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161

BOARD OF G O V E R N O R S
OF THE

FEDERAL RESERVE SYSTEM
R-642

WASHINGTON
ADDRESS

OFFICIAL C O R R E S P O N D E N C E
TO THE

April 25, 1940

Dear Sir:
The Board of Governors concurs in the action
taken by the Conference of Presidents at their meeting
held in Washington March 19, 1940 with respect to the
Report of the Standing Committee on Collections dated
February 19-20, 1940.
The Board has noted the action taken by the
Conference relative to the adoption of a uniform size
of paper for regulations, circulars and general letters of the Board of Governors and the Federal Reserve
Banks. The Board may wish to take this matter up with
the Reserve Banks at a later date.
Very truly yours,
) r Y ) o v u £ j ( >

Chester Morrill,
Secretary.
TO THE PRESIDENTS OF ALL FEDERAL RESERVE BANKS




BOARD