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http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 122.5-11 - Oklahoma Appeal (Part 3) Boundaries of FRDistricts Tip ATFG g C ITN p22.j,"7.Ii PI:1B LAM:UIIEncts 1 1TIIINWIEltk2. AM) 1 3 COAll.01•Writri 18113 ) 41111(31%.(;(() - NT: lit3111‘- 1.t):; I ( 4V ) ) CAMAIC ALIPADICIA .4 . 3 'zinstaaular, cialcAuto" http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis :75 (II)TIrxruuILATI:ra ‘i.`3 -..Taay:I. : , CIECIECACLO) Sept. 10, 1916. SecretF,ry, Feaeral Reserve Bank Committee, Washington, D.C. Dear Sir: Referring to your favor dated Hay 7th, In this letter you adviseu us that all counties in Oklahoma, would be in District 410, excepting the counties of Mhrsnali, Bryan, Choc— taw, Pushmatana and McCurtain, which would remain in District #11. We have been advised by vie Federal Bank of District #11, tn,Ht the counties of Coal, John— ston, and Atoka, also belong to District #11. Has this charre been effectea since we received the letter of Ehy 7th, lvlb from you? We are enclosing a map showing the bound— aries of the Feueral Reserve Bank Districts which we ask that you kindly correct up to date for our benefit, or favor us with a copy of tne presenu boundaries of all the Federal Reserve Bank Districts in the United States. Thanking you in aovance for your Kind attention TO this matter, we remain, EcEivE . Yours very truly, Rand , . /IT„ Co.„ tr ST/HD •- r I } 1Z-1 At a Stated meeting of the Federal . :Reserve Board, duly held at dig office in the City of Washington District of Columbia, Nap PRESEN T: Er. Mr. Er. Er. Er. Er. Hamlin, Governor Delano, Vice Governor Miller Harding Warburg Williams In the I.- tter of the Petition a -ofB . CERTAIN MEMBER BANLS IN OKLAHOEA for transfer from Federal Reserve District No. II to Federal Reserve District No. 10, of all Oklahoma Counties now included in District No. 11, except the Counties of Marshall, Bryan, Choctaw, Pushnataha and McCurtain. ORDM GRANTING TRANSFER OF THE COUNTIES OF ROGER MILLS, CUSTER, BECKHAM, '.VASHITI., .11;in.7.7oK, GR.aa".., 1 KIOWL., JACKSON, TILLMAN, CADDO, COLANOHE, COTTON, GRADY, STEPHENS, JEFFERSON, I:COLLIN, GARVIN, MURRAY, CARTER, LOVE, PONTOTOC, JGENSTCV,A4-5 COAL, ATOKA, PITTSBURG, HASEF.T,L, _ LATILER, LE FLORE, BEING ALL THAT PART OF OKLAHOMA. NOW INCLUDED Ill DISTRICT 110. 11 WITH TEE EXCEPTION OF THE COUNTIES OF MARSHALL, BRYAL, CHOCTAW, PUSHEATAEA AND CCURTAIN TO FEDERAL RESERVE DISTRICT NO. 10 tv17 vAAgi , 4 3 4,4.1 Ari...A5 Frank Craig, President City National Bank, nAlester, Oklahoma, CZT4til Guy C. Robertson, Cashier First National Bank, Lawton, Oklahoma and W. B. Harrison, Secretary Oklahoma Bankers/ Association of Oklahoma City, Oklahoma, acti) 's ,a Committee renresenting certain Oklahoma Bankers, having 4-440 , filed with this Board for the purpose of obtaining the transfer of all that portion of Oklahoma which is included in District No. 11, of the Federal Reserve System, with the exception of the Counties of Farshall, Bryan, Choctaw, Pushmataha and LcOurtain, to District No. 10, and the said petition having been duly heard and considered,by this Board t4tterh1- petri-t-ken-4s-stteteff the briefs--83441-arcz9nts presented topar.d.-amtl-b7, -the --facts af5 -certai22.ea..1-ov,-, therefore, it , is / /14 442Zu 6A444. A.,,,4444 64v ,- 4 1 s-oAet 1./ http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ; 1. 2:2.at the said petition be and it hereby is granted and that the said counties of Roger L111s, Custer, Beckhan, -,ashita, Harmon, Greer, Kiowa, Jackson, Tillman, Caddo, Comanche, Cotton, Grady, Stephens, Jefferson, LeClain, Garvin, ::urray, Carter, Love, Pontotoc, Johnston, Coal Atoka, Pittsburg, Haskell, Latimer, Le Fiore, be and the scr-e are hereby transferred from District 1:o. 11 to District Ko. 10. 2. That the Federal reserve banks of Dallas and and the said banks are hereby directed and authorized necessary to make effective no transfer of the banks specified„in accordance with the terms of this order Reserve Let. Kansas City be to take all sterm hereinbefore and of the Federal BY THE FEDI:RAI RESERVE BOARD, il111* Governor. Attest: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis L;ecretary. At a Stated :zeetini- of the Federal , Reserve noara, d315- :!:eld at its office, in no city of ashincton, District if Cc1ambie4 IZ 7is S F. IT T : :Or. Hamlin, Governor, lir. Delano, Vice Governor, ET, :liner, :At. Harding, L. Warburc, r. Tillians •414.00411.41 11 000*00.404041.4fido ***** ilk0...184.108.40.206. 11,4, 611 011.77 GRA72E7G TRA1SF717. or Ti!! COUITIES OF ROG7R MILIZ,CUSTER, In the Latter of the Petition 11,X10711 . 3DO'ICHLWASHITA,HARMN,GHTT JACKSON„TILLLINN„CADDOIPCCANCHE, -of• COTTONARADYMF,211770,X7FFESON, • .,LOVE, LriiI,&IN,GARVIIT,:ruallAY,C&RT72 CTMTAIN ISMOUR BANKS 17 =AMU, by POrT0TOC,JOMISTON,COAL,ICOU,l arTT3. Frank Craic and others for transfer LATIMER,LE FLORE, BURG,HASKELL„ from Federal 7eserve District NO. 11 District No* 10, of . BEING ALL THAT PART OF OKLLHON& to Federal Reserve INCLUDED 11 DISTRICT NO.11 WiTH all Oklahona counties nov! included ta =MELVIN/ OP THE COILFZIES OF . THE District No. 11, except the counties LARSHALL,BRYATT,CHOCTAW,PUSILIATAHL Bryan, Choctaw, Puslinatamof Lb.rshall, . MDUCCURTAI: ?au FEDERL 11E3ERVE ha and oCurtain* DISTRICT ITO. 11, TO FEDERAL RESERVE DISTRICT NO. 10. • *** Prank Craig, Guy C. :resident, City National Banlz, Robertson, Cashier, B. Harrison, First rational McAlester, Oklahoma, 3ank, Lawton, 3ocreta7, Oklahoma Oklahoma, and T. Oklahoma, acting as a Bankers' Association of Oklahoma Committee having filed a City, representing certain petition with this 0:dahema bankers, transfer of all that Board for the purpose of ;portion of No. 11, of the obtaining the Tederal Reserve Oklallora which is included in ties of System, with the District .7.!sxshall, Bryan, No. 10, and the Choctaw, Pushmata and exception of the °loun?... aaid petition rAccartain, to District acainst said together with briefs ;petition, having been and arcuments Now, therefore, for and duly heard and it is considered by this Board, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1. That the said petition be and it hereby is granted Custer, Beckham, and that the said. counties of Roger Washita, Harmon, Greer, norm, Jackson, Thin, Cadd.e, Comanche, Cotton, Grady, Stephens, Jefferson, :.:cCaain, Garvin, ilurrw, Carter, Love, Pontotoc, Johnston, Coal, :°toka, Pittsburg, Haskell, Latter, Le 7lore be ani the same are hereby transferred from District rip. 11 to District no. 10. That the Federal 71oserve 3anks of Dallas and itansas 2. City be and the said hanks are hereby directed and authorized to take all steps necessary to make effective the transfer of the balcs htreinbefore specified, in accordance viith the teria. of this order and of the Federal Reserve Act. 3. That this transfer shall take effect not later than July 1, 1915. : BY TH- PITERLL RFSERVE BOIRD Governor. Attest : 3ecretary. 1111. RESERVE BOARD FILE . E.:- DEn..A,L WM. H. MURRAY, M. C. OF OKLAHOMA MEMBER OF COMMITTEES ON INDIAN AFFAIRS PENSIONS COINAGE, WEIGHTS, AN HOUSE OF REPRESENTATIVES URES 1 WASHINGTON June 8, 1915. ------- - 74AftfailaoRIT 161. 6 Nnr, Raia Hon. H. Parker Willis, ederal Reserve Board, Secretary 7 Washington, D. C. Dear Sir:- ng beg to acknowledge receipt of yours of June 2ndicontaini an order of the Board. my former letter, In view of this fact I was hasty in my criticism in you the Board for all of which I retract, and thank you and through their decision and order. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours sincerely, 4 • . 1 Li ....WI .•.. - • 4 C 2.. ..- EXECUTIVE COMMITTEE OFFICERS T. H. DWYER,PRESIDENT, CHICKASHA L. E. PHILLIPS, VICE-PRESIDENT. BARTLESViLLE W. B. HARRISON, SECRETARY. OKLAHOMA CITY OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. J. A. HOLT,TREASURER. GAGE Jule 5, 1915. H A. McCAULEY, CHAIRMAN, GUY ROBERTSON. F. M. COURTNEY. GEORGE NICKEL, CHAS. MARTIN. M. BONNER. LYMON GRAY. SID GARRETT. JAKE EASTON, M. R. CHILCUTT. Lir. H. Parker Willis, Secretary, Federal Reserve Board, Washington, D. C. Dear Mr. . Thanks for your letter of th g 2nd_e enclosing copy of the oreer entered by the Federyl Reserve Board in the matter of readjusting the federal reserve bank lines in this state. Very truly yours, WIH-C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Secretary. ' , -7'.47,f1TVET) SAPULPA LAwyow CHICKASHA ALVA WOODWARD OKLAHOMA CiTY GUTHRIE FORT GIBSON ANTLERS ADA 40 --fLF,AL JAS. R. MWIEY,PRESIDENT B.A. Mc KINNEY, VICE-PRESIDENT SERVE BOARD HLE W. E.CLAFi'K,CASNiER J. M. HALL,ASST. CASHIER NO.5590. THE DuRAT4iT NAT 0 . CAPITAL $ 100,00 O.00 SURPLUS $ 100,000.00 DURANT,OKLAHOMA.,June Mr. W.P.G. Harding, Washington ,D.C. 1 Dear Yr. Harding: f the let in which I have your letter you advise me that the counties of iohnston, Coal and Atoka five remaining in have been added -to the o the Dallas District. The action of the Board in this matter is very gratifying. , I note that you suggest viat there be nofurtheragitationfortheretransferof other counties. I had not contemplated any activity a k made its final decree. Sincerely y BAMc-D. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis er the Board had http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ........,.-....,..-...-."-,-..,----- V0) June 7), 1916. 1 7- 77, - Hon. G. D. Carter, OUahoma. r7 doar Your telegram of June 2ndl t1Tas just been received. Th3 Board's decree fn the Oklahoma redistricting case was sent out 7osterday, and I tAke p/oasuro in enclos1.71s you a oom of same. Respectfully ;Nun:, Secretary. lanclocure. 1 t1 t 4,. TELEGRAM FEDERAL RESERVE BOARD WAS H IN GTO N -311.7o 3, 1L115. C. 14 Carttr, e_rimare, Board order iii Cklaholea eau° rautio publiq yeatertv. 1113 nr4I1lng zicu :3 copy. eor•tary• OFFICIAL BUSINESS GOVERNMENT RATES CHARGE FEDERAL RESERVE BOARD http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis HLE 1FEDERAL RESERVE BOARD A 1915. Hy t/ocr Sir: I beg to acknowledge your letter of '.1a;,7 2 En;losed please find a copy of Lilo formal order of the Board in the 0:41a1leLla rvdit.3trictir „; case. , set, tLat the rron this yoa will counties which have been left as a part of tile Dal- . las ,1)ictrict are those of aLrcdiail, Johnston, Coal, liryan, Atoka, Choctaw, Pushmatalla a n5.McC- rttqn, while afl of the remaining counties of Oldahema are now assifmed to i:Istrict No. 10 - the Kansm City District. Yo- 7 rill observe that the formal order is dated !,:ay 4, that beiinr; the date upon which the 3o2rd actsd on the ceneva question of redistrictInP:. he orders themselves wore not comoloted b:7 Counsel :21-id entere6 on tne miuutes until within the -)ant da7 or two. I an ttlicini; pleasure in nailing you, today a copy of the June issae of the Federal Reserve Bulletin :ust printed, on 1):1:e of which :/oa vill find a lesoriptien of what has boon done in the redistricting CASOS, a list of the counties transferred, and a corresponding list of the banks transferred. Accompanying these is a map representinc the outlines of the reserve districts as altered decision of 'Lie Tle3,rd. 7,ith respect, believe me , 'cIonorable V. H. MurrAy, 2ishomingo, Enclosure Very truly yours, Secretary. the Form 1201 WE ,ILRVICE SYMBOL Day Message Day Letter Blue Night Message E UNIN Nile Night Letter N L. If none at these three symbols appears after the check (number of words)this isa day message. Otherwise its character is indicated by the symbol appearing after the check. RECEIVED AT CLASS OF SERVICE SYMBOL Day Message Day Letter Blue Night Message GEORGE W. E. ATKINS, NEWCOMB CARLTON,. pRkSIDENT BELVIDERE BROOKS, VICE-PRESIDENT VICE-PRESIDENT Me Night Letter N L If none of these three symbols appears after the check (number of words)this is aday message. Otherwise its character is indicated by the symbol appearing after the check. Wyatt Building, Car. 14th and F Sts., Washington, D.C. ALWAYS B61 A OP 42 GOVT NITE P FEDERAL RESERVE ARDMORE OKLA JUNE 2 1915 BOARD WASHN DC HAVE BE7N INFORMED MAJORITY OF BANKS IN CERTAIN COUNTIES IN OKLAHOMA CONTIGUOUS TO COUNTIES NOW IN DALLAS DISTRICT HAVE PETITIONED YOUR BOARD TO BE PUT IN DALLAS DISTRICT I REQUEST CAREFUL CONSIDERATION OF SAME JJJ C D http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ; I 1 V J41 CARTER JUN 11 40PM 1-'ederAl 1.ZAervo ilasard D http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11 7 .° , 1915. or your information Ienclose a copy of the order aut:ored hy tho Fezieral 7es,Irve Board in the natter a t1 .. pctitiez of the iikla:loma 'o,Ini-c3 for transfer to the 1Tensas Cit7 district. nospectfu14, Seerotary. Zo. W. 3. Harrison, Oklahoma City, Okla. Enclosure. \ http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Dear Senator Owen: I have your ncto of Lay _ 24th4 1th co \w pion of onclosed which are cert ainly most inte rentinc, will call them at nnee to the attentim of the ro de -cal eserve fl oord. Ath boot wish es, Sincorolj yours, tSigned) C. S, Haml in, Hon. Robert L. Owen, Luskome, Oklaho ma. • MURRAY, M. C. OF OKLAHOMA 12 MEMBER OF COMMITTEES ON INDIAN AFFAIRS .1 I PENSIONS HOUSE OF REPRESENTATIVES COINAGE, WEIGHTS. AND MEASURES WASHINGTON May 27, 1)15. 7.) the -`e:Leral Aeserve Board, 7liaEhington, D. C. Gen'C.Lemen:. I have "oil, to mention to recall to your attention the fact that you placed orginally all o southern Oklahoma in the Da.las district; Lilat subsequent thereto a hearing was had before your Board on behalf of the Oklahoma Bankers Association to transfer territory to the Ranas City district. In this hearing, at which all the Oklahoma delegation attended, Mr. Harrison, wLo represented the Oklahoma bankers, agreed that certain counties in southeastern Oklahoma should remain with the Dallas district, mentioning them by name. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7 interruptea him by calling attention to the fact that Johnston district. county, my home county, desired to go with the Dallas Later but to transfer your Board decided to leave these coil .ties in the district with the remaining territory to Kansas City, overlooking the request reference to Johnston county. Thinking' It was an oversight, as it was not contained in the May 5th. original papers, I wired you from my home at Tishomingo on in In response to this telegram I have a leer from your secretary which all the consolation given is: shall be clad to send you a dopy of the formal order when issued". on This itatemr-nt is but an indication that it was no oversight to the part of your Board, but a studied and deliberate determination / / /AY. M. C. .1-10PAA /--,tOMMITTEES ON tS EIGHTS. AND MEASURES HOUSE OF REPRESENTATIVES WASHINGTON it was my home county. pay no attention to me, although anything to you such policy If you gentlemen think this is worth could have If for good and valid reasons you may be continued. territory should go with Kansas City found that the Whole of this with argument in not heeding my request there could have been good since you have left a portion of reference to Johnston county, but I district there can be no such excuse. the territory in the Dallas the better than I the conditions and hardly think your Board can know reside, constituents of the county in which I desires of the bankers and http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis method purpose of your Board to use this and I want to sAy if it is the deeply in a member of Congress who was not as one of "discipline" for secretary, you the bill as 'drafted by your 1Mfe with the original plan of A ng toudiecipline". do not Know the man you are attAmp:ti but, great as they are, they I realize the great powers you possess, me to lose my self respect or to are not yet strong enough to cause part. fail to resent such treatment on your Truly and respectfully, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ...------_ -._.F ED P.A L ril a'IF n't E ?:0M-11) FILI .....--May 25, 191 W. B. Harrison, Esq., Secretary, Oklahoma Bankers Aso., Oklahoma City, Oklahoma. Dear Mr. Harrison: have your note of May _ . 22ndmhich I will call at once to the attention of the Federal Roserve Board. Thanking you for sending It to me, I am, Very sincerely yours, iagned) C. S. Hamlin. Governor. RECEIVED FROM ROBT. L mAY 2 7 1915 GOVERNOR'S OFFICE VVA S Fi I N GTO N , D C Muskogee Oklahoma, ) May 240 1915. Hon. Charles S. Hamlin, Governor Federal Reserve Hoard, Washington, D. C. Hy dear Governor:— I enclose an interesting letter from Mr. Harrison, secretary, relative to the attempt to transfer other bake from Kansas City to Dallas. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours very respectfully, - • EXECUTIVE COMMITTEE OFFICERS T. H. DWYER,PRESIDENT, CHICKASHA L. E. PHILLIPS, VICE-PRESIDENT, BARTLESVILLE W. B. HARRISON, SECRETARY, OKLAHOMA CITY J. A. HOLT, TREASURER, GAGE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. H. A. MCCAULEY,CHAIRMAN. GUY ROBERTSON. F. M. COURTNEY. GEORGE NICKEL, CHAS. MARTIN, M. BONNER. LYMON GRAY, SID GARRETT, May 22, 1915. JAKE EASTCN, M. R. CHILCUTT, Senator Robert L. Owen, Muskogee, Oklahoma. My dear Senator:Is per a telegram from Mr. Ogden I enclose two letters of vital interest relative to the attempt on the part of Texas tankers to prevent the proper districting of this State. The first letter is signed by R. I. Van Zandt Governor of the Dallas bank, and written in his official capacity. "'lane subtly worded it is in every line an effort to make the Southern Oklahoma bankers feel dissatisfied with the decision of the Board. I am informed that this is but one of many similar letters that Governor Van Zandt has written to the Oklahoma tui,ks in the Dallas district. During the pendency of our petition the Kansas City bank absolutely kept its hands off, refusing to entrr into the' controversy in any way because it would be improper. I regard Governor Van Zandt's letter as highly improper, and one that if called to the attention ef the Federal Reserve Board would result in at least a reprimand for this breach of oifi3ia1 propriety. The letter from D. C. Teter, cashier, First National Bank, Tishomingo, proves to my mind absolutely that there is no bank in Johnston or Coal Counties that wants to go to Dallas except the banks in which Mr. McKinney is personally interested. If it were not for Mr. McKinney's SAPULPA LAWTON CHICKASHA ALVA WOODWARD OKLAHOMA CITY GUTHRIE FORT GIBSON ANTLERS ADA • • • •.•....... ••• • OFFICERS T. H. DWYER,PRESIDENT, CHICKASHA L. E. PHILLIPS, VICE-PRESIDENT, BARTLESVILLE W. B. HARRISON, SECRETARY, OKLAHOMA CITY J. A. HOLT,TREASURER, GAGE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis , • •1: EXECUTIVE COMMITTEE OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. H. A. McCAULEY,CHAIRMAN, GUY ROBERTSON. F. M. COURTNEY. GEORGE NICKEL, CHAS. MARTIN. M. BONN ER. LYMON GRAY, SID GARRETT. JAKE EASTCN, M. R. CHILCUTT, CI. position on the Dallas Board practically all the tanks in the five counties we have omitted from our petition except those which he controls would today be petitioning to be included with the rest of the state in the Kansas City district. Very truly yours, Secretary. Encls. d.( ‘,74 7 SAPULPA LAVVTON CHICKASHA ALVA WOODWARD OKLAHOMA CITY GUTHRIE FORT GIBSON ANTLERS ADA First National Bank, Tishomingo, Oklahoma. May 20, 1915. Mr. W. B. Harrison, Oklahoma City, Okla Dear Sir:I notice from an article in the Dallas News of yesterday that banks of Johnston. and Coal counties have applied to the Federal Reserve Board to remain in the Dallas District. This article is mis-leading in this, that it would indicate that all national banks in the to counties have joined In this application which is not true. We had heard nohing_of the move until we _saw. this clipping whi.ch we enclose herewith. Plcase let me know what there is Very truly, (Signed) D. C. Teter, Chshier. .0 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C 0 P Y. First National Bank, Tishomingo, Oklahoma. May 21, 1915. Mr. W. B. Harrison, Secretary, Oklahoma City, Okla. Dear Harrison:Since talking with you this morning I have talkedwithevex bank in Johnston Count excjegt_ The McKinney banks, Lv€ry.pneoffhem signi_ied a de7 -glife= t iire to be - in Elmsas_IL.1141., and said they woun diately send telegrams and write letters of confirmation. I did not talk with anyone from Coal County. If you know of someone there that is friendly toward Kansas City I would suggest that you call him and have him take it up with the different banks of the county You will get results in this way. as I have done here. Let me know when anything new comes up. Very truly, (Signed) D. C. Teter, Cashier. