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104
BOARD OF" GOVERNORS
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OF" THE
FEDERAL RESERVE SYSTEM
R-705
WASHINGTON
ADDRESS DF"F"ICIAL CORRESPONDENCE
TD THE BOARD
September 17, 1940
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Dear Sir:
There is enclosed a copy of a letter
dated August 21, 1940, which the Board has received from the Treasury Department, transmitting a copy of Report No. 2783 of the House of
Representatives, dated July 11, 1940, with respect to the destruction of certain Fiscal
Agency records, and a form for reporting to the
Treasury Archivist the disposition made of the
records on the list.
Any questions regarding the disposition of the useless records should be taken up
with the Treasury Department.
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ours,
:::-:.--:1>_
-----·
T/~A~·
L. P. Bethea,
Assistant Secretary.
Enclosures
(House of Reprooentativ8s Report sont only with
adc.lressod copies.)
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TO THE PRI:SIDENTS OF ALL FEDERAL HESERVE BANKS
105
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R-705-a
TREASURY DEPARTMENT
Washington
August 21, 1940
AUTHORIZATION FOR THE DISPOSITION
OF USELESS RECORDS
TO
Board of Governors of the Federal Reserve System
Attention:
Division of Bank Operations
Pursuant to the terms of the act of Aub~lst 5, 1939, concerning
the disposition of certain records of the United States Government,
permission has been granted in House Report No. 2783, 76th Congress,
Third Session, dated July 11, 1940, for the disposition of the records
described in the following list of useless papers:
Various Federal Reserve Bar~s - January 23, 1940
Federal Reserve Ba~~ of New York,
Goverr~ent Bond Department - February 6, 1940
Under the terms of section 5 of the act of August 5, 1939, disposition may be made by one of the following methods:
(a) By sale, upon the best obtainable terms after
due publication of notice inviting proposals
therefor;
(b) By causing them to be destroyed;
(c) By transfer (without cost to the United States
Government) to any State or dependency of the
United States of America or to any appropriate
educational institution, library, museum, historical, research, or patriotic organization
therein, that has made application ~HH!- therefor, through the Archivist of the United State~.
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You are hereby instructed to dispose of the records described
in the lists referred to above, by one of the methods indicated in the
preceding paragraph. Records containing confidential information should
not be disposed of by sale as waste paper unless their character as records has been destroyed, nor should they be transferred to another institution ¥uthout the consent of the Administrative Assistant to the
Secretary •
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R-705-a
If records are to be transferred to another institution pursuant to a.n application received through the Archivist of the United
States, arrangements for such transfer should be made through the
Treasury Archivist,
If records are to be sold, a separate account should.be kept
of the cost of the sale and the amount of the purchase price received,
and the moneys derived from the sale should be paid into the Treasury
of the United Stat6s,
A report of the disposition of the records on the list indicated above should be made on the attached form in duplicate, and
should be submitted to the Treasury Archivist not later than November
1, 1940.
(Signed) C. R. Schoen6nan
Acting Administrative Assistant
to the Secretary.
.
Enclosures
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Field Offices Form
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106
I
{
107
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R-705-b
REPOHT OF THE DISPOSITION OF USELESS RECORDS
To the Treasury Archi.vist:
The records described in the following list:
Various Federal Reserve Banks - January 23,
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approved for disposition by authority of House Report No. 2783,
76th Congress, Third Session, dated July 11, 1940, have been
disposed of by the following method (except as indicated under
the item "Remarks" below):
_ By sale:
Cost of sale:
Purchase Price:
.
_ By destruction:
...
19~.0
(Indicate rHanner of destruction)
_By transfer to-----,----~-------~-----
(name of institution)
(post-office address)
Date of disposition:
Remarks:
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Field Office Fonn
@FedFRASER