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W. P. G. HARDING, GOVERNOB ALiiRT ITIIAUSS, VICE GOVIRNOR ADOLPH C.IIILL!II CHAIILES S. MAll LIN HENRY A.IIOEHLENPAH Ex OPPICIO MEMBRIIB DAVID F. HOUSTON SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD W. T.CHAPMAN, SECRETARY R. G. EMERSON, ASSISTANT SECRITARY ADDRESS REPLY TO w, M.IMUY, fi.CAL A~lNT WASHINGTON FEDERAL RESERVE BOARD May 11, 1920. St .. 1147 . SUBJECT: Extra Compensation, or Bonus Paid Dnployees. Dear Sir: In order to insure a uniform method of reporting extra compensation or bonus paid employees, may we request that such additional compensation be included with salaries paid to the respective groups of employees, items GIFT to GILT of the monthly expense report, Form 96; also that a note be sh~v.n on the re- verse side of the form giving separately for each group of employees the amount of extra compensation or bonus paid during the report period. In case your Bank has granted any bonus during the past q_uarter, may 'Ne ask that you kindly inform us of the amount paid to each group of employees. Please acknowledge receipt. Very truly yours, Assistant Secretary. (COPY OF THIS LETTER SENT TO CHAIBM.AN OF EACH F. R. B.A..~)
@FedFRASER