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C 0 P Y. First National Bank, Apache, Oklahoma. May 21, 1915. Dear Harrison:I suspect that you have seen other letters similPr to the one enclosed, but if not this will give you the signal of whats doing. I wrote Mr. Van Zandt that I rejoiced in the fact that we had been moved to Kansas City district and felt that it would have been a great business misfortune to Oklahoma to have allowed the state to remain divided. 'You can return the letter at your conveniance. Very truly, . (Signed) W. T. Clark, President/ C 0 P Y. FEDERAL RTSERVF BANK of Dallas. May 19, 1915. Mr. W. T. Clark, President, First National Bank, Apache, Oklahoma. My dear Mr. Clark:Since the decision of the Federal Reserve Board has been announced, granting the petition of the Southern Oklahoma banks to be transferred from the Dal'as district to the Kansas City district, it has come to my notice that there are several banks included in that transfer which prefer to remain in this district. My purpose in writing you is to find wIt how many barks are of that opinion, and I will appreciate it if you will write me fully and frankly and give me your views. I will assure you that your reply will not be used except for the above purpose and as a basis for further correspondence with you in the .same connection, and to enable us to assist such members as prefer to remain in the Dallas district to properly present their petition to the Federal Reserve Boai'd. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis It has occurred to me that the banks in a cotton raising section can have their needs better and more intelligently cared for by a Reserve Bank all of whose officers have received their banking experience In a cotton country, and I would like to have your opinion as to that point. We do not desire to use, or have used, as an argument the fact that the Federal Reserve Bpnk of Dall.as is one of the very few which is already on a dividend paying basis, because we confidently believe that every Federal Reserve Bank will soon be in that class, and will, in a reasonably short time, be able to take care of its accumulated dividends. •", http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Pace 2-Mr. Clark. It is the ilitention and desire of the management of this bank to serve all of its members fairly and impartially in every way consistent with the provisions of the Federal Reserve Act and with conservative business methods, and having that purpose in view I will appreciate a letter from you whether -or not you prefer to be a member of the Federal Reserve Br nk of Dallas. , If it is your preference to leave us, I will be glad to have you tell me whether or not your decisicn was brought about by the failure on the part of the management of this Bank to courteously and properly comply with any request of yours. If your relations with this bank have not been pleasant, for any cause whatsoever, I am anxious to knom about it in order that we may take proper steps to guard against a recurrence. Please be assured of our sincere appreciation of your co-rperation and support during the organization period of this institution, and of the fact that we think none the less of your bank if you believe it to be to your interest to be come a member of the Federal Reserve Bank of Kansas City. Until the transfer has been effected this is your Bank, and we will be glad to serve you just as if you were to be with us permanently. Thanking you for an early reply, and with personal good wishes, I an Yours very truly, (Signed) R. L. Van Zandt Governor. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • W S DER 1 K,PRESIDENT J.W.RAG S DAL E,VicE-PRESIDEnt No. 10286 JNO. L DERRICK CASHIER W.H. BALDW I N,Assr.CASHIER Tin MADILL NATIONAL BANK CAPITAL & SURPLUS $ 55,000.00 NADHAL,OKLAuomkt I -2-7 - May 23d.1914. Hon C.D.CarUr co'' Washington,D.C. Dear Sir: In answer to your letter of some time ago regardig the Regional Bank District will say that at that time I had not made a sufficient investigation of the matter to enable me to say just what would be the best for us.While it might seem om first thought that Oklahoma should all be in one District and quite number still think that way but after reading all the speaches made at thLconvention on the subject I am still convinced that those the boundry people who placed for these Districts made a wise division for it seems to me that they placed them according to the products and if they should make a ch nge in this District , then they wou1d have demands from every other place in the landand I do not see that there is any thing to be gained to us by the change. ery respectfully Cashier http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis May 22, 1915* Ilemoramdum for Counsel: At a 2eeting of the Federal Reserve Board on :lay 22nd, the Board 'noted to fix as the boundary line between Kansas City and the Dallas districts the original line sot forth in the petition of the banks dosiring transfer. That is to say, to leave in the Dallas district only the five counties originally mentioned as desiring to remain taero. The Board furth,ir discused ths question of separate decrees relating to the various potitions as to redistricting vila determined: 1. That a separate order be entered in each one of the four cases in which positive action was taken. 2. That no order be entered in those cases where action was postponed, viz: khe Baltimore - Richmond and the Cleveland kitt3burg cases. Secretary. ^ e , EXECUTIVE CPOULMTCEE OFFICERS T. H. DWYER,PRESIDENT, CHICKASHA L. E. PHiLLIPS, VICE-PRESIDENT, BARTLESVILLE W. B. HARRISON, SECRETARY, OKLAHOMA CITY OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. J. A. HOLT, TREASURER, GAGE May 22, 1915. H. A. McCAULEY.CHAIRMAN, GUY ROBERTSON': F. M. COURTNEY. GEORGE NIC( . ) CHAS. MARTIN,.—'. M. BONNER, LYMON GRAY. SID GARRETT, AY JAKE EASTCN. M. R. CHILCUTT, SAPULPA 2 i 191 .'--t LAWTON HICKASI1A ALVA .R.WDODWARD oRLA'140MA CITY GUTHRIE FORT GIBSON ANTLERS ADA ItECEIVED , MAY 2 5 1915 Honorable Charles S. Hamlin, Governor, Federal Reserve Board, Washington, D. C. GOVERNOR'S OFFICE Dear Mr. Hamlin:Relative to the petitions filed by certain parties on behalf of banks in Johnston and Coal Counties in Oklahoma to be permitted to remain in the Dallas district, I beg leave to call your attention to the fact that numerous banks in these counties are protesting against being in the Dallas district. It is not my desire to keef—TIese banks where they do not wish to be, but I am today in receipt of a communication from D. C. Teter, cashier, First National Bank, Tishomingo, stating that he personally interviewed every bank. state and national, in Johnston County lilay 20th, and that. fE- 4 1171 expressed themselves as very anxious to 6be in the Kansas City district, save only two banics controlled by B. A. McKinney who is a director in the Dallas bank. Thinking this information might be valuable to the Board in considering the petitions now on file I have taken the liberty to submit it to you. Very truly yours, WBH-C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Secretary. • FL FEDERAL RESERVE BOARD WASHINGTON :Y.-%1 rialEnE eo,•, au , 2.• May 18th, 1915. M.C.ELLIOTT COUNSEL SUBJECT: Review of the decision of the Reserve Dank Organization Committee. My dear Governor:- http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Your letter of May fifteenth in reference to suggested form of decrees submitted in the matter of petitions for review of the decision of the Reserve Bank Organization Committee has been received and noted. In answer to your request for report as to what the records show with reference to Johnson and Coal Counties in Oklahoma, I find that the situation is as follows: COAL COUNTY. In Coal County there are four national banks. Two of these, namely, the Lehigh National Bank and the Merchants National Bank of Lehigh, filed a joint petition on June eleventh asking that they be permitted to remain in the Dallas District. The First National Bank of Colgate wrote a letter to the Board on August 24th to the same effect stating that this bank preferred to remain in the Dallas District. None of the four banks in Coal County signed the original petition asking to be transferred to the Kansas City District. JOHNSON COUNTY. In Johnson County there appear to be six national banks. Two out of the six signed the original petition asking that Johnson County be transferred to the Kansas City District. One of these, however, later withdrew this request and joined with three others asking to be allowed to remain in the Dallas DisThe sixth bank in Johnson County has not been trict. heard from according to our records. A telegram from Yr. McKinney, Director of the Federal Reserve Bank of Dallas, states that all banks in Coal County and two-thirds of the banks in Johnson County have petitioned to be permitted to remain in the Dallas District. While we find nothing in the report of tie hearing on this subject it is the recollection of Yr. Harrison that the question was informally discussed and that the petitioners offered no objection to Coal and Johnson Coun- S - 2 CSH-5/18/15. ties beirrg permitted to remain in the Dallas District. In this connection I beg to call your attention to the fact that if Johnson and Coal Counties are permitted to remain in the Dallas District, the County of Atoka, which includes only one national bank, should likewise be permitted to remain. If this is not done Atoka County will be placed in the Kansas City District while all of the surrounding counties, except Pittsburg, will be in the Dallas District. The accompanying map will show the reason for this su3-gestion. The bank in Atoka County did not unite in the petition to be transferred to the Kansas City District. In answer to the last para -,.raph of your letter, it appears from the records that the petition of the banks in eastern Tisconsin to be transferred from the Minneapolis to the Chicago District was filed on March This was continued 12th with twenty copies of brief. by the Board at the request of the Federal Reserve Bank of Minneapolis and has been definitely set for hearing on May 20th. It is not, therefore, a new petition recently filed. Respectfully, Enclosure. Counsel. }'on. Charles F.!. Hamlin, Governor. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OKLRHON/R 1 I i HARPER KAY WOODS I z • 0 I 1. 0 (OTTAWA NOWATA CRAIG I • i iviAyEs GRANT . ALFALFA !DELAWARE i OSAGE .••••• .1 L.,• . G A• RFIELD WOODWARD I NOBLE I . . . I NN i DEWEY i I 1 I / ROGER MILLS 1 it... i i KINGFISHER I i BLAINE I•-• i • i j PAYNE I —4 CANADIAN i OKLAHOMA i I I CREEK I- -.---I-1 -------1 i' ! L. LINCOLN I CUSTER I I t. I ? WAGONER t CHEROKEE i II ADAIR I ii /ST - IIC T -•••••.. • 4 -'•••-'• ••••••• ••••i I •_•J ..T.-..N. I TULS: I 1..-I- -7.-.-I . I \%•••••••-•-- • LOG ROGERS I . WNEE ••••••• N MAJOR ELLIS t • OKMULGEE MUSKOGEE •- L.-. ! I i I I. SEQUOYAH OKFUSKEE i (1 McINTOSH -• • ••• •1 -- BECKHAM I WASHITA 1 i r--------zi--------------i ? i L. , i -: GREER 11 ., KIOWA `:. •-• HARMON -11 ._.-. LEVELANDi POTTA WATOMIE iSEMINOLE CADDO GRADY . i ‘.., 1-r r i L._ McCLAIN LATIMER PONTOTOC • GARVIN JACKSON i COMANCHE ' 1 kMURRAY ./ \\• L TILLMAN cAl:pc • r, ATOKA LOVE I CIMARRON http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I i I TEXAS i I I I BEAVER I /DA4-ru, aidx/rolIf 1 --j rj PITTSBURG I ._ 4._ENs si-,F.H4L L l HASKELL r.. I - HUGHES .• A ••••• I 8 t. / " LE FLORE THE BANK OF CANEY W. H. RITCHIE, PRES. R. R. HALL, V. PRES. G. W. PHILLIPS, V. PRES. R. SULLIVAN, V. PRES. H. M. STALCUP, CASHIER C. H. BROWN, Assr. CASHIER i CAPITAL STOCK, $18,000.00 UN icy, OKI,A. May fourteenth Nineteen fourteen. Hon. C. D. Carter, Washington, D. C. My dear Sir; We wish to protest against the division of Oklahoma between Kansas City and Dallas as Regional Reserve Districts for the following reasons; 1st, and what we consider as most important of all, is the fact that practically every bank in the Dallas District would be borrowers at one and the same time, thereby largely defeating what we consider one of the best features of the W'lg. 2nd, We feel that the best ititerests of this state from a banking and commercial standpoint would be best served by allowing present existing relations and channels of business to remain as they are, which would undoubtedly result in this whole state being placed in the same district with the Northern section, or with Kansas Practically all banks in this section carry their City. main reserve account in that city at present, and to change this, and force them to go to Dallas, where practically none of them have any existing relations, would to our mind be an unwise economical move, as we fell that all business should be left to follow its natural trend. We are located within forty miles of Red River but have absolutely no relations with any Texas institution; never have any call for Dallas exchange; never go to Texas; never see a banker from Texas; have a comparttive small amount of Texas items to clear, while the exact opposite is true of Kansas City in each particular. We trust you will see y?ur way clear to help us have this entire state located in the Kansas City district, thereby doing as much for our s,ate from a financial standpoint, as cauld ever be done in one move. Yours very respectful y, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cashie r. - i.'0E7,\L RESERVE I33ARD FILE ?..1Crateb Zertate ) 0 COMMITTEE ON AGRICULTURE AND FORESTRY, May 12, 1915. WASHINGTON. Hon. H. Parker Secy., Federal Reserve Board, City. Dear sir: I have yours of the 4th instant which has been forwarded here from Lawton, Oklahoma, advising me of the placing of the Southern Olclahoma Banks in the Kansas City Reserve District. I beg to thank you for this kindness and to say that this action is highly apprecka.ted by all parties effected. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Most respectfully, PC:. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE DOARD FILE j2-2.2ii 7, 1915. Dear Sirs:Your letter of Ugy_5t44requesting information regarding the changes in boundaries of the Federal reserve aistricts, is received and I hand you herewith a copy of a letter sent today to the .tand -. Dan's.ers' Directory relating thereto. trust this will give you the information which you desire. Very respectfully, Secretary. :and 7:ora11y 1:: Company, Printers and Publishers, Chicago, Ill. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 TEIDERAL RESSWE 'C\D FILE 1).2 o.5' nay 11, 1915. Dear 'Jenator:Your letter of April 3rd addressed to the Secretary of the Treasury, enclosing a letter from B. X. Thurmond, President of a bank at Sayre, Oklahoma, urging that petitioning barC.c.s in Oklahoma be separated from the Federal Reserve Bank at Dallas and attached to the Federal Reserve Bank at %somas City, has today been referred to this office by the Comptroller of the Currency, By reason of the fact that this letter has just been received by the Federal Reserve Board, the notice to you that the petition of those banks has been granted by the Board in late. been talz.en and I This action has, however, m glad to know that it promises to meet with your approval. Very respectfully, Secretary. Honorable dilliam J. Stone, United States Senate, dashington, D. C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis _------------...-- • n'T7\11 .i:IN \VO-Vi — LAnky 0 in-,r J, Jr. Charles O. Huff, Counsel, Fedor. Reserve astic, ?oz. Doar air: In ropl; to your lotter of May v 5th you aro advised that the Fe2er.s1 Rocerve Board has mea no forma opinionc in ea's Cia. a relistrictinc anzlose a co. of the resolution ['y opted by the Boara. Within a few awls a copy of the foriaal oraer made in tieso cases Will be mailed to you. Rocpectfully, Secretary. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jay 7, 1915. Dear zirstYour letter of Moy, 5thj requestiic information in connection with the ()boraces La 2aderal reserve districts, ostabliahed by the Federal :oserve Board, is received. In reply you are informed as follows: "fiat counties of Northern ::ew Jersey have boon transferred from the -, hiladelphia District to the New Yorl: District?" anatordon s ::lomer set, Union, .L.:essez, Passaic, Iluilson, Bergen, :'orris, Ssze.,und n hat counties in ,:est Virginia have been 1,raasferred from the 21dhmond District to the Clevelald District?" 7etso1 and Tyler. "Is all of the State of Oklahoma now included in the .,ansas City District?" .7 Lll ceurtios in Oklahoma will now be in District Yo. 10, except the counties of :.!..ershall, Bryan, Choctaw, Pushmataha, and cCurtain, which remain ir. District n. 11. "Rave there been eay further changes, other thy."' those mentioned above, made in the Districts as originally laid out?" ro. These changes are effective July 1st. Very respectfully, Acretary. Rand :tally Bankers' Directory, Band. ::crally Building, Chicago, Ill. Form N-1 ALL BUS/NESM HE HOUSE, TO RECEIVZ PROMrT ATTENTION, S CORRESPONDENCE* RAILROAD PRINTERS MAPS,ATLASES, GLOBES,GUIDES. D BE ADDRESSED TO THE COMPANY TEXT BO OKS,CATALOGS ENGRAVING BY ALL PRINTERS AND PUBLISHERS ESTABLISHED 1656 CABLE ADDRESS "RILNALLY, CHICAGO.. PROCESSES assaya INCORPORATED 1873 CHICAGO-NEWYORK-LOND ON CHICAGO. 5/5/1915 pederal Reserve Board, Washington, D. 0. Gentlemen: Will you kindly furnish us with a description of the change in the boundaries of the Federal Reserve Districts, just issued by you, especially that of northern rew Jersey. As we desire this information for use on our maps, the favor will be highly appreciated. mhanking you in advance, we remain yours very truly, Rand moNally & Co. T./M. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Y.NGEFVEi.\. ‘ ;EsEhl , 10 / 9if 6 0 / 7:3 1 .$* MAY 7 ISIt i23 FEDERAL RESERVE BANK Cor DALLAS CHARLES C. HUFF COUNSEL May 5, 1915. Mr. H. Parker Willis, Secretary, Federal Reserve Board, Washington, D. C. Dear Sir: If, in determining the Oklahoma Contest, the Board filed any written findings or opinion, I would appreciate it very much if you would send me a copy of same. Yours truly, CCH-RS http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis REPEINTX *,"• Xt / . ec" •IN • , http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FOAL RESERVE BOARD FILE FEDERAL RESERVE BANK OF DALLAS 4Il May 5, 1915. Dr. H. Parker Willis, Secretary, Federal Reserve Board, Washington, D. C. Sir: We acknowleOge receipt of your telegram of the 4th, advising that the Board had granted the petition of Oklahoma banks for transfer to the Kansas City district, effective July 1st. tfully, Federal Reserve Men 22- http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEEIT,AL flE3EVE Br"n r F" r1 um), ‘ 2.2_ 1 er, / 4 lac4 6, 1915. - Sir: In view of your Interest in one of th.o. natter roforred to theroin, Irur Ilendin7; you a copy of an rzmouncoment to tile Dress rtzde by the 7!:lederzi1 Reserve Board today. :aespectfully. 3eoretary. Gores Laztens Okla* Han. ThOM3 P. reiCLO EA 41) E ORIGINAL BLUE BOOK ESTABLISHED 1872 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .1-11; f I A- rumnisrawmxonintmg g RAND-McNALCt" Fl BANKERS' lit MONTHLY l E RAND -7\ikcNAULAr COMPANY' lall•MCS Pubitther --==r —===. RAND Mc:NALLY BUILDING OtitcAGOIE Liay 5, 1DL. Secretary, Federal Reserve Board, Treasury Bldg., Washinton, D. C. Dear Sir;Inasmuch Ls our subscribers depend to a great extent an the information given in our DIRECTORY, we are writing to ask if you will kindly favor us with the following information:What counties of Northern New. Jersey have been transferred from the Philadelphia District to the New York District? \. ( Vihat counties in .Jest Virginia have been transferred from t-le Richmond District to the Cleveland District? Is all of the state of Oklahoma now included in the Kansas City District? Have there been any further changes, other than those mentioned above,- made in the Districts as originally laid out?, We will appreciate your prompt answer to this request for information, as we must nrepare our mans and revise our information showing in what District each bank belongs, for the July edition of the DIRECTORY. Thenking you in rdvance, we are, Yours very truly, RAND TreTTLLLY :P.::TKERS' DIRECTORY G:KR . By ID nage t. 22i • ST EENT FM THE .L'RES: May 4, 1915. The Federal Reserve Board today passed the following resolution regarding redistricting appeals: BE IT MSOLVED: laittees b That the recoaaendations of the respective co:2- adopted and approved, and that the petitions of the banks in southern Oklahwa, northern New Jersey, Tyler and Wezzel Counties, West Virginia, be granted; and, BE IT 411,SO R1SOLVED, That the Petition of the banks of Wyoming and Nebraska be denied; and, BE IT FURTHER RESOLVED, That action on other pending petitions be deferred until further experience in the actual operation of the several districts, especially in the light of the new clearing systm which is about to go into effect, and of the extent to which State banks take me. abership in the Federal Reserve Syste:a, shall have provided the Board : with the necessary data for a conciusien, it being the o:Fiajoa of the Board that action on petitions relating to changes in cities desiGnatcd as the location of Federal Reserve banks should be d3fel roU until the . Board shall havc reached a conclusion fro: i experience as to any further readjustents in the boundaries of the several districts, or in the nuAJer of districts, which Yay be desirable in tho operation and developmnt of the Federal Reserve Systall. The vntr on the resolution was unanimous, Secretary Ile.:,doe who , was not present, aliinc, to be rocorded in favor of it . