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Cfr e 444 e 0'1.1 4 Pebruary 16, 1:320. . 2rod pden, Esq., Vice President, Park-Union Fort:ion tJiking Corp., 56 Well at., Uom York, N. Y. Dear Llo. Aspdon: Governor jtrong, who is ava7 from the B_nk at present on a vac-tion, has written me from the West that be plans takinr a trip through the 7YLlt including Japan, China, Java, India, Galen, etc. leaving San Prancisco In the early 4=1'1: of April. The Governor azIwd me to see it you will give Aiy letters f introduction to your offices in the East. His .party will include Basil Mos, forlerly of our State Depart.Jent, and his son, Benjamin Strong, Jr., and the Governor is aazious to have all letters of introduction include Ulm. he Governer desires to carry those letter:: with him, and if you trill send them to Ix, I will see that they are forwarded to him along with other letters of a similar nature which we are procuring. assuring you that your ompliunce with this request wi11 be gre-tly appreeiLted, I beg to remin Very truly yaws, J. U. Gaze, Acting Governor. WAS AIK PARK- UNION FOREIGN BANKING COTWORATION CAPITAL AND SURPLUS FULLY PAID $ 2.250.000. CHARLESA,OLDER, PRESIDE., ED. ASPDEN. VICE PRESIDENT. E MACKENZIE, SECI4,13,71REAS. T. C. TR IPPE, ASS, s eC, 50 WALL STREET Nififtel(com / 10 19 h February, 1220. FEDER-J RESERVE J.H. Case, 1,sq., Acting Governor, Federal Reserve Bank, New York City. My dear Mr. Case:- Referring to your letter of 16th instant, I have pleasure in enclosing herewith letters of introduction to our various Managers for Governor You will note that these letters Strong and his party. have been signed by our President, Dr. Holder, for I understand that Mr. Basil Miles, who is with Governor Strongts party is an old friend of Dr. Holder's. If there is anything further I can do, I trust you will let me know. Trusting that Governor Strong and his companions will have a very enjoyable trip, I am Very truly yours, TFA/NM Vice President. , FarZ. rt r . - - 4 \kJ Dr.71-4pr,uruary 23, 1920. A., rEn et e it.zzat T. Fred. Aspden, Esq., Vice-President, ?r,rk Union Foreign Banking Corporation, 56 11111 Street, New York. Dear Mr. Aspden: Thenk you very, much for the letters of introduction to your various menagers.in the Et for Governor Strong Lnd his rty. I nm sure your courtesy in this matter will be a,,;recited by Mr. Stronc!. Very truly yours, J. H. Case, Acting Governor. (00 / i ) L,,,.. t114114r , 124e.i-,c ' 161C--1 Lbie. r-) . /1( (I - 1 4(-61 (at 4# f-ety C. E..ks°1 WALL STR EET. STREET. ^.EW YORK. INTERNATIONAL BANKING CORPORATION. BRANCHES. BATAVIA. PEKING. BOMBAY. CALCUTTA . CANTON. PUERTO PLATA.R.D. RANGOON. SAN FRANCISCO. C SANCHEZ.D.R. COLON. SAN PEDRO DE MACORIS. SANTO DOMINGO. SANTIAGO DE LOS CABALLEROS. HAN KOW. HAP BIN HONGKONG. U 29th September ig 20 SHANGHAI. SINGAPORE. SOUR ABAYA ME DE LLI TI E NTS N YOKOHAMA. PANAM A. LONDON OFFICE. KOB MAN I LA. 36, B 'SHOPS GATE, E.C. 2. TELEGRAPHIC ADDRESS, -STATESBANK:' Benjamin Strong Esq., The Europe Hotel, Singapore. My dear Mr. Strong, I have duly received your letter of date regarding the box to be consigned to Mr. George Beyer, and you may rest assured that this matter will have our best attention. Yours sincerely, r." / 7,2e 2obru. ry LL3, 1920. Li. D. Glirrie, Cashier, International Banking Corp., Y. 55 'Ian Jt., New York, r. Currie: Deur Governor Strcug, who is fron the :lark LA :present on r.,.uLtion, has written me from the ;est that he plans t.king a trip througL ths t inc lud ing Japan, China, Java, leaving :731,;:z Francisco in t,he e trly pazt of April. , Ciewlon , etc. The Governor /las kc1'tie to see if you will ive hi= letters of introduction to your offices in the 2a4.4t. His party will include i. Basil :11os, formerly of am. 3tato:, Defiztillent, and his son, .3onjari1 ,itrong, Jr., nd the Governor is r...nidous to halvc all letters of intr6duction inaude The Governor desires to o.-rri those letters with Itin, Eald if you `71:1l send them to me, I will see tiLt they are for.rded to hiL. long with other letters of i.4 similar nature wittioh we ..,re 4...rocuring. Assuring you that yetu. coiipliance with this re test will be ly approci-ted, Ibog to remain Very truly yours, H. Cast, Lcting Governor. WAS/LIK BATAVIA BOMBAY CA LC U TT A CANTON CEBU COLON 'Jfittentational Ic6ankiit# Towaration HAN KOW ,RBIN G KONG KOBE LONDON LYONS 55 WALL STREET FR_ CABLE ADDRESS MAN I LA IN BAN COR NEW YORK PANAMA PEKING NEW PUERTO PLATA RANGOON YORK February 20, 1920. SAN FRANCISCO S. R. OE MACORIS SANTIAGO. a R SANTO DOMINGO SHANGHAI SINGAPORE SO U RABAYA TI ENTS IN ,31. YOKOHAMA SANCHEZ fki\P, 10 1711::Prt: TS I NGTAO Mr. J. H. Case, Acting Governor, Federal Reserve lank of N.Y., New York. , 13,yda, Rsssiv-s Vait Dear Mr. Case:- As requested in your letter of February 18th, I enclose letters of ntroduction to the Managers of our Far Eastern Branche for Gdvernor Strong, his son and Mr. Basil Miles. We are advising our Eastern Branches of Governor Strong's proposed trip and we know it will give them great pleasure if tiey can serve him or his party in any way. very truly, iYours Cashier. (Ar\c,/ Februsry 2, 192). X. D. Currie, Eq., Cnshier, Interi% 6nking Cori:ortion, New