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X-9484

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
For information,
not quotation.
February
For release morning newspapers
of Sunday, February 9, 1936.

a,

1936.

At the request of the Board of Governors of the Federal Reserve System,
Dr. Adolph C. Miller has consented to continue, in an advisory capacity, the
supervision he has exercised over the plans for and construction of the
Board's new building since its inception.

Mr. Charles S. Hamlin, who was the first governor of the Board and
whose service, like Dr. Miller's, has extended over the entire period of
the Board's existence since the creation of the Fcderal"Reserve System in
1914, has also consented to remain as a special counsel to the Board,
acting in an advisory capacity so that the new Board will have the benefit
of his long experience.
Mr. J. J. Thomas has been appointed a Class C director of the Federal
Reserve Bank of Kansas City and designated as Chairman and Federal Reserve
Agent to fill the vacancy existing since the death of Mr. M. L. McClure.
Judge Thomas' appointment as a Class C director is for tho unexpired term
ending December 51, 1958, and his designation as Chairman and Federal Reserve Agent is for the remainder of the current year.

Mr. George R. James, who had requested to be relieved as a member of
the Board when his term expired in 1931 and who accepted reappointment at
that time in order to carry on through the emergency period, has announced
that he will resume his business connections in Memphis.