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BAMK SUSBMSIW STODY

At a meeting of the Board on March 26, 1936 there was an
infoimal discussion regarding the prospects for legislation dealing with the banking structure* In order to have available factual
and analytical material relating to the problems of the banking
structure with a view to a constructive legislative program on the
subject, a committee of senior staff members was appointed to propose a study program and to organize a staff for the prosecution of
this work* The staff was instructed to treat the study as a strictly
confidential one, to be carried on by the existing organization with
material available to it* The work was carried on as other duties
permitted*
The committee of senior staff members consisted of Messrs*
Morrill, Goldenweiser, Paulger, Smead, and Wyatt* A subcommittee
which consisted originally of Messrs. Blattner, Cagle, Borbett, and
Wingfield was appointed to outline the program in specific form and
to supervise the preparation of the studies* Later, because of the
pressure of other work, Mr* Wingfield was forced to retire and was
succeeded by Messrs* Dreibelbis and Solomon*
The subcommittee met with the senior staff in the middle of
April 1936 to discuss the general outlines of the program of study*
Following this meeting a program was drafted by the subcommittee
which was submitted for discussion at a second meeting with the senior staff, revised on the basis of this discussion and presented by
the senior staff to the Board in a memorandum dated May 5, 1936* This
memorandum, which contains a statement of the general objectives of
the program, was informally approved by members of the Board on May
15, 1936*
In carrying out the program there was considerable revision of
the grouping of topics in the original outline* Some of the topics
were combined, while in other cases topics were divided and two or
more studies were prepared to cover the subject of a single topic.
There is given below a list showing the studies which were (l) submitted to the Board, (2) published in the Federal Reserve Bulletin
after submission to the Board, and (3) not submitted to the Board*
The study was kept confidential and, except for the material published
in the Federal Beserve Bulletin, the memoranda have not been given out*




2MEMORANDA SUBMITTED TO THE BOABD

Subject
1.
2.
3.
4.
5.
6#
7.

8.
9.

No, of
mimeographed
pages

Date submitted

37

Dec, 28, 1936

26
56

Dec, 28, 1936
Mar. 10, 1937

208

July 29, 1937

64
193

Aug. 23, 1937
Aug. 30, 1937

65

Sept. 7, 1937

251

Oct. 28, 1937

46

Nov. 18, 1937

"Unification of the Commercial
Banking System*
"Consolidation of federal Supervision of Commercial Banks"
"BranOjk and Group Banking"
"Branch Banking in the United
States (long edition)
"The Postal Savings System in
the United States"
"Bank Management"
"Some Competitive Aspects of the
Dual Banking System Evidenced
by Statutory Changes and Administrative Practices"
"Group Banking in the United
States (long edition)
"Complexities of Banking Laws
and Practices Associated with
Multiple Banking Jurisdictions"

MATERIAL PUBLISHED IN THE FEDERAL RESERVE BPLLETIN

Subject

No. of
mimeographed
pages

Published in
Bulletin for

1. "Compilation of Federal and
State Laws Relating to Branch
Banking within the U. S."
2. "Analyses of the Banking Structure"
3* "Bank Suspensions, 1921-1936" (tables)
4. "Bank Suspensions, 1921-1936" (text)
5. "Changes in the Number of National
and State Banks during 1921-1936"
6* "Group Banking in the United States"
7* "Trends in Rates, of Bank Earnings
and Expenses*11

88
32*
91
56

November 1936
August 1937
September 1937
December 1937

39*
40

November 1937
February 1938

60

February 1938

*Number of printed pages. This material was not mimeographed*




-3MANUSCRIPTS PBEPABED BOT NOT SgBMITTED TO BOARD
Mo# of
mimeographed
Date

2SS2S
Studies which were used for pappose
of reference or parts of ^hich were
Incorporated in other documents
"Divided and Overlapping Federal Regulation, Examination, and Supervision
of Banks"
"Study of Obsolete, Overlapping^Conflicting, Ambiguous, and Other Unsatisfactory Provisions in Existing
Banking Laws"
3, "Banking Profits, 1890-1936"
4, "Bank Suspensions, 1892-1935"
5. "Administrative Competition in Laxity"
6. "Statutory Competition in Laxity"
7, "Classification of Banks in Operation
on December 31, 1935"
"Complexities of Banking Laws and
Practices Relative to the Organization* Operation, and Supervision
of Banks"
"Divided and Overlapping Supervision
and Methods of Improvement"

Other manuscripts
10* "Investment in Capital Structure of
Banks and Loans to Banks and Others
by the Reconstruction Finance
Corporation"
11. "Federal Intermediate Credit Banks
and Production Credit Associations"
12 • "Savings and Loan Associations under
the Federal Home Loan Bank Board"
13. "Federal Land Banks and Federal Farm
Mortgage Corporation"
14, "Home Owners Loan Corporation"
15. "Important Classes of Institutions
Competing with Commercial Banks for
Savings Funds or in Lending Activities"
16 "The Changing Character of Bank Assets
and Liabilities"
17 "Historical Background of the American
Banking System"
In typewritten form
August 25, 1938.



51

July 9, 1936

160
50
111
112*
151

July 29, 1936
Sept, 3, 1936
Sept. 26, 1936
Opt. 5, 1936
Oct. 26, 1936

40

Deo. 31, 1936

288

Jan. 13, 1937

200*

Prepared in draft
form only, not
formally dated

32

Aug. 21, 1936

39

Aug. 21, 1936

15

Aug. 21, 1936

47
30

NOT.

67*
26*
11

16, 1936
Feb. 12, 1937
Prepared in draft
form only, not
formally dated