York, Desr Mr. Currie: Th-,,-1( you very much for the letters of introiluctic.n to the managera'ef your F..1- Eastern branches, for Governor Stront7, his son, and Mr. basil Mile,. tm Fure-Governor Strong a.pxeciate your courtesy ir this matter. Very truly yours, , F. Case, ing Governor. cf vazu4/64,41bir___ 7iá 7 Fobrukay A), 19ZO. Dmvson, Esq., Vice Presidont, Asia Banking Corporation, 35 Broadway, new York, K. Y. Dawson: Govornor Strong, who io away from the Bonk at nrosant on a vacation, ha s written .me fral the dest that he pions Ckirr a trip toroug) the East including Japan, China, Java, India, Ceylon, etc. loo.ving Set Francisco in the early pilrt of April. Tao Governor has skod mo to see if you will give hio lottors of introduction to yrsur offices in the :aot. Uis party will include r. Basil lies, formcrly of aur 3tato Dcpartmont, and hill son, Benjamin .trong, Jr., and the -arnor is anxious to have all /otters of introduction includo them. Govornor deoires to carry these lotterowithhim, and If you will send them to mo, Iwill soc that they are forwarded to hi along uith other letters of a similar nature viLichwe are procuring. ,ossuring you that your coplionce with this request will be Ly appreciated, d beg to remain Tory truly yours, . U. eaoe, _tine Governor. 4- ° 44_06il7',42.7 6(6) a.p,NCH ". Bis." \VIA AY iTTA C, C ION CEBU CO HAI N 3littcxuatiii nal /lank* Torporation OW HAP BIN HONG KONG KOBE LONDON LYONS MANILA 60 WALL STREET CABLE ADDRESS INBANCOR NEW YORK PANAMA PEKING NEW YORK PUERTO PLATA RANGOON al) 1/1,t/144_3 / f2. SAN FRANCISCO S. P. oc MACORIS SANTIAGO. D. R. SANTO DOMINGO SHANGHAI SINGAPORE SOURABAYA 261. tg 83i TIENTSIN YOKOHAMA SANCHEZ TSINGTAO 17:e -c-c,6 et 4-a7 APEik Es.N. NVV1 r a .136 1- (Ertl, February 24, 1921. My dear Sir: Thank you for your note of thoOrd instant, enclosing communication which reached me through your Bombay office. Yours very truly, G. Denzan, Esq., intern,Aionat Banking, Corp., 60 Wall St., New York, N. BS:MM Y. t -t415-0 -?'47-4 -tort4 /f/4' /.7? /hcr._ 71-34-e-r P.) Z January 13th, 1915. .y dear Straights man in Ahem I an interested came in to see me to-day about getting a position. He is an Austrian b;,./ birth, but has spent many years in Germany in Charge of the export department of a large manufac- turing concerrrand, I believe, has arganized foreign agencies and distrtbuting facilities for annumoor of manufacturing concerns. He has lost his position by reason of the death of the man with whom he was to be associated in business, and is anxious to get in touch with some firm or oornoration which is conteciplating extending its business in South Ar.erica, where ho has already had some business experience and feels that he can be of value to some American concern in he development of Zouth American trade. Ho speaks (em but does not speak Spanish. Aan you mako any sugestion where I snould direct him for in3rmation along these linos? He is a married man, but I think could 2range to go to South America if that were necessary, or night be com- petent to under take the work from this end along the lino of South American business connections. Thanking you in anticipation, I am, Very truly yours, wil lard. 1).0=4,Las.,. 23 vall Street, New York City. BSJr/VOU January 14th, 1915. Benjamin Strong, Jr., Esquire, Federal Reserve Bank, 62 Cedar St., New York. Dear 6ir: In the absence of Mr. Straight I beg to acknowledge reM.* MOM.... x ceipt of your letter of the thirteenth of January. I am expecting Mr. Straight to be back in the city within the next two weeks, and shall be glad to bring your letter to his attention upon his return. Yours very truly, a Juno 8th 1 9 1 5 My dear Ur. Straight: Can you give me pny information in regard to who are behind the plans recently mentioned in the newspapers for the establishment of a ahinese-American Bank? Did the matter really have substantial backing, or was it just a "flash in the oan?,, send me will be much appreciated.' Very truly yours, Messrs. J. P. Morgan Willard.,Care 23 all (.2treet, New York City, BS Jr/Val Dictfted by Mr. Strong but signed in his absence. e, Co, .Anything you can Z-TA,11 INa :DEFT WILLARD STRAIGHT TWENTY.- TFIR_EE WALL STREET -IsTEW Iro RTC '*101.4 ittlA0f t- My dear Governor: I am taking the liber y of giving this note of introduction-to you to Mr. 3rinivas R. Wagel, who for some 'years was connectetwith the staff of the North China Daily News of Jhanghai, and has written some very interesting W ks on Chinese finance. He has been in New York for s me months and you may have seen his contributions to .he Annalist and the New York :±lvening Post. Any cou ,esies which you may extend to Ya.. Wagel will be tly appreciated. Sincerely yours, The Honorable Benjamin Strong, Governor, Federal Reserve Bank, 62 Cedar Street, New York. , WILLARD STRAIGHT TWENTY-THREE WALL STREET 1,TEW YO September twenty-fourth, 1 9 1 5. my dear Governor; I have taken the liberty of giving a note of introduction to you to Mr. Srinivas R. Wagel, who for so ae years was connected with "The North China Daily News". He has writ- ten some valuable works on Chinese finance, and during his stay in this country has published several articles in "The Evening Post", the "Times", "The Annalist" and elsewhere. He is very anxious to continue his writing in this country, and whether or not you agree with his views, I believe you will find him a most intelligent ani interesting person; cyperwise I should. not pre- sume to send him on to you. Bespeaking your courteous consideration for Mr. Wage', believe me, with kind regards, Sincerely yours, The Honourable Benjamin Strong, Governor, 'Pederal Reserve Bank, 62 Cedar Street, New York City. September 27th, 1915. Dear Mr. Straight: Thank you for your favor of the 24th inst. I shall be very glad indeed to meet he °ails. Mr.:I/alga Very truly yours, Allard trait 'Talr-rtre New York City, VeM P WILLARD STRAIGHT ONE TWENTY BROADWAY NEW YORK July fifteenth, 1916. My dear Governor: You are so charitable that you will have thought nothing of my failure to cone in to see you before your departure, but I assure you that you were constantly in my mind and that time Of course the answer is that, if one and again I, tried to get up. does not do it, one does not; but the fact is that, since I last saw you at India House, I have been completely swamped with Chinese matters. I have rarely left the office before six thirty, and have in many cases had to stay in Town for the evening. I have a family at home which feels that I have been showing them no attention whatsoever and, as you may surmise, whenever I did get away from the office I was anxious to get home as soon as possible. Things were ligh- tening up a bit and I hoped to get up to see you, when I learned you had already gone. I have been very much distressed to hear that you may be away for some time. I hope that wherever you are you may find life pleasant and congenial, althaagh with your many interests here, inactivity must be very irksome. Of course with your London experience you will have very many things to think about. I am sure a period of rest will do you good and bring you badk with many new ideas and with the punch to put them aver. 0 I just learned to-day that you have resigned as a member of India House. Of course you know your own affairs best, but I am especially sorry to have you withdraw for it was always a pleasure to see you there, and we rant you for a -71ember of the Club. I mould not suggest that you reconsider your decision, but I sincerely hope that you may. You have so many friends in New Yoxik that I suppose there is nothing I can do for you but, if at any ttm anything should occur to yoU that you mould like to have me do, please let me know. With warmest wishes, believe me, Very sincerely yours, Benjamin Strong, Jr., Esquire, 120 Broadway, New York. -What would you think og Lloyd Griscom as a representative for the Corporation in London ? We have said nothing to him about it, but Nelson Perkins and I were talking the matter over and he suggested that we try to get your views. 11:;0041, 13-41gml / Estes Park, Colo., Aily 22, 1916. Willard_ZraAaht, 127-16n5dway, New York City, R.Y. My dear Willard: Your nice letter of the 15th has just reached me. I was disappointed not to have a visit with you before leaving but finally pulled out a few days earlier than I had expected and besides that was in bed most of the time. I certainly know how busy,you must have been and are likely to be if the Chinese loan matter gets active again. Wien in London your friend (Jir Charles Addis displayed a go E-de 1 of interest in the possibility of our bankers again, °rept in the loan and I am wondering whether you ,threshed out with him when you were there; doubtless you cil#. 11 As you say, it has distressed me a go0/6eal to have to submit to this banishmer 1en tS-werk at the bank was getting in such shape /t41).t ld th4w-part more as an on-looker. I suppose it 4I one of he penalties of dissipation whether of business or th (other ki 4. It will not interfere with my continuing 1ç e A,undert en in London as I am going to have a little 6ffic *tut_ s' and that matter can be handled by correspond . IML_the'other hand, it will of course be much slower than i lere in New York. MY resigna V, Membership in the India House was stily. I was engaged in pulling ph fro consider too out a çt of roots resigned from a lot of clubs; in fact two of tiqe,,Down-Tota-elubs, as I was a member of three, but If you fellI7that-mj judgment was bad and it is not too late, tell themE* UnaUp my resignation and I will reconsider it possib . after I he been out here some months and see how I am get- ting alo I) I mild like mighty well to hear from you If you ever have time to write. About Lloyd Griscom, now and then, I know him very slightly and my views of his capacity to represent the corporation in London are probably not nearly as good as others that you are consulting. Two or three things occur to me however that you doubtless have considered. He has been spending a good deal of his time and study in diplomatic matters and may have lost his "business touch" so to speak. I am not sure that he has the vigorous punch that is essentially needed for that position. Prom what I know of him, he has a splendid mind_ and 2. a great deal of ability, but my only doubt - and itais rather a serious one organization in Londondevelop suf- is whether he would to measure up ficiently aggressive the very active crowd which is to the standard set by I am now connected with the corporation. On the WholePerkins ally don't you send iielson inclined to doubt it. over? If you see any of the boys at 1718 H. Street, please give them my 3,ove and ask them to writo<rd---- Ay best to you and thank you again for your letter. 