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W. P. G. HARDING, GOVERNOR PAUL M. WARBURG, VICJ GOVIER NOR FREDERIC A. DELANO ADOLPH c. MILLER EX-OFFICIO MEMBERS WILLIAM G. McADOO SECRETARY OF THE TREASURY CHAIRMAN CHARLES S, HAMLIN .JOHN SKELTON WILLIAMS H. PARKER WILLIS, SECRETARY SHERMAN P. ALLEN, A.!ST.SECRETARY AND FISCAL AGENT FEDERAL RESERVE BOARD COMPTROLLER OF THE CURRENCY WASHINGTON ADOR.&:SS REPL. Y TO FEDERAL. RESERVE BOARD :ir-961 May 27, 1918. Dear Sir: I run instructed to inform you that the Federal Resorvo Boaro. has ordered that in all blmiitet license is.. issued c~ses uhero o.. permitting continuous ship-" ments of foreign currency out of the country, suc.'l licenses sh?..ll specify that Shipments may. be permitted only to those countries by whom the currency being e~1?orted be required to sign a custon:er's b~r ~e issued should st~temont us rc- Executive Order of Jo.nu2Xy 26, 1918. Yours ver:;.r truly, Secretary. Fcd.eral Reserve Bmi!::, is wo..s originally issued • .Pn.:rties to whom such 1 icenscs quir·x"t ~miCh
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