The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Reproduced from the Unclassified I Declassified Holdings of the National Archives
STATEMENT
By Hr. Ball of National Banks in Texas.
YearNo. of Banks
1891
1301
1905
1911
306
384
440
513
CapitalSurplus
83,483,300.
32,316,000
33,395,000
45,036,000
Deposits
H , 376,000. 136,078,000.
6,406,000 74,805,000
10,461,000 101,285,000
33,803,000 156,083,000
STATE BANK & TRUST COMPANIES, 1913:
84-9
.D 7U 5 H 3
V'l
MAR
1 4 1S28
HG-+
33,576 ,500.
6,415,330.35
84,603,197.04
Reproduced from the Unclassified I Declassified Holdings of the National Archives
•To*
Pata
M
Vnc-lvJ m l
!) ' T>08lt8
£203*066,00 \
519 H ut'l
7 6 ,15 7 ? ,O O O .
852 3tat®
38.992.000.
95*100.000,
vllB,36B,000.
$296,166,000.
n ot.E l,1313
•
p l t a l
SumlnB
Barifai
#
TO'-AL
l?oT*l?t1903
IBCBEASE
A
f 35l
377 ?tat*X
974
t
37.300.000.
570,065,000.
TJhoro was no law in
authorising St&to
Had only National Bnrika prtor thoroto.
8 8 ,0 0
\ 0 0 0 i,
$20 8 ,1 6 6 ,0 0 0.
tm til 1905;
Reproduced from the Unclassified I Declassified Holdings of the National Archives
January 29th, 1914.
Itr.L.T.Ayre a,
Cashier, F irst Natfl Bank,
Aransas Pass, Texas*
Ky dear Mr.Ayres:
Ton ere doubtless fa m iliar
with the work of the Organisation Committee
in conducting public hearings at various
points, fo r the purpose of det©mining the
boundary lin e s o f the regional d is tric ts
and the location fo r the headquarters o f
the Federal Beserve Bank in each.
Gji February 9th and 10th
suoh a hearing w ill be held in Austin and
the* testimony of the bankers in this section
generally, whether written or oral, would be
very help fu l to Secretaries MoAdoo and Houston
in arriv in g at a conclusion.
As a member o f the lo c al
oommittee, I hope that you ©re planning to
attend the hearing at Austin, and that in
the meantime you w ill write me, giving an
express ion of your views concerning-the lo
cation of the proposed Federal Reserve Bank
in this te rrito ry .
With very best personal re
gards, I am,
vours very tru ly ,
Chairman.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
G E O .W. L I T T L E FI E L D , P r e s i d e n t .
R .C .R O B E R D E A U , V ic e -P r e s id e n
L . J - S C H N E l DER, C a s h i e r .
H .A .W R O E ,
T. H. D A V I S , V ic e -P r e s id e n t .
H . P F A E F F U N , As^T. Ca s h ie r .
V i c e - Pr e s ; dent .
UNITED
STATES
D EPOSITORY.
THE AMERICAN NATIONAL BANK
CAPITAL
*
3 0 0 ,0 0 0 .0 0
SURPLUS
A u s t in ,T e x a s ,
4800,000,00.
Jan, 23rd, 1914*
Mr. Lynn P. Talley, Cashier,
Lumbermans national Bank,
Houston, Texas.
Bear Lynn:—
Answering your favor of the 21st,
regarding the matter of procuring the endorsement
Of our Clearing House for Houston as a location
fo r a regional reserve hank, “beg to say that I
fe e l that a l l of our hanks here w i l l support you
in this proposition.
We fe e l
trade te rrito ry , and
to support you aside
Houston may have
that we are in Houston’ s
that i t is to our own interest
from the meritorious claims
it s own.
I would suggest that you drop a line
to each of the banks here in lin e with your le t t e r
to me, and fe e l safe in saying that our hankers
w ill be glad to
give Houston’ s representatives
a hearing at any date convenient to them, so i f
you deeide to do this, and w i l l communicate with
us, we w ill be pleased to see you at any time
your committee decides to come.
Tours
^
Vice-President.
/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
F ile
21
r/ 24<
i o n x a a sx A
1S14*
K
Xorrx coisiBTff© * crfcCTgea t o cosra*
Ifer^rn:
*o a « e Xo/r sr* arsA n » «
Xorr q * * ? q e ? o go {Trp »* sruqr * ? T T c o a s n r r u jc * ^
A m e r ic a N a tio n a l Bank
G ^ i ^ o j C U f fo j j p W
so U
p© £ j » g ?cr # '3 t a g g o rra ^ o u , a xafc x.e aeu f sr j>j a $ o
V^ej
T*J a » k ? u 3
orrx p m r jc e M
t c b s f d p Q ^ £ p « p&irxB p e x a j u T T « o
ja n e x
Dear M a j o r : -
-
•*T
‘ art^ea*
{ &
X .'■
X o if gx.o& »
* (
T T »«,
&JV&MP
th «
At the 3£-i;.a t U a. I wrote you I addressed le tte rs to other
Austin banker's e.r4 suggested to. sosie
qI.
ou|VclgH^ors that th»y do
Pf r -p lic s
that
•
the &v ot i» tankers'era unanimous i0 their £ W e 5 & •pVcfVrence for
Houston, ll's£ iregioiial bank should be located in this State,
f
;
TTO TSS £ 05J *
T
J -> T 3 *
I should be very glad to advise with you further in the
ua&r future, snd in the remti?re, I hope that you *111 give the
» 'M l, *
r > ? .iir
* •
r
;; c , ‘
*
•
sat fair much thought and originate some new ideas for ua.
Yours very tru ly ,
t
C a s h i e r
V H i
srA
•i
'
. ’
„ . i [/ ‘j £ X
Y
# '
i s r n •
S fe x .< j *
j d X f *
V
;■
iHE VWEBiCVM MVllOMVr BVHK
iE O
» iV lE . 8
O C b O S ti
■
Reproduced from the Unclassified / Declassified Holdings of the National Archives
UNITED
R . C . R Q B E R D E A U , V ic e - P r e s i d e n t .
L . J . S C H N E I DER, C a s h i e r .
T .H . D A V I S , V ic e - p r e s id e n t .
H .P F A E F F L IN , A s S t. Ca s h i e r .
STATES
D EPOSITORY.
AMERICAN NATIONAL BANK
PITAL
$
3 0 0 ,0 00.00
SURPLUS
$ 6 0 0 ,0 0 0 .0 0 .
A u s t i n ,T e x a s ,
2 3 * 1914.
Mr. J. S. McAsh&n, Vice President,
South Texas Commercial National Bank,
Houston,Texas.
Dear S i r : Yours at hand.
I note a l l you say in regard to the
banks of Austin using their influence fo r Houston fo r the loc&~
tion of reserve bank.
Every bank of our City
and w ill work and vote fo r her
in Texas.
Texas should
prefers Houston
in preference to any other City
have one of those banks and Houston is
our choice.
Yours tru ly ,
*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
E -P .W i u m O t .P r e s io c m t
H . F O U T S . V lc e P R C S T
V
/
M O R R IS H I R S H F E L D . C a s h i e r
C M .B A R T H O L O M E W , A s s t , c a s m ie s
T IIE ^ A U S T IX
N A T IO
X A L
B
A
X
K
CAPITAL .S
8 3 0 0 , 0 0 0 .0 0
SURPLUS -\X1) PROFITS 5450,000.00
ATTSTIlSr, T E X A S
/
January 2$rd, 1$140
Mr. J. E. McAshan, Vice President,
South Texas Gommeroial National Bank,
Houston, Texas.
My d e a r Mr. MoAshall J
Your letter of the 22nd asking us to do what we can in behalf of
locating a Regional Bank at Houston, received.
In reply, I beg to say to you that i f there is going to be a
Regional Bank in Texas, we would naturally favor Houston. It is nearer
than Dallas and more lo gic a lly situated from a business stand-pcinl as far
as we are concerned. I f there is any ohance of a Regional Bank being
located in Texas, T think we should a l l work together and have it looated
at the most logical place without too much fric tio n between the o itie s.
In ether words, whichever city, Houston or Balias, is better situated fo r
the Regional Bank, I think a l l Texans should "p u ll together" and havo that
particular oity.
T presume that you and your friends w ill be here on the
9^^ an(i
10th and, i f there are any favors I can show you, it w ill be my pleasure to
do so*
Yours very t r
P. S*
I w ill bring this matter before the Clearing House to-morrow,
i f possible to get a meeting.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
w
A T .T , L E T T E R S
a d
c A u s tin T e x a s
Mr. J* E* McAshan* Vice President,
d
r e s s e d
t o
H E L A .T IV B
t h
e
b
a
n
T O
k
B U S IN E S S
, n o t
t o
t h
e
M U S T
o
B E
f f i c e r
s
Jan* 23rd, 1914
c/o South Texas Commercial National Bank,
Houston, Tex.,
Dear Mr. McAshan:This mornings mail brings me letters from your
self and Mr. Talley touching the designation of Houston for the
location of one of the Retinal Reserve Banks under the new Federal
law.
I believe that all of the Austin banks are friendly
to Houston and would be glad to see the Retinal Bank for this dis
trict located there.
Austin will not be an applicant for the
place, and it is possible that fact had something to do with the
change of place of hearing of the Locating Committee from Houston
to Austin.
We will be glad to have all of our friends from
Houston come to Austin and attend the hearing before the committee,
and if you desire to have a meeting with the Austin Clearing House
before the hearing, and will indicate the time that will suit your
pleasure in this matter, we will be glad to call a special meeting
for your benefit.
In preparing data to submit to the Locating Committee, permit me to suggest that you work out and agree among
yourselves at Houston what territory you desire included in our
district, the number of banks that would be eligible to membership
in that territory, the capital and surplus of those banks, as well
Reproduced from the Unclassified I Declassified Holdings of the National Archives
A L L LBTTEBS R E L A T IV E TO B U S IN E S S MUST BE
ADDRESSED TO T H E BA N K , NOT TO T H ^ OFFICER S
CApiTAL
WM .R.HAMBY, P r e s i d e n t
F . C.S M IT H , V ic e P r e s i d e n t
CH ESTER THRASHER VICE-PRESIDEW
R. E CHAMBERS,
CASHIER
cA u s t i n ,T e x a s
Mr* J. E. McAshan, Tice President.
as other information touching our cotton, grain, livestock and
other agricultural and manufacturing industries.
Sincerely yours,
President
..
.
.............- - - .............................i ............
■ .............-.... .................... ............................ ‘.........
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Mr. Lynn P. Talley, Cashier,
Lumbermans National Bank,
Houston, Tex.,
Dear Mr* Talley:This morning*s mail brings me letters
from yourself and Mr* McAshan touching the designation of
Houston for the location of one of the Reginal Reserve Banks
under the new Federal Reserve law,
I believe that all of the Austin banks
are friendly to Houston and would be glad to see the Retinal
Eank for this district located there*
Austin will not be an
applicant for the place, and it is possible that fact had
something to do with the change of place of hearing of the
Locating Conmittee from Houston to Austin.
We will be glad to have all of our
friends from Houston come to Austin and attend the hearing
before the committee, and if you desire to have a meeting
with the Austin Clearing House before the hearing, and will
indicate the time that will suit your pleasure in this matter,
we will be glad to call a special meeting for your benefit#
In preparing data to submit to the
Locating Committee, permit me to suggest that you work out and
agree among
yourselves at Houston what territory you desire
included in our district, the number of banks that would be
eligible to membership in that territory, the capital and sur
plus of those banks, as well as other information touching our
wmam
Reproduced from the Unclassified I Declassified Holdings of the National Archives
a
C/vPlTAL # 100.000
l
l
a d
d
r
l e
t t
e
s s e
e
r
d
s
t o
r
e
t
h
l
a
e
t
i v
b
a
e
n
t o
k
, n o
b
u
t
s
i n
t o
e
t
s
h
s
e
m
o
u
s
t
f f i c
e
b
e
r
s
o
WM R .H A M B Y , P r e s i d e n t
F . G .S M / T H , Vi c e P r e s i d e n t
CH ESTER TH R A SH ER
V IC E -P R E S ID EE f & )
R.
E
CH AM BER S.
C a s h ie r
cA u s t i n
,T e x a s
Mr. Lynn P. T a l l e y , C a s h i e r .
cotton, g r a in ,
#2
l i v e s t o c k and o th er a g r i c u l t u r a l and m anufacturing
in d u strie s.
S in c e re ly you rs,
P resid en t.
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
G. M. V A U G H N , Vi c e -P r e s id e n t
IX 6 I & 9 B C H E , V i u l PlBiWULllT
C . S . M IL L E R , P r e s i d e n t
C. O. H A R R IS
E. D. W A L K E R , C a s h i e r
I4
B a llin g e r S ta te B a n K & T ru s t Go.
Ballinger,Texas,
Jan*y
3ist.
14
2.:r. Oscar Wells
Chairman Local Committee.
Houston,Texas*
IJy Dear Ilr.v/ells:
In reply to your letter asking for an expression from me,in
location of Federal Reserve Bank in this Territory,be 3 to advises
It is
some city in
re
opinion that we- should f i r s t unite in securing such Heserve Bank in
Texas,and have no dissention on that point*
After%having ;>uch concession from the Organization Committee, then I think
as between the citjres of Texas, the contest should be narro?/ed down between Houston
and Dallas, as it is my .firm b e lie f that i f any Reserve
Bank is put in
Texas at all,th a t it w ill be either in Houston or Dallas, on account of the great
Commercial Banking business done in both of these cities,the record whereof as
compared with other cities in Texas, speaks for i t s e l f as to either city. Both
cities now have some of the strongest banking institutions in the State.
I-fow, as between these two c itie s , on account of the main aggricultural pro
duct of the state cotton, goiaqgx&kxx the bulk of which passes thru and is handle
thru banks in Houston, and ta n ri w g 3fhBrBnnrrar»a«wi»-xnm
a
. it being also so con
venient to* Sain Port of the State,and being incloser touch with the business
v/hich w ill soon come thru the Panama Canal, ray personal preference is in favor of
Houston, as against Dallas. At the same time there are many good reasons that can
be advanced in favor of D allas,especially i f they should make Arkansas, Oklahoma
and 2Tew Mexico a part Of this Territory,then of course Dallas would be more central
in the Beserve District and in the heart of the densest part of the population.
It w i ll not be convenient for me to go to Austin,when the Committee meet there,
on account of the change that w i ll take place in our cashier he re, I deem it best
for me to remain here in close tough with the business.
Very Truly Yours
Reproduced from the Unclassified I Declassified Holdings of the National Archives
January 29thf 1914.
Mr. D. II. Baker,
Vioe P re sid e n t, F i r s t S a t'1 Bank,
B a llin g e r , Texas*
My dear M r.Baker:
You are d ou b tless f a m i li a r
w ith the work o f the O rgan ization Committee
l a conducting p u b lic h earin gs at v a rio u s
o in ta , f o r the purpose o f determ ining the
oundary li n e s o f the re g io n a l d i s t r i c t s
and the lo c a t io n f o r the headquarters o f
the F ed eral Reserve Bank in each.
f
On February 9th and 10th
such a h ea rin g w i l l be held in A ustin and
the testim ony o f the bankers In t h is se c tio n
g e n e r a lly , whether w rit te n o r o r a l, would be
very h e lp fu l to S e c r e ta rie s McAdoo and Houoton
in a r r iv in g at a con clu sion .
As a member o f the l o c a l
qofamittee, T hope that you are p lan ning to
attend the h ea rin g a t Austin* and th at in
the meantime you w i l l w rit e me, g iv in g an
ex p ressio n o f your view s concerning the l o
c a tio n o f the proposed f e d e r a l Reserve Bank
i n t h is t e r r i t o r y *
With very beat p erso n a l r e
g a rd s ,
I am,
Yours very t r u ly ,
Chairman.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
M r.Oscar W e lls , Chairman,
Houston, Tex.
Dear Hr .W e lls :
Replying to your l e t t e r ofth e 29th in s t , beg to
a d v ise that X am h ig h ly in fa v o r o f the F ederal
Reserve Bank $or th is d i s t r i c t bein g located in the
C ity of Houston.
/Vy
I f I can be o f se rv ic e
a lo n g the l i n ^ ^ 4 i o p e that
you w i l l not h e s it a t e to coimaand w & j r w y
//
yJrours t r u ly .
Cash.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
dP.
6
U N IT E D
OF
C A P IT A L S T O C K
S&. y/'etivei', Sdjj£S.-ad/t.i.e.1*
S T A fE S D E PO SITAR Y
B EA U M O N T
SURPLUS EARNED $.200,000 ^i3
$ 1 0 0 ,0 0 0 ° °
February 2nd, 191^«
Mr. Osoar Wells, Esq.,
c/o The First National Bank,
Houston, Texas.
Dear Mr. fells:Your favor of January 29th reoeived,
in regard to v isit o f the Organization Committee
of Regional banks in Austin February 9th and 10th.
It will hardly be possible for the writer
to be present on thi3 oocasion.
You know, of
course, our fir s t preference for Eeional Bank will
be Houston.
It w ill be more convenient to us
than any other City in the State, and we have closer
friends in Houston than any other City in Texas.
Eliminating Texas,
i f she f a ils to get
one, then our second preference w i ll be New Orleans.
Yours very truly,
/
/
President
Reproduced from the Unclassified / Declassified Holdings of the National Archives
3r0l7.
O F B E AU M ON T.
EN CLO SU RES
D IC T A T E D B Y
Wb 3rd, 1914
Mr. 0sear Vfellft, Chairman,
Houston, T e x a s
Bear Hr. HfcUst
Replying to your letter of January 29th, I "beg to
advise that it will not be possible for me to attend the meet
ing at Austin, but our MT. W. 3. Davidson has kindly consented
to attend th# meeting.
After thinking over our interview with
the gentlemen from St. Louis, I have become convinced that we
could be best served by a reserve bank at St. Louis with the dis
trict composed of the territory suggested by them.
I think Mr.
Davidson is of the same opinion.
With best wishes, I am,
Yours very t:
Vice-President
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J . BLE WE TT S M Y T H , p r e s i d e n t .
PRESIDENT.
J . C.WILSON , VICE
J . L . C U N N I N G H A M , A C T IV E V IC E P R E S I D E N T .