7,/- 1 Sincere]; ours, i,e1174/ WILLARD STRAIGHT ONE TWENTY BROADWAY NEW YORK Augul9eventh, di 1 ker. My dear Governor: Very many August. thanks for your letter of the twenty-second of I am glad that you are willing to reconsider the question of your resignation from India House. We should hate to lose you as a mem- ber. There has been a great deal of activity lately in the Chinese loan matter, but for the present, at least, I think it has rather subsided. If you have followed the accounts in the "New York Times" you are pretty familiar with the present situation. I had hoped very much that we might work out some scheme whereby American intereat in the International Group might be revived, but for the present at least, this seems impossible, although I feel sure one of these days it will be revived again. I am rather hoping I may have an opportunity to go over to London sometime this autumn to take this matter up. Ever since my return from the other side we have been trying to find a suitable representative for London. We tried to persuade Nelson Perkins to go over, but he was unwilling to take on the job. his attitude when lartve talked. It may be that after further conside'ra- tion he will be willing to change his mind. pects to return very shortly. him rather as you do. At leaet that vas He is now in Seattle, but ex- Many of Lloyd Griscom's friends feel about They recognize the importance of his London connec- tions, but doubt his business punch, so that I imagine we shall do nothing further in that direction. I hope that you are profiting by your stay in Colorado. We all miss you 2 here and hope that you will be back with us very shortly. Fletcher is spending sometime in Washington, but expects to leave the end of this week. He tells me he expects to get off to Mexico sometime within the next six weeks, but from the way things are going down there I doubt very much if his hope will be realized. Basil, I believe, has gone to Plattsburg. George Marvin is somewhere on the border. If there is anything I can do for you at this end please let me know. With best wishes always, believe me, Yours ever sincerely, Benjamin Strong, Esquire, Estes Park, Colorado. C,17-4-eeel 1\.1) Estes Park, Col., September 5th, 1916. My dear Willard Since receiving yours of the 11th, I have been trying to think of a suggestion that would help you auJin your dire. ficulty about a London representative. need is hard to The tyfØ find because so few Amirri-aanA , of man you been educa- ted in foreign matters. After considering a. a good many names, I ec , has so far occurred to me am led to believe that the beats. '-:----- is an engineer by tfirname ready know. Cov \) dala d some;e fry \\,,t 1.1 which \ /Was a member, i ale whom, possibly, you al- good work for the Committee of TiWf reorganized the Southern Iron & Steel 71 1 Compa y and is nOwlknown as the Gulf States Steel Company. .i',/ , He 1*i/report and his advice was good and has turned Platten, of the U. S. Morthgage & Trust, was Chair- mede an out well. man of the Committee and knows a report for Flatten's about his work. He, also, made Committee which represented some of the security holders of the Chicago, Eastern & Illinois Railroad Co. He was educated ac an experience. engineer, but has had some business i think tarry Bronner, of Hallgarten & Co., also knows something about him. The thing whice impreesed me most about Coverdale was that he had a good deal of energy and punch, and the ccurage of -2 To Willard Straight, Esq. his convictions. his an Sept. 5, 1916. excellent address, is a good talker and gives a &neral impression of knowing his On the businesf,.. whole, I think it would be worlb while to look him up through the channels I suggested and such others as you can discover. Of course, I have no knowledge as to whether he interested or been fairly not, but I have the id have to pay salary* Since hearing from you party of general idea that his work has profitable recently and that you him a pretty good might be lesti_laalrej ned that noble globetrotters known Street /// grateful to you and the eth,af for pr,ktting am deepjly me this pleasure and honor. Things are/ and downs, but I 4lieve wit Basil wr days f r ill w you se me th expected out here some h toady improvement. is off for Russia in a h some so rather4 eff fever down on the Mexican border. 