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Bx o r n o o M i M u i t s

w . p . « . HARD.NS, SOVMHO,

•

E
FEDERAL RESERVE BOARD

R

FEDERAL RESERVE BOARD

WASHINGTON

- ®- E M E R S O N , ASSISTANT SECRETARY

w.

December 2,1919.

Subject:

~

W . T . C H A P M A N , SECRETARY
R

ADDRESS REPLY TO

E

M. IMLAY. FISCAL AGENT

x-1739

L i s t of O f f i c e r s and Employees of Federal Reserve
Banks a s of January 1, 1920,

Dear S i r : With r e f e r e n c e t o t h e Federal Reserve Board's l e t t e r of September
11, 1915, X-1189, on the s u b j e c t of s a l a r i e s of o f f i c e r s and employees of
Federal Reserve - Bojdks a s of January 1 s t and J u l y 1 s t of each y e a r , i t i s
suggested t h a t , i n order t o secure u n i f o r m i t y i n submitting t h i s data f o r
January 1, 1920, the following form be followed:
Department
Date of
Employment

Name

Position

Present
Annual
Salary

Proposed
Annual
Salary

Proposed
Increase

This l i s t should show a l l employees of each department, i n c l u d i n g the War
Savings Organization and the F i s c a l Agency Department, and employees not
assigned to any p a r t i c u l a r department. In those cases where s a l a r i e s are
reimbursable, e i t h e r i n whole or i n p a r t , by the Treasury Department, i t i s
requested t h a t n o t e be made t o t h i s e f f e c t .
A l s o , p l e a s e show on a s e p a r a t e s h e e t a r e c a p i t u l a t i o n b y d e p a r t ments, g i v i n g the f o l l o w i n g information:.

Department

Nuniber of
Employees

Total An—
nual S a l a r i e s

Total
Proposed
Increases

Total P r o posed Annual
Salaries

This r e c a p i t u l a t i o n should be f o o t e d and show grand t o t a l s .
As r e q u e s t e d in the Board's l e t t e r of September 11, 19IS, the Board
d e s i r e s d e t a i l e d information on a l l i n c r e a s e s in s a l a r y amounting, t o $300 or
more per annum; a l s o prompt advice of the appointment of any new employee
a t a s a l a r y of $2 r 400 or more per annum, with a statement d e s c r i b i n g the
d u t i e s t o be performed, the q u a l i f i c a t i o n s of the employee, and the proposed
s a l a r y . I t i s a l s o r e q u e s t e d t h a t prompt, n o t i c e be given t o the Board of t h e
r e s i g n a t i o n of any o f f i c e r or employee whose s a l a r y i s $2,400 or more per
annum.



924

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-2-

925

In a d d i t i o n t o the f o r e g o i n g information the Board d e s i r e s t h a t you
submit a memorandum with your r e p o r t f o r January 1 s t covering the d u t i e s
assigned t o each o f f i c e r of the bank and the departments which are operated
under h i s general supervision or immediate d i r e c t i o n ; a l s o a d e s c r i p t i o n
of the d u t i e s of employees r e c e i v i n g s a l a r i e s of $3,000 or more per annum,
who are engaged in s p e c i a l work f o r the bank but who are not assigned to
any p a r t i c u l a r department, s t a t i n g the r a t e of eompensation, and whether
or not the employee devotes h i s e n t i r e time to the work of the Reserve
Bank.
The Board d e s i r e s f u r t h e r t h a t the memorandum include a "brief d e s c r i p t i o n covering the scope of the work of each department, i t s subdivisions,
the name of the o f f i c e r or employee in charge of each department or sub- .
d i v i s i o n , the names of h i s p r i n c i p a l a s s i s t a n t s , and the name of the o f f i c e r
of the bank who has general supervision of the o p e r a t i o n of the department.
To secure u n i f o r m i t y , i t i s suggested t h a t t h i s information "be f u r n i s h e d
in accordance w i t h the a t t a c h e d form.
Very t r u l y yoursj

Enclosure.




Governor.

L e t t e r t o Chairman of a l l F.E, Banks.

X-156la
DEPARTMENT:

Discount Department

SCOPE:

General, but b r i e f d e s c r i p t i o n of the
work of the department.

GENERAL SUPERVISION:

Deputy Governor.
IMMEDIATE SUPERVISION:
A s s i s t a n t Cashier.
MAMSEB:

ASSISTANT M M GBR:

DIVISIONS:

In Gharge

Assistant

Loans t o member banks, unsecured
Loans to member banks, Government c o l l a t e r a l
Member bank promissory n o t e s

.

__

—

Accep tances purchased
Rediscounts with or f o r other Federal
Reserve Banks
' Custody of c o l l a t e r a l




.

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