R.A .G R E E R ,
”
”
E .p . B E N N E T T , C A S H I E R .
H .W .G A R D N E R , a s s is t a n
C A P I T A L $ 2 5 0 , 0 0 0 .0 0
SURPLUS $ 6 0 .0 0 0 .0 0
GUARANTY FUND
BANK
Feb. 3rd, 1914.
Mr. Oscar Wells,
fc
First National Bank,
Houston, Texas.
Dear Mr. Wells;Your letter of the 29th ultimo, re
garding the hearing to be held in Austin,
February 9th, is received.
It is my purpose to attend the meet
ing, which I regard as being important for all
banks in this section, whether National or
otherwise.
If it is Houston's ambition to
have one of the regional banks, I would heartily
endorse such a movement and lend my efforts
in this direction.
If Houston can not get it,
and Dallas can, I would favor Dallas.
I believe Texas is big enough and
of sufficient commercial importance for us to,
at least, make an honest effort in trying to
locate one of the regional banks withinh#r *
borders.
If this can not be done, I am open
to suggestions as to what district in which our interest
can best be subserved.
I hope to see you in Austin, and
with assurances of high regard, I am,
Yery truly yours,
t
c a s h ie r
.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J .B L E W E T T S M Y T H , p r e s id e n t .
i l s o n , vice presioent.
(j. c. W
J .L .C U N N I N GHAM ,
r.a .g reer,
a c t iv e v i c e
C A P ITA L
Feb.
»
p r e s id e n t
E .P. B E N N E T T , c a s h i e r .
h . w . g a r d n e r , assistant
.
»
$ 2 5 0 ,0 0 0 .0 0
17th, 1914.
S e c r e t a r y R eserve Bank O r g a n iz a t io n Committee,
W ashington, D. C.
Dee*r S i r : I e n c lo se h e re w ith copy o f r e s o l u t i o n
passed by the F i r s t D i s t r i c t Texas Bankers
A s s o c i a t i o n in Convention assembled a t Houston,
T exas, on F e bru a ry 13th, 1914.
Yours v § r y t r u l y ,
^
19
secretary.
cashier.
■
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Whereas, there exists among the financial industrial
and commercial interests of Texas such an universal sentiment
favorable to the establishment of a Federal Reserve Bank in the
State to serve a district of which it shall be a part, and
whereas the showing made at the hearing before the Organization
Committee at Austin on the 9th inst., by the various Texas Com
mittees appearing there, was of such a creditable nature, per
taining both as to the resources of the State, and the volume
of banking capital which it would contribute toward the new
system under the Federal Reserve Act,
Therefore, be it Resolved that it is the sense of
this Convention that the efforts to obtain the location of a
headquarters bank in Texas be and is hereby endorsed and that
the said! Organization Committee be requested to give every
consideration to the claims of our State for such designation.
Further that the preference of those here assembled
is for Houston as the logical place in Texas at which such
bank should be located.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J O H N W. FLOURNOY,
J *r e .tia e n l.
CY R U S B. LUCAS,
V ic e P r e s t ,
J. M I L L E R ,
C a s h ie r ,
R . E. Ml L L E R, A s s t P a s h i e r .
N? 4-866.
Jan. 30th 1914.
Mr* Oscar Wells,
Houston, Texas.
Dear Mr. Welle*
I have your favor of £9th inst. relative
to the v is it of the Organization Committee to Texas and
assure you that I think Texas should have one of the banks.
I was under the impression that the Committee
would v is it Houston and had planned to v i s it Houston during
their stay# and shall try to make it convenient to appear in
Austin as suggested "by you#
There does not appear to "be any real good
reason why one of the "banks should not "be established in
Texas. The State is the largest producer of cotton in the
Union, produces a large per cent of the grain crops and
more cattle than any of the other States; and during the
crop moving season uses more money than several of the
other agricultural States combined, because the harvest
season extends from July to January.
Naturally I prefer Houston as the location,
but want Texas to have a bank and am w illin g to be democratic
and labide by the decision as to location, but as stated at
the beginning of this paragraph I prefer Houston and believe
that on account of the railroad and other f a c i li t ie s this
territory can best be served out of Houston than any other
City of the State, and besides she has the greatest banking
strength of any City in the State*
With kindest regards, I am,
Yours trul
mmm
Reproduced from the Unclassified I Declassified Holdings of the National Archives
B e l t o n ,Te x a s .
Jan.
31, 191U.
Mr. Oscar ^ e l l s , Chairman,
c/o First Rational Bank,
Houston, Texas.
My dear Mr, fells
We are in receipt of your
courteous favor of the 2Qth and while the
writer does not know that he will be able
to attend the meeting of the Federal
Reserve Organization Committee at Austin
February 9th and 10th, yet we are disposed
to think there should be no question nor
argument about the great state of Texas
being entitled to a Federal Reserve wank
located within its domain, and feel sure
that the Organization Committee, if.
possessed
of the facts, will readily
accord us one.
In sending in our application
for membership, we took the liberty to
state at that time that we thought Texas
was entitled to a Reserve Bankj
success
Wishing your Committee much
in their endeavor, we remain,
Tours truly,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
7509
J .Z . M I L L E R ,P r e s i d e n t
A , D. P O T T S , V i c e P r e s i d e n t
J . Z . M I L L E R , J r .Vi c e P r e s i d
W .W .J A M E S ,C
KYLE
e n t
a s h i e r
S .H A M B L E N ,A s s t . C a s h
G H E N T C A R P E N T E R , A s s t .C a s h
B e l t o n ,Te x a s .
Pet. 3, lS lU .
Mr. Oscar Wells, Chairman,
Houston,
Texas.
My dear Mr. Wells:We beg to acknowledge your
inquiry of the 2nd, and in reply thereto
will state that we are of the opinion
that the banking interests of central
Texas would be best served by having
one of the Regional Banks located in
Houston.
This is not suggested by any
personal prejudice or favoritism, but
because of the fact that most of the
cotton from this section goes Gulfward.
Tours truly,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Hr. Oscar W e lls , Chairman,
c/o.
F i r s t N a t i o n a l Bank,
Houston, T e xas.
Dear W e lls
I am in re c e ip t o f your fa v o r of the 29th. in s t .
r e l a t i v e to the h earin g to be h eld in A u stin by the O rgan ization
Committee o f the F ed eral Reserve Banks.
I hadnt thought o f a t t e n d i n g t h i s h e a r i n g , but i f t h e r e i s any
way th a t I can he o f s e r v i c e to you I w i l l g l a d l y go.
Our f i r s t c h o ic e f o r l o c a t i o n o f a bank i s Houston, second
D a l l a s , and i f we a~e not to have a bank in T exas, would v e r y
nuch p r e f e r to j o i n one to be lo c a t e d in St L o u i s .
I dont know t h a t I have any v e r y cogent rea so n s f o r f a v o r i n g the
l o c a t i o n s as above a p a r t from a p e r s o n a l p r e f e r e n c e , but ao s t a t
ed above , i f you can th in k o f any way t h a t I can be o f s e r v i c e to
you in A u s t in I w i l 1 be g l a d to g o . I t would be Agoing back home'5'
to me, and I would be g l a d o f any excuse to go.
W ishing you su c ce ss in the u n d e r t a k i n g ^ I an
// ✓
MSBta
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Jttr. Ob c a r W e l l s ,
Honft on,
Chairman,
T e x a s .
De &r S i r ; I re c e iv e d yours o f the
and t m e t
that Bone
a t Austin
on the
of us w i l l
9th. and 10th.
tw e n t y -n in th
be a b le
to be with you
o f Febru ary f o r the
purpose communicated in your l e t t e r #
Ve r ; ’ t r n l y y o n r e ,
h c s /tbb.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
E D . H A L L ,P r e s id e n t .
W .H .C O L E , C a s h i e r .
R .H .S E A L E ,V i c e P r e s .
W I L S O N B R A D L E Y , A s ^ t Ca s h i e r .
R e s t S t a t e B a n k & l k i 's t € o
c a p it a l
i f e s o r o e e -e e - - g u r p l u s a i s . o o e
CAPITAL
$100,000.00
1i l l l A S .TK X A Jlt,
Pelay. 3 rd . 1914,
Oscar J e l l s , Esq.* V i c e - P r e s i d e n t .
F i r s t N a t i o n a l Bank,
Houston,
T exas,
ky dear I.Ir. ,/ e lls * ~
I have yours o f 29th* n l t o . in which you ask me i f
I in te n d to a t t e n d the h e a r i n g o f S e c r e t a r i e s IlcAdoo and Houston,
a t A u s t in on F e b y . 9 th. and 10th.
I t has not been my i n t e n t i o n to a t t e n d , but I may be
t h e r e , I would l i k e v e ry much to l e a r n something more about the
workings o f the b i l l , and I can do th at by t a l k i n g to some one
t h a t knows the b i l l b e t t e r than I do, we have not decided yet
whether we w i l l become a member bank or n o t f
I f Texas se c u re s one o f the banks, o f course Houston
would be more convenient f o r Bryan , bu t I am not decid e d whether
i t w i l l be b e t t e r f o r the t e r r i t o r y i t w i l l have to s e r v e .
I f Texas has to use a bank o u ts id e o f Texas, I am in
fa v o r o f S t . L o u i s , I fe s it t rK b e l i e v e the whole country w i l l be
b e t t e r s e r v e d i f the t e r r i t o r y f o r these banks run from the G u l f
to the l a k e s , so th a t a l l the cotton country i s not in c lu d e d in
one t e r r i t o r y ,
if
I th in k a l l Texas ought to con centrate on one c i t y
Texas has any chance o f getylfng a bank,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J.N.B
J.C.R
r a d s h a w
e e s e
, Pr
, V ic e
e s id e n t
.
P r e s id e n t.
H. M . H e f l e y , C a s h i e r .
E. P. L e s t e r , A s s t . C a s
h ie r
.
N 9 4-086
C AP ITA L
St
SURPLUS $ 1 00 ,0 00
January
31,
1914
Mr. Oscar W e lls , Cahirman,
Houston,
Texas.
Bear S ir :
I have your l e t t e r o f the 29th. and hope
to fce in A ustin when the O rg a n iz a tio n Committee meets
th ere on February 9th. and 10th.
I t has seemed to us th at Houston i s a most
l o g i c a l poin t in which to lo c a t e one o f the F ed eral
Reserve Banks.
Being s itu a t e d in the cen ter o f the
South more n e a rly than any o f the c i t i e s along the
coast could more e a s i l y serve a l a r g e r t e r r i t o r y ;
sin ee
p r a c t i c a l ly a l l our money crop passes through Houston,
we have come to lo o k on Houston as the source from
which our money comes, and the f i n a n c i a l center o f : t h is
s e c tio n ; w ith many n a tu ra l advan tages, in c re a sin g very
r a p id ly ,
i t s importance in th is re s p e c t.
We are v ery h op efu l th at Houston w i l l
be given fa v o ra b le c o n sid e ra tio n
in lo c a t in g a hank
in th is d i s t r i c t .
Tours v e ry t r u ly ,
C ash ier.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
I.T.PRYOR,
PRESIDENT
E. A .H U TC H I N S ,
R. LEE HASTEDT,
O W E N G. HOE.GEMEYER,
V I C E P R E S ID E N T
C A S H IE R
A .S S T . C A S H I E R
OF C O L U M B U S .
C A P IT A L
$25,000.00
C o i U M B U S j E X A S , F e b ru a ry 2
Mr* Oscar W e ils *
,
Chairman,
Houston, Texas
Hy dear Mr. Y/ells:
X should l i k e v e ry much to seo
the proposed F e d e r a l Reserve Bank f o r t h i s
t o ry lo c a t e d a t Houston, and i t
te rri
i s your p r i v i l e g e
to use t h i s l e t t e r a t the meeting to be h e ld in
A u s t in F e bru a ry 9th and 10th, as I s h a l l p r o b a b ly
not be a b le
to a t t e n d .
W ish ing you su ccess in c o n vin c in g S e c r e
t a r i e s McAdoo and Houston th at Houston i s
the l o g i c a l
p o in t f o r the R eserve Bank, b e l i e v e me, w it h k in d e st
regards,
lull/ s
Yours v e r ^ i r u l y ,
V ic e P r e s i d e n t
1914
Reproduced from the Unclassified I Declassified Holdings of the National Archives
E D W A R D R .K L E B E R G , I S T v .o e - P r e s 't .
R . G IV E N S , 2 n d v ic e - P r e s t,
VINCENT BLUNTZER,
O F
President
C O R P U S
G E O .R .C LA R K , C a s h ie r .
G E O . J . M E R R IM A N , A s s t . C a sh
C H R IS T I, T E X A S .
C A P I T A L $ 1 0 0 ,0 0 0 . 0 0
F e b ru a ry 4 th ,
Mr. Oscar W e l l s ,
Houston,
1914.
Chairman,
Texas.
My Dear Mr.
w e lls :
Answering your l e t t e r o f January
29th, l a s t ,
which has r e f e r e n c e to the h e a r i n g b e f o r e the
O r g a n iz a t io n Committee h a v in g in charge the l o c a t i o n o f the
F e d e r a l R eserve Bank and the determ in in g o f the boundary l i n e s
o f the r e g i o n a l d i s t r i c t ,
I beg to nay t h a t the p r e fe r e n c e o f t h i s
bank i s t h a t the F e d e r a l R eserve Bank be l o c a t e d i n Houston.
however,
the Bank i s to be l o c a t e d o u ts id e o f t h i s S t a t e ,
t h i s bank would p r e f e r th a t the e n t i r e
re g io n a l reserve
Jiouis#
If,
then
S ta te be in c lu d e d i n the
d i s t r i c t which would in c lu d e the O i t y o f S t.
We a re s t r o n g l y o f the o p in io n t h a t t h i s p o r t i o n o f the
S ta te a t l e a s t ,
has alw ays lo o k e d to S t . L o u i s as the p la c e
where i t borrowed money when needed.
I sh ou ld say th a t the
b u s in e s s done w i t h Hew O rle a n s by the banks o f t h i s
is n e g lig a b le ^
f o r in s t a n c e ,
S tate
t h i s bank does not c a r r y a Hew O rle a n s
account, but does c a r r y an account w ith S t. L o u i s .
It,
th e re fo re ,
a p p e a r s .t o me th a t a t the time o f the y e a r when we need money
to move the c o tto n crop, the e n t i r e
South needs money; w h ile a
l a r g e p o r t i o n o f the d i s t r i c t which would be se rv e d by the bank
i n S t. L o u i s ,
would not need a l a r g e amount o f money d u rin g
those months d u rin g which the cotto n crop i s b e in g moved.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Sheet - E - .
0 .W a lls,
I cannot,
o f c o u rse ,
g iv e you any arguments
which you not a l r e a d y have i n f a v o r o f the l o c a t i o n o f the
F e d e r a l R eserve Bank i n the C i t y o f Houston; ‘but i t
seems
to me t h a t the c o n c e n t r a t io n o f the c o tto n b u s in e s s a t
Houston and Galvestdm , the lumber b u s in e s s a t Houston, as
w e l l as a l a r g e
share o f the o i l b u s in e s s o f the S t a t e ,
should
overcome any o b j e c t i o n to Houston1s g e o g r a p h i c a l l o c a t i o n .
Another f a c t o r i n f a v o r o f Houston i s
s p le n d i d r a i l r o a d
p r o s p e c t iv e
its
connections and i t s p r e s e n t and
tran sp o rtatio n f a c i l i t i e s .
We can,
in fa c t ,
get shipments o f money out o f Houston p r a c t i c a l l y i n the
same time th a t we g e t them out o f San A n to n io .
I f you deem i t a b s o l u t e l y n e c e s s a r y i t may
be p o s s i b l e t h a t some o f f i c e r o f t h i s bank can a tt e n d the
h e a r i n g i n A u s t in ,
but i t
i s v e r y in con ven ien t f o r any o f us
to le a v e here a t the p r e s e n t tim e.
If
I can se rve you f u r t h e r i n t h i s m atter
p l e a s e command me.
Yours t r u l y ,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
M . P . J E N S E N .C a s h i e r .
H .F .M O O R E , Pr esid e nt.
A R C H B A K E R , A c t i v e Vi c e -P res ide nt .
L . B. L e G O R Y , A s s t . Ca s h i e r .
T h e Fir s t K a t io n a l B a n k
OF CROCKETT
C A P IT A L $ 1 0 0 , 0 0 0 ° . ° S U R P L U S $ 1 0 0 , 0 0 0 ° °
C r o c k e t t ,Te x a s ,
January 3^th 1914
Mr. Oscar W e lls ,
Chairman,
Houston, Texas.
My dear Mr. W e lls :
In re p ly to your fa v o r o f the 29 th
in sta n t r e la t i v e
to the hearing to he held in Austin
on Feby. 9 th and 10th beg to say i f you think I can be
o f any a ssista n c e to you or your committee I w i l l try
to meet you there on those d ates.
I t i s my opinion that the f in a n c ia l and commercial
in t e r e s t s o f Texas are o f such importance and magni
tude that the O rgan ization Committee can be convinced
that one o f the F ed eral Reserve Banks should be lo c a t
ed w ith in her b o rd e rs,
is
and I a ls o b e lie v e that Houston
the l o g i c a l p la c e f o r the in s t it u t io n .
I f you think o f any way in which I can be o f a s s i s t
ance l e t me know and I w i l l g la d ly do a l l
Yours very tru ly
I can.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
NO. 8 5 6 2 .
JO S .S H E R ID A N ,
W. H . G R A H A M ,
W M .W A G N E R ,
LO U IS S C H O R R E ,
P R E S ID E N T .
V IC E - P R E S ID E N T .
V IC E - P R E S I D E N T .
C A S H IE R .
C u e r o , T e x a s . January 3 0 th ., 1914.
Mr. Oscar W e lls , V ice P re sid e n t,
F i r s t N a tio n a l Bank,
Houston, Texas©
Dear S i r : R eplyin g to yours o f the 29th* i n s t , , beg to say that i t
w i l l 'be im p o ssible f o r any o f us to attend* the meeting a t A u stin
on February 9th* and 10th*, but we f e e l th at a l l Texas Bankers should
e x e rt every e f f o r t toward o b ta in in g a Rserve Bank f o r t h is State*
I t would not only be an advantage to the Texas Bankers but i t
would be a g re a t advantage to the system to have a Reserve Bank
lo c a t e d in t h is S ta te *
Texas has and w i l l continue to make w onderful developments.
