Full text of Mimeograph Letters and Statements of the Board : Telegram From Asst. Secretary Bethea re Boy Scouts of America and Y.M.C.A. Are Exempted Under Section 8(1) of Regulation W, Number S-525, Volume 57, Page 7

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f

S--525

TELEGRAM
July 3, 19/+2

(Addressed to the PresiJents of all Federal Heserve
Banks)
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Boy Scouts of America and Y.i'LC.A. are exempted under section 8(1) of Regule.tion W•

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(Si£ned)

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L. P. Bethea