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April 12, 1916 Sir: Some months ago the Federal Reserve Board decided that hereafter a copy of the report of examination of each Federal Reserve Bank should be given to the respective bank. It has no-,? boon suggested by one of the Governors that, in order to insure dissemination of these reports, the Federal Reserve Bank should in each case request each of its Di rectors to read the report, initial it, and that the Chair man of the Board of Directors shall notify the Federal Re serve Board that the report has been read by these Directors, and, therefore, had their full consideration. The Federal Reserve Board would be very glad to have this course adopted in the future. Yours very truly, Governor