In
f a c t we are judLbeginning to d evelop .
The O rgan izatio n Committee
w i l l no doubt f * v o r New O rleans a t f i r s t , which very l i k e l y would
take in Texas or at le a s t t h is p o rtio n o f Texas©
W hile New O rleans would be a good lo c a t io n , we know th at i f the
m atter i s p ro p e rly put b e fo re the Committee t h e j r w i l l r e a d ily see
th at no p o in t in the south i s b e t t e r lo c a t e d or in b e t t e r p o s itio n
to serve the southern re g io n thalt Houston i s *
Houston i s and w i l l be f a r t h e r ahead o f any p oin t in the south,
or in the e n t ir e S ta te , which can be p la i n ly seen by the p ro g re ss
she has been making in the p ast few years*
Houston i s not only more p ro g re s s iv e but i t ’ s lo c a t io n i s ju s t
r ig h t to serve more bankers in the south than could be served by
any p oin t in the south*
With the w onderful developments th at are tak in g p la c e and w i l l
continue to take p la c e , Houston i s f a r more the most id e a l poin t
th at cou ld be s e le c t e d in Texas or in the south©
I hope th at the Houston Committee w i l l be a b le to get the memebers
o f t h e outfcAde Committees to see the advantages and lan d Houston, even
i f we have to take in L o u isia n a or a p o rtio n thereof©
Of course D a lla s
or some other Texas p oin t would be b e t t e r than none a t a l l f o r Texas
but I cannnot h elp but f e e l th at the other bankers w i l l r e a d ily see
the advantages Houston has*
With very feest wishes and re g a rd s , I beg to remain,
Yours very t r u ly ,
CasExerT
■ -------------
■ - ..................-......... .......................................................................
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
LEE JOSEPH. Prcsidint.
J.J.SUMNERS'
W.K.MEEDEN > VicbPrcsiochts
CG BRCEOEN j
f.W.JACeCUl Cashier
5 ’ l_ ^ C A P IT A L S 100,000
,
SURPLUS & UNDIVIDED PROFITS ^25.000°-O»
C u e r o , Te x a s .
Jany. 31st. 1914.
Mr. Oscar W e lls, Chairman,
Houston, Texas.
Bear Mr. W e l l s ; I t i s my in te n tio n to attend the hearin g
a t Austin when the bankers o f Texas w i l l p resen t to the O rg a n iz a tio n Committee the claim s
Texas f o r the lo c a tio n
o f a R egion al Reserve Bank w ith in our b o rd e rs .
I do not think that to secure th is bank f o r Texas any argument
is necessary but that a bare p re se n ta tio n of the fa c t s w i l l
convince the Committee that we are e n t it le d to i t .
I have looked up the most authentic f ig u r e s a t my command
and they would in d ic a te that Texas alone would be e n t it le d to
such a bank.
A ra ilw a y m ileage g r e a t e r then any State in the Union;
twenty f i v e b i l l i o n f e e t o f standing Pine timber and ten b i l
lio n f e e t of hardwood timber w ith in h er b o rd e rs . The p o rts o f
Houston and Galveston alone exceeding in th e ir exports a l l the
i:>orts of the P a c i f i c slo p e . T h irty m illio n acres of land in
c u lt iv a t io n with products therefrom of $563,000,000.00, the
cotton crop M t h i t s products amounting to #326,237,000.00.
Manufactured products $439,732,000.00. These m atters mentioned
togeth er with our R ice, M in eral P ro d u c tio n ,F ru its & Truck,Hay,
Corn, Wheat, c a t t le , Oats, e tc . are the foundation f o r b u s i
ness th at would in d ic a te that we might have a Bank f o r Texas
alon e.
Through Houston and Galveston pour the t r ib u t e of seventy
f i v e thousand m iles o f R ailro ad with a product whose v a lu e
i s almost in c o n c e iv a b le .
S ix p e r cent o f the c a p it a l and surplus o f i t s banks e l i g i b l e
to membership would form a R egional Reserve Bank with a c a p i
t a l above the amount re q u ire d .
Owing to i t s g e o g ra p h ic a l p o s itio n i t i s through Texas that
must come the developement o f our trade with Mexico and a l l
the R epublics to the south o f us, our n a tu ra l trade t e r r it o r y
i s there and the bu sin ess i s ours i f we go a f t e r i t . Texas
has the two n ea re st deep w ater p o rts to the Panama canal
and th is w i l l of course prove a pow erful stim ulus to the
bu sin ess o f Texas and the grov/th o f i t s re so u rc es. I t i s true
that we can make a w onderful showing now but the next ten years
w i l l show an improvement th at w i l l dwarf into in s ig n ific a n c e
a l l that we have ever done in the p a s t.
T rustin g th at you ' " i l l fin d in the above something that w i l l be
of valu e in our con test f o r the lo c a tio n of a R egional Reserve
Bank, I am with g re a t re sp e c t,
Your fr ie n d
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
^ 3 o t u 7 io h m m s i m
w m m
?ob l o a m a r op a t j b e f s x i
WHEREAS the Congress of the United States has authorised the
establishment of Regional or Federal Reserve Banks,in the various
important cities of the United States,for the purpose of facili
tating industry and commerce,and,
MEREAS the establishment of such a bank,to serve the great
South and Southwest,in financial transactions,both domestic and
foreign,should be located at a point,not only territorially ac
cessible,but where such bank would provide for the broadest needs,
and,
MEHEAS it is generally
acceeded that the vast area,varied
industries,and great re sources, should entitle the ftL0KS STAR STATE”
to a Federal Reserve Bank,and,
WHEREAS the city of Houston,is at present the great export
|market of COTTON, CATTLE, LUMBER,RICE,OIL,WOOL and other products,
for the states of Texas,Oklahoma,Arkansas and Louisana;and it is
|destined to attain still greater commercial importance,after the
|opening
of the Panama Oanal,
NOW THE!®OHS,BE IT RESOLVED,that the BUSINESS MEN'S LEAGUE
;of Devine, Texas,go on record as favoring the establishment of
;such Regional or Federal Reserve Bank in the city of Houston,
;
BE IT FURTHER RESOLVED,that if the Organization Ooramitte do
not deem it expedient to designate the city of Houston,that we
:hereby petition them to designate some other important Texas city,
BE IT FURTHER RESOLVED, that if said Organization Committe can
not see their way clear to locate a Regional or Federal Reserve *
on
j
Bank within the State of Texas,that we goArecord as favoring that r
the State of Texas be attached to the St,Louis Federal Reserve Dis-j
trict.
B& IT FURTHER RESOLVED, that a copy of this resolution be spread
on the minutes of the Business Men’s League of the Town of Devine,
and that copies be sent to the following
gentlemen,viz:' The Sec
retary of State,The Secretary of Agriculture,The Comptroller of th'
Currency,Senators Chas* A. Culberson and Morris Sheppard,and to
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Congressman John N. Garner*
(3IGTJD)
1. M. PATTERSON
JOHN T. BRISGCE
T. R. K11TQN
MA.0K K1MI1VILL1
Committe on Resolutions.
This certifies that the above and foregoing is a true copy of the
resolutions passed by the Devine Business Men’s League,in regular
meeting assembled.
Oor* Sec. Business Hen!s League^Devine.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
NO. 7534
J
he
J!
r s t X \ t io n a l
|^a x k
CAPITAL $75,000.00
SURPLUS $ 15,000.00
J.J. WHATLEY PRESIDENT
FOX STEPHENS,Active Vice P rest .
W.E.LENHART. Cashier
H.A.DOUOLASS.Asst .Cashi er
FRANK STEVENS.Vice Prest .
M.O. FLOWERS VICE Prest .
8.LEYSAHT, Vice P rest .
W-S.STRICKLAND, Attorney
Eagle La k e ,Texas
Reproduced from the Unclassified I Declassified Holdings of the National Archives
A.H .E V A N S ,P r
e s id e n t
.
w
.J . N I G G L I , V ic e - P
r e s t
.
W .A .B O N N ET, C a s
h ie r
.
S t a t r I t M i i A s u T f ir s T C o
OF
E A G LE
L.F. J A G G I , A
s s 't
Ca
s hi e r
m m it
P A S S
Feljy 2 1914
Mr. Oacar W e lls Chairman
Houston, Texas
My dear Mr. W e l l s : I have yours o f January 29th and re g re t that I w i l l
not be a b le -t o attend the
meeting at Austin on 9th and 10th in st.O u r
Mr. N ig g li i s at San An tonio, sic k ,
and 1 am w rit in g him today to go i f
he is a b le to stand the t r i p and I hope he w i l l be a b le ‘to be th ere.
Yours very t r u ly
Reproduced from the Unclassified I Declassified Holdings of the National Archives
H r • 0sc a r '. e l l s , Ohairman ,
H o u sto n ,T e x a s•
Dear Mr.We11s:
I am in r e c e i p t o f yours o f the 50th u l t . , and
r e g r e t t h a t I s h a l l not be a b le to a tte n d the meeting a t A u s t in .
I t seems to me t h a t S t . L o u is would be a good l o c a t i o n f o r one
o f the Reserve Banks,and I shpuld l i k e to see Texas in c lu d e d i n
t h a t d i s t r i c t . e s p e c i a l l y i f i t does not take in Oklahoma.
I b e l i e v e i t w i l l be b e st f o r u s to be i n a d i s t r i c t w ith as
few cotto n s t a t e s as p o s s i b l e , a n d a ls o one embracing t h i c k l y
p o p u la te d s e c t i o n s , s o as to g iv e us a bank o f c o n s i d e r a b le s i z e *
T
*7ith k in d p e r s o n a l r e g a r d s , ! am,
V e ry t r u l y y o u rs,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
8 1 5 6
THE ELGIN NATIONAL BANK
CAPITAL 6c SURPLUS $ 120,000.®?
E L G IN,TEX AS
2/3/14,
Oscar Wells, Chairma^y*
>v.
v
Houston, Texas.
Dear Mr. Wells:
Replying to your letter of the
150th ult. it is my intention to be in Austin on
February 9th and 10th to attend the hearing
granted the bankers in this section by Secretaries
McAdoo and Houston.
I would be very glad Indeed to have
a Federal Reserve Bank located in Houston.
Hoping
that I may have the pleasure of meeting you in Austin,
I am, with best wishes,
Tours truly,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
U.
s. STE W A R T, P r e s id e n t .
A U G . G. A N D R E A S , V i c e P r e s i d e n t .
J. F. W I L L I A M S , V i c e P r e s i d e n t .
H .M . AN DRE A S ,C a s h ie r.
Feb. 2nd,5-914
Mr. Oscar Wellsj
c/o I6t National Bank
Houston, Texas.
Dear sirt<
Referring to yours of the 30th ult
relative to a meeting of the Organization Committee
to be held in Austin on Feb.9th and 10th - beg
to say this same committee expects to hold a meeting
in this city on the night of Feb,7th at which time
El Paso and surrounding towns will be represen
ted.
http://fraser.stlouisfed.org/
Federal
Reserve Bank of St. Louis
r
I hardly think it will be necessary
for any of us to attend the meeting in Austinjbut
thank you for having called our attention to it.
Yours truly
Vice-President
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Form2 2 8 9
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TH E
B
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jainst only b^repeating a message back to tho sending- station for comparison, and the Company w ill not hold itself liable for errors or delays In
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U lirep ea te d ^ R lg-h t L e tte rs , sent at reduced rates, beyond a sum equal to the amount paid for transmission; nor in any case beyond the sum of
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.nless otherwise stated below, this message has been valued by tho sender thereof, nor in any case where tho claim is cot presented in writing- within
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This is an UT
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IEO\ N
24* A
P R E S lD t
IV E D ^ T
TR " 5 4 NL
B E L V ID E R E
CROOKS,
GENERAL MANAGER
1161
4 EXTRA
F L A T O N I A TE X DEC 29
1913
SECY MCA0 0 0
WASHN DO
AT A M E E T I N G OF THE
F L A T O N I A COMMITTEE T H I S MORNING THE
P R E S ID E N T AND SECRETARY WERE A U T HO RI ZE D
HOUSTON TEXAS THE BETTER L O C A T IO N
TO WIRE OUR ENDORSEMENT OF
FOR A R E G IO N A L RESERVE BANK
E H COWDIN
PREST DONALD MCKAY SECY
1 1 2 4 PM
Reproduced from the Unclassified I Declassified Holdings of the National Archives
E. G. C O W D IN , P R E S I D E N T
L. N. L Y O N , i s t V i c e P r e s .
E. A. A R N IM , 2 n d V i c e P r e s .
C. E. N E S R S T A . 3 R D V . P r e s .
OTTO O LLE, 4 th V ic e P r e s .
C. P. J O H N S O N , T r e a s u r e r
B O A R D O F D IR E C T O R S :
M. V. M EY E R
FLATONIA C O M M ITTEE
W. C. KOCH
H. R. T H U L E M E Y E R
G. C. S IM M O NS
H. W. HARR ISON
D r. D o n a ld M c K a y , S e c r e t a r y
FLA TO NIA, TEXAS
F l a t o n ia
is the big town be
tween Houston and
San Antonio.
F l a t o n ia
.
/
is in the heart of
the best agricultu
ral section o f the
State.
* VJ» I
S e c r e t a r y McAdoo,
F l a t o n ia
has good Churches
and Public Schools
of the first-class.
Confirm ing o
has a chapter house
of the American W o
man’s League.
has the best water
and the cheapest
fuel.
F l a t o n ia
has the second larg
est Creamery in the
State.
4
Dear S i r-r-
F l a t o n ia
F l a t o n ia
jA N S W E R E D
Washington, D
u
r
'
t
of
t h i s date our Committee,• a t a meeting
FLATONIA
t h i s morning, a u t h o r iz e d the P r e s id e n t
IS
SANITARY
and S e c r e t a r y t o w ire our endorsement,
o f Houston, T e x as, as the b e t t e r l o c a t i o n
f o r a . r e g i o n a l r e s e r v e bknk.-
F l a t o n ia
has the only whole
sale sourkrautpack
ing establishment in
the State.
F l a t o n ia
has a plant for pick
ling and canning
farm produce.
F l a t o n ia
shipped 15,0001bs of
dressed turkeys last
season.
F l a t o n ia
shipped 65 cars of
eggs last season.
. -ATON1A
territory is develop
ing along the line
of diversified farm
ing, dairying and
poultry culture.
LATONIA, TEXAS
COM E TO FLA TO N IA TO LIVE
Reproduced from the Unclassified I Declassified Holdings of the National Archives
FIRST NATIONAL BANK
C a p it a l a n d S u r p l u s $ 7 5 , 0 0 0
E.
J.
J.
W
A. A R N IM , P r e s i d e n t
M. H A R R IS O N , V i c e - P r e s i d e n t
A. K ER R , V i c e - P r e s i d e n t
W IL L E F O R D . C a s h i e r
F. A
NESRSTA, A ss
t
F l a t o n ia , T e x a s ,
C ashier
February 2nd, 1914.
F i r s t N a tio n a l Bank,
Houston, Texas.
Dear Mr W e lls :
I have yours o f the 3oth in re ga rd t© lo c a tin g
a re g in n a l 'bank f o r Texas, and as b e fo re sta te d to the committee
we are in fa v o r o f Houston*
It w ill
"fee convenient f o r me to go to A u stin
on the 9t!i to attend the meeting and I h ard ly think my presence
would
add
much any-way#
I f you wish s ig n e rs to a p e t it io n in
fa v o r o f Houston I w i l l “fee only too g la d to sig n same*
Hoping one o f the hanks w i l l he lo cated in Houston
and w ith p erso n al re g a rd s , I am,
Tours t r u ly ,
:/ J
'/ )
.o
ca s h ie r
a
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Mr. Oscar W e lls , Vice P re sid e n t,
F ir s t n a tio n a l Bank,
Houston, Texas.
Dear S ir :
In r e p ly to your l e t t e r o f January 30th;
I beg to a d v ise th at I fa v o r Houston a s headquarters
f o r a F ed e ra l Reserve Bank.
I am a ls o g la d to say th at our
com petitors, the C ity N atio n al Bank, a ls o fa v o r Houston.
It
w i l l not "be convenient f o r me to be in Austin on the 9th and
10th, and I f e e l th ere i s l i t t l e
th ere.
th at I could do i f
I were
I w i l l make you t h is p ro p o s itio n , however: th at i f I
can be o f any a s s is ta n c e to you and you w i l l prepare a l e t t e r
such as you would l i k e f o r us to w r it e , and send i t to me, I
w i l l get i t
signed by the O ity N a tio n a l Bank h ere , the F ir s t
N a tio n a l Bank o f Poth, Texas, and t h is in s t it u t io n ,
same to you.
re tu rn in g
Reproduced from the Unclassified I Declassified Holdings of the National Archives
D X L A C Y j P r b s id e n t .
LADNEY, Ca s h ie r .
A .A .B O G G E S S ,A s s t . C a s h ie r .
U . M . P O T T E R , V ic e P r e s i d e n t .
U .W .G
W . O . D A V 1S , V i c e P r e s i d e n t .
C a p ita l 1
250.000.00.
Feb. 3 rd .,
1914.
Mr. Oscar W e lls , Chairman,
F i r s t N atio n al Bank,
Houston,
Texas.
My Bear Mr. W e l l s ; I have your fa v o r of the 30th.,
u l t . with
re fe re n c e to my atten d in g the h ea rin g to "be h eld
by the O rgan ization Committee at A u stin .
It w ill
be im possible f o r th is bank to have a re p re se n ta tiv e
p resen t,bu t we f e e l the g re a t need of Texas having
one of the F ed eral Reserve Banks and we tru s t that
you w i l l represen t us in b e h a lf of h aving one of the
F ed e ra l Reserve JBanks lo c a te d a t Houston, D a lla s or
F o rt Worth.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
vJ . W . D O W N A RD, P r e s i d e n t .
J . F. M O R R I S , V i c
e
P r e s id e n t .
F. M O R R I S , J r . C a s h i e r .
W9 11
G a in e s v ille ,T e x a s ,
19 14 .
