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1 W P 0 HARDING GOVERNOR PAUL M WARBURG VICK GOVERNOR FREDERIC A DELANO < ~ ADOLPH C HILLER t CHARLESS HAMLIN EX OFFICIO MEMBERS WILLIAM 0 MCADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMFTBOLLBB OF THB COBRIMCT FEDERAL RESERVE* B O A R D WASHINGTON » H PARKER w il ^ 7 S ecretary SHERMAN P ALLEN ARST SECRETARY AND FISCAL AOENT ADDRESS REPLY TO My dear Sir* > Some months ago petitions were filed with the Federal Reserve Board by twenty-seven banks m Louisiana for the purpose of secur ing the transfer of the territory in which these banks were situated from the Eleventh (Dallas) District to the Sixth (Atlanta) Dis trict. It was the understanding that these banks desired to be attached to the branch at New Orleans which had not then been or ganized but which was m contemplation. Recently request has been made of this Board to consider and dispose of these petitions. A The Board request* you kindly to indicate upon the inclosed blank whether it would be the preference of your bank to be trans ferred to the District of the New Orleans branch or whether you prefer to remain attached to the Dallas District, Prompt return of the blank would be appreciated by the Board. ^ * n Past experience has shown m canvasses made by several Fed eral Reserve Banks, that some member banks nave hesitated to give any but equivocal expressions of their views so that not unfrequently they have be3n clamed by both sides. In order to secure ab solutely authentic expressions, the Board has decided upon canvassing the District direct and assures you that your vote in the matter will be treated with strict confidence. If you desire to give the Board the benefit of the expression of your views in connection with the suggested transfer, the Board will be glad to receive it Respectfully, Secretary. J
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