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • I c, 2- -?) ; 3') cee-t-q-7 At a stated meeting of ti Federal -is Reserve Board, duly held at its office in the City of Washington, District of Columbia, dziawF=1", 1915. t SERVE IT-RXID PRESENTS ".c.r. Mr. Mr. Mr. Mr. Mr. In the matter of review - of the decision of the Reserve Bank Organization Committee duly rendered and filed in accordance with the provisions of the Federal Reserve Act, on April 2, 1914, designating twelve Federal reserve cities and defining the geo. ; graphical limit of the district-3 to be served. Hamlin, Governor, Delano, Vice Governor, Miller, Harding, 6/L Warburg, Williams. ORDER AY:ENDING GEOGRAPHICAL LIMITS OF DISTRICTS NOS. 10 AND 11. By special order of the Board, the decision of the Re. serve Bank Organization Committee designatinR twelve Federal reserve citiaG and definin the geographical limits of the districts to be served, having been duly heard and considered by the Board - http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (1) Upon the petition of certain banks in Oklahoma for transfer of all counties in Oklahoma excel.t the counties of Marshall, Bryan, Choctaw, Pushmataha and McCurtain from District No. 11 to District No. 10. (2) Upon the answer of the Federal Reserve Bank of Dallas to said petition. (3) Upon the evidence heard by the Reserve Bank Organization Committee, and exhibits and briefs filed with said Committee. (4) Upon the written and printed briefs of Counsel and the oral a.rments heard by the 73oard. UPON CONrIDERATION THERFOF, it appearin,L to the 7oard that the convenience and customary course of business, and the best interests of the Federal Reserve System will be served by .1,odification of the geo, raphical limits of Districts 10 and 11, g the Board cloth order - http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I. That District No. 10 be modified and extended so as to include the States of Kansas, Nebraska, Colorado and 7yominL; all that part of :assouri nut included in District No. 8; all of the counties in Oklahoma except Marshall, Johnston, Coal, 3ryan, Atoka, Choctaw, Pushmataha and Y.cCurtain; all that part of New :exico north of a line formin: the southern boundary of the counties of 7.cKin1ey, randoval, 'Arita Fe, San Yizuel and 7nion. That District No. 11 be modified and altered so as to include the State of Texas, all that part of New Mexico not included in District No. 10; the followin& counties in Oklahoma: 7:arsha11, Johnston, Coal, Bryan, Atoka, Choctaw, Pushmataha and :cCurtain; all that part of Louisiana not included in District No. 6, and . the fo1lo hin2, counties in the tate of Arizona: Pima, Crahnm, areenleo, Cochise and C3nta Cruz. III. That the alterations in Districts 10 and 11 directed in this order become effective July 1, 1915. IV. That the Federal Foserve ntnks of Kansas City and Dallas be notified of the changes made in the districts referred to and directed to take such action as may be necessary :or the transfer of membership of the banks included in the territory affected. V. That a copy of this order be filed with the Comptroller of the Currency in order that the certificate of the Reserve Bank Organization Committee may be properly 3mended. At a stated meeting of the Federal Reserve Board, duly held at its office in the City of Washinicrton, - District of Columbia, M*7 t 1915. PRESENT: Mr. Mr. Mr. Mr. Mr. Mr. Hamlin, Governor, Delano, Vice Governor, Miller, Harding, Warburg, Williams. fl In the matter of reviaa - of the decision of the Reserve Bank Organization Committee duly rendered and filed in accordance with the provisions of the Federal Reserve Act, on April 2, 1914, designating twelve Federal reserve cities and defining the geographical limits of the districts to be served. • • ORDER AMENDING GEOGRAPHICAL LIMITS OF DISTRICTS NOS. 10 AND 11. By special order of the Board, the decision of the Reserve Bank Organization Committee designating twelve Federal reserve cities and defining the geographical limits of the districts to be eerved, having been duly heard and considered by the Board - http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (1) Upon the petition of certain banks in Oklahoma for transfer of all counties in Oklahoma except the counties of Marshall, Bryan, Choctaw, Pushmataha and McCurtain from District No. 11 to District No. 10. (2) Upon the answer of the Federal Reserve Bank of Dallas to said petition. (3) Upon the evidence heard by the Reserve Bank Organization Committee, and exhibits and briefs filed with said Committee. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (4) Upon the written and printed briefs of Counsel and the oral arguments heard by the Board. UPON CONMERATION WHEREOF, it appearing to the Board that the convenience and customary course of business, and the beet intereats of the Federal Reserve System will be served by modification of the geographical limits of Districts 10 and 11, the Board doth order I. II. That District No. 10 be modified and extended so as to include the States of Kansas, Nebraska, Colorado and Wyoming; all that part of Missouri not included in District No. 8; all of the counties in Oklahoma except Marshall, Bryan, Choctaw, Pushmataha and McCurtain; all that part of New Mexico north of a line forming the southern boundary of the counties of McKinley, Sandoval, Santa Fe, San Miguel and Union. That District No. 11 be modified and altered so as to include the State of Texas, all that part of New Mexico not included in District No. 10; the following counties in Oklahoma: Marshall, Bryan, Choctaw, Pushmataha, and McCurtain; all that part of Louisiana not included in District No. 6, and the following counties in the State of Arizona: Pima, Graham, Greenlee, Cochise and Santa Cruz. That the alterations in Districts 13 and 11 directed in this order become effective July 1, 1915. IV. Th;lt the Federal Reserve Banke uf Kansas City and Dallas be notified of the changes made in the districts referred to and directed to take such :lotion as may be necessary for the transfer of membership of the banks included in the territory affected. V. That a copy of this order be filed with the Comptroller of the Currency in order that the certificate of the Reserve Bank Organization Committee mLy he proparly amended. E. A JONES,PRESIDENT E.C. MILL/ON,VICE PRESIDENT. N.J.SHANNON,CASH/ER Bonk OUR DEPOSITORS ARE PROTECTED NY THE DEPOSITORS GUARANTY FUND OF THE STATE OF OKLAHOMA Eirbs,Oldahoma. May 4th,1914. Hon. C. D. Carter, Washington, D.C. Dear Sir:. Replying to your letter of the 23rd. ult. will say that we protest against the location of our bank in the Dallas District and desire to be placed in the Kansas City District for the following reasons,First, the business of the banks tn this section of Oklahoma is similar to the business of the banks in all of the rest of the Dallas District and the demands of all these banks come at one season of the year; during the rest of the year, they have surplus funds. We believe that the regional bank at Dallas will not be able to take care of the demands during the cotton season, whereas, the Kansas City bank, supplying different sections, will be in position to have the demand of one section balance against the surplus fund of another. Second, over ninety per cent. of our business goes north instead of south. Third, over ninety- five per cent. of the business of our merchants is with the North instead of the South. Fourth, we believe that all of Oklghoma should be in the same district and thestate not divided. This is for the best interests of the banking business of the State. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours very truly, /" 4 / rm 40 BOW • TELEGRAM RESERVE FEDERAL E3\Q111::(‘'IrAV7 WAS H I N GTO N Podera1 Rwervo ,cent, Esnzaa My, Ao. bard 11..7.0 .) frir;at' d t : on ler transfrir of Mateorv, 1,.. I ritz;to Ra'zzas 11t7 DIctriot, Seeretsay• OFFICIAL BUSINESS GOVERNMENT RATES CHARGE for FRASER FEDERAL RESERVE BOARD Digitized http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 FILE Form 40 • TELEGRAM FEDERAL RESERVE BCiARD WAS H IN GTO N Xay 4, 1915. W. B. Harrison, Oklahoma City, Okla. Federal Reserve Board has granted petition for taansfer of Oklahoma banks to iCansas City Distrietr Beoretary. OFFICIAL BUSINESS GOVERNMENT RATES CHARGE FEDERAL RESERVE BOARD http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis u Form 40 • TELEG AM • RAL RESERVE BOARD WAS HI N GTO N rilsw 49 191:3. Charloc C. Huff, Dallas, :03cau. FeAeral Reaorve Board has fp.eante1 petition for trmisfer ta of chanhoma banks to 1Caninto City Distrist, Oecretars. OFFICIAL BUSINESS GOVERNMENT RATES CHARGE for FRASER FEDERAL BEEERVE BOARD Digitized http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • rite akr ‘ I treasu artuxrtit TELEGRAM 4 -0W114,i0 24 1 ex •et , MAY 5 19! Bt iftliabkftm- : OKLAHOMA H Parker Willis CITY Okla 232pm M.y 4 Secretary Federal Reserve Board, Washington,D.C. Please convey to Federal Reserve Board sincere thanks of nine hundred Oklahoma banks for acticn in transferring southern Oklahoma to the Kansas-City district http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W B Harrison,Secretary 409pm PC31!. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Eny 3, 1913, Dear Sir: Tour letter of,Anril 30th:A in which you request prompt 2aVICO relative to the disrositlea made of the Oklahoma :Intl rebrakftri-riyoming appeals, is receivea. 7 s'hall take pleasure in sending you the infornation Tflieh you deciro. Ver7 respoctfrily, secretary. Mr. J. Eiller, Jr., Federal Reserve Lcent, Kansas City, 1:o. r PWHOWE,PRESIDENT. G.W.PHILLIPS, VICE PRES. T.F MEMMINGER,WE PRES. F P SEMPLE, CASHIER N97368. THE GADD0NATIONAL BANK CAPITAL *;50,0009co SURPLUS S15, OW"? 0 CADDO,OKLAIIONL-1, May 2, 1914. Hon C. D. Carter, Washington, D.C. Dear Sir: Replying to your letter of April 23rd in regard to petitions going out from some of the bankers from southern Oklahcma on account of being thrown in the territory of the original bank of Dallas, will say personally I like Dallas and is one of the best cities of the south and it is a husler and is making good intentions, but you can't legislate water thrown up hill nor can you divirt the business of banks to a center throughly unnatural. The business of this bank for tte past ten years has naturally went to Kansas 4ty and St Louis and I would say after carefully going over the facts that from one hundred thousand dollars worth of business taken in southern Oklahoma 807 of it goes to St Louis fifteen to Kansas City and five to Dallas that is about the ratio of this bank and of course that being the natural flow of the exchange busindss it would be just a little easier for us to adjust our selves to the business in St Louis and Kansas City and for this reason we are likely to be thrown in the districts of either on of them and as our business is flowing to St Louis naturally it flows to Kansas City from there. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis With kindest personal regards, I am, Respectively yours, Pres. P. W. Howe DISTR ICT NO. I ( DIRECTORS: OFFICERS: W. J. BAILEY, ATCHISON, KANS. C. E. B U RN HAM,NORFOLK, NEB. 1. C. BYRNE,OMAHA,NE8. GORDON JONES,DENveOropLo. J.Z.MILLER,JR., FEDERAL RESERVE AGENT FEDEHAL HESERVE BANIC ASA E.RAMSAY, DEPUTY FEDERAL RESERVE AdT CHAS. M. SAWYER GOVERNOR K , CLUR EpN IAVs r JEROmE TH RA LLS KANSAS CITY,MISSOURI n pt % vty,....) • • A40 EtCf4 E \ R k "vota http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis April 301 1Aiiwommi 1 l Y.61. V AN Mr. H. Parker Secretary, Federal Reserve Board, Washington, D. C. My dear Sir: We are extremely anxious to receive very prompt advice relative to disposition of the appeal of the southern Oklahoma bankers to be attached to the Kansas City district, and the appeal of the Nebraska-Wyoming bankers to be attached to the Chicago district. We, therefore, request that just as soon as these appeals have been decided that you wire me. would do this at time I would be glad if you of releasing this information to the press representatives. Respectfully, Federal Reserve Agent. od!) M C 2;k1Aat', KANSAS CIT YVIO. ° l ,cV , : I LSO N. EL RENO,0KLAi DISTRICT • NO. 10 OFFICERS: DIRECTORS: J. Z. MILLER. JR., FEDERALRESERVEAGENT ASA E. RAMSAY. DEPUTY FEDERAL RESERVE AdT CHAS. M SAWYER GOVERNOR JEROME THRALLS SEC.-CASHIER W. J. BAILEY. ATCHISON, KANS. C. E BURNHAM.NORFOLK, NEB. T. C. BYRNE.OmAHA. NEB. GORDON JONES. DENVER.COLO. R H. MALONE. DENVER. COLO. M L mcCLURE. KANSAS CITY, Mo. J. Z. MILLER. JR., KANSAS CITY, MO. A E. RAMSAY, RAN SAS CITY. MO. L A. WILSON, EL RENO, OKLA. FEDIEIL --RESERYE BANK KANSAS CITY,MISSOURI MAY 3 1915 OVERNOWS VPD TAM_ Honorable Charles S. Hamlin, Governor, Federal Reserve Board, Washington, D. C. My dear Governor Hamlin; CE Apr 30, 1915. % In re application of banks in southern Oklahoma to be transferred to the Kansas City district; The anticipation that your Board will soon take up for consideration and decision the application of the banks in southern Oklahoma to be transferred from the Dallas district to the Kansas City district prompts this letter. As you are aware, the Federal Reserve Bank of Kansas City has taken no active part in this movement, as we do not think it would be good form for us to be reaching out for any part of our neighbor's territory; but we do want your Board to know that should you decide to transfer the banks in that territory to this district, it will be perfectly agreeable to us and we would receive them with open arms. Knowing the Texas territory as I do and that it is altogether a borrowing district, I cannot help but think that the transfer of the southern Oklahoma banks to the Kansas City district would be a relief to the Dallas district; whereas, the Kansas City district contains a large area of rich territory that will never be borrowers, and the capital and reserves from the banks in such territory contributed to this district enables it to amply take care of the entire State of Oklahoma, which is a borrowing territory and will be for many years. Moreover, from the information we get by letten3and through personal contact with bankers south of the line, with the exception of four or five counties bordering on Texas, we are convinced the unanimous choice is Kansas City. In this connection, when the time cones for State banks to join the System, such banks in this territory would willingly attach themselves to Kansas City, whereas, they never will go to Dallas. We are just in receipt of a letter from Mr. W. B. Harrison, Secretary of the Oklahoma Bankers Association, lamenting the fact that many of the southern Oklahoma bankers, who had expected to visit you at MVskogee and present their appeal to be transferred to the Kansas City district in person were prevented from being present on account of high water in the Canadian River demoralizing train service. Mr. Harrison states that about forty bankers did succeed in gettinE, to flushogee, and that many others wired the rasons for their absence, and expressed regret at not being able to meet you and voice their great desire to be in the Kansas City district. Mr. Harrison closed his letter with these words; "I know that we are right, and I believe that where one is in the right, he has reasons to hope that ho will win." You understand, Governor Hamlin, that the above is for your information. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours truly, Federal Reserve Agent. DISTRICT NO. 10 DIRECTORq; XTC111150N k . OFFICERS: W. J. BAILEY, J. Z. MILLER,JR., FEDERALRESERVEAGENT ASA R E. RAMSAY, DEPUTY FEDERAL RESERVE AdT CHAS. M. SAWYER GOVERNOR FEDERAL RESERVE B raltetFiDOM JoNES,DENVER,c0LO. ' V SLA.14. H. MALONE, DENVER, COLO. ... M. L.McCLURE, HANsws Col*. Mo. JEROmE THRALLS SEC- CASHIER http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis KANS. riol -43.u4 NEB. q . ' ‘ .6/`.1A1:1 A, NEB. J. Z. MILLER, JR., KANSAS cry, MO. A. E. RAM SAY, KANSAS Ciri' MO. t L.A.A. WILSON,,EL ENO, OKLA. licAISTSAS CITY,MISSOURI 2- 01-1-1 4 April 26, She Honorable Sherman Allen, Assistant Secretary, Federal Reserve Board, Washington, D. C. Dear Mr. Allen: I have your notice, dated April 23d, to the effect that appeals from the decision of the Federal Reserve Bank Organization Committee are made the special order for the week of May 3d• As I figure it now, I should be back in Washington about May 6th, and I hope nothing will be done in this matter until my return. Sincerely, vESEn eZY>lcliTZ16 -.:. ./ 44 APR f2:,-: :t.11 / sl I 1,,• ^ April 24th, 1015. 44y dear Senator: Your letter of ApaLast, to the Secretary o-'" the Treasury, has been referred to me in his absenco, ana I shall be 17,:,‘C": Ld to bring the matte-,- of the petition of the Southern Oklahoma banks for transfer to the Kansas City District to the attention of our Board. Yours very traly, (stC,iAit.D)F Ay DE74.441,N't 7 - , Vice-Governor. Hon. aa. J. Stone, United States Senate. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis sec, • , *a- kt S[61. 9 lid7 1 WILLIAM J. STONE. MO., CHAIRMAN. BENJAMIN F. SHIVELY. IND. WILLARD SAULSBURY. DEL. JAMES P. CLARKE. ARK. HENRY CABOT LODOE, MASS. O'LBERT M. HITCHCOCK. NEBR. WILLIAM ALDEN SMITH. MICH. JAMES A. DOORMAN, N. Y. ELIHU ROOT JOHN SHARP WILLIAMS, MISS. PORTER J. MC CUMBER. N. DAK. CLAUDE A. SWANSON. VA. GEORGE SUTHERLAND, UTAH. N.Y. ATLEE POMERENE, OHIO. WILLIAM E. BORAH. IDAHO. MARCUS A. SMITH, ARIZ. THEODORE E. BURTON. OHIO. ?JCnifeb Ztafes Zenate, W.R.HOLLMMCLEM COMMITTEE ON FOREIGN RELATIONS. Jefferscn City, Mo., Apr.r.1,1915 Hon, William G. McAdoo, Secretary of the Treasury, Washington, D.C. My dear la. Secretary:Sometime ago I wrote you with reference to the petition of Southern Oklahoma Banks, asking that certain changes be made in the lines of eserve Districts Nos. 10 and 11, so as to include all of Oklahoma except five counties in the Yansas City Reserve di.Arict. Since then I have received the enclosed letter from TJr. Harrison, Secretary of the Oklahoma Bankers' Association, to which I invite your attention. It seems to me that their contentions are well-founded, and that the territory described ought to be in the Yansas City district. I may add that none cf the Yanoas City bankers has spoken to me about the matter, my communications havinr:7 all been with Oklahoma people.- http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ,...-.-. C. 0,1, Taifl office ia r3coipt of your lo'Gter of April 10th find the copies of v3nr argument in 7op1y to the argument of 53'nat0r T. "). lore referred to i I thanic :rau 7ery macl'a far par cJartee- in the 7atWr. r. Chtlrles C. 'Taff, Counael, 2edera1 7.esorv3 Dallas, Tex. c.4211t, ha FEDERAL RESERVE BANK OF DALLAS " CHARLES C. HUFF COUNSEL April 10, 1915. In the Matter of Contest of Certain Southern Oklahoma Bankers, asking for Transfer of Territory from the 11th District to the 10th District. Mr. H. Parker Willis, Secretary, Federal Reserve Board, Washington, D. C. Dear Sir: In accordance with the permission granted by the Federal Reserve Board, I am handing you, under separate cover, ten copies of my argument in reply to the argument filed by Senator T. P. Gore, of Oklahoma, in this matter, on February 13th. Yours truly, CCH-RS http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis JAMES A. REED. MO., CHAIRMAN. ELLISON D. SMITH. S. C. ATLEE POMERENE. OHIO. JAMES A. O'GORMAN. N.Y. JOHN R. THORNTON. LA. HAMILTON LEWIS, ILL. GEORGE T. OLIVER. PA. ROBERT M. LA FOLLETTE. WIS. ALBERT B. CUMMINS, IOWA. GEORGE P. MC LEAN. CONN. JACOB H. GALLI NOER, N. H. DON. M. HUNT, CLERK. 