Mr* Oscar W e lls , Y ic e P r e s f t#
F i r s t N a tio n a l Bank,
Houston, fe x a s *
My* Dear Mir* W e l l s : I re g r e t th at I w i l l not he
a h le to atten d the h ea rin g o f the B e g io n a l R eserve
Board at A u stin on February 9th and 10th, however,
Houston b e in g reco gn ized as th e money ©enter o f Texas
1 th in k un qu estion ably is the l o g i c a l p o in t f o r
the Reserve bank o f t h is d i s t r i c t #
W ith v e ry b e st p e rso n a l re g a rd s .
I am,
Yours v e ry t r u ly ;
P resid en t#
Reproduced from the Unclassified / Declassified Holdings of the National Archives
No.6292.
T i i e L i n d s a y N a t i o n a l B a n k o f Ga i n e s v i l l e ,
J M .U N D S A Y , P R E S ID E N T .
S . M . K I N G , v. P f t e s r .
J N O . L .S IM P S O N , v.Pffe s t .
R O Y T. P O T T E R . C a s h i e r .
Gainesville Texas, Feb. 5 , 1914
0 .£ . P O W E R S , a s s 't c a s h fe n .
Mr. Oscar Wells,
c/o The FIRST NATIONAL BANK,
Houston, Texas.
Dear Mr. Wells:
I am in receipt of your letter of January
30th, asking our opinion of the location of the
Regional Reserve Bank for this district.
It is the opinion of our Board of Directors thfit it would suit us better to have this bank
located in North Texas, but, in case we cannot get
this, our next choice is Houston, and we have so
advised the locating committee.
Yours
mmm
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Te x a s B a n k 5lTr u s t C o .
Ga l v e s t o n .
V IC E P R E S ID E N T S
C .H .M O O R E .
J . H .W . S t e e l e .
C A S H IE R
R .L e e K e m p n e r .
Ca
A S S 'T C A S H IE R S
A .K l c in e c k e .
A . L io n .
p it a l
,S u
r p l u s and
U n d iv id e d P
r o f it s o ver a
Ha
lf
M il l io
n
Do
llar s
.
February 3, 1914
O f f ic e o f t h e P r e s id e n t .
Mr. Oscar W e lls ,
c/o F i r s t N a tio n a l Bank,
Houston, Texas
My dear Mr. W e l l s :
I am in re c e ip t o f yours o f the 2nd.
I am tu rn in g the l e t t e r over to Mr. Hoopes in the hope that
he w i l l he a b le
to g iv e the m atter some a tte n tio n .
I fin d
m yself simply swamped w ith work in connection w ith the va
rio u s concerns th at are claim ing a good p o rtio n o f my time,
and in a d d itio n to that I have a t th is season o f the ye a r
to frame the C i t y ! s Budget, which i s g e tt in g to be a much
more in t r ic a t e problem, and as th is must be completed by
the 15th o f February I d o n 't see how I s h a ll be a b le to go
to D a lla s ,
i f indeed I s h a ll be «3ble to go to A u stin .
w i l l p ro ba bly hear from Mr. Hoopes in the prem ises.
W ith very b e st pe,
Yours t,
"
You
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
i i
R n Y 2 1 r C « S ,D C 5 T
G .W . R O Y A L T Y , V ic e -P r e s id e n t
A - R - W IL L IA M S .C a s h ie r
LEA K E A Y R E S , A
s s t
4097
T H E F I R S T N A T IO N A L B A N K .
O F
G A T E S V IL L E
CAPITAL $ 1 0 0 ,0 0 0
SURPLUS
^ ^AtESVILLE,TEXAS
V-•Js . _
F e b y.2 ,1 9 14
M r.O scar T
? e ll.3 ,V ic e P r e s t . ,
F i r s t N a t io n a l Bank,
H o u sto n ,T e x a s.
Dear M r . W e l l : I am i n r e c e i p t o f and have note'! c a r e f u l l y
your l e t t e r o f the 30th u l t .
I t w i l l not be p o s s i b l e f o r me to be p re se n t a t the
h e a r i n g a t A u s t in .
In f a c t , a l i t t l e f i s h jjiike me would
l i k e l y get l o s t in company w ith a l l the l a r g e f r y th at w i l l
be t h e r e .
I x.resume a l l th a t the committee w i l l want to h ear
w i l l be evid ence as to the needs o f t h i s s e c t i o n f o r one
o f the R eserve Banks.
And I arn sure that you and
the o th er committees from the l a r g e r towns can m a rsh all
such an a r r a y o f f a c t s and f i g u r e s that can not be o v e r
lo o k e d .
And in o rd e r to g e t one o f these banks in T exa s ,
I am o f the o p in io n th a t Texas banks sh ou ld c e n t e r , i f pos
s i b l e , on some l o c a t i o n .
P e r s o n a l l y , we would p r e
f e r Houston as our b u s in e s s n a t u r a l l y f lo w s in th a t d i r e c
t i o n and we f e e l j u s t a l i t t l e c l o s e r to Houoto$ than any
o th er Texas town in a b a r k in g way.
But we a re f u r
t h e r o f the o p in io n that i t w i l l be e a s i e r to induce the
corvidttee t o c o n s id e r f a v o r a b l y some North Texas town on
account o f b e in g more c e n t r a l l y l o c a t e d and more a c c e s s i
b l e to a l l the banks to be served in t h i e d i s t r i c t .
On
the " b a l l o t " f u r n is h e d us from W ashington, we have voted
f o r D a l l a s f i r s t , w i t h Houston second.
‘ With k ifldset r e g a r d s and b e a t w is h e s ,
.C A S H I E R
Reproduced from the Unclassified I Declassified Holdings of the National Archives
E . G . Gl L L E T T , P r e s i d e n t .
A . A . B OOT Y , V i c e - P r e s i d e n t
W . L . P R I CE, C a s h i e r .
F a rm e rs S ta te Ba
C A P ITA L
$ 5 0 ,0 0 0 .0 0 .
S U R P L U S
x k
$ 4 0 ,0 0 0 .0 0 .
G E OliGET OWN.T e X A S ,
Feb ♦3 ,1914 .
Mr* O scar W e lle , V ic e P r e s id e n t ,
The F i r s t N a t io n a l Bank,
H ouston, T e x a s.
My d e a r M r .W e lls s In r e p ly to y « u r f a v o r o f 30th u l t . , i t i s my
in t e n t io n to a tte n d the h e a r in g s a t A u stin b e fo r e the O rg a n iz a
t io n Committee, and I s h a l l he g la d to do a n y th in g I $an to se-*cu re one o f the r e g io n a l banks f o r T e x a s.
I an a ls o s t r o n g ly in f a v o r o f Houston as the b e s t p la c e
f o r the bank, th a t b e in g the c e n te r o f the c o tto n , o i l , lum ber,
su g a r and r i c e i n d u s t r ie s o f the s t a t e and making i t , i t seems
to me, the l o g i c a l and mpst advan tageou s p o in t f o r the conven
ie n c e o f a l l the t e r r i t o r y l i k e l y t o be in c lu d e d in t h i s d i s t r i c t .
D a lla s i s r e a l l y your o n ly opponent f o r the lo c a t io n o f t
the bank, and J h a rd ly t$ in k
the t e r r i t o r y they o u t lin e * i l l a l l
be in c lu d e d in ou r r e g i o n a l bank, as i t g e t s too c lo s e to S t .L o u is
and New O r le a n s , and I f L o u is ia n a , Arkansas and n o rth e rn O k lah o
ma i s l e f t o u t, D a l l a s 1 p le a f o r th e lo c a t io n w i l l be v e ry much
weakened,
I am f o r Texas f i r s t and then f o r H ouston, and a n yth in g
I can do to h e lp w i l l be done w ith g r e a t p le a s u r e .
I had in ten ded coming to Houston th ^ s
b e .A u s t in Monday, can see you t h e r e and save
am g la d to do# as I am v e ry busy Just now.
s u i t your c o n v en ien ce, w r it e roe a t on ce, and
l a t t e r p a r t o f t h i s week*
W ith b e s t p e rs o n a l r e g a r d s ,
week, bu t as you w i l l
the t r i p , which Ix
I f t h is dof*s n * t
I w i l l come down th e
I am,
Y ou rs v e ry t r u l y ,
U
i
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J .C .H ills m a n ,
.
r jR E S H 3 E K T
J . S . H i U s ma n ,
T r r 1U
S T IC K P R E S I D E N T ,
iJ tte s t ^ a t t c r t t a l B m t k
C A P I T A L S S U R P L U S $ IOO.OOO.OO.
A .-J .N is b e t ,
CASHIER-
(SifrMttg#, tfexcxs.
Fob 6, 1914.
Mr* Oscar lo lls Chairman,
Houston. T om e.
Boar S i r : *
Replying to jour letter of tho 30th In
regard to tho location of tho Federal Reserve
Bank
in thlo territory, t»og to say that, this Bank
prefer* Houston Texas*
m sm m
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J .T . S C O T T , V ic e - P r e s id e n t
O S C A R W E L L S , Vic e -P r e s id e n t
W . S . C O C H R A N .V i c e - P r e s i d e n t
F . E . R U S S E L L ,C a s h ie r
O . L .C O C H R A N , P r e s id e n t
G E O . G . T I M M l N S .A S S T . C a s h i e r
>J . L . R U S S E L L , A s s t . C a s h i e r
H . B .0 R I N S H U R S T , As s t .Ca s h ie r
J .W . H A Z A R D , As s t . C a s h ie r
TH E F IR S T NATIONAL B A N K O F H O U S T O N
1644
HOUSTON, TEXAS
January 30th, 1914.
I l r . I . J .F a r r is s ,
C ashier, C itiz e n s State Bank,
G iddings, Texas.
My dear M r .F a r r is s :
You are d ou b tless f a m ilia r with
the work o f the O rgan ization Committee in conduct
ing p u b lic h ea rin gs at v a rio u s p o in ts , f o r the p ur
pose o f determ ining the boundary lin e s o f the re g io n
a l d i s t r i c t s and the lo c a tio n f o r the headquarters
o f the F ed e ra l Keserve Bank in each.
On February 9th and 10th such a
h e a rin r w i l l be held in Austin and the testim ony
o f the bankers in th is sectio n g e n e r a lly , whether
w ritte n or o r a l, would be very h e lp fu l to S e c re ta r
ie s McAdoo and Houston in a r r iv in g at a con clusion .
As a member o f the l o c a l committee,
I hope that you are planning to attend the h ea rin g at
A ustin and that in the meantime you w i l l w rit e me,
g iv in g an expressio n o f your view s concerning the
lo c a t io n of the proposed F ed eral Reserve Bank in t h is
te rrit o ry .
With very best p erso n a l re ga rd s,
I am,
very t r u ly ,
'/ j
P le a s e w r i t e me j u s t how I
can be o f use i n t h i s m a tte r f
O fc ou rse Houston i s my f i r s t
account i s kept t h e r e .
c h o ic e .
Our prinjp^pal
/
/
/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W. B
. C a m p b e ll ,
P .L
P r e s id e n t.
. C a m p b e l l , C a s h ie r
G o L I A D 'Te x a s ,
Ur.
Cacar
-e ils ,
dan. 31st 1914
H u s t e n , Texas.
Dear b i r : Y our a e f the oUth ins * t t - hand, r e q u e s t i n g an e x p r e s a ie a
from me in the m atter e f the boundary liiae e f the R e g io n a l D i s t r i c t ,
and the l o c a t i o n e f the F e d e r a l r o a e r r e Bank, in a l l e f which 1 p r e
sume you mean that d i s t r i c t in which we w i l l be lo c a t e d . I do net
h j s i t a t :, te say t h a t I b e l i e v e T e x a s , w ith her v a r i e d re s o u r c e s and
immense t e r r i t o r y , sh o u ld , by a l l neans have ene e f the F e d e r a l Re
serve Banks* I f a v o r He us t e a as i t s l e c a t i e a , ai t<i the reaso ns are ob
v i o u s . As to the beuadary l i n e e f the d i s t r i c t , I can only say that I
b e l i e v e i t sh ou ld enbrace t e r r i t o r y w,.th d i s t i n c t l y d i f f e r e n t p ro d u c ts,
and h a v in g a .vide range o f seas®., f o r m arketiag the pr#fbm©ts- thus w hilmwief' i s g o in g out in ©ne p a rt o f the d i s t r i c t i t w i l l be c^miag in , i a
an*ther p a rt.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
F a i«> i i:it s S t a t 1:
u
J . F. P O P E , P r e s i d e n t
JOHN SCOTT,
C A P I T A L # 3 5 ,OOOSP
P E R M A N E N T S U R P L U S # 18,0 0 0 »
V ic e P r e s Y
w.
d .g a r d n e r
,
c ™
H. U . F L O W E R S , A s s 't C a s h i
O b l a s t o b is »T i e x a h .
January, 51. 1914.
-I'r. Oscar T?ells, Tiqe P re s id e n t.
F i r s t n a tio n a l Bank.
Houston,
T e x a s.,
lly Pear :,Ir. T e l l s .
X have n oticed w ith g re a t in t e r e s t th at S e c r e t a r i
es KcAdeo and Houston w i l l g iv e Texas Bankers a h earin g at A u stin f o r
c o n sid e ra tio n and lo c a t io n o f a F ed eral Reserve Bank f o r Texas. I am
not sure that i t w i l l be say p lea su re to meet these gentlemen and d is c
uss w ith them the n e c c e sity that Texas have one o f these Banks as I wo
u ld lik e to see i t have.
I b e le iv e a f t e r S e c re ta rie s lie Ado o and Houston ha\e
gath ered inform ation from Texas c it iz e n s and Bankers th at they w i l l be
convinced that Texas i s one o f the g re a t s t a t e s o f the U nited S ta te s araft
froiri a standpoint o f p rod u ctio n which g iv e s i t t h ird ftfcss tk tk so u t h ls g r e a t crop o f cotton* which we stand proud of| I am sure they w i l l
agree w ith a l l Texas people that we need th is in s tu tio n to move witho
ut f in a n c ia l tro u b le s th is oownodity.
Texas i s re s o u r s e fu l from many sources and has a
b r ig h t fu tu re b e fo re i t to become the g re a te s t sta te in the U nited St
a t e s , in p o p u la tio n * fin a n c ie s , water p o rts and in d u s t r ie s .
With the g rv at w ater fro n ts and n a tu ra l p o rts that
Texas borders on and the g re a t volume o f bu sin ess that, flo w s to those
p o rts we should f e e l proud o f our s t a te and i t s f u t u r e .
TThile Galveston and Texas C ity have been the p rin c
i p a l p o rts o f e n t r y .fo r our products to be shipped to , we now have
Ecus ton to c o n sid e r. With Ileus to n 1s deep channel completed and her
d ir e c t connection w ith the Panama Canal I f e e l lik e Houston w i l l be
the center o f a l l sh ip p in g in to and from Texas f o r products from t h is
se c tio n o f the s t a t e . For our immediate t e r r i t o r y I am sure Houston i s
cur b e st o e n te r.
As th is Bank c a r r ie s i t s p r in c ip a l account in Texas
w ith your g o o d .se lv e s in Houston^we f e e l lik e your c it y i s our b e st con
m e rcial o e n ter. Most o f our cotton is shipped e ith e r to Houston or Ga
lv e s to n f o r sto rage and shipment and most o f a l l d r a ft s f o r t&tse s h i
pments that we handle are drawn ©n firm s in Houston. Houston has been
a con cen tration p o in t f o r our t e r r it o r y f o r the p a st f i v e years or
more and ae i t s t e a d ily grows in th is resj;ect I f e e l lik e there i s a
g re a t fu tu re to the C it y . The votLume o f b u sin e ss i t handles in the
way o f cut o f town items which we have the p le a su re to handle a l a arge amount o f proves s u f f i c i e n t l y that Houston i s p o p u lar w ith a
la r g e , nurrber o f Texas Bankers who c le a r th e ir items through Houston
Banks.
I am. sure a f t e r the data has been l a i d b e fo re Sec*r e t a r ie s
and Houston* o f the r e s c u rs e fu lln e s e o f Texas and Hou
ston in p a r t i c u l a r , and the g re a t fu tu re that l i e s in i t s wake, I b e l e i v e T e x a s .w ill be the g o Ifa th e r o f a re g io n a l Bank and Houston the
fond p a re n t.
-------- ----
---------
------ ------- -------- ------------------I.....I........... ...........I...— —
...
uniiimmiihmmm■ iiMlMMUmi iniT~iiiiTifriffnrTfftiTriTTfirri
Reproduced from the Unclassified I Declassified Holdings of the National Archives
E
k rm k ks
S
tat
i: I
J . F. P O P E , P r e s i d e n t
J O H N S C O T T , V ic e P r e s * t
CAPITAL S 3 5 ,0 0 0 ° ?
PERMANENT SU R PLU S $ 18,000
W . D .G A R D N E R , C a s h i e r
H. L . F L O W E R S , A s s t C a s h i e r
i 91 ^ N € w K St , T K X A M •
f3 .
U r. Oscar W e lls , V .P .
lly p e rso n a l opinion i s that Houston i s the b e s t
and most convenient C ity in Texas f o r one o f these Banks and I b e l e ive that Texas w i l l be in the not near fu tu re a fin a n c ia l demon in
t h is country* A re se rv e Bank w i l l help i t to be and T e x a s .w ill
lp to make a stro n g F ed eral Reserve Bank f o r th is country*
A llo w me to thank you v e ry much f o r your n ice 1 e t t e r in v it in g me to g iv e you my vivws along th is lin e and w h ile th
ey are meek from a country Banker in a sm all town I f u l l y a p p re c i
a te th is honor and hope th at I may have s a id one word that t r i ll help
Texas and Houston win one o f these g re a t f in a n c ia l machines.
With v e ry beet wishes f o r your s e l f and kind re ga
rds to l*r. S c o tt, I am.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
A .W .S T O R R S .
P R E S ID E N T
D . G .M S F A D I N -
I.N .K E L L E R .
V IC B P R E S ID E N T
C A S H IE R
The F irs t N a tio n a l B a n k
G ra n g e r,T e x a s
F©d 2nd, 1914.
Mr Oscar W e lls , Vice P res.
F i r s t N a tio n a l Bank,
Houston, Texas
Dear* S i r ,
Your l e t t e r o f Jan 30th, at hand, in answer to same beg to say that
we are f o r Houston f i r s t l a s t and alw ays, we are expectin g to attend thife
meetin at A ustin on Feb 9th and 10th, and hope to have the p lea su re o f
meeting you on th at occasion?
