The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
At a meeting of the Executive Committee of the Federal Reserve Board held in the office of the Board on January 4, 1919, at 11:20 A.M., PRESENT: The Governor Mr. Strauss Mr. Chapman, Assistant Secretary. PRESENT ALSO: Mr. Hamlin Mr. Williams Business was presented and disposed of as follows: Letter dated December 31st, from Mr. J. T. Scott, a Director of the Federal Reserve Bank of Dallas, and Chairman of its Committee on Salaries for 1919, advising that Mr. J. W. Hoopes had resigned as Deputy Governor of that Bank and that Mr. L. P. Talley would be appointed Deputy Governor and Cashier; recommending that the salary of the Governor be fixed at $15,000 per annum, and that of Mr. Talley as Deputy Governor and Cashier be increased from $9,500 to 410,000. Voted that the salary of Mr. Talley as Deputy Governor and Cashier be approved at 410,000 per annum. At 11:30 A.M., the meeting adjourned. Assistant Secretary. Approved:
@FedFRASER