clayton
Act

1376

709

Besolution adopted June 23, 1916, re
Section 18 of Federal Beserve Act

1385

710

Letter re Besolution covering separation of
gold order c e r t i f i c a t e s

1386

714 ) Memo. *hy member bank drafts on FBBanks
714 a)
should be accepted by a l l FBBanks for
immediate credit a t par

*




1387

717

Letter re amendments sent forward to
Congress now in session - July 5, 1916

1397

724

Letter re forms 94 and 94a

1398

727

Why draft of member bank against surplus funds
to i t s credit in IHBatik can properly and
safely be given immediate credit at par
by any other FBBarik
1399

728

Letter in connection with Stencil #727

1404

730

Letter re Bulletin material

1405

735

Letter re discount rates

1406

739

Letter re applications under Clayton Act

1407

740

Memo, for the Board re f i s c a l a f f a i r s of
the Government

1408

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XIV

Bage

Report of Committee re system of public
relations work under direction of
CShainnan Hi eh of ERBatik of Minneapolis

1415

Public relations work in the Federal Be serve
Banks - by John H. Hi oh

1418

Ho.
742

742 a

742 b Lines of public relations work open to
Federal Reserve Agents - by John H. Rich
742 c

Suggested extensions of public relations
work - by John H. Rich

744 ) Letters re order issued by Postmaster General
744 a)
747
Suggested Circular re Circular 56. 14 and
Regulation M, Series of 1915

1423
1427
1433
1436

748

Memo, for the Board submitted through. Counsel's
o f f i c e - by Breckinridge Jones
1487

749

Letter re report of Chairman of ERAgents'
Committee on Publicity
.

1440

760

Postmaster General* s Order So* 9808

1441

751

Postmaster General's Notice to a l l
Postmasters

1442

754 a

Memo, for Mr. Delano re Clearing: S t a t i s t i c s

1443

758

Copy of reply made by HLBoard to l e t t e r received
from a national banker in re Circular of
July 22, 1916 sent out by ••Conference of
Bankers. *
1444

756

Letter re uniform methods in figuring average
rates of earnings for the several c l a s s e s of
earning a s s e t s held by ERBanka

1445

Letter re collection of checks of non-member
batiks through postmasters

1447

757

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XV

Bage

Ho.
Statement f o r the press re suit to be
brought to t e s t l e g a l i t y of Circular
Ho. 1, Series of 1916

1448

761

Letter re Kern amendment to Clayton l o t

1449

770

Confidential schedule of conversions of
2% bonds

1452

Letter in connection with f i r s t above

1453

Letter of Chairman of Committee on Clearing
re rules and charges of Clearing House
Associations

1454

Letter re omission of certain part of
amendment to federal Be serve Act by
Conference Conmittee

1455

Letter re copy covering business conditions

1456

791

Letter re expenses of transit departments

1457

793

Letter re election of directors at FRBatiks

1458

Letter re advances to member banks by EBBanks

1460

795

Letter re reserves of member banks

1461

79S

Letter re saving of gold and issuing of
EHHotes

1462

800

Future of the EE$§ystem - Changes urged by
Paul M. Warburg

1467

802

Letter re payment of dividends by ERBanks

1478

806

Letter in connection with reconcilement of
Gold Settlement Fund and IBAgents* Fund

1479

807

Statement for the press - Clayton Act

1480

768

7?a
782

789

•

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m

Bage

Ho.
809

Opinion of Counsel re language "private
•banker* as used in Clayton Act

1482

811

Hew item "Member basks* c o l l a t e r a l notes"
to be adopted "by ERBariks

1487

812

Supplements to the par l i s t

1488

813

Be solution adapted by ERBoard September
22, 1916, re purchase of bonds by BBBanks

1489

817

Letter re expenses of transit departments

1490

818

Reconcilement l e t t e r i n connection with
EBBatika* accounts

1491

819

Letter re endorsement of paper by member banks 1492

822

Letter re cost of clearing

1493

824

Letter re p r o f i t realized on s a l e s of U.S.
bonds

1494

Opinion of Counsel re real estate loans by
batiks in outskirts of Chicago

1496

828 ) Letter of Mr. Delano and l e t t e r of Mr. B.H.
828 a)
Hurley re accounting methods in industries