With very best person at regard s ,
You s ver^ t r u ly
g-—
A
...
j.l
7
--
'P r e s id e n t .
Reproduced from the Unclassified I Declassified Holdings of the National Archives
H A Y N E N E L M S , V ice P r e s Y
C - H . H E N L E Y , V ic c P r e s t
;<
a
pi
ATT
R. R. R O B B , C
*-■ p - A T M A R ,
P r e s id e n t
a sh ier
J.W IR T
A T M A R , A s St Cashier
Win. p » f <;
N O .6 3 2 9
C a p i t a l a n d S u r p l u s $ 90 ,0 0 0 °?
G roveton,Texas
le b * y 3, 191^.
Mr. Osear W e lls , Chairman,
lo u s to n , Texas.
Dear $ i r : ~
We f e e l th at louston i s the proper
lo c a t io n f o r a f e d e r a l Reserve Bank, as i t s e rv e s ,
as i s shown by i t s annual c le a r in g s , the g re a te st
banking t e r r i t o r y o f any ® ity in Texas, and p o s s i
b ly any e it y in the south. Xy f i r s t eh o ite i s
lo u s to n , second, l a s t and a l l the time the same.
Am so rry I tan not meet w ith you in A u stin
•laim s
on the 9, and Io , but w ish youx^ maybe presented so
s tro n g ly th at they w i l l w in.
Yours very t r u ly ,
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
Mr. Oscar W e lls V ic e -P re s id e n t,
The F ir s t N a tio n a l Bank,
Houston, Texas,
My Dear Mr. W e lls
We are very much in fa v e r o f a
F ed e ra l Reserve Bank being le a c te d in Houston fo r t h is
d is t ric t.
We f e e l Houston would be the most l o g i c a l
lo c a t io n f o r such a Bank, b e in g the la r g e s t cotton,
lumber, r ic e and o i l market in the South, the p r in c ip a l
products of the e n tire G u lf S ta te s.
Houston bein g the la r g e s t H a il Road cen tre o f
t h is section would make i t qu ick ly and conveniently
a c c e s s ib le , b e in g e a s ily reached in a few hours from any
se c tio n that may be included the the t e r r i t o r y o f a
F ed e ra l Reserve Bank f o r the G u lf S ta te s ,
We most s in c e re ly tru s t your committees'
e f f o r t s w i l l be s u c c e s s fu l, and i f we can
be o f any
a s s is ta n c e we w i l l be very g la d to have you c a l l on u s.
With kin d est p erso n a l re g a rd s I am.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
60wU
R
101
Sex B lu ff’
TELEQ
Houston Tex Deo #9 1923
Hon vnm u McAdoo
S ecretary o f the Treasury wash
P le a se be advised that Houston i s an a p p lic a n t fo r one o f the f e d e r a l
re se rv e banks to be e s ta b lih e d under the recent law in accdrd with
the expressed wishes o f your committee
vte s h a ll refuacin from
burdening you with memorials & i£ ^ g a tlb n « •
app eals in advance
o f your v i s i t to t h is se c tio n but s h a ll fu rn is h at th at time
in form ation concerning our q u a lif ic a t i o n s to be so d esign ated
haveing f u l l f a it h and confidence in the wisdom o f the committee
to s e le c t f o r the lo c a t io n o f the re se rv e banks only such c i t i e s
as w i l l b e st serve the peop le as a whole
Houston c le a r in g House Assn
by J T ^cott P re st
Reproduced from the Unclassified I Declassified Holdings of the National Archives
POSTAL
JU S m
_____
TELEGRAPH-CABLE
NIGHT
*
II
R E O E I V E D AX
ACKAY, P
r e sid e n t .
n
Bn
N u m b e r
ffftr'iXi C.t>
iRSSPT. A.
ETTEIftiRAM SUBJECT TO T H t
TERMS AMD CONDITIONS PRINTED ON THE BACK OF THIS BLANK
INDEPENDENT
4483
AM
LETTE
THE POSTAL TELEGRAPH-CABLE COMPANY (INCORPORATED) TRANSM ITS AND DELIVERS T
:0£8SSm.E KSE).
COMPANY
COMPETITIVE
D
PROGRESSIVE
68 K.L. 1 axtra
>o
Houston, T exas.* Dee. j38f lP l£ *
H»*n. Fm. Q-. MeAdec*
Cecy ©f the Tree.sury
p.shin^ten,
i->v •
Repsr a sent*, tiv e ;1©rami t tee fr o n lcre&l .ihs-mber
Uonn^roB vinftn im<»u&ly
passed PesoXittlon yesterday embodying fo llo w in g :
F ^ lio it a t i® n e f Adm in istration upon passage * t lew furreney B i l l
I n t%n imiv©a?s&l^.fcj&eptance * s b e n e fie ie n t li»w. Our @rn
p le a su re th a t Houston 1b to b§kj^*nered by v i s i t from ar^&nizfction
e^mmittwe. H#pe th *t T e x t s rrmy $r<?ve worthy * f t?ne c*f the r<^icn «rl
k?5 %'Qr. thp t Houston- nay be tha l o g i c a l p oin t,
Oscar W e lls ,
ihfcirrai.n.
I I ^ f p .m .
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J A S .A .B A K E R ,
B .D . H A R R IS ,
PR ESID EN T.
Fir
V ic e
s t
J. E . M ? A S H A N , V. P. & C
P. J . E V E R S H A D E ,
PAUL
<3.T A Y L O R ,
As
A
C H AS. D ILLIN G H A M ,
a s h ie r
s ’t
s s t
C hairm an
of
the
Board
P r e s 't .
Ca
Ca
.
R IP L E Y ,
F. A . H E I T M A N N ,
,
s h ie r
s h ie r
D A N IE L
V ic e P r e s ' t .
J N O . M . D O R R A N C E , V i c e P r e s 't
TH O RNW ELL
T. J . F R E E M A N ,
.
SOUTH
TEXAS
COMMERCIAL
NATIONAL
BANK
Vi c e P
FAY,
r e s 't
Vic e
Vic e
Pr
P
e s ’t
r
f
I
t
CAPITAL. # 1 ,0 0 0 ,0 0 0
u(^D?vTi^^%RonTs}# 1 , 0 0 0 , 0 0 0
UNITED
STATES
D E P O S I T A R Y ’.
Feby .7,1914
Hon. M. C. E l l i o t t ,
S ecretary o f the Reserve Bank
O rgan ization Committee,
Washington, D .C .,
Dear S ir :
We have your recent c ir c u la r l e t t e r
ask in g us to design ate on the two enclosed cards
our choice o f c i t i e s f o r lo c a t io n o f the F ed eral
Reserve Banks.
We re tu rn the cards herewith,
duly f i l l e d out (form s 6 and 7 ).
We have a ls o
made a memo, on the cards which I now wish to con
firm , v iz :
i t i s g e n e ra lly agreed among our
l o c a l "bankers to whom we have ta lk e d , that the
C ity o f Houston should be in a re se rv e d i s t r i c t
running north and south and not east and w est, owing
to the fa c t the gen eral tendency o f t r a f f i c to and
from th is c ity i s north and south.
I tru s t the
Committee w i l l bear th is in mind.
We f e e l sure that th is r e f l e c t # the opinion o f a l l
o f our o f f i c e r s and d ir e c t o r s w ith whom we have been
a b le to c o n su lt, and who have given the matter due
thought.
T ru stin g the above reaches you s a fe ly ,
Yours very t r u ly ,
I remain,
.
r e s 't
.
.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
ALL
COrrf iACTS
T A K E N 1 SUB J EC T
TO
STRI KES
OF
WO R K - P B O F L K ,
JNO.
Ft HE,
S.
LOSS
OF ( i OODS
RADFORD,
PRESIDENT
AT
SKA
OK OTHER
I CC I DK X ’ TH
BK VOX D OUB
CONTKOL
J.T. S C O T T
VICE PRE S’
C A M E L S H A IR
j n o . s .r a d f o r d
T R E A S .5 M G R .
,
P R E S S CLOTH
BRAND
SAMSON
MILLS AT H O U S T O N
CABLE ADDRESS
O R IE N fH O U S T O N .
LONGDISTANCE
TELEPHONE
H EIGH TS.
J fd a s lc r f, ^ x a s .
January S la t , 1914.
Hr. O sca* W e lls * CkaiiHan,
c/o F ir s t N a tio n a l Bank,
Houston, Texas*
Dear S ir :
With re ga rd to the lo c a tio n o f & R egion al Bank in Texas,
p le a s# permit me to suggest that Houston should not on ly be fa v o ra b ly
looked upon from the view point o f g iv in g to our la r g e S tate one o f
these Banks, but i t should be viewed as the l o g i c a l p o in t f o r the
lo c a t io n o f suoh whfcn the advantage to the whole Southwest i s considered.
F i r s t : 5*rom the view poin t o f it s being the one center through which
about one fo u rth o f the cotton crop o f the w orld mo^es in fin d in g
i t s way to w ater tra n sp o rta tio n to the markets o f the w o rld , i t s b ein g
the r a i l r o a d center o f Texas, and a seaboard p o in t n ea r-b y the la r g e s t
seaport o f thd Southwest.
Second:
The one p o in t through which the
a g r i c u lt u r a l and m ineral products o f the West must fin d t h e ir way to
the seaboard, on completion o f the Panama Canal.
Third:
By reason
o f the c e rta in ty that the coast country o f Texas w i l l one day became
th e in d u s t r ia l cen ter o f the Southwest, and now being looked upon as
the l o g i c a l lo c a t io n f o r American f a c t o r i e s , the clim ate b e in g such
that in d u s t r ia l o p e ra tiv e s can l i v e here more cheaply than they can
in the more rig o ro u s clim ates o f the ^orth and N orth east.
These
problems have found s o lu tio n in the lo c a t io n and growth o f the
O r ie n t a l T e x t ile M i l l s , the on ly w orsted fa c to r y ever to have gotten
on i t s f e e t in the South, p rovin g c o n c lu s iv e ly from i t s p resen t
prosperous con dition and that o f it s p e o p le , that m anufacturing in
a l l lin e s can be c a r r ie d on in tue coast country o f Texas to success
f u l l y compete w ith a l l the markets o f the w p rld .
We import our
raw m a te ria l **rom the O rie n t, la y in g i t down o o st, f r e i g h t and insurance
G alveston as cheaply as our com petitors o f the Bast can do s o , and up
to the time o f the going into e ff e c t o f the new T a r i f f , th is Factory
alo n e was paying into the Houston Custom House on the b a s is o f o v e r
♦100.000,00 p er annum in d u tie s .
Our o p e ra tiv e s «a rn good wages and
a r e d ec id e d ly more prosperous and in the enjoyment o f more com forts
than o p e ra tiv e s in ISurope 9*
Sngland,
That which is needed to
b rin g more fa c t o r ie s here is c a p it a l, and w ith t h is b a r to growth and
p ro g re ss removed, the coast country o f Texas, w ith Houston as i t s
n a tu ra l c en te r, should r a p id ly become one o f the g re a t in d u s t r ia l
centers o f the w o rld .
Our i n f i n i t e number o f reso u rces and g e o g ra p h i
c a l advantage should c e r t a in ly c a l l f o r the lo c a t io n o f a R egion al
Bank in Houston to a ff o r d the g re a te s t and most e f f e c t iv e s e rv ic e to
the g r e a t e s t number o f p eo p le , not on ly in Texam but in the whole
Southwest.
/
Yours v e r y / tr u ly ,
CRT•
t e x t il e m il l s .
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
W.S.9IIM, PRESIDENT
W-W-AOICKfS,VlCCPMtSISUT
January 31, 1914
Mr, Oscar W e lls , Chairman,
Houston, Texas.
My dear Mr, W e lls :
Your fa v o r o f 30th in sta n t re c e iv e d .
I t w i l l h a rd ly be p o s s ib le f o r me to attend the
h e a rin g by the O rgan izatio n Committee, to be held
i n A u stin on the 9th and lo t h o f i'eb.
I t i s to be hoped th at the boundary l i n e s
o f t h is r e g io n a l d i s t r i c t w i l l be so e s ta b lis h e d
th a t one o f the F e d e ra l R eserve banks w i l l be
lo c a t e d i n Texas,
Because o f the v a st t e r r i t o r y ly in g west o f
L o u is ia n a and the M is s is s ip p i, th at i s served by
the seaboard c i t i e s o f Texas, and because o f the
commercial p r e s t ig e a lre a d y a tta in e d b y the C ity
o f Houston, I f e e l that th at C ity i s the l o g i c a l ,
p ro p e r and most convenient p la c e f o r the lo c a t io n
o f the r e g io n a l bank o f t h is d i s t r i c t .
Ifi form er y e a rs, t h is s e c tio n d id a good
d ea l o f b u sin e ss w ith Hew O rlean s but such bus
in e s s now re p re s e n ts a v e ry sm all f r a c t i o n a l p a r t
o f the w h ole, so sm all, in f a c t , th a t we f in d i t
a d v is a b le not to c a rry a re s e rv e account in Hew
O rlean s.
To have to c a rry a re s e rv e account in Mew
O rle an s would work an inconvenience and a hard
ship upon u s , and I hope th a t we w i l l not be
p la c e d in the same d i s t r i c t w ith L o u isis n a .
R e s p e c tfu lly yours
C ash ier
I
Reproduced from the Unclassified Declassified Holdings of the National Archives
u c P3 ^ w a rVV?Ev ^ 'sp « s v .
^
v u m d a m s ,^ .
'
W . E . S E A L E , A » s V CASHieR.
104-78;
The Ch
iz e x s
K v n o x iL B A x ii
C A P ITA L AND S U R P L U S $ 2 7 ,5 0 0 ® ?
•CLAKKC«.CQUIVTS,BALVKBTDN
J a s p e r , I t e x A » , p ei jy . 3 , 1 9 1 4 .
Mr•Oscar W e lls ,
Chairman O rgan izatio n Committee,
Houston,Texas.
Dear Mr .W e lls :
I t i s very g r a t if y in g to me to see the
a c tiv e in t e r e s t you and your a s s o c ia te s are m an ifestin g in
secu rin g f o r Texas one o f the F ed eral Reserve Banks. Were
I not a c it iz e n
o f our g re a t State w ith my stron g f e e l i n g
o f p rid e in h er g re a t achievements and mighty re so u rc es,
I "believe I would s t i l l
see the ju s t ic e and good judgment
in making h er the home o f one o f the F ed e ra l Reserve Banks.
As a lo c a t io n in Texas f o r one o f the
F ed eral Reserve Banks, i t appears to me that
the c i t y o f Houston
i s the l o g i c a l p la c e .A seapo rt town,and yet in tim a te ly connected
w ith a l l the in t e r io r o f Texas in every lin e o f commercial and
in d u s t r ia l developm ent,it w i l l he hard to fin d a more a p p ro p ria te
lo c a t io n .
With h e st wishes f o r your success in th is
m atter,and w ith h ig h e st p erso n a l r e g a r d s ,! am,
CCScH,ER-
Reproduced from the Unclassified / Declassified Holdings of the National Archives
L.E.BAIN.
J .H .B A IN ,
CLEM R E A S O N E R ,
A N N IE R A W L S ,.
P RE S I D E N T
V I C E PRESIDENT
V ICE P R E SI D ES
CA SHI ER
Capital $50,000.00
Kenedy, Texas
February 2, 1914.
Hr. Oscar T/ells, Chairman,
Houston,
r
^exas.
Dear Sir:Replying- to your favor of Jan. 30th:
I hope to attend the hearing referred to in your letter.
It je ny opinion that Texas should have one of these bank
and that it should be located in Houston.
Yours very truly^
'j ?
dZocX/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W IL L RANCIER. PRESIDENT
S. J. H A LL, VICE PREST.
W . E. W IC K E R , ASST. CASHIER
J. D. STEAK LEY, ASST. CASHIER
SAM RANCIER, CASHIER
F ra s T Xa t io
xal.
Ha \
k
C A P I T A L $ 100, 000.00
I
fn'te
'
■ M -,
-- \
K h x e e x .Te x a h
Feb.2.1914.
Mr* Osoar ^ells,
Houston, Texas*
%
good friend5Yours of 30th received, regarding the location
of Federal Reserve Bank*
I think that bs
owe should have one in
Texas, and t
logical point, and
I trust that
e will make their
choice soM
ommittee will heed
the appeal
Herein
telling
* ft!
o and Houston
hesome*
T?ith many good wishes I am,
Yours very truly,
T>resident#
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W IL L RANCIER. PRESIDENT
S. J. H ALL, VICE PREST.
w . E. w i c k e r , A s s t , c a s h ie r
SAM RANCIER, CASHIER
J. D. STEAKLEY, ASST. CASHIER
F i k s t X a tio x a l.
U a x k
C A P I TA L $ 100,000.0,0
K lI,h E E S ,T i;X A H
Feb.2.1914.
The Honorable Secretaries,
Messrs McAdoo and Houston,
Austin, Texas*
Dear Sirs;Believing in the great good to the Southern
and Western States to be derived by locating a federal
■Reserve Bank in Texas, we respectfully urge that you
favor the loc
Almost $&
homa, goes t
bales at s
Sixty Million
other crops
Texas and Oklad at six million
_JH(iii^''fl^iree Hundred and
N W I » » '( s
jeat quantity of
at to best serve
about fifteen hundred banks, that Houston should be the
most logical point, and we think that you would act wisely
in selecting that place*
We thank you for considering this, we are,
m
Reproduced from the Unclassified I Declassified Holdings of the National Archives
T he Peo p les S ta te Ban k
G U ARAN TY FUND BANK
K ir b y v ille , T ex as
C A P IT A L AND
LIABILITY
$ 4 0 ,0 0 0 .0 0
Kirbyville, TeXaS,
J. M . M IX S O N , P r e s id e n t
J . D . F E A G IN , V i c e P r e s i d e n t
*
*
*
L . P . T U L .L O S , C a s h i e r
February 2nd, 19X4,
Mr. Oscar Wells, Vice-Prest.,
First National Bank,
Houston, Texas.
