Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, January 8, 1946, Volume 33, Part 1

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

33
A meeting of the Board of Governors of the Federal Reserve
System was held in Washington on Tuesday, January 8, 1946, at 11:00

PRESENT:

Mr.
Mr.
Mr.
Mr.

Ransom, Vice Chairman
Szymczak
McKee
Evans

Mr. Carpenter, Secretary
Mr. Connell, General Assistant,
Office of the Secretary
Mr. Morrill, Special Adviser
Mr. Thurston, Assistant to the Chairman
The action stated with respect to each of the matters herein—
after referred to was taken by the Board:
The minutes of the meeting of the Board of Governors of the
Federal Reserve System held on January 7, 1946, were approved unani—
mously.
Memorandum dated January 5, 1946, from Mr. Vest, General
Attorney,
recommending that Frederic Solomon, who has been on mili—
tary leave, be reinstated as an Attorney in the Legal Division, with
salary at the rate of $7,700 per annum, effective as of the date upon
which he enters upon the performance of his duties after having passed
the usual physical examination.
Approved unanimously.
Memorandum dated January 4, 1946, from Mr. Thomas, Director
of the Division of Research and Statistics, recommending that Miss
Mary Hedda
Bohlin, who has been on military leave, be reinstated as
a Research Assistant in that Division, with salary at the rate of




34
1/8/46

-2-

$2,650 per annum, effective as of the date upon which she enters upon
the performance of her duties after having passed the usual physical
examination.
Approved unanimously.
Memorandum dated December 4, 1945, from. Mr. Thomas, Director
of the Division
of Research and Statistics, recommending that Mrs.
Marie S. Schiff be appointed as a clerk in that Division on a temporary basis for an indefinite period subject to a satisfactory check
of her
references and also subject to proof that she is a citizen of
the United States, with salary at the rate of $1,836 per annum, effective as of the date upon which she enters upon the performance of
her duties after having passed the usual physical examination.

The

memorandum stated that Mrs. Schiff would become a member of the Federal Reserve Retirement System.
Approved unanimously.
Memorandum dated January 5, 1946, from Mr. Thomas, Director
Of the
Division of Research and Statistics, submitting the resignation of Mrs. Ruth L. Weisbrod, a Research Assistant in that Division,
and

recommending that the resignation be accepted as of the close

of business
January 18, 1946, and that a lump sum payment be made
for the annual leave remaining to her credit at that time.




The resignation was accepted as
recommended.

35
1/8/46

—3—
Letter to Mr. Flanders, President of the Federal Reserve Bank

Of Boston, reading as follows:
"In view of the circumstances described in your letter of December 28, 1945, the Board will interpose no objection to the Reserve Bank's changing from a weekly pay
schedule to a biweekly pay schedule, under which salary
would be paid for one week in advance every payday."
Approved unanimously.

Thereupon the meeting adjourned.

Approved:




V

e Chairman.