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R-511 40 BOARD OF G O V E R N O R S OF THE 6 FEDERAL RESERVE SYSTEM WASHINGTON A D D R E S S OFFICIAL C O R R E S P O N D E N C E TO T H E BOARD July 24, 1939 Dear Sir: There Is enclosed a copy of a letter, dated July 18, which the Board has received from the Treasuiy Department transmitting a copy of Report No. 1066 of the House of Representatives dated July 10, 1939, with respect to the destruction of the fiscal agency and depositary records referred to in the Board's letter of December 14, 1938, R-359, and enclosure. The fiscal agency and depositary records are listed on page 4 of the report. Any questions regarding the disposal of the useless papers should be taken up with the Treasury Department. Very truly youys+.. S. R. '• Carpenter, Assistant Secretary Enclosure TO THE PRESIDENTS OF ALL FEDERAL RESERVE BANKS R—511—8. TREASURY DEPARTMENT Washington July 18, 1939 The Board of Governors of the Federal Reserve System, Washington, D. C. Attention: Division of Bank Operations Gentlemen: Agreeably to authority contained in House Report No. 1066, 76th Congress, 1st Session, covering the disposition of useless papers in the Treasury Department, a copy of which report is transmitted herewith, you are requested to proceed with the elimination from your files of the "useless papers" heretofore reported by you for destruction as listed in said report. Particular attention is invited to the following recommendation made by the Joint Committee in its report: "We would, however suggest to the Department of the Treasury, that any request from universities, public libraries, historical societies, or other non-Federal organizations relative to these papers, be honored and that the Department of the Treasury cooperate with such organizations to the extent that it deems reasonable and advisable." Such useless papers as can be sold for waste paper should be placed in special sacks and kept separate from the ordinary accumulations of waste paper in the building in which the useless papers are housed and when the papers have been disposed of a report should be made to the Chief Clerk of the weight and the proceeds received therefrom. This information is necessary to enable the Secretary to make a report to Congress showing (l) the action taken under the House Document mentioned and (2) the amount of proceeds received from sales. It is especially desired that the report be in the office of the Chief Clerk not later than August 15, 1939. Very truly yours, (Signed) W. N. Thompson Acting Administrative Assistant to the Secretary Enclosure
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