Dear Sir:
I acknowledge receipt of your favor of the 30th inst.
extending an invitation to attend the meeting of the Federal
Organization board to be held in Austin on the 9th and 10th inst,
I regret that it is impossible for me to attend this meeting btt
beg to advise you that I would very much favor the city of Houston
as a location for a federal reserve bank
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J .K .B E R E T T A ,
P re s id e n t
B. M. A L E X A N D E R ,
SAM
V ic e -P re s 't.
W. B R O W N ,
C a s h ie r,
5 0 0 1
U N ITE D
C A P IT A L
S TA TE S
G O V E R N M E N T
$100,000.°.°
D EP O SITA R Y
S U R P L U S
$ 5 0 ,0 0 0 .° .°
January 3 1 s t,1914.
M r.O sc a r W e lls ,
Houston,Texas.
Bear M r.W ells
I have the matter o f an endorse sent o f the lo c a t io n o f a
R egion al Reserve Bank in Texas "before our Board o f Trade,and am qu ite
sure at t h e ir s e e tin g t h is ooaing week they w i l l adopt a s stron g reso
lu t io n s asking the lo c a t io n o f one hank in Texas,whioh r e s o lu tio n s
when adopted I w i l l fo rw ard to you.
I f I can se rv e Houston in any way in secu rin g t h is hank i t
w i l l g iv e me g re a t p le a su re to do s
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J. K. B E R E T T A ,
P re sid e n t
B .M . A L E X A N D E R
SAM
, V ic e -P re s 't.
W. B R O W N
, C a s h ie r.
S O O l
U N ITE D
C A P IT A L
S TA TE S
G O V E R N M E N T
$ I00,000.°_°
D EPOSITARY
S U R P L U S
$ 50 ,0 0 0 .° -°
February 2nd.1914
Mr.Osoar W ells,Chairm an,
Houston,Texas*
Dear M r .W e lls :We are in re c e ip t o f your fa v o r o f January 30th.
In re p ly w i l l say tn at i t i s a lto g e th e r p ro b ab le th at I
w i l l be in A u stin at the h earin g of the 10th. and J 9 t h . a n d
w ill
take p le a su re id doing anything that I can to advance the in t e r e s t
o f Houston,as my p re fe re n c e in the matter o f the lo c a tio n o f F e d e ra l
Reserve Bank in Texas i s d e c id e d ly f o r Houston.
W ishing you every su c c e s s .I remain
./
Reproduced from the Unclassified / Declassified Holdings of the National Archives
OF
L
LI B E R T Y
ib e r t y
,T e
x a s
,
Feb. 3nd, 1914.
Mr* Oscar W ells, Chairman:
Houston, Texas*
Dear S i r : Your favor of the 30th, U lt* received and noted.
Replying to same, beg to say that it w i l l be impossible fo r
me to attend the hearing at Austin on Feb* 9th and 10th, but my
impression concerning the loaation of one of the Federal Reserve
Banks is that one should be located some where in Texas* and further
I would lik e very much to see one located in Houston.
Wishing you and your Committee every success possible in this
matter, I beg to remain,
.
e a B a M tito B K
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J .T . S C O T T , Vice-P resident
O S C A R W E L L S ,V ice -P resident
W .S .C O C H R A N ,V ice-P resident
F. E . R U S S E L L , C a s h ie r
O .L .C O C H R A N , P resident
G E O . G .T I M M IN S ,A sst . Ca s h ie r
«J. L . R U S S E L L , A sst .C a s h ie r
H. B . B R I N 6 H U R S T ,A sst .C a s h ie r
J .W . H A Z A R D , Asst . Ca s h ie r
THE FIRST M n O M L B A N K
O F H O U S T O N
1644
H O USTON, TEXAS
January 30th, 1914.
Mr.Geo.W.Baker,
Cashier, Lockhart Nat*l Bank,
Lockhart, Texas.
My dear Mr.Beker:
You rre doubtless fam iliar with
the v?ork of the Organization Committee in conduct
ing public hearings at various points, fo r the pur
pose of determining the boundary lin es of the regional
d is tric ts and the location fo r the headquarters of the
Federal Reserve Bank in each.
On February 9th and 10th such a
hearing w ill be held in Austin and the testimony
of the bankers in this section generally, whether
written or o ra l, would be very h elp fu l to Secre
ta rie s McAdoo and Houston in arrivin g at a con
clusion.
As a member of the local committee
I hope thet you ere planning to attend the hearing
at Austin and that in the meantime you w i l l w rite
me, giving an expression of your views concerning
the location of the proposed Federal Reserve Bank
in th is testimony.
With very best personal regards,
I am,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
N? 8 7 4 - 2
J .O .M O N D A Y , P re sid en t.
W.B . C O L L I N S , V I C E - P R E . S .
a . N. C O L L I N S , A S S T .
W. H . C O L L I N S . C a s h i e r .
Cas
Mr* Oscar w ells,
Vice President F irst National Bank,
Houston,
Texas*
Dear S ir:
I thank you very much fo r your kind le tt e r of the 30th
in s t .,I n r e fly w i l l say ,I dont think i t w ill be possible fo r me
to attend the meeting of the Bankers at Austin on the 9th and
10th, but hope you w ill be able to get the Federal Reserve Bank
fo r this D istric t ^located in Houston.
Tours Very ¥ruly£
h
.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
CARL W ALLER,
President
D R . S. J. F R A N C IS , Chairman of the Board
D IR E C T O R S :
CA RL W ALLER,
T . T. BROW N,
Vice-President
T . T . BROW N ,
J. E. FISH ER,
L. A . R ID O U T .
Cashier
tn
G E O . N . L A M K IN ,
it
D R . S. J. F R A N C IS
Capital jitcrck, $25,000.00
Feb.
LU LIN G , T E X A S
2nd,
1914.
M r.
Oscar W a lls, V. P .,
F ir s t N a tio n a l Bank,
H ouston, Taxas.
Dear S i r : Your
T12
are
be
lo c a te d
for
the
a n x io u s
in
favor
rf
fo r
Federal
th is
lo c a tio n
W ith
a
be
re ce ive d .
Resane
our
Bank
to
preference
Houston.
regards,
Yours
C a sh ie r
30th
S t a t #3 a n d
w o u ld
k in d e s t
the
I
am,
vary
tru ly ,
Onjulrrnan
of
the
Board.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
February 2, 1914.
Mr. Oscar Wells, Vice-President
First Bationak Bank,
Houston, Texas.
My dear 3 i r : Yours o f the 30th, received.
le are
very anxious fo r the location of the head-miarters of
Federal Reserve Bank to be in Houston and i f i t w ill be
any real advantage we w ill be represented in Austin
February 9 & 10th.
Yours very tru ly ,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
A . P . S MYTH, P r e s i d e n t
L .B .S M Y T H , V i c e - P r e s .
E A R L 8 . 9 M Y T H ,C a s h ie r
m. D . W O L V E R T O N ,
a sst
. C a s h ii
R O G E R Q . T R A V E R S . A s s t .C a s i
5850
C A P ITA L & S U R P L U S
$ 1 0 0 ,0 0 0
Jltart,®exas
February 5, 1914
Mr. Oscar W ells, Vice-President,
The F irst National Bank,
Houston, Texas
My dear Mr. Wells
I beg to acknowledge the receipt of
your favor of January 30th in regard to the location
of the proposed Federal Reserve Bank of this d is t r ic t .
In response to your query as to my
choice in the matter, I wish to state that loyalty fo r
my immediate section prompts me to make Waco my f i r s t
choice. However, I do not consider that Waco has the
semblance of a chance to secure the plum and I am today
w ritin g the organization committee and giving Houston
as our f i r s t choice.
There is l i t t l e fo r us to choose be
tween Houston and D allas, but Houston is easily as access
ib le to us as D allas is and we believe i t would be some
what to our advantage to have the bank located there.
Accordingly, we are making Houston our f i r s t choice, Dal
las our second and St. Louis our third selection. I
believe that our in terests would be w ell taken care of
with a Federal Reserve Bank in either of the three places.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
A .P .S M Y T H , P r e s i d e n t
L. B. SM Y T H , V ic e - P r e s .
E A R L B- S M Y T H , C a s h i e r
M. D . W O L V E R T O N , A s s t C a s h i e
R O G E R Q . T R A V E R S , A s s t .C a sh
5850
C A P ITA L & S U R P L U S
Page
$ 1 0 0 , 0 0 0 °_°
^art, (Lexas
I wish that I might attend the hearing at
Austin on the 9th i n s t . , hut regret that I cannot. I
am sure that Texas w ill have a considerate
hearing
and I sincerely hope that we may secure one of the
hanks.
With kindest personal regards,
Yours sincerely,
Cashier.
I am,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
CAPITAL150,000.00
~
JO S .N U S S B A U M , P r e s i d e n t
W .L.M URPHY, V i c e P r e s i d e n T
DAVID M U R P H Y , C a s h i e r
•
M e x i a .T e x a s
Oscar
W e lls
February
Esq,
Houston,
Dear
w ill
say
that
h e a rin g
I
am
the
and
as
in
to
fo r
through
reason
w ith
re ce ip t
g ive n
by
to
a n x io u s
to
do
get
c ity
in
w h ich
reason
k in d e s t
and
to
on
am v e r y
we
state"
A u stin
of
Heserve
case
Houston
in
yours
Federal
Reserve
sim p le
be
of
the
Federal
the
the
in
exppct
I
of
Texas.
M r.W e 1 1 s
I
the
1 s t,1 9 1 4 .
it
Banks
one
and
to
that
and
I
am
w o u ld
i t , I
be
it
lo c a te d
H o p in g
to
have
more
the
in
75$
Bank
that
she
on
w o u ld
u lt
and
and
10th
to
attend
C o m m itte e .
Texas secure one
express
a
Houston
State
co n ve nie n t
reply
justly entitled
is
name
our
of
in
to
O rg a n is a tio n
State
the
of
30th
9th
the
c a lle d
le a s t
have
regards,
th in k
lo ca te
at
see
the
for
one
preference
as
th at
b u sin e ss
our
to
bank
is
for
c ity ,
done
the
H ouston.
p le a su re
of
se ein g
you
in
A u s tin ,
I
am,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
JA ^ D r 0o T D % KMrTRH Sc ;s EH ^R.
E S T A B L .S H E D
IB 8 3
D M PRE N D E R G AST. V ^ - P ^ s .o ^ .
j g
"
s t a t e
MRS . J. L . S MI T H ,
b a n k
V ic e - P r e s i d e n t .
'1
P r e n d e r g a s t , S m i t h & C o .,
B A N K IN G
C A P ITA L
& SH AR EH OLD ER S
L IA B IL IT Y | 1 5 0 ,0 0 0 .0 0
M e X IA ,T e
x as
,
February 2, 1914.
!&*• Oscar Wells, Chairman,
Houston, Texas.
% dear Mr. We11s:Replying to your letter under date of
thirtieth "iltimo, beg to advise that we favor Houston first, Dal
las second and Kansas City third as the headquarters of a Feder
al Reserve Bank for our section*
I am not sure that I can he present at
Austin on the 9th, and 10th, hut am trying to arrange seme busi
ness matters so that I ean 1a on hand*
Some take the position that Houston is
too far removed from the ©enter of population to serve the hanks
to the very best advantage, hut I think: this is more than over
come lay the fact of Houston being the gateway for our exports and
imports and other natural advantages*
With best wihses, 1 am,
Yours very truly,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
WM. GREEN,Presf.
E .S TU D E MAN,Vice-Preslv
JO HN BUCEK,Cashier
fou lron J e^as
CAPITAL $ 5 0 , 0 0 0 °-°
S U R P L U S 5. P R O F I T S $ 12,50 0°-°
Feb. 2nd, 1914,
Mr. Oscar Wells V ice- Pres*t
F irst National Bank
Houston, Texas.
My dear Mr. Wells
In reply to your favor of the 30th.
TJlt. I beg to advise that in a l l probabilty it w ill be im
possible for me to attend the public hearings
to be held
by the Organization Committee for the purpose of locating
the Regional Reserve Bank fo r the d is t r ic t in which we are
located.
Since Houston has become the money center of
Texas it is undoubtedly the lo g ic a l point for the location
o f the Federal Reserve Bank. When we stop to consider why
Houston has forged to the front to its present enviable
position as such money center ; we find f i r s t that the
f a c i l i t i e s for handling the vast amount of products of
— - .........
..............................................................
- ..- .................................................. “—
Reproduced from the Unclassified I Declassified Holdings of the National Archives
WM. GREEN,Presl\
E.STUD E MAN,Vice-Presr.
JOHN BUCEK,Cashier
CAPITAL $ 5 0 , 0 0 0 °-° Q ^J
S U R P L U S S. P R O F IT S $ 12,500 °-°
our Empire State are superior to any otteer point in Texas;
inconsequence of which our prin cipal products are handled
through Houston,
Next, j.ts trade te rrito ry is expanded each year u n til
it now covers
a greater portion of Texas than any other
city within it s borders.
In close proximity to Houston l i e the principal and
vast o i l fie ld s j the sulphur beds immediately south ; it
it p ra c tic a lly in the geographical cefcter o f the rice belfr
o f Texas and a portion of Louisana
as w ell as within the
cane belt,and ootton,our principal money product is handled
nearly altogether through Houston.
In view of these conditions and splendid f a c ilit i e s
I should think that Houston could better serve the interests
o f a greater portion of Texas than any other Texas rGity
i f a Federal Reserve Bank should be located there
Tours very tru ly ,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
595
C o m m e r c ia l G u a r a n t y S tate B a n k
E .A . B L O U N T ,
Pr esid e n t
TH O si.BA K EDRT ,^
EpPR
R^
E U G E N E H .B LO U N T,
VICE P R E S 't
F. H . T U C K E R ,
FRAN K S H A R P ,J
C A P IT A L S TO C K A N D S U R P L U S # 8 0 , 0 0 0 . 0 0
Ca s h ie r
r
. , A s s 't C a s h i e r
rfi
.Na G O G D O C H E S .lE X A S
January 31st 1914.
Mr. Oscar Wells,
Houston, Texas.
Dear Sir: —
Peplying to your esteemed favor regarding the location
of a Federal Reserve Bank in Texas, w ill say that we are very much
of the opinion that Texas is so located that it is entitled to
receive a favorable decision.
As to the point that it should be
located in Texas, for personal reasons we would say locate it in
Houston, but we re a lly believe that Geographically
Dallas is the
lo g ic a l point— but by a l l menas it should be located in D allas or
Houston.
Yours very truly,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
j . T . S C O T T , V ice-P r e s id e n t
O S C A R W E L L S , V ice-P r esid en t
W . S . C O C H R A N , V ic e-P r e s id e n t
r.
O .L .C O C H R A N , Presid en t
G E O . G .T IM MI N S ,A s s t.Ca sh ier
>-*• L . R U S S E L L , A s s t . C a s h i e r
H . B . B R I N G H U R S T , A s s t .C a s h i e r
ET. R U S S E L L , C a s h i e r
J.W .H A Z A R D ,A s s t.C a s h ie r
THE FIRST NATIONAL B A N K O F H O U S T O N
1644
HOUSTON, TEXAS
January 30th, 1914*
Mr
.Sturdevant,
President, Stone Fort Uat’ l Bank,
Nacogdoches, Texas*
My dear Mr.Sturdevant:
You are doubtless fa m ilia r with
the work of the Organization Committee in conducting
publio hearings at various points, fo r the purpose
of determining the boundary lin es of the regional
d is tr ic t s and the location fo r the headquarters of
the Federal Reserve Bank in each*
On February 9th and 10th such a
hearing w ill be held in Austin and the testimony of
the bankers in th is section generally, whether written
or o ral, would be very h elpful to Secretaries IfeAdoo
and Houston in arrivin g at a conclusion*
As a member of the lo c al committee
I hope that you ere planning to attend the hearing at
Austin and that in the meantime you w i l l write me,
giving an expression of your views concerning the
location of the proposed Federal Beserve Bank in this
te rrito ry *
With very best personal regards,
I am,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Mr.Oscar Wells,Chairman,
Houst on, Texas.
Dear M r.W ells:Your le t t e r o f the 31st ultiz-mo refering
to location
The Federal Reserve Bank fo r th is d is t r ic t
rec6&*ed£ W ill state I have signed the formal appli
cation recently received from The Treasury Department fo r
the location for such a bank at Houston.
Tn
o f the ^act that Houston i s the conceeded center
o f the lum ber,oil,rice,cotton,and vegetable industries o f
^oxas i t seems to me that your chances are especially food
fo r securing this regional bank.Sfcch large industries
centered in wouston,together with your splendid and r&pidly
expanding large r a i l and water f a c i l i t i e s fo r the exchange
o f commerce should appeal to the committee.
Volmume ard v—ariety o f business to gether with your
NXJtlPAlRALL^p a c c e s sib ility are certainly strong points
to o ffe r in the contest with your riv a ls *
volume and a c c e ssib ility as I see i t are the strong points.
Your city easily leads other c it ie s in the state in this
respect. Wishing you the best o f good luck in you appli
cation and with kind rqpesrds and b&st wishes I remain
Vel
iQ ; President
Reproduced from the Unclassified I Declassified Holdings of the National Archives
No.10275
J . H . WOOLLEY, P r e s i d e n t
T. A.COZART, V ic e - P r e s t .
W.T. HOLLIS, A c t iv e V ic e -P b e s t .
A . J . ROGERS, C a s h i e r
m m ',
OF
NO RM AN G EE
C AP IT A L STOCK $ 2 5 , 0 0 0 . 0 0
SURPLUS $ 2,500.00
s /s-i4
Mr.Oscar W ells,
Houston, Texas,
Dear M r.W ells,Relative to the matter of the
location fo r the headquarters of the Federal
Reserve Bank, we are frank to say^that Hous
ton is our f i r s t choice, with Dallas second.
I beg 60 remain,
Tours very tru ly ,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
S T A R K , P R E S ID E N T .
I L L E R , V IC E -P R E S T .
B ROW N, V IC E -P R E S T .
J .O .S 1 M S ,
C A S H IE R
E.E.M® FA R LAND, a s s t c a s h i e r .
A. E. BUNN, A S S T C A S H I E R .
4118.
The F ir s t N a t i o n a l B a n k
O R A N G E ,T E X A S .
