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BOARD OF GOVERNORS OF" THE FEDERAL RESERVE SYSTEM " R-881 WASHINGTON AOOAEBS Of"I'"ICIAL COAAESPONOENCE TO THE BOAAO September 6, 19.41 Dear Sir: On Sunday evening, August 31, 1941, the &nerican Forum of the Air, presented over a coast to coast mutual network from the Willard Hotel in Washington, D. C., discussed the subject "How Far Should Vie Curb Instalment Buying?". .Mr. Chester C. Davis, President of the Federal Reserve Bank of St~ Louis, and Mr. Rolf Nugent, Consultant to the Office of Price Administration, participated in the program. • .. In view of the timeliness of this subject and the responsibility of the Federal Reserve System for the administration of its recently issued Regulation W with respect to conswner credit, five copies of the.radio script, which have just been received from the printer, are being sent herewith to each Federal Reserve Bank and three copies thereof to each branch • L. P. Bethea, Assistant Secretary. Enclosures LETTER TO THE PRESIDENTS OF ALL FEDERAL RESEHVE BANKS AND TO THE MANAGING Dillli'CTORS OF ALL BRANCHES (Enclosures sent with addressed copies only) •
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