9-1Cnife fctfez ervale, COMMITTEE ON MANUFACTURES. April 3, 1915. Hon. Wm. G. McAdoo, Washington, D.C. Dear Mr. Se4retary; Several people in Oklahoma have spoken to me about the application made by the bankers of that State or at least a greater part of it, Le be assigned to the territory covered by the Regional Bank at Kansas City. They say that Kansas City is their natural business center; that they do little business ;at Dallas; and that to keep them in ,hat territory is very detrimental to them. Mr. 7.K. Thurmond, President of a Bank at Sayre, OT lahoTa, talked with me about this matter a few : days since. I asked him to state his case in writing and that I would be glad to comply with his request that I communicvte with you and your associates on the Federal Reserve Board on the subject. I am enclosing the lette from Mr. Thurmond. I think there can be no reasonable doubt that what he says is true, and being true the interest of the bankers of Oirlahoma wou14-be_pTomoted by this change; also it seems to me, the Federal Reserve System as a whole would be promoted by doing something that would help the bankers of a state, instead of holding them to a plan which they regard as not only inconvenient but positively detrimental. I hope you are sufficiently recovered as to be on the job again. It is imnol-tant that you should be there. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Your friend, OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. April 1, 1915. Senator Milian J. Stone, Jefferson City, Missouri. Dear Senator:At the request of Yr. F. K. Thurmond of Sayre, Oklahoma, who writes me that he had a talk with you in Kansas City yesterday, I am enclosing herewith a copy of the petition filed by certain baaks in Southern Oklahoma to be transferred from the Dallas to the Kansas City Federal Reserve District. If you can possibly take the time to look this petition through I am sure that you will be convinced beyond any question that the banks affected have been very grievously dealt with in the establishment of the present district lines. Practically every large bank in Kansas City has a large number of acccunts in Southern Oklahoma which will be forced out of their natural channels to Dallas unless our petition is granted. Kansas City bankers are a unit in wanting this change, and so are the bankers in Oklahoma, with a very few exceptions due to personal relations with Texas. We feel that you would be doing a great and deserved favor to the banks in Oklahoma, and at the same time would be advocating a just cause in the interest of your Kansas City constituents_, if you would take a personal interest in this matter and back up the work being done by Senators Owen and Gore to bring about the desired change in the district lines. A ssuring you of our sincere appreciation of any efforts you may put forth in this matter, we are Very truly yours, OKLAHOMA WBH-C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKERS ASSOCIATION, By iM Spdretary. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - ' l A 31, 1915. Dear Sir:. Your letter of Ehrdh 26th transmitting copies of no arcment ?reparod by it Charles C. Ruff, has baon recoiverl and presente to . , tiao Pederal Maerva Moard. The Board is of the ODIMiCra that it would be better to insert this statement of auff in the report of Droceedins3 rather than substitute it for the official account of what wa ic3.. Thic 7 has a, ,:oordingly 'Doer. dane. Please irform 17,r. Euff of the eLisposition made of the =atter. 713smeotfu117 yours, Zw,retary. RexTord L. EolneG, Room 322 Southern Bldg., Dip C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • JOHN VV. M. MOORE,VicE PRESIDENT L. B UE C H LE VICE PRESIDENT EDWIN W.ZEA , VICE PRESIDENT itt 41k. F. P. N EAL, I2 PERRY, FrrsirDENT CHAIRMAN OF BOARD 1 CHAS. H. MOORE . VICE PRESIDENT JAS.T. BRADLEY, CASHIER CHAS. M.VINING, AssisrANT CASHIER E.P.DAWS,AsSiSTANTEAswER JAS. F. MEADE Ass!STANT CASI-11.4 W.H.GLASKIN ,AssisrANT CASHIER ritual 1tptitit1*.5.011-0.0tit1 ttrylittii*.t;Ott.it It i' , 3f41,4174!* Ot2,11111). March 31, 1915 Honorable W. J. Stone, United States Senator, Hotel Balti.4re, Kansas City, 1.7o. Ty dear Senator: You will remember our nice little chat we had this morning at the breakfast table, also the conversation yesterday z.fternoon relative to the South one-half of Oklahoma, with the exception of the few counties in the extreme Southeastern part of the State, being placed in the Kansas City District. ro doutt you are quite familiar with this matter in a general way. When the Federal Bank was established at Dallas, our State was split about half and half, and unfortunately I was placed in the South half, and as briefly as possible I will give you an outline of what we have done: On February 10th a Committee of we bankers, with Vr. 7;. B. rarrison, Secretary of our Bankers' Association of Oklahoma, went to .;ashington and our brief was filed B. and our case was very ably presented by our rr. Secretary, and everyone that has read same thinks Harrison, that he presented the case in fine shape and there is no qmestion but what we have the facts and that fully 9524 of our busine:3s flows to Kansas City, and everyone concedes that Kansas City is the gate-way to the !Southwest. Senator Owen , the next day after rr.Harrison presented our case to the Federal Board, argued it before them ane he certainly made an able address, showing that Texas would still have plenty left after letting us go to Kansas City, and then a few days afterwards senator Gore wrote a letter to the Federal Board, urging that we be placed in the Kansas City District. Also the entire Oklahoma delegation were in sympathy with us in doing ever,ything they could to have us placed in the Kansas City District. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis f MOW Hon. ". J.Stone Should you to this matter, here could give more about this desire any specific information relative I am quite sure that any of the bankers you full information and tell you much than I can. Acexpectedthis hearing about ten days ago, but I see from the papers that it has been postponed for perhaps twenty days yet. I hope you can see your 7:ay clear at once, to take this matter up with Fr. McAdoo and if possible with the Federal Board at Washington. I assure you that it was a pleasure to get to meet you and discuss this matter, and I know you have many loyal friends in Oklahoma. I feel that we have a just cause and a good case and we should win out. Yours very truly, Address, Sayre, Oklahoma. Holmes, #322 ....athern Washington, D. C. PCM, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis _ %. "` \VC:3U- V- rt31\1\ cal." '!srch Z7, 1915. :)avai .1r:7he Federal aeserve Board has raceivad your lettar,,of, 4ara4,264orwardinL copies of the ar, aLient , s of Charles C. Huff, Cou43s1 for tilo Pederal riaserve DPn% of Dallas, 12ezas, given llearini; of .-eb.- ruc.ry 10n.. 1 tiink you for your attention to this 7ztter. T.espectfully, cretarj. ,e2:for.5. L. FoInes, 322 --outhern Build1n3, ;ashinuton, D. C. FICE TELEPHONE MAIN 8170 RESIDENCE TELEPHONE LINCOLN 2323 REXFORD L. HOLMES SHORTHAND REPORTER ROOM 322 SOUTHERN BUILDING WASHINGTON, D. C. March 26, 1915. The Honorable, The Federal Reserve Board, Washington, D. C. Gentlemen: 14x. Charles C. Huff counsel for the Federal Re— serve Bank of Dallas Texas, who appeared before the Board in the hearing of February 10th, has sent me copies of his argument prepared in his own office which he asks to have substituted in lieu of my report covering his argument. In making this requet Mr. Huff very kindly states that my re— port is the best that has ever been made of his arguments, but suggets that certain little things will creep into a rapid report, which he would like to have changed, and I submit his substituted argutent therefore, for such disposi— tion as you care to make of it. If it be considered proper by the Board it may be substituted in lieu of the original ) pages. I have the honor to remain, Very respectfully, RLH/M http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ?AMID FILE AO' / D3tYr' Your lene_r_of_LWLMVI, addressed to IIon. I aarles C. 0Overnor of the Federal 77 ener1e Board, ww . presented to the Boara at its reotinc on yesterday. After discussion it was voted that you shou ld be permitted, if 7aa desire, to file yritten argament of the kind you indicate with the Board, provided that such arcament is r?ceived not later than A'Tril lEth. Respectl'ally yours, :Acretar7. Ek. Charles 0. Huff, Counsel, Federal Reserve Bank, Dallas, Texas. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • 41 March 19, 1915. Charles C. Huff, Esq., Counsel, Federal Reserve Bank, Dallas, Texas. Dear Er. Huff; I have your note of March 15th as to being permitted to file a brief in reply to Senator Gore's argument. I will, with pleasure, call this at once to the attention of the Federal Reserve Board. Sincerely yours, / Governor. c.,"" http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ^ C:3ARD FILE /• 1 .7- .Z • ,6 • 1 16, 191E. 4 near tielustor.:. 'imp letter of rebrusx” 1Zth arldreossd to the Fodo2....1 Heser-vo Board statinc yo1 ri & c tha request of certain banks in Oklahoma, thet thrtr be , ,L)laccd. in the Federal recerve district of 4. Ransas City, came aulw to head. nne. .11as had the nattor., .icfn of the Fe':.:.er‘ti Reserve Bone... In view of tho neceasary CI Scacc: D of the. Roarcl and the illneza of t to ta,ke from the Cit:r of to boon dt)tor:thied Ohair, It Ica'. at lesat a month longer with rc3pect to aaeals , ,ion of the Orgzaisation f..`iomaitteue-Ti,ariinz the locatioa from tic le't'!. clistricts. ever„ t3 rj0en. aS This claeztion will be expedited liar- re.c.,'etinr: of the lIcard ce:n. 7 :CSIX:Otitti1y 7 yours, 3o oretar,-. Flom Thos. 2. Gore, United State !Senate, '79.shincton, D. C. 7 .:Pe Set3:17.'0(1. -a RECEIVED FEDERAL RESERVE BANK M AA 1 8 1915 OF DALLAS GOWZRNOR'S OFFICE CHARLES C. HUFF COUNSEL ::arch 15, 1S15. C. S. Hamlin, Governor, Federal Reserve Board, -rashington, D. C. 17:y dear Sir: When I was in Waohington at the hearing of he contest of certain banks in Southern Oklahoma to be transferred from the Eleventh to the Tenth District, I understood that Senator Gore, who was present, did not expect to make an argument, and I staid over to hear and answer the ar- gument of Senator Owen. I have just received a copy of the Oklahoma Banker for iTarch, and notice that on the 13th of February Senator Gore filed with your Board a written argument, copy of which the paper published. I had not known that he expected to file this argument, and write to know whether or not, in your opinion, it would be proper and permissible for this bank to have an opportunity of filing a written argument in reply to what Senator Gore has said in his wril,ten argument filed with your Board. At the hearing I understood you to say that we would be entitled to answer http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis *FEDERAL RESERVE BANK OF DALLAS C. S. H. • ,)-15-1915 simm.=mit anything that Senator Owen miTht say, and, for that reason, I staid over, breaking business engagements at other points. Vhen I saw that Senator Gore had filed a written argument with your Board, under date of Febru ry 13th, I thought that it would be proper for me to' call the matter to your attention and ascertain whether or not we would be permitted, if we desired, to file a written argument in relay. I desire to thank you and your associates for the courtesies shown me while in Washington, and, at your convenience, would be glad to hear from you with reference to this matter. Yours truly, CCH-RS http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (0 1) 0, FEDERAL RESERVE BOARD IFEDERM. gSRVE nAlID WASHINGTON REPORT OF COMMITTEE IN THE MATTER OF PETITION TO TRANSFER A PORTION OF SOUT:1ERN OKLAHOMA FROM FEDERAL RESERVE DISTRICT No. 11 TO FEDERAL RESERVE DISTRICT No. 10. 4qg TO THE FEDERAL RESERVE BOARD: Your committee reports that in its opinion it is convinced that the natural trend of business in the territory seeking transfer is towards Kansas City. This seems evident not only from a study of the transportation lines of the State of Oklahoma, but from a careful analysis of the briefs submitted both for and against the proposed transfer. Your committee is convinced that a large majority of the member banks within the territory involved are in favor of the transfer, and we are, furthermore, of the opinion that the change would be beneficial to both districts Nos. 10 and 11. There would be removed from the Dallas district member banks which every year have occasion to discount large amounts at the very time when banks within the State of Texas are also rediscounting heavily. The transfer of these bunks would, therefore, lighten the burden to be carried by the Federal Reserve Bank of Dallas, and would at the same time give the Kansas City bank a desirable borrowing clientele whose maximum demands for accommodation uould not ordinarily occur simultaneously with the heaviest borrowings by banks in the nothern part of the district. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis This transfer, if made, would reduce the capitL1 of the Federvl Reserve Bank of Dallas by about $386,000, but would still le,.ve it loith an authorized capital of somethinr over $5,300,000, or more than one and a quarter millions above the capital required for a Federal reserve bank. Its capital would still be in excess of that of the Federal Reserve Bunks of Atlanta, Minneapolis or St. Louis, and would be but slightly less than that of Kansas City. The Federal Reserve Bunk of Dallas now ranks in point of capital as No. 8 in the system, and th-t of Kansas City as No. 9; making this transfer ;.ould merely reverse the relative position of these two banks. We believe that the cleLrance of checks would be f(„cilit- Lied, and that the convenience and customary course of b,siness would be conserved by making this transfer, and we, therefore, recommend that the petition be granted. Respectfully submitted, March 9th 1915. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Committee. oalp "ve o I( • Vd http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Feuruarv 1b, 191J. Vy (Jell- Senator:Your itttf:r of VcbrAlry 12th addre3sed to the Federal Rtlerve Boar, 3tatie3 your jud, ;mtnt 2 '3c tr.L. Frorcatd change in tie boialdariza of Vie Feder-AI re.,t‘irvt, ,:iatrdata in lelich the State of Coklutiona ic contained, i„) reocived. take r1ea5urc in orin,:, your communic;ation attention of the Board. Vory truly yours, Soo rotary. Hon. ThomA3 P. Goro, United Stttea Senuto. I aha11 o tht immediate THOMAS P. GORE, OKLA., CHAIRMAN. 9.1Cnifeb Zfafes Zenafe, COMMITTEE ON AGRICULTURE AND FORESTRY, WASHINGTON. Treb. 13, 1915 To the Federal Reserve Board, Washington, D. C. Sirs: I write this,with your permission, in order to bear witness to my earnest sympathy with the request of the bankers of Oklahoma that the entire State, excluding five counties only, should be placed in the Kansas City Federal Reserve District. Two kinds of powers are conferred and two kinds of duties are imposed on your Board by the Federal Reserve Act. Certain provisions of that law are mandatory. In their execution the Board has no choice--no discretion. It can not consider circumstances. It can not be influenced either by its own wishes or the wishes of others. The manner of executing other provisions of the Act is discretionary. In respect of these the Board can take counsel of circumstances. It may be influenced by local needs and by the wishes of those whose vital interests are affected by its action. Let me illustrate my view. The Federal Reserve Act requires that each of the banks established under its terms should have a subscribed capital stock of not less than 4,000,000. If the proposal to transfer southern Oklahoma from the Dallas to the Kansas City District would reduce the capital of the Dallas bank below ;,4,000,000 then Oklahoma would have no right to prefer this request and your Board would have no right to entertain such a request or to act favorably upon it. It happens, however, that should the proposed transfer be made, the Dallas bank would still have a capital stock exceeding the minimum by 01,250,000. Your Board is, therefore, not fettered by this provision of the Act. which should interest and hand and,. on homa bankers I respectfully submit that there are two considerations control the action of theBoard in the premises--the general ultimate success of the federal reserve system on the one the other hand, the vital interest and wishes of the Okla, who seek the transfer. . That it is the deliberate wish of the Oklahoma bankers to be transferred to the Kansas City District is established by evidence that is not only convincing but overwhelming. That 110 national banks out of 135, reinforced by 178 state banks, should have joined in requesting the transfer leaves no room for doubt upon this point. That this wish is founded upon their real or upon their supposed interest is not open to doubt or dispute. Who are best qualified to pass judgment upon the interest of the bankers of Oklahoma? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — Ij 0. GORE, OKLA., CHAIRMAN. rACrtifeb Z)terte ,T3enale, COMMITTEE ON AGRICULTURE AND FORESTRY, WASHINGTON. They are experienced, prudent, successful business men. They cast their fortunes in a new country--upon the frontier. They have triumphed over adverse ciraumstances. They have succeeded by deserving to succeed. Shall it be said that interested bankers of Dallas are better qualified to pass judgment upon the vital interest of the bankers of Oklahoma than Oklahoma bankers themselves? The bankers of my State turn to the wisdom and justice of your Board as to the horns of the altar for protection against the rather aggressive guardianship of their Dallas neighbors. Interest is tne controlling factor in coezeorce and exchange, but custom and habit are not without great influence. The bankers of Oklahoma have their established connections and correepondents in Kansas City, St. Louis and eastern financial centers and institutions. There is no sufficient reason why these connections should be put asunder. There is no reason why established friendship, goodwill and confidence should be held for naught and the time wasted during which they have been formed. There is no reason why habits and customs approved by time should be reversed. Why sever old ties which are satisfactory merely to experiment with new ones? The experiment requires time and the issue is uncertain. Business has a right to insist upon certainty where it has been once legitimately established. It is undisputed that the currents of credit and banking have heretofore moved from Oklahoma to the northward and eastward and not to the southward. What proof could be more conclusive upon this point than the fact that not more than five Oklahoma banks carried accounts in the Dallas banks? It is, indeed, alleged that Dallas wholesale houses carry acco4ts with some 23,000 Oklahoma merchants. This allegation does not prove itself. Thera are not 28,000 merchants in the State of Oklahoma. Bradstreet lists some 22,000, and it can hardly be imagined, much less believed, that the wholesale merchants of Dallas have secured accounts with 6,000 more business men in Oklahoma than there are within the limits of the State. Entirely apart from the interest and wishes of the alone, the State itself and the people of the State Oklahoma bankers have a direct interest in this controversy. It is highly desirable that the political unit and the financial unit should comprise one and the same territory. It is highly undesirable that Oklahoma should be cleft asunder in the middle from one end to the other, that the veil of her financial temple should be rent in twain, that her bankers should be divided, that her people should be divided, that confusion should be made a necessity and that unity should be made an impossibility. Why pronounce such a sentence against an unoffending State: It has been urged that Oklahoma City or that the bankers of Oklahoma City are responsible for this contest. This allegation is disproved by the practically unanimous wish of the entire banking fraternity of the State. But if it were true I am prepared to defend such http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . GORE, OKLA., CHAIRMAN. • • . '7. /Cniteb Zfalez Zenatc/ 3 COMMITTEE ON AGRICULTURE AND FORESTRY, WASHINGTON. an ambition on the part of Oklahoma City. If it were so it were not a grievous fault and Oklahoma City should not be compelled grievously to answer it. Is not the ambition of Oklahoma City that the State should be a financial as well as a political unit, that the interests of Oklahoma bankers should be fraternized and united, that the future growth and greatneee of her people should not be foreclosed or fettered, is not this ambition on the part of Oklahoma City quite as legitimate as the desire on the part of Dallas to kidnap one-half the bankers of Oklahoma, to lead one-half the State into captivity against its will and to enhance their own fortunes by the sacrifice of that of their unwilling neighbors? Could such wedlock as Dallas proposes be auspicious, honorable or enduring, dictated by selfishness and force on the one part and submitted to with reluctance and protest on the other? Should not divorce precede matrimony in such a case? Let us admit that this is a contest between the ambition of Dallas on the one hand and the ambition of Oklahoma City on the other. The ambition of Dallas is unsupported. There is no other weight in the balances in her behalf. On the other hand there are many weights in the balances in behalf of Oklahoma City. Her ambition, if you please, is reinforced by the united, by the almost unanimous wish of the bankers of the State. Her ambition is reinforced not only by the wish•but by the interest, by the convenience, by the established customs and habits of a circle of business men whose sagacity is beyond challenge.' Her ambition is seconded by the present welfare and by the future destiny of the entire citizenship of a soverign State. Against these powerful considerations Dallas can plead naught but lust for the birthright of her brethren. I neither wonder nor complain that Dallas should desire so fair and fruitful a conquest. I am unwilling, however, that she should consummate this desire—the sacrifice of my own State and my own people. The foregoing considerations have been local or territorial in their character; have been limited to the rights and the Wi3110S and the interest of the parties directly concerned. There is another and a higher view which I would press upon the attention of the Board. The supreme purpose of the Board must be to guarantee the success of the federal reserve system by all honorable means. A new system at the very minimum has difficulties enough to encounter. Needless difficulty should neither be sought nor created. Banking is largely a matter of organized confidence, of organized goodwill. The maximum of goodwill should be sought as the greatest asset and the greatest guaranty of the new system. • VIhy not accept the judgment of Oklahoma bankers as to their own interest as final? Why not consult their convenience as they understand it? My not comply with their wishes expressed with such earnestness and unanimity? Illy not conserve rather than disrupt their established business customs and connections? Why make them start over and start differently? Why make them waste so much of time and toil? Why make them unwilling bondsmen unto a stranger? Why not capitaliz e their goodwill and make of each and every one of them sureties for the success of the new system. Lost respectfully submitted, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • v‘l2: PCM. r:05u,M. A 1i • M /Th / I r\I ,e , 41' e,' ,,, t f, n 44. 