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FEDERAL RESERVE BOARD
WASHINGTON
address official correspondence t o
the federal reserve board
X-9061
December 26, 1934
Dear S i r :
There a r e a t t a c h e d c o p i e s of t h e minutes of t h e meetings
of t h e Chairmen of t h e I n d u s t r i a l Advisory Committees h e l d i n
Washington on December 17 and 18, 1934.
There i s a l s o a t t a c h e d
a summary s t a t e m e n t of t h e meeting of t h e members of t h e F e d e r a l
Reserve Board w i t h r e p r e s e n t a t i v e s of t h e i n d u s t r i a l Advisory
Committees on t h e norning of December 18, 1934.
I t w i l l be
a p p r e c i a t e d i f you w i l l hand t o t h e o t h e r members of your comm i t t e e t h e e x t r a c o p i e s of t h e minutes and s t a t e m e n t which are
enclosed.
You w i l l be advised i n due cqurse of any a c t i o n t a k e n
by t h e Board i n c o n n e c t i o n w i t h t h e r e s o l u t i o n s adopted a t t h e
December 18 meeting of t h e Chairmen,
The F e d e r a l Reserve Board wishes a g a i n to e x p r e s s i t s
a p p r e c i a t i o n of T.he c o o p e r a t i o n of t h e r e p r e s e n t a t i v e s of che
I n d u s t r i a l Advisory Committees i n p a r t i c i p a t i n g i n t h e cons i d e r a t i o n of t h e q u e s t i o n s involved i n the i n d u s t r i a l l o a n
X-9061
—2«~
a c t i v i t y * and a s s u r e s you of i t s d e s i r e t o be of any a s s i s t a n c e
i t can t o t h e committees i n c a r r y i n g on t h e i r work.
Very t r u l y y o u r s ,
-tfatfiAZZv IY) oiAdi{
Chester M o r r i l l ,
Secretary.
Inclosures
TO ALL REPRESENTATIVES OF INDUSTRIAL ADVISORY COMMITTEES WH0
ATTENDED MEETINGS IN WASHINGTON ON DEC.3fffl.iiE 17, and 13, 1934,
AND ALSO TO MR. J . B. H0LTZCLAT7, CHAIRMAN OF RICHMOND COMMITTEE.
@FedFRASER