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Ex-officio Members W. P. G. HARDING, G O V E R N O R PAUL M. WARBURG, V i c e G o v e r n o r FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN ----- WILLIAM 6. McADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD A P A R K E R W IL L IS , SECR ETAR Y SHERMAN P. ALLEN, and W A S H IN G T O N A SST. S EC R ETA R Y F is c a l A g e n t A DDRESS REPLY TO FEDERAL RESERVE fOARD August 24, 1917, Dear Sirs The Federal Reserve Board has obtained a copy of an enabling act recently passed by the Legislature of the State of Pennsylvania, per mitting State banks and trust companies to come into the Federal Re serve System, In response to inquiries from some of the Federal Re serve Banks, this Act will appear in the next member of the Federal Reserve Bulletin. The act in the form adopted by the State of Penn sylvania is so satisfactory that it constitutes a good standard for enabling acts in those States where these acts are needed* Respectfully, Governor,
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