1eRse give him my love. Very sincerely yours, Willard Straight,. Esq., 120 Broadway, New York City. fe7 n indefiniU.Ataj and I hear that George Yarvin good self,Thilio. BS/VCE with ups If My best to your 6471, WILLARD STRAIGHT ONE TWENTY BROADWAY NEW- YORK September twentieth, 1916. My dear Ben: Very many thanks indeed for your letVer of the fifth of September, regarding Coverdale. We have alre* taken steps to look him up. It was very good of you to take 1 much trouble trying to help us out, and the more one thinks of i#, the more one realizes the importance of having the right man in London. Things are moving pretty raprly these days on the other side, and we should certainly be in a positAon to watch them intelligently. I was delighted to hear that, you have joined the brotherhood, and we are all looking forward to )he time when you will be back again and we can have a real welcoming /party, for I still hold that - I never having been present, you have nOver been properly installed. We had a very nice dinner the other night for Basil, just befare he started for Russia, ceived. / and sent you a telegram which I hope you re- We all missed you very much and wished you could have been with us. There are a lot/of things going on here which I should like to talk over with you but, if you will play around Estes Park, I suppose I shall have to go without the benefit of your advice. With best wishes always, believe me, Very sincerely yours, Benjamin Strong, Esquire, Estes Park, Colorado. WELLARD STRAIGHT ONE TWENTY BROADWAY NEW YORK 4/0 h PlA. November Eleventh, 1 9 1 6 . My dear Governor: Just a word of cheer on the result of the election. I presume that you are delighted. We all are - in fact I have never seen Wall Street so cheerful. They really are so fond of Mr. Wilson, We have heard of nothing else for some time; but there are those who say you had better look out for the U-boat outbreak or controversy in the very near future. Personally I am rather of the opinion that some storm will appear on the horizon before very long. As far as the American International Corporation goes, we are still looking for a man for London. We have just ar- ranged with Mr. Peixotto, who you may remember is President of the American Chamber of Commerce in Paris, and in charge of the Equitable Life Assurance Society in France, to act for us in Paris; but the London job seems harder to fill. I had a teak with your friend Coverdale, and have spoken to Mr. Stone about him - but whom we will decide upon, or whether we will ever decide upon anyone, I do not know.' Incidentally, I hear from India House that your dues are now due, and they want to know Whether your resignation is effective or not. I sincerely hope you will not resign., We could easily transfer you, if you wish, to Non-resident Membership. arrange it. If this is agreeable to you I shall be glad I have seen our friends at Seventeen Eighteen corn- paratively recently, and they all seem very well. Fletcher has been back and forth between New York and Washington, and seems to be getting in training for his new job in breaking hearts here. With best wishes always, believe me, Yours ever sincerely, The Honourable Benjamin Strong, Estes Park, Colorado. ite.C.ISISSIN NEWCOMB CARLTON, PRESIDENT 21 D G RECEIVED AT 18 ROSLYN NY 330 PM DEC 25 HON BENJ STRONG, ESTES PARK COLO. OUR XMAS WILL BE MERRIER IF WE FELT WERE COMING BACK SOON HOLIDAY SURE YOU GREETINGS TO ALL. WILLARD STRAIGHT. 421PM WESTE Form 2.589 .4=7k.-S-Na WESTERN UNION _ DAY GEORGE W. E. ATKINS, VICE-PRESIDENT /ER'S No. NEWCOMB CARLTON. PRESIDENT TIME FILED BELVIDERE BROOKS VICE-PRESIDENT CHECK SEND the following Day Letter, subject to the terms on back hereof, which are hereby agreed to COPY. Estes Park, Colorado, December 28, 1916. Willard Straight, Roslyn, N. Y. Your welcome greetings were phoned to the top of the Rockies where we are spending the holidays two miles above the sea and forty miles from railroad in zero weather. Warmest greetings from the children and Ben Strong. ALL DAY LETTERS TAKEN BY THIS COMPANY SHALL BE SUBJECT TO' THE FOLLOWING TERM:... The Western Union Telegraph Company will receive DAY LETTERS, to be transmitted at rates lower than its standard telegram rates, as follows: one and one-half times the standard night letter rate shall be charged for the transmission of fifty (50) words or less, and one-fifth of the initial rate for such fifty words shall be charged for each additional ten (10) words or less. To guard against mistakes or delays, the sender of a day letter should order it REPEATED, that is, telegraphed back to the originating office for comparison. For this, one-half the unrepeated day letter rate is charged in addition. Unless otherwise indicated on its face, THIS IS AN UNREPEATED DAY LETTER AND PAID FOR AS SUCH, in consideration whereof it is agreed between the sender of the day letter and this Company as follows: The Company shall not be liable for mistakes or delays in the transmission or delivery, or for non-delivery, of any UNREPEATED day letter, bev,nd the amount received for sending the same; nor for mistakes or delays in the transmission or delivery, or for non-delivery, of any REPEATED day letter, be d fifty times the sum received for sending the same, unless specially valued; nor in any case for delays arising from unavoidable interruption in the working ca lines; nor for errors in obscure day letters. In any event the Company shall not be liable for damages for any mistakes or delay in the transmission or delivery, or for the non-delivery, of this day letter, whether caused by the negligence of its servants or otherwise, beyond the sum of FIFTY DOLLARS, at which amount this day letter is hereby valued, unless a greater