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FEDERAL RESERVE BOARD
. WASHINGTON

X-4691

ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE IIOARD

October 12, 192£

SUBJECT:

Conference· Topic - Federal Reserve Bank
Representation at :Ba...'lkers 1 Conventions.

Dear Sir:
In a recent discussion of the benefits accruing as a result of representation of the Federal Reserve banks at ba11kers' conventions, question arose as
to the necessity for a given Federal Reserve bank arranging to send more than one officer or employee to
such a o:mvention, at the expense of the bank, and whether or not the practice of two or more officers attending bankers• conventions at the expense of a Federal
Reserve ba1li~ and with the loss to the bank of their services for a period of several days, is entirely justified. With the thought tr~t it might be possible for
the Governors and Chairmen of the Reserve banks to work
out some uniform practice to be followed with respect
to the extent to which Federal Reserve baiL~s should be
represented at b~~ers' conventions, it was suggested
that this matter be 1na~e the subject of discussion by
the forthcoming conferences.
Very truly yours;

Edmund Platt,
Vice-Gover:1or.
TO ALL GOVERNORS .AND FEDERAL
RESERVE AGENTS.