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39C FEDERAL RESERVE BOARD WASHINGTON address official correspondence to the federal reserve board X-4218 December 19, 1924 SUBJECT: Bank and Public Relations Work. Bear S i r : The Federal Reserve Board has considered the Committee r e p o r t submitted a t the recent Conference of Federal Reserve Agents on the subject of 'tBaak and Public Relations Work". The Board i s of the opinion that Federal Reserve Banks should not undertake any organized, concerted e f f o r t "to bring b e f o r e the business men of the country the advantages they axe receiving ** from the Federal Reserve System", but should cooperate with organizations disposed t o be h e l p f u l - such as the National Association of Credit Men, the American Bankers Association, Chambers of Commerce, and Agricultural and Civic Associations by f u r n i s h i n g them with such information about the work of the System as they may properly u s e . Very truly, yours, Walter L. Eddy, Secretary TO ALL FEDERAL RESERVE AGENTS.
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