value is stated in writing hereon at the time the day letter is offered to the Company for transmission, and an additional sum paid or agreed to be paid Lased on such value equal to one-tenth of one per cent. thereof. The Company is hereby made the agent of the sender, without liability, to forward this day letter over the lines of any other Company when necessary to reach its destination. Day Letters will be delivered free within one-half mile of the Company's office in towns of 5,000 population or less, and within one mile of such office in other cities or towns. Beyond these limits the Company does not undertake to make delivery, but will, without liability, at the sender's request, as his agent and at his expense, endeavor to contract for him for such delivery at a reasonable price. No responsibility attaches to this Company concerning day letters until the same are accepted at one of its transmitting offices, and if a day letter is sent to such office by one of the Company's messengers, he acts for that purpose as the agent of the sender. The Company will not be liable for damages or statutory penalties in any case where the claim is not presented in writing within sixty days after the day letter is filed with the Company for transmission. In further consideration of the reduced rate for this special .DAY LETTER" service, the following special terms are hereby agreed to: DAY LETTERS may be forwarded by the Telegraph Company as a deferred service and the transmission and delivery of such DAY LETTERS is, in all respects, subordinate to the priority of transmission and delivery of regular telegrams. DAY LETTERS shall be written in plain English. Code language is not permissible. This DAY LETTER may be delivered by the Telegraph Company by telephoning the same to the addressee, and such delivery shall be a complete discharge of the obligation of the Telegraph Company to deliver. This DAY LETTER is received subject to the express understanding and agreement that the Company does not undertake that a DAY LETTER shall be delivered on the day of its date absolutely and at all events; but that the Company's obligation in this respect is subject to the condition that there shall remain sufficient time for the transmission and delivery of such day letter on the day of its date during regular office hours, subject to the priority of the transmission of regular telegrams under the conditions named above. , No employee of the Company is authorized to vary the foregoing. THE WESTERN UNION TELEGRAPH COMPANY INCORPORATED NEWCOMB CARLTON, PRESIDENT CLASSES OF SERVICE TELEGRAMS A full-rate expedited service. NIGHT TELEGRAMS Accepted up to 2.00 A./o. at reduced rates to be sent during the night and delivered not earlier than the morning of the next ensuing business day. DAY LETTERS A deferred day service at rates lower than the standard telegram rates as follows: One and one-half times the standard night letter rate for the transmission of 50 words or less and one-fifth of the initial rate for each additional 10 words or less. Subordinate to the priority of transmission and delivery of regular telegrams. Must be written in plain English. Code language not permissible. Telephonic delivery permissible. Day Letters received subject to express understanding that the Company only undertakes delivery of the same on the day of their date subject to condition that sufficient time remains for such transmission and delivery during regular office hours, subject to priority of the transmission of regular telegrams. NIGHT LETTERS Accepted up to midnight for delivery on.the morning of the next ensuing business day, at rates still lower than standard night telegram rates, as follows: The standard day rate for 10 words shall be charged for the transmission of 50 words or less, and one-fifth of such standard day rate for 10 words shall be charged for each additional 10 words or less. Must be written in plain English. Code language not permissible. Mail delivery, postage prepaid, permissible. MAYOR'S COMMITTEE ON NATIONAL DEFENSE ROOM 2028, MUNICIPAL BUILDING, NEW YORK. WILLARD STRAIGHT, Chairman Executive Committee Treasurer Lewis L. Clarke Cleveland H. Dodge William N. Dykman John Mit I 28 Broadway APR2 George W. Perkins Alfred E. Smith Willard Straight Telephone: Worth 905 exper M. White 1917 March 28, 1917. Mr. Benj. Strong, Jr., 62 Cedar St., N. Y. City. Dear Sir: As a member of the Mayor's Committee on National Defense you will realize the importance of an immediate census of the individuals composing that committee. For effective work those in charge of the Committee rflust know the precise extent to which they can call upon each member. Will you, therefore, fill out and sign the enclosed questionnaire and mail it immediately to the Committee Headquarters, Room 1820, Municipal Building. Sincerely, Chairman Executive Committee ;7.