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soecial meeting of the Federal Reserve Board was
held in the office of the Board on Thursday, Decemler 2d, at
11

.PIESZNT: The Governor
:?latt
17r. Familia
7:.r. 71111s
Roxton, Secretary.
Reading of the minutes was omitted...:.
The Governor stated that the afternoon press contained
•

at itemto. the effect that the Governor of the state of7reor,:-;ia,
_had under advisement the calling of a special session of the
legislature to consider the enactment of a hw proviftinc for a
twelve months stay or moratorium in that State.
_Ifter discussion, a telegram deal inc' with this
matter was aplroved by the Board and ordered transmitted to the :Federal Reserve Bank of Atlanta.
The Governor called the Board's attent ion to the publication in a local afternoon newspaper of the letter written to
the :Federal Reserve Board on the lath of :ovember by Sena-tor
Cwen.
•It was unanimously decided that the Clovornor's
reply to Senator Cwen, dated :Tovernber 29th, should
be in diately relea.secl to the press.
4:30 D•Trl. the meeting adjourned.

Secret:- ry.
Appr oved:




rnor.