Memorandum to Mr. Eccles, Box 78, Folder 13, Item 9

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Subject: Mr. Evans' proposal. The referenced attachment, "Exhibit C, Proposals to Control Bank Reserves" is not attached. "Exhibit A, The Banks and Government Bonds: A Suggested Solution for a Menacing Situation" is attached.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102