-ero IMMEDIATE and IMPORTANT . Name Address (Please fill out and return at once to Mayor's Committee, Room 1820, Municipal Building) How much of your personal time and attention can you give to the Committee during the next thirty days? How many men or boys can you place at the disposal of the Committee during that period? How many automobiles, trucks or motorcycles can you place at the disposal of the Committee? How many motorboats? Describe Lengths, Beam, Draft, Speed. That other material aid, either in facilities or equipment can you offer the government in case of war? How much will you contribute, if called upon, toward defraying the expenses of the Committee? What suggestions have you to make as to the most effective employment of your own energies and the energies of the Committee.? Your house What is your office telerhone Number (Sgd) Willard Straight, Chairman, Ex. Corn. i" Denver, Colorado, April 2, 1)17. dear Allard: Your notice of larch 28th has just reached me and I very greatly regret my inability to be on hand and Performing some duty in connection mith the mork of the Aayor's Corimittee on National Defense. If my place should be filled by someone else, please don't hesitate to drop me. 1 will be bacc sometime this summer and, of course, ready to do anything in my power. 4ery sincerely yours, Allard Strafga, Esq., Chairman Daicutivo Committee, Rm. 2028 Uunicipal Bldg., New York City. BS/CC 44, WILLARD STRAIGHT E3PM, ONE TWENTY BROADWAY NEW YORK JUN - 5 1917 June second, 1 9 1 7. -2-4a,""7.73 BUM Dear Ben: This is a reminder that you are to dine with. me on Tuesday evening, June twelfth, at eight o'clock, at The Links, 36 East Sixty-second Street, to meet His Excellency E. de Cartier de Marchienne, Belgian Minister in Washington. Sincerely your // Benjamin :Strong, Jr., Esquire, Federal Reserve Bank, 15 Nassau Street, New York City. '7) # 40 till,C41-ri 0 k)(3Ck4C-442 Hotel Ritz, Paris, July '1, 1919. My dear Mr. Poixotto: Many thanks for your card just received. I am looking forward to the pleasure of seeing you on my return from the north in about ten days, as I am now on my way through to Brussels and Amsterdam Hoping that you keep well, and with cordial regards, I Sincerely yours, M. Percy Peixotto, Esq., c/o American International Corporation, 2 hue des Italians, Paris. BS/V am, 1.1(T Ii' 0 OFF c INTERNATIONAL BANKING CORPORATION. WALL ST R LET, A-AEW YORK. qr. R AN CHES. TELEGRAMS CA L"TTA. MANILA. MEXICO. CANE PANAMA. CEBU. PEKING. CO LON. SAN FRANCISCO, SHANGHAI. SINGAPORE. YOKOHAMA BOMBAY, EMPIRE. HANKOVV. NGKONG, "STATESBANK" BOMBAY 21st Qctbr... 49_2a_ KOBE. LONDON OFFICE. 36,ESISNOPSOA1E, E.C. ,Dear Mr. Strong, I have just heard from our Calcutta I am looking Manager of your arrival in India. forward to our meeting sometime next month. If you can at this stage give me some idea as to when you expect to arrive here, it would be of considerable help to me in arranging to make your visit to Bombay I should like you to meet as pleasant as possibi,e. some of our leading men and to enable me to arrange this it will be necessary to fix the date somewhat ahead. I append at foot a list of our principal clubs, of which I am a member, and I should be very pleased to arrange for yourself, your son and Mr. Basil Miles to be made temporary members for the period of your stay here if you so desire it. Yours sincerely, Benjamin Strong, Esq., c/o International Banking Corporation, Calcutta. Byculla Club, 7oyal Bombay Yacht Club, Bombay Club, Willingdon Sports Club. TELEPHONE N?. 445 INTERNATIONAL BANKING CORPORATION BOMBAY LC el- /O/c, 7,, G-./e - a ) r\ G hi/ 41-'0 ,1 (107f,tfaeiim 9/ AMERICAN INTERNATIONAL CORPORATION 120 BRO_ADW_A_S, NEW --Yo September 22, 1921. Mr. Beyer, Office of the Governor, Federal Reserve Bank, 15 Nassau Street, New York City. Dear Sir: I hand you herewith data obtained from New York Shipbuilding Corporation in response to request from Mr. Snrer. I shall be glad if you will see that these letters and memoranda are returned to MX. de Taube when you have finished with them. Very truly yours, to.. TWI:MS A N.Y S CORP. FORM 307 -4 S-2 22 NEW YORK SHIPBUILDING CORPORATION 8 NAAIN c)F-F-icE AND vvORKs C0111). INTERN.L.L CAM DEN, NEW JERSEY, U. S. A. CAMILE AIZ FR ESS PAM RV] W" cANADENJ Se t. 21 1921. AMERMANINTERNATIONALCORPORATION Mr. N. DeTaube, Vice Pres., New York Shipbuilding Corp., #120 Broadway, New York City, N. Y. Dear Mx. DeTaube:- rigrERRED TO- Mr NOTED: ANsWERED: ..L.,......... Mr. Mn M, Replying to' your request of the ninteenth instant, I am attaching hereto a statement showing the payrcll force in the New York Shipbuilding Corporation from august 28th, 1920 to .. ugust 27th, 1921. You will note that during this period the payroll was reduced 6604. You will also note that we hired during this period 7660, which made the total number of men handled 20,056. This means that 14,264 men left the employ of the Company during the past year. Of this number, 7868 left of their own accord. We can assume that they had better jobs to go to. This would seem to me that half of the men leaving our eaploy during the past year received jobs immediately,outside. We can not assume however that they are working at present as we know nothing whatever about it except hearsay, which latter indicates that vast numbers of them are out of work. It is interesting to note that a year ago we only reduced our farce in one month by 128, whereas 1474 voluntarily quit. 2his ratio continuously changes and reverses itself,until August, 1921 when we reduced our force by 1829 and