Full text of Mimeograph Letters and Statements of the Board : Letter From Asst. Secretary Bethea re Employees Heretofore Attending Graduate School of Banking May Not Now Be Reimbursed for Registration, Resident and Extension Tuition Fees, Number S-141, Volume 50, Page 373

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&-141

373

BOARD O F G O V E R N O R S
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
a d d r e b i

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

t h e

January 15, 1939

Dear Sir:
The question has been raised whether in view of the
Board's letter, 8-139, of December 28, 1938, the Federal Reserve banks may now reimburse members of their staffs, who
have heretofore attended the Graduate School of Banking at
Rutgers University, for Registration and Resident and Extension tuition fees paid by them.
The revision of the first paragraph on page 3 of the
statement accompanying the Board's letter of October 30, 1936,
1-9729, became effective qs of December 28, 1938, and it was
not the intention of the Board to make it retroactive.

i~» * P.
r • Bethea
DC? Vi-itvOL |
L,
Assistant Secretary

TO THE. PRESIDENTS OF ALL FEDERAL RESERVE BANKS




b o a r d