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Ex-Officio Members

W . P. G. HARDING, GOVERNOR
PAU L M. WARBURG, VICE GOVERNOR
FREDERIC A. DELANO
ADOLPH C. M ILLER
CHARLES S. HAM LIN

W ILLIAM G. McADOO
SECRETARY OF THE TREASURY
CHAIRMAN
JOHN SKELTON W ILLIAM S
COMPTROLLER OF THE CURRENCY

FEDERAL RESERVE BOARD

H. PARKER W ILLIS , SECRETARY
SHERMAN P. ALLE N , ASST. SECRETARY
a n d f is c a l a o e n t

WASHINGTON

TO

FEDERAL RESERVE BOARD

July 27, 1917.

Dear Mr.
Under authority of the Federal Reserve Act as amended
on June 21, 1917, "Subject to the approval of the Federal Reserve
Board, the Federal reserve agent shall appoint one or more assist­
ants. Such assistants, whc shall he persons of tested banking
experience, shall assist the Federal reserve agent in the perform­
ance of his duties and shall also 'have power to act in his name
and stead during his absence or disability."
There is inclosed a signature card, which you will please
have your assistant sign and return. This signature should be cer­
tified by you.
In case you are to be absent at any time, you are requested
to advise the Board in advance of such absence, so that the Board may
be advised of the authority of the Assistant Federal Reserve Agent to
sign Gold Settlement Fund telegrams. He should sign as indicated
below:.
"R, L. Austin,
Federal Reserve Agent,
By____________________
Assistant Federal
reserve agent."
For your information, the Board has held that assistants
may also sign,as above indicated, in the absence of the Federal re­
serve agent, reports and other coranunications usually sent to the
Federal Reserve Board by the agent.




Very truly yours,

Governor