1496

830

Announcement by the Board re interpretation
of "private banker" as used in Olayton Act

1500

832

Letter in connection with f i r s t above

1501

833 ) Letter re copy covering business conditions
833 a)

1502

835

Remarks of Mr. Willis re Philippine national
Bank

837

Statement for the press re transfer of Wisconsin
territory to the Chicago D i s t r i c t
1507

1504

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XVTI

Page

Ho.
L e t t e r re Daily Bank Statement form

844

L e t t e r from Chief, Burreau of E f f i c i e n c y , r e
pensioning of c i v i l employees

1509

845

Order amending the geographical l i m i t s of
D i s t r i c t s Eos. 7 and 9

1511

846

L e t t e r re p e n a l t i e s f o r d e f i c i e n t reserves

1513

848

L e t t e r re schedule of charges which banks
may assess against t h e i r patrons

1515

849

Letter i n connection with f i r s t above

1516

850

L e t t e r of Wholesale Grocers' Association of
Hew Orleans re charges which banks may
a s s e s s against t h e i r patrons

1517

852

The Federal Reserve System:
— address of A.G.Miller

1518

854

"Federal Reserve Motes"

1559

855

Maps of large c i t i e s requested i n connection
with applications under Kern Amendment

1572

856

Copy of telegram sent to a l l Filugents re
acceptances

1573

864

L e t t e r re next installment of reserves

1574

865

The present position and f u t u r e development
of the FliSystem — address of ,7.P. G.Harding

1576

867

L e t t e r from Counsel re acceptances of member
banks

1599

Letter from Mr. Warburg to Mr. A.C.Miller re
note issue and, reserves

1611

876

L e t t e r i n connection isith S t e n c i l # 7 7

1641

877

Outline of topics s u g g e s t e d f o r treatment i n
1916 annual report of FB,Ranks

1642

•».©• f 7 8 ^
'
^




1508

843

Looking ahead




Stencil

ZHII

Page

No.
880

Remarks of H.P.Willis, Hovember 22, at
Paterson, H.J.

1645

881

Letter of Chairman, Committee on Clearing,
re progress in clearing operations

1669

883

Statement for the press re Federal Advisory
Council's quarterly session

1674

885

Letter of Governor re price of 2$ U.S.bonds

1676

886

Estimated gold stock of the country, e t c .
— by H. Jacob son

1678

887

Letter re gold supply and extension of credits
to foreign countries, as viewed by Federal
Advisory Council and ERBoard

1679

Letter of Mr. Delano to ERBoard re desirable
amendments to Federal Reserve Act i n
connection with greater concentration of
gold in reserve banks

1682

891

Statement for the press, relating to foreign
credits

1691

893

Disapproval of o f f i c e r or employee of ERBank
serving also %s Ass 1 1 to Chairman and ERAgent
at that bank
1696

890

897 ) Letter re resolution levying assessment against
897 a)
ERBanks for general expenses of Board; also
1697
copy of resolution
898

Letter asking for extra copies of January 1916
Bulletin

901

Draft of proposed rates for collection charges
on checks
1464

902

Letter re FRHotes at ERBadks, etc.

1702

1466

XIX

Stencil

Bage

904

farther amendment to Section 19 of Itederal
Beacrve Act.

1705

906

Amendment to Section 22*

2706

906

Farther amendment to Section 11 of ftderal
Beswrve Act.

1708

906-a

Parther amendment to Federal Be serve Act Section 11*

1709

907

Act imposing semi-annual tax on banks.

1710

908

farther amendment to Section 6202 of the
Bevised Statutes of the U. S.

1711

909

Memorandum - Retirement of Greenbacks.

