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181

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

FEDERAL RESERVE SYSTEM
R-724

WASHINGTON
ADDRESS

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

October 30, 194-0

Bear Sir:
It is expected that the conference with
representatives of the Federal Reserve Banks and
their branches which is to be conducted under the
general direction of Mr. Donald M. Nelson, Director of Small Business Activities for the National
Defense Advisory Commission, and Governor Draper
on behalf of the Board of Governors, regarding
the participation of small business enterprises
in the defense program, will bo held in the Board
Room of the Board of Governors beginning at 9:30
a.m., Tuesday, November 12, and extending through
a morning session on Wednesday, November 13.
I sin transmitting herewith a number of
copies of the tentative agenda for this meeting.
Such other information as may become available
will be forwarded to you from time to time.
Very truly yours,

Chester Morrill,
Secretary.
Enclosures
(Enclosures sent only with addressed copies)
TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS

BOARD

R—724—3' ^ g g
TENTATIVE AGENDA FOR CONFERENCE OF FEDERAL RESERVE
OFFICERS, SERVICE PROCUREMENT OFFICERS AND DIRECTOR OF
SMALL BUSINESS ACTIVITIES, TO BE HELD AT WASHINGTON
NOVEMBER 12th AND 13th, 1940
FIRST DAY
Morning Session
9:30 A.M. - 12:30 P.M.
I

Introductory statement by Governor E. G. Draper as Chairman of
meeting.

II

Opening remarks by Chairman Marriner S. Eccles of Board of Governors, Federal Reserve System.

Ill

Statement by Donald M. Nelson, Director of Small Business Activities, on the purposes, objectives and organizational setup of
the plan; and suggestions as to functions to be performed by Federal Reserve Banks and their branches in carrying out the plan.

IV

Statement by representative of War Department on methods used by
the War Department in making purchases of material and supplies;
location of Army procurement centers; methods by which procurement officers can cooperate with Federal Reserve officers.

V

Similar statement by representative of Navy Department.
Afternoon Session
2:00 P.M. - 5:00 P.M.

I

Statement by Stacy May, Director of Bureau of Research and Statistics, National Defense Advisory Commission, on the geographical location of concerns now holding defense contracts; volume
and type of such contracts, et cetera.

II

Statement by David Ginsburg, Legal Adviser, Price Stabilization
Division, National Defense Advisory Commission, on the nature of
the supply and plant facilities contracts; legal aspects of the
assignment of claims against Government resulting from defense
contracts.

Ill

Statement by staff member of Office of Director of Small Business
Activities, on methods by which office of Director and Member of
Board of Governors will keep field officers supplied with current
information, and discussion as to best means of using questionnaire.
SECOND DAY
Morning Session
9:30 A.M.

I

Round Table Discussion.