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801 W. P. 0 . HARDING. GOVERNOR ALBERT STRAUSS. VICE GOVERNOR EX OFFICIO MEMBERS CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN FEDERAL RESERVE BOARD JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY ADDRESS REPLY TO WASHINGTON FEDERAL RESERVE BOARD ADOLPH C. MILLER CHARLES S . HAMLIN HENRY A. MOEHLENPAH W. T. CHAPMAN, SECRETARY R. G . EMERSON. ASSISTANT SECRETARY W. M. IMLAY, FISCAL AGENT Nove mber 19,1919* X-172S Subject: Member Banks Subject to Provisions of Clayton Act. Dear Sir At a meeting of the Federal Reserve Board y e s t e r d a y , I was requested to ask the Federal Reserve Agents t o submit a l i s t of member banks i n t h e i r r e spective d i s t r i c t s which are s u b j e c t to the p r o v i s i o n s of the Clayton Act, f o r which j o i n t d i r e c t o r s h i p s haye h i t h e r t o been authorized aid which may, owing t o chrjtnged c o n d i t i o n s or a change i n the c h a r a c t e r of thcj.r b u s i n e s s , now be regarded as competing i n s t i t u t i o n s . The Board d e s i r e s to have, n o t l a t e r than December 10th, a l i s t of member banks i n your d i s t r i c t , j o i n t d i r e c t o r s h i p s i n which might be re&ardea as of doubtful l e g a l i t y . Very t r u l y yours governor. L e t t e r t o Chairmen of a l l F.R. Banks.