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183

BOARD OF GOVERNORS
OF" THE

FEDERAL RESERVE SYSTEM

R-824

WASHINGTON

ADDRESS OF"F"ICIAL. CORRESPONDENCE
TO THE BOARD

April 24, 1941

Dear Sir:
Under date of April 18 the Board sent you,
with its letter, S-259, a copy of a letter received
from Mr. Wm. S. Knudsen, Director General of the
Office of Production Management, ~1th respect to reimbursing the Federal Reserve Banks for expenses incurred in the offices of District Coordinators.
It will be appreciated if you will forward
to the Board the necessary changes in your Personnel
Classification Plan to provide for employees in the
office of District Coordinator and in the office of
the Federal Reserve Defense Contract Officer at your
Bank and at your branches, if any. You were advised
in our letter of April 18 that expenses of the District
Coordinators and the Defense Contract Officers should
be reported in separate units in the Functional Expense Reports. The necessary revisions in the Functional Expense form are being made and copies of the
:revised pages will be forwarded shortily.
Very truly yours,

~hl~
Chester Morrill,
Secretary.

TO THE PRESIDENTS OF ALL FEDERAL RESERVE B..A1JKS