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At a apecial meeting of the eederal Reserve Board held in the office of the Board on Monday, January 5, 1920, at 11-30 PRESENT: The 17,r. Yr. Mr. Mr. Vice-Governor Miller Hamlin Moehlenpah Chapman, Secretary. Business was presented and disposed of as follows: Considerable discussion was had of suggested adjustments in salaries of Federal Heserve Agents for the year 1920, and on motion duly seconded, it was Voted that subject to approval by the Governor, the following schedule of salaries of Federal Reserve Agents be made effective as of January 1, 1920: Mr. Frederic a. Curtiss, Mr. Pierre Jay, Mr. R. L. Austin, Mr. D. C. Wills, Mr. Caldwell Hardy, Mr. J. A. McCord, Mr. .7i. A. Heath, Mr. Wm. McC. Martin, Mr. John H. Rich, Mr. Asa E. Ramsay, Yr. Wm. F. Ramsey, Ir. John Perrin, $18,000 Boston, 30,000 Yew York, Philadelphia, 15,000 25,000 Cleveland, 15,000 Richmond, 12,000 Atlanta, 24,000 Chicago, 18,0u0 St. Louis, Minneapolis, 15,000 Kansas City, 15,000 Dallas, 18,000 San Francisco,24,000 Telegram dated January 2d from the Chairman, Federal 8erve Bank of San Francisco, advising that, subject to the approval of the Federal Reserve Board, he would take vacation from February 1st to the latter part of March, 1920. In view of the fact that since the organization of the Federal Reserve Bank of San Francisco in 1914 :a.. Perrin had not found it possible real v:.,c,ation, the Bcard approved to take the vacation for hi this year during the period named. At 12-05 i., the meeting adjourned. Secretry. Approved; _W•d Vice-Governor. •