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Federal Reserve Bank of St. Louis

REPRODUCED AT THE NATIONAL ARCHIVED

113*
3 ¡¡%
i)i

—i

O ctober 10» 1933
Claims o f R eserve Babies f o r r e ­
imbursement o f expenses In c o n n e ctio n
w ith banking h o lid a y , e t c .

Mr. M o r r ill
Mr

A ttach ed h e r e t o are l e t t e r s from th e F ed eral R eserv e'b a n k o f Hew
York, d ated September 6 , and from A tla n ta , d ated J u l y *27, a ls o l e t t e r s from
the 10 o th e r R eserve Banks In resp on se to the B o a rd 's telegram o f S ep t­
ember ^ ) , w ith r e fe r e n c e to claim s f o r reimbursement in con n ection w ith
lic e n s in g o f banks, e t c .
F o llo w in g i s a summary o f th e r e p l i e s t o t h e B o a r d 's telogram c<5ir
September 30:

B oston .

Claims a g g r e g a tin g $ 1 8 ,U g l.6 s f o r expenses in cu rre d in March

p en d in g; claim s f o r expenses subsequent t o March n ot y e t su bm itted .
Claims a g g r e g a tin g $22 9.0 2 c o v e rin g sh ip p in g charges on g o ld and g o ld
c e r t i f i c a t e s shipped by nonmembers, e it h e r d i r e c t o r through a Boston
c o r re s p o n d e n t, p r io r t o A p r il 5 have been d is a llo w e d .

P h ila d e lp h ia .

T elegrap h s e r v ic e "on and a f t e r March 9 " allow ed in amount

o f $ 2 ,9 ^ 3 .6 9 .

A l l o th e r claim s a g g r e g a tin g $ 6 ,1 9 ^ .2 5 d is a llo w e d .

C le v e la n d .

T elegraph c o s t s " i n March and A p r il" amounting to $U31.02

a llo w e d ; a l l o th e r cla im s a g g reg a tin g $U ,278.65 d is a llo w e d .

Richmond.

Claim s a llo w e d : te le g ra p h c o s t s " a f t e r March

phone t o l l s " a f t e r March

9,"

$ U i5 .6 2 ; t e l e ­

$ 1 ,3 2 2 .1 5 # p o s ta g e , $ 1 ,5 ^ 7 .2 2 ; o f f i c e and

oth er s u p p lie s $ 9 .9 9 ! T o t a l, $ 3 ,2 9 5 .0 1 .
$ lU ,h 2 5 .8 1 d is a llo w e d .

9 »*

A l l o th e r c la im s a g g re g a tin g

" I t a ls o appears th at the C o m p tr o lle r's o f f i c e

has n o t allow ed any item o f expense u n le ss i t was in c u r r e d a fte r March 9»

1933,

th e date o f th e Emergency Banking A c t ."


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Federal Reserve Bank of St. Louis

« I / I .1c

REPRODUCED AT THE NATIONAL ARCHIVES

Ur. M o r r ill - #2

C hicago.

Claims a llo w e d ;

tra n sp o rta tio n charge« on. g o ld coin.and g o ld

c e rt I f 1 o a te s , $ 2 , 27*1. 72; te le g ra p h ic chargee, $ 26. 32; t o t a l , $ 2, 301. 6U.
Claim« diB allow ed$l,98**.**7; claim s pending, $61,78*1.11.
S ». L o d e .

Claime d isa llow ed $ 981,63.

allow ed, i f any.
Min n e a p o lis .

No statement furn ished o f claim s

Claims disa llow ed were a l l incurred p r i o r to March 9*

Claims a lia s e d , te le g r a p h lo ch a rg es, $3*500*

some expenses, such as f o r c ir c u la r s and supper money.

Bank absorbed

Apparently no claims

d isa llo w e d , except h i l l o f approxim ately $3,000 cov erin g p a rt o f shipoing
charges on g o ld no in and gold c e r t i f i c a t e s received.«

Bank i s c h ie fly con­

cerned «bout su c h . shipping charges and those on currency shipped to others
than member barks in exchange f o r g o ld and g o ld c e r t i f i c a t e s .
Kansas C it y .

Claims a llo w e d ;

teleg ra p h . $3*870.89« telephone* $553.**5» P

postage $839.3**; t o t a l . $5*263.68.

Claims d isa llo w e d , $95\f9»22.

Bans sta tes

t o t a l a d d itio n a l expense incurred on account o f the banking h olida y was
approxim ately $132,000 f o r which reimbursement was requested in amount o f
$lU ,812.90 o n ly .

D a lla s .

Claims su b m itted t o t a le d $3*218.91.

Bank r e c e iv e d a d v i ce that

vou ch ers cou ld n o t be p arsed as su bm itted id t h su ggestion that cla im be
resu b m itted co v e r in g c o s t o f telegram s o n ly .

Spn Pramc l ac o .

Claims allow ed:

Telegraph c o s t s on and a ft e r March 9»

$U,3 8 2,9 0; telephone t o l l s on and a f t e r March 9 , $1,961.75* t o t a l, $6,3*&.65.
Claims d isa llow ed , $1*1,880.22«


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Federal Reserve Bank of St. Louis

EPRODIJCED AT THE NATIONAL ARCHIVES

Mr. M o r r ill - #3

f he Hew To*fc battle In i t s l e t t e r o f September

6

« t a t e * th a t o f a

vou ch er t o t a li* ® $ 51 , 619, 59» copy o f w hich ia i n c l o s e d , o n ly $ 2,^ 99.U5 ,
r e p r e s e n t in g te le g r a p h c o s t e a f t e r March 9* *a* allow ed * a ls o th a t on ly
o u t - o f- p o c k e t expen s « s w ere in c lu d e d in the c la im , a l l q u e s tio n a b le Item s
o f expense b e in g a b so rb e d by th e R eserve bank.
A tla n ta , in i t a l e t t e r s ( 2 ) o f Jfely 2 7 , s t a t e s th a t a cla im o f
$ 2 ,2 2 0 .Ug c o v e r in g s h ip p in g charges on g o ld c o i n , g o ld c e r t i f i c a t e s and
oth er cu rre n cy sh ip p ed in exchai® e t h e r e fo r was d is a llo w s d , and In c lo s e s
r e v is e d voucher in amount o f $ 3 ,2 0 7 .2 9 f o r p e r io d from March 9 to A p r il U
i n c l u s i v e , a lso th a t cla im i n t h e am ountof

$3*287.^2 c o v e r in g expenses

in c id e n t to the l i c e n s i n g o f hanks was d is a llo w e d e x c e p t f o r $ 5 1 5 »98
r e p r e s e n t in g te le p h o n e and teleg ra p h c o s t s in c u r r e d on and a f t e r March

9.

Copies o f vouchers a r e a tta c h e d , th e o n ly item ou t o f th e ord in a ry a p p a ren tly
being a c h a r g e o f $1,305*89 f o r s e r v ic e s o f t h e h a n k 's gen era l co u n s e l who
i s em ployed on a r e t a in e r f o e b a s i s .
in c lu d e s f e e s o f

$900

She above-m entioned

amount a p p a ren tly

f o r s e r v ic e s a t A tla n ta and $300 f o r s e r v ic e s in

W ashington and t r a v e lin g expanses i n th e amount o f $ 1 0 5 .2 9 *

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