0 ° ' ,1 \,--•••• r I e k;, `--..1' t.- http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5 4, 1 7 ow o ......" Yebru:.tz1 1L, 1915, ,se 1./ . . , L r . 4 .. ..,•''' 1, " e e Hon, C. D. Carter, House (J 201)resentativeu, '2Ashinf:ton, D. C. . My dear Ur: Your ltor of Februarg_..enclosin!,7 a number of io.etter aratressel to you on the question of the division of tho state of Ur.:Lahonvalirith reference to Federal reserve bat districts, is received., In reTly you. are Informed that your letter and its enclosures will receive the r!lost c&refal A consideration of tho 7 rleral Reserve 'eard. Respectfally, 3ecretary. • 1 51319tuie larprtuttiatiurs Itinsilittgton, B. or. RECEIVED FEE 1 1 1915 OFFICE February nine, Nineteen fiften. My dear Sir: Herewith I hand you a rrimber of letters received by me on the question of the division that now exists in the State of Oklahoma with reference to the Federal Reserve Bank Districts. Y:Al will note that a large majority of them favor a change being :ade so that the entire State might be r,laced in one District and I am inclined to think that it would be better for our State. Very trIlly yours, Chairman, Federal Reserve Board, Treasury Department,, Washington,D.C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Kansas City Mem Dallas tato. McAlester Trust Co. Durant. National Bank Bank of Caney Antlers National Bank of Kreb-3 City National Madill Scipio State Bank First Bank of Kemp First National Boswell Marietta National Caddo National Bank First National Kiowa State National Ardmore First State Ft. Towson Vs-Eurant First National Kay Co. Bankers An National Bank Poteau First State Bank of Orr Bank of Ashland First National Poteau State Bank & Trust Co.Howe State National Hevener Oklahoma State Caddo /.-First State Hugo Farmers State Garvin Indianola State 1-Idabel State '-First National Idabel t-State National Boswell i-;First State,Idab-1 First Nati of Heavener Poep_esNational Kiowa City National McAlester First National,McAlester American National,Sti6ler American National,Mc:aester Behhington Realty Co. L.A.Hudson,Ydse,Coalgate Albert Hope,Mse., 4entrahoma. ( Tarmers & Merchants State,Talihina , First National of Broken Bow First Nationa1,7:arietta Okla. Traffic Assn., Okla City Anton Classen,President, Okla. Railway Co., Oklahoma City. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Non committal ITadill National Ardmore let Natl. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to you by the Hu3he3-BozArth-An4crJe1 Corny of Oklahoma City, Okla., protf:3tins asain3t piacin:, the State of Oklanoma, or any part thereof, in the Kan3a3 City district, ari bririin I shall tAke riea3ure in the communication to tho attention of the Board. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Fel)rmaly 6, 191,3. 71 (lour - This will a.elmowledee reeei t of y aur lett'er of Februarg 5th transmitting vari(nu; letterv in eorneetion with the application of the ban}zs of Tiztr..hora for z.). readj-o.strent of the re3ional districtI: line. Retto.11::Tours, AssittantSeoretarj. Kon, Robert 14 Owen, United States Senate, Uashingten, D. C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E Febrwxy 8, 1015. Olar"4, President, First Natio- al 3a713c, P Lpache , 044papa. j Dear air:Your letter of February aq,,statinl. " the dc*Are of your 1.ar.i7. to be transferrea from , the Dallas Federal Reserve district to tao Kan- sas City tlistrict and giving the reasor therefore, is received. I shall te Pleasure in laying your letter before the Feleral Reserve Board for its consideratioA. Respectfully, Secretary. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis February 1915. :Ir. L. T. ,;ammor.s, President, American :;ationa1 7 Holdenville, Jew: Your letter of Februmx4th,stating that you desire to be transferred from the Dallas Federal reserve district to the 1(ansas City district and f47inc the reason therefore, is received, 1 shall taks pleasure in laying your letter before the Federal :esorve 3oard for its consideration. Respectftaly, 6eGreLary. Pet', http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis February 8, 19/5. The First 2e,- *.ional Ban , Elk City, Crtlahoraa, "..• )ear Ars:— jtating Your letter of February 4thf that you desire to bo transferml from the DallE,-;a FeJeral reserve aistrict to the l'ansas City dis— trict and givinrz, the reason therefore, is received. I tiv,11 talc() pin;l.sure in layinc your lettor before the Federal Reserve lioarti for it consideration, Respectfully, 6coretary„ http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis :. ;... ,, ---I , ,-1 .7; , a , "-----7 r,. ,, 77), ,.L.....;,_,,,, ,-t.... - \CI: i 'j , ,, , 4 .. ..-, • I . . Ait...:-...../11 .C.' V -• ' 1:1A40 2. ...'t PebruLry f3, 1915. Pr. T. H. ::wyer, nicItadha :Ational Bank, ChIc'zn,sha, atlahomil. oramftimoii Dear air:. :J.mtZal=7,,4,th isimting nur let.L 4 desire of your bsiV.: to bo trnnsforrei from the Dallas Feloral Reserve district t) City district and giving the reason therefore, is receive. Shall ta%e pleasur in. layin,s Jour letter before the Pe:leral Penervo Board for its consideration. Respectfully, Secretary. # • . PCM. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis li'abru6.17 C, 19LLi. 212t. J. J. ,,0041, ?resilent, City Nationa1 Altus, atla'rzma. Dear Sir:Your letter of Febraary 4th, statinc the desiro of your bta: to bf:: transferred f.rora the Dallaa 7elora1 Reserve clic;trict to the Z.:11161.a City i1t and i71n 110 reaoi1 tiler('- for39 is 2.400eived, T 3h1i 'balm pleasure in laying your letter before the Pejeral Reserve Board for its corsilera.tions r.ospeetfi711p, ,:Ceretar-J. POYE. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Pebra_ry C, 1915, :4:r. J. 2. Beall, Prcoident, Farmers ;Ational Bank, P:anron, Oklahoua, Dear Your lettor of February RN statinc the desire of your bank to be transfermi from the Dallas Federal .1- eserve district to the Ic.ansas City district and givi:rn the reason therefore, is received, I obnll t.D1ce pleasure in layirn, your letter before the Peqeral Feserve BoaA for its corsideratior. Respectfully, ;:leOretary. • JOHN T. O'QU I N, PRESIDENT. J. A. HO D N ETT,VicE PRESIDENT. O. R. McKIN -C-A.314TER • :;i'aSERVE!EO N99946 d1 " r THE STATE NATIONAL ANK $71 , MA R LOW,OKLAHOMA Feb. 6 1915 To the Federal Reserve Bpard, Washington, D.C. Gentlemen: On January 9th I wrote you a letter in placing of certain reference to the parts of the State of Oklahoma, in the Dallas Reserve Bank district. I would refer you to that part of my letter wherein I stated that for the present, I would withdraw our protest. After a careful consideration of the matter, and with especially the interests of my bank and the people of it best to inform you that I now this vicinity in view, I deem have as an earnest wish, that this part of Oklahoma at least, will be transferred to the Kansas City dist rict. We deeply appreciate the honor that was conferred upon Okla- homa by having a banker from our State on the Dallas Board, and trust that our action in this matter will in no way affect his standing or position. In writing my former letter, I was consieerably influ- enced by the natural desire on my par. and which was doubtless the ,, case with others of this same part of Oklahoma, to home people , and to aid him along all dvance one of our uonsistent lihes. We are very grateful for the kind treatment received at the hands of thd Dallas Federal Reserve Bank, and regret that we do not find it consistent with our viX, to desire to still remain in district. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Respectfull Cashier. 4r • FEDNAL n:SERVE r.2.3.1,1-1D FILE! 6- 5j*iio9a1e ( *9k e_ W. A.WADE ,PRESIDENT. A.B.SMYTH E ,VICE PREST T. L.WADE,CAsHIER W.A.DARNALL,Asst CASHIER 9krlowt,Ok1a. Feb. 6 1L5 To the Federal Reserve Board, washington, D.C. Gentlemen: ry letter to n*. Ben C.Smith of Fort worth Texas,dated August 29" 1914, was not written witht he idea that it woula be used as evidence that I favored the present division of the State Of oklahoma, in the reserve Districting proposition. I have always been of the opinion and desire, that Oklahoma should be in the liansas City District, nd. if my letter was used otherwise 1 did not so intedd. llt is but natural that Bankers of the smaller Cities should try and remain in favor with their friends in the Teserve Centers, and perhaps there are others tfto have written letters similar to mine, with no idea they would be used as evidence before your Board . j I will be glad to see the South part of our state placed with the _North in the :ansas Coty District , Very resectfu ......• ' „ - http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis -- ROBERT L. OWEN. OKLA.. CHAIRMAN. GILBERT M. HITCHCOCK, NEBR. KNUTE NELSON, MINN. JAMES A. REED, MO. JOSEPH L. BRISTOW. KANS. ATLEE POMERENE, OHIO. GEORGE P. MC LEAN, CONN. HENRY F. HOLLIS, N. H. . "1 COE I. CRAWFORD, S. OAK. JOHN F. SHAFROTH, COLO. JOHN W. WEEKS, MASS. UNITED STATES SENATE, BLAIR LEE. MD. SERVE BOARD PLEA VEDE. Al JAMES W. BELLER, CLERK. COMMITTEE ON BANKING AND CURRENCY. I c---1 %Fob ruary s, 1915. Hon. Pairker Secretary, Federal 'Reserve Board, rTi min :y 1 .127 MIT art merit . dear 7r. Willis: For the consideration of the Board in connection with the apiqicatic,n cf the tanks ef Oklahoma f(r a readjustment of the regional district line so as to include the State of Oirlahcma entirely Vdtllin the Transr city 7e:-ervr. District, I forward herewith ,s additional letters 1.711. 'oh I have received from tankers ftrcing this change. Very respectfully. 7ncl. J " 7 1 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis RECEIVED 112 L./ t. P FEB u 6 p / m5 W.B.S.00 OWLW.CIT, .T. S BEALL PRESIDENT. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IMPLE NO s"\ i (' 1\ W. E.COMMONS.CASHIER DR. LEE DORR041110E PRES. ,V10E PRES. 1 ) =-• 10521 ANICI _NITONVILI CAPITAL STOCK S25,0009 I MN:DM\ ,R(cf,,\ Feb. 5' 1915. , Federal Reserve Board, Washington, J.C. he Farmers Ilational Bank of Hammon wishes to add its voice to the request now going up to your Honorable Body that this part of Oklahoma be included in .ederal Reserve District No. 10 otherwise known as the Xansas City District. Practically all of our business is trans- acted with banks, other corporations, etc. in the Kansas City -oistrict. We have no transactions with Texas points except what we are now doing with the kederal Reserve Bank of Dallas. Live-stock is the main business in this part of Oklahoma, consequently relations with Kansas City are both necessary and desirable. We are finding it a serious handicap to be compelled to do business with Dallas. Hoping you will be able to extend us some relief in this matter, I am Very respectfully, JTB-B \President. S. No.9952 >ST' 106 1, E. K. THURMOND,PRES I .0.THURNIOND,VicE PRES. A.L .THURMOND,CAsHiER. J.P.THURMOND,Assi.CAsHieR. , VATIONSA http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5 50,000.00 ELK CITY, OKLA. CAPITAL Thuroda February 4th, 1915- Federal Reserve Beard, T'ashinEton, P. C. Gentlemen:— Some three or four weeks aGo I wrote a letter to the Federal Reserve :ioard, Tallas,Texas, in v7hich I stated thtt we preferred to 10 placed in the Kansas City 7i3triet, tut that we were villins to cvait Ihtil the Pee:cral Reserve Lanks were in c'mc running order or wort' : to this effect. It is cur desire at this time, and has alviays been, that we shoald be placed in the Kansas city Ilstrict, since practically all of our business GOM015 throua that point. - a believe that matters have adjusted themselves in the past thrity days so that we could be changed to the ranses city 71etrict, dna e, ao AuL *flat our feriner letter to be misinterorotod to t'Lf effcct 'Mull; we Co not want in the 7,arvisk-; City T1r1et, anC jaot e.,:3 soon 6.0 'we can cet there. "ccry truly yours, a s 1.4 L Cashl. e r•- T h. DWYER,PRESIDENT Wisi E. DVVYER.VicE PRESIDENT Roy C. S M ITH. CASHIER • • 2,. ) No 8203 THE CHICKASHA NATIONAL BANK UNITED STATES DEPOSITORY. , CHICKASHA,OKLA., reb•4/11-) Federal Reserve Board, 7asington, D.C. Gentlemen:— As you will shortly consider the application for change of boundaries of the Eleventh Reserve District I simply wish to ii_press on 1.) per cent of our business your board the fact that fully ninety nine (99( go 's to Kansas City ,and that point is the natural out—let for Us and this Southwestern part of 0171ahoma,and urgently aSk that practically all of Ohlahoma be placed in the Kanoas City District. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Y9V ir ory 1/ pifictent. ;It'D L.T. 5AMMON5.,PpEsIDENT. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Al V. 5. D' J. W.5HOFNER,CA DS ,VICE PRESIDENT. N. E.TEMPLEMAN, 7619 AME111CAN NiiikTI°NAL BAN HOLDENVILLE,OKLAHOMA Feb. 4 1915, Federal Reserve Board, Tashington, D. O. ContlImen:We desire very much to be transfered from the Dalian Reserve Dintrict to the Kansas City Reserve District, ftr trcason that nine-tents of our business goes either through Kansas City or . t. Louis. ) -1 7,- lave be,n a member cf ito the Federal Reserve Pink .at Dal. ac 6 orr;intlzation .1nd hve never :7 4 sent on 1.tem thrcwh the Federal Reserve flank at Dallas or received one from them. We can account for 7 this only for tL, reason, an I set, that aid in th.. out- cot all of our busi7,ewl [:;oeseithr through Kansas City or St. Lo . is. I jrst talked to the First National Bank of thin city and they also inform me that they havc never sent an item, or drawn an item on Dallas. There- fre we urgently .request that you transfer us. to the Kansan City District, and oblige, Yors very truly, Preol.dent. CAdHIER. SAMMONS,PRESIDENT. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis VS.DO.S,VICE PRESIDENT. J. W. SHOFNER,CAS. N. E.TEMPLEMAN, ASS'T. CASHIER. I 7619 AMERICANNATIONAL BANK HOLDENVILLE,OKLAII(Mt Feb. 4, 1915, Federal Reserve Board, Washington, D. C. Gentlemen:We desire very much to be transfered from the Dallas Reserve District to the Kansas City Reserve District, for the reason that nine-tenths of our business goes either through Kansas City or St. Louis. We have been a member of the Federal Reserve Bank at Dallas since its orginization and have never yet sent an item through the Rederal Reserve Bank at Dallas or received one from them. We can account for this only for the reason, as I said in the outset, that most all of our business goes either through Kansas City or St. Louis. I have just talked to the First National Bank of this city and they also inform me that they have never sent an item, or drawn an item on Dallas. There- fore we urgently request that you transfer us to the Kansas City District, and oblige, Yours very truly, m President. ii . 1) Tinders]. Reserve Board, 7asLington, D.C. Gentlemen: :. the application for chani of Az you will shortly considor on Dstriet I :limply wish to ries of the Eleventh Reserve bounda of our business nInety nine (99;)) yr cent r board the fact that fully you for U3 and this nt is the natural outlet s to Kansas City ,and that poi go' ctically all of tand urgently ask that pra thwestern part of Ohlahona Sou as City District. Oklahoma be placed in the Kan Yours very truly, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis President. • No.9952 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E. K.THURMOND,PnEs I .C.THURMOND,VicE PRES. AL .T HURMOND,CASHIER J.P.THUR MOND,As57. CASHIER. " jATIONAI ItAN } 5 50,000.00 ELK CITY, OKLA. CAPITAL Thursda y, February 4th, 1915- Federal Reserve Board, Washington, B. C. Gentlemen:— Some three or four weeks ago I wrote a letter to the Federal Reserve Board, Dallas,Texas, in which I. stated that we preferred to be placed in the Kansas City District, but that we were willing to wait tiatil the Federal Reserve Banks were in due running order, or words to this effect. It is our desire at this time, and has always been, that we should be placed in the Kansas City District, since practically all of our business comes through that point. We believe that matters have adjusted themselves in the past thrity days so that we could be changed to the Kansas City District, and we do not want our former letter to be misinterpreted to the effect that we do not want in the Kansas City District, and just as soon as we can get there. Very ' HOP- C urs , t,,11,00 CO 1 .0.[Mok li t [17 - -. 7 CAIPITAI. AKFUS,OKLA. Feb,4th, 1915 - Mr Chas S.Hamlin, Gov,rno,, 71clera1 Peserve Bank, washington, 11.C. Dear Sir:Some weArs ago Mr Frank Kell phoned the writer asking if lculd write a letter stating that w disired district lines unobanged for thT present time. Ke11.9 explanation of thia was that -the Dialair board wished to get thingo running also this letter would not preVeilit- Ue -frolater on tryin to effect a change tci te 144440, City district. :• Nor/ ws wished to bf? placed on record as favoring a change to District-, number ten. Fully 907 of our items are handled thru Kanato City ari i': is not at all convenient fol us to . placeJ ia the Dallas district. Trusting that nie Board will makci.: this :change as I 1P , ! ,1 that it is but justice to 4 large majority of Oklahoma Banks, I am. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Very epeotfull • President. 41. - on• 41V; HALL LI,. CO . TOOLMA 44 Kii\s‘h I Mr Chas S.Famlin, Covrnor, Izideral Reserve Bank, Washington, Dec. Dear Sir:SoMe weeks ago Mr Frank Kell phoned the writer asking if we would write a letter stating that we disired the district linec unchanged for the present time. - Mr Kell.s explanation of this was that the Dallas board wished to get thingu running smoothly, also that this letter would not prevent us from later on tryinP', to effect a change, to tLe Kanuao City district. Now we wished to be placed on record az favoring a change to District number ten. Fully 907 of our items are handled thru Kancas City and it is not at all convenient fo?: us to be placed in the Dallas district. Trusting that the Board. will make this change a I feel that it is but justice to a large majority of Oklahoma Banks, T am. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Very Respectflly President. 