Full text of Mimeograph Letters and Statements of the Board : Telegram From Governor Harding Calling Attention to the Fact That Notes Secured by War Finance Corporation Bonds Are Not Exempt From the Revenue Stamp Tax, Number X-1457, Volume 10, Page 177

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FEDERAL

RESERVE

BOARD

WASHINGTON"
CONFIRMATION TELEGRAM
April 3.1919

X--1457

Subject: Notes Secured by War Finance Corporation
Bonds not Exempt from Revenue Stamp Tax.

Morss, Boston,
'Strong, New York
I'assmore, P h i l a d e l p h i a
Fancher, Cleveland
Seay, Richmond
Wellborn, A t l a n t a

Biggs, St. Louis
Wold, Minneapolis
M i l l e r , Kansas City
Van Zandt s Dallas
Lynch, SariFrancisco

Board c a l l s a t t e n t i o n to f a c t t h a t notes, whether
customers' or member bank n o t e s , secured by War Finance Corporation
bonds, are n o t exempt from revenue stamp tax*




HARDING.