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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




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