only 184 voluntarily quit. Of course we can assume that some of the men laid off obtained work elsewhere, but we can only say definitely that 184 during august saw better opportunity for either higher wages or more regular anployment elsewhere. I believe that the only way that definite figures could be obtained to show unemployment in any district would be to have a definite report from every employer within that district as to the number of men he had working for him six months or a year ago, and the number of men he has working for him at present. Such figures would be almost impossible to obtain. I personally think that reports from a group of employers 1411147Mr. DeTauba----42 such as is gotten out by the Metal Trades itssociation only shows conditions in that particular group, and possibly indicates the general employment condition. I think however that any statement purporting to show the percentage of unemployment bused on such figures is erroneous and exaggerated, for reason that Di.my of these industries have practically shut down, while on the other hand new lines of work have opened up to absorb to some extent such labor thrown on the market, and it is not reasonable to suppose that one out of five workers is out of employment, and the figures published by the Department of Labor showing an uneaployment of approximately six million would mean that. It would be possible for us to give you a statement showing how many men wee laid off by this Company Who had others dependent upon them for support. Such statistics are included on our tabulating machine cards maintained in the Employment Department in the North Yard, but as i explained to you over the telephone yesterday this would mean the sorting and counting of approximately 60,000 cards, as we file the inactive tabulating cards numerically and do not separate them for any period of time, and such separation Would first have to be done by the machine before we could compile any information between the dates. de could not do t two days continuous work and you advised that it would not be worth while to do this at this time. I attach also the report from the South Yard giving the same information. Trusting that this information will be of assistance to you and that you will let me know if there is anything further that I can prepare, I am Very truly yours, NEW YORK SHIPBUILDING CORPORATION; P Manage PG/GAS 2 Gendell, of Employment, STATEMENT OF WORKING FORCE IN NORTH YARD BUILDING CORPORATION FROM Aug. 28, 1920 to Aug. 27,1921. C) MONTHLY MONTH TOTALS ON ROLL MONTHLY TOTALS RED. in FORCE MONTHLY TOTALS MONTHLY R8I4NED HIRED TOTALS Aug. 28. 12396 Sept.25. 12263 128 1474 1534 Oct. 50. 12439 171 1501 1842 Nov. 27. 12822 383 (Increase) 745 1318 Dec. 31. 12713 109 643 741 Jan. 29. Feb. 26. 12444 269 680 468 12096 348 344 263 Mar. 26. 11734 362 467 462 Apr. 30. 10563 1171 646 454 , May. 28. 9971 592 472 292 Jun. 25. 9468 503 362 202, Jul. J. 7621 1847 350 84 Aug. 27. 5792 1829 184 0 TOTALS 5792 6604 7868 7660 NEW YORK S NEW YORK SHIPBUILDING CORPORATION SOUTH YARD MAI N OFFICE CAMDEN, NEW JERSEY, U.S.A. WORKS GLOUCESTER CITY, NEW JERSEY CAM DEN To tal on roll first of month -30-2O 9-25-20 10-30-20 11- 12-31-20 1-29-21 2-26-21 3-26-21 4-30-21 5-28-21 6-25-21 7-30-21 4464 4798 5344 5562 5465 5852 6103 5785 5569 5269 4918 3986 Entrances during month 1652 2105 1206 795 1066 847 5.75. 6.95 419 294 103 179 9936 The number of men Terminations durin month 681 747 387 261 202 1318 1569 988 892 697 596 893 911 245. 290 359 246 196 220 140 719 645 1035 578 10823 resigned are the terminations during month. Resi ned To tal on roll end of month. 9-25-20 10-30-20 11-27-20 12-31-20 1- '39- '31 4798 5344 5562 5465 5852 6103 2-26-21 3-26-21 5.785 4-30-21 5569 5-28-21 5269 6-25-21 4918 7-30-21 3996 8-27-21 3587 included in - Employment Manager. STATELENT OF WORKING FORCE IN NORTH YARD, NEW YORK sup- BUILDING CORPORATION FHDLI Aug. 28. 1920 to Aug. 27. 1921. MONTELY MONTHLY TOTALS TOTALS TOTALS ON ROLL yiONTH ,MONTHLY TOTALS MONTHLY RED. in FORGE RESIGNED HIRED Aug. 28, 12396 Sept. 25, 12268 128 1474 1534 Oct. 30, 12439 171 1501 1842 Nov. 27, 12822 383 (Increase) 745 1318 Dec. 31, 12713 109 643 741 Jan. 29, 12444 269 680 468 Feb. 26, 12096 348 344 263 Mar. 26, 11734 362 467 462 Apr. 30, 10563 1171 646 454 May 26, 9971 592 472 292 Jun. 25, 9468 503 362 202 Jul. 30, 7621 1847 350 84 Aug. 27, 5792 1829 184 0 5792 6604 7868 7660 , s TOTALS 'STAT1Z:ENT X 7/ORKING FOXE IN SOUTH YARD, NMI YORK. SHIPSUILDING CORPORATION FROM Aug. 20. 1920 to July 30. 1921. roll Total on of month Entrances during month Terminations durin month Resi ed. Total on roll end of month 8..30-20 4464 1652 1318 681 9-25-20 9-25-20 4798 2105 1569 747 10-30-20 5344 i0...30-20 5344 1206 988 387 11..27-20 5562 11.-27..20 5562 795 892 261 12..31-20 5465 12.-31-20 5465 1066 697 202 1-29-21 5652 1..29..21 5852 847 596 245 2.-26-21 6103 2.-26-21 6103 575 893 290 3-26-21 5785 3-26-21 5765 695 911 359 4-30-21 5569 4-30-21 5569 419 719 246 5.-28-21 5269 5-28.-21 5269 294 645 196 6.-25-21 4918 . * t 6..25-21 4918 103 1035 220 7..30-21 3986 7.-30-21 3986 179 9936 578 10823 140 8-27-21 3587 The number of men resigned are included in the terminations during month.