Full text of Mimeograph Letters and Statements of the Board : Letter From the Governor Enc. Copy of Letter From John H. Rich, Chairman of the Board of Directors of the Federal Reserve Bank of Minneapolis, re Explanation of Federal Reserve System, Number X-3095, Volume 14, Page 458

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FEDERAL RESERVE BOARD
WASHINGTON

X-3035
April 14, 1921 ..

SUBJECT:

Ex~lanation

of Federal Reserve System

Dear Sir:
There is enclosed herewith copy of

a letter written by Mr. John H. Rich, Chainnan
of the Board of Direc·tors of the Federal Reserve
:Bank of Minneapolis wnich is self-explanfl.tory,
and which the Board. believes you will be inter-

ested in reading.
Very truly yours,

(Enclosure)

Go v e r n o r.

To all Governors and Chairmen excepting Minneapolis.

NOTE FOR FII.Ea 1

STENCILS FCil THE ENCLOSURE MENTIONED ABOVE ll!lftE
N<Yl! OUT IN THE OFFICES OF THE FEDERAL RESERVE BOARD.