View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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

FEDERAL RESERVE SYSTEM

R-722

WASHINGTON
ADDRESS

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

BOARD

October 29, 19i|0

Dear Sir:
Referring to the Board1 s wire of October 2^, quoting a
letter from the National Defense Advisory Commission and a copy
of a press statement released by the Commission with respect to
the obtaining of Defense contracts by small business enterprises,
there arc enclosed for the information of the officer' at your
head office and the officers at your branches, if any, designated
as field and technical representatives, the following memoranda:




1. Plan to increase the participation of small
business enterprisesin the national defense
program. This plan was adopted by the National
Defense Advisory Commission, October 2R, 19^-0•
2, Letter, dated October 25, 19ii0, to the Board
of Governors from the National Defense Advisory
Commission, requesting the cooperation and
assistance of the Federal Reserve System in
carrying out the program,
3- Army purchase information bulletin of I9I4.O•
This bulletin is a guide to manufacturers who
are interested in placing their facilities at
the disposal of the government in connection
with the defense program.
1+. A circular issued by the Navy Department, outlining in brief the purchasing system, of the Navy,
5* August, 19l|0, revision of a bulletin issued by
the Bureau of Foreign and domestic Commerce, compiled as a guide to businessmen desiring to cooperate in the national defense program.

179
R-722
- 2

At the conference to be called in Washington in the
near future detailed information will be made available with
respect to the part the field and technical representatives
are to take in the phase of the National Defense Advisory
Commission' s program in which the System*s cooperation and
assistance have been asked. The conference program will be
mailed to you within the next few days,
Very truly yours,

Chester Merrill,
Secretary,

Enclosures
TO THE PRESIDENT CF EACH FEDERAL RESERVE BAi\K
>

ENCLOSURES SENT ONLY WITH ADDRESSED COPIES