7i:7 3 1 '15 W. T. CLARK, PR ES. FARM LOANS A SPECIALTY T127 J. M. BOHART, CASHIER • FEg:RAL RESERVE ;3ARD FILE' FIRST NATIONAL 13A1)'li: CASH CAPI'ES.E. S.10.000.00 Z ;-) February Secretary Federal Reserve Board, •••••Iperc''''Washington, :).C. Dear My attention has been called to a letter written by me to l!r.Oscar Wells, Governor of the Federal Bank of Dalls Texas under date of August 31st. 1914. It appears that the letter has been filed with the brief in the case of transfer of certain memeber banks in southern Ohla. to the Lansas City District. Regarding this letter permit lie to say that it was written by me to r. Yells as a friend of lang standing and T felt like -aLing my opposition to the lines of the 'istrict as lir;ht as I could on account of personal relations between us v'orever if this 0 lettee is ,,z) be used in this contest I wish ido say tat 1 an unalterably opposed to remaining in the Dallas District for the ve17 good reason that banli3 in this section nave no business with Texas cities. We feel that it would be a great business misfortune to us if we are: to remain in the DallG District for the reason that has been stated over and over viz:-we have no business connections with the Texas City. ' When I wrote the letter mentioned above a copy of which is with the brief in your hands I was not aware that an effort would be made to have the Federal ranks clear items for country member institutions. If this practice should be taken up we would certainly be placed in a very awkward position, we would be proceeding backward all of the tine. A PA(."(' ()K LA— ' 11. The stui total of the business is no banks in this part of 1;1.:1a. have 7uch businesq to transact with Texas points but we go naturally o Jity and St. bouis, this condition is not of cur makinn: or eloo.7ing , but has come about naturally during a business experience of this section coverinl: a period of many years, I doubt if we can ever change it. This is the reason why we should have never been placed in the lower district and the vury good reason why we should be Placed wbere it wculd be to our best interests. Very truly, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ; • Otlahoma Railway Company 12 Anton H. Clasen, President Oklahoma City, 7 .b. 3, 1915. Hon. C. D. Carter, Washington, D. C. Dear Mr. Carter: I understand that the petition for the re-diqtricting of Oklahoma will be argued before the Federal Reserve Board at Washington on next Wednesday. I have written you previously regarding this natter but wish to call your attention to it again at this time and to urge upon you the vital necessity of doing everything in your power to have all of Oklahoma included in the Kansas City District. This is of r2uch importance to the different sections of Oklahoma in the following order: First: To all of Southern Oklahoma which is now annexed to Dallas, and which when it 2'eally needs money has to go to Northern points such as Kansas City and St. Louis. Second: To Oklahoma City whose banking and jobbing interests will suffer on account of the withdrawal of bank balances and the shifting of buying from Oklahoma City to the Dallas jobbers. Third: To the entire state of Oklahoma, as there is not a city or community in any part of this state but what are suffering from the effect of the ptate's being cut in two. I trust and believe that you can see your way clear to get behind the delegation of Oklahoma business men who will present this matter before the Federal Reserve Board next Wednesday and render them every assistance in your power to bfing about the desired result--A United Oklahoma. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours very truly, Form 40 • TELEGRAM FEDERAL RESERVE - - ' BOARD WAS H I NGTON -0-2- GLIUM Civ.r.1 )2 C. Thfi, Counsel, Federal 116 *Irv* Pdr.k rf Del la 7, Plea - tor 4,r co: y your re 1y bri..f W. P. Reirr1sone908 Colcord, Oklahoma, City, Oklahortn. • Secretary. (MITT AL. OFFICIAL BUSINESS GOVERNMENT RATES CHARGE FEDERAL RESERVE BOARD • http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FARM LOANS A SPECIALTY T. CLARK, PRES. J. M. BOHART, CASHIER • • NO. 712z FMST NATION AL BANK CASH CAPITAL,. S40.000.00 A 11E, OK EA.. February 3rd. Secretary Federal Iteserve Poard, Washington, D.C. Dear Sir:-My attention has been called to a letter written by me to Mr.Oscar Wells, Governor of the Federal Bank of Dalls Texas under date of August 31st. 1914. It appears that the letter has been filed with the brief in the case of transfer of certain memeber banks in southern Okla. Regarding this letter permit me to say to the Kansas City District. that it was written by me to Mr. Wells as a friend of_larT standing and I felt like making my opposition to the lines of the District as light as 'however if this #4 could on account of personal relations between usd letter is to be used in this contest I wish to say that I am unalterably opposed to remaining in the Dallas District for the very good reason that We feel that banks in this section have no business with Texas cities. it would be a great business misfortune to us if we are to remain in the Dalls District for the reason that has been stated over and over viz:-we have no business connections with the Texas City. When I wrote the letter mentioned above a copy of which is with the brief in your hands I was not aware that an effort would be made to have the Federal tanks clear items for country member institutions. If this practice should be taken up we would certainly be placed in a very awkward position, we would be proceeding backward all of the time. The sum total of the business is no banks in this part of Okla. have much business to transact with Texas points but we go naturally to Kans. City and St. Louis, this condition is not of our making or choosing but has come about naturally during a business experience of this section covering a period of many years, T doubt if we can ever change it. This is the reason why we should have never been placed in the lower district and the very good reason why we should be placed where it would be to our best interests. Very tru http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OFFICERS EXECUTIVE COMMITTEE H. M. SPALDING, President, North Enid T. If. DWYER, Vice President, Chickasha ' H. A. McCAULEY, Vice President, Sapulpa W. B. HARRISON, Secretary, Oklahoma City J. Tr. TETER, Treasurer, Bristow http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis L. E. PHILLIPS, Chairman - Bartlesville II. H. ANDERSON CoteGo R. P. BREWER, McAlester P. C. DINGS - Ardmore CHAS. L. ENGLE El Reno GERMAN FRENCH Jr. Ton kawa 1. A. HOLT T. P. MARTIN, Jr. OklahomaGage City RALPH REED Lawton P°m GUY C. RQBERTS 1 - OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY, OKLA. February 2, 191.5. k cIriS€L.&i r Mr. H. Parker Willis, Secretary, Federal Reserve Board, Washington, D. C. Dear Mr. Willis:I have yours of the 30tNtnd have also received copy of the Dallas Brief referred to therein. Thanking you for your courtesy in sending this, I am Very truly yours, Secretary. WBH-C. RECEIVED \ • FEB 5 915 • ' , • SoutWand Cotton Co. ; MANUFACTURERS OF $.' E:Pa)eflOPW:31 E 1 JAS. W. Du PREE, MANAGER. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Oklahoma City,Okla. February Sec pnd Nineteen Fifteen Hon. Robert L.Owen, Washington, D.C. Dear Sir:The writer takes the liberty of writing you in regard to the Districts of the Regional Banks that cover our territory. You of course understand that the southern part of cur state was put in the Dallas, Texas territory. To this we beg to call your attention. In the first place it is extremely inconvient for banks and businesses in this state to have their accounts divided, and it is very inconvient for those , that do not divide their account to put their rediscounting in Dallas, Texas. All of this state or practically all of it does business direct with Kansas City or with banks belonging to the Kansas City District. In fact most of the business in the southern part of the state comes through Oklahoma City and it is not fair to our interests here to have this business divided or go to a place where we are unknown, and if you can use your influence with the Regional Board to put all the state of Oklahoma in the Kansas City District you will do a work for our people that will be appreciated far beyond anything you could do at this Soutgand Cotton 04 CO. CaSSORS TO ON OIL CO. MANUFACTURERS OF GOAT0NI SEED PRODUCTS. JAS W. Du PREE, MANAGER. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Oklahoma City,Okla. 2 Hon.R.L.O. time. Running a business aside from banking, it is very inconvient to have our banks go to Dallas f their discounts. You understand this company operates five oil mills in this state, and of course necessarily in the uouthern 1 art of the state where the cotton is raised, and : being a large borrower of money, say from October until May we feel greatly the inconvience of our banking going to Dallas, in fact we have been getting all of our money that the local banks could not furnish us from Kansas City. Speaking from a bankers standpoint and from a money standpoint we feel that Kansas City is better able to take care of this country then Dallas would be. Texas being the largest cotton producing state and necessarily needing the most money to handle the crop they perhaps will be strained during the heavy marketing of cotton while the Kansas City bank disposes largely of its grain and cattle industry which really feeds the town of Kansas City. They by the time we need money, say October first, have gather Q: in an enormous amount of crops and stock and are really easier and are in a better position Sout and Cotton G Co. SUCCESSORS TO MANUFACTURERS OF N SEES4rreeerWM4 c.9Tt / 1 ° (JAS. W. Du PR http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Oklahoma City,Okla. 3 Hon R.L.O. to be aasy on money matters then they would be in Texas, so we feel that it is nothing but right that all of cur state should go to Kansas City and not be divided up intc two districts, and,sspecially when one of these places is foreign to us. Trusting that you will do everything in your power at the hearing on Wednesday,the tenth,in Washington, we again assure you that you will espouse the cause of all Oklahoma business men, and thereby entrench yourself in such relation with the business interests of the state that it will undoubtedly be of interest to'you later. Yours very truly, J771). c eLb- R. E STAFFORD, CHARLES W. BOGGS, PRESIDENT BUSINESS MANAGER fki E. K. GAYLORD, SECRETARv•TREASURER S. T. BISBEE, rfIIMANAGING E OlintiligNiW r ( DAILY AVERAGE CIRCULATION LAST MONTH SUNDAY A GUARANTEED LARGER CIRCULATION THAN ANY THREE OTHER OKLAHOMA PAPERS COMBINED )4 1555Nrir , BUILDING OWNED AND OCCUPIED BY THE OKLAHOMAN AND THE OKLAHOMA PARMER•STOCKMAN http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OKLAHOMA CITY, OKLA.. February Second. 1 9 1 5. Senator Robert L. Owen, Washington, D. C. My dear Senator:I don't believe that any subject is disturbing the business men of both Northern and Southern Oklahoma more than the action of the Federal Reserve Board in splitting this State and assigning the :louthern portion to Dallas and the northern portion to the Kansas City District. Surprise and disappointment was expressed most generally, not only by bankers and wholesalers, but by business men in general in the towns of Southern Oklahoma as well as in the banking centers like Muskogee and Oklahoma City. I believe that the business interests of the whole State are practically united in desiring that the State be kept intact and attached to the Kansas City Reserve District. I might add that in the seven years since Statehood, I have never heard onetenth the criticism of the Oklahoma Delegation in all matters combined that I have heard against the Oklahoma Delegation on account of this one occurrence. Of course, I don't mean that this criticism uf the Oklahoma Delegation is just or fair or that the Oklahoma Delegation is in any way to blame for the action of the Federal Reserve Board. I do believe, however, EDITOR http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S Sen. R. L. O. -2- Feb. 2, 1915. that there is nothing which the Oklahoma Delegation could do which would meet with greater favor from the Oklahoma business men generally than a successful effort on the part of the Delegation to have the Federal Reserve districts so re-arranged as to have the state of Oklahoma placed entirely in the Kansas City district. When I wrote you about this matter last fall, you replied that you woala do all that you could to bring about a re-districting in accordance with the best interests of Oklahoma, and I am only reminding you of the matter again, because I want you to realize how much importance the business men of this State attach to this subject. Your efforts in the matter will indeed be appreciated by all. With very beet regards, I am, Very truly your EKG-VT. Li; reasurB pepartnxeut TELEGRAM 22n MO 23 H DALLAS Texas Jan 3,6---a Sherman Allen,Assistant Secretary,Federal Reserve Board, Washington,D.C. In accordance with your telegram‘I have today forwarded to HarriBon 903 Colcord building Oklahoma-City copy of my brief http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Charles C Huff 116pm http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I am today forwarding you coy of -,orve the reply brief filed by the Federal R , Bank of Dalls in the matter of the petition of certain member banks in Southern Oklahoma for transfer from the Dallas to tf.1 Kansas City district. As previously advised, the ht,ringsof oral arguments in this caae :rill be Lc:ld tho office of the Federal Reserve Boar, Treasury Building, Washington, at dlavon o'cic February 10, 1915. Please acknorledge receipt -4 this http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis „,/ ; t v 11 fl Yr. Charie C. Huff, Counsel, Federal Ref:erve Bank, Dallw:, Texas. T wi:lh to acknowledge reccApt of your icttor of January 25, oniosinT- numerous letters reply brIef, ton copis cf which. frred to in your re. wore received this morning. .1. you kindly formard ten wore copiel; of 1 brief Regulation No. 1, soon e.s possible? your weals, requires each governing procedure in theca vu-ty to file tw7;nty copiez; of the brief subritted. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE BOARD FILE your interest in the hearing of the Oklahoma bahke for the Federal Reserve Board, I give you herewith C. Ruff, Counsel far the Dallas Federal Reserve Hon. Joseph B. Thompson, House of Representatives, Washington, D. C. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis DENNIS T.FLYNN,VicE PRES r FRED BALDUFF,VicE PRES T GEORGE A FOSTER PRESIDENT 0, CHRIS D JENSEN CAsHiE. GUS A LEY Ass r CASHIER CHARTER NO. 6E172 cAprrAL S Z 5, 00.52 , / 22 grp WaytkplitatouniN $an. 27, 1915. Eon. Robt. L. Yvrgln, U. Senate, W9,shington, D. Dear lir:I notice th aftlr so long a tine a haring is to be Aad in the matter of chancing the lines of the Yederal Reserve Districts so as to include all of Oklahoma in district number ten. I hope that we will be able to get this change effected with yol4r aid. There is no one t:king from which. thiq ;at has suffered mre than from the division into east ari west, or Indian Territory (Ind Oklz:'-lma Territory it is frequently called. 713 run against it in all our public meetings, in politics, in the selection of our officers, even our lenators, and it ia frequentl:y .Itated that the on side or other rontrols th mectini7. It will last for a good many years. Now if the redervi Reserve Banks become a great power and do as much good as their friends predict they will we will have another lino making a north and south sila or rather cutting the Sti,ta into quarters. We will then be so arrayed eacll other that instead of being a formidable State in our contest with other States we will first have to gat together and agree among ourselves before we can be a ?ore° against any one else on the OUtSile. Another thing we will procJably never be aLle to obtain a branch bank in our Itate under the present arrang';mont. This part of our State will likely do business at a branch located in Wichita !vhich will only build up our adjoning Stat. The souti-Irn part of the State Probaoly will /laver qet a branch as they are close to the Dallas Ballk anyhow and hive no large cities. Thile alllas is close to a lot of the southern part of the state, as far as mile:I 1.re concerned, it nlvt.3r has Ind any business with our tate in u bur%in7 line rd indeed navel. seemed to f7r: ony, aa an c)- -1 Dalld.3 in thil part of our 2 Itate was a very rare thing ma alno n expensi7e one http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis —2— to handle, aR c;lecks on tl-Al.t City have always bean hard to clear par. :4 banker frilnds in the soathern part of the State tell me that servi3e is puor as far as Dallas ia concerned ::.13o, and that thcy can In a p4Ct a rrly to a lettir from Kan:30,0 '7ity BUdi%198 all leads to befora they can from Da1li. Kansas (I'Lty and It. LwAio in a fint.:acial way and it will be hard to change it. I hope tLat, ;Ill 0.3 all you possibly can to vt this territory put in our 11,3trict, and I am sura that yaur action will be a- pr3ciated by all of our reople and that it ill be a gr -.:at thing flr the c3tate and its future (3rowth. Vary truly yours, 04, *reasixt•B pepartnxeut TEL-EGIRAM 91'1U A 11DII DALLIS TEXAS January 28 1915 H Parker Willis ViashT n B C Your telep•n:.-- (received. Briefs had. already tone forvirv.d before its recedIt http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chas C Huff 1155Pm orm 40 Jr]) • TELEGRAM \ FEDERAL RESERVE BOARD WAS HI NG TO N January 27, 1915. Mr. Charles C. Huff, Attorney-st-Law, Dallas, Texas. Reply brief in ro southern Oklchoma appeal due today. If not on way ploe oond st once. OFFICIAL BUSINESS GOVERNMENT RATES CHARGE FEDERAL RESERVE BOARD http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Secretary. • A R. J. E D WA R D S R OF; LI C SECURITIES STATE NATL.BANK -/72w5 BUILDING OKLAHOMA CITY, OKLA. MONTGOMERY CODE January 26, 1915. Senator Robert L. Owen, 7ashington, DX C. Dear Senator Owen: I write you in regard to division of our State into separate federal reserve bank districts. I have traveled about over the State considerably and talked with bankers and businessmen in both districts and I find a general feeling of discontent and dissatisfaction, owing to the present arrangements. You are as familiar, if not more so, with conditions here in Oklahoma than I am and you must know that the bulk of our banking clearances are through Kansas City. We have very little business with Dallas or Port Worth and our banking business in that direction is always at a loss and inconvenience to our bankers. I believe if it is possible for you to influence a change and have the entire State placed in the Kansas City district, it would work a great economic difference, as well as a great convenience to bankers and businessmen. I want to appeal to you as a banker, connected with three banks, and as representing other business interests, and to speak for myself and for hundreds of others, and I will say definitely for twenty-five or thirty very substantial men and friends. I have not any statistical data but no doubt this will be, or has been, furnished you. I am actuated by my own personal inconvenience, as well as loss ,rowing out of a continuation of the present condition. I sincerely trust you may see it to the best interest of the people of the United States to have us united under one jurisdiction. Another thought occurs to me that if we are united and the entire State is placed under one jurisdiction, that it is among the possibilities, and I might say probabilities, that we could SOide day have a branch bank, either in Oklahoma City or Muskogee, or both. This, as you know, would be of i.ameasurable benef t Very sincer RJE W http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • ITH. PRESIDENT • THE FIRST NATIONAL BANK. T MC CAUGHEY,VICE PRES'T A. RAY, VICE PRES', OF LINDSAY, OKLA. C. OSTELL.O,CAsHIER. F. M.BELL.AssT.CAsHIER. . CAPITAL $ 25.000.00. SURPLUS $ 25.000.00. UNDIVIDED PROFITS. $ 26.000.00. Jan 25 1915. Hon Robert L. Owens, M.C. Wahsington, D.C. Sir:-The matter of our being transferred to the Kansas City Federal Reserve district will be heard before the Federal Board w*tthin a few days amd I am sure that owing to your wide banking experience it is not necessary for me to mention the many inconveniences we are working under by being in the Dallas District. A country bank is in worse shape I think than a city bank, since we have a hard struggle to maintain our lawful re. serve, owing to the great demand from farmers for loans especially this year. We cannot clear anything on Texas (Ex- cept Bank exchnage on Reserve Cities, thru our Dallas Tank) which forces us to keep a Texas account for the sole purpose of clearing Texas items. Being forced to keep the Dallas ac- count and keep it up to the requitements, we must now replenish it thru Kansas City, since we are forced to clear our items thru Kansas City or eastern banks. 