Full text of Mimeograph Letters and Statements of the Board : List of Subjects for Consideration of Federal Reserve Bank Officers and Directors, Number X-9113, Volume 42, Page 123

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The following is a list of subjects which are to be
brought to the attention of the Governors with the suggestion that
upon their return to their banks they discuss these subjects with
their directors and the other officers of their banks and within
thirty days advise the Board as to their views, treating each sub­
ject separately:
1* General credit situation
(a) Are commercial banks doing everything in their
power to improve the situation?
(b) If not, what steps can be taken by the Federal
reserve banks or otherwise to bring about an
improvement?
2. Direct loans to industry
(a) Should Federal reserve banks continue this
activity?
(b) If not, should it be transferred to RFC?
3. Interest rates
(a) On time and savings deposits of member banks*
(b) On commercial and industrial loans.
4. Matters affecting admission of nonmember banks to Federal
reserve system
(a) Earnings of nonmember banks from exchange
collection charges*
(b) Fresent conditions of membership.
(c) Advisability of extension of membership to
banks outside the States and the District
of Columbia.
5. Need for continuance of assistance of Reconstruction
Finance Corporation in connection with rehabilitation
of capital structures of banks.




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X-9113

6# Adequacy of reimbursement of Federal reserve banks by Treasury
and other governmental agencies for various services rendered
and for space used in Federal reserve bank buildings#
7# Regulation fixing margin requirements for loans by banks upon
equity securities for the purpose of purchasing or carrying
securities registered on national securities exchanges#
(a) Circumstances under which regulation should
be issued.
(b) "Whether regulation should permit borrower to
obtain from bank more than he could obtain
from broker under Regulation T.
8. Economic and statistical divisions of Federal reserve banks.
(a) Usefulness to directors and officers.
(b) Value of Federal reserve bank monthly reviews#
9. Advisability of declaring a policy on the part of the Federal
reserve banks that officers and employees should not acquire
ownership of stock of banicing institutions#