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Ton, call of the f.:(ovrnor a secia1 I-J.aot1: of the federal reserve. lOard was held in t to office of tIpa federal 'esrve, 'oard on ,line 9th -0r • • Crov;r-,-_or r. latt :r. L1j11 fl. 7iller Fr. ;Tares (2-alin,5).P.1.7.. Fr. ',1d.d7, -3tecretrry • Thard e).1)ed in a .oneral discussion of the discount rate situr,tion an,.1 the Dossibility of a chnne in the rate of -L,e federal 7eserve of Thu York. voted, 1.Aon rot ion the 6i3e13sion it of 7:r. 1.1.11er, .4 61:t the ".7,ecl.i.tive 1()Iittee of the 'or, .rd be nathorid, in the absence of a. oy.orup of the .7or(14 to approve '.?,h7 reduction 4.3de by the Tixectors of the. federal 7oserve 'lank of rev' York in the discoant rate of tht bank. "pm) edition, third otion of 1r. 'ra),lin, the "onr(l voted to have prirted a ithout electrot,-, of the Tale:: 7 1 ost of the 'ederal feserve pre-oared 0-I r. ialin, t'e first crInt to .)e of 4,000 col,i_)s, additionnl coHes as ')c) ',h,)rovs2d )7: ith ",o)/ittce, and t.de 4 the i'rie the o cent lye the volirre to be !:;,,.00 or s,),.;'1 other 1)rice as he fi;:e6 noicit toe. This action wr,3 taken with the -priderstan t0 be rflrio for the that no contract is . irate naw)or of subscriptions ri-t1J,inc: until the a, pro-L: 3411 7,ie known thrro:h the res,r;ctive federal reserve )nnks, and until allthorit-T is 0.1fl1nod, I (lonnsll advises such authoritf is necess, from. the -loir-otrollor "merl and the 'on_ressionnl Joint 'olrrlittoe on 2rintin:-;. rr.Tramlin s'6atd mt he id ascertained that tie cost o-2 the rirst 1,000 copies of t.(,) 7-iest would be 1,000 copies would cost collld be mnde at ,:i,71J9,• nnd that each adlitional 878.12. or tat the totl print of /1,000 copies he rate of T1.60 1)er co y. i2IG7overnor then -oresented0 10 tordated ,2une 7n, fro the Chnir17,2,. of 26- e.. Tkiard of 7irectors of the n2deral.:...7„eserve 3ank. of O1eve1and trans:ri-Atuing . copy of a resoltion advted 'y the directors • f tat ban1.-7_ at their reeti:ag on jilne at.: with rferance to the polic* officers of the brink were zoverned, in rentiy1 to the 7ational Republican A 411dte Cor7!rittee on Convention a cats of the .Roplabliocn widc the space i the Colittce .or Weveland ational 0o7L...1:ittee. 7.7oted. ho .,:eetin:;:; adjourned at one o'cloc. Secretary
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