The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
3 3 8 federal reserve board WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD 4 7 G5 December 1, 1926. a SUBJECT: Federal Reserve Bank Representation a t Bankers' Conventions. Dear S i r : R e f e r r i n g to the Board's l e t t e r of October 12, 1926, X-4691, on the s u b j e c t of Federal r e s e r v e "bank r e p r e s e n t a t i o n a t bankers' conventions, you a r e advised t h a t the Federal Reserve Board concurs in the view of the r e c e n t Governors' Conference, which was s u b s t a n t i a l l y the same as t h a t of the Federal Reserve Agents, t h a t r e p r e s e n t a t i o n of Federal r e s e r v e banks a t conventions w i t h i n t h e i r own d i s t r i c t i s of utmost iimportance; t h a t attendance a t conv e n t i o n s o u t s i d e of t h e i r d i s t r i c t i s sometimes a d v i s a b l e , and t h a t determination of the extent to which Federal r e serve banks should be r e p r e s e n t e d a t such conventions by o f f i c e r s and employees should be l e f t to t h e judgment of the o f f i c e r s and d i r e c t o r s of the Federal r e s e r v e banks, s i n c e i t i s impossible to l a y down any uniform p r a c t i c e . "Very t r u l y yours, Walter L. Eddy, Secretary. To All Governors and F-R.Agents.