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FEDERAL OF RESERVE NEW BANK YORK r Circular No. 3 1 6 0 ~ 1 December 2, 1946 J L TH E FED ERAL RESERVE A C T (Revised Edition) To each M em ber Bank in the Second Federal Reserve D istrict: The B oard o f Governors o f the F ederal Reserve System has advised us that a revised edition o f the F ederal Reserve A ct w ill soon be avail able fo r distribution. This edition, which supersedes the form er edition published in 1935, incorporates all amendments to the F ederal Reserve A ct and contains in the A ppendix provisions o f other statutes affecting the Federal Reserve System which have been enacted by the Congress up to Novem ber 1, 1946. Y ou w ill receive from the B oard o f G overnors in the near future a com plim entary buckram-bound cop y o f the revised edition. A dditional buckram-bound copies m ay thereafter be obtained directly from the B oard o f Governors, W ashington 25, D. C., at a cost o f $1, or if you desire, you m ay obtain a limited number o f paper-bound copies from this bank without charge. A ll a n S proul, President.