The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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...41.0.0.4. 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