1712

•910

farther amendment to f i f t h paragraph of
Section 13 of Federal Be serve Act*

1716

912

Amendment tip Section 18 of rvFederal Be serve

914

Act regarding Associate Member Banks of
Federal Be serve Banks.

1717

915

The federal Be serve System as a new factor
i n national & International Finance, Address by W. p. s . Harding, to Boston
Oity Club.

1718

Letter from Counsel, f . B. Board, enclosing
l e t t e r from Mr* Broun, Chief of Bureau of
Efficiency, re stqrpcsed c r i t i c i s m of said
Bureau by Mr. E l l i o t t .

1748.

Brass Statement, re conference of Governor*
of F. Be batiks held Dec. 11th.-14th., i n c .

1780

917

918




Act.

S-l3 o

Se.cA \ o

|n

1716

f&ge
so*
920

Form l e t t e r r# e l i g i b l e applicants for appointment on s t a f f of F. B. Board,

1782

923

He solution of F. B. Me, re membership In
SMeral Advisory Council.

1783

924

Beserve Rotes as Beserve#

1784

926

Amendment to f i r s t paragraph of Section 13
of F. B. Act - previously amendM*

1786

926

Further amendment to Section 25 of F. B. Act,
re Branch Banks.

1786

929

l e t t e r sent to Btederal Beserve agents & Govs*
of Stederal Beserve banks, together with
"Special Instructions #2 of 1916", Dec, 20,
1916.

1787

932

l e t t e r re purchase of bonds by Federal Beserve
batiks*
,

1788

933

l e t t e r , enc. copy of resolution adopted by
F. B. Bd., Dec* 27, 1916, re purchase of
U. S* Z$ bonds, by member batiks*

1789

934

l e t t e r explaining Items i n Form 34 (1917 '
e d i t i o n ) , dated Dec. 23, 1916.

1790

936

Form l e t t e r re increase i n salary of members
of s t a f f of F. B. Board, dated Dec* 26,1916.

1792

938

l e t t e r re appointment of Bank of England a s
foreign agent for F. B* baak of Hew Yoric.

1793

939

Memorandum,re l e t t e a written to F. B. agents
containing matter a f f e c t i n g operation of basic.

1794




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XH

Page

Ho.
941

944

Circular l e t t e r to Federal Beserve Agents
re changes, i f any, desired i n Fora
F. a . A. - 5 , dated Deo. 28. 1916.

1795

.Amendments proposed by F. 1 . Board,in form
approved by Board, Dec. 20, 1916*

1796

648Na
'fjjS

Further amendment to section. 16,
F. R. Act, paragraphs 2,3,4*5,6 & 7 .

1797

Farther amsncbnent to Section 19 of F.
R. Act, -Reserves.

1800

Amendment to Section 11 (c)-Increase
of Beserves.

1804

Farther amendment to Section 13,
paragraph 1 , F. H. Actiy Collection '
of Cheeks for non-member Banks.

1805

905-a

Amendment to Section 22 of F. E.
Act.

1806

910

Further amendment to Section 13,
paragraph 5 , of F.B. Act.

1807

Amendment to Section 17 of F. B. Act.

1808

926

Further amendment to Section 25,
F. B. Act, -Branch Banks.

1809

961

Further amendment to Section 9 of
F. B. Act, -Membership of Idatoal
Savings Banks.

1810

950

Amendment to Section 18, paragraph,
5 , F. a . Act#

1812

949

Amendment to Section 4 , F. B. Act.

1813

• 945
90&»b

CJu i
'

946




. 947

Ofcth of F. B. Agen%*or Deputy Agent, -may
also be used by other class "C" directors
by omitting reference to F. B. Agent.

1815

Stencil

XH1

aA^H 1 ^
947~&

Farther amendment to Section 13, paragraph. 1,
of F. H. Act, -Collection of Checks for
non-member Banks.

