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905
EX OFFICIO MEMBERS
DAVID F . H O U S T O N

SECRETARY OF THE TREASURY
CHAIRMAN

FEDERAL RESERVE BOARD

JOHN SKELTON WILLIAMS
COMPTROLLER OF THE CURRENCY
A D D R E S S REPLY TO

WASHINGTON

FEDERAL RESERVE BOARD

W. P. G. HARDING, GOVERNOR
ALBERT STRAUSS, VICE GOVERNOR
ADO LP H C. MILLER
CHARLES S. HAMLIN
HENRY A. MOEHLENPAH
W . T. CHAPMAN, SECRETARY
R. 6. EMERSON, ASSISTANT SECRETARY
W. M. INLAY, FISCAL AGENT

October 2, 1920.

X-2020.

Dear S i r :
As a m a t t e r of i n f o r m a t i o n and. i n t e r e s t , I
enclose a copy of an a d d r e s s d e l i v e r e d by Governor
Harding t o the Motor and Accessory Manufacturers 1
A s s o c i a t i o n a t Cleveland, Ohio, on September 16, 1920,
The a d d r e s s was d e l i v e r e d extemporaneously and a f t e r wards s t e n c i l e d by t h e Board from t h e s t e n o g r a p h i c
r e p o r t stroplied by t h e Motor and Accessory M a n u f a c t u r e r s '
Association.
Very t r u l y y o u r s ,

Executive S e c r e t a r y .

Enclosure.

To Chairman of a l l F e d e r a l Be serve Barks,