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1 0'92 At a regular meeting of the Federal Reserve Board held in the office of the Board at 11:10 a. m., on Wednesday, February 16, PRESENT: Mr. Hamlin, presiding Mr. Warburg Mr. Delano Mr. Harding Mr. Killer Mr. Willis, Secretary. By previous appointment Mr. W. S. Rowe of Cincinnati presented to the Board his plan for a system of check clearance. On motion at 1:00 p. in., the Board adjourned to meet at 3:00 p. in., this day. APPROVED: Chairman.