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749 A. meeting of the Board of Governors of the Federal Reserve Sys'was held in Washington on Wednesday, June 7, 1939, Ett 11:30 a.m. PRESENT: Mr. Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee Davis Draper Mr. Mr. Mr. Mr. Morrill, Secretary Bethea, Assistant Secretary Carpenter, Assistant Secretary Clayton, Assistant to the Chairman The action stated with respect to each of the matters hereinatter referred to was taken by the Board: The minutes of the meeting of the Board of Governors of the l'aderel Reserve System held on June 6, 1939, were approved unanimously. The minutes of the meeting of the Board of Governors of the l'adel'al Reserve System with the Federal Advisory Council held on June 61 1939, were approved unanimously. Letter to Mr. Harrison, President of the Federal Reserve Bank Qr New York, reading as follows: "Referring to your letter of June 5, 1939, the Board Of Governors approves payment of a salary to Mr. Robert G. Rouse, Assistant Vice President, at the rate of $14,000 per annum for the period July 1, 1939, to December 31, 1939." Approved unanimously. Letter to Honorable Robert Y. Wagner, Chairman of the Banking e4(1 Currency Committee of the United States Senate, reading as follows: "There is transmitted herewith a statement of views or the Federal Advisory Council with respect to the Mead bill, S. 2343. "This statement is being sent to you, in accordance 750 "'With the request contained in the last paragraph thereof, for consideration by the subcommittee which is now conducting hearings on the bill." Approved unanimously. Thereupon the meeting adjourned. IALAJ Vid4AJ242 ecretarY.
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