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536 W. P. G. HARDING, GOVERNOR ALBERT STRAUSS, VICE GOVERNOR ADOLPH C. MILLER CHARLES S. HAMLIN CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD J. A. BRODERICK, SECRETARY W. T. CHAPMAN. ASSISTANT SECRETARY W. M.IMLAY, FISCAL AGENT WASHINGTON ADDRESS REPLY TO FEDERAL RESERVE SOARD ..... SUbject: Address by Wallace D. Simmons "Exchange of Checks at par.~ Dear Sir: The Board has received from the Federal Reserve Batik of an address made by Mr. Wallace D. Simmons before the Chaznber of Co1m..erce of the United States at a meeting in St. Louis on April 30th last on the subject of "Exchange of Checks at Par". The Federal Reserve Bank of St. Louis is using a booklet containing this address in its crurr~aign for par points and is distributing it among banks and their customers in the Eighth District. st. Louis a copy of It is believed that you would be interested in this booklet, and that you might be able to use i t to good a,dvantage in your own district. If you have not already seen it, it is suggested that you write the Federal Reserve Bank of st. Louis for a copy. Very truly yom~s, • I, . Governor. tetter to all chairmen of Federal Reserve Banks except St.Louis "
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