95% Please help us in the matter to be transferred to the Kansas City Disk trict and thereby lift a heavy burden from us. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours respectfully, of /22,(:-// "17 / THE FEDERAL RESERVE BANK OF DALLAS DISTRICT NO. II DALLAS, TEXAS January 25, 1915. Mr. H. Parker Willis, Secretary, Federal Reserve Board, *Washington, D. C. Dear Sir: Under separate cover I am sending you ten copies of the brief of the Federal Reserve Bank of Dallas, in reply to the petition and brief filed by certain banks in Southern Oklahoma. I am enclosing herewith numerous letters referred to in our brief, the majority of them being to the Federal Reserve Board and to Directors of the Dallas Bank, a part of them from banks Which have been listed as petitioning banks. Will you kindly file the original letters, as well as the briefs, and call same to the attention of the Board? In a letter written by you to Mr. E. 0. Tenison, Federal Reserve Agent, Dallas, Texas, under date of January 4th, you state that the Board voted to grant this Bank permission to file its brief in reply to the petition until February 1st. I am quite sure that these briefs and supporting data will reach you before that date. I would deem it a favor if you would write me acknowlecting receipt when these papers are received. Yours truly, ii Enc. CCH-RS http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Counsel. PCM„ http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis \ BOAVID FILE e*FIEDTE.I1AL VIT....Sr:VIE 1 , \ — January 22, 1915. qonorable J. B. Thomson, Rouse of Representatives, -7ashinrr:ton, L. C. My dear 3ir:Your letter of January 2l, relative to the hearinE of the petition of the banks in southern Oklahoma, is received. have no knowledge of any attempt to postpone the hearing from Rebruary 10th to rebruary 20t1- and expect that it will be held on the former date. Respectfully, 3ecretary. I • SIXTY-THIRD CONGRESS. BEN JOHNSON, KY., CHAIRMAN. WYATT AIKEN. S. C. CHARLES P. COADY, MD. HENRY GEORGE. JR.. N.Y. ARCHIBALD C. HART, N. J. T. H. CARAWAY. ARK. W. 0. mULKEY. ALA. GEO. E. GORMAN, ILL. WILLIAM J. CARY. WIS. DENIS O'LEARY. N. Y. S. F. PROUTY, IOWA. E. E. REED, N. H. SAMUEL WALLIN. N. Y. CLAUDE L'ENGLE, FLA. S. E. WINSLOW, MASS. J. B. THOMPSON, OKLA. A. L. KEIsTER, PA. ROBERT CROSSER. OHIO. CARL E. NAPES, MICH. HORATIO C CLAYFOOL, OHIO. A. H. WALTERS, PA. COMMITTEE ON THE DISTRICT OF COLUMBIA, HOUSE OF REPRESENTATIVES U. S., WASHINGTON, D. C. SAM W. ESKEW. CLINK. January 21st, 1915. Hon. H. Parker Willis, Secretary Federal Reserve Board, Washington, D. C. My dear Mr. Willis:My I have yours of the 19th int,A, in reply to mine , ' the 14th r;Ig.T176 1 —The 17, 74"nrt 34 - -Z the petition of banks in southern Oklahoma to be transferred from the Dallas to the Kansas City Federal Reserve District. Replying thereto I beg to say that I sincerely hope that the Federal Reserve Board , 1111 require the Dallas bank to present its objection to the transfer on February 10th, the date set. The banks in southern Oklahoma have become some-That nervous on account o the long delay and great latitude granted the Dallas bank In this matter. This nervousness has been added to by reason of a long article carried in the Financier, a publicati'm published in the city of New York, in which the statement was made that the Federal Reserve Board had adjourned the meeting of Cae Southern Oklahoma bankers protest until February 20th. The article continues with a long argument in favor of Dallas, and sets forth the reasons why the board has extended the time as to show the Southern Oklahoma bankers that Dallas is the proper place for that portion of Oklahoma. Our people do not know who inspired this article, but they are wondering -that was its authority for making the statement that the Federal Reserve 31ard extended the time so as to show the southern Okla:aoma bankers that Dallas was the proper place for that portion ,of Ci-lahoma. If you have any information on this subject I will be glad to have it. Sincerely yours, of4 •, 9, :AN 22 -3 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E.K.THURMOND,PREST http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C.B.FINCH,ASST.CASHIER O.L.THURMOND,Assr CASHIER GUY FORD,CAsHieR I.C.THURNIOND,VIcE PREsT. N? 9959 I .4 1 20 1915. Sel.ator Robt. L. Owen, Washington, D.C. My Dear .,enator:I notice from the papers that the matter of transferring practically all of Oklahoma, with the exceptions of the few Southeastern counties, to Kansas City district, is to come before (1 Reserve Board on February, 10th. the Feder We made a protest several months ago and this is on file there, and I think at that time practically every banker did likewise, who were affacted in this matter, and I do not see any cause for a change from our former oujectionp as I still believe that fully 95 % of our business flows toward Kansas City; and that Dallas is plumb out of the world for us from a banking standpoint, as I believe that fuliy 95 % of the people in the Dallas District, who art affected are desirous of being attc_ched to the Kansas City District. I hope thatyam can go before thisboard and that we can g.t placed in the Kansas City district. It would be a great victory won for the people of Oklahoma, and especidly for :118 bankers if we can get in the Kansas City District. Of course, I know thd some few bankers now may be a little delicate about writing you about still wa:ting to be put in the Kansas City District; butii you could seetnem personal*y everyone of them would tell you that we should be in the Kansas City District. I trust that you cansee your way clear to give this matter personal attention and that we may placedin the Kansas City District at this hearing. With kindest perElonal regLrds. Yours very truly, EKT/PAB. Prt.si en http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NO 9976 T.11c 13eck11Liim C(31111iy ANzititIn iI 11.1- .irtic CAPITAL $ 25,000.00 A.R USS ELL.P.te.sloEnr 0 M MAR S YV.E.SI M MON OS, A55-, CA51-41ER Id SrA-yr,c) a.. Jan.20th,15 Hon.Robt.I.Owen, 7asington, B. D. Dear 3i.r;. 77e are hearing rumors that jou are being the libnks signinr‘ advise6 from ce-tz.,in sources, the petition to be trvnsfered from the .1 al7 as to the ) Kansas ;ity Federal ;:eserve District are now desireous of withdrawinF that petition and be allowed to remLin in the Dallas district. I d sire to state to you at this time that this bank has not changed its natural course of business and are still doinp. our business in Kansas ;ity. Tie have nemer had nor do we now have any business with any of the tanks in Dallas or with the Federal ' . :eeerve Bak eycept what we are forced to have. 'le draw no drafts on the Federal Reserve 7ank at Dallas and send them no Our natural course of business has 'been for years, and in the most ,1:)rt always will be thru *Kansas 3it- where we have 'been doing business and where we i have estblished satisfactory banking relations. If placed in the Kansas Oity district our business with the Federal -Rank her Iou1d. nature;.17.4- increase as a consecuence of 3The flow oflusineSs 'in that direction, and if the new system is to be trio success ae all ho)e for it, the business of the member banks with the Reserve Banks should be encdturalzed and the district arranEed if possible for their convenienee and along the natural flow of business. As far as' we are' concerned we could establish bankin relations with the banks of San Francisco and do as mush business with the .teserve bank there as with the Dallas baik ad hO just about 5s convenient. , I am not expressinc to you my personal opinion ,410nu but that of a majority of the member ns as the non-member banks of Group 1 of the Oklahoma lankers Lssociation of .hich. I have the, honor to be ihairman. 2rustinE this matter will have your fullest consideration at the proper time, I bops to remain, Yours ' ,jashi;r. 0111.0...1,0•4..C. MTV 110. STONE, PRESIDENT ED. S. VAUGHT SECOND VICES DENT FIRST VICE PRESIDENT GEO. L. COOKE. TREASURER 1 CHAMBER OF COMMERCE DIRECTORS WM: MEE GUS A. ELBOW 0. D. HALSELL W. F. PRICE ED. S. VAUGHT JOSEPH HUCKINS, JR. G. B. STONE SOL BARTH M. D. SCOTT C. F. COLCORD J M. OVVEN CHAMBER OF COMMERCE ASSOCIATE DIRECTORS E. BEATTY F. D. BEARLY L. D. RIGHT HUGH DON LEY S. lkorcO ' NI W. V. HARDIE, SEC, TRAFFIC ASSOCIATION ..... fluIIlCfCC F A ,HITTEN. SEC•Y RETAILERS ASSOCIATION ELMER E. BROWN. SECRETARY OKLAHOMA CITY, January 19, 1915./ Senator Robert L. Owen, Washington, D. C. Dear Sir:Oklahoma City's business interests have waited with silent but deep interest during the months that have elapsed since the regional bank districts were formed in the hope that at the proper time the Federal Reserve Board would see fit to change the district lines and place all, or at least a large portion, of Southern Oklahoma in the Kansas City district. As the time has passed we have felt more and more keenly the gravity of the present arrangement, and our wholesale, retail and manufacturing interests, as well as our banking interests, feel that this subject is one of exceeding importance to all of them. We understand that - he Fedcral Reserve Board will give a hearing on this proposition in the near future and we are writing to ask that you use every influence to protect the interests of Oklahoma City, as well as of the banking and commercial house8 in Southern Oklahoma, by insisting that the district lines be changed. -e have been assured during the last few months by the secretary of the Oklahoma Bankers' Association that there is no ouestion about this change because you are going to interest yourself personally in the undertaking and use your powerful influence as chairman af the Senate Committee on Banking to bring about a re-alignment. We sincerely hope that nothing will be permitted to interfere with the proposed change, especially as it was brought about in the first place by undue political influence exerted by representatives of Dallas interests. We look to you to offset such political influence and bring about plain justice. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ORD, PRESIDENT • STONE, FIRST ED. S. VAUGHT VICE .RESIDENT 11111 SECOND VICE CHAMBER OF COMMERCE DIRECTORS GEO. L. COOKE, IDENT TREASURER CHAMBER OF COMMERCE ASSOCIATE DIRECTORS WM. MEE GUS A. ELBOW 0. D. HALSELL W. F. PRICE ED. S. VAUGHT JOSEPH HUCKINS, JR. G. B. STONE SQL BARTH M. D. SCOTT C. F. COLCORD J M. OWEN S. E. BEATTY F. D. BEARLY L. D. KIGHT HUGH DON LEY W. V. HARDIE, SEC•Y TRAFFIC ASSOCIATION F. A. WHITTEN, SEC, RETAILERS ELMER E. BROWN, SECRETARY OKLAHOMA CITY, 2-Senator R.I.Owen. Hoping you are doing your best on this matter, and that you will continue to do so, we are, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Very truly yours, Secretary. ASSOCIATION CAPITAL a SURPLUS $30.000.00. RESPONSIBILITY, QUARTER MILLION DOLLARS. About February 9th our Secretary T. B. Harrison of the Oklahoma Bankers Assn, in company with Messrs. Craig & Robertson; be 1 in your city to look after the interests of the banks in the southern part the state who hope to be placed in the Kansas City Federal Reserve Bank We ask that you assist all possible in bringing atout this much needed change in behalf of the banks south of the South Canadian http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis \ 7 V M1 ) 9 °1.1 s t tt r \ d's January 19, 1915. llonii-rablo J. ?hemp- ou, J House of Representatives, ,:ashiagton, D. C. :y (zoar cir; Your letter of January 14\re:lative i;o the 'lea- ine of the r,etition e of bankB in southern nlahoma to be transferred from the Dallns to the K.-Incas City reder.11 roeorve drict lo received a ld a- na0_ the atten- tion QX t- e ,ederal 'Zeserve "loard. It i.e apyArent that tAe information :tvon to yoa over the telephone vas in one i.istanco millund:retood. , tl -e for 21r3 dato to which the extension of a reply brio;' by the Dallas brink ac ex,ended, is January L7 and not Jearzarj 12. These tg) datea micht elelly be misunderstood in a teleb)hone co, iversation. 1 :crie is, th3refora, a very short -eriod betveen the date of January 7 and that of "about bebruary 1" - Thichalft the date referred to in the letter of January 5 to °Ir. ?ealsoa. This wls not oant to be nor war: it considered as a further 6Y:ten:ion of tile from January 27 bat :7as, instead, merely a roferenee to that date on ;selaeral terms. Hearings have boon held on January 6 and January 13 and tl'ore are three mo. 0 scheduled to be hold before that of the southern Clclahoma banks -7 On February 10. From tht; ynu will see that there i2 no disposition on the part of the Board to neglect either Gila ezpross decire of these banirs in southern Oklahoma or similar retitions nadn by other sections of the http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 2 — United States. The Boo.ra will consid,r these cp,00tions earefully and. in order. l'ecrtest that yr.v.t be noidZied Alice; of the answer and brief on the :art of the Dallas bank has been netc.id and you will be eolununicatod with promptly when the answer and bntef VerZT 3: :L;T,OrAftilly, Secretary. Mr° ITC:AVer.l. J.W. MCNEAL,PREsinENT E. J. MU RPHY,V1cE PRESIDENT N29985 CHAS. W. BREWER,CAsHIEH W.C. SMOOT,Ass-r.CAsHIEH OKLAHOMA STATE NATIONAL BANK. 0.2. c- 11 vr ° CLINTON,014LAIFIOMA January 16th, 1915. The ifederal 1 eserve Board, Washington, D. C. Gentlemen:-In the matter of change the boundry line between 10th and 11th Federal Reserve Districts, the hearing of which is soon to come up before your Board, it might be wise to postpone your decision until the different Regional Banks get into full working order in all its functions, and then it could be readily ascertained to which district tile questioned territory belongs. If the discount rates are kept somewhere near equal it matters but little to which district any of us belong, until the functions of the Clearing House are put into operation, and then some readjustin http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis will most likely be in order. Yours truly, W. S. CROSS. PRIESIDENT W. C. PENDERGRAFT. VICE-PRESIDENT LW. MCGLOTHLIN. CASHIER NO. 10249 Ole State iiirtional ; / 7-2_ (Of jiollis (Oklahoma Jan- I5th, 1915 It Federal Reserve Board, Washington, D.C. Gentlemen:- In regard to the proposed change in this reserve district, we prefer to stay in the Dallas district on account Of "no distance and conllections which the mails make. We are only twelvo hours from Dallas and about forty eight from Kansas City. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours respectfully, A 00_,IU)2res. NO. 6230 American National Bank E.CMIUMWPREsiochir JAMES Mc CONNELL,Vicc-Pncsr. J. G. PUTERBAUGH,Vicc•P.csr. A. U. THOMAS,CASHIER S. G. BRYAN. Assr CASHIER J. J. KIRKPATRICK, ASST.CASHIER McAlestenOldahoma Janly 15, 1915. Hon. R.L.Owen, U.S.S. '7ashington, D.C. Lear Sir:We desire to renew our protest against be placed in the Dallas Regional Bank District and to insist that the best interests of the bankers of this state demand that they be placed in the Kansas City District. The reasons for this have been fully set forth by the Secretary of the Oklahoma Bankers As. We trust that we may have your assistance in bringins about this change. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours very truly, Cashier. '.23 11.0 boon .." , , ,C0 FIRST OFFICERS E.D.FOSTER, PRESIDENT. NUMBER 7278 MEMBER AMERICAN AND OKLAHOMA NATIONAL BANK M.ABERNETHY, VICE PREST E.E.HUFF, CASHIER. G.E. BURSON,ASST . CASHIER. BANKERS ASSOCIATIONS Oktakt,. January 14th 1915 Senator Robert L.Owen, Washington, D.C, Dear Sir:IN RE. Re- District Hearing; As one of the Oklahoma banks that has been placed in the Dallas District under the Federal Reserve Act we wish to enter our protest and ask that you use your influence to have the entire state of Oklehoma placed in the Kansns City district. On February 10th when the Fe0oral Reserve Board hears our petition will be behind you asking for this change the entire state and we feel sure that the board will see the justice of our plea and grant the petition. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis With kindest personal regards,I an, Yours sincerely, cny J.A.SLAT ON ,PR ESIDENT L.W. LONG, VicE-PREs-r M. U. COLL' NS„CAsHicn GEO.H. MS CLESK EY,Ass'r CASHIER A_TIOXIALI I4i1 —1CAPITAL 8, SURPLUS $36,000.00 RUSH SPRINGS,OKLA. Jan. 14tn,19.15. Hon, Robt. L. Ci\v", ,n) vashinL,t on,D. C. liear Sir: understnnd tnat a nearing will be granted by The l'ederel Itt,serve board on Yebv ilOth to the bankers boutnwestern Oklahoma who wish to be transferred irom the 1)allaE, oistrict to tne nansas City district. Our position in this matter nas been fully outlined in a petition to that effect. lf there is anything that you can de to hcip us STCUf' the desired change it will certainly be appreciated as our connection with the Dallas district is a very unnatur l one indeed. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Very truly your • k ouNLAa,PrzcsioENT. A.E.KOBS.CAskitER A. E. STINSON,Vicr PREstoENT. N9 5656. D.W.STU DY,ASST.CASMIER. THE FIRST NATIONAL BANK MOUNTAIN VIEW, OKLAHOMA. January 14, 1912. Hon. Robert L. Owen, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis United States Senate, Washington, D. C. Sir: The time is approaching for the hearing of the Protests in the re-districting of our Federal Reserve Districts. We are located in District Number Eleven and are protesting against our being placed in this District, as we wish to be placed in the Kansas City District, Number Ten. This matter has been fully thrashed out through the news papers and the merits of our Protests should be well known to you: And no matter what position was taken by the Organization Committee, it is practically unanimously a verdict of the Bankers of that part of Oklahoma located in District Number Eleven, that an error has been made in placing them in this District. These beiiw the facts and the farther fact, that the Bankers are more vitally interested than any one else, should cause the Federal Reserve Board, which is to hear this Protest, act favorably up on same. This is to ask you to use your best efforts in our behalf before the Committee, and also to assist and give all possible aid to the Representitives of the Oklahoma Banker's Association p who are to be in Washington in time for this hearing. Respectfully,yours, K/M I http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • ‘1.4 , \rErDERAL RERVE 138ARD OFF- ICE r C.)9 u , N BEI-, Jp.Ki i --i,i'i 14.. t el_.4 = 0 --''S'Al . cinuA.fflti SUBJECT: MEMORANDUM FOR -- R. ALLEN 4 ( In re Appeal of banks of S'Aitharn Oklahoma. September 15, 1914. Petition and briefs filed by banks of Southern Oklahoma. October 27 1914. Chairman of Dallas bank notified of petition and asked to appoint counsel to represent Dallas Bank. Nothing happened until December 16, 1914, when letter was mailed to the chairman of the Dallas bank urging appointment of counsel. Brief of Oklahoma banks was forwarded with this letter, with directions to hand to counsel as soon as designated. Under th e provisions of Regulation No. 1, the Dallas bank had seven days to file its reply after the counsel was appointed and brief handed him. December 26, 1914., Letter received, naming Charles C. Huff as counsel and requesting extension of time for filing reply brief, on the ground that it would be impossible to get copies of the testimony taken before the Organization Committee from the Law Reporting Company of New York and prepare brief based thereon much b.lfore the end of January. counsel granting December 29, 1914. Letter sent to January 27. an extension of time until Dallas Letter sent to Chairman of January 5, 1915. February 1st". until "about bank extending time RECEIVED SIXTY-THIRD CONGRESS. BEN JOHNSON. KY.. CHAIRM AN. CHARLES P. COADY, MD. WYATT AIKEN, S. C. ARCH BALD C. HART. N. J. HENRY GEORGE, JR.. N.Y. T. H. CARAWAY. ARK. W. 0. MULKEY, ALA. WILLIAM J. CARY, WIS. GEO. E. GORMAN, ILL. DENIS O'LEARY. N. Y. S. F. PROUTY, IOWA. E. E. REED, N. H. SAMUEL WALLIN, N.Y. S. E. WINSLOW, MASS. CLAUDE L'ENGLE, FLA. J. B. THOMPSON, OKLA. A. L. KEISTER, PA. ROBERT CROSSER, OHIO. CARL E. NAPES. MICH. HORATIO C. CLAYPOOL, OHIO. A. H. WALTERS. PA. SAM W. ESKEW, CLERK. JAN 1 5 1915 GOVERNOR'S OFFICE COMMITTEE ON THE DISTRICT OF COLUMBIA, HOUSE OF REPRESENTATIVES U. S., WASHINGTON, D. C. January \v v....01..Avo... 14 th- C2A.A tV:ik3 1915, P \ \ Hon. Charles 3. Hamlin, Governor Federal Reserve Board, Washington, D. C. Iffy dear Mr. Hamlin:On the 15th day of Septemer, 1914, numerous banks in southern Oklahoma filed thei:c petition and briefs in support thereof to be transferred from the Dallas Federal Reserve District to the Kansas City Federal Reserve District. my understandin7 is that under the rules and regulations adopted bythe Federal -Reserve Board the Dallas bank had twenty days after the filing of this petition to answer it. The matter was permitted to run along until October 27th, 191.4, when the Chairman of the Dallas bank was notified and asked to appoint a counsel to represent it. It appears that the Dallas bank gave no attention to this notification. Early in DeT)ember I called in person on the Federal Reserve Board to ascertain the condition of the case, and on December 16th, 1914, after I had called the Federal Reserve Board sent out a letter to the Dallas bank urging the appointment of counsel. A brief in behalf of the Oklahoma banks was forwarded with this letter with directions to hand it to counsel as soon as he was designated. I called again on the Federal Reserve Board about the 20th of December and was notified that nothing had been heard from the Dallas bank. I then stated to the Secretary of the Board, Mr. Willis, that I had been informed that the case had been ,iet for hearing on the 10th of February, and that our banks were very desirous of the Board requiring the Dallas ban:c to file its naswer and brief at the earliest possible moment in order that the Oklahoma banks might reply and combat any arguments and suggestions therein contained. