Full text of Mimeograph Letters and Statements of the Board : Letter From Governor, Federal Reserve Board, Oct. 15, 1917, Enc. Circulars Containing Statement by President of U. S. Upon Opportunity Afforded Non-member State Banks & Trust Companies to Render Public Service by Becoming Members of Federal Reserve System. Requests Distribution of Same, Number X-431, Volume 6, Page 2820

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W. P. G. HARDING, GOVERNOR .
PAUL m . w ar b ur g , vice Governor

Ex-Officio Members

ttE D & U C A. DELANO

WILLIAM 6. McADOO

4tTO¥P*H-e. MILLER
CHARLES S. HAMLIN

SECRETAR Y OF TH E TR EASU R Y
C H A IR M A N

JOHN SKELTON WILLIAMS
CO M PTR O LLER O F T H E C U R R E N C Y

FEDERAL RESERVE BOARD
WASHINGTON

H. PARKER WILLIS, S E C R E T A R Y
SHERMAN P . ALLEN, A S S T . S E C R E T A R Y
and

F is c a l a g e n t

ADDRESS REPLY TO

FEDERAL RESERVE BOARD

October 15, 1917.

Dear Sir:
The Board is sending you a number of printed circulars
which contain a statement by the President of the United States,
upon the opportunity which is now afforded the nonmember state
banks and trust companies to render distinct public service by
becoming members of the Federal Reserve System.
You were requested a few' days ago to prepare a list of
the state banks and trust companies in your district which are
eligible for membership and the Board asks now that you have
these circulars addressed properly to each institution in your
district which appears prima facie to be eligible.




V ery t r u l y you rs.

Governor.