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118 BOARD OF GOVERNORS OF" THE FEDERAL RESERVE SYSTEM S-427 WASHINGTON ADDRESS DF'F'ICIAL CORRESPONDENCE TD THE BOARD January 22, 1942 Dear Sir: Enclosed. you vdll find copy of a letter, dated January 20, 1942, addressed to the Board of Governors by the Honorable James Forrestal, Under SecretarJ of the Navy, and a copy of Governor Draper's reply thGreto, relatlng to Executivo Order No. 9001, dated December 2'7, 1941. In all probability the Defense Contract Officer at your head office and branches, if any, will receive requests from Inspectors of Naval Materiel, Supervisors of Shipbuilding, Commandants of Naval Districts, o,nd contro.cting officers of the Navy for confidential reports regarding industrial concerns in connection with the awarding of contracts and the making of advcncc pc.yments. It will be appreciated if you will forward to this office a copy of each of the reports made cy- the Def8nse Cont:r·act. Officer at your head office and branches, if any, advising the name of the officer to whom the repo:·t was furnished and the name and address of' the concern involved. In those cases whe:ce the report is f\J.rnished in connection vrith an advance payment request, please also set forth i:1 the copy of the report forv,arded -to this office th'3 numb0r and amount of the contract, th-3 date of its execution, the article or articles contracted for, o.nd the amount of the advtnco peyment requested. Your cooperation in assisting the Navy Department will be very much appreciated. Very truly yours, Enclosures 2 Ci1ester ~~orrill, Secretary. TO THE PRESIDEifrS OF ALL FEDEHA.L RSSER.V}~ BANKS COPY TO FEDE11AL RESERVE DEFEHSE CONTRACT OF7IC~S (Enclosures sent on~ with copies to http://fraser.stlouisfed.org/ a.?lei Defensa C.:mtruct Officers) Federal Reserve Bank of St. Louis Presidents
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