Full text of Mimeograph Letters and Statements of the Board : Letter From Director, Division of Foreign Exchange, Feb. 8, 1918, Enc. Copy of "Instructions to Dealers" re Foreign Exchange Control Being Undertaken by Federal Reserve Board, in Accordance with Executive Order of the President, Number X-711, Volume 7, Page 135

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W. P, G. HARDING, GOYiaROII:
PAUL II. WARBURG. Vl~l $0VIRIIOR

EX·OFFICIO MEMBERS

FREDERIC A. DELANO

WILLIAM G. MCADOO
SECRETARY OF THE TREASURY
CHAIRMAN

ADOLPH C. MILLER

CHARLES S. HAMLIN

JOHN SKELTON WILLIAMS
COMPTROLLER OF THii. CURRENCY

M. PARKER WJLLIS, SECRITART
SHIRMAN P. ALLEN, ASST. iiCIITARY
AftD FISCAL AQEHT

FEDERAL RESERVE BOARD

=-·-711
WASHINGTON

ADOUSS REPLY TO

PEPERAL RESERVIE IIOARD

Febru~ry

8, 1918.

Do:..r Sir:
Inclosod hJr:.:wi th copy of !nstructions to Do.:.:.lers,
in connection with th:J f or0ign JXCh.:;.ngo control being

undortakJn by thJ

Fcdcr~l

hosJrVo Board in

accord~nco

with Executive Ordor of thJ Prcsid;mt, thinking it tr-ight

be helpful to you to have it in

adv~nco.

The forrr.s r;:;forrod to will b0 dolivcrod to you vvith
registration ccrtif:i.catc, ::.nd in the r,cantirr.J your foroign

business can proceed as usual.
With kind personal rogards, I c..r;,

Sincor.Jly yours,

Dinctor,
Division of Furoign Exch-ngc.