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268
W. P. G. HARDING. GoVERNOR
ALBERT STRAUSS. VICE GoV!:RNOR

CARTER GLASS

ADOLPH C. MILLER
CHARLES S. HAMLIN

SECRETARY OF THE TREASURY
CHAIRMAN

JOHN SKELTON WILLIAMS

FEDERAL RESERVE BOARD

COMPTROLLER OF THE CURRENCY

J. A. BRODERICK, SECRETARY
W. T. CHAPMAN, ASSISTANT SECRETARY
W. M. IMLAY, FISCAL AGENT
ADDRESS REPLY TO

WASHINGTON

FEDERAL RESERVE SOARD

May 7,1919.
Subject:

X-1518

Publicity.

Dear Sir:
The Board is desirous of ascertaining the practice of local newspapers regard~ the use of matter appearing in the Federal Reserve Bulletin.
As y~ know, the present practice of the Board is to issue first a preliminary press bulletin stating what the forthcoming ~ulletin will say on
business conditions, which statement is followed within. a few days by a
statement of the contents of the Bulletin, under the head~ing "Review of the
Month", and then, when the Bulletin itself corres from the printer it is
given to the newspaper men in order that they may piCk out such special
features for publication as they may see fit. It is believed that this method
has resulted in giving to the Bulletin better publicity than prevailed prior
to the adoption of the present syst~• Will ~ou be good enough, thereforet
to send to the Board clippings from the leading newspapers of your District,
containing either editorials or news matte~ based on the contents of the
Federal Reserve Bulle tin•
. In this connection, will you please instruct that greater care be
exercised in the selection of newspaper clippings for transmission to the
Federal Reserve ibard. Xn some instahQes, we receive clippings from Federal
Reserve Banks in the original ertvel~es in which they are transmitted to the
B~nks by the clipping bureaus. lt is not the desire of the B6ard to receive
all clippings merely mentioning the Federal Reserve System. What it does
desire is, as above, all clippings bearing upon the Federal Reserve Bulletin
and all editorial and~~rtinent news bearing on the Federal Reserve System
as such, or, of oourse, particular Federal Reserve Banks .. We ·receive ma:qy
Clippings in connection with the Liberty Loan Campaigns, in which the only
reference made to the Federal Reserve System is that "Banks in the - - - District have subscribed,"etc. ·
Very truly yours,

Secretary.




269
W. P. G. HARDING, GovERNOR
ALBERT STRAUSS. VICE GOVERNOR

EX-OFFICIO MEMBERS

ADOLPH C. MILLER
CHARLES S. HAMLIN

CARTER GLASS
SECRETARY OF THE TREASURY
CHAIRMAN

JOHN SKELTON WILLIAMS
COMPTROLLER OF THE CURRENCY

J. A. BRODERICK, SECRETARY

FEDERAL RESERVE BOARD

W. T. CHAPMAN, ASSISTANT S'ECRETARY
W. M. IMLAY, FISCAL AGENT
ADDRESS REPL V TO

WASHINGTON

FEDERAL RESERVE BOARD

IVay

7 t 1919.
X-15J.9a

Subject:Campaign for New Par Points.

Dear Sir:
There is enclosed herewith
prepa.reu fru:n replies received from

~

:::~.ll

copy of report
Federal Reserve

Banks in response to our telegram of April }Oth,

~sking

for information regarding the progress of the campaign
being conducted for the establishment of new par points.
Very truly yours,

Secretary.

Enclosure.