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FEDERAL

RESERVE

BOARD

WASHINGTON

February 27, 1919.
X-1395
CONFIRMATION OF TELEGRAM TO ALL FEDERAL RESERVE AC-ENTS.
SUBJECT:State 'bank a p p l i c a t i o n s f o r membership.
Board urges thai, during tho coming month you make
a s p e c i a l e f f o r t t o i n c r e a s e S t a t e bank membership.
The e x c e l l e n t r e s u l t s accomplished in your d i s t r i c t in the
p a s t a r e a p p r e c i a t e d and i t i s hoped t h a t the good work w i l l
be continued u n t i l every e l i g i b l e s o l v e n t S t a t e bank has become
a member of t h e System.




'Please ackowledge.
HARDING-.