Capital Stock paid in. $100,000.00
S u rplu s Fund $100,000.00
O r a n g e ,T e x a s , petnmiy 2,1914.
Mr* Oscar TCells, Chairman,
Houston, Texas •
Dear Mr. Ytells: —
Your letter of Hie 31st ult. is received,
regarding meeting of the Organization committee, hearing to be
held at Austin on the 9th and 10th inst., for the purpose of
locating headquarters of a Federal Reserve bank in Texas.
It is not probable that the writer can attend
the meeting, but wish to assure you that it is our desire that
the Federal Reserve Sank be located at Houston, as we believe
Houston to be the mee t convenient, and centrally located city
of the State for tfeat purpose, as business can be transacted
from the biggest portion of the state with Houston in the
shortest time, on account of the railway facilities, of any
other city in the *Hate.
As we ^ ill not be represented at the meeting,
we trust that this letter can be used in expressing our desire
for a Federal Reserve Bank to be located at Houston, aid we
believe that your local committee can advance information that
will tend to have the reserve bank placed there.
Te desire for a Federal Reserve ^ank to be
placed in Texas, and our second choice would be Dallas, but the
quickest service could be obtained if it was located at Houston,
Assuring you of our best wishes for the
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DIRECTORS
6. W. B a n c r o f t .
A, J. B a n c r o f t .
G. W. B a n c r o f t , Presidenf.
S. C. T r i m b l e , Vice-Presf.
S.
G. M. S e l l s , Cashier.
W. L . J o i n e r , Ass'fCashier.
G. M. S e l l s .
G eorge C all.
No.6050
Til 01AN6E NATIONALBANK
OF ORANGE, T E X A S
Fab, 2nd. 1914.
Mr. Oscar W ells, Vice-President,
The F irst National Bank,
Houston, fi’exas
Dear S ir
We unconditionally favor Houston
as a location fo r the Federal Reserve Bank,
covering the te rrito ry we are in.
I am
sorry indeed that none of us w i ll be at
the Austin meeting on the 9th. & 10th.,
in s t ,, but can hardly sea how Houston*s
location can be overlooked as i t appears
to us Houston can serve the largest
te rrito ry to the best advantage.
With best wishes, I am,
Yours truly,
Cashier,
C.
Trim ble.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Mr*
Oscar
W e lls ,
C ha irm a n ,
H ouston,
Dear
S ir:
Your
1
beg
T e x ,.
tc
h e a rin g
state
at
preference
favor
that
A u s tin ,
fo r
of
the
w h ile
we
Houston
have
as
31st
we
is
w ill
re ce ive d .
not
expressed
the
p o in t
be
to
Yours
a b le
the
w here
lo c a te d .
tru ly ,
in
to
O rg.
the
re p ly
attend
Com.
Bank
the
our
sh o u ld
be
Reproduced from the Unclassified I Declassified Holdings of the National Archives
T.J.RECORD, Presi dent .
A . p . p a r K , V ice Pre si de nt .
T.G.HENLEY, A c t i v e Vice Presi dent
NEVILLE BROOKS, Ca s h i e r .
Jh e
Ci t y
C A P IT A L
Xa
t io x a i.Bax k
and S U R P L U S
$ 3 0 0 ,0 0 0 .0 0 .
Paints , Tirx vs
February 2, 1914
Mr. Oscar W ells,
Houston, Texas*
- y dear Mr. W ells
I am in receipt o f your favor
o f the 31st in st. wiiich has reference z o the
federal reserve hank for th is te rrito ry .
’W ill
say that the hanks o f P aris have pledged them
selves to support D a lla s , and , in consequence
o f this they cannot give you any encouragement
except that i f we see D allas can not get i t , we
would he glad to favor Houston as our second
choice.
Yours very tru ly ,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
G W. S A N D E R S, V i c e - P r e s .
G: F. H I N D I S , P r e s i d e n t
T. C F R O S T , V i c e - P r e s .
R. S. N IX O N , C a s h i e r
NO. 6 9 8 9
lY li: l^ iA H S A L Ii X lT IO X A L liA X K
CAPITAL. $ 1 0 0 ,0 0 0 .0 0
S U R P L U S $ 4-0,00 0.00
D IR E C T O R S :
S .F .H I N D E S
E .A .L I L L Y
T. C . F R O S T
J.E .B E R R Y
G .W . S A N D E R S
S. C. R O B E R T S
R . L. B R O W N
G .H .B E E V E R
R . S .N I X O N
l ) K ABSAIJi>,te X A S t
Feb. 3,19X4.
M r.O se a r
Mg
Sear
W e lls , V ice P re s* ,
The F i r s t n a t io n a l Bank,
H o u s to n , Texas*
Mr .W e lls :
In
lo c a tio n
of
the
f ir s t
ch o ice
w o u ld
"be S a i n t
for
hank
the
for
the
th at
in su re
I f
you
in
A u s tin
on
the
We
we
money
to
Beserve
Federal
Lo uis*
reason
and
Federal
re p ly
Bank
Keserve
make
th in k
S a in t
it
re ad ine ss
n o th in g
yours
of
"beg
for
prevents,
to
Bank
L o u is
w o u ld
a d vis e
our
g ive
w ill
very
tru ly ,
in
that
firs t
Texas
re -d is c o u n ts
I
in st
re
our
this district
for
9th.
Yours
3d.
the
he
a
at
g la d
choice
"bigger
a ll
to
times,
see
mmsm
Reproduced from the Unclassified I Declassified Holdings of the National Archives
M
AVCR/CK-CLANK£
P flu
g e r v il l e
, Te x a s .
Feb.
4,
1914
M r.O s c a r W e lls , V ic e P r e s t .,
F in a l N a tio n a l Bank,
H ouston, Te xa s.
My d e a r M r . W e i I s : I h a v e y o u r l e t t e r a s k i n g l e f o r am e x p r e s s i o n
a a t o t h e l o c a t i o n o f a F e d e r a l R e s e r v e B a n k . H o w I am o f t h e
o p in i o n t h a t Te x a s s h o u ld have one o f th e s e B a n k s , and t h a t th e
l o c a t i o n s h o u ld be e i t h e r a t H o u s t o n o r D a l l a s .
I w i l l be a t th e m e e t i n g i n A u s t i n F e b r u a r y 9 t h and
1 0 c t h , and w i l l be g l a d to see y o u t h e r e .
E i t h k i n d e s t r e g a r d s , I am,
V e ry t r u ly youra,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
RESOLUTION 07 PHARR COMMERCIAL CLUB
WITH REFEREHCE TO LOCATING A REGIONAL RESERVE BA1E Hr TEXAS©
Vkereas tke fed eral Reserve Act, recently passe# by Congress,
constitutes tke Secretary ef tke Treasury, tke Secretary ef
A griculture and tke Cemptreller ef tke Currency tke "Organization
Ceramissiea" t® f i x boundaries ef d is tr ic t s and reserve c it ie s , and
Wkereas tke State e f Texas occupies an important geegrapkical
position, bordering on tke Gulf ef Mexico and tke Republic ef
Mexice te tke seutk, and on tke rapidly growing States e f New
Mexice, ®klakemas Arkansas and Louisiana te tke west, nertk and
east, and
Wkereas tke State ef Texas is tke large st State ef tke
United States, witk proportionate ag ric u ltu ra l, commercial and
in du strial development enljc a skert way o ff, and
Wkereas tke expert and import trade, tkreugk Texas perts,
added te it s own immense development, make tke State ef Texas
certain ef continued and constantly increasing commercial impertance, and
Wkereas, during it s peried ef d e T e l e p m e n t * tke mammetk State
Texas, witk it s m illions ef acres ef rick a g r i c u l t u r a l lands and
it s vast commercial enterprises, especially needs tke b e n e f i t e f
an e l a s t i c and d e p e n d a b l e c u r r e n c y ,
ef
Tkerefore, tke Pkarr Commercial Club resp ectfu lly requests
tke “Organization Commission" te lecate one e f tke regienal
reserve banks in Houston, er at ene ef tke several suitable
banking centres within tke boundaries ef eur State.
I t is furtker reselve«f/tkat it s Secretary sk all mail copies
of tk is resolution te tke said "Organization Commission” and to
tke Houston Ckamber ef Commerce*
Jan. 17, 1914.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W. C. MATHES, Vic e -Pr e s t .
J. H.SLATON, Presid ent .
G UY J A C O B , Ca s h i
O F
P L A IN V IE W .
CA P ITA L $100,000°?
SURPLUS
n
a n d
/
UNDIVIDED P R O F I T S $ I 6 0 , 0 0 0 Q
/
/
/
o
Feb. 3rd, 1914.
Mr. Oscar W ells, Chairman,
Houston,
Texas.
Dear Oscar;We are in receipt of your favor of the
31st u lt ., and as it w ill be impossible fo r us
to be represented in Austin on the 9th and 10th,
beg to advise you that we are very anxious to have
one of the Reginnal banks located in Texas, and
i f there is anything we can do to help your com
mittee in locating one of the Regional banks in
this State, we w ill be only too glad to comply
with your request*
Yours tru
GJ-MGH
Reproduced from the Unclassified I Declassified Holdings of the National Archives
JOHN CLARK,P res id en t.
WILLETT WILSON,Vic e Prest
W.C.NQBLE,Cashier.
F IR S T NATIO NAL, B A N K
CAPITAL $35,000,00
s u r p lu s $ 3 0 ,0 0 0 0 0
P O U T L A V A C A , TEXAS
2/ 5/ 14/
Mr, Oscar, W ells* Chairman*
C/e, f ir s t Watitnal Bank*
leusteit* T*xas,
1>ear f i r ,
*
la reply te yeur lit t e r ef tke 31st, fan, w ill
say tkat > as yeu well knew, tke Waskinften autkerities
are sendin* eut requests 1 an€ carts en wklek answers are
te be aaie» te baks threugkeut tke eeuntry» request in*
expressiens as te leeatlen ef legisn al Banks,
Tkess seat us Have keen answers*» we giving
as eur fir s t ekei@* fer tke ieutk West * Weusten* f secern*
ekeiee> Dallas,
I f it w ill be pesslble fer tke writer te
be in Austin en tke 9tk an# letH, w ill be tkere,
I am very truly yaurs*
Caskier.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
J. H. P. D A V IS
~ ir
R
M r.
Oscar
in
Federal
Tescas,
Reserve
in
i4’e t
4 th , 1914.
S ir :-
the
one
e x a s
Texas.
Replying
to
, T
W e lls ,
H ouston,
Bear
ic h m o n d
Bank
to
your
R eserve
and
in
i f
our
favor
.Bank.
we
are
State,
J-'eg
of
Jany
to
say
fortunate
then
I
31st,
w ith
reference
that
we
sh o u ld
enough
to
got
th in k
it
sh o u ld
a
Be
have
Federal
lo c a te d
H ouston.
I
fe e b le
way
assure
to
I f
meet
you
in
get
it
is
A u stin
you
the
that
Bank
p o s s ib le
on l?eby
I
w ill
do
a ll
lo c a te d
in
your
to
&et
fo r
9th
me
and
W ith
th a t I
can
in
my
c ity .
away
from
home,
w ill
10thf
k in d e s t
regards,
Yours
I
very
am.
tru ly ,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
A . M . H O L M E S , 1ST V i c e P r e s i d e n t
J .R .F A R M E R .P r e s i d e n t
E . G .W E S S E N D O R F F , C a s h i e r
E .M .H U G G IN S ,2 h p v ic e P r e s i d e n t
J .W .E .S T E P H E N S ,A
s s t
N 9 1035 0
R i c h m o n d , T e x a s
February
3rd.
I S 14
M r.O s c a r W e lls ,
My D e a r S i r ;
1 f u l l y expected to a tte n d
th e m e e tin g o f th e O g a n i z a t i o n C o m m ittee
in H o u s to n ,b u t since th e y have changed
the m e e ting p la c e to A u s tin dont th in k
1 can a t t e n d , th o ug h o u r M r.E .G .T / e s s e n o rff
may
a tte n d the A u s tin m e e tin g .
1 th in k
the p ro po se d F e d e ra l Reeerve
B a n k f o r t h i s t e r r i t o r y s h o u l d be l o c a t e d
in H o u s to n ,Te x a s .
W ith
best personal
reguards,
1 am
Yours ve ry t r u ly
.C a s h ie r
M
Reproduced from the Unclassified I Declassified Holdings of the National Archives
C H A S .G . J O H N S O N , P r e s i d e n t .
A R T H U R MATH I S , V i c e P r e s .- C a s h i
er
A. L. B R U H L , V ic e P r e s i d e n t .
J A S . G .H O O P E R , A ssT C a s h
N9 4 4 3 8
.
ie r
THE FIRST NATIONAL BANK
ROGRPORT, TEXAS.
C APITAL
#
5 0 ,0 0 0 .0 0
SURPLUS
&
2 5 ,0 0 0 .0 0
February 3rd., 1914#
Mr. Oscar Wells, Chairman,
Houston,
Texas,
My dear Mr* Wells;—
lour letter of the 31st* regarding
the location of the proposed Federal Reserve Bank in
this territory received#
It is not at all probable that
I will be able to attend the hearing of the Organization
Gommitte at Austin on the 9th* and 10th*, but my choice
is Houston first, Dallas second and New Orleans*last of
all*
It appears to me that our territory should consist
of states wholly west of the Mississippi and to extend as
far north as possible*
Tours very truly,
Tice President & Cashier.
.
M
f lM
il
Reproduced from the Unclassified / Declassified Holdings of the National Archives
J .H .W E A R , PR E5IDENT.
W . B . T H O M A S , Cash i e r .
C.D.SEYBO LD, ASST. CASHS
W.M.SHOT WELL, A sst Cashs
D? G.T.THO MAS, V. Prest .
Fir
Na
st
Ba
t io n a l
C A P I T A L
$ 5 0 ,0 0 0 °°
S U R P L U S
$ 2 0 ,0 0 0
ROGERSJEXAS,
Feb.
3/r.
Os c a r
W e lls ,
2 n d-1 9 14
C ha irm an ,
H o u s to n -Te x a s .
Dear
M r.
favor
h e ld
of
at
a d vise
w ill
I
favor
;-
I
a ckn o w le d ge
Jan.
31st,
A u s tin
on
F e b .9 th
is
my
that
g ive
Federal
W e lls
me
it
re g a rd in g
R eserve
to
the
Bank
the
to
meet
to
be
beg
to
to
attend,
and
it
your
there
of
th is
and
your
I
lo c a tio n
serve
of
m e e tin g
10th,
in te n tio n
p le a su re
HOUSTON as
and
re ce ip t
the
and
that
proposed
te rrito ry .
n k
,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
G . T I P S ,P R E S I D E N T
E
FR A N K
a l f » e d Tt i p s
E.W. G EftHA ROT
L.L.NU SO M
N U S O M ,V lC E P R E S .
L . L . N U S O M ,C A S H IE R
$ 6 Q ,o o o ° °
c a p it a l
-----
^
TOM D R O M G O O L E
R
U
N
G
E
t T
E
X
A
s e e rs ' 'd szo-trS~
&
.
* _/
'ZSZSlpr'
/C *
40'Z*-' ^
^
^
e-^yrt-
s
’
S
^
^
0*-/ ^ , - e ^ e l j i ^
/
/
& ^ c^<.€pC
set**,
yr
^
Reproduced from the Unclassified I Declassified Holdings of the National Archives
R O S S R . K E N N E D Y ,P r e s t .
LEON F. H E A R D .V ic e P r e s t
N° 7807
—
RO Y J . D A V E N P O R T , C a s h i e r
P
CAPITAL
SURPLUS
L -l l-l M A
$65.0005’
'?
S a b i n a l ,T e x a s
M r.
Oscar
'"e lls ,
Houston,
Bear
S ir;
I
have
Federal
Beserve
and
to
beg
recommend
be
to
lo a c te d
attend
Bank
a d vis e
M r.
in
At
to
your
favor
fo r
that
th is
we
McAdoo
in
regard
d is tric t
expect
that
a
to
bahfc
H ouston.
th is
the
Texas.
tim e
A u stin
Yours
I
do
not
h e a rin g .
very
tru ly ,
expect
Reproduced from the Unclassified I Declassified Holdings of the National Archives
S . W O O D A L L , P r e s id e n t .
A L V Y L . B L A I R . V lC E - P R E S T .
J . H. B A R B E E , CASHIER.
H. J . W IL L IA M S O N . A S S 'T CASH,
Th e Fir s t N a t i o n a l Ba n k
CAPITAL AN D SURPLUS, $80,000.00
S
WE OWN O U R BANKI NG H O M E .
M
a n
a r c o s
,T e
x a s
Feb 2nd 1914
Mr
Oscar
F irs t
W e l l s t? i c e
N a tio n a l
P re s id e n t,
Bank,
H o u s to n .Te xa s*
Dear
Mr
W e lls
R e g ard in g
Federal
R eserve
B a n k ,b e g
o p in io n
Houston
is
and
th is
bank
A u s tin ,T e x a s f
the
lo c a tio n
w ill
on
of
the
the
9th
of
m e e ting
you
say
a
that
in
the
our
it
re p re se n ta tive
at
and
that
p la ce
of
fo r
R e g in a l
Tru s tin g
p le a su re
to
lo c a tio n
lo g ic a l
have
Feb
the
10th
Bank
I
th e re ,I
Yours
a d vo ca tin g
in
may
your
have
C ity *
the
am,
very
tru ly ,
C a sh ier*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W I L L G. B A R B E R , P r e s t .
<J. M. C A P E , V i c e P r e s t .
E . L . T H O M AS, A c t i v e V i c e P r e
C . L . H O P K I N S , Ca s h i e r
C H A S . R U D O R F , A s s t . Ca s h i e r
s t
.
C A P I T A L | 5 0 .0 0 0 ? ^
San Marcos,Texas
FEB 5
1914
XT'
/fa
Reproduced from the Unclassified I Declassified Holdings of the National Archives
U N I N C O R P O R A T ELD
S
e g u ix
T
e x a s
.
February 2. 1914,
Oscar W ells E sq:- Chairman,
Houston, Texas
My Dear Mr W e lle :Replying to your favor of the
31st ult,
I w ill try to be in Austin on the
9th or 10th .
We are of course very anxious
to see the Reserve Bank located in Houston,
and i f we can be of any assistance to your
committee, please do not hesitate to c a ll upon
me.
