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X-6562 F E D E R A L R E S E R V E B O A R D S T A T Z S U T F O R THE P R E S S For immediate release. A p r i l 7, 1930. S t a t e m e n t of R. A. Young, Governor of the F e d e r a l Reserve Board. Governor H a r d i n g was h e a d of the F e d e r a l R e s e r v e System d u r i n g the d i f f i c u l t f o r m a t i v e and war p e r i o d s , and h i s h a r d work, constructive thought and perseverance contributed g r e a t l y to i t s p r e s e n t s u c c e s s f u l operation. S i n c e I h a v e b e e n a member of the F e d e r a l R e s e r v e B o a r d I h a v e f r e q u e n t l y s o u g h t the b e n e f i t of h i s e x p e r i e n c e a n d c o u n s e l , m u c h t o my a d v a n t a g e a n d p r b f i t . Governor Harding was a conscientious p u b l i c servant in every way a n d t h o s e of u s t h a t were c l o s e l y a s s o c i a t e d w i t h him h a d the greatest respect for h i s a b i l i t y and courage. Ue a r e a l l g r i e v e d b e c a u s e of h i s d e a t h * a n d f e e l t h a t t h e System h a s l o s t a v a l u a b l e member.
@FedFRASER