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FEDERAL RESERVE BOARD WASHINGTON June 17, 1922. St.2842. SUBJECT: R e c o r d of Federal Reserve B a n k D i s c o u n t -Rates, 1914 - 1921. Dear Sir: For your information there are enclosed herewith two c o p i e s of a p a m p h l e t w h i c h h a s just b e e n p r i n t e d g i v i n g the record of all c h a n g e s i n d i s c o u n t r a t e s of the F e d e r a l r e s e r v e b a n k s f r o m the time of their i n a u g u r a t i o n i n N o v e m b e r 1 9 1 4 to t h e e n d o f D e c e m b e r 1 9 2 1 . The B o a r d h a s a small supply of t h e s e p a m p h l e t s , a n d i f d e s i r e d , a l i m i t e d n u m b e r i n a d d i t i o n to t h e e n c l o s e d copies will be furnished upon raquest. Very truly yours, Wrn. 77, H o x t o n , Secretary. Enclosure. L e t t e r s e n t to C h a i r m a n a n d to G o v e r n o r at each Federal Reserve Bank.