1814

948

Letter, dated Jan. 2, 1917, from Sea# P. R.
Board, sent with copies of He vised Form 38*

1816

949

Amendment to Section 4 of F. R* Act*

1817

950

Amendment to Section IB, paragraph 5, of
F. a . Act*

1818

951

Amendment to Section t , F. B. Act, —
Membership of Mutual Savings Batiks*

1819

952.

l e t t e r from GOT*, F. R« Board, dated Jan* 4 ,
1917, sent with copies of drafts of amendts*,
prepared by Board, and submitted to
Committees on Banking and Currency of Senate
& House of Hep*

1821

959

Statement for Press,dated Jan* 9, 1917, re
Boston Clearing House Batiks*

1825

960

Circular l e t t e r from'Gov*, F. R. Board, re
purchase of U# S. bonds by F. R. Batiks*

1826

962

Statement for the Press, re purchase of U. S.
bonds by F. R, Batiks*

1827

963

Annual Report, 1916, of F. R. Board, transmitted to House of Representatives*

1828

965

Circular, dated Jan* 11, 1917, to F. R.
Batiks, re weekly reports of Gold Settlement
Fond*

1912

Circular l e t t e r re copy for business
conditions for use in P. R. Bulletin for
Feb*, 1917*

1913

Press Statement for morning papers, Jan. 14j
1917, re amendment to Federal Reserve Act,
submitted to Committees on Banking &
Currency of Senate and House of Rep*

1914

Amendment to Section 3 of F. R. Act*

1920

966

967

969




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XXIII

Page

Mo.
970

Further amendment to Section 14, sub-section (e)
0 f Federal Beserve Act.

1921

974

Circular l e t t e r , dated Jan. 15, 1917, from Gov.,
F. Be Board, re u n f i t Federal Beserve notes
forwarded to the treasurer of the U. S. for
redemption by a Federal Beserve Bank Sther
than the Federal Be serve Bank of Issue.

1922

Circular l e t t e r , dated Jan. 15, 1917, from Sec.,
F. B. Board, sent with copy of Form and
Be solution for use by Member Batiks, re sale
of U. 5. bonds through the Treasurer of the
U. S.

1925

Bemarks of H. P. Willis, Sec., F. B. Board,
at Boston, Jan. 16, 1917, to members of the
Bos torn Chapter of the American I n s t i t u t e
of Banking.

1926

Letter from Sec., F. B. Board, re changes
to be embodied i n supplement to par l i s t
to be published Feb. 1 , 1917.

1946

l e t t e r , dated Jan. 17, 1917, from Vice Gov.,
F. B. Board, re proper methods of c l a s s i f y i n g
discount material on hand i n batiks.

1947

982

Letter from Gov., F. B. Board, dated Jan. 19,
1917, re Bankers* Acceptances.

1943

984

Form of resolution authorizing a Federal Beserve
Bank to ship unfit Btederal Beserve notes of
another Federal Beserve Bank direct to the
treasurer of the D. 3. for redemption.

1951

Letter from Gov., F. B. Board, accompanying
'Form of Besolution" authorizing a Federal
Beserve Batik to ship u n f i t Federal Beserve
notes of another Federal Beserve Bank direct
to the Treasurer of the U. S. for redemption.

1952

975

976

977

980

985




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mv

Page

Ho.
988

Eoitn l e t t e r from Gov#, F. H.
1917, re trade acceptance,
t h i s head of draft or M i l
on purchase of advertising

Board, Jan. 23,
-inclusion under
of exchange based
space.

1953

989
Memorandum for Auditor-circular form.
(revised!
990
(revised) Memorandum for Cashier, -circular form.

1955

991
Memorandum for Manager of Eransit Dept.(revised)
circular fonn.

1956

994

997

999




1954

Letter from Chairman, Com. on Clearing,
Jan. 26, 1917, re advancing operations
of clearing and collection system.

1958

Press Statement, Jan. 29, 1917, from
P. B. Board, re views of Advisory Council
re proposed amendments to F. H. Act
submitted to Banking and Currency Com.
of Senate and House of Sep.

1961

B i l l introduced in House of Bep. by Mr.
Carter Glass (H. R. 20540) for
authorizing national banking assotions to establish branches.

1970