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73 BOARD OF GOVERNORS OF" THE FEDERAL RESERVE SYSTEM WASHINGTON S-552 ADDRESS OFFICIAL CORRESPONDENCE TO THE BOARD September 17, 1942 Dear Sir: The Bureau of the Budget began on August 31, 1942, to assign approval numbers and e:xpi:cation dates to all the report forms of Federal agencies whi<.:h have boen reviewed anci approved· by the Division of Statistical Stanriard.s. The appearance oi' an approval number on a report form will indicate to respondents that the form and the plans and procedures for tho inquiry of' wnich it is a part .h<we been rt>viewed for technical adertuacy, possible cJ.uplicntion, coordination with related work of other agencies, and the need for the inquir-,Y in the light of the burden and cost both to l'(:.-Spondents and to the Federal Government. Prior to the inauguration of the C:tpproval numbers, the Division of Statistical Standards of. the Bureau, and its predecessor· the Central Gtatistical Board made no provision to have an indication upon a form that i t was .iuly reviewed and cleared. The assignment of approval nrunbers will assist in more aclequat0 control over report forms. 'rhe step wt.:.s taken at the req1.~est of Federal agencies and business o:::.-·gnnizations because of the increasing burden on resr.)ondento resulting from the deluge of questionnaires mainly in connection with the war effort. We believe that for nrunerous reasons it would be beneficial for the: Banks, as well as tho Board of Governors, to coo.perate with the Bureau of' tho Budget in thin undertaking. As you know, tho Federal Reserve Systom hns been cooperating with the Bureau of the Budget by furnishing_ it vri th a q_uarterly statement pertaining to report forms used by the Board of Governors and the Federal Reserve Bar~s. There is enclosed e:x:plc.mttory material consisting of copies of Budget Circular No. J60, E~Ul:'Pler.·"ent 1 to this circular, .• 74 -2- and a memorandum from Stuart A. Rice, Assistant Director in Charge of Statistical Standards, to the heads of executive departments, independent establishments and other Govermaent agencies, including corporations. We are also sending you five copies of DSS forms No. 63 and. 63a. Please fill these in in accordancG with the instructions contained in the explanatory material and return four of them to reach the Board not le1ter than September 25, 1942, together with four copies of each questionnaire or report mentioned in the forr::., so that we can transmit them to the Bureau of the Budget before October 1. Ploase note that with the inauguration of this report Budget Circular No. 351 (see F.H.L.L.S. #3945) which requires each Federal E'gency to report quarterly on all new forms, revised forms, and discontinued forms to the Division of Statistical Standards of the Bu.:;:-eau of the Budget, has been .suspended untn fui'ther notice. However, it will be necessary for you to send us any proposed new or reYised form be:t'ore its use is begun so that an approval nurilber and an expiration date for the for·m may be obtained from the Division of Sts.tistie;aJ. Standards, Very truly yours, Chester liiorrill, Secretary. Enclosures 15 TO THE PRESIDENTS OF ALL FEDERAL' :RE0Ji:RVE B.fl.Niffi