With kindest personal regards,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
F i r s t Na t i o n a l B a n k
O FFICER S
&
D IR E C T O R S :
CHAS WELHAUSEN, P res id en t
E . F .W O L T E R S , V ice P r e s i d e n t
Capital
and
Surplus
$ 1 0 0 ,0 0 0 ^ ?
W M G R E E N , Vice P r e s i d e n t
E ARL FRY,
C a sh ie r
PECK WELHAUSEN.A sstC a sh ier
P H I L I P WELHAUSEN,A s s t C a s h i e r
S h i n e r . T e x a s , February 2, 1914.
Mr* Oacar W ells, Vic© President,
F irs t National Bank,
Houston, Texas.
Dear S i r : I have received your le t t e r of January 31st in regard to
location of Federal Reserve Banks.
At a meeting of our directors held this a*m* i t was resolved
that our choice of location of Federal Reserve Banks was New York City,
Boston, Chicago, St. Louis, San Francisco, Atlanta* Denver and Houston.
Choice fo r this D is t ric t, Houston f i r s t , la s t and a l l the time. Have
mailed cards to the orgin&zation committe to this e ffe c t.
While we re a liz e we are not in a position to in te llig e n tly arrive
at a conclusion which would help a l l the banks in this d is t r ic t , but from
what we can learn from the press and otherwise i t seems to us that in case
Houston can^t be appointed as a reserve bank we would rather be attached
to Atlanta or New Orleans than St* Louis, notwithstanding the position
some of our San Antfcnio friends take to the contrary*
I expect to attend the meeting in Austin on the 9th and 10th
and w illno doubt hear some reasons why Houston 3hould not or should have
the reserve bank fo r this d is t r ic t .
With best personal regards, I am,
Respectfully,
Cashier.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Mr.Oscar W e lls,Chairman,
Houston,Texas.
Dear Mr .Wells
I had planned to be in Austin ©n one of the days fo r the pro
posed hearing by Messrs.McAdoo and Houston,but M r.G riffith has been
drawn on the Grand Jury and I cannot say ju st at this time whether
or not I w ill be able to leave Taylor on the days set for the
hearing.
In picking a place fo r the proposed Reserve Bank fo r this
section,we long ago decided on Houston,and we w ill do whatever we
can to a s sist in locating the Bank in your city . Houston is the
natural market for this section’ s chief product-cotton,and i t is
the centre not only of most of the Railroads in our %%ate,but i t
is the centre of the O il,the rice,th e cotton,the lumber and grain
intereste*and is no inconsiderable liv e stock market.
Houston*s great volume of business.and it s a c c e s s ib ilit y ,to a
large and prosperous te rrito ry , ought to be controlling factors in
placing the Bank in your c ity .
We sent in the name of Houston as our f i r s t choice,for the
location of our D is t r ic t ’ s Reserve Bank.
Yours Very Truly,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
FRANCIS H.WELCH .Vic e P r e s i d e n t
JNO.R STURGIS,Vi c e P r e s id e n t
F.
ROBT.J.ECKHARDT, C a s h i e r .
THOMPSON H A 6 U E ,A s s i s t a n t C a s h u
L .WELCH, P r e s i d e n t .
T h e F i r s t ^Na t i o n a l B a n k
C A P IT A L $ 1 5 0 ,0 0 0 0 °
E S TA B L IS H E D
I8 S 3.
191j^
Ta y l o r ,T e x a s ,
1/a-—
ftv
1
JLC^6A-----y/ V <_<T C«-
CT<
zz^ T '
°4>V/
__
■>uT
-=dLZ$~
-s/^
_^
c/C^^
/ ]/
— - ^ "
I
,
^ < -c ^
/
Cjt^r
^
t
4<Le<stA
<caJCZj^
i/
^
— ik*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
FRANCIS H.WELCH,Vice President
JNQ.R STURGIS,V ice President
ROBT.J.ECKHARDT,C a s h ie r .
THOMPSON HA6UE,AsstsTANTCASHM
F. L.WELCH,P r e s i d e n t .
T h e F i r s t N a t i o n a l ,B a n k
C A P IT A L $ 1 5 0 ,0 0 0 0 0
E S TA B L IS H E D
-A
I8S 3.
Ta y l o r ,Te x a s ,
'l j _
/UkjljL
&Vi
191
Reproduced from the Unclassified I Declassified Holdings of the National Archives
N9 .3 859
Ta
Na t io
T
ylo r
Bank
$250,000°?
nal
a y l o r
T
Taylor, Texas, February 2nd, 1914.
e x a s
Ur. Oscar W elle, Chairman,
o/o F irs t national Bank,
Houston> Texas.
My Dear W ells*~
I beg to acknowledge receipt of your le t t e r
of the 30th ultim o*# in regard to the location
of the Federal Reserve Bank in our te rrito ry .
We fe o l that Houston w i l l be our f i r s t
choice i f a regional bank is located in Texas,
but our second choice would be D allas.
Ofcourse,
we would lik e to aee one of these banks located
in Texas, and w i l l join in with others in trying
to locate one in the State * and disregard our
personal interest*
t expert we w ill be represented at Austin
on the 9th and 10th, and hope to have the
pleasure of talking the matter over fu lly with
you then*
With my very best personal regards, I
Reproduced from the Unclassified I Declassified Holdings of the National Archives
CHAS. M.CAMPBELL,President
W. S .ROW LA ND, Vice Prest
C .B . WADE, C ashier
G. W. ROWLAND, A s st C ash
J . L .C A R L I S L E ,A s s t C ash
DAN G .W IL S ON , A s s t .C ash
No. 6 3 I 7
(The(Ftfg^rntiattalTfjnnk
C A P IT A L A N D S U R P L U S
$ 2 0 0 , 0 0 0 °_°
(Temple, Sexas
February 3rd, 1914,
Mr. Oscar W ells,
c/o F irst National Bank,
Houston, Texas.
Dear S i r : I have your favor 30th, and beg to
advise that our dioice fo r the location for
the reserve bank was as follow s! f i r s t ,
Houston, second, D allas, third, St.Louis.
Yours very tru ly ,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F.F.
D O W N S ,P r e s i d e n t .
H . M . M c C E L V E Y , V ic e P r e s t .
P. L . D O W N S ,C a s h i e r .
C .B .H U T C H I S O N , A s s t . C a sh r ,
J A S .P A T O N , A s s t .C a s h r .
L EM B U R R , A s s t . C a s h r .
F I R S T NATIO N AL BANK
CAPITAL $ 1 0 0 , 0 0 0 . 0 0
SURPLUS
$ 1 0 0 ,0 0 0 .00
1914
TE M PLEJEXAS,
TJfr* O s c a r
C h a im ia a
,
Tty Dear Hr* W ellat*
el&taer tiy
go before
I sin in receipt &£ y o u r f s v o r o f t h e
and
I trill b e in Austin on t h e 1 0 t h , t o
HcAdoo and ffmiston, i f they desire
"brother o r
S e cre ta rie s
I f t&ere i s ao chance fo r u$ to get on# in
Texas, i$*lch X hope there w ill be, I p refe r St* Louis next.
seems lik e we ought to work i t mo thet we can
get one located in Texas*
If
I
can
be
of
any
s e rv ic e ,
p le a s e
Tours'truly*
command
mm*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
JNO. A. GR EEN
n e g o t ia t o r o f
Farm
and
Ranch Lo
ans
F IRST N A T IO N A L B AN K BUILDING
TEMPLE, TEXAS
“ loans made, not just talked about”
Temple,
Texas,
January 2,
1914,
Hon, Wm. McAdoo,
Secretary
of Treasury,
Washington,
7>.
0.
Bear Sir*.I
wish to add ray ajjproval
concerning the recently passed Currency B i l l ,
ing the City o f Houston,
In my opinion,
Texas, as
Houston is
to many that
and take this method o f suggest
one o f the Regional
the
I am sure you have received,
lo g ic a l
Gity
Reserve Banks.
o f the great
South-West,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
J . V. V A N D E N B E R G E , P r e s t .
T D. W O O D , V i c e - P r e s t ,
P A .M U R R A Y , Cas h ier .
J . H .W E R T H E IM E R ,A s s t . Cashier.
D I R EC T O R S
T. D . W O O D
U. K. H E X T E R
J. M R O S B O R O U G H
T H O S . O'CO N N O R
W M . J . O ’C O N N O R
L.FT J E C K E R
U.'J'. V A N D E N B E R G E R A . M U R R A Y
V. B . P R O C T O R
G U AR AN TY BOND BANK
(
a p
ITAL
j
0 0 , 0 0 0 .oo
V i c t o r i a ,Te x a s ,
C a p it a i.
S T O C K H O L D E R S ’ L lA H IL lT V
B o n d L ia b il it y
S 2 0 0 .0 00 .00
2 0 0 ,0 0 0 .0 0
2 0 0 ,0 0 0 .0 0
T
S B O O ,0 0 0 . 0 0
o t a l
R
k s p o .v s i b i l i t v
February 2, 1914*
Mr. Oscar W ells, Vice President,
F irst National Bank of Houston,
Houston, Texas.
Dear S i r : I have yours of the 30th ultimo
and
in reply w ill say that I would lik e very much to
go to Austin and be present on the 9th and 10th,
however, I cannot t e ll at this time whether I w ill
be able to go or not.
I should very much prefer
to see the reserve Bank located at Houston, and of
course i f we cannot get it in Houston, I would be
favorable to D allas. The interests of Texas that this
bank would serve, I fe e l are greater in South Texas
than in North Texas.
With best personal good wishes, I am,
Yours very tru ly ,
_
PAM-K.
Cashier.
from the Unclassified I Declassified Holdings of the National Archives
D IR E C TO R S
JA3.F. WELDER
P r e s id e n t
C.S. E. HOLLAND
Vi c e P r e s t .
JAS. P. WELDER
A.M. MS FAD DIN
JOS. O’ CONNOR
CAPITAL.
F. S.BUHLEft
T. P. TRAYLOR
R.H. WELDER
JOHN J. WELDER
C.3. E. HOLLAND
MARTIN O’CO NNO R F. 8. BUHLER
10360
I 5 0 0 ,0 0 0 9 ?
C a s h ie r
CHA8. C. ZIRJACKS
A s s t . C a s h ie r
U N IT E D S T A T E S
D E P O S IT O R Y
u
February 2nd, 1914,
Mr* Oscar WefcLs, Chairman,
Organization Committee,
c/o F irs t National Bank,
Houston, Texas*
My dear Mr* W e lls :Your favor o f the 30th u lt * , received, in which you.
inform me that public hearings w ill be conducted fo r the pur-
CLs
pose of determining the boun^ry lin es o f the regional d is tric ts
and the location fo r the headquarters of the Federal Reserve
Bank in each,on February 9th and 10th* In reply beg to say that
one of the o ffic e rs o f this in stitution w ill try to be on hand
at the hearing. However, in case we should not, desire to say
that the directors of this in stitution believe Houston to be
the lo g ic a l point fo r the location o f the Federal Reserve Bank^
and we believe Houston the lo g ic a l banking and business center
of Texas and Eastern Louisiana* Also on account of the Houston
// "
fr
River and the future Houston as a great shipping point, Houston
might also be considered the banking and business center for Hew
Mexico and Oklahoma.
In case we cannot attend we w ill be glad to submit, in
our humble way, arguments for locating such bank at Houston.
With kind personal regards,
Yours
CSKH/01
Reproduced from the Unclassified I Declassified Holdings of the National Archives
WESTERM UNION
D AY E 2E T T E R
T H E O. N. VAIL. P R E S I D E N T
RECEIVED A T 104*106 West Sixth Street, Austin, Texas
14 HO T 39 CLUE
10 EX
I
VICTORIA TEX
HON W G MCAD00
V
OR DAVID F HOUSTON.AUSTIN
THE MIDCOAST SECTION OF TEXAS
THE GARDEN SECTION OF TVu^ y
STATE AND VERY STRONG FINANCIALLY
MADE A RESC W E CITY
FEB
THIS,
ASKS THAT HOmSTOI'UPTe XAS BE
BANK ESPECIALLY COMMENDS HOUSTON
VICTORIA NATL BANK C S £ H0L.-ANC
1150 Ah"
VI CE i ’Rc ST
Form2
6
8
9K
Reproduced from the Unclassified / Declassified Holdings of the National Archives
W h a r t o n Ba n k & T r u s t C o m p a n y
DIRECTORS:
CAPITAL
G.C.GIFFORD, P r e s i d e n t
P. G. BROOKS,Vice Pre s t .
$
5 0 , 0 0 0°£* S U R P L U S
$
G .C .G IF F O R D
B .C .R O B E R TS
WM. H O O D
P. G. B R O O K S
W.W. A R M S T R O N G
50,000°?
^
B.C. ROBERTS, Ca s h ie r
E.G. BROOKS, Asst .Cashie r
W h a rto n ,T e x a s
Febnuary,2, 1914.
Mr. Oscar Wells,
Chairman Organization dommittee,
Houston, Texas.
Dear Mr. Wells;
I am ju st in receipt of your le t t e r of the
30th in s t ., and in reply "beg to advise that i t w ill not
be possible fo r any of us to attend the hearing in
Austin on February 9th and 10th.
My knowledge is rather limited as to what
would be the best location fo r a Regional Bank.
It
seems to me that the Bank should be located in the city
which would be most centrallylocated in the territo ry
in which i t is to serve, and my conclusion from what
thought i have given the matter, is that possibly
B alias would be the proper place fo r the Institution,
although personally x would much rather see Houston
get the -^ank.
Regretting my in a b ility to attend the
hearing, I am,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Reproduced from the Unclassified I Declassified Holdings of the National Archives
W ESTE||| UNIOt
teleSr a m
TH E O. N. VAI L, P R E S I D E N T
R ECEIVED A T Wyatt Building, Cor. 14th andFSts., Washington, D. C. A^ s
263 AN HY 17 COLLECT GOVT
HOUSTON T E X AS DEO 26 1913
BYRON R NEROX
WASHINGTON DC
COURT ROOM IS AVAILABLE UP
]q 0 1
TO FEBRUARY TWENTY THIRO /lOUSE
/
CUSTODIAN
/
607 P
Form1
6
8
Reproduced from the Unclassified I Declassified Holdings of the National Archives
TR E A S U R Y D E P A R TM EN T TELEG R A M .
WHERE WRITTEN:
W a shin gto n,
R18KRTB BAHK ORGANISATION CGKlITm*
TO
January 29g 1914*
Chal rtmnt
C le a rin g
House
A& aoG iation,
Hauaton, Taxa#.
H earing o f
w i l l b* h o l d T*»<J®ral C o u r t Hocra, A u s t i n ,
Monday* F e b r u a r y n i n t h * n in e i U l U
W i l l b e g l a d i f y o u w i l l w i r e rae
t b o e e d e s i r i n g to appear* n u l l i n g d u p l i c a t e t o Bank E i m a ia e r
i * t f o u r huntirod s l g t i t ftaet tj r e a t b e r f o r d S t r e e t * F o r t W o r t h *
Reserve
O F F IC IA L B U S IN E S S .
GOVER NM ENT R A TES .
Secretary
B-uik O r g a n i z a t i o n C o m m it t e e *
o m c iA j* *
C h a r q e T r e a s u r y D e p a r t m e n t , A p p r o p r ia t io n f o r _______ _________________________________________________________________________________________________________
2— 6827
The appropriation from which payable must be stated on aboye line.
DEPARTMENTAL STOCK FORM 2 12#.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
TR E A S U R Y D E P A R TM EN T TELEG R A M .
WHERE WRITTEN:
W a sh in gto n,
RKSERYE BkW ORGANUATIOH CQUHXTTKK.
To
January 29, 1914*
Chatman*
Ch&sfeor Commerce*
Houston* Texas*
Hearing of Coomlttee w ill be held Federal Court Room, Austin,
MoikUs't February ninth* nine A*M* Will te glnd if row w ill wire m#
lis t of those desiring to appear, mailing duplicate to Bank gxaiai ner
J*l«*?enix9 four hundred eight last Weatherford Street, Fort Worth*
Secretary
Heserve Bank Qrganiiat ion Committee*
O F F IC IA L B U S IN E S S .
GO VER NM ENT R A TES .
om ciAi,.
C h a r g e T r e a s u r y D e p a r t m e n t , A p p r o p r ia t io n f o r ________________________________________________________...
2— 6827
The appropriation from which payable must be stated on above line.
DEPARTMENTAL S TO CK FORM 2128 .
Reproduced from the Unclassified / Declassified Holdings of the National Archives
P □ SJTA L.
TELEGRAPH-
LETT
NIGHT
L IV E R S T H I ^ N f S H T L E Y T E j§6 FiAM S U B J E C T T O THSE
T H E P O S T A L T E L E G R A P H -C A B L E C O M P A N Y (IN C O R P O R A T E D ) T R A N S M IT S
T E R M S A N D C O N D IT IO N S P R IN T E D O N T H E B A C K O F T H IS B L A N K
j*
\
J\
JbLARENCE H. SVIACKAY, P r e s id e n t ,
RECEIVED A.T
I N Dv wE P
ENDEN
T
mmv m *
mm
■HTS7STCT
.... p , ,
^“Keuatea
M C
Ia% 2nd *14
ff* x * 9
Secy Jtaaarra Bank Qrganizat ida^ Coggi ttee, Washington DC*
The fallowing parties will appear In hamtiaai littreiti before centtittee
at Austin
ninth, Thes
H Ball, W C Hogg, 1 A Peden, B B Gilmer,
A S Cleveland Lynch D*rid#iHt Jne H KirTiy, M E
Andrew#, J T Girona,
J T McCarthy, T C Dunn, B B Rice, J ▼ Wilkinson, Oscar Walla, Lynn P
Talley, H I Meadows, A L Nelma, 1 L Gehlnan, J M Rockwell, D S Cage,
C L Deeel, J S CulUlian J E McAehan, Herbert Gedwin, Adolph
Scett and
sareral interior
Beldt, J T
liankere aho so names will fee fumiehed at
tearing duplicate list mailed Hr Penix ae
directed.
Heiiaton Clearing Heuse,Assn,
By J T
Seett Prest Heaatea Cfcaafrer of Cenaairca, By Osaar
Chairman.
Walla
@FedFRASER