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X-7764 STATEMIM FOR THE PRESS For immediate release. January 22, 1934. Mr. E. R. Black, Governor of the Federal Reserve Board, today issued the following statement: A conference of the Governors of the Reserve Banks was held on Saturday. At this conference Secretary Morgenthau presented the immediate program of the Government *s financing. The Governors gave full considera- tion to this program, and assurance of full cooperation in the success of the program was given by the Governors,
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