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W. P. G. HARDING, GOVERNOR EX-OFFICIO MEMBERS "" ) PAUL M. WARBURG, VICI GOVIRNOR FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN WllLIAM G. MCADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS H. PARKER WILLIS, SECRETARY SHERMAN P. ALLEN. AsST.SEcft!53 FEDERAL RESERVE BOARD COMPTROLI.ER Of' THE CURRENCY AND fiSCAL AGENT ADDRESS REPLY TO WASHINGTON FEDERAL RESERVE BOARD Dear Sir: F<lr ycur !»fotma.tion, there is submitted the following statement as to changes on the Staff of th~ Federal &serve Board.: Mr. H. Parker Willis has resigned as Socratary 1 effective Au~st 31st. The Board is pleased to announce thAt Mr~ Willis will continue, after Septembet first) to act as Editor bf the Federal Reserve Bulletin and.· as Chief ~f its new Divis:i.Oti of Anaiysis ancl Research. Mr. J. •· Bro~erick bas been elected Secretary of the Board., effective September first. He wi:l be charged with the admihistrative to details of the Boards ~tk and 1 in additiort 1 will continue general supervision QVGr the work ef examining F~de~l exercise Reserve banks and applications made by state banks for admission to the syste~ Mr. Broderick will 1 frotn time to time 1 visit the various Fadera.l Reserve Banks and report as to the methods, management and policies of such institutions. Mr. Adelson_, tha Assistant Secretary, will perform the ' Secret~ry's dutie8 in the absence of Mr. Broderick and 1 in additio~1 has been designated .as Secretary of the Gold Export Ctmittee. itt ... -2- He will~ als0 1 from time to time 1 rrake visits to the various Fede~l Reserve Banks in connection with the work outlines in the previous paragraph. Mr. W. T. Cha.pnan has been elected Assistant Secretah' of the Boa~d1 effective September lst. He will perfonw the duties of general assistant to Y~ssrs. The Board Broderick and Adelson. ann~tnc6s the appointment of S.G. Sargent as Federal Reserve Examiner 5n the 1welfth District, effective - September 16th. ~ > ·-'~ ~ S.. G~ Sargent, ~ssrs~ w.w. on the staff of the John A. W1ll 1 J. F. Herson; W.E. Walter) Paddock, Bo~rd, w J. Donai.d.., G.F. .. Hamilton, examiners are authorized to examine the Federal Reserve banks and branches. Messrs. Buchanan, I..anil'lg 1 Augherton 1 Gordon, Kraft, Chamberlin and AtkS.ns are authorized to examine 'branches Of Federal Reserve banks on presentation of proper letter of authority signed by Examiner in charge of the examinatjon. Very truly yours, .. , Governor •.