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ( • /SIXTY-THIRD CONGRESS. SON. KY., CHAIRM AN. KEN. S. C. CHARLES P. COADY. MD. GEORGE. JR.. N.Y. ARCHIBALD C. HART, N. J. . CARAWAY. ARK. W. 0. MULKEY. ALA. 0. E. GORMAN, ILL. WILLIAM J. CARY, WIS. DEN IS O'LEARY, N. Y. S. F. PROUTY. IOWA. E. E. REED, N. H. SAMUEL WALLIN, N.Y. CLAUDE L'ENGLE. FLA. S. E. WINSLOW. MASS. J. B. THOMPSON. OKLA. A. L. KEISTER, PA. ROBERT CROSSER. OHIO. CARL E. MAPES, MICH. HORATIO C. CLAYPOOL, OHIO. A. H. WALTERS, PA. SAM W.[SKEW,CUM. COMMITTEE ON THE DISTRICT OF COLUMBIA, HOUSE OF REPRESENTATIVES U. S., WASHINGTON, D. C. #2 It now appears that on December 26th, 1914, a letter was received by the Federal Reserve Board from the Dallas bank naming Honorable Charles C. Huff as counsel, and requesting an extension of time for filing a reply brief, setting up as a ground for the extension that it would be impossible to secure copies of . e testimony taken before the organization_omffittee fiT51tt the Law Reporting Company of New Yorkand prepare a brief thereon before the end of.,Tanuary, and on this representation it appears thatAi the 29th of December, 1914, the Federal Reserve Bo - rd advised MT. Huff that an extension vould be grai4d to prepare his answer and brief, until January 17th, 1915. It further apnears that an January 5th, 1915, a letter was sent to the Chairman of the Dallas bank extending time until about February 1st, 1915. I have stated in detail and chronological order what has occurred in this matter that you might have clearly before you the situation in full. The banks in Southern Oklahoma, or a large number of them, are located in my district, and are very earnestly desirous of being transferred from the Dallas to the Kansas City District. Representations to this effect were made to the Comptroller of the Currency, Honorable John Skelton Williams, in person by myself and by Senators Owen and Gore after the Federal Reserve District lines were announced and before the Federal Reserve Board wan organized. We were advised by Mr. Williams that the organization committee had no authority to change the lines after the same had been announced, and that we would have to take the matter up with the Federal Reserve Board after its appointment and organization. Our banks did this at the earliest possible moment, and have been pressing it with all possible vigor since that time. They have been more than patient in the matter, but have had it up with me frequently insisting that an immediate hearing and actionbe had. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SIXTY-THIRD CONGRESS. HNSON. KY., CHAIRMAN. T AIKEN, S. C. CHARLES P. COADY, MD. NRY GEORGE. JR.. N.Y. ARCHIBALD C. HART, N. J. . H. CARAWAY, ARK. W. 0. MULKEY, ALA. GEO. E. GORMAN. ILL. WILLIAM J. CARY. WIS. DENIS O'LEARY. N. Y. S. F. PROUTY, IOWA. E. E. REED. N. H. SAMUEL WALLIN. N.Y. CLAUDE L'ENGLE, FLA. S. E. WINSLOW, MASS. J. B. THOMPSON, OKLA. A. L. KEISTER, PA. ROBERT CROSSER, OHIO, CARL E. MAPES, MICH. HORATIO C. CLAYPOOL, OHIO. A. H. WALTERS, PA. SAM W. ESKEW, CLUB. COMMITTEE ON THE DISTRICT OF COLUMBIA, HOUSE OF REPRESENTATIVES U. S., WASHINGTON, D. C. llow it will be possible if the Dallas bank is requi ,d to file its answer aad brief on or before the 1 th of January, 1915, that our banks can prepare a reply ansver and brief thereto in time fir the hearing on the 10th of Februay, but if the Dallas bank is permitted until the of February to prepare and file its answer and brief our banks will be at a great disadvantage on the hearing to be had on February 10th. I am therefore submitting these suggestions with an earnest protest against arly f'irther delay than January 17th, 1915, being granted the Dallas bank to prepare and file its answer arid brief. I also want to be notified immediately on th filing of this answer and brief so I can secure a cow thereof and furnish it to th, banks in Southern Oklahoma that they may . reply thereto and be prepared for the oral presentation on the 10th of February. Our banks vi2ry earnestly desire to be transferred from the Dallas to the Kansas City District, and want this transfer to take place at the earliest possible moment. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Sincerely yourle \ r c,,---- i'; " ..- I'L'" OFFICERS ECUTIV5eCONMITTEE SRALDING, President, North Enid T. II. DWYER, Vice President, Chickasha II. A. McCAULEY, Vice l'resident, Sapulpa IV. B. HARRISON, Secretary, Oklahoma City J. W. TETER, Treasurer, Bristow OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY, OKLA.,,•' - January 13, 1915. To The Banks In The Dallas District: IN RE. Re-District Hearing: — E. PHILLIPS, Chairman • Bartlesville II. II. ANDERSON Gotebo R. P. BREWER, McAlester P. C. DINGS - Ardmore CHAS. L. ENGLE El Reno GERMAN FRENCH,N \ Tonkawa J. A. HOL Gage T. P. MA IN, Jr. • ' Oklahoma City RALPH ED Porum GUY C. 1OBERTSON Lawton ( Gentlemen:At the request of several bankers who are anxious to have our petition granted I am sending this letter. These bankers in— form me that parties interested at Dallas are urgently requesting banks that have signed our petition to withdraw their plea and authorize Dallas representatives to state they wish to remain in that district. We do not know of a single bank that has complied with this request. We believe the bankers of Southern Oklahoma have enough good sense and stamina to keep them from being either weak—kneed or loose—jointed at such a time as this. It is apparent that Dallas is considerably worried by our petition. The truth is, that they were given until January 1st, to file an answer and that on January 8th no answer had been filed nor do we think any has been filed since. No answer can be filed to our petition which would really be an answer, because it is un— answerable. We 1)elieve Dallas is depending on political support to offset incontrovertible facts, and while it is possible poli— tical support may win we are very willing to leave that matter to the Federal Reserve Board. We have the promise of splendid support ourselves in high political circles and that promise is in writing. Our hearing will be held February 10th, and Messrs. Craig and Robertson and the writer will probably reach Washington Feb. 9. If any other bankers would like to go with us we would be pleased to know this. If any banks desire to contribute to an expense fund to provide additional representation they may do so in any amount they see fit and we will use the funds to the best of our ability. The most important step is for every banker who is interested to write a personal letter at once to Senator Gore, Senator Owen and Representative Scott Ferris. It is being represented to these parties very insistently that the petitioning banks wish to with— draw, and such statements should be corrected in a positive manner. Please keep this office supplied with copies of your correspondence on this subject. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Very truly yours, Secretary. • • No. 7118 JOHN M. SORRELS, PRESIDENT JOHN W. BRYAN, VIDE•PRESIDENT TOM WALL, CASHIER W. B. HODOENS. ASS'T CASHIER I , t CAPITAL AND SURPLUS $42,500.00 POTEAU, OKLAHOMA Jan ' .,12,1915. Mr. B*A. McKinney, PERSONAL , Federal Reserve Bank, Dallas, Texas. Dear Buck, In these days of agitation, financial and otherwise, I am becoming convinced that to "Let well enough alone" is a good lixiom. The strenous effort to effect a change in Federal Reserve District No. 11, adding Oklahoma to the Kansas Oity district seervd to me to be a proper proceedure and for the best interest of all of we Oklahoma bankers tho petitioned, and, not to be contrary, I signed the petition for this bank like a majority. Since the matter will soon be heard by the Federal Reserve Board, I have given the question of changing more thought than heretofore-at least more ) intelligent thought for tha reason that I now know mare about the Federal Reserve Banks and their functions than heretofore, and I imagine this is true of the most of the bankers. Take the individual case of this bank. After summing it all up, I find our mail service to Dallas is a few hours shorter than into Kansas City. The SERVICE of one Federal Reserve Bank appears to be about the same as the other. So far as I know, the Oiscount rates are the same. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Items for No. 7118 • JOHN M. SORRELS. PRESIDENT JOHN W. BRYAN. VICE-PRESIDENT TOM WALL, CASHIER W. B. HODGENS. Ass•Y CASHIER CAPITAL AND SURPLUS $42.500.00 POTEAU, OKLAHOMA, McKinney-2. credit and balances to check against seemingly are just as convenient for us as they would be in Kansas City or St. Louis. A few weeks operation of the banks has changed my ideas concerning them. I do not want to be put in the position of going back on the petition I signed along with the other Oklahoma bankers, but thought would drop you a line to say that since finding out more about the modus operand.' of Federal Reserve Banks, tht it makes no difference to me if the District remains like it is. In f tot, I beleive I prefer it now, as it is. I have felt that the strong effvut being rut forth to change the boundry lines would naturally cause you to take a keen interest in the matter from a personal standpoint, and I wanted in this letter to express my "Honest convictions" that perhaps a lot of us had rushed into something that we really didn't know whether we wanted it or not. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis With the kindest of regards, I remain, Cordially and sincerely yours, S JOHN T. O'QUIN, PRESIDENT. J. A. HODNETT,VicE PRESIDENT. 0. R. McKINNEY, CASHIER. C. P. MCKINNEY, Assr CASHIER. N99946 THE STATE NATIONAL BANK -I/ M A R LOW.OKLAHOMA Janruary 9th., 1. -1 r;. Pecl_eral ?eserve 1 oard, 3 '“ashincton, Gentlemen: F;ome months at;o when we were advised that we were to be placed in the Dallas district, ( No 11), we Plorg wit} others from 1 this count—y, enterd cur i•rctrilt, E.F. most of our business had been in vansas City and St. Louis. f_fter further consideration of tlie matter we desire to say that we will for the present withdraw our protest and will be satisfied to reca'in in the Dallas M.strict until the system has been /riven a thorouffh trial, and until such time as we ascertain from experience whether or not, in our judgement, it would be better for us to be in the Kansas http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis City District. Respectfully, nashier. 4ALLUTMOC.070,0,.. J. L. LA I R PRESIDENT. J. B.B EARD,JR,CASHIER. 411 • D. M. LONG, ASST. CASH J. A. MATH IS. ASST.CASH. 8140 .' http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A. LAIR , VIc.E.PREs-r. HE -FIRST-NATIONAL BANK CAPITAL AND SURPLUS $65,000.00 • FREDERICK,OKLA. Jaw 3th, 1915. The Federal Reserve Board, Washington, D. C. Gentlemrn:It appears that an effort is being made by certain Oklahoma Barkers to change the boundaries of this District,and that they have presented a petition to your Board,asking that all of Oklahoma,except a few southern Counties be transferred to the Xansas City District. It is my opinion that this movrment was instigated by Oklahoma City Bankers, and is being pushed on account of interests of Oklahoma City parties, and not for the welfare of a majority of Bankers in the District. We are highly rleased with the selection of Dallas as the Reserve center of this District, and hope that no change will be made in the present District lines. Yours very truly, C A S I I http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis January 8, 1915. hr. • B. harris on, 3ecretary, 0,71 .1Aema Banixers Association, Oklahoma City, Oklahoma. In ,reply to your lettar of Otaraary WI you ar9 na7lood that , the Federal Reserve Bank at _Jan:LA Irls not a9 yet filed a re 721y to your petition. tOshall, however, kee, yr= letter before me and sand you a copy of their roily as soon as It 3e received here. *txamtv:r..netr«tietrfo... - Resfleetfally yours, 9eorotary. E. L. WORRELL. PRESIDENT. 0. a GARRISON, VICE•PRESIDENT.• J. H. WHITESIDE, CASHIER. R. E. FISHER. ASST CASHIER. No. 5800 THE Fl RST NATIONAL BANK CAPITAL, $50,000.00 1212. -11 SURPLUS, $10,000.00 RYAN,OKLAHOMA, January 7th, 1915. lEr. Oscar Wells, Governor, Federal Reserve Bank of Dallas. Dear Sir: While there is being made strong efforts to re-district our section of Oklahoma by a few of our members we feel that it will revert to a great inconvenience to us in the way of collec ting items, proceeds of our products nearly all of which are shippe d towards the gulf ports, thereby placing the credits of all countr y banks like ours in Texas cities. It is always desirous to get as prompt collection or returns for products shipped. If the clear- ance arrangements solveu, as desired, we will then of necess ity have to clear such items in opposite direction to the point drawn on and delaying payment. Southern Oklahoma products are similar to those of North Texas, cotton being our most valuable product all of which is shipped to Galveston port. For these reasons we think it to our best interest to remain as originally platte d and trust your good officers will urge upon the Reserve Board to leave the district remain with our section, at least, in District 11 for which we will greatly appreciate and think it to our best interest that you do so. Thanking you for whatever assistance you can lend to this end and with continued best wishes, beg to remain, Yours very tru http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis as ier. WADE ATKINS, PRESIDENT. E. E. NAL L, VICE-PRESIDENT. W. E. ALEXANDER , CASHIER. WADE ATK IN S,Jr, ASST-CASHIER. • "Z-, DORSE,,,,, DALLAS , C A;4Y-4 .Tan 6th, 1915. PeAeral Reserve Board Washington B C Gentlemen; We see Omom an element in Oklahoma wanting to be transfered to the Kansas City Districts, as for us we prefer to remain in the Dallas District where we are, believing the cotla interest should all be kept together as much so as possible. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yours very Truly. kiNFALSEVEUONBD FILE R,P3 Jri 6, 1915. II. 0. 2enisoL, re13ra1 Reserve Asent, Jallas, Texas. Dear Your letters_of_December_gprd and_24thkrelative to briefs relating to the transfer of irtion of -8outhern Oklahoma from the 11th district to the 10th district, are reeelvdcl anti were -presented to the Board at its meting today. The Board voted to ,;rant you permission to file your brief in reply to the ,e.tition referred to ;!- bout February 1st, as you desire. You may not have been advised that a letter was mailed from this office an ecomber 29th last, addressed to your Counsel, in Taich it was explained that the petition filed by the Oklahoma banks is a combination petition and brief, and has been so considered here. That letter also .ointed out that the references in the "Petition" were to the annual rejort of the Oemntroller of the Currency for 1913 and also to certain letters .,-)resented by the _stitioners and on file in this office. The report of the Com:Aroller, as well as the report of the Reserve Bank 0r3anization Committee to the Senate, have both been forwarded to your Counsel tocether with the information that the testimony for whidh he ashzd could be obtained from the Law Ileportini; Comp..tnif, 115 Broadway, Few York City. The letters quoted from are on file in this office and could not be forwarded to you, thouCa that Should be mo hardship because of the fact that the parts referrel to are quoted in the "2etition." It is suggested that you file your reply brief on January 27th if i ,ossible. The Doard's action in the premises however, is as I have stated. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I have the honor to be, Respectfullyyours, 5ecretary. C.W. GILLILAND.PRE.sr R.A .WILLIAM S,VicE -PRe.sr. DR J .E. JON ES . VICE-PRE . HUGH GARRISON,CAsHutR. N910240 NATIONAIA 1tANK OF COMME1?CE CAPITAL $ 30,000.00 " HOLLIS, 5t1i, 2r25. Cr1Tz 7ar1ilztcn, Fcard, r. C. TITnCa Fvn1 71 111 Ipticn with cc- cf rrichita Falls, T as, , 51 t1 cf t1 t1 .1th, Fltrict, --1- Icard cf ql PL7$ - th--; 11th, to th2 10th, 17 .Tra1 ristrict of th frcn scuthnrn Tart of C:TrIcna, I wish to say that it canrc. to L-3. that tht f11- tu7ard u -ad r,11 of cur .1-1,,r, shoLd:, dc,4 s to 11 thins rft7:ction or 17:id:ara3 Tanl rlan. thr.! 13th, Tistrict, 2 LZ.:(3r, Ul.rA1 , to cicd c, to which district it 'cu]d ncst ..d t to Le re=annntly y3pc, in, to our dir-,-ct , ,, connection with ra13a!, ai.c fron tl7e1 standrcInt of rail rca conlr'Jnianc :, it se:m.s tl-at Ta3.1a.: 7?Oul(_, 1„, cur Irefice. Of ccurc2 intst of tls, 21nQs is c cciLifltr tcat th financial 73d shqild the Cat7! of 0177FhcEa Li6ht 1.a inur, ar they now are, Lut Fs it hps not baan trd cut , and the entire rlan an exr,Drinnt, I hardly t!iv tl-at th rm, - http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ratter cculd Le inte1iT)Lt1y ttd thi s 4-4.rria 12,2, OFFICERS EXECUTIVE COMMITTEE II. H. SPALDING, President, North Enid T. II. DWYER, Vice President, Chickasha H. A. McCAULEY, Vice President, Sapulpa W. B. HARRISON, Secretary, Oklahoma City J. W. TETER, Treasurer, Bristow http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 1( OFFICE OF THE SECRETARY 908 COLCORD OKLAHOMA CITY. OKLA. January 5, 1915. I.. E. PHILLIPS, Chairman - Bartlesville IL H. ANDERSON Gotelro R. P. BREWER, • McAlester P. C. DINGS - Ardmore CHAS. L ENGLE El Reno GERMAN FRENCH, Jr. Tonkasca J. A. HOLT . Gage T. P. MARTIN, Jr. Oklahoma City RALPH REED • Porum GUY C. ROBERTSON Lawton Mr. H. Parker willis, "ecretary, Federal Reserve Board, "Tashington, D. C. Dear Sir:- Yours of January 2nd, notifying me that a hearing on the petition of Southern Oklahoma bankers for a change from the Dallas District to the Kansas City District, will be given February 10th has been received. We would appreciate a copy of the reply to our Option filed by Dallas. Thanking you, we are Very truly yours, 7BH-C. 8ecretary. JAN 8 0)15 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • ,,, t' 4 .1 i t ( / k.../ ('‘..., 1015./ My dear Senatcr:Tlat.”-ring to your recent let,t..x-imatAnciriry ;-.1.J to -Then the Pea— oral Reaoritt,. .ri .4i11 hol,i the ?lc:ay.:n-1; ir2 in the matt.:r of no 010.f:thorn 11 -1-jotml 13:111c I bog lcalto to advi-,e that the S)crotary of th-3 roar'a informe no that Fetruary lath ha n tcon r:Tet ns the date for the refterrecl to. Sinceroly Fon. Tleb.. rt L. 0- ten, , Unitod St:Itees Sona-Lcra Wv..ehin,c;ton, D. C. 1001\ra) FilDSIP1 I Cfl http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Janu2ry 2nd, 1g15. 7. B. Harrison, Tecretary, Oklmhothl 'Tankers Association, COlcord, Ikl-lhoma City, Ok13. r You are hereby notified that the Federl Deaerve Poard ha!: fiY.e:1 February tenth, 1915, as the date for the hearin: of oral arlument in the matter of the petition of certain banks in southern Oklahora requestin a tran:-.1er o: the territory in which they are located from. Pintrict No. 11 to District 70. 10. 1 This hearinT, will be hell 1, the office of the Federal :eserve Doard, Treasury D. C., at eleven o'clock 7ashington, Y. rlswzo acknowlekr,e receipt of t'iis notice. 7.ospectfu1ly, 7ocretary. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis