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2'28 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Wednesday, January 31, 1951. PRESENT: Mr. Mr. Mr. Mr. Mr. Mr. McCabe, Chairman Szymczak Evans Vardaman Norton Powell Mr. Carpenter, Secretary Mr. Sherman, Assistant Secretary Mr. Kenyon, Assistant Secretary Minutes of actions taken by the Board of Governors of the Federal Reserve System on January 30, 1951, were approved unanimously. Telegram to Mr. Leedy, President of the Federal Reserve Bank °t Kansas City, reading as follows: "Relet January 25. Because of Government salary control Board unable to approve payment of salary at increased rate to Boysen. Does approve payment of ttalary as Assistant Cashier at current rate beginning anuary 18, 19510 provided this rate fixed by Directors. rroposed salary will be presented to Board when regulations are clarified on such cases." Approved unanimously. Letter for the signature of the Chairman, to Honorable Maurice J. Tobin, Secret8 of Labor, U. S. Department of Labor, Washington 25) D. C., reading as follows: , 1 "Reference is made to your letter of January 24, 51 stating that, under the terms of Executive Order !:13* 10194, dated December 190 1950, you have been Lirected by the President to organize a Federal Safety uncil and requesting that I nominate one representa0:ve and one alternate responsible for the establishment basic safety policies, plans and procedures in 'LA. operations under my direction. j 22'7 1/31/51 -2- "In accordance with your request I hereby designate Mr. Liston P. Bethea as the Board's representative, and Mr. Joseph E. Kelleher as alternate, for the purposes set forth in your letter. Messrs. Bethea and Kelleher are Director and Assistant Director, respectively, of the Board's Division of Administrative Services." Approved unanimously.